-
question_answer1)
As reported in the newspapers, China has asked its banks to put 12.5% money instead of earlier 12% as CRR. This correction in CRR has been made for the seventh time in past one year. Why did China have to take this step again and again and so frequently? [OBC 2008]
[a] It will put a curb on lending of money by the banks. |
[b] It will help Govt of China to tame the rate of inflation. |
[c] It will help the poor to get easy loans at cheaper rates from the banks as higher CRR brings more money for activities of the social sector. |
A)
Only [a] is correct done
clear
B)
Only [b] is correct done
clear
C)
All [a], [b] and [c] are correct done
clear
D)
Only [c] is correct done
clear
E)
Both [a] and [b] are correct done
clear
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question_answer2)
Which of the following organisations / agencies has asked all the banks in India to form customer service panels at branch levels? [OBC 2008]
A)
Indian Banks Association done
clear
B)
Reserve Bank of India (RBI) done
clear
C)
Supreme Court of India done
clear
D)
Securities & Exchange Board of India (SEBI) done
clear
E)
None of these done
clear
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question_answer3)
As we all know Securities & Exchange Board of India (SEBI) has taken some corrective steps to restrict functioning of Participatory Notes (P-Notes) in Indian Stock Markets. Why P-Notes are considered dangerous for the financial markets of a country? [OBC 2008]
[a] This allows a foreign investor to invest funds without knowing the history/ financial health of a company. If the company fails foreign investors lose their money. Govt of India does not want this as this will bring a bad name to the country. |
[b] P-Notes allow foreign investors to buy shares of blue chip companies without following Konw Your Customer (KYC) norms. Hence money invested here may not be from a valid and legal source. |
[c] P-Notes are launched to arrange funds only for social schemes. Due to huge funds available with NRIs for investment they are sending it in bulk. Hence the cost of such investments is very high and it is not commercially viable for banks to accept such investments. |
A)
Only [a] is correct done
clear
B)
Only [b] is correct done
clear
C)
Only [c] is correct done
clear
D)
Both [a] and [b] are correct done
clear
E)
None of these done
clear
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question_answer4)
In the recent times the RBI and the Securities & Exchange Board of India (SEBI) have taken various steps to control the flow of capital in India economy. Which of the following is/are NOT included in this/ these step(s)? [BOM 2008]
[a] Guidelines have been issued to restrict unregulated overseas investors through "P-notes". |
[b] Rs. 60,000 crore out of this fund is being provided to waive the loans on farmers. |
[c] Borrowers raising external commercial borrowings of over $20 million would have to park the proceeds overseas for use as foreign currency expenditure. |
A)
Only [a] done
clear
B)
Only [b] done
clear
C)
Only [c] done
clear
D)
Both [a] & [c] done
clear
E)
All [a], [b] & [c] done
clear
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question_answer5)
The Reserve Bank of India issues coins and notes of various denominations. At present RBI does not issue coins of which of the following denominations? [Vijaya Bank 2008]
A)
10 paise done
clear
B)
20 paise done
clear
C)
25 paise done
clear
D)
50 paise done
clear
E)
1.00 Rupee done
clear
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question_answer6)
As we read every now and then, the Monetary and Credit Policy is reviewed and changes/corrections are made frequently. Who amongst the following exactly takes this decision in India? [Vijaya Bank 2008]
A)
Deputy Chairman, Planning Commission done
clear
B)
Prime Minister done
clear
C)
Finance Minster done
clear
D)
Chairman, Finance Commission done
clear
E)
None of these done
clear
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question_answer7)
We often see the names of two personalities in newspapers/magazines/electronic media. These names are Dr. C Rangarajan and Dr Bimal Jalan. In their lives, one thing in common. That is [Vijaya Bank 2008]
A)
Both are the chief economic advisors to Prime Minister of India. done
clear
B)
Both are Members of Parliament. done
clear
C)
Both are former Governors of RBI. done
clear
D)
Both were Finance Ministers of India. done
clear
E)
There is nothing common in both. done
clear
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question_answer8)
Which of the following organisations is known as the market regulator in India? [BOI 2008]
A)
IBA done
clear
B)
SEBI done
clear
C)
AMFI done
clear
D)
NSDL done
clear
E)
None of these done
clear
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question_answer9)
The Reserve Bank of India keeps on changing various ratios/rates frequently. Why is this done? [BOI 2008]
[a] To keep inflation under control |
[b] To ensure that Indian Rupee does not lose its market value |
