MCQs
Total Questions : 131
| Page 13 of 14 pages
Answer: Option B. -> 1993
Answer: (b)
Answer: (b)
Question 122. Consider the following statements with regard to Statutory Liquidity Ratio (SLR)
- To meet SLR, Commercial banks can use cash only.
- SLR is maintained by the banks with themselves.
- SLR restricts the banks leverage in pumping more money into the economy.
Answer: Option A. -> 2 and 3
Answer: (a)SLR used by bankers indicates the minimum percentage of deposits that the banks have to maintain in the form of gold, cash or other approved government securities.
Answer: (a)SLR used by bankers indicates the minimum percentage of deposits that the banks have to maintain in the form of gold, cash or other approved government securities.
Answer: Option C. -> 1 only
Answer: (c)
Cooperative Banks operate on no profit no loss basis, and they operate in all sectors including agriculture sector.
NABARD is not a Cooperative Bank. National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India.
Answer: (c)
Cooperative Banks operate on no profit no loss basis, and they operate in all sectors including agriculture sector.
NABARD is not a Cooperative Bank. National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India.
Answer: Option A. -> the RBI gives credit to the commercial banks.
Answer: (a)Bank rate is that rate at which RBI gives credit to Commercial Banks.
Answer: (a)Bank rate is that rate at which RBI gives credit to Commercial Banks.
Answer: Option D. -> Kolkata, West Bengal
Answer: (d)Bandhan Bank was incorporated on 23 December 2014 as a wholly owned subsidiary of Bandhan Financial Holdings with its headquarters at Kolkata, West Bengal, India.
Answer: (d)Bandhan Bank was incorporated on 23 December 2014 as a wholly owned subsidiary of Bandhan Financial Holdings with its headquarters at Kolkata, West Bengal, India.
Answer: Option D. -> SEBI
Answer: (d)
Answer: (d)
Answer: Option A. -> No impact on domestic prices
Answer: (a)
Devaluation is a deliberate downward adjustment to the value of a country’s currency, relative to another currency, group of currencies. Since it is relative to other currencies so the internal price remains unchanged.
It causes a country’s exports to become less expensive and imports more expensive.
Answer: (a)
Devaluation is a deliberate downward adjustment to the value of a country’s currency, relative to another currency, group of currencies. Since it is relative to other currencies so the internal price remains unchanged.
It causes a country’s exports to become less expensive and imports more expensive.
Answer: Option B. -> Industrial and Commercial Bank of China (ICBC)
Answer: (b)Industrial and Commercial Bank of China is the Largest Banks in the World with total assets of 3616.39 billion USD.
Answer: (b)Industrial and Commercial Bank of China is the Largest Banks in the World with total assets of 3616.39 billion USD.
Answer: Option C. -> Demand
Answer: (c)The abbreviation of Net Demand and Time Liabilities is NDTL, in which ‘D’ stands for demand.
Answer: (c)The abbreviation of Net Demand and Time Liabilities is NDTL, in which ‘D’ stands for demand.
Question 130. Consider the following statements in regard to ‘RESIDEX’:
Which of the statements given above is/are correct?
- The index is prepared to track the prices of residential properties in India on the basis of actual transaction prices.
- The index is prepared from the secondary data available from various sources like housing, finance companies and banks.
Which of the statements given above is/are correct?
Answer: Option A. -> Both 1 and 2
Answer: (a)
At present, the index is being developed only for the residential housing sector. However, at a later stage, the index could be expanded to develop separate indices for commercial property and land.
Primary data on housing prices is being collected from real estate agents by commissioning the services of private consultancy/research organisations of national repute.
In addition, data on housing prices is also being collected from the housing finance companies and banks, which is based on housing loans contracted by these institutions.
Answer: (a)
At present, the index is being developed only for the residential housing sector. However, at a later stage, the index could be expanded to develop separate indices for commercial property and land.
Primary data on housing prices is being collected from real estate agents by commissioning the services of private consultancy/research organisations of national repute.
In addition, data on housing prices is also being collected from the housing finance companies and banks, which is based on housing loans contracted by these institutions.
Latest Videos
Latest Test Papers
Login With Google
Old way of Login
Login With Email