Merchant Banking and Financial Services - Topic Wise Multiple Choice Questions (MCQ)
Topic Wise Merchant Banking and Financial Services MCQ for competitive exam Practice Multiple Choice Questions for Bank IBPS SSC Online Test Private Job Interview
6 )
The early growth of merchant banking in the country is assigned to the ________.
FEMA
Foreign Exchange Regulation Act, 1973 ✔
Securities Contracts Act
Income-tax Act
None of these
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7 )
Developmental activities of merchant banking:
Sources of funds forever
Expanding industry and trade
Leaving a widening gap unabridged between supply and demand of investible funds.
All of the above ✔
None of these
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8 )
Different enactments for raising funds from the capital market:
1. Companies Act
2. Income-Tax Act
3. Foreign Exchange Regulation Act
4. Securities Contracts Act
5. Corporate laws and Regulations
1,2,4, 5
2, 3, 4, 5
1, 2, 3, 4, 5 ✔
2,3,4
1, 4
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9 )
The term ‘Merchant Bank’ is used in:
United States
United Kingdom ✔
America
India
France
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10 )
In India, merchant Banks operate in the form of divisions of India and foreign banks and financial institution, Subsidiary companies established by-
1. SBI Capital Markets Ltd.
2. Can Bank Financial Services Ltd.
3. PNB Capital Services Ltd.
4. BOI Finance Ltd.
5. Indian Bank Merchant Banking Services Ltd.
1, 2, 4, 5
2, 3, 4, 5
1, 2, 3, 4, 5 ✔
1, 3, 4, 5
3, 4, 5
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