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2.5 Banking, Financial Services and Insurance Week - 01

Banking System & Operations

Pre Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
When did the banking crisis of 1913-1917 end?

Response: 1949

Correct answer: 1949

Score: 1 out of 1 Yes

Question 2
Which among these is not a monetary tool?

Response: Deficit financing

Correct answer: Deficit financing

Score: 1 out of 1 Yes

Question 3
NBFC stands for:

Response: Non-banking financial company

Correct answer: Non-banking financial company

Score: 1 out of 1 Yes

Question 4
By performing open market operation transactions, RBI regulates which of these factors?

Response: Both b. & c.

Correct answer: Both b. & c.

Score: 1 out of 1 Yes

Question 5
Current account deposits are:

Response: Repayable on demand

Correct answer: Repayable on demand

Score: 1 out of 1 Yes

Question 6
Which of the following rules do not apply to banking companies?

Response: Companies Act

Correct answer: Companies Act

Score: 1 out of 1 Yes

Question 7
Canara Bank is an example of:

Response: Public Bank

Correct answer: Public Bank

Score: 1 out of 1 Yes

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Question 8
Banking sector falls under which of the following sectors?

Response: Service sector

Correct answer: Service sector

Score: 1 out of 1 Yes

Question 9
Which is the primary activity of a commercial bank?

Response: All of these

Correct answer: All of these

Score: 1 out of 1 Yes

Question 10
Which was the second bank in India with limited liability?

Response: Punjab National Bank

Correct answer: Punjab National Bank

Score: 1 out of 1 Yes

Question 11
Which among the following is not a public sector bank?

Response: City Union Bank

Correct answer: City Union Bank

Score: 1 out of 1 Yes

Question 12
Punjab National Bank was established in .

Response: 1894

Correct answer: 1894

Score: 1 out of 1 Yes

Question 13
Imperial Bank of India was nationalised in ______.

Response: 1955

Correct answer: 1955

Score: 1 out of 1 Yes

Question 14
HDFC bank is an example of:

Response: Private Bank

Correct answer: Private Bank

Score: 1 out of 1 Yes

Question 15
In which year was the Banking Regulation Act passed?

Response: 1949

Correct answer: 1949

Score: 1 out of 1 Yes

Question 16
What is Repo rate?

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Response: Rate at which RBI allows temporary loan facilities to commercial banks against government securities only on the condition that the bank will repurchase
the securities within a short period.

Correct answer: Rate at which RBI allows temporary loan facilities to commercial banks against government securities only on the condition that the bank will
repurchase the securities within a short period.

Score: 1 out of 1 Yes

Question 17
What is known as ‘Lender of Last Resort’?

Response: If a commercial bank is in crisis, it may place its reasonable demand for accommodation to Reserve Bank of India

Correct answer: If a commercial bank is in crisis, it may place its reasonable demand for accommodation to Reserve Bank of India

Score: 1 out of 1 Yes

Question 18
Which movement encouraged the formation of commercial banks?

Response: Swadeshi movement

Correct answer: Swadeshi movement

Score: 1 out of 1 Yes

Question 19
Which bank was united with the Punjab National Bank in 1993?

Response: New Bank of India

Correct answer: New Bank of India

Score: 1 out of 1 Yes

Question 20
Credit can be created by:

Response: Commercial banks

Correct answer: Commercial banks

Score: 1 out of 1 Yes

Question 21
The most widely used monetary policy tool among these is?

Response: Open market operations

Correct answer: Open market operations

Score: 1 out of 1 Yes

Question 22
The most widely used tool of monetary policy is known as ______.

Response: Open market operations

Correct answer: Open market operations

Score: 1 out of 1 Yes

Question 23
Oudh Commercial Bank was founded in ______.

Response: 1881

Correct answer: 1881

Score: 1 out of 1 Yes

Question 24
When RBI increases the cash reserve ratio (CRR), it will

Response: Decrease money supply in the economy

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Correct answer: Decrease money supply in the economy

Score: 1 out of 1 Yes

Question 25
Which bank was baptised as the State Bank of India?

Response: Imperial Bank of India

Correct answer: Imperial Bank of India

Score: 1 out of 1 Yes

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8/25/24, 9:19 AM 2.5 Banking, Financial Services and Insurance Week - 02 - https://learn.onlinejain.com/student_quiz_assignment/submissions/…
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2.5 Banking, Financial Services and Insurance Week - 02

Retail & NRI Banking

Pre - Lecture Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
Attractive interest spreads since spreads are wide, since customers are too ______ to bargain effectively.

Response: Fragmented

Correct answer: Fragmented

Score: 1 out of 1 Yes

Question 2
Current account is an ______.

Response: Operative account

Correct answer: Operative account

Score: 1 out of 1 Yes

Question 3
Historically, banking in the Indian scenario was identified with lending to business and corporate clients for working capital and project financing.

Response: 1960s

Correct answer: 1960s

Score: 1 out of 1 Yes

Question 4
Banking is ______ of modern commerce and trade.

Response: Blood

Correct answer: Blood

Score: 1 out of 1 Yes

Question 5
Which of the following has retail banking concept?

Response: a & c

Correct answer: a & c

Score: 1 out of 1 Yes

Question 6
Before 1960s, banks delivered services, various products, instruments and facilities to serve ______.

Response: Corporate customers

Correct answer: Corporate customers

Score: 1 out of 1 Yes

Question 7
Which of the following institutions is not a bank?

Response: IDBI

Correct answer: IDBI

Score: 1 out of 1 Yes

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Question 8
Which of the following is not a function of central bank?

Response: Discounting Bills of exchange

Correct answer: Discounting Bills of exchange

Score: 1 out of 1 Yes

Question 9
Which of the following is not a service provided by retail banks?

Response: Consultancy

Correct answer: Consultancy

Score: 1 out of 1 Yes

Question 10
The retail banks offer loans at ______ or ______ fact to the consumers.

Response: Prime, subprime

Correct answer: Prime, subprime

Score: 1 out of 1 Yes

Question 11
The size and cost of deposits in retail banking is ______ as compared to corporate banking.

Response: Average size of deposit is small and cost of deposit is relatively less

Correct answer: Average size of deposit is small and cost of deposit is relatively less

Score: 1 out of 1 Yes

Question 12
Which of the following is not an advantage/significance of retail banking?

Response: Risk is more

Correct answer: Risk is more

Score: 1 out of 1 Yes

Question 13
Historically banking in the Indian scenario before 1960s was identified with lending to business and corporate clients for ______ and project financing.

