Quiz 211 : Banking & Financial Awareness

1.Recently we read in the newspapers that the Reserve Bank of India (RBI) plans to launch an outreach programme across the country to evolve a workable model for which of the following ?
(A)fight with the menace of fake currency in India
(B)Banking at the village level
(C)Public Private partnership all over India in Rural & Urban Areas

2.K C Chakrabarty at present is at the following designation?
(A)Deputy Governor RBI
(B)Finance Secretary India
(C)Chairman Punjab National Bank

3.Recently we read in the newspapers that RBI is evolving models to achieve more “Financial Inclusion”. Which among the following is a big problem in rural branches which poses a backdrop in ‘financial inclusion’?
(A)There is little infrastructure in Rural areas of India
(B)Most of the rural branches are not CBS (Core Banking System) compliant
(C)The Banking Business in Rural areas is not profitable

4.Which of the following was the first corporation which collapsed due to the present Global Recession?
(A)Merrill Lynch
(B)Lehman Brothers
(C)Morgan Stanley

5.Recently we read in the newspapers that Export Import Bank of India (Exim Bank) is considering raising funds through Samurai bonds. Which among the following is true about Samurai Bonds?
(A)Yen-denominated bonds issued in Japan by a non-Japanese company and subject to Japanese regulations
(B)Yen-denominated bonds issued out of Japan by a Japanese company and not subject to Japanese regulations
(C)Yen-denominated bonds issued in Japan by a non-Japanese company and however not subject to Japanese regulations

6.Recently government has set up a standing committee on infrastructure finance, which will comprise 11 members, including Planning Commission secretary, RBI deputy governor, Irda chairman, and IIFCL chairman. Who will head this committee?
(A)D Subba Rao
(B)Ashok Chawla
(C)O P Bhatt

7.In which of the following banks Govt holding is 100% ?
(A)Indian Bank
(B)Union Bank of India
(C)United Bank of India

8.Recently World Bank has coined a new term CPL based on how people define poverty. Which among the following is correct expansion of CPL?
(A)Common Poverty Line
(B)Community Poverty Line
(C)Country Poverty Line

9.Many a times we read in the newspapers about money multiplier. For example it was 5.0 in December 2008. Money multiplier is a ratio between which of the following?
(A)M3 to M0
(B)M1 to M3
(C)M0 to M3

10.What was India’s Foreign Exchange Reserves at the end of March 2009?
(A)$ 252 Billion
(B)$ 325 Billion
(C)$ 292 Billion

11.To make an online transaction after August 1, 2009 we have to enter an additional password as per the recent directions by RBI.It is commonly known as _______?
(A)VBV – Verified by Visa
(B)MSC – MasterCard SecureCode
(C)Both of Them

12.In banking , CDR cell is related to which of the following ?
(A)Corporate debts
(B)Corporate Credits
(C)Non performing assets

13.Which among the following is a appropriate investment plan for wage earners and unorganized workers?
(A)Systematic Investment Plan
(B)Fixed Deposits
(C)Short Term Deposits

14.Which of the following programme was conceived by RBI to fill the gap existing in the formal financial network and extending the outreach of banking to the poor?
(A)Core Banking Solutions
(B)SHG-Bank linkage programme
(C)Microfinance institutions

15.In which year RBI had introduced a Banking Ombudsman Scheme ?
(A)1992
(B)1995
(C)2000

16.The Securitization And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002 deals with which of the following?
(A)Problems of Non Performing assets NPA
(B)Financial Inclusion
(C)NPA and Financial Institution

17.The government and RBI have resolved to set up a modern facility for producing paper for currency notes in the country. At present at which of the following places India has this facility which is said to be old?
(A)Nasik
(B)Nagpur
(C)Hoshangabad

18.The UP stock exchange which is an approved stock exchange in located at which of the following places?
(A)Lucknow
(B)Allahabad
(C)Kanpur

19.Hang Seng is a share price index in which of the following share market?
(A)China
(B)Hong Kong
(C)Japan

20.MIBID and MOBID were launched by National Stock Exchange in which year as two reference rates for loans of Interbank Call Money Market?
(A)1995
(B)1998
(C)2000

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Comments

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