Question 1

In ---------------- , insurable interest is enough at the time of loss

Accepted Answer

A) Fire insurance 
B) Life insurance 
C) Burglary insurance 
D) Marine insurance D

Question 2

A Non Banking Financial Institution

Accepted Answer

A) Can accept demand deposit 
B) Can issue cheques to customers 
C) Cannot accept fixed deposit 
D) Cannot accept demand deposit and cannot issue cheques D

Question 3

SFC is an example of

Accepted Answer

A) Banking institution 
B) Investment institution 
C) NBFI 
D) Development Institution D

Question 4

Which of the following is /are not regulatory institutions

Accepted Answer

A) RBI 
B) SEBI 
C) IRDA 
D) IFCI

Question 5

UTI, LIC etc are examples of

Accepted Answer

A) Banking institution 
B) Investment institution 
C) NBFI 
D) Development banks

Question 6

Kerala State Financial Enterprises ltd (KSFE) is an example of

Accepted Answer

A) Banking institution 
B) Investment institution 
C) NBFI 
D) State level development banks

Question 7

According to IFRS, the term financial asset includes

Accepted Answer

A) Cash or Cash equivalent 
B) Equity shares 
C) Contractual right to receive cash 
D) All the above

Question 8

"Native Stock and Share Brokers Association" is the old name of............

Accepted Answer

A) SEBI 
B) NSE 
C) BSE 
D) NASDAQ

Question 9

_______ is a financial service which pooling risks of people

Accepted Answer

A) Mutual fund 
B) Venture capital 
C) insurance 
D) all of these

Question 10

Which of the following is /are example of Secondary or indirect financial instrument

Accepted Answer

A) Equity shares 
B) Preference shares 
C) Post office saving deposit 
D) Bonds

Question 11

'Follow on Public Offer' is also known as

Accepted Answer

A) Further public offer 
B) Seasoned public offer 
C) Subsequent public offer 
D) All of these

Question 12

"D vs. P" system for government securities market means

Accepted Answer

A) Delivery and payment settlement 
B) Dividend and principal settlement 
C) Dollar and Pound settlement 
D) Delaying and postponement

Question 13

Which of the following is /are example of primary or direct financial instrument

Accepted Answer

A) Fixed deposit receipt 
B) Insurance policies 
C) Mutual fund Unit 
D) Debentures

Question 14

Which of the following is not a negotiable instrument?

Accepted Answer

A) ADR 
B) GDR 
C) FDR 
D) IDR

Question 15

Non banking financial institutions (NBFIs) are registered under

Accepted Answer

A) RBI Act 
B) Banking Regulation Act 
C) Companies Act 
D) SEBI Act

Exam 10: Financial Instruments, Institutions, and Regulations in Indias Securities Market