Response: Working capital

Correct answer: Working capital

Score: 1 out of 1 Yes

Question 14
The loan values (amount of loan) under retail lending normally range between

Response: ` 20,000 to ` 100 lakhs

Correct answer: ` 20,000 to ` 100 lakhs

Score: 1 out of 1 Yes

Question 15
Although retail banking is, for the most part, mass market driven, many retail banking products may also extend to ______ and ______ sized business.

Response: Small, medium

Correct answer: Small, medium

Score: 1 out of 1 Yes

Question 16
The Minimum amount of a CD should be ______.

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Response: ` 1 lakh

Correct answer: ` 1 lakh

Score: 1 out of 1 Yes

Question 17
CBLO a money market instrument is operated by ______.

Response: Clearing Corporation of India Ltd.

Correct answer: Clearing Corporation of India Ltd.

Score: 1 out of 1 Yes

Question 18
Which of the following is a central bank?

Response: RBI

Correct answer: RBI

Score: 1 out of 1 Yes

Question 19
The traditional forms of banking in the period before 1960s were restricted to clients and satisfy their total banking requirement.

Response: Class

Correct answer: Class

Score: 1 out of 1 Yes

Question 20
Participatory notes are like contract notes issued by ______.

Response: Foreign institutional investors to entities that want to invest in the Indian stock market but do not want to register themselves with the SEBI

Correct answer: Foreign institutional investors to entities that want to invest in the Indian stock market but do not want to register themselves with the SEBI

Score: 1 out of 1 Yes

Question 21
Which of the following is a function of central bank?

Response: Banker to the Government

Correct answer: Banker to the Government

Score: 1 out of 1 Yes

Question 22
Which of the following is the character of corporate bank?

Response: Low returns

Correct answer: Low returns

Score: 1 out of 1 Yes

Question 23
Ticket size of loans in retail banking is ______.

Response: Small

Correct answer: Small

Score: 1 out of 1 Yes

Question 24
Wholesale banking refers to doing banking business with

Response: Industrial and business entities-including government and public sector companies

Correct answer: Industrial and business entities-including government and public sector companies

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Score: 1 out of 1 Yes

Question 25
Which of the following targets to individual segment?

Response: Retail banking

Correct answer: Retail banking

Score: 1 out of 1 Yes

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8/25/24, 9:27 AM 2.5 Banking, Financial Services and Insurance Week - 03 - https://learn.onlinejain.com/student_quiz_assignment/submissions/…
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2.5 Banking, Financial Services and Insurance Week - 03

Corporate Banking

Pre - Lecture Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
Banks implement the RBI’s which of the following policies.

Response: Both a and b

Correct answer: Both a and b

Score: 1 out of 1 Yes

Question 2
The Hire Purchasing Act of ______ governs hire purchase.

Response: 1972

Correct answer: 1972

Score: 1 out of 1 Yes

Question 3
Categories of securities issue is called ______.

Response: All of these

Correct answer: All of these

Score: 1 out of 1 Yes

Question 4
In ______, the State Bank of India launched merchant banking, followed by ICICI in ______.

Response: 1973, 1974

Correct answer: 1973, 1974

Score: 1 out of 1 Yes

Question 5
Equity funding is preferable especially when the project is which of the following?

Response: Capital intensive

Correct answer: Capital intensive

Score: 1 out of 1 Yes

Question 6
The management of issues is a crucial role of ______ and ______.

Response: Merchant banker, lead manager

Correct answer: Merchant banker, lead manager

Score: 1 out of 1 Yes

Question 7
The is credited with the country’s early development of merchant banking.

Response: Foreign Exchange Regulation Act, 1973

Correct answer: Foreign Exchange Regulation Act, 1973

Score: 1 out of 1 Yes

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Question 8
Which of the following has to manage the post-issue activities.

Response: Lead manager

Correct answer: Lead manager

Score: 1 out of 1 Yes

Question 9
The leasing concept was pioneered in India in ______.

Response: 1973

Correct answer: 1973

Score: 1 out of 1 Yes

Question 10
In layman’s terms, the handling of issues by firms to raise capital through various sorts of instruments is known as:

Response: Issue management

Correct answer: Issue management

Score: 1 out of 1 Yes

Question 11
The term ‘Merchant Bank’ is used in which of the following country?

Response: United Kingdom

Correct answer: United Kingdom

Score: 1 out of 1 Yes

Question 12
Merchant bank is an organisation that ______.

Response: All of these

Correct answer: All of these

Score: 1 out of 1 Yes

Question 13
Which of the following is features of leasing.

Response: All of these

Correct answer: All of these

Score: 1 out of 1 Yes

Question 14
______ and ______ must be involved in secondary markets for Treasury Bills.

Response: Brokers, Dealers

Correct answer: Brokers, Dealers

Score: 1 out of 1 Yes

Question 15
Which of the following is developmental activities of merchant banking:

Response: All of these

Correct answer: All of these

Score: 1 out of 1 Yes

Question 16
Which of the following is features of hire purchase

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Response: All of these

Correct answer: All of these

Score: 1 out of 1 Yes

Question 17
Cash management is the process of collecting and ______.

Response: Managing cash flows

Correct answer: Managing cash flows

Score: 1 out of 1 Yes

Question 18
A merchant bank is a financial institution conducting money market activities and:

Response: All of these

Correct answer: All of these

Score: 1 out of 1 Yes

Question 19
Formal merchant banking activity in India was originated in which of the following year?

Response: 1969

Correct answer: 1969

Score: 1 out of 1 Yes

Question 20
Financial services through the network of elements, such as ______, serve the needs of individuals, institutions and Corporate.

Response: All of these

Correct answer: All of these

Score: 1 out of 1 Yes

Question 21
Which of the following is a process by which a demand for the securities proposed to be issued by a body corporate is elicited.

Response: Book building

Correct answer: Book building

Score: 1 out of 1 Yes

Question 22
Which of the following is regarded as the fourth element of the financial system.

Response: Financial services

Correct answer: Financial services

Score: 1 out of 1 Yes

Question 23
In India, merchant banking began with the establishment of the ______ merchant banking section.

Response: Grind lays bank

Correct answer: Grind lays bank

Score: 1 out of 1 Yes

Question 24
Which of the following is a savings and investment corporation.

Response: UTI

Correct answer: UTI

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Score: 1 out of 1 Yes

Question 25
Private placement covers which of the following?

Response: All of these

Correct answer: All of these

Score: 1 out of 1 Yes

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2.5 Banking, Financial Services and Insurance Week - 04

Non-Banking Financial Companies

Pre - Lecture Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
___ does not have Ombudsman office for NBFC.

