πŸ“Š Financial Services
Q. The concept of securitisation is associated with ___________.
  • (A) Capital market
  • (B) Money market.
  • (C) Debt market.
  • (D) Foreign exchange market.
πŸ’¬ Discuss
βœ… Correct Answer: (C) Debt market.
πŸ“Š Financial Services
Q. Under forfaiting the client is able to get credit facility to the extent of ____________.
  • (A) 100 % of the value of the export bill
  • (B) 80% of the value of the export bill.
  • (C) 75% of the value of the export bill
  • (D) 90% of the value of the export bill
πŸ’¬ Discuss
βœ… Correct Answer: (A) 100 % of the value of the export bill
πŸ“Š Financial Services
Q. Refactoring charges have to be paid in the case of ___________.
  • (A) Maturity factoring
  • (B) With recourse factoring
  • (C) Invoice factoring
  • (D) Full service factoring
πŸ’¬ Discuss
βœ… Correct Answer: (B) With recourse factoring
πŸ“Š Financial Services
Q. When the lessee is allowed to exchange equipment leased out whenever the original asset has to be sent to the lessor for some repair or maintenance, such type of lease is called _____.
  • (A) Wrap lease
  • (B) Import lease
  • (C) Swap lease.
  • (D) Leveraged lease
πŸ’¬ Discuss
βœ… Correct Answer: (C) Swap lease.
πŸ“Š Financial Services
Q. A very long tenure lease applicable to immovable properties is ____________.
  • (A) Leverage lease
  • (B) Conveyance lease
  • (C) Consumer leasing
  • (D) Balloon lease.
πŸ’¬ Discuss
βœ… Correct Answer: (B) Conveyance lease
πŸ“Š Financial Services
Q. The first Indian Bank to set up Merchant Banking division in India is ___________.
  • (A) UCO Bank
  • (B) State Bank of India
  • (C) ICICI.
  • (D) Punjab National Bank
πŸ’¬ Discuss
βœ… Correct Answer: (B) State Bank of India
πŸ“Š Financial Services
Q. The predetermined price at which an underlying asset has to be bought or sold in. an option contract is called ________.
  • (A) Option price.
  • (B) Exercise price
  • (C) Spot price
  • (D) Future price
πŸ’¬ Discuss
βœ… Correct Answer: (B) Exercise price
πŸ“Š Financial Services
Q. In an option contract, if the option can be exercised only at the time of maturity, it. is called_____
  • (A) Double option
  • (B) American option
  • (C) Put option.
  • (D) European option
πŸ’¬ Discuss
βœ… Correct Answer: (D) European option
πŸ“Š Financial Services
Q. Financial derivatives are mainly used for ______________.
  • (A) Speculative activities
  • (B) Creating more risks
  • (C) Hedging risks.
  • (D) Earning income
πŸ’¬ Discuss
βœ… Correct Answer: (C) Hedging risks.
πŸ“Š Financial Services
Q. The inflation free instrument is _____________.
  • (A) Option bond
  • (B) Variable rate bond
  • (C) Index-linked guilt bond
  • (D) Deep discount bond
πŸ’¬ Discuss
βœ… Correct Answer: (C) Index-linked guilt bond