🧪 IFS MCQ Quiz Hub

IFS Mcq Question Set 1

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1. The availability of cash and other cash like marketable instruments that are useful in purchases and investments are commonly known as ____




2. Banking sector comes under which of the following sectors ____




3. A set of complex and closely connected instructions, agents, practices, markets transactions, claims and liabilities relating to financial aspects of an economy is referred as: _____.




4. ___ is a market for financial assets which have a long or indefinite maturity.




5. ___was constituted to protect the interests of investors in securities and to promote the development of and to regulate the securities market through appropriate measures.




6. The maximum load that a fund can exchange is determined by ___




7. NBFC performs great role for finance in ____




8. NBFC is a company registered under _____




9. Finance is not available in the following factories service ______




10. Sales Ledger Administration is available in the following factoring services_____




11. Credit Protection is available in ____




12. Under forfaiting the client is able to get credit facility to the extent of____




13. Full service factoring is often____




14. The process of selling trade debts of a client to a financial intermediary is called______




15. ___ __ services are mainly provided to foreign investors




16. The Idea of providing factoring services was first thought of in India by_____.




17. The central theme of forfaiting is the purchasing of ________by a financial service company.




18. Refactoring charges have to be paid in the case of ____




19. Buying a company’s accounts receivable on a nonrecourse basis is known as _____




20. Which of the following is not necessarily a party to a forfaiting transaction?




21. The greatest security for a banker is that a_____




22. The buyer accepts the invoice and acknowledges _______ on the due date




23. ______has constantly endeavoured to develop the commercial bills market.




24. The _______ bill is properly stamped.




25. The practice of discounting accommodation bills is known as ___




26. No stamp duties are levied on LC backed bills up to _______ days.




27. “Prospectus” is the most important document for the Company to come out with a ______issue.




28. ______ Banks help to revive (cure) sick industrial units.




29. An ________relieves the company of the risk and uncertainty of marketing the securities.




30. Underwriters build up ______ confidence in the issue of securities.




31. The primary role of the ________ is to purchase securities from the issuer and resell them to investor.




32. A_________ include the following call for periodical report from the company.




33. ______ is the process of updating the accounts of the trading parties.




34. ______are financial contracts that derive their value from an underlying assets.




35. _____ look for opportunities to take on risk in the hope of making return




36. Buying low in one market and selling high in the other market , it called ___




37. Membership of ________ can be taken by an individual, Registered Partnership Firm, Corporate or bank




38. A very long tenure lease applicable to immovable properties is_____.




39. In __________ leasing, the risk of obsolescence is assumed by the lessee.




40. In hire purchase depreciation can be claimed by the____.




41. ____is referred as both fund based and fee based financial service.




42. Hire purchase Act passed in the year_____.




43. The term _________ refers financial investment in highly risky and growth oriented venture with the objective of earning a high rate of retune.




44. IDBI, IFCI, ICICI etc. are promoted by_____.




45. ____is known as mezzanine capital.




46. The first nationalized bank in India to start a VCF ____




47. The setting up of the National Housing Bank (NHB), a fully owned subsidiary of the Reserve Bank of India in _____ as the apex institution marketed the beginning of emergence housing finance as a fund based financial services in India.




48. The NHB, which a wholly – owned subsidiary of the_____.




49. Pradhan Mantri Awaas Yojana was lunched in _____with an aim to provide affordable housing to urban poor




50. The early stage financing of venture capital includes _____