Monday, April 20, 2015

Day 7 - Questions


Day 7 - Assets and Liabilities of Banks

( Bank Assets and Liabilities, Capitals and Assets, Mutual Funds, KCC, GCC)


Recommended Study links - (Go through these topics before attempting MCQs)


1.  Which of the followings are assets of banks?
i.  Loans and Advances
ii.  Bank Reserves
iii. Deposits of Customers
iv.  Investments of Banks
v.  External Commercial Borrowings (ECB)
vi.  Certificate of Deposits (CD)

a.  Only (i), (ii), (iii) and (vi)
b.  Only (ii), (v) and (vi)
c.  Only (i), (ii) and (iv)
d.  Only (v) and (vi)

2.  For a bank, employee wages (salaries) are -
a.  Assets of bank
b.  Liabilities of bank
c.  Both (a) and (b)
d.  None of the above

3.  Which of the followings provide maximum return to the banks?
a.  Loans and advances
b.  Reserves
c.  Investments
d.  Deposits of Customers

4.  Which of the following is a type of intangible asset?
a.  Land
b.  Patents
c.  Copyrights
d.  Both (b) and (c)

5.  Capital Assets are -
a.  Funds to run a business
b.  Any assets
c.  Assets used to make money, or to run a business
d.  Both (a) and (c)

6.  Mutual Fund is set up in the form of a trust. It consists -
a.  Sponsor
b.  Trustees
c.  Asset Management Company (AMC)
d.  All of the above

7.  Net Asset Value (NAV) / bid value is -
a.  Per unit of the fund, calculated by AMC after every business day
b.  Per unit of the fund, excluding liabilities, calculated by AMC after every business day
c.  Per unit of the fund, calculated by Trustees, after every business day
d.  None of the above

8.  Which of the following correctly represents NAV?
a.  NAV = current market value of (all assets - all liabilities) / no. of unit outstanding shares
b.  NAV = current market value of all assets / no. of unit outstanding shares
c.  NAV = current market value of all assets
d.  NAV = current market value of (all assets - all liabilities)

9.  Kisan Credit Card (KCC) is a credit cart exclusively for the farmers to provide them cash credit (CC) facility without visiting bank repeatedly to ask for bank loans for agricultural purpose. Who among the followings are eligible for KCC?
i.  Individual farmers
ii.  Tenant Farmers
iii.  Share croppers
iv.  Self Help Groups
v.  Joint Liability Groups
vi.  Small Industries

a.  Only (i) and (ii)
b.  Only (i), (ii) and (iii)
c.  All except (vi)
d.  All (i to vi)

10.  General Credit Card is provided for -
a.  Agricultural activities
b.  Non-farm entrepreneurial activities
c.  Fishery activities
d.  None of the above




Note - Do not refer any source while answering the questions. You can comment in the Comment Section below.


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