DEPARTMENT OF BUSINESS STUDIES, FCBS

II Sessional Examination, April 20

BBA General & Banking IV Semester
Indian Financial System: (BBA-DE-402)

Time: 60 minutes Max. Marks: 30

Note: Attempt any 3 questions. Q.1 is compulsory. Marks are indicated against each
question. All the answer sheets are to be numbered such as 1/5, 2/5, …….5/5 if you have
answered in 5 pages. Upload these scanned or photographed pages on ERP or else mail
it, as per instructions given earlier, to Dr. Urvashi Sharma – urvashi.fcbs@mriu.edu.in

Q1. 1. At present most of the Indian Banks are falling under the
a. Chain Banking System
b. Unit Banking System
c. Branch Banking System
d. None of the above

2. Bank classifications according to law are

a. Private Bank
b. Scheduled Bank
c. Non-Scheduled Bank
d. Both (b) and (c)

3. In which year the first central Bank in the world was established?
a. 1660
b. 1670
c. 1680
d. 1668

4. Bank classification is possible according to

a. Ownership
b. Law
c. function
d. All of the above

5. Which of the following schemes are operated by IDBI?

a. Modernisation Assistance Scheme
b. Technical Development Fund Scheme
c. Equipment Finance Scheme
d. All of these

6. State-level financial institutions are

a. State Financial Corporation’s (SFCs).
b. State Industrial Development Corporations (SIDC)
c. State Industrial Investment Corporations (SIIC)
d. All of the above
 7. Which bank was earlier known as the imperial bank of India?
a. State Bank of India
b. Reserve Bank of India
c. Bank of Baroda
d. Syndicate Bank

8. The main functions of UTI are

a. To mobilise the savings of the community through sale of units.
b. To invest the savings so mobilised in corporate securities such as shares and
debentures etc.
c. To serve unit holders along the length and breadth of the country.
d. All of the above

9. All India financial Institutions are

a. Industrial Development Bank of India (IDBI)
b. Industrial Finance Corporation of India (lFCI)
c. Industrial Credit and Investment Corporation of India (ICICI)
d. All of the above

10.Industrial Development Bank of India is

a. Wholly-owned Government of India undertaking
b. Wholly-owned subsidiary of Reserve Bank of India
c. A corporation and owned by Government of lndia and public sector banks.
d. Public Limited Company
(1x10 = 10)

Q2. Define mutual funds and explain various types of mutual funds with advantages and
disadvantages. (10)

Q3. Expalin depository system in India with its process. (10)

Q4. Define stock exchange and explain its advantages and disadvantages.

(10)