[c] To ensure that banks do not earn huge profits at the cost of public money. |
A)
Only [a] done
clear
B)
Only [b] done
clear
C)
Only [c] done
clear
D)
All [a], [b] & [c] done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer10)
As reported in various newspapers many banks have revised their interest rates on home loans, car loans and other such loans. Which of the following phenomenon prompted these banks to make such an upward revision in their interest rates? [UBOI 2008]
[1] RBI has revised the CRR and other such rates upward, which has created a liquidity crunch in the market. |
[2] Stock markets in the country are showing very high fluctuations as visible through their indexes. As a result banks have lost a huge amount of money in trading. Banks now want .to recover that money by increasing their interest rates. |
[3] Banks are in need of a huge amount of money, as they have to give revised pay to all its employees. |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Only (3) done
clear
D)
All (1), (2) & (3) done
clear
E)
None of these done
clear
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question_answer11)
Very often we read in the newspapers about various measures taken up to control the flow of the capital in the Indian markets. Who amongst the following is/are the regulators who can control the flow of the same in India? [UBOI 2008]
[a] Indian Bank's Association |
[b] RBI |
[c] SEBI |
A)
Only [a] done
clear
B)
Only [b] done
clear
C)
Only [c] done
clear
D)
Both [b] & [c] done
clear
E)
Both [a] & [b] done
clear
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question_answer12)
Many times we read a term "Hot Money" in newspapers. What is/are the characteristics of Hot money? [UBOI 2008]
[a] The term is used for fresh currency notes issued by the RBI. |
[b] It is the fund which flows in the market to take advantage of high interest rates. |
[c] It is the fund which is thrown in the market to create imbalance in the stock markets. |
A)
Only [a] done
clear
B)
Only [b] done
clear
C)
Only [c] done
clear
D)
All [a], [b] & [c] done
clear
E)
None of these done
clear
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question_answer13)
RBI's open market operation transactions are carried out with a veiw to regulate [BOB 2008]
A)
Liquidity in the economy done
clear
B)
Prices of essential commodities done
clear
C)
Inflation done
clear
D)
Borrowing power of the banks done
clear
E)
All the above done
clear
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question_answer14)
Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy, means [BOB 2008]
A)
Sale or purchase of Govt. securities done
clear
B)
Issuance of different types of bonds done
clear
C)
Auction of gold done
clear
D)
To make available direct finance to borrowers done
clear
E)
None of these done
clear
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question_answer15)
The bank rate means [BOB 2008]
A)
Rate of interest charged by commercial banks from borrowers done
clear
B)
Rate of interest at which commercial banks discounted bills of their borrowers done
clear
C)
Rate of interest allowed by commercial banks on their deposits done
clear
D)
Rate at which RBI purchases or rediscounts bills of exchange of commercial banks done
clear
E)
None of these done
clear
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question_answer16)
The stance of RBI monetary policy is [BOB 2008]
A)
inflation control with adequate liquidity for growth done
clear
B)
improving credit quality of the Banks done
clear
C)
strengthening credit delivery mechanism done
clear
D)
supporting investment demand m the economy done
clear
E)
Any of the above done
clear
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question_answer17)
Capital Market Regulator is [BOB 2008]
A)
RBI done
clear
B)
IRDA done
clear
C)
NSE done
clear
D)
BSE done
clear
E)
SEBI done
clear
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question_answer18)
Which of the following is the regulator of the credit rating agencies in India? [BOB 2008]
A)
RBI done
clear
B)
SBI done
clear
C)
SIDBI done
clear
D)
SEBI done
clear
E)
None of these done
clear
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question_answer19)
The recent decisions of the RBI to cut Cash Reserve Ratio (CRR) by 150 basis points (October 2008) will be able to infuse how much liquidity into the market? [OBC 2008]
A)
Rs. 10,000 crores done
clear
B)
Rs. 30,000 crores done
clear
C)
Rs. 40,000 crores done
clear
D)
Rs. 50,000 crores done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer20)
Whenever RBI does some Open Market Operation Transactions, actually it wishes to regulate which of the following? [IOB 2008]
A)
Inflation only done
clear
B)
Liquidity in economy done
clear
C)
Borrowing powers of the banks done
clear
D)
Flow of Foreign Direct Investments done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer21)
Which of the following financial product are NOT much popular in India as they have been launched only recently? [IOB 2008]
A)
Development Bonds done
clear
B)
Insurance Policies done
clear
C)
Mutual funds done
clear
D)
