Quiz 163: Questions for Banking Examinations July 22, 2009 1. Exim Bank was established in the year:19801982199119922. Which of the following is correct about a rupee coin in India?Its face value is higher than its metallic valueIts metallic value is higher than its face valuethe metallic value and face value are equalnone of the above3. Which among the following is correct about legal tender of coins in India?Rupee & Half Rupee coins have unlimited legal tender while smaller coins have limited legal tenderRupee & Half Rupee coins have limited legal tender while smaller coins have unlimited legal tenderall coins have unlimited legal tendernone of the above4. Which among the following price indices is available on a weekly basis?Consumer price Index for Rural LaborersConsumer Price Index for Industrial WorkersWholesale Price IndexNone of the above5. Which of the following is the most active instrument of organized money market in India?Call Money MarketTreasury BillsCPs & CDs (commercial papers & Certificates of deposits)None of the above6. Which among the following is INCORRECT regarding the Prime Lending Rate (PLR) in India ?It is the lowest rate of Interest that a bank charges from its best customers.RBI is the sole authority to announce PLR for public sector banks in IndiaNormally loans are higher than the PLRNone of the above7. The proportion of a bank’s total assets that is held in the form of shareholders equity and certain other defined classes of capital is called as _______? Statutory Liquidity RatioCapital Adequacy RatioCapital Gearing RatioNone of the above8. Corporate Tax is a kind of _______?Direct taxIndirect taxSales taxVAT9. Which article of Indian Constitution mandates presenting a statement of estimated receipts and expenditures of the Government for one financial year? Article 110Article 111Article 112Article 11310. In which Financial Year, Service Tax was introduced to address the asymmetric and distortion treatment of goods & services in the tax framework?1991-921993-941994-951997-98Submit Test « Previous Next »