question_answer 1)
Demand management to control inflation may lead to:
A)
increase in government expenditure done
clear
B)
increase in unemployment due to contraction of the economy done
clear
C)
expansion of credit done
clear
D)
creation of excess liquidity done
clear
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question_answer 2)
Which of the following is not a function of the Securities and Exchange Board of India (SEBI)?
A)
Supervising the working of the Stock Exchanges done
clear
B)
Underwriting new capital issues done
clear
C)
Regulating merchant banks and mutual funds done
clear
D)
promoting the development of a healthy capital market done
clear
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question_answer 3)
It is said that, in order to control inflation, foreign inflow needs to be sterlised. Sterlisation here refers to:
A)
ensuring that black money is accounted. done
clear
B)
compliance with import-export regulations done
clear
C)
ensuring that counterfeit currency does not enter circulation done
clear
D)
withdrawing equivalent local currency to maintain a desirable rate of exchange done
clear
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question_answer 4)
The first public sector bank in India which obtained license for Internet Banking from RBI is-
A)
Punjab National Bank done
clear
B)
Oriental Bank of Commerce done
clear
C)
Corporation Bank done
clear
D)
State Bank of India done
clear
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question_answer 5)
Which of the following markets are independently regulated by Forward Market Commission?
A)
Mutual Funds done
clear
B)
Commodity Futures Market done
clear
C)
Stock Market done
clear
D)
Foreign Exchange Markets done
clear
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question_answer 6)
Inflation, in theory, occurs:
A)
when the price of essential commodities outstrips income done
clear
B)
when money supply grows at a higher rate than GDP in real terms done
clear
C)
when the exchange rate of a currency falls done
clear
D)
when fiscal deficit exceeds balance of payment Deficit done
clear
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question_answer 7)
Among the supply side measures to contain inflation is:
A)
postponing public expenditure done
clear
B)
mopping up excess liquidity through taxation done
clear
C)
credit control measures of RBI done
clear
D)
maintaining price levels through an effective PDS done
clear
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question_answer 8)
Which of the following is not true of the Regional Rural Banks (RRBs)?
A)
They provide direct loans to small and marginal farmers; done
clear
B)
They are co-sponsored by Reserve Bank of India; done
clear
C)
They also perform other banking operations; done
clear
D)
State Governments are share-holders in RRBs. done
clear
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question_answer 9)
Bank rate refers to:
A)
the rate at which banks lend to its prime borrowers done
clear
B)
the maximum rate that banks can pay for deposit done
clear
C)
the rate at which banks rediscount bills with RBI done
clear
D)
the rate of interest charged on inter-bank transactions done
clear
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question_answer 10)
Open market operation of RBI refers to:
A)
buying and selling of shares done
clear
B)
auctioning of foreign exchange done
clear
C)
trading in securities done
clear
D)
transaction in gold done
clear
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question_answer 11)
According to the Chakravarthy Committee, one of (he principal causes affecting price stability in India is:
A)
existence of black money done
clear
B)
violent fluctuation in agricultural production done
clear
C)
India's precarious balance of payment position done
clear
D)
fiscal deficit done
clear
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question_answer 12)
International capital flows have been uncertain and volatile, causing exchange rate and balance of payment crisis among developing countries. Among the various sources of external capital available to India which source should you consider as the most preferable?
A)
Foreign institutional investment done
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B)
Portfolio investment done
clear
C)
External commercial borrowing done
clear
D)
Foreign direct investment done
clear
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question_answer 13)
Which of the following was described as the biggest ever cash purchase of the shares of a bank in India?
A)
Purchase of Nedungadi Bank shares by Punjab National Bank done
clear
B)
Amalgamation of Global Trust Bank with Oriental Bank of Commerce done
clear
C)
Merger of Centurion Bank of Punjab with HDFC Bank done
clear
D)
Purchase of State Bank of India shares from RBI by the Central Government done
clear
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question_answer 14)
To know whether the rich are getting richer and the poor getting poorer, it is necessary to compare
A)
the wholesale price index over different periods of time for different regions done
clear
B)
the distribution of income of an identical set of income recipients in different period of time done
clear
C)
the distribution of income of different sets of income recipients at a point of time done
clear
D)
the availability of foodgrains among two sets of people, one rich and the other poor, over different period of time done
clear
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question_answer 15)
Which of the following statements correctly expresses the difference between preference shares and equity shares?
A)
equity shareholders have no voting right but preference shareholders have voting rights done
clear
B)
preference shareholders have no have voting rights but equity shareholders have voting rights done
clear
C)
preference shareholders have no right to profit whereas equity shareholders have a right to profit done
clear
D)
preference shareholders get exemption from taxes while equity shareholders do not get any exemption done
clear
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question_answer 16)
Which one of the following governmental steps has proved relatively effective in controlling the double digit rate of inflation in the Indian economy during recent years?
A)
enhanced rate of production of all consumer goods done
clear
B)
streamlined public distribution system done
clear
C)
pursuing an export oriented strategy done
clear
D)
containing budgetary deficit and unproductive expenditure done
clear
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question_answer 17)
Which one of the following is not a feature of "Value Added Tax"?
A)
It is multi-point destination-based system of taxation. done
clear
B)
It is a tax levied on value addition at each stage of transaction in the production distribution chain. done
clear
C)
It is a tax on the final consumption of goods or services and must ultimately be borne by the consumer. done
clear
D)
It is basically a subject of the central government and the state governments are only a facilitator for its successful implementation. done
clear
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question_answer 18)
Which one of the following statements is an appropriate description of deflation?
A)
It is a sudden fall in the value of a currency against other currencies done
clear
B)
It is a persistent recession in both the financial and real sectors of economy done
clear
C)
It is a persistent fall in the general price level of goods and services done
clear
D)
It is a fall in the rate of inflation over a period of time done
clear
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question_answer 19)
A rapid increase in the rate of inflation is sometimes attributed to the "base effect". What is "base effect"?
A)
It is the impact of drastic deficiency in supply due to failure of crops done
clear
B)
It is the impact of the surge in demand due to rapid economic growth done
clear
C)
It is the impact of the price levels of previous year on the calculation of inflation rate done
clear
D)
None of the statements [a], [b] and [c]]\ given above is correct in this context done
clear
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question_answer 20)
The basic aim of Lead Bank Scheme is that:
A)
big banks should try to open offices in each district done
clear
B)
there should be stiff competition among the various nationalized banks done
clear
C)
individual banks should adopt particular districts for intensive development done
clear
D)
all the banks should make intensive efforts to mobilize deposits done
clear
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question_answer 21)
The International Development Association, a lending agency, is administered by the:
A)
International Bank for Reconstruction and Development done
clear
B)
International Fund for Agricultural Development done
clear
C)
United Nations Development Programme. done
clear
D)
United Nations Industrial Development Organization done
clear
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question_answer 22)
The acronym SRO, being used in the capital market for various market participants, stands for which one of the following?
A)
Self-Regulatory Organisations done
clear
B)
Small Revenue Operators done
clear
C)
Securities Roll-back Operators done
clear
D)
Securities Regulatory Organisations done
clear
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question_answer 23)
Debentures and Equity differ in?
A)
Debentures are bonds confirming that money has been borrowed; equity is a shareholder's voting rights in proportion to his shareholding done
clear
B)
An equity shareholder cannot withdraw his investment but debenture holder can withdraw his money. done
clear
C)
Equity shares have greater risk compared to debentures which have fixed interest on the amount paid. done
clear
D)
Both have the right to vote irrespective of the size of their holdings. Debentures are of lower value than equity done
clear
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question_answer 24)
How do we define The terms buil and bear with regard to stock markets?
A)
A bull is an optimistic operator who first buys and then sells shares in expectation of the price going up a bear is a pessimistic market operator who sells the shares in expectation of buying them back at a lower price. done
clear
B)
There is nothing significantly different as both operate in the capital market. done
clear
C)
Bull is one who first sells a share and then buys it at a lower price; bear means one who first buys and then sells it in expectation of prices going up. done
clear
D)
A bull is ready to buy any share; a bear only deals in government securities. done
clear
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question_answer 25)
What do you understand by the term "Jobber"?
A)
A stock dealer who deals directly with the public for which he gets a commission done
clear
B)
A broker who buys and sells on behalf of his clients done
clear
C)
A stock dealer who is a member of a stock exchange and deals with the public only through the medium of brokers done
clear
D)
A stock broker who deals only with shares and not any other form of securities done
clear
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question_answer 26)
What are "Futures"?
A)
Securities or commodities sold or bought with the assumption of delivery at a later stage done
clear
B)
Shares and debentures bought at a cheaper rate and sold later at high rates done
clear
C)
Particular types and quantities of securities and com-modities bought for selling at higher prices done
clear
D)
None of these done
clear
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question_answer 27)
An outward shift in the demand for money, other things being equal should lead to:
A)
A lower interest rate but the same quantity of money done
clear
B)
A higher interest rate but the same quantity of money done
clear
C)
A higher quantity of money but lower interest rates done
clear
D)
A higher quantity of money but the same interest rate done
clear
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question_answer 28)
A rise in "SENSEX" means:
A)
a rise in prices of shares of all companies registered with Bombay Stock Exchange done
clear
B)
a rise in prices of shares of all companies registered with National Stock Exchange done
clear
C)
an overall rise in prices of shares of group up companies registered with Bombay Stock Exchange done
clear
D)
a rise in prices of shares of all companies belonging to a group of companies registered with Bombay Stock Exchange done
clear
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question_answer 29)
Which of the following would best describe the role of a merchant bank?
A)
To monitor the activities of publicly-list companies done
clear
B)
To act as banker and financial agent to the federal government done
clear
C)
To provide borrowing and leading services, primarily to the business sector done
clear
D)
To provide loans to the corporate sector through receipts of insurance premiums done
clear
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question_answer 30)
Which action by the Reserve Bank would stimulate the economy in an economic downturn?
A)
Selling government securities in the cash market done
clear
B)
Buying government securities in the cash market done
clear
C)
Selling foreign currencies on the foreign exchange market done
clear
D)
Buying foreign currencies on the foreign exchange Market done
clear
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question_answer 31)
Which of the following could be a cause of demand inflation?
A)
An increase in the cost of labour done
clear
B)
An increase in domestic interest rates done
clear
C)
An increase in the level of consumer spending done
clear
D)
An increase in import prices, resulting from a depreciating dollar done
clear
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question_answer 32)
Other things being equal, what would be the impact of an increase in net capital inflow on the Indian currency?
A)
There would be an increase in the demand for the American dollar and an appreciation of the currency. done
clear
B)
There would be a decrease in the demand for the rupees (Rs.) and a depreciation of the currency. done
clear
C)
There would be an increase in the supply of the American dollar and an appreciation of the currency. done
clear
D)
There would be a decrease in the supply of the American dollar and a depreciation of the currency. done
clear
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question_answer 33)
If an exporter earns money and deposits that with RBI, what will be the ultimate impact on country's money supply?
A)
Money supply will increase done
clear
B)
Money supply will decrease done
clear
C)
Money supply will remain unaltered done
clear
D)
Money supply will depend upon the current exchange rate done
clear
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question_answer 34)
'SHG Bank Linkage Programme' is a programme which encourages India's banks to lend to self-help groups (SHGs) composed mainly of poor women, this has evolved into an important Indian tool for microfinance. This programme was initiated by?
A)
Reserve Bank of India (RBI) done
clear
B)
Agricultural Refinance and Development Corporation (ARDC) done
clear
C)
National Bank for Agriculture and Rural Development (NABARD) done
clear
D)
Non-Banking Finance Companies (NBFC) done
clear
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question_answer 35)
Open market Operation by RBI are the part of its:
A)
Fiscal Policy done
clear
B)
Credit Policy done
clear
C)
Income Policy done
clear
D)
Monetary Policy done
clear
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question_answer 36)
Which of the following statements is not correct regarding the 'Banking Sector' of India?
A)
At present there are 26 Nationalized Banks in India. done
clear
B)
Foreign Banks and Regional Rural Banks do not come under the category of Scheduled Commercial Banks. done
clear
C)
Banks have the freedom to regulate their own Savings Bank Deposit interest rates. done
clear
D)
Narsimham Committee is related to Banking Sector reforms. done
clear
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question_answer 37)
The concept of 'Universal Banking' was implemented in India on the recommendations of:
A)
Abid Hussain Committee done
clear
B)
R H Khan Committee done
clear
C)
S Padmanabhan Committee done
clear
D)
Y H Malegam Committee done
clear
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question_answer 38)
Which among Ithe following is considered to be a part of Shadow Banking in India?
A)
Business Correspondents done
clear
B)
Bankassurance Providers done
clear
C)
Non-Banking Financial Companies done
clear
D)
Private Banks done
clear
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question_answer 39)
Which among the following is the only correct statement?
A)
Money market meets long term financing needs done
clear
B)
Recession in industrial sector in India is normally due to fall in exports done
clear
C)
Ways and means advances given by RBI are nowhere related to State?s revenue done
clear
D)
Exchange rate is fixed by RBI done
clear
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question_answer 40)
Bring out the only incorrect statement:
A)
Reverse Repo operation by RBI aims at injecting? increasing liquidity done
clear
B)
SDR refers to special drawing rights done
clear
C)
Rupee appreciation results in decrease in imports done
clear
D)
Increase in inflation rate leads to decline in real interest rate done
clear
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question_answer 41)
Which among the following correctly defines the Net Interest Income?
A)
Interest earned on advances done
clear
B)
Interest earned on investments done
clear
C)
Total interest earned on advances and investment done
clear
D)
Difference between interest earned and interest paid done
clear
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question_answer 42)
In which among the following types comes the Interest Rate Risk?
A)
Credit risk done
clear
B)
Market risk done
clear
C)
Operational risk done
clear
D)
All the above categories done
clear
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question_answer 43)
When there is an inflationary trend in the economy, what would be trend in the pricing of the Bank Products?
A)
Increasing Trend done
clear
B)
Decreasing Trend done
clear
C)
Constant Trend done
clear
D)
There is no relevance of the inflation in pricing of the Banking Products done
clear
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question_answer 44)
From time to time, which among the following body publishes the "Exchange Control Manual" in context with the Foreign Exchange in India?
A)
Foreign Trade Promotion Board done
clear
B)
Department of Commerce done
clear
C)
Reserve Bank of India done
clear
D)
SEBI done
clear
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question_answer 45)
As per Section 24 (2A) of Banking Regulation Act 1949, every banking company in India has to maintain equivalent to an amount which shall not at the close of the business on be less than 25 % of the total of its net demand and time liabilities, which is known as SLR. Which among the following is the correct option?
A)
Any Day done
clear
B)
Any Week done
clear
C)
Any Fortnight done
clear
D)
Any Month done
clear
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question_answer 46)
Which among the following is NOT Tier I Capital?
A)
Paid up Capital done
clear
B)
Statutory Reserves done
clear
C)
Revaluation Reserves done
clear
D)
Investment Fluctuation Reserves done
clear
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question_answer 47)
For which of the following, the Reserve Bank of India has stipulated a maximum Capital Adequacy Requirements in India?
A)
Private Sector Banks done
clear
B)
Banks that Undertake Insurance Business. done
clear
C)
Local Area Banks done
clear
D)
Scheduled Commercial Banks done
clear
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question_answer 48)
Which one of the following Public Sector Bank's emblem figures a dog and the words 'faithful friendly, in it?
A)
Punjab National Bank done
clear
B)
Syndicate Bank done
clear
C)
Oriental Bank of Commerce done
clear
D)
State Bank of India done
clear
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question_answer 49)
Which among the following is NOT an instrument of qualitative control in India?
A)
Regulation of the Consumer Credit done
clear
B)
Rationing of the Credit done
clear
C)
Margin Requirements done
clear
D)
Variable Costs and Reserves done
clear
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question_answer 50)
Which among the following would most likely follow if the Reserve Bank of India effects selling of the securities?
A)
The cash resources at the disposal of the commercial banks increase. done
clear
B)
The cash resources at the disposal of the commercial banks get diminished. done
clear
C)
The cash resources of the commercial banks remain unchanged. done
clear
D)
None of the above. done
clear
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question_answer 51)
The Laffer curve is the graphical representation of:
A)
The relationship between tax rates and absolute revenue these rates generate for the government. done
clear
B)
The inverse relationship between the rate of unemployment and the rate of inflation in an economy. done
clear
C)
The inequality in income distribution. done
clear
D)
The relationship between environmental quality and economic development. done
clear
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question_answer 52)
Which among the following gives a precise definition of ?Arbitrage? in Financial World?
A)
To profit from an existing discrepancy among prices, exchange rates, and/or interest rates on Different Markets without risk of these changing done
clear
B)
to profit from an existing discrepancy among prices, exchange rates, and/or interest rates on Same market without risk of these changing done
clear
C)
To profit from an existing discrepancy among prices, exchange rates, and/or interest rates on new techniques or products in same market. done
clear
D)
All of above done
clear
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question_answer 53)
"A statement of estimated receipts and expenditures called annual Financial Statement (Budget) has to be placed before parliament for each financial year." The above provision has been enshrined in which among the following articles of Constitution of India?
A)
Article 110 done
clear
B)
Article 111 done
clear
C)
Article 112 done
clear
D)
Article 113 done
clear
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question_answer 54)
Capitalism is based upon "Laissez-faire system". What is "Laissez-faire system"?
A)
No governmental intervention done
clear
B)
Maximum governmental intervention done
clear
C)
Role of market forces is minimum done
clear
D)
Limited government Intervention done
clear
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question_answer 55)
Which among the following is true about "deficit Financing"?
A)
Public expenditure in excess of public revenue done
clear
B)
Public revenue in excess of public expenditure done
clear
C)
New currency replaced by old currency done
clear
D)
None of above done
clear
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question_answer 56)
An excise duty is a charge on which of the following?
A)
Export of goods done
clear
B)
Production of goods done
clear
C)
Production or sale of goods done
clear
D)
Consumption of good done
clear
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question_answer 57)
"Bad money (if not limited in quantity) drives good money out of circulation." The above statement is from which among the following laws?
A)
Keynes' law done
clear
B)
Wagner's law done
clear
C)
Gresham's law done
clear
D)
Grimm's Law done
clear
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question_answer 58)
Which among the following is a correct definition of currency drain?
A)
A currency drain is an export of the domestic currency done
clear
B)
A currency drain is an increase in currency held outside the banks. done
clear
C)
A currency drain is the currency holding by a parallel economy done
clear
D)
None of these done
clear
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question_answer 59)
Which among the following is a correct definition of Fiduciary Issue of notes?
A)
The issue of currency notes without metallic backing. done
clear
B)
The issue of currency notes with metallic backing. done
clear
C)
The issue of currency notes with partial metallic backing. done
clear
D)
The issue of currency notes with proportional metallic backing. done
clear
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question_answer 60)
Which among the following is correct about the Vostro Account?
A)
It is an account maintained by a foreign bank with a Bank in India in Indian Rupees. done
clear
B)
It is an account maintained by an Indian bank with a Bank in Foreign country in Foreign Currency. done
clear
C)
It is an account maintained by a Indian Bank Branch with a Foreign Bank in Foreign Currency. done
clear
D)
It is an account maintained by a Foreign Bank Branch with a Indian Bank in Foreign Currency. done
clear
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question_answer 61)
What do we call an arrangement whereby an issuing Bank at the request of the Importer (Buyer) undertakes to make payment to the exporter (Beneficiary) against stipulated documents?
A)
Bill of Exchange done
clear
B)
Letter of Exchange done
clear
C)
Letter of Credit done
clear
D)
Bill of Entry done
clear
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question_answer 62)
The most active segment of the Money Market in India is which one of the following?
A)
Call Money / Notice Money Market done
clear
B)
Repo / Reverse Repo done
clear
C)
Commercial Paper (CP) done
clear
D)
Certificate of Deposit (CD) done
clear
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question_answer 63)
An increase in the Bank Rate generally indicates that the :
A)
Market rate of interest is likely to fall done
clear
B)
Central Bank is no longer making loans to commercial banks done
clear
C)
Central Bank is following an easy money policy done
clear
D)
Central Bank is following a tight money policy done
clear
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question_answer 64)
What does venture capital mean?
A)
A short-term capital provided to industries done
clear
B)
A long-term start-up capital provided to new entrepreneurs done
clear
C)
Funds provided to industries at times of incurring losses done
clear
D)
Funds provided for replacement and renovation of Industries done
clear
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question_answer 65)
Consider the following statements :
The function of the Reserve Bank of India does not include: 1. Open market operations 2. Monitoring revenue collection 3. Supervising non-banking finance companies 4. Review of public expenditure
Which of the statement/s given above is/are correct?
A)
1 only done
clear
B)
2 and 4 done
clear
C)
1, 3 and 4 done
clear
D)
1, 2, 3 and 4 done
clear
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question_answer 66)
Consider the following statements with regard to
Statutory Liquidity Ratio (SLR): 1. To meet SLR, Commercial banks can use cash only. 2. SLR is maintained by the banks with themselves. 3. SLR restricts the bank?s leverage in pumping more money into the economy.
Which of the statements given above is/are correct?
A)
1, 2 and 3 done
clear
B)
1 and 3 done
clear
C)
2 and 3 done
clear
D)
only 2 done
clear
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question_answer 67)
Consider the following statements.
1. The National Housing Bank, the apex institution of housing finance in India, was set up as a wholly owned subsidiary of the Reserve Bank of India.
2. The Small Industries Development Bank of India was established as a wholly owned subsidiary of the Industrial Development Bank of India.
Which of the statement given above is/are correct?
A)
1 only done
clear
B)
2 only done
clear
C)
Both 1 and 2 done
clear
D)
Neither 1 nor 2 done
clear
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question_answer 68)
Why is the offering of "teaser loans" by commercial banks a cause of economic concern?
1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.
2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units.
Which of the statements given above is/are correct?
A)
1 only done
clear
B)
2 only done
clear
C)
Both 1 and 2 done
clear
D)
Neither 1 nor 2 done
clear
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question_answer 69)
With reference to the Indian Public Finance, consider the following statements:
1. External liabilities reported in the Union Budget are based on historical exchange rates 2. The continued high borrowing has kept the real interest rates high in the economy 3. The upward trend in the ratio of Fiscal Deficit of GDP a recent years has a adverse effect on private investment 4. Interest payments is the single largest component of the non-plan revenue expenditure of the Union Government
Which of these statements are correct?
A)
1, 2 and 3 done
clear
B)
1 and 4 done
clear
C)
2, 3 and 4 done
clear
D)
1, 2, 3 and 4 done
clear
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question_answer 70)
Consider the following statements:
1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India. 2. A value of 1 for Gini Coefficient in a country implies that there is perfectly equal income for everyone in its population.
Which of the statements given above is/are correct?
A)
1 only done
clear
B)
2 only done
clear
C)
Both 1 and 2 done
clear
D)
Neither 1 nor 2 done
clear
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question_answer 71)
Consider the following statements:
1. Sensex is based on 50 of the most important stocks available on the Bombay stock Exchange (BSE). 2. For calculating the Sensex, all the stock are assigned proportional weightage. 3. New York Stock Exchange is the oldest stock exchange in the world.
Which of the statements given above is/are correct?
A)
2 only done
clear
B)
1 and 3 done
clear
C)
2 and 3 done
clear
D)
none done
clear
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question_answer 72)
Name the 3 commodities in the Wholesale Price Index.
1. Primary articles 2. Fuel, power, light and lubricants 3. Manufactured products 4. Food articles and industrial raw materials
A)
1, 2 and 3 done
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B)
2, 3 and 4 done
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C)
1, 3 and 4 done
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D)
1 and 3 done
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question_answer 73)
Which of the following measures would result in an increase in the money supply in the economy?
1. Purchase of government securities from the public by the Central Bank
2. Deposit of currency in commercial banks by the public
3. Borrowing by the government from the Central Bank
4. Sale of government securities to the public by the Central Bank
Select the correct answer using the codes given below:
A)
1 only done
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B)
2 and 4 done
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C)
1 and 3 done
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D)
2, 3 and 4 done
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question_answer 74)
A company undertakes a public issue which means that
1. Shares of the company will be issued only through public sector organizations like banks/central financial institutions etc. 2. Shares of the company will be issued to general public through the primary market. 3. Means some stakeholders/promoters are leaving the company and wish to sell their stock to general public.
A)
1 only done
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B)
2 only done
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C)
3 only done
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D)
All 1, 2 and 3 done
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question_answer 75)
What is 'Future Trading'?
1. It is a trade between two stock exchanges wherein it is decided to purchase stocks of each other on a fixed price throughout the year
2. It is an agreement between two parties to buy or sell an underlying asset in the future at a predetermined price
3. It is an agreement between stock exchange that they will not trade in stocks of each other in future or for a predetermined period of time
A)
1 only done
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B)
2 only done
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C)
3 only done
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D)
All 1.2 and 3 done
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question_answer 76)
Brent index is associated with :
(1) crude oil prices (2) copper future prices (3) gold future prices (4) shipping rate index
Which of the following is true?
A)
Only 1 done
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B)
Only 2 done
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C)
Only 3 done
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D)
Only 4 done
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question_answer 77)
Which of the following statements is/ are correct?
1. NIFTY is based upon 50 firms in India. 2. NIFTY is governed and regulated by the Reserve Bank of India. 3. NIFTY does not trade in mutual funds.
Select the correct answer using the codes given below:
A)
Only 1 done
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B)
Only 2 done
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C)
Only 3 done
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D)
1 and 3 done
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question_answer 78)
Which of the following measures should be taken when an economy is going through in inflationary pressures?
1. The direct taxes should be increased. 2. The interest rate should be reduced. 3. The public spending should be increased.
Select the correct answer using the codes given below:
A)
Only 1 done
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B)
Only 2 done
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C)
2 and 3 done
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D)
1 and 2 done
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question_answer 79)
Consider the following statements:
1. High growth will lead to inflation. 2. High growth will lead to deflation.
Which of the statements given above is/are correct?
A)
Only 1 done
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B)
Only 2 done
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C)
Both 1 and 2 done
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D)
Neither 1 nor 2 done
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question_answer 80)
Which of the following are the provisions of SARFAESI Act which enables banks to reduce their non-performing assets (NPAs)?
1. Enforcement of Security Interest by secured creditor (Banks/ Financial Institutions). 2. Transfer of non- performing assets to asset Reconstruction Company which will then dispose of those assets and realise the proceeds. 3. To provide a legal framework for securitization of assets. 4. Assisting banks in making the credibility track record of customers under Credit Information Bureau of India (CIBIL).
A)
1 and 2 done
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B)
1, 2 and 3 done
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C)
2, 3 and 4 done
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D)
1, 2, 3 and 4 done
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question_answer 81)
Recently, one of the well-known market analysts made this statement: "We expect the Reserve Bank of India to continue to ease liquidity" Which among the following instruments can be used by RBI to continue to ease liquidity?
1. Cutting the frequency of Open Market Operations
2. Cutting the Cash Reserve Ratio
3. Cutting the Repo and Reverse Repo rates
Choose the correct options:
A)
Only 1 done
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B)
Only 1 & 2 done
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C)
Only 2 & 3 done
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D)
1, 2 & 3 done
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question_answer 82)
Which one among the following is an appropriate description of deflation?
A)
it is a sudden fall in the value of a currency against other currencies done
clear
B)
It is a persistent recession in the economy done
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C)
It is a persistent fall in the general price level of goods and services done
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D)
It is fall in the rate of inflation over a period of time done
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question_answer 83)
Consider the following statements:
1. Not all banks come under the regulation of Right to Information Act 2. Not all banks come under the Schedule 2 of RBI
Which among the above statements is / are correct?
A)
Only 1 is correct done
clear
B)
Only 2 is correct done
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C)
Both 1 and 2 are correct done
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D)
Neither 1 nor 2 is correct done
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question_answer 84)
Consider the following statements regarding the Office or Economic Advisor (OEA):
1. It is attached to the Ministry of Finance. 2. The weekly compilation and Publication of Wholesale Price Indices (WPI) is done by the Office of Economic Advisor.
Which of the statement(s) given above is/are correct?
A)
Only 1 done
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B)
Only 2 done
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C)
Both 1 and 2 done
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D)
Neither 1 nor 2 done
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question_answer 85)
Consider the following statements regarding Non-Banking Finance Companies (NBFCs):
1. NBFCs can also engage in Micro-Finance Activities. 2. Housing-finance companies form a distinct sub-group of the NBFCs. 3. The deposit insurance facility of the Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors.
Which among the above statement(s) is/are not correct?
A)
Only 1 done
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B)
1 and 3 done
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C)
All of there done
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D)
None of these done
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question_answer 86)
Which among the following are the 'Credit-Rating Agencies' of India?
1. CRISIL
2. CARE
3. ICRA
4. ONICRA
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1 and 3 done
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B)
1, 2 and 3 done
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C)
1, 3 and 4 done
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D)
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question_answer 87)
Which among the following are the wholly/partly owned subsidiaries of the Reserve Bank of India (RBI)?
1. Deposit Insurance and Credit Guarantee Corporation (DICGC) 2. National Housing Bank (NHB) 3. National Bank for Agriculture and Rural Development (NABARD) 4. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)
A)
1 and 4 done
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B)
1, 2 and 4 done
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C)
2, 3 and 4 done
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D)
All of them done
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question_answer 88)
Consider the following statements:
1. Increase in deposit rate results in higher savings 2. Increase in deposit rate results in fall in credit off takes 3. Increase in deposit rate results in increase in investment
Which among the above statements is / are correct?
A)
1 & 2 done
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B)
1 & 3 done
clear
C)
1, 2, 3 done
clear
D)
Only 1 done
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question_answer 89)
Consider the following statements:
1. As per the Basel II accords, Banks have to maintain a minimum 8% CRAR 2. Out of 8% Banks have to keep a Tier I Capital of 5% 3. In India, the Banks are required to keep the CAR of 9% at least.
Which among the above statements is / are correct?
A)
Only 1 done
clear
B)
Only 1 & 2 done
clear
C)
Only 1 & 3 done
clear
D)
All are correct statements done
clear
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question_answer 90)
Consider the following statements:
1. In Minimum Reserve System, RBI had to keep a minimum reserve of Gold worth Rs. 115 Crores and rest in Indian Rupees. 2. The Minimum Requirement of Foreign Securities was diluted when Minimum Reserve System was launched.
Which among the above statement is / are correct?
A)
Only 1 is correct done
clear
B)
Only 2 is correct done
clear
C)
Both of them are correct done
clear
D)
Both of them are incorrect done
clear
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question_answer 91)
Consider the following steps:
1. Banking Department gets currency from the Issue Department
2. Government puts the currency in circulation
3. Central Government incurs a deficit in its Budget
4. Government Sells Treasury Bills to Banking Department of RBI
Which among the following is the correct order of the above steps?
A)
1 2 3 4 done
clear
B)
2 3 4 1 done
clear
C)
3 4 1 2 done
clear
D)
4 3 2 1 done
clear
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question_answer 92)
Consider the following statements:
1. In Narrow Banking Banks just accept deposits and provide loans. 2. In Narrow Banking there is rarely Asset Liability Mismatch
Which among the above statements is/are correct?
A)
Only 1 is correct done
clear
B)
Only 2 is correct done
clear
C)
Both 1 and 2 are correct done
clear
D)
None of them is correct done
clear
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question_answer 93)
Consider the following statements:
1. In Banks, the "Staff Security Deposits" come under Time Liabilities
2. In Banks. "Cash certificates" come under the
Demand Liabilities Which among the above statements is/ are correct?
A)
Only 1 is correct done
clear
B)
Only 2 is correct done
clear
C)
Both 1 and 2 are correct done
clear
D)
Neither 1 nor 2 is correct done
clear
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question_answer 94)
Consider the following:
1. Commercial Banks 2. Central Bank of India 3. Government
Which among the above can create money?
A)
Only 1 done
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B)
Only 1 & 2 done
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C)
Only 3 done
clear
D)
All 1 2 & 3 done
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question_answer 95)
The Non-Votable charges or 'Charged Expenditure' included in the Union Budget include:
1. Salary and Allowances of the Presiding Officers of the houses of Parliament.
2. Salary and Allowances of the Judges of the Supreme Court and High Courts.
3. Salary and Allowances of the CAG.
4. Pension of the retired Judges of the Supreme Court.
5. Pension of the retired Judges of High Courts.
Select the option(s) which is/are correct?
A)
1 and 2 done
clear
B)
1, 2 and 3 done
clear
C)
1, 2, 3 and 4 done
clear
D)
All of them done
clear
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question_answer 96)
Which of the following are among the taxes levied exclusively by the Central Government and are mentioned in the Union List of the Seventh Schedule of the Constitution of India?
1. Corporation Tax 2. Taxes on advertisement in the newspapers 3. Taxes on Agricultural income 4. Taxes on consumption/sale of electricity
A)
Only 2 done
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B)
Only 4 done
clear
C)
1 and 2 done
clear
D)
3 and 4 done
clear
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question_answer 97)
Consider the following taxes:
1. VAT paid during purchase of a type tube for a vehicle
2. Service Tax paid while making payments of dinner in a restaurant
3. Duty paid while importing machinery from abroad which among the above are "direct taxes"?
A)
Only 1 done
clear
B)
1 & 2 done
clear
C)
1, 2 & 3 done
clear
D)
None of them done
clear
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question_answer 98)
Consider the following statements:
1. Deficit financing essentially involves public expenditure in excess of public revenue
2. In Deficit financing, the new currency replaces the old currency
Which among the above statements is/are correct?
A)
Only 1 is correct done
clear
B)
Only 2 is correct done
clear
C)
Both are correct done
clear
D)
Both are incorrect done
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question_answer 99)
Indian Currency Printing Institutions are located in which of the following places?
(1) Nasik (2) Hoshangabad (3) Hyderabad (4) Aurangabad (5) Devas
Select the correct option:
A)
1, 2 and 4 done
clear
B)
1, 2, 3 and 4 done
clear
C)
1, 2, 3 and 5 done
clear
D)
All of the above done
clear
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question_answer 100)
Consider the following statements:
1. There is almost no speculation in the G sec market 2. The Investors in the G Sec Market are predominantly the institutions
Which among the above statements is/are correct?
A)
Only 1 is correct done
clear
B)
Only 2 is correct done
clear
C)
Both 1 & 2 are correct done
clear
D)
Neither 1 nor 2 is correct done
clear
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question_answer 101)
Consider the following:
1. Change in the Reserve Requirements 2. Taxation 3. Government Spending
Which among the above terms are closest to the Fiscal policy?
A)
Only 1 & 2 done
clear
B)
Only 2 & 3 done
clear
C)
Only 1 done
clear
D)
Only 1 & 3 done
clear
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question_answer 102)
Consider the following statements in context with Treasury Bills:
1. They are issued by Government of India on behalf of Reserve Bank of India
2. They are mostly for Short term borrowings
3. Treasury Bills cannot be purchased by any person resident of India
Which among the above is / are correct?
A)
All are correct done
clear
B)
2 & 3 are correct done
clear
C)
Only 2 is correct done
clear
D)
Only 3 is correct done
clear
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question_answer 103)
With reference to inflation in India, which of the following statements is correct?
A)
Controlling the inflation in India is the responsibility of the Government of India only done
clear
B)
The Reserve Bank of India has no role in controlling the inflation done
clear
C)
Decreased money circulation helps in controlling the inflation done
clear
D)
Increased money circulation helps in controlling the inflation done
clear
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question_answer 104)
Consider the following liquid assets:
1. Demand deposit with the banks 2. Time deposit with the banks 3. Savings deposit with the banks 4. Currency
The correct sequences of these assets in the decreasing order of liquidity is:
A)
1-4-3-2 done
clear
B)
4-3-2-1 done
clear
C)
2-3-1-4 done
clear
D)
4-1-3-2 done
clear
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question_answer 105)
Convertibility of rupee implies:
A)
being able to convert rupee notes into gold done
clear
B)
allowing the value of rupee to be fixed by market forces done
clear
C)
freely permitting the conversion of rupee to other currencies and vice versa done
clear
D)
developing an international market for currencies in India done
clear
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question_answer 106)
In the context of Indian economy, consider the following pairs:
Term Most Appropriate description 1. Melt down Fall in stock prices 2. Recession Fall in growth rate 3. Slow down Fall in GDP
Which of the pairs given above is/are correctly matched?
A)
1 only done
clear
B)
2 and 3 done
clear
C)
1 and 3 done
clear
D)
1, 2 and 3 done
clear
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question_answer 107)
The Reserve Bank of India regulates the commercial banks in matters of:
1. Liquidity of assets 2. Branch expansion 3. Merger of banks 4. Winding-up of banks
Select the correct answer using the codes given below.
A)
1 and 4 only done
clear
B)
2, 3 and 4 only done
clear
C)
1, 2 and 3 only done
clear
D)
1, 2, 3 and 4 done
clear
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question_answer 108)
Which of the following grants/grant direct credit assistance to rural households?
1. Regional Rural Banks
2. National Bank for Agriculture and Rural Development
3. Land Development Banks
Select the correct answer using the codes given below.
A)
1 and 2 only done
clear
B)
2 only done
clear
C)
1 and 3 only done
clear
D)
1, 2 and 3 done
clear
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question_answer 109)
When the Reserve Bank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen?
A)
India's GDP growth rate increases drastically done
clear
B)
Foreign Institutional Investors may bring more capital into our country done
clear
C)
Scheduled Commercial Banks may cut their lending rates done
clear
D)
It may drastically reduce the liquidity to the banking system done
clear
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question_answer 110)
In the context of Indian economy, which of the following is/are the purpose/purposes of 'Statutory Reserve Requirements'?
1. To enable the Central Bank to control the amount of advances the banks can create
2. To make the people's deposits with banks safe and- liquid
3. To prevent the commercial banks from making excessive profits
4. To force the banks to have sufficient vault cash to meet their day-to-clay requirements
Select the correct answer using the code given below.
A)
1 only done
clear
B)
1 and 2 only done
clear
C)
2 and 3 only done
clear
D)
1, 2. 3 and 4 done
clear
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question_answer 111)
Consider the following statement regarding concept of money:
1. \[{{M}^{1}}\]Money with the Public (currency notes and coins) + Demand deposits of banks (on current and saving bank accounts) + Other demand deposits with RBI. It is highly liquid and banks will not be able to run their lending programmes on this basis. 2. \[{{M}^{2}}\]: \[{{M}^{1}}\]+ Saving bank deposits with Post-offices. 3. \[{{M}^{3}}\]: \[{{M}^{2}}\] + Term deposits with the bank. 4. \[{{M}^{4}}\]: \[{{M}^{3}}\] + All deposits of Post-offices.
Which among the following is correct?
A)
1, 2, 3, 4 done
clear
B)
1, 2, 3 done
clear
C)
1, 3, 4 done
clear
D)
1, 2, 4 done
clear
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question_answer 112)
The ___ is the total amount of monetary assets available in an economy at a specific time.
1. Money Supply 2. Money Stock 3. Money Demand 4. Stock in Demand
Choose the correct answer from the above code:
A)
1 and 2 done
clear
B)
3 and 4 done
clear
C)
1 and 3 done
clear
D)
2 and 4 done
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question_answer 113)
Consider the following statement:
1. Inflation is a decrease in price of goods
2. Inflation is caused by excess demand in economy
3. Inflation results from excessive increase in the money supply
4. Inflation effects all segments of the economy
Which among the following statement is/are incorrect?
A)
1 only done
clear
B)
2 only done
clear
C)
3 only done
clear
D)
4 only done
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question_answer 114)
Consider the following statement regarding inflation:
1. Inflation is beneficial for senior citizen 2. Inflation is beneficial for fixed income citizen 3. Inflation is beneficial for borrowers
Choose the person who gets the benefit of inflation.
A)
1 only done
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B)
1 and 2 done
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C)
2 only done
clear
D)
3 only done
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question_answer 115)
Which among the followings is the type of inflation?
1. Demand Pull Inflation 2. Cost Push Inflation 3. Stagflation 4. Hyperinflation
Choose the correct type.
A)
1, 2, 3, 4 done
clear
B)
1, 2 done
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C)
3, 4 done
clear
D)
1, 4 done
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question_answer 116)
What is the main cost-push factor in India?
1. Problem of hoarding by traders and black marketeers 2. Taxation which gives the traders an opportunity to raise the prices of goods, the proportion of which is often more than the levy of taxes 3. Administered Prices 4. Hike in Oil Prices
Choose me correct code.
A)
1, 2, 3 done
clear
B)
1, 2, 3, 4 done
clear
C)
1, 2 done
clear
D)
None of the Above done
clear
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question_answer 117)
How is the price level measured?
1. Wholesale Price Index 2. Consumer Price Index 3. Gross Domestic Product (GDP) Deflator 4. Business Price Index
Choose the correct code.
A)
1, 2, 3, 4 done
clear
B)
1, 2, 3 done
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C)
1, 2 done
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D)
1 done
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question_answer 118)
Consider the following statement:
1. Increase in private expenditure 2. Increase in exports 3. Increase in taxation 4. Rapid growth of population
Choose the factor that does not cause an increase in demand of goods and services.
A)
1 only done
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B)
2 only done
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C)
3 only done
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D)
4 only done
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question_answer 119)
What are the causes of inflation?
1. Increase in demand for goods & services 2. Decrease in the supply of goods & services 3. Decrease in demand for goods & services 4. Increase in the supply of goods & services
Choose the correct code.
A)
1 and 2 done
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B)
3 and 4 done
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C)
1 and 4 done
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D)
2 and 3 done
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question_answer 120)
The definition of Wholesale Price Index (WPI) is as follows:
1. The WPI is a weighted average of indices covering 676 commodities, which are traded in primary, 2. Manufacturing and fuel and power-sectors. 3. It is the retail price average of a basket of goods and services directly consumed by the people.
Choose the correct definition.
A)
1 only done
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B)
2 only done
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C)
1 and 2 done
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D)
None of the Above done
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question_answer 121)
What is the difference between Inflation and Deflation?
1. Inflation is an increase in price of goods while Deflation is that state in which the value of money rises and the price of goods and services falls. 2. Deflation is an increase in price of goods while 3. Inflation is that state in which the value of money rises and the price of goods and services falls. Inflation is that state in which the value of money rises and the price of goods and services falls while deflation is an increase in price of goods.
Choose the correct difference between Inflation and Deflation.
A)
1 only done
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B)
2 only done
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C)
3 only done
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D)
1, 2, 3 done
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question_answer 122)
The state of deflation appears in the economy due to various reason:
1 When the Government withdraws money from circulation. 2. When Government imposes heavy direct taxes or takes heavy loans from the public 3. When the Central Bank buys the securities in open market
Choose the correct reason.
A)
1 and 2 done
clear
B)
2 and 3 done
clear
C)
1 and 3 done
clear
D)
1, 2, 3 done
clear
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question_answer 123)
What are the measures of checking deflation?
1. Increasing money supply 2. Promote credit creation by the banks. 3. Curtailment in taxes so as to increase the purchasing power of the people.
Choose the correct measure.
A)
1 only done
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B)
2 only done
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C)
3 only done
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D)
1, 2, 3 done
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question_answer 124)
Which among the following is the type of organizer sector of Indian money market?
1. Call money market 2. Treasury Bill Market 3. Commercial Bill Market 4. Collateral loan market
Choose the correct code.
A)
1 and 2 done
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B)
3 and 4 done
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C)
1, 2, 3, 4 done
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D)
None of the Above done
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question_answer 125)
Consider the following statement:
1. Ad hoc treasury bills are sold to the banks and public and are freely marketable.
2. Regular treasury bills are not sold to the banks and the general public, and are not marketable.
Choose the correct code.
A)
1 only done
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B)
2 only done
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C)
1 and 2 done
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D)
None of the Above done
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question_answer 126)
Certificate of Deposit (CD) and Commercial Paper were introduced by a Bank in March 1989:
1. Reserve Bank of India 2. State Bank of India 3. HDFC Bank 4. ICICI Bank
Choose the name of the Bank.
A)
1 only done
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B)
2 only done
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C)
3 only done
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D)
4 only done
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question_answer 127)
Which among the following are the Nationalised Banks?
1. Bank of India 2. Punjab National Bank 3. Canara Bank 4. United Commercial Bank
Choose the code.
A)
1 and 2 done
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B)
3 and 4 done
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C)
1 and 4 done
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D)
1, 2, 3, 4 done
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question_answer 128)
What are the functions of RBI?
1. Issue of notes 2. Banker to the government 4. Controller of debit 5. Custodian of foreign reserves
Choose the incorrect function of RBI.
A)
1 only done
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B)
2 only done
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C)
3 only done
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D)
4 only done
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question_answer 129)
What are the reforms of Narsimham Committee On banking sector?
1. Nationalisation of banks should not take place any more. 2. Private and foreign banks should be set up promote competition. 3. There should be a phased reduction of CRR and SLR
Choose the correct option.
A)
1 only done
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B)
2 only done
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C)
3 only done
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D)
All of the Above done
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question_answer 130)
Consider the following statement:
1. As per recommendations of the Narasimham Committee, it has been decided that credit facilities granted by banks will be classified into perform and non-performing assets (NPA) 2. NPA is a loan which is in default for more than months.
Choose the incorrect statement.
A)
1 only done
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B)
2 only done
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C)
1 and 2 done
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D)
None of the Above done
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question_answer 131)
Consider the following in regards of types of loan:
1. Draft Loan 2. Term Loan 3. Cash credit 4. Overdraft
Choose the one which is not a loan.
A)
1 only done
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B)
2 only done
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C)
3 only done
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D)
4 only done
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question_answer 132)
_________are conducted by the RBI by selling and buying government securities from banks.
1. Bank rate 2. Cash reserve ratio 3. Open market operations 4. Statutory Liquidity Ratio
Choose the correct code.
A)
1 only done
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B)
2 only done
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C)
3 only done
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D)
4 only done
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question_answer 133)
Who all are the main players in the Indian capital market?
1. Insurance companies 2. Development Finance Institutions (DPI) 3. Non-Banking Finance Companies, (NBFCs) 4. Non-Banking Financial Institutions
Choose the correct option.
A)
1, 2, 3, 4 done
clear
B)
1, 2, 3 done
clear
C)
1, 2, done
clear
D)
1 done
clear
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question_answer 134)
Choose the type of capital market:
1. Securities Market 2. Financial institutions 3. Gill-edged market 4. Incorporated securities
Which among the following code is correct?
A)
1 and 4 done
clear
B)
1 and 3 done
clear
C)
1 and 2 done
clear
D)
3 and 4 done
clear
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question_answer 135)
What all are local authorities?
1. City corporations 2. Municipalities 3. Port trusts
Choose the incorrect option.
A)
1 only done
clear
B)
2 only done
clear
C)
3 only done
clear
D)
None of the Above done
clear
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question_answer 136)
Consider the following statement:
1. Bombay Stock Exchange (BSE) is India?s oldest stock exchange 2. It formally came into being in 1888 3. It was a regional exchange till 2002 when it became a national exchange
Choose the incorrect statement regarding BSE.
A)
1 only done
clear
B)
2 only done
clear
C)
3 only done
clear
D)
None of the Above done
clear
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question_answer 137)
What are the authorities of SEBI?
1. Oversee the working of stock exchanges 2. Regulate merchant banks and mutual funds 3. Register and regulate intermediaries such as stock brokers
Choose the incorrect answer.
A)
1 only done
clear
B)
2 only done
clear
C)
3 only done
clear
D)
None of the Above done
clear
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question_answer 138)
_________ deals with long-term finance (more than 365 days) funds. It includes all facilities and institutional arrangements available for borrowing and lending of term funds (including medium-term).
1. Capital market 2. Stock market 3. Debit 4. Credit
Choose the correct answer.
A)
1 only done
clear
B)
2 only done
clear
C)
3 only done
clear
D)
4 only done
clear
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question_answer 139)
Consider the following statement:
1. GIC was formed in November 1972. 2. The 107 private companies operating in the field were grouped together into four - National Insurance Company, United India Insurance Company, Oriental Insurance Company and New India Assurance Company.
Choose the incorrect statement.
A)
1 only done
clear
B)
2 only done
clear
C)
1 and 2 done
clear
D)
None of the Above done
clear
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question_answer 140)
Name of four commodity exchanges working in the country:
1. National Multi Commodity Exchange 2. Multi Commodity Exchange 3. National commodity and Derivatives Exchange 4. Indian Commodity Exchange
Choose the correct answer.
A)
1 and 2 done
clear
B)
1, 2, 3 done
clear
C)
1, 2, 3, 4 done
clear
D)
None of the Above done
clear
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question_answer 141)
Name of four institutions that are regulated by the RBI as all-India FIs:
1. Export Import Bank of India (EXIM Bank) 2. National Bank for Agriculture and Rural Development (NABARD) 3. National Housing Bank (NHB) 4. Small Industries Development Bank of India (SIDBI)
Choose the correct answer.
A)
1 and 2 done
clear
B)
3 and 4 done
clear
C)
1, 3, 4 done
clear
D)
1, 2, 3, 4 done
clear
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question_answer 142)
Consider the following statement:
1. EXIM bank in India was established on January 1, 1982 2. National Housing Bank was established in July. 1988. 3. SIDBI started its operations from April 2, 1990.
Choose the correct code.
A)
1 only done
clear
B)
2 only done
clear
C)
3 only done
clear
D)
1, 2, 3 done
clear
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question_answer 143)
The ______ bank linkage programme continued to be the main micro-finance model by which the formal banking system reaches micro-entrepreneurs (including farmers).
1. Self-Help Group 2. Indian bank 3. SBI 4. PNB
Choose the correct name of the bank.
A)
1 only done
clear
B)
2 only done
clear
C)
3 only done
clear
D)
4 only done
clear
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question_answer 144)
Consider the following statement.
1. NABARD stands for National Bank for Agriculture and Rural Design 2. NABARD is an apex developmental bank in India. 3. Setting up of NABARD was recommended by the committee to review arrangements for institutional credit for agriculture and rural development, set up by the RBI, under the chairmanship of Shri B. Sivaraman.
Which statement is incorrect?
A)
1 only done
clear
B)
2 only done
clear
C)
3 only done
clear
D)
4 only done
clear
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question_answer 145)
Consider the following statement:
1. IRDA is a multimember nodal agency 2. It is vested with regulatory powers in respect of the insurance sector similar to those vested in SEBI in respect of the capital markets and of RBI for the banking sector. 3. The IRDA Act, 1999 cleared the way for private sector entry into the insurance business.
Choose the correct statement.
A)
1 only done
clear
B)
2 only done
clear
C)
3 only done
clear
D)
All of the Above done
clear
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question_answer 146)
____ is set up to promote liquidity to stocks of small and medium enterprises.
1. Indo Next 2. Interconnected Stock Exchange of India 3. Over the Counter Exchange of India 4. Bombay Stock Exchange
Choose the correct code.
A)
1 only done
clear
B)
2 only done
clear
C)
3 only done
clear
D)
4 only done
clear
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question_answer 147)
Consider the following statement:
1. Capital market deals with long term finance funds. 2. Capital Market includes all facilities and institutional arrangements available for borrowing and lending of term funds (including medium-term). 3. Long-term funds are raised either by borrowing from certain institutions or by issuing securities.
Choose the correct statement.
A)
1 only done
clear
B)
2 only done
clear
C)
3 only done
clear
D)
All of the Above done
clear
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question_answer 148)
What is/are the purpose/purposes of the 'Marginal Cost of Funds based Lending Rate (MCLR)' announced by RBI? [IAS Prelims 2016]
1. These guidelines help improve the transparency in the methodology followed by banks for determining the interest rates on advances.
2. These guidelines help ensure availability of bank credit at interest rates which are fair to the borrowers as well as the banks.
Select the correct answer using the code given below.
A)
1 only done
clear
B)
2 only done
clear
C)
Both 1 and 2 done
clear
D)
Neither 1 nor 2 done
clear
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question_answer 149)
The establishment of 'Payment Banks' is being allowed in India to promote financial inclusion. Which of the following statements is/are correct in this context? [IAS Prelims 2016]
1. Mobile telephone companies and supermarket chains that are owned and controlled by residents are eligible to be promoters of Payment Banks. 2. Payment Banks can issue both credit cards and debit cards. 3. Payment Banks cannot undertake lending activities.
Select the correct answer using the code given below.
A)
1 and 2 only done
clear
B)
1 and 3 only done
clear
C)
2 only done
clear
D)
1, 2 and 3 done
clear
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question_answer 150)
The term 'Core Banking Solutions' is sometimes seen in the news. Which of the following statements best describes/describe this term? [IAS Prelims 2016]
1. It is a networking of a bank's branches which enables customers to operate their accounts from any branch of the bank on its network regardless of where they open their accounts. 2. It is an effort to increase RBI's control over commercial banks through computerization. 3. It is a detailed procedure by which a bank with huge non-performing assets is taken over by another bank.
Select the correct answer using the code given below.
A)
1 only done
clear
B)
2 and 3 only done
clear
C)
1 and 3 only done
clear
D)
1, 2 and 3 done
clear
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question_answer 151)
With reference to 'Bitcoins', sometimes seen in the news, which of the following statements is/are correct? [IAS Prelims 2016]
1. Bitcoins are tracked by the Central Banks of the countries. 2. Anyone with a Bitcoin address can send and receive Bitcoins from anyone else with a Bitcoin address. 3. Online payments can be sent without either side knowing the identity of the other.
Select the correct answer using the code given below.
A)
1 and 2 only done
clear
B)
2 and 3 only done
clear
C)
3 only done
clear
D)
1, 2 and 3 done
clear
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question_answer 152)
With reference to 'IFC Masala Bonds', sometimes seen in die news, which of the statements given below is/are correct? [IAS Prelims 2016]
1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank.
2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector.
Select the correct answer using the code given below.
A)
1 only done
clear
B)
2 only done
clear
C)
Both 1 and 2 done
clear
D)
Neither 1 nor 2 done
clear
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question_answer 153)
With reference to the International Monetary and Financial Committee (IMFC), consider the following statements: [IAS Prelims 2016]
1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work. 2. The World Bank participates as observer in (MFC) meetings.
Which of the statements given above is/are correct?
A)
1 only done
clear
B)
2 only done
clear
C)
Both 1 and 2 done
clear
D)
Neither 1 nor 2 done
clear
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question_answer 154)
DIRECTION: Match List-I with List-II and select the correct answer using the codes given below the lists.
List-I
List-II
[A]
Depression
(1)
Coexistence of inflation and stagnation
[B]
Recession
(2)
Recovery from depression
[C]
Reflation
(3)
Reduction in production over a short period
[D]
Stagflation Leading
(4)
Insufficient demand to idle men and machinery over a long time
(5)
Reduction in level of economy due to falling prices
A)
A-1; B-2; C-3; D-5 done
clear
B)
A-4; B-3; C-2; D-5 done
clear
C)
A-4; B-3; C-2; D-1 done
clear
D)
A-3; B-4; C-2; D-1 done
clear
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question_answer 155)
DIRECTION: Match the following and select the correct answer using the codes given below the lists.
Stock exchange name
Set up Year
i.
NSE
A.
1887
ii.
BSE
B.
1984
iii.
OTCEI
C.
1989
iv.
ISE
D.
1998
A)
I-A, II-B, III-C, IV-D done
clear
B)
I-B, II-A, III-C, IV-D done
clear
C)
I-D, II-C, III-B, IV-A done
clear
D)
I-C, II-B, III-A, IV-D done
clear
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question_answer 156)
DIRECTION: Match the following and select the correct answer using the codes given below the lists.
Goods
Example
i.
Public goods
A.
Primary education
ii.
Merit goods
B.
National defence
iii.
Non-merit goods
C.
Pollution
A)
I-A, II-B, III-C done
clear
B)
I-B, II-A, III-C done
clear
C)
I-C, II-B, III-A done
clear
D)
I-A, II-C, III-B done
clear
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