Sovereign Wealth Funds done
clear
E)
All are very popular products in India. done
clear
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question_answer22)
Which of the following policies of the financial sectors is basically designed to transfer local financial assets into foreign financial assets freely and at market determined exchange rates? Policy of [IOB 2008]
A)
Capital Account Convertibility done
clear
B)
Financial Deficit Management done
clear
C)
Minimum Support Price done
clear
D)
Restrictive Trade practices done
clear
E)
None of these done
clear
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question_answer23)
A customer wishes to purchase some US dollars in India. He/she should go to [IOB 2008]
A)
Public Debt Division of the RBI only done
clear
B)
American Express Bank Only done
clear
C)
RBI or any branch of a bank which is authorized for such business done
clear
D)
Ministry of Foreign Affairs done
clear
E)
None of these done
clear
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question_answer24)
What is the Statutory Liquidity Ratio (SLR) at present? [IOB 2008]
A)
14% done
clear
B)
18% done
clear
C)
20% done
clear
D)
24% done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer25)
An agreement, which in fact is a contract, between the RBI and Banks for the sale and repurchase of Govt securities and short-term treasury bills at a future date and for which the RBI indicates "the interest rate", is generally known as [RBI 2009]
A)
Repo Rate done
clear
B)
Bank Rate done
clear
C)
Reverse Repo Rate done
clear
D)
Prime Lending Rate done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer26)
As per the reports in various newspapers many private companies are trying to obtain the licences to launch a banking company in India. Which of the following organisations/agencies issue the licence for the same? [Corporation Bank 2009]
A)
Securities & Exchange Board of India (SEBI) done
clear
B)
Indian Institute of Banking & Finance (IIBF) done
clear
C)
Reserve Bank of India (RBI) done
clear
D)
Registrar of Companies done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer27)
As per the Reserve Bank of India (RBI), the economic conditions in India are not yet suitable for full convertibility of Rupee. At present Rupee is convertible at which of the following accounts? [Indian Bank 2010]
[a] Fully at Capital Account |
[b] Fully at Current Account |
[c] Partially at Trade Account |
A)
Only [a] done
clear
B)
Only [b] done
clear
C)
Only [c] done
clear
D)
Only [a] & [c] done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer28)
As per the news published in major newspapers, the Reserve Bank of India (RBI) raised Statutory Liquidity Ratio (SLR) by 100 basis points to 25%. What was/were the reason(s) owing to which RBI raised the SLR? [Indian Bank 2010]
[a] It will help in reducing liquidity in the market. |
[b] Inflation will come down substantially. |
[c] It will facilitate companies to launch their IPOs as the financial climate will become conducive for the same. |
A)
Only [a] done
clear
B)
Only [b] done
clear
C)
Only [a] & [b] done
clear
D)
Only [b] & [c] done
clear
E)
All [a], [b] & [c] done
clear
View Solution play_arrow
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question_answer29)
The Reserve Bank of India has directed all the banks to ensure that the names of their customers, individuals or corporates, do not appear in any list published by the Security Council Committee. This act/directive of the RBI is to ensure which of the following? [Indian Bank 2010]
A)
To ensure that the bank loans / advances taken by the individuals/organizations are used only in those activities for which they are taken. done
clear
B)
To ensure that money deposited in the bank has not come from unknown and unauthorized sources done
clear
C)
To ensure that no one visits a foreign nation for any illegal activity by purchasing foreign currency from a bank done
clear
D)
To ensure that Indians do not go to a nation where they are being targeted for racial discrimination done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer30)
As per the news published in various financial newspapers, the RBI is reworking the roadmap on Capital Account Convertibiliy. If this is done, who amongst the following would be able to invest in foreign projects or acquire assets outside India without any restrictions? [SBI 2010]
[a] Public Sector Banks |
[b] Companies which are registered in India |
[c] Govt. of India |
[d] Any Individual |
A)
Only [a] done
clear
B)
Only [b] done
clear
C)
Only [c] done
clear
D)
All [a], [b], [c] & [d] done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer31)
As decided by the Reserve Bank of India, all the villages with a population of 2000 will have access to financial services by the end of [SBI 2010]
A)
2009-10 done
clear
B)
2010-11 done
clear
C)
2011-12 done
clear
D)
2012-13 done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer32)
As reported in various newspapers, the Reserve Bank of India is planning to allow more and more banks to function as "Local Area Banks". This will help RBI in the implementation of which of the following of its plans/drives? [SBI 2010]
