Quiz 109 : Finance & Economy Current Affairs for Bank PO

Which among the following would follow when RBI cuts the CRR?

Stress on money markets would increase

Stress on money markets would decrease

Banks will need to invest more in Government Securities

Banks will need to increase the interest rates

Consider the following countries:

Which among the above are members of both ASEAN and East Asia Summit?

1 & 2

2 & 3

1, 2 & 3

1, 2, 3 & 4

Which among the following gives a precise definition of” Arbitrage” in Financial World?

To profit from an existing discrepancy among prices, exchange rates, and/or interest rates on Different Markets without risk of these changing

To profit from an existing discrepancy among prices, exchange rates, and/or interest rates on Same market without risk of these changing

To profit from an existing discrepancy among prices, exchange rates, and/or interest rates on new techniques or products in same market.

All the above

RBI uses the policy instrument Reverse Repo for which of the following reasons?

Choose the correct option:

1 & 2

2 & 3

1, 2 & 3

1 & 3

Exchangeable Bonds are Bonds which can be exchanged with________?

Equity Shares of a single company

Equity Shares of a group company

Both of them

None of the above

Which of the following is / are traded on National Spot Exchange of India?

Choose the correct option:

1 & 2 Only

2 & 3 Only

2 only

1 & 3 Only

Which among the following defines Hyperinflation?

Cumulative inflation rate over three years approaching 100% to “inflation exceeding 50% a month

Cumulative inflation rate over five years approaching 100% to “inflation exceeding 50% a month

Growth in Inflation Level of 100 % in 3 years

Growth in Inflation Level of 100 % in 1 year