MCQs
Total Questions : 131
| Page 3 of 14 pages
Answer: Option C. -> Structured
Answer: (c)SFMS stands for Structured Financial Messaging System.
Answer: (c)SFMS stands for Structured Financial Messaging System.
Answer: Option A. -> Chennai
Answer: (a)Indian Bank is an Indian state-owned financial services company established in 1907 and headquartered in Chennai, India.
Answer: (a)Indian Bank is an Indian state-owned financial services company established in 1907 and headquartered in Chennai, India.
Answer: Option A. -> Reserve Bank of India
Answer: (a)The Banking Ombudsman is a senior official appointed by the Reserve Bank of India to redress customer complaints against deficiency in certain banking services.
Answer: (a)The Banking Ombudsman is a senior official appointed by the Reserve Bank of India to redress customer complaints against deficiency in certain banking services.
Answer: Option B. -> RBI
Answer: (b)
In India, ‘Report on Currency and Finance’ is the annual publication of the Reserve Bank of India.
The report highlights the evaluation or devaluation of the Rupee as a currency along with its other aspects and projects the financial condition of the economy.
SEBI: Regulator for the security market in India. Headquarters (Mumbai)
Finance commission: formed to define the financial relationship between the centre and state.
Headquarters: New Delhi Finance
Ministry: An important ministry their the Govt. of India concerned with the economy of India.
Answer: (b)
In India, ‘Report on Currency and Finance’ is the annual publication of the Reserve Bank of India.
The report highlights the evaluation or devaluation of the Rupee as a currency along with its other aspects and projects the financial condition of the economy.
SEBI: Regulator for the security market in India. Headquarters (Mumbai)
Finance commission: formed to define the financial relationship between the centre and state.
Headquarters: New Delhi Finance
Ministry: An important ministry their the Govt. of India concerned with the economy of India.
Answer: Option B. -> Insurance
Answer: (b)
Answer: (b)
Answer: Option A. -> All of these
Answer: (a)
Answer: (a)
Question 27. Which of the following definitions are in correct?
- Basis points: increase in interest rates in percentage terms.
- Repo rate: rate at which commercial banks borrow from the RBI by selling their securities or financial assets to the RBI for a longperiod of time.
- Reverse repo rate: rate of interest at which the central bank borrows funds from commercial banks for a short duration.
- Cash reserve ratio: minimum percentage of cash deposits that banks must keep with itself to avoid liquidity issues.
Answer: Option A. -> (ii) & (iv)
Answer: (a)
Basis points: It is the increase in interest rates in percentage terms.
Repo rate: Repo rate is the policy rate and is part of RBI’s Liquidity Adjustment Facility (LAF). It is the rate at which commercial banks borrow from the RBI by selling their securities or financial assets to the RBI for a short period of time.
Reverse repo rate: Reverse Repo Rate is also a part of LAF. It is the rate of interest at which the central bank borrows funds from commercial banks for a short duration.
Cash reserve ratio: CRR is the minimum percentage of cash deposits that banks must keep with the central bank.
Answer: (a)
Basis points: It is the increase in interest rates in percentage terms.
Repo rate: Repo rate is the policy rate and is part of RBI’s Liquidity Adjustment Facility (LAF). It is the rate at which commercial banks borrow from the RBI by selling their securities or financial assets to the RBI for a short period of time.
Reverse repo rate: Reverse Repo Rate is also a part of LAF. It is the rate of interest at which the central bank borrows funds from commercial banks for a short duration.
Cash reserve ratio: CRR is the minimum percentage of cash deposits that banks must keep with the central bank.
Answer: Option B. -> The Central Government
Answer: (b)
The responsibility for coinage lies with the central government on the basis of the Coinage Act, 1906.
The designing and minting of coins in various denominations are decided by the Central government. Except for one rupee note & coin, all the currencies are minted by RBI.
In one rupee note, the RIB signature of the RBI Governor of currency is held in 4 places Hyderabad, Mumbai, Kolkata & Noida.
Answer: (b)
The responsibility for coinage lies with the central government on the basis of the Coinage Act, 1906.
The designing and minting of coins in various denominations are decided by the Central government. Except for one rupee note & coin, all the currencies are minted by RBI.
In one rupee note, the RIB signature of the RBI Governor of currency is held in 4 places Hyderabad, Mumbai, Kolkata & Noida.
Answer: Option B. -> Foreign Institutional Investors
Answer: (b)
Answer: (b)
Answer: Option B. -> Statutory Liquid Ratio (SLR)
Answer: (b)
Answer: (b)
Latest Videos
Latest Test Papers
Login With Google
Old way of Login
Login With Email