Response: Hyderabad

Correct answer: Hyderabad

Score: 1 out of 1 Yes

Question 2
What is the aggregate loan limit of a single borrower across all P2Ps under the NBFC– Peer to Peer Lending Platform Directions, 2017 issued by RBI?

Response: ` 10 lakh

Correct answer: ` 10 lakh

Score: 1 out of 1 Yes

Question 3
Consider the following claims about the NBFC Ombudsman Scheme:

i. RBI has the authority to notify such schemes under Section 45L of the RBI Act,
ii. The programme is applicable to NBFCs with a customer interface and assets of one billion rupees or
iii. The scheme is first being implemented in four metro
iv. The scheme is applicable to all NBFCs.

Choose the correct answer from the following options:

Response: Only i., ii. and iii.

Correct answer: Only i., ii. and iii.

Score: 1 out of 1 Yes

Question 4
How many cities are RESIDEX now covering?

Response: 40

Correct answer: 40

Score: 1 out of 1 Yes

Question 5
___ launched the first housing price index ‘RESIDEX’ in India.

Response: NHB

Correct answer: NHB

Score: 1 out of 1 Yes

Question 6
A Non-Banking Financial Company (NBFC) is a company registered under the .

Response: Companies Act, 1956

Correct answer: Companies Act, 1956

Score: 1 out of 1 Yes

Question 7
Which of the following NBFCs is not included in the NBFC Ombudsman scheme?

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Response: Deposit accepting NBFCs

Correct answer: Deposit accepting NBFCs

Score: 1 out of 1 Yes

Question 8
The Reserve Bank of India recently issued guidelines for including the purchaser’s name on the face of a demand draught. These guidelines apply to instruments issued
on or after?

Response: 15th September, 2018

Correct answer: 15th September, 2018

Score: 1 out of 1 Yes

Question 9
Which of the following statements is/are correct?
A. NBFCs do not hold a banking license.
B. NBFC can issue Demand Drafts like banks.

Response: Only A

Correct answer: Only A

Score: 1 out of 1 Yes

Question 10
Who is the appellate authority for addressing complaints under the NBFC Ombudsman scheme?

Response: Deputy Governor

Correct answer: Deputy Governor

Score: 1 out of 1 Yes

Question 11
Which country’s residents are covered by the Foreign Account Tax Compliance Act (FATCA)?

Response: USA

Correct answer: USA

Score: 1 out of 1 Yes

Question 12
___ is the current MD and CEO of National Housing Bank.

Response: Dakshita Das

Correct answer: Dakshita Das

Score: 1 out of 1 Yes

Question 13
When did RESIDEX begin tracking home prices in major cities across the country?

Response: 2007

Correct answer: 2007

Score: 1 out of 1 Yes

Question 14
What is the maximum amount of compensation that the Ombudsman can award to an NBFC?

Response: ` 10 lakh

Correct answer: ` 10 lakh

Score: 1 out of 1 Yes

Question 15
Which of the following activity is not permissible for NBFC?

Response: construction of an immovable property

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Correct answer: construction of an immovable property

Score: 1 out of 1 Yes

Question 16
The National Housing Bank was established as the country’s apex housing finance institution under which act?

Response: National Housing Bank Act, 1987

Correct answer: National Housing Bank Act, 1987

Score: 1 out of 1 Yes

Question 17
Headquarters of National Housing Bank are situated in ___________.

Response: New Delhi

Correct answer: New Delhi

Score: 1 out of 1 Yes

Question 18
Which agency regulates and supervises NBFCs?

Response: RBI

Correct answer: RBI

Score: 1 out of 1 Yes

Question 19
How many working days must the customer notify the bank of the illegal transaction in order for the consumer to be free of liability?

Response: Three

Correct answer: Three

Score: 1 out of 1 Yes

Question 20
IDF-NBFC raises funds by issuing rupee or dollar-denominated bonds with a minimum term of .

Response: Five years

Correct answer: Five years

Score: 1 out of 1 Yes

Question 21
___ regulates the housing finance companies in India.

Response: National Housing Bank

Correct answer: National Housing Bank

Score: 1 out of 1 Yes

Question 22
Who led the high-level group that advocated the formation of the National Housing Bank (NHB)?

Response: Rangarajan

Correct answer: Rangarajan

Score: 1 out of 1 Yes

Question 23
National Housing Bank set up in

Response: 9th July 1987

Correct answer: 9th July 1987

Score: 1 out of 1 Yes

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Question 24
___ is the largest shareholder of National Housing Bank.

Response: Reserve Bank of India

Correct answer: Reserve Bank of India

Score: 1 out of 1 Yes

Question 25
What is the aggregate exposure limit of a single lender to all borrowers at any moment in time, across all P2Ps, under the NBFC– Peer to Peer Lending Platform
Directions, 2017 issued by RBI?

Response: ` 10 lakh

Correct answer: ` 10 lakh

Score: 1 out of 1 Yes

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2.5 Banking, Financial Services and Insurance Week - 05

E-Banking

Pre - Lecture Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
A cheque dated subsequent to the date of its issue is called which of the following?

Response: post-dated cheque

Correct answer: post-dated cheque

Score: 1 out of 1 Yes

Question 2
Which of the following is headed by the committee on Computerisation in Indian banks (1988).

Response: M. Narasimhan.

Correct answer: M. Narasimhan.

Score: 1 out of 1 Yes

Question 3
LIC was set up in which year?

Response: 1956

Correct answer: 1956

Score: 1 out of 1 Yes

Question 4
IFCI has its registered office in where of the following?

Response: Madras

Correct answer: Madras

Score: 1 out of 1 Yes

Question 5
National industrial development corporation Ltd, was established in which year

Response: 1954

Correct answer: 1954

Score: 1 out of 1 Yes

Question 6
The rate at which RBI discounts approved bill of exchange is which of the following.

Response: discount rate

Correct answer: discount rate

Score: 1 out of 1 Yes

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Question 7
Development banks are institutions which of the following

Response: provide emergency loans of banks

Correct answer: provide emergency loans of banks

Score: 1 out of 1 Yes

Question 8
One-rupee notes bear the signature of____________ .

Response: secretary, Ministry of finance (Government of India).

Correct answer: secretary, Ministry of finance (Government of India).

Score: 1 out of 1 Yes

Question 9
Small coin depot is the property of ____________ .

Response: Government of India

Correct answer: Government of India

Score: 1 out of 1 Yes

Question 10
The word that means of word Bank has been derived from a Latin ____________ .

Response: a bench for the keeping, lending and exchanging etc. of money.

Correct answer: a bench for the keeping, lending and exchanging etc. of money.

Score: 1 out of 1 Yes

Question 11
The apex institution in agricultural finance is which of the following.

