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Saturday, August 20, 2016



1. Credit Risk is the risk in which _______________.
(1) borrower may opt to get necessary permit/licences
(2) wrong strategy is adopted
(3) interest rate in the markets may increase
(4) loan processing may be faulty
(5) a borrower will default on any type of debt

2. Name the source of collecting money from the public for a company for the first time?
(1) Rights issue
(2) Initial public offer
(3) Follow on offering
(4) Bonus shares
(5) Secondary offering

3. A mutual fund scheme in which the investors commit their money for a particular period is known as
(1) Closed-End Scheme
(2) Long-End Scheme
(3) Long-Term Fund
(4) Open-End Scheme
(5) Back-End Scheme

4. CP is an unsecured money market instrument issued in the form of a promissory note. In the abbreviation CP, letter ‘P’ stands for
(1) Payment
(2) Portfolio
(3) Paper
(4) Promissory
(5) Position

5. The process that has to be undertaken by banks and other financial institutions to prevent them from being used by criminal elements for money laundering is
(1) Credit Monitoring Process
(2) Credit Rating Process
(3) Credit Appraisal Process
(4) Due diligence Process
(5) KYC Process

6. With introduction of ATMs, telebanking and internet banking, banking hours is not a constraint for transacting banking business, which is known as
(1) Universal Banking
(2) Worldwide Banking
(3) Global Banking
(4) Anywhere Banking
(5) Other than those given as option

7. Which of the following institutions is a Credit Information Company?
(4) ICRA
(5) CARE

8. When an account does not have sufficient balance to honour the cheque issued by the account holder, the cheque is returned by the bank is called as______.
(1) cheque discounting
(2) bouncing of cheque
(3) cheque kiting
(4) cheque truncation
(5) cheque validation

9. The alphabet ‘P’ in the abbreviation EFTPOS stands for
(1) Permanent
(2) Private
(3) Public
(4) Primary
(5) Point

10. Which of the following is a receipt listed in India and traded in rupees declaring ownership of shares of a foreign company?
(1) European Depository Receipt (EDR)
(2) Indian Depository Receipt (IDR)
(3) Global Depository Receipt (GDR)
(4) American Depository Receipt (ADR)
(5) Luxemburg Depository Receipt (LDR)

1.5, 2.2, 3.1, 4.3, 5.5, 6.4, 7.1, 8.2, 9.5, 10.2,



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