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MCQs

Total Questions : 461 | Page 20 of 47 pages
Question 191. AMFI is dedicated to developing the Indian Mutual Fund Industry on professional, healthy and ethical lines and to enhance and maintain standards in the industry. AMFI stands for
  1.    Authority of Mutual Funds in India
  2.    Association of Mutual Funds in India
  3.    Amalgamation of Mutual Funds in India
  4.    Association of Mutual Finance in India
 Discuss Question
Answer: Option B. -> Association of Mutual Funds in India
Question 192. Providing Gas subsidy, government pensions, providing scholarships etc through banks called as
  1.    Area Banking
  2.    Social Banking
  3.    Royal Banking
  4.    Visual Banking
 Discuss Question
Answer: Option B. -> Social Banking
Question 193. In the IBA Banking Technology Awards 2014, Best Financial Inclusion Initiative award among Public Sector bank conferred on
  1.    SBI
  2.    Corporation Bank
  3.    Andhra Bank
  4.    Bank of Baroda
 Discuss Question
Answer: Option D. -> Bank of Baroda
Question 194. Which bank bagged the Core Banking System Initiative Award for the year 2014 at the Asian Banking and Finance - Retail Banking Awards 2014?
  1.    SBI
  2.    ICICI Bank
  3.    Bharathiya Mahila Bank
  4.    Standard Bank
 Discuss Question
Answer: Option C. -> Bharathiya Mahila Bank
Question 195. Which of the following banking does not come under Social Banking?
  1.    Crediting the LPG subsidy in the beneficiary bank account
  2.    Offering Jan Dhan Scheme accounts
  3.    Allowing students to credit their scholarships through No-frill accounts
  4.    Allowing the subsidy loan to disadvantage sections of the society
 Discuss Question
Answer: Option C. -> Allowing students to credit their scholarships through No-frill accounts
Question 196. RBI Provides ____ for meeting day - to - day receipt and expenditure mismatch to both Central and State Governments.
  1.    Treasury bills
  2.    Ways and Means advance
  3.    Date and securities
  4.    None of these
 Discuss Question
Answer: Option B. -> Ways and Means advance
Question 197. RBI known as lender of last resort because:
  1.    It has to meet the credit need of citizens to whom no one else is willing to lend
  2.    Banks lend to go to RBI as a last resort
  3.    It comes to help banks in times of crisis
  4.    None of these
 Discuss Question
Answer: Option C. -> It comes to help banks in times of crisis
Question 198. These days RBI uses Selective credit control measures rather infrequently because of:
  1.    Deregulation of functions
  2.    Autonomy given to banks
  3.    Comfortable liquidity
  4.    Reasonable inflation level
  5.    All the above
 Discuss Question
Answer: Option E. -> All the above
Question 199. Which is incorrect with regard to powers of RBI
  1.    Holds cash reserve banks
  2.    Controls banking system through licensing
  3.    Supervises Banking system through inspection
  4.    None of these
 Discuss Question
Answer: Option D. -> None of these
Question 200. Intervenes in markets to maintain the external value of the Indian rupee
  1.    Exporters
  2.    Importers
  3.    RBI
  4.    IMF
 Discuss Question
Answer: Option C. -> RBI

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