a) Bank
b) Government of India
c) Share Market
d) State Government
e) None of The Above
a) 5 October, 1936
b) 7 October, 1936
c) 4 October, 1965
d) 2 October, 1975
e) None of The Above
Q3. Which of the following is not a part of India's Money Market?
a) Bill Markets
b) Call Money Market
c) Indian Gold Council
d) Mutual Funds
e) None of The Above
Q4. Which among the following is not a Government sponsored organization?
a) SIDBI
b) NABARD
c) NHB
d) ICICI Bank
e) None of The Above
Q5. In India which agency is entrusted with collection of data of capital information:
a) RBI
b) SBI
c) NABARD
d) CSO
e) None of The Above
a) RBI
b) SBI
c) NABARD
d) CSO
e) None of The Above
Q6. Which of the following statements are true about LAF:
a) LAF stands for Liquidity Adjustment Facility
b) A tool which allow banks to borrow money through repurchase agreements
c) It was introduced by RBI during 2000, to ensure smooth transaction & keeping pace with technological up-gradation
d) Both (a) and (b)
e) All of The Above
a) LAF stands for Liquidity Adjustment Facility
b) A tool which allow banks to borrow money through repurchase agreements
c) It was introduced by RBI during 2000, to ensure smooth transaction & keeping pace with technological up-gradation
d) Both (a) and (b)
e) All of The Above
Q7. The concept of price elasticity of demand measures:
a) the slope of the demand curve
b) the number of buyers in a market
c) the extent to which the demand curve shifts as a result of a price decline
d) the sensitivity of consumers to price changes
e) None of The above
a) the slope of the demand curve
b) the number of buyers in a market
c) the extent to which the demand curve shifts as a result of a price decline
d) the sensitivity of consumers to price changes
e) None of The above
Q8. In which process the money can be immediately transferred from one bank account to another by the use of paper money?
a) NEFT
b) EFT
c) RTGS
d) Open Market Operations
e) None of The Above
a) NEFT
b) EFT
c) RTGS
d) Open Market Operations
e) None of The Above
Q9. Which of the following is called the soft loan window of World Bank?
a) IMF
b) International Finance Corporation
c) IDA
d) All of The Above
e) None of The Above
a) IMF
b) International Finance Corporation
c) IDA
d) All of The Above
e) None of The Above
Q10. Micro Credit in India comes under:
a) Private Banking
b) NBFC
c) Rural Banking
d) Cooperative Banking
e) None of The Above
a) Private Banking
b) NBFC
c) Rural Banking
d) Cooperative Banking
e) None of The Above
Q11. Counter Vailing Duties is:
a) Duties imposed on all exports
b) Duties imposed on all imports
c) Duties imposed on imports to prevent unfair trading
d) All of The Above
e) None of The Above
a) Duties imposed on all exports
b) Duties imposed on all imports
c) Duties imposed on imports to prevent unfair trading
d) All of The Above
e) None of The Above
Q12. Fiscal Deficit means:
a) level of support extended by RBI to Government borrowing program
b) Gap between Government total spending and sum of its revenue receipts and non debt capital receipts
c) Primary Deficit minus Interest payments
d) All of The Above
e) None of The Above
a) level of support extended by RBI to Government borrowing program
b) Gap between Government total spending and sum of its revenue receipts and non debt capital receipts
c) Primary Deficit minus Interest payments
d) All of The Above
e) None of The Above
Q13.Which of the following nation is considered originator of Micro Finance:
a) India
b) Bangladesh
c) South Africa
d) U.S.A
e) None of The Above
a) India
b) Bangladesh
c) South Africa
d) U.S.A
e) None of The Above
Q14. Which one of the following is not measure to control inflation:
a) Increase production in agriculture
b) Curb on hoarding and Black Marketing
c) Allow more FDI
d) All of The Above
e) None of The Above
a) Increase production in agriculture
b) Curb on hoarding and Black Marketing
c) Allow more FDI
d) All of The Above
e) None of The Above
Q15. Which one of the following is not a part of schedule banking in India:
a) Money Lender
b) Regional Rural Bank
c) Private Sector Bank
d) Government Sector Bank
e) None of The Above
a) Money Lender
b) Regional Rural Bank
c) Private Sector Bank
d) Government Sector Bank
e) None of The Above
Q16. Which of the following institute is not related with Finance or Economic:
a) WTO
b) WHO
c) IDA
d) IBRD
e) None of The Above
a) WTO
b) WHO
c) IDA
d) IBRD
e) None of The Above
Q17. Which of following bank has been merged with ICICI in August, 2010:
a) Bank of Maharashtra
b) Karnataka Bank Limited
c) Bank of Madurai Limited
d) Bank of Rajasthan
e) None of The Above
a) Bank of Maharashtra
b) Karnataka Bank Limited
c) Bank of Madurai Limited
d) Bank of Rajasthan
e) None of The Above
Q18. Invisible export means export of:
a) Unrecorded Goods
b) Prohibited Goods
c) Goods through Smuggling
d) Services
e) None of The Above
a) Unrecorded Goods
b) Prohibited Goods
c) Goods through Smuggling
d) Services
e) None of The Above
Q19. Which of the following are the benefits of Currency Chest?