(1) Financial Inclusion |
(2) Rural Banking |
(3) Mobile and e-Banking |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Only (3) done
clear
D)
Only (1) & (2) done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer33)
The Reserve Bank of India has asked all the banks to install "Note Sorting Machines" in the branches. How will this help banks and the general public? [Allahabad Bank 2010]
(1) The machines will check for counterfeit notes and drop these from circulation. |
(2) This will help banks to count the notes quickly and accurately. |
(3) This will help in sorting out soiled notes so that they are not reissued by the banks. |
A)
Only (2) done
clear
B)
Only (1) done
clear
C)
Only (3) done
clear
D)
Only (1) & (2) done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer34)
As per the guidelines issued by the RBI, banks are preparing for a service which will allow customers to withdraw upto "1,000 using their debit cards from notified shops/ stores all over the country. All such shops / stores will have 'POS' terminals for the same. What is full form of the 'POS'? [Allahabad Bank 2010]
A)
Payment on Sale done
clear
B)
Power of Sale done
clear
C)
Point of Sale done
clear
D)
Payment Order Service done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer35)
Many a time we read in newspapers that some big banks have revised their lending rates to make them dearer or cheaper. Though the decision to raise the lending rates is always in the hands of the banks, normally they announce this decision of theirs [Corporation Bank 2010]
[a] immediately after the Union Budget is presented in the Lok Sabha every year. |
[b] when the RBI makes changes in its policy rates. |
[c] when the Monetary and Credit Policy of the RBI is reviewed periodically. |
A)
Only [a] done
clear
B)
Only [b] done
clear
C)
Only [c] done
clear
D)
Only [b] & [c] done
clear
E)
All [a], [b] & [c] done
clear
View Solution play_arrow
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question_answer36)
The Reserve Bank of India (RBI) recently announced a hike in some policy rates and also indicated that there may be another change in near future. Which of the following is/are considered a policy rate(s) in the hands of the RBI? [Corporation Bank 2010]
(1) Repo Rate |
(2) SLR |
(3) Inflation |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Only (3) done
clear
D)
Only (1) & (2) done
clear
E)
All (1), (2) & (3) done
clear
View Solution play_arrow
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question_answer37)
As per the reports published in various newspapers, RBI has asked banks to make a plan to provide banking services to all villages having a population of 2000. This directive issued by the RBI will fall in which of the following categories? [Corporation Bank 2010]
A)
Plan for Financial Inclusion done
clear
B)
Efforts to meet the targets of Priority Sector Lending done
clear
C)
Extension of Relief Packages to the Farmers done
clear
D)
Extension of Internet and Branchless Banking done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer38)
The rate on which banks borrow from the RBI is called........... [Punjab & Sindh 2010]
A)
SLR done
clear
B)
CRR done
clear
C)
Interest Rate done
clear
D)
Bank Rate done
clear
E)
Repo Rate done
clear
View Solution play_arrow
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question_answer39)
As we know, the RBI is the apex bank of India. Similarly, the apex Bank of the USA is called.............. [Punjab & Sindh 2010]
A)
Federal Reserve done
clear
B)
The Central Bank of USA done
clear
C)
Bank of America done
clear
D)
Central National Bank of USA done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer40)
What is the full form of 'ULIP', the term which was in the news recently? [Syndicate 2010]
A)
Universal Life & Investment Plan done
clear
B)
Unit Loan & Insurance Plan done
clear
C)
Universal Loan & Investment Plan done
clear
D)
Uniformly Loaded Investment Plan done
clear
E)
Unit Linked Insurance Plan done
clear
View Solution play_arrow
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question_answer41)
Which of the following Rates/Ratio is not covered under the Monetary and Credit policy of the RBI? [Syndicate 2010]
A)
Bank Rate done
clear
B)
Repo Rate done
clear
C)
Cash Reserve Ratio done
clear
D)
Reverse Repo Rate done
clear
E)
Exchange Rate of Foreign Currencies done
clear
View Solution play_arrow
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question_answer42)
Exchange Rate of Foreign Currencies V2. RBI has asked banks to make a plan to provide banking services to all villages having a population up to 2000. This directive issued by the RBI will fall in which of the following categories? [Corporation Bank 2011]
A)
Plan for Financial Inclusion done
clear
B)
Efforts to meet the targets of Priority Sector Lending done
clear
C)
Extension of Relief Packages to the Farmers done
clear
D)
Plan for opening more rural branches done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer43)
