Banking & General Financial Awareness

Banking & General Financial Awareness Multiple Choice Questions (MCQs) and Answers with explanation for All Banking Exams of 2024-25 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations.

41. Which of the following instruments is issued by corporations to raise funds for a period of up to one year?
[A] Commercial Paper
[B] Call Money
[C] Treasury Bill
[D] Certificate of Deposit

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42. What role does a registrar play in the issue process?
[A] Ensures regulatory compliance
[B] Manages underwriting commitments
[C] Manages applications and allotment of shares
[D] Provides post-issue market support

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43. Under which regulation are debenture trustees governed in India?
[A] SEBI (Debenture Trustees) Regulations, 1993
[B] SEBI (Issue of Capital) Regulations, 2005
[C] Companies Act, 2013
[D] SEBI (Underwriting) Regulations, 1999

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44. Which of the following is NOT a responsibility of a debenture trustee?
[A] Monitoring the performance of the issuer
[B] Ensuring timely payment of interest and principal
[C] Approving the issue price of debentures
[D] Enforcing the security in case of default

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45. What is the primary objective of the SEBI (Buyback of Securities) Regulations, 1998?
[A] To enable companies to raise capital
[B] To provide a mechanism for companies to repurchase their own shares
[C] To facilitate mergers
[D] To regulate debt markets

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46. What is the purpose of a credit rating agency in capital markets?
[A] To regulate stock exchanges
[B] To assign ratings to debt instruments based on credit risk
[C] To trade in government securities
[D] To manage IPO allotments

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47. Which of the following companies was the first private life insurer to start operations in India after liberalization?
[A] HDFC Life Insurance
[B] ICICI Prudential Life Insurance
[C] Bajaj Allianz Life Insurance
[D] SBI Life Insurance

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48. Fire insurance policies in India generally have a term of:
[A] 1 year
[B] 5 years
[C] 10 years
[D] Lifetime

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49. Which of the following is NOT an example of general insurance?
[A] Health Insurance
[B] Motor Insurance
[C] Term Life Insurance
[D] Marine Insurance

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50. What is the primary difference between CBDCs and cryptocurrencies?
[A] CBDCs are issued by governments, while cryptocurrencies are decentralized
[B] CBDCs have no legal backing
[C] Cryptocurrencies are issued by banks
[D] CBDCs are not used for payments

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