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A Learning Portal from Recruitment India
Who issues one rupee notes in India?
Ministry of Finance
Ministry of Corporate Affairs
NABARD
RBI
Answer with explanation
Answer: Option AExplanation
one rupee notes are printed by the Ministry of Finance while other notes are printed by the RBI
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___________ allocates saving efficiently in an economy to ultimate users either for investment in real assets or for consumption.
Economic system
Banking system
Financial system
Market system
Answer with explanation
Answer: Option CExplanation
Financial system allocates saving efficiently in an economy to ultimate users either for investment in real assets or for consumption
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The Chief promoter of CSDL (Central Depository Services Limited CDSL) is which of the following?
NABARD
BSE
NSCCL
NSE
Answer with explanation
Answer: Option BExplanation
Central Depository Services (India) Ltd (CDSL), is the second Indian central securities depository based in Mumbai.[3] Its main function is the holding securities either in certificated or uncertificated (dematerialized) form, to enable book entry transfer of securities
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In financial circle, the name “Dalal Street” is used synonyms to………
BSE
NASDAQ
NSE
OTCEI
Answer with explanation
Answer: Option AExplanation
Dalal Street is a central location for most financial activity in India. The equivalent of this in the United States is Wall Street, where the New York Stock Exchange (NYSE), Federal Reserve, and every major bank is located. For London, Canary Wharf sits at the center of banking and finance.
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Investment Information and Credit Rating Agency of India (IICRA) is a —-.
Private company
Public company
Govt. Company
Statutory company
Answer with explanation
Answer: Option BExplanation
ICRA Limited (formerly Investment Information and Credit Rating Agency of India Limited) was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency
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The corpus of funds and its duration is fixed in case of ——- fund.
Open ended
Balanced
Close ended
Income fund
Answer with explanation
Answer: Option CExplanation
These funds do not trade in the open market. They don’t have a limit as to how many units they can issue. The NAV changes daily because of market fluctuations of the shares or stocks and bond prices in the fund
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What is the venture capital assistance at the stage where the project started to fetch profit but not reached in its full efficiency?
Startup capital
Mezzanine capital
Bridge capital
Seed capital
Answer with explanation
Answer: Option BExplanation
Mezzanine capital is the venture capital assistance at the stage where the project started to fetch profit but not reached in its full efficiency
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Which of the following is the regulator of mutual funds in India?
RBI
IRDA
SEBI
Both SEBI and GOI
Answer with explanation
Answer: Option DExplanation
Regulation. Mutual funds in India are regulated by the Securities and Exchange Board of India (SEBI) and GOI
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