The rate of interest on Savings Bank Account is stipulated by [Corporation Bank 2011]
A)
The concerned bank done
clear
B)
RBI done
clear
C)
Indian Banks Association done
clear
D)
Government of India done
clear
E)
Banking Codes and Standards Board of India done
clear
View Solution play_arrow
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question_answer44)
Banks borrow money from the RBI on which of the following rates? [Allahabad Bank 2011]
A)
Reverse Repo Rate done
clear
B)
Repo Rate done
clear
C)
SLR done
clear
D)
CRR done
clear
E)
Saving Rate done
clear
View Solution play_arrow
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question_answer45)
Banking and financial services all over the world are regulated usually by the Monetary Authority of the land. Who controls this function in India? [Allahabad Bank 2011]
A)
Ministry of Finance done
clear
B)
SEBI done
clear
C)
RBI done
clear
D)
IRDA done
clear
E)
FEDAI done
clear
View Solution play_arrow
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question_answer46)
Which of the following is/are the objective(s) of our monetary policy?[Allahabad Bank 2011]
(1) To anchor inflation expectations |
(2) To actively manage liquidity |
(3) To maintain interest rate regime consistent with price output and financial stability |
A)
Only (1) done
clear
B)
All (1), (2) & (3) done
clear
C)
Both (2) & (3) done
clear
D)
Only (2) done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer47)
Which of the following is/are key policy rates used by RBI to influence interest rates? [Allahabad Bank 2011]
(1) Bank Rate and Repo Rate |
(2) Reverse Repo Rate |
(3) CRR and SLR |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
All (1), (2) & (3) done
clear
D)
Only (3) done
clear
E)
Both (1) & (3) done
clear
View Solution play_arrow
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question_answer48)
Which of the following rates signals the RBI's long-term outlook on interest rates? [Allahabad Bank 2011]
A)
Repo Rate done
clear
B)
Reverse Repo Rate done
clear
C)
Bank Rate done
clear
D)
SLR done
clear
E)
CRR done
clear
View Solution play_arrow
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question_answer49)
For which of the following reasons RBI has decided to undertake mid-quarter policy reviews? [Allahabad Bank 2011]
(1) To re-align its policies |
(2) To take steps and ensure smooth flow of credit |
(3) To provide guidance to the economy |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Only (3) done
clear
D)
All (1), (2) & (3) done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer50)
Which of the following is the Central Bank of USA? [Allahabad Bank 2011]
A)
Federation of Banks, USA done
clear
B)
Citigroup, USA done
clear
C)
Bank of America done
clear
D)
Central Bank of USA done
clear
E)
Federal Reserve done
clear
View Solution play_arrow
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question_answer51)
Who amongst the following was the Head of the committee which gave its recommendations on the modalities for Capital' Account Convertibility? [Andhra Bank 2011]
A)
Dr. Rakesh Mohan done
clear
B)
Dr. C Rangarajan done
clear
C)
S.S. Tarapore done
clear
D)
K.J. Udeshi done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer52)
Which of the following organisations / agencies has established a fund known as investor Protection Fund? [Indian Overseas Bank 2011]
A)
RBI done
clear
B)
SIDBI done
clear
C)
Bombay Stock Exchange done
clear
D)
Ministry of Finance done
clear
E)
Ministry of Commerce and Industry done
clear
View Solution play_arrow
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question_answer53)
Reverse Repo is a tool used by RBI to [Indian Overseas Bank 2011]
A)
Inject liquidity done
clear
B)
Absorb liquidity done
clear
C)
Increase the liquidity with banking system done
clear
D)
To keep the liquidity at one level done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer54)
The European Union has adopted which of the following as a common currency? [Indian Overseas Bank 2011]
A)
Dollar done
clear
B)
Dinar done
clear
C)
Yen done
clear
D)
Peso done
clear
E)
Euro done
clear
View Solution play_arrow
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question_answer55)
SEBI is a/n [Indian Overseas Bank 2011]
A)
Advisory body done
clear
B)
Statutory body done
clear
C)
Constitutional body done
clear
D)
Non-statutory body done
clear
E)
Registered as a society done
clear
View Solution play_arrow
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question_answer56)
Which of the following bodies promoted Securities Trading Corporation of India Limited (STCI) jointly with the Public Sector Banks? [Indian Overseas Bank 2011]
A)
Securities Exchange Board of India done
clear
B)
ICICI Ltd done
clear
C)
IDBI Ltd done
clear
D)
Reserve Bank of India done
clear
E)
IRDA done
clear
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question_answer57)
Consider the following. [Indian Overseas Bank 2011]
(1) Deposit rates |
(2) Base Rate |
(3) Prime Lending Rate |
Which of the above are decided by the Reserve Bank of India?
