Ch 5 Organizations Facilitating Business Quiz - CA Foundation 0 Created on October 14, 2023 By admin Ch 5 Organizations Facilitating Business Quiz 1 1 / 20 In ________, the Union Government enacted the Industries Develop-ment and Regulation Act. 1947 1948 1950 1951 2 / 20 Business facilitator is/are those: Who helps the business Who advises the business on various sources of finance domestic as well as foreign Who create and grow young business All of these. 3 / 20 _________ helps create and grow young business by providing them with necessary support and financial and technical services. Business facilitator Business Incubator Business Consultant Business merchandiser 4 / 20 Which, one of the following is a “Point of Contact” Business facilitator? Freight Forwarder Business Incubator Financial Consultant. All of the above 5 / 20 _______ is the national level apex organisation for entrepreneurship development. EDI FDI MDI SDI 6 / 20 Which one of the following is the industry specific business facilitator? Insurance Regulatory and Development Authority Securities & Exchange Board of India Reserve Bank of India Ministry of Industry 7 / 20 _________ is the rule setter for fair play in business provides the business facilitation. RBI SEBI Competition Commission of India Ministry of Law 8 / 20 The _________ is regarded as the watershed development in business facilitation in India. Economy Policy of 1951 Economic Policy of 1956 Economic Policy of 1991 Economic Policy of 2015 9 / 20 The detailed organisation and implementation of a Complex operation is called as _________. Logistics support Organisation Incubator Merchandiser 10 / 20 Which one of the following is the funding institution. RBI IRDAI IFCI CCI 11 / 20 SEBI, RBI & IRDA are ________. Regulatory Bodies Cluster Bodies Goal sector bodies None of these 12 / 20 Which one of the following is not a non-funding Institution? RBI SEBI TRAI IFCI 13 / 20 The Institute ________ aims to enhance India’s image as a sourcing partner and investment destination. India Trade Promotion Organisation Industrial Development institute Indian Institute of Foreign Trade International Development Institute 14 / 20 The Entrepreneurship Develop-ment Institute (EDI) render : Consultancy Service Service of preparing State indus-trial profiles The facility to conduct district level industrial potential surveys All of the above. 15 / 20 Who regulates the currency in the country? SEBI RBI Central Bank Finance Ministry 16 / 20 The Central Office of the Reserve Bank was initially established in ________ but was permanently moved to ________ in 1937. Kolkata, Mumbai Mumbai, Kolkata Delhi, Mumbai Kolkata, Delhi 17 / 20 Which of the following scheme has been introduced by Government for furthering and facilitating Indian Business? Made in India Make in India SEZ Jan Shakti Yojana 18 / 20 At present, in India, we have ________ Micro, Small and Medium Enterprises Development Institutes. 25 28 30 35 19 / 20 ________ focuses on training the trainers in entrepreneurship development. NIESBUD NISBUD EDI None of the above. 20 / 20 The RBI has been vested with ex-tensive power to control and supervise commercial banking system under the: Reserve Bank of India Act, 1934 The Banking Regulation Act, 1949 Both (a) and (b) None of the above. Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 0 Created on October 14, 2023 By admin Ch 5 Organizations Facilitating Business Quiz 2 1 / 20 The Reserve Bank’s affairs are governed by ________ Central Board of Directors RBI Governor Finance Minister Committee of Ministers. 2 / 20 Which institution includes money market and forex market. SEBI IFCI SIDBI RBI 3 / 20 The RBI has been vested with ex-tensive power to control and supervise commercial banking system under which Act? The Reserve Bank of India Act, 1933 The Reserve Bank of India Act, 1934 The Reserve Bank of India Act, 1935 The Reserve Bank of India Act, 1936 4 / 20 Which of the following is not a function of RBI? Fiscal Policy Controller of Credit Monetary Policy Custodian of Foreign Exchange Reserves. 5 / 20 Who is the custodian of the nation’s foreign exchange reserves? Central Government of India President of India Reserve Bank of India State Bank of India 6 / 20 ____ represents the ratio of liquid assets of the banks to their deposit liabilities. SLR CRR CLR None 7 / 20 Which of the following can be the expiry period of Treasury Bills? 