a) To avoid frequent movement of cash
b) To make payment requirement of the government
c) To meet currency requirement of public
d) Only (a)
e) Both (b) and (c)
a) To avoid frequent movement of cash
b) To make payment requirement of the government
c) To meet currency requirement of public
d) Only (a)
e) Both (b) and (c)
Q20. In stock market there is a term used 'Chicken Market'. What does a 'Chicken' mean in Chicken Market?
a) An investor who earns profit from rising market
b) An investor who earns less from rising market
c) An investor who is not much risk lover
d) An investor, who has deep knowledge of market
e) None of The Above
a) An investor who earns profit from rising market
b) An investor who earns less from rising market
c) An investor who is not much risk lover
d) An investor, who has deep knowledge of market
e) None of The Above
Chicken market is one of the stock market trends. We mostly know about bearish market which represents downward trend and bullish market represents upward trend. In Chicken market there is no significant movement of the stock market Index.
Q21. India signed its first TIEA with Bermuda. What does "I" stands in TIEA?
a) Interview
b) Information
c) Indication
d) Intellectual
e) None of The Above
a) Interview
b) Information
c) Indication
d) Intellectual
e) None of The Above
TIEA stands for Tax Information Exchange Agreement
Q22. As per RBI guidelines, investment in which among the following is the Most Risk Free Asset of a bank?
a) Home Loans
b) Loan against Jewellery
c) Venture Capital Investment
d) Government approved Securities
e) None of The Above
Q23. Monetary Policy is the process by which government, central bank of a country controls:
a) The supply of Money
b) Cost of Money or Rate of Interest
c) Availability of Money
d) All of The Above
e) None of The Above
a) Total Trade
b) Difference between Imports and Exports
c) The profit earned by a trader
d) Cost price plus profit
e) None of The Above
a) Dear Money Policy
b) Closed Money Policy
c) Cheap Money Policy
d) Open Money Policy
e) None of The Above
==>> Download Banking Awareness Guide
a) Home Loans
b) Loan against Jewellery
c) Venture Capital Investment
d) Government approved Securities
e) None of The Above
a) The supply of Money
b) Cost of Money or Rate of Interest
c) Availability of Money
d) All of The Above
e) None of The Above
Monetary Policy is a process by which the monetary authority of a country controls the supply of money, often targeting rate of interest for the purpose of promoting economic growth and stability.Q24. What is meant by Balance of Trade?
a) Total Trade
b) Difference between Imports and Exports
c) The profit earned by a trader
d) Cost price plus profit
e) None of The Above
Balance of Trade is the difference between the monetary value of exports and imports of output in an economy over a certain period.Q25. Increase in Repo Rate indicates:
a) Dear Money Policy
b) Closed Money Policy
c) Cheap Money Policy
d) Open Money Policy
e) None of The Above
Dear Money policy indicates restriction of money supply in an economy by the central bank.
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