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Total Questions : 461 | Page 26 of 47 pages
Question 251. Which of the following cannot be called as a value Added Service offered by bank?
  1.    Special Accounts for poor sections of society
  2.    Accident Insurance Cover
  3.    Instant credit of outstations cheques
  4.    Free cheque books
 Discuss Question
Answer: Option D. -> Free cheque books
Question 252. What is the full form of 'FINO', a term we see frequently in financial newspapers?
  1.    Financial Investment Network and Operations
  2.    Farmer's Investment in National Organization
  3.    Farmers Inclusion News and Operations
  4.    Financial Inclusion Network and Operations
 Discuss Question
Answer: Option A. -> Financial Investment Network and Operations
Question 253. The minimum number of women required for formation of women groups under Development of women and children in Rural Areas Programme is?
  1.    20
  2.    15
  3.    10
  4.    5
 Discuss Question
Answer: Option C. -> 10
Question 254. Which of the following banks is limited to the needs of agriculture and rural finance?
  1.    RBI
  2.    SBI
  3.    IFC
  4.    NABARD
 Discuss Question
Answer: Option D. -> NABARD
Question 255. With an aim to provide better services to the debit card holders, the Reserve Bank of India (RBI) has directed all commercial and public sector banks to introduce new Automated Teller Machines (ATM) that can deliver lower denomination notes such as?
  1.    Rs 10
  2.    Rs. 20
  3.    Rs. 50
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 256. Open-market operations of Reserve Bank of India refer to?
  1.    Trading in securities
  2.    Auctioning
  3.    Transaction in gold
  4.    All of the above
 Discuss Question
Answer: Option A. -> Trading in securities
Question 257. The Reserve Bank hiked the limit for foreign investment in Asset Reconstruction Companies (ARCs) from the earlier cap of 49 percent to?
  1.    74 %
  2.    47 %
  3.    57 %
  4.    72 %
 Discuss Question
Answer: Option A. -> 74 %
Question 258. The World Trade Organization (WTO) deals with the global rules of trade between nations. Who is the Director General of WTO?
  1.    Roberto Azevedo
  2.    Christine Legarde
  3.    Raghuram Rajan
  4.    Oliver Ralph Kahn
 Discuss Question
Answer: Option A. -> Roberto Azevedo
Question 259. Which of the following has introduced a new tool named Data Warehousing and Business Intelligence System for speedy analysis of data and identification of violations?
  1.    IRDA
  2.    SBI
  3.    RBI
  4.    TRAI
 Discuss Question
Answer: Option B. -> SBI
Question 260. RBI on October, 7th 2013, has reduced Marginal Standing Facility (MSF) rate from 9.5% to 9% to improve liquidity in the system. What is MSF?
  1.    MSF rate is the rate at which banks lodge funds overnight with RBI buying approved government securities.
  2.    MSF rate is the rate at which banks borrow funds overnight from other banks against approved government securities.
  3.    MSF rate is the rate at which banks borrow funds overnight from RBI against approved government securities.
  4.    MSF rate is the minimum rate at which banks lend to the borrowers.
 Discuss Question
Answer: Option C. -> MSF rate is the rate at which banks borrow funds overnight from RBI against approved government securities.

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