All Courses
Get the App Signup / Login
Sign in Open App
B Com Exam  >  B Com Tests  >  Financial Markets and Institutions  >  Test: Financial Institutions - 2 - B Com MCQ

Test: Financial Institutions - 2 - B Com MCQ


Test Description

10 Questions MCQ Test Financial Markets and Institutions - Test: Financial Institutions - 2

Test: Financial Institutions - 2 for B Com 2024 is part of Financial Markets and Institutions preparation. The Test: Financial Institutions - 2 questions and answers have been prepared according to the B Com exam syllabus.The Test: Financial Institutions - 2 MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Financial Institutions - 2 below.
Solutions of Test: Financial Institutions - 2 questions in English are available as part of our Financial Markets and Institutions for B Com & Test: Financial Institutions - 2 solutions in Hindi for Financial Markets and Institutions course. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free. Attempt Test: Financial Institutions - 2 | 10 questions in 10 minutes | Mock test for B Com preparation | Free important questions MCQ to study Financial Markets and Institutions for B Com Exam | Download free PDF with solutions
Test: Financial Institutions - 2 - Question 1
Save

According to the text, what is the role of a portfolio manager?

Detailed Solution for Test: Financial Institutions - 2 - Question 1
A portfolio manager plays a pivotal role in helping individuals invest in the best available investment plans. They consider factors such as income, age, and risk tolerance to determine the most suitable investment options for their clients. Their goal is to maximize returns and help individuals secure their financial future.
Test: Financial Institutions - 2 - Question 2
Save

What is one responsibility of a portfolio manager mentioned in the text?

Detailed Solution for Test: Financial Institutions - 2 - Question 2
One responsibility of a portfolio manager is to stay informed about the latest changes in the financial market. This allows them to suggest the best investment plans to their clients, considering the risks and potential returns. By staying updated, they can provide valuable insights and guidance to help their clients make informed investment decisions.
1 Crore+ students have signed up on EduRev. Have you? Download the App
Test: Financial Institutions - 2 - Question 3
Save

Why is it important for a portfolio manager to design customized investment solutions for clients?