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Only (3) done
clear
D)
Both (2) and (3) done
clear
E)
None of these done
clear
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question_answer58)
Mutual funds are regulated by [Corporation Bank 2011]
A)
Association of Mutual Funds of India (AMFI) done
clear
B)
Securities and Exchange Board of India (SEBI) done
clear
C)
Reserve Bank of India done
clear
D)
IRDA done
clear
E)
None of these done
clear
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question_answer59)
Which of the following is not a function of the RBI? [Corporation Bank 2011]
A)
Maintaining Forex done
clear
B)
Deciding Bank Rate, CRR and SLR from time to time done
clear
C)
Opening Savings Accounts for general public done
clear
D)
Prescribing the Capital Adequacy Ratio done
clear
E)
Currency Management done
clear
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question_answer60)
The monetary authority in India, viz Reserve Bank of India, is bound to maintain a reserve against the notes issued, whatever may be the amount. This system is called as [Corporation Bank 2011]
A)
Minimum Reserve System done
clear
B)
Proportional Reserve System done
clear
C)
Maximum Fiduciary Issue System done
clear
D)
Simple Deposit System done
clear
E)
None of these done
clear
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question_answer61)
Interest rates on which of the following deposit schemes is fixed by thy Reserve Bank of India? [Corporation Bank 2011]
A)
Fixed deposits above live years' maturity done
clear
B)
Recurring deposits done
clear
C)
Savings bank done
clear
D)
Flexi Deposit scheme done
clear
E)
None of these done
clear
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question_answer62)
Which of the following policies is known as Annual Policy Statement? [Corporation Bank 2011]
A)
Annual budget of GOI done
clear
B)
Credit and monetary policy of RBI done
clear
C)
Foreign trade policy of DGFT done
clear
D)
Regulations issued by SEBI done
clear
E)
None of these done
clear
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question_answer63)
Which of the following Acts was framed specially to deal more effectively with the problem of Non-Performing Assets in banking system? [Corporation Bank 2011]
A)
Companies Act done
clear
B)
Banking Regulation Act done
clear
C)
Foreign Exchange Management Act done
clear
D)
Industrial Dispute Act done
clear
E)
SARFAESI Act done
clear
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question_answer64)
Very often we read in newspapers/ magazines about 'Sovereign Wealth Funds'. Which of the following is/ are the correct description of the same? [Corporation Bank 2011]
(1) These are the funds or the reserves of a government or central bank of a country which are invested further to earn profitable returns. |
(2) These are the funds which were accumulated by some people over the years but were not put in active circulation as they retain them as black money for several years. |
(3) The funds which are created to be used as relief funds or bailout packages. |
A)
Both (2) and (3) only done
clear
B)
Only (2) done
clear
C)
Only (3) done
clear
D)
Only (1) done
clear
E)
None of these done
clear
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question_answer65)
The names of which of the following rates/ratios cannot be seen in financial newspapers? [Corporation Bank 2011]
A)
Bank Rate done
clear
B)
Repo Rate done
clear
C)
Statutory Liquidity Ratio done
clear
D)
Cash Reserve Ratio done
clear
E)
Pulse Rate done
clear
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question_answer66)
Ten-rupee notes contain the signature of [Corporation Bank 2011]
A)
Finance Secretary, GOI done
clear
B)
Chairman, State Bank of India done
clear
C)
Governor, Reserve Bank of India done
clear
D)
Finance Minister, GOI done
clear
E)
Prime Minister done
clear
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question_answer67)
Interest payable on savings bank accounts is [IBPS 2011]
A)
not regulated by RBI. done
clear
B)
regulated by State Governments. done
clear
C)
regulated by Central Government done
clear
D)
regulated by RBI. done
clear
E)
regulates by Finance Minister. done
clear
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question_answer68)
Which of the following is a correct statement? [IBPS 2011]
A)
SBI is the sole authority to issue and manage currency in India done
clear
B)
A nationalised bank is the sole authority to issue and manage currency in India. done
clear
C)
A cooperative bank is the sole authority to issue and manage currency in India. done
clear
D)
RBI is the sole authority to issue and manage currency India. done
clear
E)
None of these done
clear
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question_answer69)
Which of the following states became the first state in the country to launch RBI, s e-payment system for commercial tax payers? [IBPS 2011]
A)
Andhra Pradesh done
clear
B)
Kerala done
clear
C)
Gujarat done
clear
D)
Maharashtra done
clear
E)
Karnataka done
clear
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question_answer70)
Bank rate policy, open market operations, variable reserve requirements and statutory liquidity requirements employed by Reserve Bank as measures of credit control are classified as [IBPS 2011]
A)
quantitative methods done
clear
B)
qualitative methods done
clear
C)
Both of the above done
clear
D)
All of the above done
clear
E)
None of the above done
clear
