Banking Awareness Quiz – Set 136

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Welcome to Banking Awareness Quiz in AffairsCloud.com. Here we are creating quiz covering important questions which are common for all the bank exams and other competitive exams.

1. The Headquarters of Industrial Finance Corporation of India(IFCI) ________
   A. Mumbai
   B. New Delhi
   C. Chennai
   D. Hyderabad
   E. None of these
   
   Answer & Explanation

   B. New Delhi
   Explanation:
   The Headquarters of Industrial Finance Corporation of India(IFCI) New Delhi
   
   
2. The time exceeding five years are usually regarded as ________
   A. Short-term finance
   B. Long-term finance
   C. Medium-term finance
   D. All of these
   E. None of these
   
   Answer & Explanation

   B. Long-term finance
   Explanation:
   Long-term industrial finance refers to the funds required for a period of over 5 years.
   
   
3. Which of the following is an important source of long-term finance?
   A. Issue of shares & Debentures
   B. Borrowing from banks and other financial institutions
   C. Ploughing back of profits
   D. All of these
   E. None of these
   
   Answer & Explanation

   D. All of these
   Explanation:
   The important sources of long-term finance are Issue of shares and debentures, Borrowing from banks and other financial institutions and Ploughing back of profits
   
   
4. Which of the following is an important source of medium-term finance?
   A. Issue of shares & Debentures
   B. Borrowing from banks and other financial institutions
   C. Ploughing back of profits
   D. All of these
   E. None of these
   
   Answer & Explanation

   D. All of these
   Explanation:
   The important sources of long-term finance are Issue of shares and debentures, Borrowing from banks and other financial institutions and Ploughing back of profits
   
   
5. The Headquarters of Power Finance Corporation Ltd(PFC) ________
   A. Mumbai
   B. New Delhi
   C. Chennai
   D. Hyderabad
   E. None of these
   
   Answer & Explanation

   B. New Delhi
   Explanation:
   The Headquarters of Power Finance Corporation Ltd(PFC) New Delhi
   
   
6. Power Finance Corporation Ltd(PFC) is owned by?
   A. GOI
   B. ICRA
   C. IDFC
   D. IFCI
   E. All of these
   
   Answer & Explanation

   A. GOI
   Explanation:
   Power Finance Corporation Ltd(PFC) is owned by GOI.
   
   
7. Power Finance Corporation Ltd(PFC), is a ______
   A. Private Bank
   B. Scheduled Bank
   C. Development Bank
   D. Financial Services Company
   E. None of these
   
   Answer & Explanation

   D. Financial Services Company
   Explanation:
   Power Finance Corporation Ltd(PFC), is an Indian government-owned Financial Services Company.
   
   
8. Power Finance Corporation Ltd(PFC), is listed on _____
   A. Bombay Stock Exchange (BSE)
   B. National Stock Exchange (BSE)
   C. Calcutta Stock Exchange (CSE)
   D. Both (A) and (B)
   E. None of these
   
   Answer & Explanation

   D. Both (A) and (B)
   Explanation:
   Power Finance Corporation Ltd(PFC), is listed on Bombay Stock Exchange (BSE) and National Stock Exchange (BSE)
   
   
9. The major part of PFC’s funds is raised through ______
   A. Issue of shares & Debentures
   B. Borrowing from banks and other financial institutions
   C. Ploughing back of profits
   D. Rupee denominated bonds
   E. None of these
   
   Answer & Explanation

   D. Rupee denominated bonds
   Explanation:
   The major part of PFC’s funds is raised through Rupee denominated bonds.
   
   
10. Which of the following is the product of Power Finance Corporation Ltd(PFC)?
    A. Rupee Term Loan
    B. Foreign Currency Loan
    C. Short Term Loan
    D. All of these
    E. None of these
    
    Answer & Explanation

    D. All of these
    Explanation:
    Rupee Term Loan, Foreign Currency Loan and Short Term Loan are the products of Power Finance Corporation Ltd(PFC)