Response: NABARD

Correct answer: NABARD

Score: 1 out of 1 Yes

Question 12
IFCI was established in which year

Response: 1948

Correct answer: 1948

Score: 1 out of 1 Yes

Question 13
Which of the following is a cheque date before the date of its issue?

Response: ante dated cheque.

Correct answer: ante dated cheque.

Score: 1 out of 1 Yes

Question 14
A company that accepts demand deposit is called which of the following?

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Response: banking company

Correct answer: banking company

Score: 1 out of 1 Yes

Question 15
ICICI was incorporated in which year?

Response: 1955

Correct answer: 1955

Score: 1 out of 1 Yes

Question 16
Which of the following is lien?

Response: method to create charge over customers property

Correct answer: method to create charge over customers property

Score: 1 out of 1 Yes

Question 17
A Banking company whose license is cancelled may appeal to the ____________ .

Response: Central government

Correct answer: Central government

Score: 1 out of 1 Yes

Question 18
A drawer can also be a which of the following?

Response: Payee.

Correct answer: Payee.

Score: 1 out of 1 Yes

Question 19
which of the following RBI grants are for agricultural purposes.

Response: short and medium-term finance only

Correct answer: short and medium-term finance only

Score: 1 out of 1 Yes

Question 20
which of the following controls credit in India?

Response: RBI.

Correct answer: RBI.

Score: 1 out of 1 Yes

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2.5 Banking, Financial Services and Insurance Week - 06

Rural Banking

Pre - Lecture Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
The Majority shareholder in CRISIL is___ .

Response: Standard and Poors’

Correct answer: Standard and Poors’

Score: 1 out of 1 Yes

Question 2
FATCA stands for which of the following?

Response: Foreign Account Tax Compliance Act

Correct answer: Foreign Account Tax Compliance Act

Score: 1 out of 1 Yes

Question 3
The informal sector loans incorporate ___ .

Response: Moneylenders

Correct answer: Moneylenders

Score: 1 out of 1 Yes

Question 4
The formal sources of credit do not comprise of ___ .

Response: Employers

Correct answer: Employers

Score: 1 out of 1 Yes

Question 5
Which of the following banking concepts places a premium on providing low-cost banking services?

Response: Financial Inclusion

Correct answer: Financial Inclusion

Score: 1 out of 1 Yes

Question 6
Which of the following is promoted the concept of Self-Help Groups (SHGs) for financing the poor.

Response: NABARD

Correct answer: NABARD

Score: 1 out of 1 Yes

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Question 7
In India,___ organisations takes care of the agriculture and rural development credit needs.

Response: NABARD

Correct answer: NABARD

Score: 1 out of 1 Yes

Question 8
Which of the following is known as a small loan amount given to low-income households or groups.

Response: Micro credit

Correct answer: Micro credit

Score: 1 out of 1 Yes

Question 9
___ takes the decisions regarding loans and savings in a self-help group (SHG).

Response: Group members

Correct answer: Group members

Score: 1 out of 1 Yes

Question 10
Headquarters of HUDCO is in which city?

Response: New Delhi

Correct answer: New Delhi

Score: 1 out of 1 Yes

Question 11
As per the World Bank Global Findex 2017,______ billion adults remain unbanked globally.

Response: 1.7 billion

Correct answer: 1.7 billion

Score: 1 out of 1 Yes

Question 12
The Triad of Financial Inclusion are Financial Inclusion Policies, Financial Literacy Initiatives and ____ .

Response: Customer Grievance Redressal Framework

Correct answer: Customer Grievance Redressal Framework

Score: 1 out of 1 Yes

Question 13
Which of the following option blocks the poor from getting bank loans?

Response: Absence of collateral

Correct answer: Absence of collateral

Score: 1 out of 1 Yes

Question 14
The first National Strategy for Financial Education covered the period of _______________ .

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8/26/24, 9:15 AM 2.5 Banking, Financial Services and Insurance Week - 06 - https://learn.onlinejain.com/student_quiz_assignment/submissions/…
Response: 2013-2018

Correct answer: 2013-2018

Score: 1 out of 1 Yes

Question 15
Who sponsors Regional Rural Banks?

Response: Nationalised Commercial Bank

Correct answer: Nationalised Commercial Bank

Score: 1 out of 1 Yes

Question 16
Which of the following microfinance institution is known as the Universal Bank?

Response: Bandhan Financial Services Private Ltd.

Correct answer: Bandhan Financial Services Private Ltd.

Score: 1 out of 1 Yes

Question 17
The headquarter of ONICRA is in which city?

Response: Gurugram

Correct answer: Gurugram

Score: 1 out of 1 Yes

Question 18
The Chairman for the Committee on Medium-Term Path to Financial Inclusion, 2015 was .

Response: Deepak Mohanty

Correct answer: Deepak Mohanty

Score: 1 out of 1 Yes

Question 19
The first Indian RRB that achieved Core Banking Solution (CBS) in 2011 is____ .

Response: Rushikulya Gramya Bank (RGB).

Correct answer: Rushikulya Gramya Bank (RGB).

Score: 1 out of 1 Yes

Question 20
As of end-March 2019, there were Financial Literacy Centres (FLCs) operating throughout the country, according to the RBI’s Annual Report
2018-19.

Response: 1,483

Correct answer: 1,483

Score: 1 out of 1 Yes

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2.5 Banking, Financial Services and Insurance Week - 07

Microfinance Practices

Pre - Lecture Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
In the self-help group, the loan and saving decisions are taken by .

Response: Government

Correct answer: Government

Score: 1 out of 1 Yes

Question 2
Pradhan Mantri Suraksha Bima Yojana (PMSBY) Life insurance cover_________ .

Response: Accidental insurance cover

Correct answer: Accidental insurance cover

Score: 1 out of 1 Yes

Question 3
Two basic measures of liquidity are:

Response: Gross Profit ratio and Operating ratio

Correct answer: Gross Profit ratio and Operating ratio

Score: 1 out of 1 Yes

Question 4
Balance sheet is the summary of ___________.

Response: Financial position

Correct answer: Financial position

Score: 1 out of 1 Yes

Question 5
the share of Sponsor Banks in the Regional Rural Banks is ______.

Response: 35%

Correct answer: 35%

Score: 1 out of 1 Yes

Question 6
What is ‘Bank rate’?

Response: The rate at which commercial banks borrow

Correct answer: The rate at which commercial banks borrow

Score: 1 out of 1 Yes

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8/26/24, 9:34 AM 2.5 Banking, Financial Services and Insurance Week - 07 - https://learn.onlinejain.com/student_quiz_assignment/submissions/…

Question 7
Financial statements are the ______________.