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question_answer71)
Reverse Repo is a tool used by RBI to
A)
inject liquidity done
clear
B)
absorb liquidity done
clear
C)
increase the liquidity with banking system done
clear
D)
to keep the liquidity at one level done
clear
E)
None of the above done
clear
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question_answer72)
What is Repo Rate? [IBPS 2011]
A)
It is a rate at which RBI sell government securities to banks done
clear
B)
It is a rate at which RBI buys government securities from banks done
clear
C)
It is a rate at which RBI allows small loans in the market done
clear
D)
It is a rate which is offered by Banks to their most valued customers or prime customers done
clear
E)
None of the above done
clear
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question_answer73)
Which of the following is not a function of the RBI? [Bank PO 2010]
A)
Maintaining Forex done
clear
B)
Deciding Bank Rate, CRR and SLR from time to time done
clear
C)
Opening Savings Accounts for general public done
clear
D)
Prescribing the Capital Adequancy Ratio done
clear
E)
Currency Management done
clear
View Solution play_arrow
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question_answer74)
Capital market regulator is [BOB 2008]
A)
RBI done
clear
B)
IRDA done
clear
C)
NSE done
clear
D)
BSE done
clear
E)
SEBI done
clear
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question_answer75)
Which of the following is the regulator of the credit rating agencies in India? [BOB 2008]
A)
RBI done
clear
B)
SBI done
clear
C)
SIDBI done
clear
D)
SEBI done
clear
E)
None of these done
clear
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question_answer76)
Which of the following organisations is known as the market regulator in India? [Syndicate Bank 2009]
A)
IBA done
clear
B)
SEBI done
clear
C)
AMFI done
clear
D)
NSDI done
clear
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question_answer77)
In one of his speeches, Pranab Mukherjee said that the government has no plans to dilute the roles of market regulators. This means, the role of which of the following will not be diluted? [Syndicate Bank 2010]
A)
Life Insurance Corporation of India (LIC) done
clear
B)
Confederation of Indian Industry (CII) done
clear
C)
Federation of Chambers of Commerce and Industry (FICCI) done
clear
D)
Bureau of India Standards done
clear
E)
Securities and Exchange Board of India (SEBI) done
clear
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question_answer78)
Equity schemes managed strong NAV gains which boost their assets' was a new in some financial newspapers. What is the full form of NAV used as in above headlines? [Central Bank of India 2010]
A)
Nil Accounting Variation done
clear
B)
Net Accounting Venture done
clear
C)
Net Asset Value done
clear
D)
New Asset Venture done
clear
E)
None of the above done
clear
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question_answer79)
SEBI is a/an [Indian Overseas Bank 2011]
A)
advisory body done
clear
B)
statutory body done
clear
C)
constitutional body done
clear
D)
non-statutory body done
clear
E)
registered as a society done
clear
View Solution play_arrow
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question_answer80)
Mutual funds are regulated by [Corporation Bank 2011]
A)
Association of Mutual Funds of India (AMFI) done
clear
B)
Securities and Exchange Board of India (SEBI) done
clear
C)
Reserve Bank of India done
clear
D)
IRDA done
clear
E)
None of the above done
clear
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question_answer81)
Which of the following best describes the Securities and Exchange Board of India?
A)
SEBI is the regulator for the capital markets done
clear
B)
SEBI protects the interest of investors done
clear
C)
SEBI is for ethical practices done
clear
D)
All of the above done
clear
E)
None of the above done
clear
View Solution play_arrow
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question_answer82)
Which of the following policies is known as Annual Policy Statement? [Corporation Bank 2011]
A)
Annual budget of Central Government done
clear
B)
Credit and monetary policy of RBI done
clear
C)
Foreign trade policy of DGFT done
clear
D)
Regulations issued by SEBI done
clear
E)
None of the above done
clear
View Solution play_arrow
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question_answer83)
By increasing repo rate, the economy may observe the following effects ______ [IBPS 2012]
A)
Rate of interest on loans and advances will be costlier done
clear
B)
Industrial output would be affected to an extent done
clear
C)
Banks will increase rate of interest on deposits done
clear
D)
Industry houses may borrow money from foreign countries done
clear
E)
All of these done
clear
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question_answer84)
Increased interest rates, as is existing in the economy at present will ______. [IBPS 2012]
A)
Lead to higher GDP growth done
clear
B)
Lead to lower GDP growth done
clear
C)
Mean higher cost of raw materials done
clear
D)
Mean lower cost of raw materials done
clear
E)
Mean higher wage bill done
clear
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question_answer85)
The European Union has adopted which of the following as a common currency? [SBI 2013]
A)
Dollar done
clear
B)
Dinar done
clear
C)
Yen done
clear
D)
Euro done
clear
E)
Peso done
clear
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question_answer86)
The Holidays for the Banks are declared as per ______. [SBI 2013]
