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BANKING NEWS MCQs

Banking, Banking Awareness

Total Questions : 234 | Page 20 of 24 pages
Question 191. Which of the following mentioned options below is not a money market instrument?
  1.    Treasury Bills
  2.    Commercial Paper
  3.    Certificate of Deposit
  4.    Equity Share
 Discuss Question
Answer: Option D. -> Equity Share




Question 192. Among the following mentioned options, Reverse Repo is a tool used by RBI to
  1.    Inject liquidity
  2.    Absorb liquidity
  3.    Increase the liquidity with banking system
  4.    To keep the liquidity at one level
 Discuss Question
Answer: Option B. -> Absorb liquidity




Question 193. Among which of the following Ministries, Department of Economic Affairs is passed for?
  1.    Ministry of Home Affairs
  2.    Ministry of Rural Development
  3.    Ministry of Planning
  4.    Ministry of Heavy Industries and Public Enterprises
  5.    None of the Above
 Discuss Question
Answer: Option E. -> None of the Above




Question 194. Among the following mentioned options, poor children use which of the following options as there "saving bank?
  1.    Core banking
  2.    Credit banking
  3.    Debit banking
  4.    Merchant banking
  5.    Piggy banking
 Discuss Question
Answer: Option E. -> Piggy banking




Question 195. The first wholly Indian Bank was set up in
  1.    1794
  2.    1894
  3.    1896
  4.    1902
 Discuss Question
Answer: Option B. -> 1894




Question 196. Which of the following schemes has been launched for the school-going children?
  1.    Lok Jumbish
  2.    Mid-Day Meal
  3.    Ayush
  4.    SarvaShikshaAbhiyan
 Discuss Question
Answer: Option B. -> Mid-Day Meal




Question 197. Deficit financing means that the government borrows money from the
  1.    RBI
  2.    local bodies
  3.    big businessmen
  4.    IMF
 Discuss Question
Answer: Option A. -> RBI




Question 198. Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfer are
  1.    tax sharing
  2.    grant-in-aids
  3.    loans
  4.    All the above
 Discuss Question
Answer: Option D. -> All the above




Question 199. In pursuance with the recommendations of Narasimhan Committee, the RBI has framed new guidelines
  1.    to govern entry of new private sector banks to make the banking sector more competitive
  2.    to reduce the freedom given to banks to rationalize their existing branch network
  3.    to setup more foreign exchange banks
  4.    to lend more easily for industrial development
 Discuss Question
Answer: Option A. -> to govern entry of new private sector banks to make the banking sector more competitive




Question 200. Which of the following is NOT a banking related term?
  1.    Radiation
  2.    Outstanding Amount
  3.    Explicit Guarantee
  4.    Benchmark Prime Lending Rate
 Discuss Question
Answer: Option A. -> Radiation




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