Q. A diversified equity fund is one which
✅ Correct Answer: (C)
Invests in stocks across various sectors
Banking and Finance 2 MCQs and Notes
Q. Which of the following is NOT a reason to invest in mutual funds?
✅ Correct Answer: (D)
Personal customized portfolio
Q. What is the full form of FLC?
✅ Correct Answer: (C)
Financial Leasing Company of India Limited
Q. What is the full form of FASB?
✅ Correct Answer: (A)
Financial Accounting Standard Board
Q. A leveraged lease is a three-sided agreement among the following:
✅ Correct Answer: (C)
a and b
Q. What are the benefits of leasing to other companies?
✅ Correct Answer: (D)
All of the above
Q. A Direct lease, a sale and leaseback, and a Leveraged lease are all examples of which of the following?
✅ Correct Answer: (B)
Financial leases
Q. The type of lease that includes a third party, a lender, is called as which of the following?
✅ Correct Answer: (B)
Leveraged lease
Q. Which of the following does not have any roles in regulation of NBFCs?
✅ Correct Answer: (C)
SIDBI
Q. Which of the following is false about NBFC?
✅ Correct Answer: (D)
NBFC cannot undertake insurance business