91 Days 182 Days 364 Days Any of above 8 / 20 Which of the following statements about RBI is incorrect? It deals largely with Governments, Central and State Banks. Its role is to ensure monetary stability, including stability of domestic price levels. One of its missions is to protect the interest of policyholders. The RBI is the sole authority for the issue of currency in India. 9 / 20 The RBI ________ Treasury Bills on behalf of in ________ order to wipe away excess liquidity in the economy. Sells, Central Govt. Purchases, Central Govt. Sells, Ministry of Corporate Af-fairs Purchases, Finance Ministry 10 / 20 The Reserve Bank of India being the Central Bank of India performs all the central banking functions. Which one of the following is not the Tunctions of RBI? Banker to the Government Issue of currency Watchdog of the unethical competition in the market Custodian of the nation’s foreign exchange reserves 11 / 20 _____ has been entrusted with the task of collection and compila-tion of statistical information relating to banking and other financial Sectors of the economy. RBI Indian Statistical Institute Central Research Organisation Banking Data Record Organisation. 12 / 20 Which condition, or which is not true out of options about bank rate? It is called discount rate It is different from repo rate SEBI influences the interest rates through bank rate. Higher bank rate will translate to higher lending rates by the banks 13 / 20 Which of these is a regulatory institution? RBI SEBI IRDAI Municipal Development Agency 14 / 20 Which of the following is not a function of RBI? Banker to the Government Banker’s Bank Controller of Credit Issue of currency of one rupee coin & notes. 15 / 20 _______ is the rate of Interest offered by RBI, when bank deposit their surplus funds with the RBI for short periods. Repo Rate Discount Rate Bank Rate Reserve Repo Rate 16 / 20 The rate at which Bank borrows money from the RBI against pledging or Sale of Government Securities to RBI is known as: Repo Rate Reserve Repo Rate Discount Rate Bank Rate 17 / 20 RBI provides loans to the banks either by direct lending or by redis-counting the bills of commercial banks and treasury bills. It is known as: Bank Rate Rate of Interest Discount Rate Lending Rate 18 / 20 If the current bank rate is 6.25% and RBI decreases it by 20 basis point, then new rate will be: 6.0596 6.4596 6.2396 4.2596 19 / 20 One percent is equivalent to ________ basis points. 01 10 50 100 20 / 20 The RBI usurps the funds of RBI via stipulating: SLR and CRR Repo Rate Bank Rate None of the above Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 0 Created on October 14, 2023 By admin Ch 5 Organizations Facilitating Business Quiz 3 1 / 20 Which one of the following is not digital payment mechanism of funds transfer? Card Swiping Internet Banking Bills of Exchange All of the above. 2 / 20 Which one of the following is not digital payment mechanism of funds transfer? Card Swiping Internet Banking Bills of Exchange All of the above. 3 / 20 Which one of the following is not digital payment mechanism of funds transfer? Card Swiping Internet Banking Bills of Exchange All of the above. 4 / 20 Which one of the following is paper based mechanism of funds transfer? Currency Cheques Bills of Exchange All of the above. 5 / 20 SEBI has its Western Regional Office in: Pune Mumbai Ahmedabad Surat 6 / 20 The Chairman of SEBI is appointed by ______ RBI Central Government Finance Minister Prime Minister 7 / 20 The headquarters of SEBI is situated in ________. Mumbai Delhi Chennai Kolkata 8 / 20 Who was the regulatory body for controlling financial affairs in India before SEBI? Controller of Capital Issues Reserve Bank of India Insurance Regulatory and Development Authority of India Government of India 9 / 20 The Central Board of Directors of RBI is appointed by: Central Government Ministry of Finance Finance Minister None of the above 10 / 20 In April 1988, the SEBI was con-stituted as the Regulator of Capital Markets in India under: A resolution of the Govt, of India A resolution of RBI Recommendations of Group of Ministers Recommendations of Finance Minister. 