Detailed Solution for Test: Financial Institutions - 2 - Question 3
Designing customized investment solutions is crucial for a portfolio manager because it allows them to tailor the investments to the specific needs and goals of their clients. By understanding their clients' financial situation and risk tolerance, they can recommend investment plans that offer the right balance of risks and returns. This personalized approach helps to minimize risks and maximize the potential for returns.
Test: Financial Institutions - 2 - Question 4
Save
What should a portfolio manager do to maintain a long-term relationship with their clients?
Detailed Solution for Test: Financial Institutions - 2 - Question 4
To maintain a long-term relationship with clients, a portfolio manager should be patient and accessible. They should be willing to address their clients' concerns and queries, taking the time to explain investment plans, risks, and benefits. By being responsive and attentive, portfolio managers can build trust and ensure their clients feel supported in their investment journey.
Test: Financial Institutions - 2 - Question 5
Save
What is one major challenge faced by investment banks in renovating their technology?
Detailed Solution for Test: Financial Institutions - 2 - Question 5
One major challenge faced by investment banks in renovating their technology is dealing with legacy applications and outdated infrastructure. These banks often rely on monolithic systems that are inflexible and not suited for the demands of modern technology. Upgrading or replacing these legacy systems can be costly and time-consuming, hindering the banks' ability to innovate and keep up with market demands.
Test: Financial Institutions - 2 - Question 6
Save
According to the text, what are some challenges faced by investment banks in the US?
Detailed Solution for Test: Financial Institutions - 2 - Question 6
Investment banks in the US face challenges such as the burden of regulation and pressures on margins. Despite promises of reduced taxes and lighter regulation, the costs of compliance and IT infrastructure put a strain on profitability. The constant changes in regulations and the need for transparency increase the challenges faced by investment banks in maintaining profitability and adapting to market conditions.
Test: Financial Institutions - 2 - Question 7
Save
According to the text, how can blockchain technology benefit investment banks?
Detailed Solution for Test: Financial Institutions - 2 - Question 7
Blockchain technology has the potential to reduce compliance costs for investment banks. By providing a distributed record of transactions that does not require approval from a central authority, blockchain technology can simplify auditing processes and eliminate the need for data reconciliation. This can significantly reduce the resources and costs associated with compliance, allowing investment banks to allocate their funds more efficiently.
Test: Financial Institutions - 2 - Question 8
Save
What is one way investment banks can use big data for business value?
Detailed Solution for Test: Financial Institutions - 2 - Question 8
Investment banks can use big data to increase their knowledge of customer behaviors. By analyzing large amounts of data, they can gain insights into customer preferences, needs, and patterns. This information can help banks effectively up-sell and cross-sell products and services to their customers, improving their overall business performance and competitiveness.
Test: Financial Institutions - 2 - Question 9
Save
What are some internal barriers to change faced by investment banks?
Detailed Solution for Test: Financial Institutions - 2 - Question 9
Investment banks face internal barriers to change, including siloed and divided systems, a lack of skills, and cultural inertia. The presence of multiple IT systems across different departments and regions can create complexity and hinder innovation. Additionally, the lack of necessary skills and expertise, combined with a resistance to change, can further impede the implementation of new technologies and processes.
Test: Financial Institutions - 2 - Question 10
Save
What is one market threat faced by investment banks?
Detailed Solution for Test: Financial Institutions - 2 - Question 10
One market threat faced by investment banks is the disruption caused by fintech companies. Fintech companies, with their agility and innovative approaches, pose a significant threat to traditional investment banks. These smaller companies, often born in the cloud, have lower regulatory thresholds and can quickly adapt to market changes, competing with larger banks on the basis of agility and customer-centric solutions. Investment banks must be prepared to adapt and embrace the digital ecosystem to remain competitive.
52 docs|13 tests
Join Course
Information about Test: Financial Institutions - 2 Page
In this test you can find the Exam questions for Test: Financial Institutions - 2 solved & explained in the simplest way possible. Besides giving Questions and answers for Test: Financial Institutions - 2, EduRev gives you an ample number of Online tests for practice
Download as PDF

Important Questions for Financial Institutions - 2

Find all the important questions for Financial Institutions - 2 at EduRev.Get fully prepared for Financial Institutions - 2 with EduRev's comprehensive question bank and test resources. Our platform offers a diverse range of question papers covering various topics within the Financial Institutions - 2 syllabus. Whether you need to review specific subjects or assess your overall readiness, EduRev has you covered. The questions are designed to challenge you and help you gain confidence in tackling the actual exam. Maximize your chances of success by utilizing EduRev's extensive collection of Financial Institutions - 2 resources.

Financial Institutions - 2 MCQs with Answers

Prepare for the Financial Institutions - 2 within the B Com exam with comprehensive MCQs and answers at EduRev. Our platform offers a wide range of practice papers, question papers, and mock tests to familiarize you with the exam pattern and syllabus. Access the best books, study materials, and notes curated by toppers to enhance your preparation. Stay updated with the exam date and receive expert preparation tips and paper analysis. Visit EduRev's official website today and access a wealth of videos and coaching resources to excel in your exam.

Online Tests for Financial Institutions - 2 Financial Markets and Institutions

Practice with a wide array of question papers that follow the exam pattern and syllabus. Our platform offers a user-friendly interface, allowing you to track your progress and identify areas for improvement. Access detailed solutions and explanations for each test to enhance your understanding of concepts. With EduRev's Online Tests, you can build confidence, boost your performance, and ace Financial Institutions - 2 with ease. Join thousands of successful students who have benefited from our trusted online resources.
© EduRev
Education Revolution
Follow Us
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup