Current Affairs

GK MCQs Section

Page-6 of Archives: May, 2015

“No Risk, No reward”. This quote is most closely associated with

“No Risk, No reward”. This quote is most closely associated with__? [A]Risk Diversification [B]Collateral Damage [C]Risk-return trade-off [D]None of the above Show Answer Risk-return trade-off The principle of...

May 30, 2015

Which of the following is NOT a correct statement about Loans?

Which of the following is NOT a correct statement? [A]Interest rates on unsecured loans is higher than the secured loans [B]Mortgage Loan is a kind of secured loan...

May 30, 2015

Which of the following is also known as Contingent Liability of the banks?

Which of the following is also known as Contingent Liability of the banks? [A]Cash Credits [B]Non-fund based lending [C]Fund Based lending [D]Cash Reserve Ratio Show Answer Non-fund based...

May 30, 2015

Which of the following is / are examples of Credit Creation by banks?

Which of the following is / are examples of Credit Creation by banks? [A]Advancing loans [B]Purchasing securities [C]Selling securities [D]Only A and B Show Answer Only A and...

May 30, 2015

NABARD administers a fund called Rural infrastructure Development Fund (RIDF). What is the major source of its funding?

NABARD administers a fund called Rural infrastructure Development Fund (RIDF). What is the major source of its funding? [A]Penalties levied on domestic commercial banks who fail to meet...

May 30, 2015

Who monitors Priority Sector Lending (PSL) in commercial banks?

Who monitors Priority Sector Lending (PSL) in commercial banks? [A]Reserve Bank of India (RBI) [B]Small Industries Development Bank of India (SIDBI) [C]National Bank for Agriculture and Rural Development...

May 30, 2015

What is the loan limit for education under Priority Sector Lending (PSL) for studying in India and abroad respectively?

What is the loan limit for education under Priority Sector Lending (PSL) for studying in India and abroad respectively? [A]Rs. 20 lakh, Rs. 10 Lakh [B]Rs. 10 lakh,...

May 30, 2015

Types of Non-Banking Financial Companies (NFBC)

All NBFCs are either deposit taking or Non-deposit taking. If they are non-deposit taking, ND is suffixed to their name (NBFC-ND). The NBFCs which have asset size of...

May 29, 2015

GK & Current Affairs: May 23, 24, 2015

1. On which date International Day for Biodiversity is observed? [A]May 20 [B]May 21 [C]May 22 [D]May 23 Answer: May 22Notes: International Day for Biological Diversity is observed...

May 29, 2015

The Bhubaneswar declaration is associated with which organization?

The Bhubaneswar declaration is associated with which organization? [A]ASEAN [B]IORA [C]SAARC [D]WTO Show Answer IORA The Bhubaneswar declaration was adopted by Indian Ocean Rim Association (IORA). The Bhubaneswar...

May 29, 2015

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