Response: a. and b.

Correct answer: a. and b.

Score: 1 out of 1 Yes

Question 8
____________ block the poor from getting bank loans?

Response: Absence of collateral

Correct answer: Absence of collateral

Score: 1 out of 1 Yes

Question 9
The calorie requirement is higher in the rural areas ______________ .

Response: people are engaged in physical labour.

Correct answer: people are engaged in physical labour.

Score: 1 out of 1 Yes

Question 10
The Regional Rural Banks Act was passed in which year?

Response: 1976

Correct answer: 1976

Score: 1 out of 1 Yes

Question 11
_____________ take care of the agriculture and rural development credit’s needs?

Response: NABARD

Correct answer: NABARD

Score: 1 out of 1 Yes

Question 12
Debt equity ratio ascertains soundness of ______________ financial position

Response: long term

Correct answer: long term

Score: 1 out of 1 Yes

Question 13
Services are characterized by all of the following characteristics except for __________ .

Response: Homogeneity

Correct answer: Homogeneity

Score: 1 out of 1 Yes

Question 14
The Financial statement provides accurate and time _________ Which is useful for all.

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8/26/24, 9:34 AM 2.5 Banking, Financial Services and Insurance Week - 07 - https://learn.onlinejain.com/student_quiz_assignment/submissions/…
Response: Financial Information

Correct answer: Financial Information

Score: 1 out of 1 Yes

Question 15
also is known as the Universal Bank?

Response: Bandhan Financial Services Private Ltd.

Correct answer: Bandhan Financial Services Private Ltd.

Score: 1 out of 1 Yes

Question 16
Current Ratio is:

Response: Liquidity Ratio

Correct answer: Liquidity Ratio

Score: 1 out of 1 Yes

Question 17
Which of the following was the first RRB to be set up in India?

Response: Pratham Bank

Correct answer: Pratham Bank

Score: 1 out of 1 Yes

Question 18
Self Help Group involves Which of the following

Response: All of above

Correct answer: All of above

Score: 1 out of 1 Yes

Question 19
Nutritional level of food energy is expressed in the form of which of the following?

Response: calories per day

Correct answer: calories per day

Score: 1 out of 1 Yes

Question 20
EPS helps in determining the______________ of the equity share of the MFI

Response: Earnings per share

Correct answer: Earnings per share

Score: 1 out of 1 Yes

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8/26/24, 9:37 AM 2.5 Banking, Financial Services and Insurance Week - 08 - https://learn.onlinejain.com/student_quiz_assignment/submissions/…
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2.5 Banking, Financial Services and Insurance Week - 08

Fixed Income Securities

Pre - Lecture Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
The regulatory body for the securities market in India is

Response: SEBI

Correct answer: SEBI

Score: 1 out of 1 Yes

Question 2
A worldwide stock market index is which of the following?

Response: FTSE100

Correct answer: FTSE100

Score: 1 out of 1 Yes

Question 3
_______term is defined as a central location for keeping securities on deposit.

Response: depository

Correct answer: depository

Score: 1 out of 1 Yes

Question 4
Lead merchant banker should advise the issuer to enter into _______ with a particular intermediary for the purpose of issue management.

Response: memorandum of understanding

Correct answer: memorandum of understanding

Score: 1 out of 1 Yes

Question 5
In what year did the Nifty begin?

Response: 1996

Correct answer: 1996

Score: 1 out of 1 Yes

Question 6
A minimum net worth of______________ is required of all merchant bankers.

Response: 5crore

Correct answer: 5crore

Score: 1 out of 1 Yes

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Question 7
Any change in flow of funds and the demand of them, is clearly reflected in _______ .

Response: call money market

Correct answer: call money market

Score: 1 out of 1 Yes

Question 8
Which of the following refers to the money market where loans and stocks are traded with a maturity period of more than a year.

Response: Capital market

Correct answer: Capital market

Score: 1 out of 1 Yes

Question 9
In what year did the Securities and Exchange Board of India (SEBI) come into being?

Response: 1988

Correct answer: 1988

Score: 1 out of 1 Yes

Question 10
_______factors is responsible for the Sensex’s fluctuations?

Response: Monetary policy

Correct answer: Monetary policy

Score: 1 out of 1 Yes

Question 11
Which one is apex organisation in the Indian money market?

Response: SBI

Correct answer: SBI

Score: 1 out of 1 Yes

Question 12
Which of the following is a financial middleman who assists in the mobilisation and transfer of capital from those with it to those who require it?

Response: venture capital

Correct answer: venture capital

Score: 1 out of 1 Yes

Question 13
The BSE Sensex includes how many companies?

Response: 30

Correct answer: 30

Score: 1 out of 1 Yes

Question 14
Who is in charge of India’s capital market?

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8/26/24, 9:37 AM 2.5 Banking, Financial Services and Insurance Week - 08 - https://learn.onlinejain.com/student_quiz_assignment/submissions/…
Response: SEBI

Correct answer: SEBI

Score: 1 out of 1 Yes

Question 15
R O C stands for_______.

Response: registrar of companies

Correct answer: registrar of companies

Score: 1 out of 1 Yes

Question 16
Which of the following is not part of a stock exchange?

Response: KPO

Correct answer: KPO

Score: 1 out of 1 Yes

Question 17
Which of the following is not a SEBI objective?

Response: To promote individual businesses

Correct answer: To promote individual businesses

Score: 1 out of 1 Yes

Question 18
_______ is not one of the functions of financial services.

Response: collection of tax

Correct answer: collection of tax

Score: 1 out of 1 Yes

Question 19
Which of the following serves as a link between the sources of ideas and the sources of offence?

Response: venture capital

Correct answer: venture capital

Score: 1 out of 1 Yes

Question 20
Financial service companies exclude_______.

Response: sole proprietorship

Correct answer: sole proprietorship

Score: 1 out of 1 Yes

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Home

2.5 Banking, Financial Services and Insurance Week - 09

Mutual Fund Concepts

Post - Lecture Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
Which of the following is not a limitation of mutual funds?

Response: Professional Management

Correct answer: Professional Management

Score: 1 out of 1 Yes

Question 2
In which year was UTI mutual fund was set up?

Response: 1963

Correct answer: 1963

Score: 1 out of 1 Yes

Question 3
___is a type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities.

Response: Mutual Funds

Correct answer: Mutual Funds

Score: 1 out of 1 Yes

Question 4
_______________ establishes the Mutual Fund in India.

Response: Sponsor

Correct answer: Sponsor

Score: 1 out of 1 Yes

Question 5
_______________ regulates the Mutual fund industry in India.

