Q. Which of the following statement is true about Commercial Paper?
✅ Correct Answer: (C)
It was introduced in 1990
Banking and Finance 2 MCQs and Notes
Q. Which of the following is related with Money Market?
✅ Correct Answer: (A)
Treasury Bills
Q. Which of the following is not related with Money Market?
✅ Correct Answer: (D)
Shares
Q. What is Term Money?
✅ Correct Answer: (C)
It is loan of above14 day to 364 days in the money market
Q. What is Notice Money?
✅ Correct Answer: (B)
It is loan of above1 day to 14 days in the money market
Q. What is Call Money?
✅ Correct Answer: (A)
It is an overnight loan in the Money Market
Q. The type of pension plan in which all the benefits of pension are provided by the employer of the organization employees is classified as
✅ Correct Answer: (D)
Non – Contributory plan
Q. The pension plan in which the benefits of pension is paid by both parties involved , such as employers and employees is classified as
✅ Correct Answer: (C)
Contributory plan
Q. An employer who contravenes or makes default in complying with the provisions of section 6 of this act, shall be punishable with imprisonment for a term which may extend to _____ years.
✅ Correct Answer: (C)
3
Q. Under this act, how many members are appointed by the Central Government in Central Board representing employees in the establishments to which the Scheme applies
✅ Correct Answer: (B)
10