Quiz 212: Finance & Economic Awareness for All Banks Exams

1. Buckingham Canal is located in which state in India?
[A] Andhra Pradesh
[B] Tamil Nadu
[C] Both 1 & 2
[D] Karnataka

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2. Which of the following policy was launched in 1992 just after the end of the cold war, following the collapse of the Soviet Union?
[A] Economic Liberalization
[B] Look East Policy
[C] National Population Policy
[D] National Policy on Education

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3. which of the following is used by RBI to curb Borrowing powers of the banks?
[A] Foreign Exchange Management
[B] Open Market Operations
[C] Repo rate
[D] Reverse repo rate

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4. Which of the following is an initiative of European Union that involves the creation of a zone for the euro wherein all electronic payments are considered domestic, and a difference between national and intra-European cross border payments doesn’t exist?
[A] Euro zone
[B] Single Euro Payment Area
[C] Eurocheque
[D] None of the above

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5. Agricultural Census is done for every:
[A] 2 years
[B] 5 years
[C] 10 years
[D] 15 years

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6. Many a time we read in the newspapers about “Sub prime Crisis”. In simple terms the sub prime crisis was triggered because of the following lending activities of the banks?
[A] Lending to High Net worth Customers
[B] Lending to people who could not return the loans
[C] Lending to the people who had no real estate mortgage
[D] None of the above

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7. Which among the following products have Global Investment Horizon?
[A] Gilt Edge Securities
[B] Mutual Funds
[C] Sovereign Wealth Funds
[D] None of the above

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8. Which among the following is intended to be a family of standards relating to risk management codified by the International Organization for Standardization ISO?
[A] ISO 31000
[B] ISO 14000
[C] ISO 19011
[D] ISO 19111

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9. Which among the following is a monetary policy that centers around the ability to conduct transactions of local financial assets into foreign financial assets freely and at market determined exchange rates?
[A] Capital Account Convertibility
[B] Contractionary monetary policy
[C] Expanisonary monetary policy
[D] Open market operations

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10. Which among the following is not an international agreement centered around Finance and Economic Cooperation?
[A] Abuja Treaty
[B] Cooperation Council for the Arab States of the Gulf
[C] Kyoto protocol
[D] None of the above

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Comments

  • Anonymous
    Reply

    Good evening Sir
    Sir when i m solving this quiz i m get stuck in 19 question may bcas i m unable to understand finanacial inclusion………if u simplify it then i m will greatful to u

  • Anonymous
    Reply

    especially about i m confusion between SHG-linking of banks and core banking services

  • Anonymous
    Reply

    Thank you Sir for such a valuable collection of banking & economy related questions.