Response: Securities Exchange Board of India

Correct answer: Securities Exchange Board of India

Score: 1 out of 1 Yes

Question 6
Which of the following Mutual fund company was set up as a joint venture between RBI and Government of India?

Response: SBI MF

Correct answer: UTI MF

Score: 0 out of 1 No
Question 7
__________ schemes not exposed to sudden and large movements of funds.

Response: Close-Ended Funds

Correct answer: Close-Ended Funds

Score: 1 out of 1 Yes

Question 8
The feature of a mutual fund, where it spreads the investment in varied stocks and sectors by pooling the funds of various investors is called as
_____________ .

Response: Diversification

Correct answer: Diversification

Score: 1 out of 1 Yes

Question 9
What is the full form of NAV?

Response: Net Asset Value

Correct answer: Net Asset Value

Score: 1 out of 1 Yes

Question 10
The value of one unit of investment in Mutual fund is called the _______________.

Response: Net Asset Value

Correct answer: Net Asset Value

Score: 1 out of 1 Yes

Question 11
A _______________ is a trust that pools the savings of a number of investors who share common financial goals.

Response: Mutual Funds

Correct answer: Mutual Funds

Score: 1 out of 1 Yes

Question 12
A minimum start-up capital of about _______________ is required for open-ended schemes.

Response: 500 million

Correct answer: 200 million

Score: 0 out of 1 No

Question 13
In India, AMC must be registered with ___________ .

Response: Securities Exchange Board of India

Correct answer: Securities Exchange Board of India

Score: 1 out of 1 Yes

Question 14
What are the reasons for economies of scale to the benefit of mutual funds?

Response: Large volumes of trade

Correct answer: Portfolio diversification

Score: 0 out of 1 No

Question 15
Which of the following was the first player in the mutual fund industry?

Response: UTI MF

Correct answer: UTI MF

Score: 1 out of 1 Yes

Question 16
_______________ are also known as the protectors of the fund and are employed by the fund sponsor.

Response: Trustees

Correct answer: Trustees

Score: 1 out of 1 Yes

Question 17
A minimum start-up capital of about _______________ is required for close-ended schemes.

Response: 100 million

Correct answer: 150 million

Score: 0 out of 1 No

Question 18
Dividend income received from mutual funds in the hands of unit holders is _______________.

Response: Fully Exempt

Correct answer: Fully Exempt

Score: 1 out of 1 Yes

Question 19
Presently, there are _______________ AMC in India.

Response: 44

Correct answer: 44

Score: 1 out of 1 Yes

Question 20
The Mutual fund industry follows which of the following regulation?

Response: SEBI (Mutual fund) regulations 1996

Correct answer: SEBI (Mutual fund) regulations 1996

Score: 1 out of 1 Yes

Home

2.5 Banking, Financial Services and Insurance Week - 10

Insurance Concepts

Pre - Lecture Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
An actuary is expected to_______.

Response: Make a reasonable forecast of the future liabilities of policies

Correct answer: Make a reasonable forecast of the future liabilities of policies

Score: 1 out of 1 Yes

Question 2
Compared to the premium for a whole life plan, the premium for an Endowment plan will be for the same age.

Response: more

Correct answer: more

Score: 1 out of 1 Yes

Question 3
_______intermediaries do not require IRDA’s license/ approval to operate in India.

Response: All the above intermediaries require IRDA’s license/ approval

Correct answer: All the above intermediaries require IRDA’s license/ approval

Score: 1 out of 1 Yes

Question 4
Insurance helps to_______ .

Response: Reduce the financial consequences of adverse situations

Correct answer: Reduce the financial consequences of adverse situations

Score: 1 out of 1 Yes

Question 5
_______is/ are important activities of an organisation’s Accounts Department.

Response: All of the above

Correct answer: All of the above

Score: 1 out of 1 Yes

Question 6
The principle of_______ensures that an insured does not profit by insuring with multiple insurers.

Response: Contribution

Correct answer: Contribution

Score: 1 out of 1 Yes

Question 7
matches closest with ‘Family Floater’.

Response: Health insurance

Correct answer: Health insurance

Score: 1 out of 1 Yes

Question 8
Which of the following may be described as a social device to reduce or eliminate risk of loss to life and property?

Response: insurance

Correct answer: insurance

Score: 1 out of 1 Yes

Question 9
Fidelity Guarantee Policies cover losses due to fraud by_______.

Response: Employees

Correct answer: Employees

Score: 1 out of 1 Yes

Question 10
In insurance, GA stands for_______.

Response: General Average

Correct answer: General Average

Score: 1 out of 1 Yes

Question 11
The term ‘Risk’ includes_______.

Response: All of the above

Correct answer: All of the above

Score: 1 out of 1 Yes

Question 12
A policy where the policyholder makes a one-time payment of premium, is known as_______.

Response: Single premium policy

Correct answer: Single premium policy

Score: 1 out of 1 Yes

Question 13
CTL stands for_______.

Response: Constructive Total Loss

Correct answer: Constructive Total Loss

Score: 1 out of 1 Yes

Question 14
Insurance works on the principle of which of _______.
Response: All of the above

Correct answer: All of the above

Score: 1 out of 1 Yes

Question 15
The principle of average applies when the value is_______in the proposal.

Response: Understated

Correct answer: Understated

Score: 1 out of 1 Yes

Question 16
_______ is an important reason for insurers to sell life insurance policies through agents.

Response: Many people require personalised guidance for selecting the right policy

Correct answer: Many people require personalised guidance for selecting the right policy

Score: 1 out of 1 Yes

Question 17
In cases where a Life Insurance Agent collects the premium from the policyholder and remits it to the insurer’s office, he is acting as an agent of .

Response: the Insurance Company

Correct answer: the Insurance Company

Score: 1 out of 1 Yes

Question 18
The main purpose of having life insurance is_______.

Response: None of the above

Correct answer: None of the above

Score: 1 out of 1 Yes

Question 19
Which of the following statements is correct?

Response: An organisation can exist only with different sections

Correct answer: An organisation can exist only with employees

Score: 0 out of 1 No

Question 20
Which of the statements given below is correct?

Response: Religious beliefs interfere with the purchase of life insurance

Correct answer: Religious beliefs interfere with the purchase of life insurance

Score: 1 out of 1 Yes

Home

2.5 Banking, Financial Services and Insurance Week - 11

Life & General Insurance Products

Pre - Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
As the age increases the risk on the life, which of the following?

Response: Increases.

Correct answer: Increases.

Score: 1 out of 1 Yes

Question 2
What are with-profit policies?

Response: Policies under which bonus is paid.

Correct answer: Policies under which bonus is paid.

