SAMPLE QUESTION PAPER

Programme M.COM (Banking and Finance)

Semester: IV
Course: Financial Services
Name of the Teacher: Bhavna Koli
Date:12/10/2020
Duration: 1Hr
Note: all questions are compulsory
25 MCQ

1. Financial service companies exclude

A. Commercial banks
B. Insurance companies
C. Sole proprietorship
D. Crepitating agencies.

2. Which one among the following formulates the fiscal policy in India?
A. Planning Commission
B. Finance Commission
C. The Reserve Bank of India
D. Ministry of Finance

3. The best indicator of economic development of any country is?

A. Its agriculture
B. Its transport
C. Its gross production
D. Its per capita income

4.The Chairman and other members shall have the right to relinquish office at any time before
the expiry of their tenure by giving a notice of how many months in writing to the Central
Government.
A. Two months
B. Three months
C. Four months
D. Five months

5. The audit committee shall meet at least times in a year

A. Two
B. Three
C. Four
D. Six

6. UTI, LIC etc are examples of

A. Banking institution
B. Investment institution
C. NBFI
D. Development banks
7. This P is not a part of the 7Ps of marketing mix?
A. Promotion
B. Price
C. People
D. Purpose

8. may be described as a social device to reduce or eliminate risk of loss

to life and property.
A. investment
B. saving
C. insurance
D. loan

9. The principle of ensures that an insured does not profit by insuring with multiple insurers
A. Subrogation
B. Contribution
C. Co-insurance d. Indemnity
D. Particular Average

10. ECS refers to

A. Easy Cash Service
B. Electronic Clearing Service
C. Electronic cash service
D. Easy Clearing Service

11. NEFT refers to

A. National Economic Fund Transfer
B. National Economic Fund Transfer
C. National Electronic Fee Transfer
D. none of these

12.SWIFT stands for

A. Society for Worldwide Internet Financial Telecommunications
B. Solution for Worldwide Interbank Financial Telecommunications
C. Society for Worldwide Internet Financial Telecommunications
D. Solution for Worldwide Interbank Financial Telecommunications

13.CBS stands for

A. Code Banking Solutions
B. Core Banking Solutions
C. common Banking Solutions
D. Credit Banking Solutions

14.State which of the statements given below is correct.

A. An organisation can exist only with employees
B. An organisation can exist only with different sections
C. An organisation can exist only with its own office building
D. An organisation can exist without a purpose
15. Banking is a system where banks combine both the deposit banking and invest banking
functions.
A. Chain banking
B. deposit banking
C. investment banking
D. mixed banking

16. of India offers a range of credit risk insurance covers to exporters against loss in export of
goods and services.
A. RBI
B. LIC
C. ECGC
D. NAIS

17. The first bank to set up a separate merchant banking division in India.
A. Punjab national bank
B. Standard charted bank
C. National & Grin days bank
D. National city bank.

18. Which of the following is not a fee‐based financial service?

A. Corporate counselling
B. Lease financing
C. Profit management
D. Issue management.

19.The Stock is
A. small units of equal value called shares
B. expressed in terms of money
C. expressed in terms of number of shares
D. fully paid and partly paid shares

20.Stock and bonds would be classified as

A. real assets
B. indirect assets
C. personal assets
D. financial assets

21. Technically, investments include

E. only financial assets
F. only marketable assets
G. financial and real assets that is marketable or non- marketable
H. only financial and real assets that is marketable

22.The investment professionals that arrange the sale of new securities are
A. arbitragers
B. traders
C. investment bankers
D. specialists
23.Customer Protection fund is set up
A. To protect the investors against price fluctuations
B. To protect the brokers
C. To provide insurance to the investors in case default by the members
D. To protect the member and investor

24.Speculator is a person
A. Who evaluates the performance of the company?
B. who uses his own funds only?
C. who is willing to take risk for high return?
D. who considers here says and market behaviours

25.Bombay Stock Exchange was established in the year

A. 1956
B. 1875
C. 1903
D. 1949