68-Various Types of Financial Services

Banking Awareness Multiple Choice Questions (MCQs) and Answers with explanation on Various Types of Financial Services for IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Bank

1. Financial services offered financing risk project to provide which of the following?

[A] Seed capital
[B] Venture capital
[C] Primary fund
[D] Secondary fund

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2. Financial service companies excludes which of the following?

[A] Commercial banks
[B] Insurance companies
[C] Crepitating agencies
[D] Sole proprietorship

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3. Which of the following are functions of financial services?

[A] Mobilization of savings
[B] Allocation of fund
[C] Specialized services
[D] All of the above

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4. Which of the following is not a fee‐based financial service?

[A] Corporate counseling
[B] Profit management
[C] Lease financing
[D] Issue management

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5. Which of the following acts as an intermediary to link up the sources of ideas and the sources of fund?

[A] Merchant banking
[B] Venture capital
[C] Leasing
[D] None of these

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6. Which of the following operates in Inter-bank call money market?

[A] Scheduled commercial banks
[B] Co-operative banks
[C] Financer house of India
[D] All of the above

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7. Any change in flow of funds and the demand of them, is clearly reflected in which of the following?

[A] Call money market
[B] Money market
[C] Repo market
[D] Commercial bill market

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8. Which of the following is defined as a central location for keeping securities on deposit?

[A] Institutions
[B] Depository
[C] Instrument
[D] None of the above

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9. Which of the following is the benefit of credit-rating to investors?

[A] Safeguard against bankruptcy
[B] Saving of resources
[C] Credibility of issues
[D] All of the above

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10. Which of the following is regarded as the fourth element of the financial system?

[A] Financial institutions
[B] Financial instruments
[C] Financial services
[D] Financial markets

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