Score: 1 out of 1 Yes

Question 3
Master policy is issued for:

Response: group insurance schemes

Correct answer: group insurance schemes

Score: 1 out of 1 Yes

Question 4
Brokers Association of India was granted recognition by IRDA on which of the following?

Response: Dec 11, 2002.

Correct answer: Dec 11, 2001.

Score: 0 out of 1 No

Question 5
Which of the following is floating policy?

Response: A policy that covers stocks located in various godowns under a single policy

Correct answer: A policy that covers stocks located in various godowns under a single policy

Score: 1 out of 1 Yes

Question 6
For the introduction of a group scheme, we need which of the following?

Response: homogeneous group

Correct answer: homogeneous group

Score: 1 out of 1 Yes

Question 7
In case a business firm sets up a private fund to pay out the losses if happens, then that is called as which of the following?

Response: Self-insurance

Correct answer: Self-insurance

Score: 1 out of 1 Yes

Question 8
For settlement of claims, Insurer requires proper knowledge of which of the following?

Response: Law, principles, practice of insurance, terms and conditions of policies, extensions and modifications.

Correct answer: Law, principles, practice of insurance, terms and conditions of policies, extensions and modifications.

Score: 1 out of 1 Yes

Question 9
The burden of proof of the loss within the scope of the policy is upon which of the following?

Response: Insured.

Correct answer: Insured.

Score: 1 out of 1 Yes

Question 10
Claim forms are not compulsorily used in which of the following?

Response: fidelity guarantees

Correct answer: marine cargo

Score: 0 out of 1 No

Question 11
The whole-life plans in India_______.

Response: pay death benefits only whenever it occurs.

Correct answer: pay death benefits only whenever it occurs.

Score: 1 out of 1 Yes

Question 12
The expenses which do not vary with the amount of business written are called which of the following?

Response: Overhead expenses.

Correct answer: Overhead expenses.

Score: 1 out of 1 Yes

Question 13
The doctrine of Caveat Emptor governs which of the following?

Response: All general insurance contracts

Correct answer: Commercial contracts

Score: 0 out of 1 No

Question 14
If the interest rates in the market are higher, then cost of insurance which of the following?
Response: Increases.

Correct answer: Decreases.

Score: 0 out of 1 No

Question 15
Valuation in life insurance:

Response: the process by which the value of all the existing policies is ascertained in a life insurance company.

Correct answer: the process by which the value of all the existing policies is ascertained in a life insurance company.

Score: 1 out of 1 Yes

Question 16
Which of the following group insurance is ideally suited for covering ?

Response: both (2) and (3)

Correct answer: both (2) and (3)

Score: 1 out of 1 Yes

Question 17
Notification of Alteration in Risk is a condition:

Response: precedent to liability

Correct answer: subsequent to the contract

Score: 0 out of 1 No

Question 18
Name the Indian insurance organisation which for the first time started charging normal rates of premium on Indian which of the following?

Response: Bombay Mutual Life Assurance Society

Correct answer: Bombay Mutual Life Assurance Society

Score: 1 out of 1 Yes

Question 19
When a breadwinner dies, the family suffers losses: one is the loss of human life, and the other is which of the following?

Response: earning power of family

Correct answer: earning power of family

Score: 1 out of 1 Yes

Question 20
In the following ways, insurance contributes to the country’s economic development.

Response: All of these

Correct answer: All of these

Score: 1 out of 1 Yes

Home

2.5 Banking, Financial Services and Insurance Week - 12

Reinsurance and Underwriting

Pre - Lecture Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
Which of the following terms is not used in the world of finance, banking and insurance?

Response: Amnesty

Correct answer: Amnesty

Score: 1 out of 1 Yes

Question 2
Which of the following types of companies/organisations issue ULIP?

Response: Insurance companies

Correct answer: Insurance companies

Score: 1 out of 1 Yes

Question 3
Foreign exchange reserves of India are kept in the custody of which of the following?

Response: Reserve bank of India

Correct answer: Reserve bank of India

Score: 1 out of 1 Yes

Question 4
Which of the following is the regulator of insurance sector in India?

Response: IRDA

Correct answer: IRDA

Score: 1 out of 1 Yes

Question 5
Which of the following is the only public sector company in the field of life insurance?

Response: Life Insurance Corporation of India

Correct answer: Life Insurance Corporation of India

Score: 1 out of 1 Yes

Question 6
Which of the following terms is NOT related to the insurance sector?

Response: Misuse Alert

Correct answer: Misuse Alert

Score: 1 out of 1 Yes

Question 7
A missing person is considered to be dead after how many years of missing?

Response: 7 years

Correct answer: 7 years

Score: 1 out of 1 Yes

Question 8
The Non Government organisations(NGO) help the insurance industry mainly in:

Response: Linking buyers and sellers

Correct answer: Linking buyers and sellers

Score: 1 out of 1 Yes

Question 9
With which of the fields is actuarial science associated?

Response: Insurance

Correct answer: Insurance

Score: 1 out of 1 Yes

Question 10
Expand the term CCEA as used in administrative circles.

Response: Cabinet Committee on Economic Affairs

Correct answer: Cabinet Committee on Economic Affairs

Score: 1 out of 1 Yes

Question 11
Which of the following insurance companies gives the slogan Prithvi, Agni, Jal, Akash - Sab ki Surakhsa Hamare Paas?

Response: Oriental Insurance Company

Correct answer: Oriental Insurance Company

Score: 1 out of 1 Yes

Question 12
Which of the following was the parent company of New India Assurance ?

Response: GIC

Correct answer: GIC

Score: 1 out of 1 Yes

Question 13
What does the term FSDC used in financial sectors stand for?

Response: Financial Stability and Development Council

Correct answer: Financial Stability and Development Council

Score: 1 out of 1 Yes

Home

2.5 Banking, Financial Services and Insurance Week - 13

Bancassurance

Pre - Lecture Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
Name the authority from which insurance brokers have to obtain licence before carrying out any insurance related business?

Response: IRDA

Correct answer: IRDA

Score: 1 out of 1 Yes

Question 2
The first insurance company was started in India in which year?

Response: 1818

Correct answer: 1818

Score: 1 out of 1 Yes

Question 3
How many Insurance Ombudsman offices are there in India?

Response: 17

Correct answer: 17

Score: 1 out of 1 Yes

Question 4
What is the minimum capital required to set up an insurance company in India?

Response: ` 100 crore

Correct answer: ` 100 crore

Score: 1 out of 1 Yes

Question 5
Under which of the following section of income tax act, the tax benefit of life insurance is covered?

Response: Section 80C

Correct answer: Section 80C

Score: 1 out of 1 Yes

Question 6
IRDA was established in which of the following year?

