UGC NET JRF Commerce PYQP 2025 June – Banking and Financial Institutions

1. An unsecured short term promissory note, negotiable and transferable by endorsement and delivery with a fixed maturity period, issued at a discount by creditworthy corporates, primary dealers and all-India financial institutions is known as:
   (a) Treasury Bill
   (b) Commercial Paper
   (c) Certificates of Deposit
   (d) Repo
2. In which of the following year Investor Protection and Education Fund Regulations was issued by the Securities and Exchange Board of India?
   (a) 1992
   (b) 1999
   (c) 2003
   (d) 2009
3. Match the LIST-I with LIST-II
   List-I
   A. Nostro Account
   B. Vostro Account
   C. Bid
   D. Offer
   List-II
   I. Account held by a foreign bank with a local bank
   II. An Indian Bank’s Swiss Franc A/C with a bank in Switzerland.
   III. Price at which the dealer is willing to buy another currency.
   IV. Price at which the dealer is willing to sell another currency.
   Choose the correct answer from the options given below:
   (a) A-I, B-II, C-III, D-IV (b) A-II, B-I, C-III, D-IV
   (c) A-III, B-II, C-IV, D-I (d) A-IV, B-III, C-I, D-II
4. The State Bank of India came into existence in the year:
   (a) 1947
   (b) 1950
   (c) 1955
   (d) 1969
5. Arrange the following Development Financial Institution in chronological order of their establishment (Old to New)
   A. IFCI
   B. IDBI
   C. NABARD
   D. SIDBIChoose the correct answer from the options given below:
   (a) A, B, C, D
   (b) B, A, C, D
   (c) C, D, A, B
   (d) D, C, B, A
6. Arrange the following in chronological order of the Milestone achieved by the National Stock Exchange of India
   A. Commencement of Trading in Index options
   B. Launch of securities Lending and Borrowing Scheme
   C. Commencement of Derivatives Trading in Index Futures
   D. Launch of Mutual Fund Service System
   E. Launch of S & P CNX Nifty
   Choose the correct answer from the options given below:
   (a) B, D, E, A, C
   (b) A, C, E, B, D
   (c) E, A, C, D, B
   (d) E, C, A, B, D
7. A term loan becomes Non-Performing Asset (NPA) if its interest and/or installment of principal remains overdue for a period of more than:
   (a) 30 days
   (b) 60 days
   (c) 75 days
   (d) 90 days

Answer Key