A)
Reserve Bank Act done
clear
B)
Banking Regulation Act done
clear
C)
Negotiable Instruments Act done
clear
D)
Securities and Exchange Board of India Act done
clear
E)
Companies Act done
clear
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question_answer87)
Interest on Savings deposit nowadays is _________. [SBI 2013]
A)
Fixed by RBI done
clear
B)
Fixed by the respective Banks done
clear
C)
Fixed by the Depositors done
clear
D)
Fixed as per the contract between Bank and the Consumer Court done
clear
E)
Not paid by the Bank done
clear
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question_answer88)
With effect from July 1,2012, for calculation of lending rates, the Reserve Bank of India has advised banks to switch over to the [IBPS 2013]
A)
MSF Rate System done
clear
B)
Reverse Repo Rate System done
clear
C)
Bank Rate System done
clear
D)
Repo Rate System done
clear
E)
Base Rate System done
clear
View Solution play_arrow
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question_answer89)
To improve access of the poor to banking, RBI has advised banks to open branches with minimum infrastructure supporting up to 8 to 10 Business Correspondents (BC) at a reasonable distance of 3-4 km. Such branches are known as [IBPS 2013]
A)
Nodal branches done
clear
B)
Micro branches done
clear
C)
Mini branches done
clear
D)
Ultra small branches done
clear
E)
Satellite branches done
clear
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question_answer90)
In the field of banking, what does CRAR stand for? [SBI 2014]
A)
Capital Reserve Adequacy Ratio done
clear
B)
Capital to Risk (Weighted) Assets Ratio done
clear
C)
Capital Reserve Assets Ratio done
clear
D)
Capital Risk Adequacy Ratio done
clear
E)
None of these done
clear
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question_answer91)
How instrument is used by the Reserve Bank of India to control market liquidity? [SBI 2014]
A)
Repo rate done
clear
B)
Statutory Liquidity Ratio done
clear
C)
Marginal Adjustment Facility done
clear
D)
Reserve Repo Rate done
clear
E)
Only [a] and [d] done
clear
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question_answer92)
The government has named ______ outside experts as members of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), moving to a model followed in the developed world. [SBI Main 2016]
A)
One done
clear
B)
Two done
clear
C)
Three done
clear
D)
Four done
clear
E)
Five done
clear
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question_answer93)
What is Cash Reserve Ratio? [IBPS Main 2016]
A)
Deposits of banks in government securities done
clear
B)
Rate at which banks borrow funds from the RBI done
clear
C)
Deposits (as cash) which banks have to keep/maintain with the RBI done
clear
D)
Rate at which RBI borrows money from the banks done
clear
E)
Rate at which RBI borrows money from the government done
clear
View Solution play_arrow
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question_answer94)
With effect from July 1,2012, for calculation of lending rates, the Reserve Bank of India has advised banks to switch over to the [IBPS Clerk 2013]
A)
MSF Rate System done
clear
B)
Reverse Repo Rate System done
clear
C)
Bank Rate System done
clear
D)
Repo Rate System done
clear
E)
Base Rate System done
clear
View Solution play_arrow
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question_answer95)
According to a recent Reserve Bank's Instructions on banking matters. Banks cannot accept interest free deposits other than in [IBPS 2014]
A)
Demand deposit account done
clear
B)
Term deposit account done
clear
C)
Current account done
clear
D)
Both [a] and [b] done
clear
E)
None of these done
clear
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question_answer96)
Which of the following is/are traditional type of open market operations used by the Reserve Bank of India? [IBPS 2014]
A)
Outright purchase done
clear
B)
CRR (Cash reserve ratio) done
clear
C)
SLR (Statutory Liquidity Ratio) done
clear
D)
Repurchase agreement (REPO) done
clear
E)
Both [a] and [d] done
clear
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question_answer97)
The organisation is responsible for calculating National Income is - [IBPS RRB 2015]
A)
CSO done
clear
B)
NSSO done
clear
C)
RBI done
clear
D)
SBI done
clear
E)
None of these done
clear
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question_answer98)
How instrument is used by the Reserve Bank of India to control market liquidity? [SBI PO 2014]
A)
Repo rate done
clear
B)
Statutory Liquidity Ratio done
clear
C)
Marginal Adjustment Facility done
clear
D)
Reserve Repo Rate done
clear
E)
Only [a] and [d] done
clear
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question_answer99)
Base rate is the rate below which no bank can allow their lending to anyone. Who set up this base rate for banks? [IBPS PO Main 2015]
A)
Individual Banks Boards (Correct Answer) done
clear
B)
Ministry of Commerce done
clear
C)
Ministry of Finance done
clear
D)
RBI done
clear
E)
Interest Rate Commission of India done
clear
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question_answer100)
Many a times, we read in newspaper that the RBI has revised certain rates/ratios under LAF. What is full form of LAF? [IBPS PO Main 2015]
A)
Legal Adjustment Facility done
clear
B)
Liquidity Adjustment Facility done
clear
C)
Long-term Achievement Facility done
clear
D)
Legal Adjustment Formality done
clear
E)
None of these done
clear
View Solution play_arrow