Response: 2000

Correct answer: 1999

Score: 0 out of 1 No
Question 7
FDI in insurance sector is has been hiked to which of the following?

Response: 74%

Correct answer: 74%

Score: 1 out of 1 Yes

Question 8
How many life and non-life insurance companies are there in India?

Response: 63

Correct answer: 58

Score: 0 out of 1 No

Question 9
Under which of the following section of income tax act, the tax benefit of health insurance is covered?

Response: Section 80D

Correct answer: Section 80D

Score: 1 out of 1 Yes

Question 10
Which of the following is not a principle governing insurance contract?

Response: Principle of Profit

Correct answer: Principle of Profit

Score: 1 out of 1 Yes

Question 11
The selling of insurance products through banks is called which of the following?

Response: Bancassurance

Correct answer: Bancassurance

Score: 1 out of 1 Yes

Question 12
Which section of banking regulation act recognises insurance as a permissible form of business by banks?

Response: Section 4(1)(e)

Correct answer: Section 6(1)(o)

Score: 0 out of 1 No

Question 13
What is the maximum value of a claim up to which an insurance ombudsman can redress a customer grievance?

Response: ` 30 lacs

Correct answer: ` 30 lacs

Score: 1 out of 1 Yes

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2.5 Banking, Financial Services and Insurance Week - 14

Marketing of Financial Services

Pre - Lecture Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
Which of the following is not an element of People?

Response: Flow of activities

Correct answer: Flow of activities

Score: 1 out of 1 Yes

Question 2
_________ is not a tangible dominant?

Response: Investment Management

Correct answer: Investment Management

Score: 1 out of 1 Yes

Question 3
SSTs stand for _________.

Response: Self Service Technologies

Correct answer: Self Service Technologies

Score: 1 out of 1 Yes

Question 4
Which of the following country having maximum percent of GDP attributed to services.

Response: United States

Correct answer: United States

Score: 1 out of 1 Yes

Question 5
_________is difficult to evaluate.

Response: Auto repair

Correct answer: Auto repair

Score: 1 out of 1 Yes

Question 6
According to India Brand Equity Foundation, India’s average Gross Value Added (GVA) as a % of total GVA for FY 2018 & FY 2019 is which of
the following?

Response: 50-55%

Correct answer: 50-55%

Score: 1 out of 1 Yes

Question 7
Evaluation of Medical Diagnosis service mainly depends on which of the following?

Response: High in credence quality

Correct answer: High in credence quality

Score: 1 out of 1 Yes

Question 8
Which of the following is not an element of physical evidence.

Response: Employee Training

Correct answer: Employee Training

Score: 1 out of 1 Yes

Question 9
Which of the following is the difference between customer expectations and perceptions.

Response: Customer Gap

Correct answer: Customer Gap

Score: 1 out of 1 Yes

Question 10
Which of the following can be characterised as pure service.

Response: There’s no such thing as a pure service

Correct answer: There’s no such thing as a pure service

Score: 1 out of 1 Yes

Home

2.5 Banking, Financial Services and Insurance Week - 15

Ethics, Professionalism and Corporate Governance

Pre - Lecture Assessment (Q3)

Submissions
Here are your latest answers:

Question 1
An organisation’s obligation to act to protect and improve society’s welfare as well as its own interests is referred to as which of the following?

Response: organisational social responsibility

Correct answer: organisational social responsibility

Score: 1 out of 1 Yes

Question 2
The internal audit function is least effective when the department

Response: Is non-independent

Correct answer: Is non-independent

Score: 1 out of 1 Yes

Question 3
__________is not part of the definition of an asset?

Response: During the accounting period.

Correct answer: During the accounting period.

Score: 1 out of 1 Yes

Question 4
The four types of social responsibility include which of the following?

Response: Legal, philanthropic, economic, and ethical

Correct answer: Legal, philanthropic, economic, and ethical

Score: 1 out of 1 Yes

Question 5
__________ are the principles of ethics in business?

Response: All of these

Correct answer: All of these

Score: 1 out of 1 Yes

Question 6
A board that is elected in a classified system is known as which of the following?

Response: Staggered board

Correct answer: Diversified board

Score: 0 out of 1 No
Question 7
The social economy partnership philosophy emphasises:

Response: Cooperation and assistance

Correct answer: Cooperation and assistance

Score: 1 out of 1 Yes

Question 8
A (n) is a problem, situation, or opportunity requiring an individual, group, or organisation to choose among several actions that must be evaluated
as right or wrong.

Response: ethical issue

Correct answer: ethical issue

Score: 1 out of 1 Yes

Question 9
__________is the principles of ethics in business?

Response: All of these

Correct answer: All of these

Score: 1 out of 1 Yes

Question 10
The primary stakeholders are which of the following?

Response: Shareholders

Correct answer: Shareholders

Score: 1 out of 1 Yes

Question 11
__________is not a driver of responsible competitiveness?

Response: Social enablers

Correct answer: Social enablers

Score: 1 out of 1 Yes

Question 12
__________regarding corporate governance is correct?

Response: The aim of corporate governance is to protect the interests of shareholders and the local economies.

Correct answer: Corporate governance can temper growth.

Score: 0 out of 1 No

Question 13
The hand-of-government refers to which of the following?

Response: Ability of the government to interfere in business negotiations

Correct answer: Role of corporations to be profitable within the law

Score: 0 out of 1 No

Question 14
The first step in the auditing process should be to secure the commitment of:

Response: Top executives and directors

Correct answer: Top executives and directors

Score: 1 out of 1 Yes

Question 15
Atmospheric issues include all of the following except which of the following?

Response: Water quantity

Correct answer: Water quantity

Score: 1 out of 1 Yes

Question 16
A stakeholder orientation includes all of the following activities except which of the following?

Response: minimising the influence of stakeholder information on the firm

Correct answer: minimising the influence of stakeholder information on the firm

Score: 1 out of 1 Yes

Question 17
A high-commitment approach to environmental issues may include all of the following except:

Response: green-washing

Correct answer: green-washing

Score: 1 out of 1 Yes

Question 18
__________relating to CSR theories is correct.

Response: Social contract is the key concept of legitimacy theory.

Correct answer: Social contract is the key concept of legitimacy theory.

Score: 1 out of 1 Yes

Question 19
An organisation’s appropriate tone at the top promoting ethical conduct is an example of which of the following?

Response: Ethics incentives

Correct answer: Ethical behaviour

Score: 0 out of 1 No

Question 20
An independent director is one who:

Response: All of the above.

Correct answer: Does not have any other relationships with the company other than his or her directorship.

Score: 0 out of 1 No