11 / 20 How many members of SEBI Board are nominated by RBI? One two three four 12 / 20 SEBI Function Consists of: Quasi Legislative Quasi Judicial Both (a) and (b) None of these 13 / 20 SEBI has several functions rolled into one body. Which one of the fol-lowing is not the function of SEBI? Quasi-legislative Quasi-judicial Quasi-professional Quasi-executive 14 / 20 The first appeal of Securities Ex-change Board of India. RBI Supreme Court High Court Securities Appellate Tribunal 15 / 20 Where can the first appeal against SEBI be made? High Court Supreme Court Securities Appellate Tribunal RBI 16 / 20 SEBI has to be responsive to the needs of groups, which constitute the market: The issuers of securities The investors The market intermediaries All of the above 17 / 20 Which one of the following is the power of SEBI? Approval of By-laws of Stock Exchanges. Inspection of books of Stock exchanges. Inspection of books of account All of the above 18 / 20 Who was the regulatory body for controlling financial affairs before SEBI? Reserve Bank of India Controller of Capital Issues Government of India Insurance Regulatory and Development Authority of India. 19 / 20 For the discharge of its functions efficiently, SEBI has been vested with the following powers: To approve by-laws of stock ex-changes. To inspect the books of account and call for periodical returns from recognized stock exchang-es. To compel certain companies to list their shares in one or more stock exchanges. All of the above 20 / 20 Where can the second appeal are made against SEBI? Securities Appellate Tribunal High Court Supreme Court RBI Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 0 Created on October 14, 2023 By admin Ch 5 Organizations Facilitating Business Quiz 4 1 / 20 SEBI has to be responsive to the needs of which group? Issuers of Securities Investors Market Intermediaries All of the above 2 / 20 The regional office of SEBI is not located in: Chennai Kolkata Chandigarh Ahmedabad 3 / 20 When was SEBI constituted? 1988 1990 1986 1989 4 / 20 The Securities Appellate Tribunal is a member Tribunal. Two Three Four Five 5 / 20 With increased competition, the producers have the following benefits except: Incentive to innovate Incentive to specialize Reduced Costs Monopoly Status 6 / 20 Which of the following is a func-tion of SEBI? Fixation of Bank Rate Issue of Currency Approval of by-laws of Stock Exchange Issue of winding up order of the companies 7 / 20 Which one of the following state-ments is incorrect? The SEBI members consist of a Chairman, who shall be appointed by Central Government. The SEBI members consist of two members from amongst the officials of the Ministry of the Central Government. The SEBI members consist of one member from amongst the official of RBI, who shall be nominated by RBI. The SEBI members consist of five other members out of which atleast four members shall be whole-time members, who shall be appointed by Central Government. 8 / 20 SEBI drafts repletion in its ________ capacity whereas the rules and orders are passed in its ________ Capacity. Legislative, Judicial Legislative, Executive Judicial, Legislative Executive, Judicial 9 / 20 How many members of SEBI should be from RBI? 4 3 2 1 10 / 20 Competition Commission of India is formed: To prevent practices having ad-verse effect on competition To protect the interests of con-sumers Both (a) and (b) None of these 11 / 20 The Competition Act, 2002 pro-hibits. Anti-Competitive agreements Abuse of dominant position by enterprises Irregular combinations All of the above. 12 / 20 Competition law is a tool ________. To implement and enforce Competition policy To Prevent and punish anti-competitive business practices by firms To Prevent unnecessary Government interference in the market All of the above. 13 / 20 Which one of the following is not a benefit of free and fair Competition? Increase in Efficiency Improvement in quality Encouragement of innovation Protection of Laggards. 14 / 20 The Competition between Me Donald and Burger King, Coca-Cola and Pepsi, Pizza Hut and Dominos, etc. are the examples of : Direct Competition Indirect Competition Cross Competition Straight Competition 15 / 20 The following are the objectives of the establishment of the Competition Commission except: Prevention of practices having promotion of Competition Promote and Sustain Competition in markets Protect the interests of Consumers To ensure freedom of trade carried on by other participants in markets. 