Q1. The central banking
functions in India are performed by the...........?
1. Central Bank of India
2. Reserve Bank of India
3. State Bank of India
4. Punjab National Bank
(a) 1, 2 and 3
(b) 2
(c) 1
(d) 2 and 4
(e) None of the above
Q2. If the cash reserve
ratio is lowered by the RBI, its impact on credit creation will be to
(a)
increase it
(b) decrease it
(c) no impact
(d) constant
(e) None of the above
Q3. RBI has reduce by
one percentage point the Statutory Liquidity Ratio required to be maintained by
banks to 23%. In what form is this stipulation reacquired to be fulfilled?
(a)
Banks are required to keep the amountin approved government securities of the
appropriate value
(b) The amount to be
maintained in cash and securities with RBI
(c) The required amount
is to be maintained in gold with RBI
(d) All of the above
(e) None of the above
Q4. The financial year for banks
is April-March, but what is the financial year for RBI?
(a) January - December
(b) April - March
(c)
July - June
(d) October - September
(e) June-May
Q5. Which of the following
rates/ratios is not covered under the RBI monetary and credit policy?
(a) Bank rate
(b)
Exchange rate of foreign currencies
(c) Repo rate
(d) Reverse repo rate
(e) Cash reserve ratio
Q6. Proposals for setting up
of new banks are under active consideration. Which organisation gives the
permission?
(a)
RBI
(b) Indian Banks
Association
(c) Finance Ministry
(d) Cabinet Committee on
Economic Affairs
(e) None of the above
Q7. Which of the
following rates is decided by the market conditions and not by RBI?
(a) Bank rate
(b) SLR
(c) CRR
(d)
Inflation rate
(e) None of the above
Q8. An average citizen cannot
open a Savings account in which of the following?
(a) Commercial bank
(b) Post office
(c) Co-operative bank
(d)
RBI
(e) None of the above
Q9. As per the existing
policy, the Cash Reserve Ratio (CRR) of scheduled banks is fixed at a certain
percentage of their NDTL. What is full form of NDTL?
(a) New Demand and
Tenure Liabilities
(b)
Net Demand and Time Liabilities
(c) National Deposits
and Total Liquidity
(d) Net Duration and
Total Liquidity
(e) New Deposits and
Term Liquidity
Q10. Which of the following
rates signals the RBI’s long-term outlook on interest rates?
(a) Repo rate
(b) Reverse repo rate
(c)
Bank rate
(d) SLR
(e) CRR
Q11. Which of the following
organisation release World Economic Outlook report?
(a) World Bank
(b)
IMF
(c) UNDP
(d) WTO
(e) None of the above
Q12. ICRA, CRISIL and
Standard and Poor’s (S&P) are?
(a)
Credit rating agencies
(b) NGOs
(c) Financial
Institutions
(d) NBFCs
(e) None of the above
Q13. The Nippon Ginko is
the Central Bank of?
(a) South Korea
(b)
Japan
(c) China
(d) Taiwan
(e) None of the
above
Q14. “Primary
Deficit”refers to?
(a)
Fiscal Deficit minus Interest Payments
(b) Budget Deficit minus
Interest Payments
(c) Monetary Deficit
minus Interest Payments
(d) Deficit Financing by
91 day ad hoc treasury bills
(e) None of the above
Q15. Open market operations
are mainly used as ______?
(a) A fiscal device
which assists Government borrowing
(b) A
monetary measure to regulate quantity of money in circulation and the cash
reserves of the commercial banks
(c) A measure to
counteract extreme trends in business
(d) A measure to
influence the balance of payments position
(e) None of the above
No comments:
Post a Comment