Many times we see in newspapers that some projects are launched by the government authorities on 'PPP' basis .What is the full from of PPP ?
(a) Preferential Payment Plan
(b) Public-Private Partnership
(c) Partial Payment Project
(d) Popular Private Project
The government of India recently decided to allow Currency Futures in India. In addition to Ministry of Finance which is/are the other organisation(s) Whose permission/approval is needed for such operations in India ?
1. International Monetary Fund (IMF)
2. Reserve Bank of India (RBI)
3. Securities and Exchange Board of India ( SEBI)
A. Only 1
B. Only 2
C. Only 3
D.Only 2 and 3
Ques 3.
The Reserve Bank of India has decided to help banks, as a temporary measure , by providing additional liquidity support under LAF. What is the full form of LAF ?
(a) Loan Adjustment Fund
(b) Liquidity Adjustment Facility
(c) Long Awaited Funds
(d) Loan Against Funds
Que 4.
Which of the following is/are different categories of Inflation ?
1. Open and suppressed
2. Cost push
3. Demand pull
A. Only 1
B. Both 1 and 2
C. Both 2 and 3
D. All of these
Ques 5.
The process of the total valuation of the Financial capital assets of a country is technically known as :
(a) Market Capitalization
(b) Gross Domestic product
(c) Net wealth of the country
(d) Gross Domestic Resources
Ques 6.
Very often we read about special Economic Zones (SEZs) in newspapers. what was the purpose of promoting SEZs in India ?
1. They are established to promote exports.
2. They are established to attract investment from foreign countries
3. They are established to help poorest of the poors in India as the activities of these zones are reserved only for poors and those living below poverty line
A.. Only 1
B. Only 2
C. Only 3
D. Both A and B only
Ques 7.
Which of the following is the full form of the term SLR as used in the banking sector ?
(a) Social Lending Ratio
(b) Statutory Liquidity Ratio
(c) scheduled Liquidity Rate
(d) None of these
Ques 8.
When the common people of a nation start getting very high salary or wages , the consumption of the goods like eatables and white goods, also start increasing .This situation brings which of the following types of inflation in the economy ?
1. Cost push inflation
2. Demand pull inflation
3. Low inflation
A. Only 1 & 3
B. Only 2
C. Only 3
D. All of these
Ques 9.
Which of the following decisions taken by the RBI will promote the concept of financial inclusion in the country ?
(a) To appoint some additional entities as business correspondents
(b) To collect reasonable service charges from the customer in a transparent manner for providing the services
(c) To ask the banks to open at least 50 new accounts daily in non serviced areas
(d) Only A & B'
Ques 10.
The bank rate means :
(a) Rate of interest charged by commercial banks from borrowers
(b) Rate of interest at which commercial banks discounted bills of their borrowers
(c) Rate of interest allowed by commercial banks on their deposits
(d) Rate at which RBI purchases or rediscounts bills of exchange of commercial banks
Ques 11.
Which of the following is/are true about the sub-Prime crists "?
1. It is a Mortgage Crisis referring to credit default by the borrowers
2. Sub-Prime Borrowers were those borrowers who werre rated low and were high risk borrowers
3. This crisis originated of neglience in credit rating of the borrowers
A. Only 1
B. Only 2
C. Only 3
D. All of these
Ques 12.
Many times we read about Future Trading in newspaper .What is Future Trading ?
1. It is nothing but a trade between any two stock exchanges where in it is decided to purchase the stocks of each other on a fixed price throughout the year.
2. It is an agreement between two parties to buy and sell an underlying asset in the future at a predetermined price
3. It is agreement between stock exchange that they will not trade the stocks of each other under any circumstances in future or for a given period of time
A. only 1
B. Only 2
C. Only 3
D. All of these
Ques 13.
Which of the following correctly describes the concept of 'Nuclear Bank' floated by International Atomic Energy Agency ?
1. It is nuclear fuel bank to be shared by all the nation jointly.
2. It is a facility to help nations in enrichment of uranium
3. It is an agency which will keep a close vigil on the nuclear programme of all the nations
A. Only 1
B. Only 2
C. Both 1 and 3 only
D. Only 3
Ques 14.
One of the major emphasis of basel II is that banks should have :
(a) adequate Capital adequacy Ratio
(b) Only few branches in urban centres
(c) more and more branches in rural areas
(d) core banking mode of operations
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