16 / 20 What is the constitution of Com-petition Commission of India? A Chairperson and 6 members appointed by the Central Government A Chairperson and 5 members appointed by the Central Government A Chairperson and 5 members appointed by the RBI A Chairperson and 6 members appointed by the RBI 17 / 20 Which of the following is increased about the competition Commission of India (CCI)? CCI is a body Corporate having perpetual succession and common Seal. CCI was established by the Central Government. CCI consists of Chairperson and Six members. The members of CCI are appointed by Ministry of Welfare. 18 / 20 With the enforcement of the Com-petition Act, 2002, the ________ shall stand repealed. MRTP Act Consumer Protection Act Controller of Capital Issues Act None of the above 19 / 20 Which one of the following is not the role of the Competition Commission of India? To promote practices having adverse effect on competition. To promote and sustain competition in markets. To protect the interests of consumers and, To ensure freedom of trade carried on by other participants in markets in India. 20 / 20 The preamble to the Competition Act does not include: Prevent practices having adverse effect on competition To Promote and sustain competition in markets To Protect the interests of producers To ensure freedom of trade carried on by other participants in markets. Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 0 Created on October 14, 2023 By admin Ch 5 Organizations Facilitating Business Quiz 5 1 / 19 NABARD is the most important institution in the country which looks after the development of the: Cottage industry, Small industry Village industry All of the above. 2 / 19 Which of the following role is not discharged by NABARD? Monitoring and evaluation of projects financed by it. Refinancing the financial insti-tutions which finance the rural sector. Regulates the institutions which provide financial help to the rural economy Establishment of small organisa-tions for Agro-Sector. 3 / 19 Large number of SHGs have been linked to credit, resulting in an impor-tant Indian tool for microfinance, by the endeavour of: NABARD SIDBI IDBI SEBI 4 / 19 NABARD looks after the develop-ment of the ________. Cottage Industry Small and village Industries Rural Industries All of the above 5 / 19 RRB Stands for ________. Rural Regional Banks Regional Rural Banks Reserve Regional Banks Rural Regression Banks. 6 / 19 NABARD refinances the financial institutions which finances the: Urban sector Rural sector Secondary sector Service sector 7 / 19 NABARD is the most important institution in the country which looks after the development of the: Cottage Industry Small Industry Village Industry All of the above 8 / 19 NABARD has a portfolio of Natural Resource Management Programmes involving: Watershed Development Tribal Development Farm Innovation All of the above 9 / 19 ________ is the pilot proiect of NABARD for digitization of SHGs. E – Shanti E – Shakti E – Agriculture E -Village 10 / 19 Where is the headquarter of NA-BARD? Mumbai Delhi Gurugram Bengaluru 11 / 19 SHG stands for ________. Self-Halogen groups Self- Help groups State Holding Groups Skill help groups 12 / 19 NABARD is also known for its: SHG Bank Linkage Programme AKG Bank Linkage Programme CBG Bank Linkage Programme BHG Bank Linkage Programme 13 / 19 Which of the following is a devel-opment bank? NABARD EXIMBANK SIDBI SEBI 14 / 19 NABARD serves as anapexfinancing agency for the institutions providing investment and production credit for promoting the various developmental activities in ________. Rural areas Urban areas Sub-urban areas All of the above 15 / 19 IRDAI role is to provide registration certification to life insurance compa-nies and responsible for ________ of this registered certificate.I. RenewalII. ModificationIII. CancellationIV. Suspension I I & III I, II and III I, II, III and IV 16 / 19 When was IRDAI constituted? 1997 1998 1999 2000 17 / 19 Which of the following reflects the functioning of IRDAI as a business facilitator? It takes steps to regulate and develop the insurance industry It protects the interests of the insurance policy holders It disseminates a lot of informa-tion for the benefit of policy holders. All of the above. 18 / 19 Which Section of IRDAI Act, 1999 lays down the duties, powers and functions of IRDAI? Section 10 Section 12 Section 14 Section 5 19 / 19 _______ is an autonomous apex statutory body which regulates and develops the insurance industry in India. IRDAI IRDA Act, 1999 Insurance Act, 1932 TRAI Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz
