Banking General Awareness Reserve Bank of India Question Bank

done Previous Years Questions - Reserve Bank of India - Structure and Functions Total Questions - 100

• question_answer1)
  As reported in the newspapers, China has asked its banks to put 12.5% money instead of earlier 12% as CRR. This correction in CRR has been made for the seventh time in past one year. Why did China have to take this step again and again and so frequently?                      [OBC 2008]

  [a] It will put a curb on lending of money by the banks.

  [b] It will help Govt of China to tame the rate of inflation.

  [c] It will help the poor to get easy loans at cheaper rates from the banks as higher CRR brings more money for activities of the social sector.

  A)
   Only [a] is correct done clear
  B)
   Only [b] is correct done clear
  C)
   All [a], [b] and [c] are correct done clear
  D)
   Only [c] is correct done clear
  E)
   Both [a] and [b] are correct done clear
  View Solution play_arrow

• question_answer2)
  Which of the following organisations / agencies has asked all the banks in India to form customer service panels at branch levels?         [OBC 2008]
  A)
   Indian Banks Association done clear
  B)
   Reserve Bank of India (RBI) done clear
  C)
   Supreme Court of India done clear
  D)
   Securities & Exchange Board of India (SEBI) done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer3)
  As we all know Securities & Exchange Board of India (SEBI) has taken some corrective steps to restrict functioning of Participatory Notes (P-Notes) in Indian Stock Markets. Why P-Notes are considered dangerous for the financial markets of a country?                           [OBC 2008]

  [a] This allows a foreign investor to invest funds without knowing the history/ financial health of a company. If the company fails foreign investors lose their money. Govt of India does not want this as this will bring a bad name to the country.

  [b] P-Notes allow foreign investors to buy shares of blue chip companies without following Konw Your Customer (KYC) norms. Hence money invested here may not be from a valid and legal source.

  [c] P-Notes are launched to arrange funds only for social schemes. Due to huge funds available with NRIs for investment they are sending it in bulk. Hence the cost of such investments is very high and it is not commercially viable for banks to accept such investments.

  A)
   Only [a] is correct done clear
  B)
   Only [b] is correct done clear
  C)
   Only [c] is correct done clear
  D)
   Both [a] and [b] are correct done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer4)
  In the recent times the RBI and the Securities & Exchange Board of India (SEBI) have taken various steps to control the flow of capital in India economy. Which of the following is/are NOT included in this/ these step(s)? [BOM 2008]

  [a] Guidelines have been issued to restrict unregulated overseas investors through "P-notes".

  [b] Rs. 60,000 crore out of this fund is being provided to waive the loans on farmers.

  [c] Borrowers raising external commercial borrowings of over $20 million would have to park the proceeds overseas for use as foreign currency expenditure.

  A)
   Only [a]                        done clear
  B)
   Only [b] done clear
  C)
   Only [c]                        done clear
  D)
   Both [a] & [c] done clear
  E)
   All [a], [b] & [c] done clear
  View Solution play_arrow

• question_answer5)
  The Reserve Bank of India issues coins and notes of various denominations. At present RBI does not issue coins of which of the following denominations?               [Vijaya Bank 2008]
  A)
   10 paise done clear
  B)
   20 paise done clear
  C)
   25 paise done clear
  D)
   50 paise done clear
  E)
   1.00 Rupee done clear
  View Solution play_arrow

• question_answer6)
  As we read every now and then, the Monetary and Credit Policy is reviewed and changes/corrections are made frequently. Who amongst the following exactly takes this decision in India?                  [Vijaya Bank 2008]
  A)
   Deputy Chairman, Planning Commission done clear
  B)
   Prime Minister done clear
  C)
   Finance Minster done clear
  D)
   Chairman, Finance Commission done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer7)
  We often see the names of two personalities in newspapers/magazines/electronic media. These names are Dr. C Rangarajan and Dr Bimal Jalan. In their lives, one thing in common. That is      [Vijaya Bank 2008]
  A)
   Both are the chief economic advisors to Prime Minister of India. done clear
  B)
   Both are Members of Parliament. done clear
  C)
   Both are former Governors of RBI. done clear
  D)
   Both were Finance Ministers of India. done clear
  E)
   There is nothing common in both. done clear
  View Solution play_arrow

• question_answer8)
  Which of the following organisations is known as the market regulator in India?              [BOI 2008]
  A)
   IBA                              done clear
  B)
   SEBI done clear
  C)
   AMFI                           done clear
  D)
   NSDL done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer9)
  The Reserve Bank of India keeps on changing various ratios/rates frequently. Why is this done? [BOI 2008]

  [a] To keep inflation under control

  [b] To ensure that Indian Rupee does not lose its market value

  [c] To ensure that banks do not earn huge profits at the cost of public money.

  A)
   Only [a] done clear
  B)
   Only [b] done clear
  C)
   Only [c]                        done clear
  D)
   All [a], [b] & [c] done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer10)
  As reported in various newspapers many banks have revised their interest rates on home loans, car loans and other such loans. Which of the following phenomenon prompted these banks to make such an upward revision in their interest rates?                                              [UBOI 2008]

  [1] RBI has revised the CRR and other such rates upward, which has created a liquidity crunch in the market.

  [2] Stock markets in the country are showing very high fluctuations as visible through their indexes. As a result banks have lost a huge amount of money in trading. Banks now want .to recover that money by increasing their interest rates.

  [3] Banks are in need of a huge amount of money, as they have to give revised pay to all its employees.

   
  A)
   Only (1)                        done clear
  B)
   Only (2) done clear
  C)
   Only (3)                        done clear
  D)
   All (1), (2) & (3) done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer11)
  Very often we read in the newspapers about various measures taken up to control the flow of the capital in the Indian markets. Who amongst the following is/are the regulators who can control the flow of the same in India? [UBOI 2008]

  [a] Indian Bank's Association

  [b] RBI

  [c] SEBI

  A)
   Only [a]                        done clear
  B)
   Only [b] done clear
  C)
   Only [c]                        done clear
  D)
   Both [b] & [c] done clear
  E)
   Both [a] & [b]            done clear
  View Solution play_arrow

• question_answer12)
  Many times we read a term "Hot Money" in newspapers. What is/are the characteristics of Hot money? [UBOI 2008]

  [a] The term is used for fresh currency notes issued by the RBI.

  [b] It is the fund which flows in the market to take advantage of high interest rates.

  [c] It is the fund which is thrown in the market to create imbalance in the stock markets.

  A)
   Only [a]                        done clear
  B)
   Only [b] done clear
  C)
   Only [c]                        done clear
  D)
   All [a], [b] & [c] done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer13)
  RBI's open market operation transactions are carried out with a veiw to regulate   [BOB 2008]
  A)
   Liquidity in the economy done clear
  B)
   Prices of essential commodities done clear
  C)
   Inflation done clear
  D)
   Borrowing power of the banks done clear
  E)
   All the above done clear
  View Solution play_arrow

• question_answer14)
  Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy, means                [BOB 2008]
  A)
   Sale or purchase of Govt. securities done clear
  B)
   Issuance of different types of bonds done clear
  C)
   Auction of gold done clear
  D)
   To make available direct finance to borrowers done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer15)
  The bank rate means                    [BOB 2008]
  A)
   Rate of interest charged by commercial banks from borrowers done clear
  B)
   Rate of interest at which commercial banks discounted bills of their borrowers done clear
  C)
   Rate of interest allowed by commercial banks on their deposits done clear
  D)
   Rate at which RBI purchases or rediscounts bills of    exchange   of commercial banks done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer16)
  The stance of RBI monetary policy is  [BOB 2008]
  A)
   inflation control with adequate liquidity for growth done clear
  B)
   improving credit quality of the Banks done clear
  C)
   strengthening credit delivery mechanism done clear
  D)
   supporting investment demand m the economy done clear
  E)
   Any of the above done clear
  View Solution play_arrow

• question_answer17)
  Capital Market Regulator is           [BOB 2008]
  A)
   RBI                              done clear
  B)
   IRDA done clear
  C)
   NSE                             done clear
  D)
   BSE done clear
  E)
   SEBI done clear
  View Solution play_arrow

• question_answer18)
  Which of the following is the regulator of   the credit rating agencies in India?  [BOB 2008]
  A)
   RBI                              done clear
  B)
   SBI done clear
  C)
   SIDBI                           done clear
  D)
   SEBI done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer19)
  The recent decisions of the RBI to cut Cash Reserve Ratio (CRR) by 150 basis points (October 2008) will be able to infuse how much liquidity into the market?                 [OBC 2008]
  A)
   Rs. 10,000 crores done clear
  B)
   Rs. 30,000 crores done clear
  C)
   Rs. 40,000 crores done clear
  D)
   Rs. 50,000 crores done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer20)
  Whenever RBI does some Open Market Operation Transactions, actually it wishes to regulate which of the following? [IOB 2008]
  A)
   Inflation only done clear
  B)
   Liquidity in economy done clear
  C)
   Borrowing powers of the banks done clear
  D)
   Flow of Foreign Direct Investments done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer21)
  Which of the following financial product are NOT much popular in India as they have been launched only recently? [IOB 2008]
  A)
   Development Bonds       done clear
  B)
   Insurance Policies done clear
  C)
   Mutual funds                 done clear
  D)
   Sovereign Wealth Funds done clear
  E)
   All are very popular products in India. done clear
  View Solution play_arrow

• question_answer22)
  Which of the following policies of the financial sectors is basically designed to transfer local financial assets into foreign financial assets freely and at market determined exchange rates? Policy of                   [IOB 2008]
  A)
   Capital Account Convertibility done clear
  B)
   Financial Deficit Management done clear
  C)
   Minimum Support Price done clear
  D)
   Restrictive Trade practices done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer23)
  A customer wishes to purchase some US dollars in India. He/she should go to              [IOB 2008]
  A)
   Public Debt Division of the RBI only done clear
  B)
   American Express Bank Only done clear
  C)
   RBI or any branch of a bank which is authorized for such business done clear
  D)
   Ministry of Foreign Affairs done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer24)
  What is the Statutory Liquidity Ratio (SLR) at present?                                  [IOB 2008]
  A)
   14%                             done clear
  B)
   18% done clear
  C)
   20%                             done clear
  D)
   24% done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer25)
  An agreement, which in fact is a contract, between the RBI and Banks for the sale and repurchase of Govt securities and short-term treasury bills at a future date and for which the RBI indicates "the interest rate", is generally known as [RBI 2009]
  A)
   Repo Rate done clear
  B)
   Bank Rate done clear
  C)
   Reverse Repo Rate done clear
  D)
   Prime Lending Rate done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer26)
  As per the reports in various newspapers many private companies are trying to obtain the licences to launch a banking company in India. Which of the following organisations/agencies issue the licence for the same? [Corporation Bank 2009]
  A)
   Securities & Exchange Board of India (SEBI) done clear
  B)
   Indian Institute of Banking & Finance (IIBF) done clear
  C)
   Reserve Bank of India (RBI) done clear
  D)
   Registrar of Companies done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer27)
  As per the Reserve Bank of India (RBI), the economic conditions in India are not yet suitable for full convertibility of Rupee. At present Rupee is convertible at which of the following accounts?   [Indian Bank 2010]

  [a] Fully at Capital Account

  [b] Fully at Current Account

  [c] Partially at Trade Account

  A)
   Only [a]                        done clear
  B)
   Only [b] done clear
  C)
   Only [c]                        done clear
  D)
   Only [a] & [c] done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer28)
  As per the news published in major newspapers, the Reserve Bank of India (RBI) raised Statutory Liquidity Ratio (SLR) by 100 basis points to 25%. What was/were the reason(s) owing to which RBI raised the SLR? [Indian Bank 2010]

  [a] It will help in reducing liquidity in the market.

  [b] Inflation will come down substantially.

  [c] It will facilitate companies to launch their IPOs as the financial climate will become conducive for the same.

  A)
   Only [a] done clear
  B)
   Only [b] done clear
  C)
   Only [a] & [b] done clear
  D)
   Only [b] & [c] done clear
  E)
   All [a], [b] & [c] done clear
  View Solution play_arrow

• question_answer29)
  The Reserve Bank of India has directed all the banks to ensure that the names of their customers, individuals or corporates, do not appear in any list published by the Security Council Committee. This act/directive of the RBI is to ensure which of the following?                        [Indian Bank 2010]
  A)
   To ensure that the bank loans / advances taken by the individuals/organizations are used only in those activities for which they are taken. done clear
  B)
   To ensure that money deposited in the bank has not come from unknown and unauthorized sources done clear
  C)
   To ensure that no one visits a foreign nation for any illegal activity by purchasing foreign currency from a bank done clear
  D)
   To ensure that Indians do not go to a nation where they are being targeted for racial discrimination done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer30)
  As per the news published in various financial newspapers, the RBI is reworking the roadmap on Capital Account Convertibiliy. If this is done, who amongst the following would be able to invest in foreign projects or acquire assets outside India without any restrictions?          [SBI 2010]

  [a] Public Sector Banks

  [b] Companies which are registered in India

  [c] Govt. of India

  [d] Any Individual

  A)
   Only [a] done clear
  B)
   Only [b] done clear
  C)
   Only [c] done clear
  D)
   All [a], [b], [c] & [d]                      done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer31)
  As decided by the Reserve Bank of India, all the villages with a population of 2000 will have access to financial services by the end of                           [SBI 2010]
  A)
   2009-10 done clear
  B)
   2010-11 done clear
  C)
   2011-12 done clear
  D)
   2012-13 done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer32)
  As reported in various newspapers, the Reserve Bank of India is planning to allow more and more banks to function as "Local Area Banks". This will help RBI in the implementation of which of the following of its plans/drives? [SBI 2010]

  (1) Financial Inclusion

  (2) Rural Banking

  (3) Mobile and e-Banking

  A)
   Only (1) done clear
  B)
   Only (2) done clear
  C)
   Only (3) done clear
  D)
   Only (1) & (2) done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer33)
  The Reserve Bank of India has asked all the banks to install "Note Sorting Machines" in the branches. How will this help banks and the general public? [Allahabad Bank 2010]

  (1) The machines will check for counterfeit notes and drop these from circulation.

  (2) This will help banks to count the notes quickly and accurately.

  (3) This will help in sorting out soiled notes so that they are not reissued by the banks.

  A)
   Only (2) done clear
  B)
   Only (1) done clear
  C)
   Only (3) done clear
  D)
   Only (1) & (2) done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer34)
  As per the guidelines issued by the RBI, banks are preparing for a service which will allow customers to withdraw upto "1,000 using their debit cards from notified shops/ stores all over the country. All such shops / stores will have 'POS' terminals for the same. What is full form of the 'POS'? [Allahabad Bank 2010]
  A)
   Payment on Sale           done clear
  B)
   Power of Sale done clear
  C)
   Point of Sale                 done clear
  D)
   Payment Order Service done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer35)
  Many a time we read in newspapers that some big banks have revised their lending rates to make them dearer or cheaper. Though the decision to raise the lending rates is always in the hands of the banks, normally they announce this decision of theirs                [Corporation Bank 2010]

  [a] immediately after the Union Budget is presented in the Lok Sabha every year.

  [b] when the RBI makes changes in its policy rates.

  [c] when the Monetary and Credit Policy of the RBI is reviewed periodically.

  A)
   Only [a] done clear
  B)
   Only [b]   done clear
  C)
   Only [c]                        done clear
  D)
   Only [b] & [c] done clear
  E)
   All [a], [b] & [c] done clear
  View Solution play_arrow

• question_answer36)
  The Reserve Bank of India (RBI) recently announced a hike in some policy rates and also indicated that there may be another change in near future. Which of the following is/are considered a policy rate(s) in the hands of the RBI? [Corporation Bank 2010]

  (1) Repo Rate

  (2) SLR

  (3) Inflation

  A)
   Only (1)                        done clear
  B)
   Only (2) done clear
  C)
   Only (3)                        done clear
  D)
   Only (1) & (2) done clear
  E)
   All (1), (2) & (3) done clear
  View Solution play_arrow

• question_answer37)
  As per the reports published in various newspapers, RBI has asked banks to make a plan to provide banking services to all villages having a population of 2000. This directive issued by the RBI will fall in which of the following categories? [Corporation Bank 2010]
  A)
   Plan for Financial Inclusion done clear
  B)
   Efforts to meet the targets of Priority Sector Lending done clear
  C)
   Extension of Relief Packages to the Farmers done clear
  D)
   Extension of Internet and Branchless Banking done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer38)
  The rate on which banks borrow from the RBI is called...........               [Punjab & Sindh 2010]
  A)
   SLR done clear
  B)
   CRR done clear
  C)
   Interest Rate done clear
  D)
   Bank Rate done clear
  E)
   Repo Rate done clear
  View Solution play_arrow

• question_answer39)
  As we know, the RBI is the apex bank of India. Similarly, the apex Bank of the USA is called.............. [Punjab & Sindh 2010]
  A)
   Federal Reserve done clear
  B)
   The Central Bank of USA done clear
  C)
   Bank of America done clear
  D)
   Central National Bank of USA done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer40)
  What is the full form of 'ULIP', the term which was in the news recently?        [Syndicate 2010]
  A)
   Universal Life & Investment Plan done clear
  B)
   Unit Loan & Insurance Plan done clear
  C)
   Universal Loan & Investment Plan done clear
  D)
   Uniformly Loaded Investment Plan done clear
  E)
   Unit Linked Insurance Plan done clear
  View Solution play_arrow

• question_answer41)
  Which of the following Rates/Ratio is not covered under the Monetary and Credit policy of the RBI? [Syndicate 2010]
  A)
   Bank Rate                     done clear
  B)
   Repo Rate done clear
  C)
   Cash Reserve Ratio        done clear
  D)
   Reverse Repo Rate done clear
  E)
   Exchange Rate of Foreign Currencies done clear
  View Solution play_arrow

• question_answer42)
  Exchange Rate of Foreign Currencies V2. RBI has asked banks to make a plan to provide banking services to all villages having a population up to 2000. This directive issued by the RBI will fall in which of the following categories? [Corporation Bank 2011]
  A)
   Plan for Financial Inclusion done clear
  B)
   Efforts to meet the targets of Priority Sector Lending done clear
  C)
   Extension of Relief Packages to the Farmers done clear
  D)
   Plan for opening more rural branches done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer43)
  The rate of interest on Savings Bank Account is stipulated by             [Corporation Bank 2011]
  A)
   The concerned bank done clear
  B)
   RBI done clear
  C)
   Indian Banks Association done clear
  D)
   Government of India done clear
  E)
   Banking Codes and Standards Board of India done clear
  View Solution play_arrow

• question_answer44)
  Banks borrow money from the RBI on which of the following rates?  [Allahabad Bank 2011]
  A)
   Reverse Repo Rate         done clear
  B)
   Repo Rate   done clear
  C)
   SLR                             done clear
  D)
   CRR       done clear
  E)
   Saving Rate done clear
  View Solution play_arrow

• question_answer45)
  Banking and financial services all over the world are regulated usually by the Monetary Authority of the land. Who controls this function in India? [Allahabad Bank 2011]
  A)
   Ministry of Finance done clear
  B)
   SEBI done clear
  C)
   RBI done clear
  D)
   IRDA done clear
  E)
   FEDAI done clear
  View Solution play_arrow

• question_answer46)
  Which of the following is/are the objective(s) of our monetary policy?[Allahabad Bank 2011]

  (1) To anchor inflation expectations

  (2) To actively manage liquidity

  (3) To maintain interest rate regime consistent with price output and financial stability

  A)
   Only (1) done clear
  B)
   All (1), (2) & (3) done clear
  C)
   Both (2) & (3) done clear
  D)
   Only (2) done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer47)
  Which of the following is/are key policy rates used by RBI to influence interest rates?   [Allahabad Bank 2011] 

  (1) Bank Rate and Repo Rate

  (2) Reverse Repo Rate

  (3) CRR and SLR

  A)
   Only (1)                        done clear
  B)
   Only (2) done clear
  C)
   All (1), (2) & (3) done clear
  D)
   Only (3) done clear
  E)
   Both (1) & (3) done clear
  View Solution play_arrow

• question_answer48)
  Which of the following rates signals the RBI's long-term outlook on interest rates? [Allahabad Bank 2011]
  A)
   Repo Rate done clear
  B)
   Reverse Repo Rate done clear
  C)
   Bank Rate done clear
  D)
   SLR done clear
  E)
   CRR done clear
  View Solution play_arrow

• question_answer49)
  For which of the following reasons RBI has decided to undertake mid-quarter policy reviews? [Allahabad Bank 2011]

  (1) To re-align its policies

  (2) To take steps and ensure smooth flow of credit

  (3) To provide guidance to the economy

  A)
   Only (1) done clear
  B)
   Only (2) done clear
  C)
   Only (3) done clear
  D)
   All (1), (2) & (3) done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer50)
  Which of the following is the Central Bank of USA?             [Allahabad Bank 2011]
  A)
   Federation of Banks, USA done clear
  B)
   Citigroup, USA done clear
  C)
   Bank of America done clear
  D)
   Central Bank of USA done clear
  E)
   Federal Reserve done clear
  View Solution play_arrow

• question_answer51)
  Who amongst the following was the Head of the committee which gave its recommendations on the modalities for Capital' Account Convertibility? [Andhra Bank 2011]
  A)
   Dr. Rakesh Mohan         done clear
  B)
   Dr. C Rangarajan done clear
  C)
   S.S. Tarapore    done clear
  D)
   K.J. Udeshi done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer52)
  Which of the following organisations / agencies has established a fund known as investor Protection Fund? [Indian Overseas Bank 2011]
  A)
   RBI done clear
  B)
   SIDBI done clear
  C)
   Bombay Stock Exchange done clear
  D)
   Ministry of Finance done clear
  E)
   Ministry of Commerce and Industry done clear
  View Solution play_arrow

• question_answer53)
  Reverse Repo is a tool used by RBI to [Indian Overseas Bank 2011]
  A)
   Inject liquidity done clear
  B)
   Absorb liquidity done clear
  C)
   Increase the liquidity with banking system done clear
  D)
   To keep the liquidity at one level done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer54)
  The European Union has adopted which of the following as a common currency? [Indian Overseas Bank 2011]
  A)
   Dollar                           done clear
  B)
   Dinar done clear
  C)
   Yen                              done clear
  D)
   Peso done clear
  E)
   Euro done clear
  View Solution play_arrow

• question_answer55)
  SEBI is a/n [Indian Overseas Bank 2011]
  A)
   Advisory body done clear
  B)
   Statutory body done clear
  C)
   Constitutional body done clear
  D)
   Non-statutory body done clear
  E)
   Registered as a society done clear
  View Solution play_arrow

• question_answer56)
  Which of the following bodies promoted Securities Trading Corporation of India Limited (STCI) jointly with the Public Sector Banks?       [Indian Overseas Bank 2011]
  A)
   Securities Exchange Board of India done clear
  B)
   ICICI Ltd                      done clear
  C)
   IDBI Ltd done clear
  D)
   Reserve Bank of India done clear
  E)
   IRDA done clear
  View Solution play_arrow

• question_answer57)
  Consider the following. [Indian Overseas Bank 2011]

  (1) Deposit rates

  (2) Base Rate

  (3) Prime Lending Rate

  Which of the above are decided by the Reserve Bank of India?
  A)
   Only (1)                        done clear
  B)
   Only (2) done clear
  C)
   Only (3)                        done clear
  D)
   Both (2) and (3) done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer58)
  Mutual funds are regulated by [Corporation Bank 2011]
  A)
   Association of Mutual Funds of India (AMFI) done clear
  B)
   Securities and Exchange Board of India (SEBI) done clear
  C)
   Reserve Bank of India done clear
  D)
   IRDA done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer59)
  Which of the following is not a function of the RBI?                [Corporation Bank 2011]
  A)
   Maintaining Forex done clear
  B)
   Deciding Bank Rate, CRR and SLR from time to time done clear
  C)
   Opening Savings Accounts for general public done clear
  D)
   Prescribing the Capital Adequacy Ratio done clear
  E)
   Currency Management done clear
  View Solution play_arrow

• question_answer60)
  The monetary authority in India, viz Reserve Bank of India, is bound to maintain a reserve against the notes issued, whatever may be the amount. This system is called as  [Corporation Bank 2011]
  A)
   Minimum Reserve System done clear
  B)
   Proportional Reserve System done clear
  C)
   Maximum Fiduciary Issue System done clear
  D)
   Simple Deposit System done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer61)
  Interest rates on which of the following deposit schemes is fixed by thy Reserve Bank of India? [Corporation Bank 2011]
  A)
   Fixed deposits above live years' maturity done clear
  B)
   Recurring deposits done clear
  C)
   Savings bank done clear
  D)
   Flexi Deposit scheme done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer62)
  Which of the following policies is known as Annual Policy Statement? [Corporation Bank 2011]
  A)
   Annual budget of GOI done clear
  B)
   Credit and monetary policy of RBI done clear
  C)
   Foreign trade policy of DGFT done clear
  D)
   Regulations issued by SEBI done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer63)
  Which of the following Acts was framed specially to deal more effectively with the problem of Non-Performing Assets in banking system? [Corporation Bank 2011]
  A)
   Companies Act done clear
  B)
   Banking Regulation Act done clear
  C)
   Foreign Exchange Management Act done clear
  D)
   Industrial Dispute Act done clear
  E)
   SARFAESI Act done clear
  View Solution play_arrow

• question_answer64)
  Very often we read in newspapers/ magazines about 'Sovereign Wealth Funds'. Which of the following is/ are the correct description of the same?                  [Corporation Bank 2011]

  (1) These are the funds or the reserves of a government or central bank of a country which are invested further to earn profitable returns.

  (2) These are the funds which were accumulated by some people over the years but were not put in active circulation as they retain them as black money for several years.

  (3) The funds which are created to be used as relief funds or bailout packages.

  A)
   Both (2) and (3) only done clear
  B)
   Only (2) done clear
  C)
   Only (3) done clear
  D)
   Only (1) done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer65)
  The names of which of the following rates/ratios cannot be seen in financial newspapers? [Corporation Bank 2011]
  A)
   Bank Rate                     done clear
  B)
   Repo Rate done clear
  C)
   Statutory Liquidity Ratio done clear
  D)
   Cash Reserve Ratio done clear
  E)
   Pulse Rate done clear
  View Solution play_arrow

• question_answer66)
  Ten-rupee notes contain the signature of [Corporation Bank 2011]
  A)
   Finance Secretary, GOI done clear
  B)
   Chairman, State Bank of India done clear
  C)
   Governor, Reserve Bank of India done clear
  D)
   Finance Minister, GOI done clear
  E)
   Prime Minister done clear
  View Solution play_arrow

• question_answer67)
  Interest payable on savings bank accounts is                           [IBPS 2011]
  A)
   not regulated by RBI. done clear
  B)
   regulated by State Governments. done clear
  C)
   regulated by Central Government done clear
  D)
   regulated by RBI. done clear
  E)
   regulates by Finance Minister. done clear
  View Solution play_arrow

• question_answer68)
  Which of the following is a correct statement?                   [IBPS 2011]
  A)
   SBI is the sole authority to issue and manage currency in India done clear
  B)
   A nationalised bank is the sole authority to issue         and manage currency in India. done clear
  C)
   A cooperative bank is the sole authority to issue and manage currency in India. done clear
  D)
   RBI is the sole authority to issue and manage currency India. done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer69)
  Which of the following states became the first state in the country to launch RBI, s e-payment system for commercial tax payers?                 [IBPS 2011]
  A)
   Andhra Pradesh done clear
  B)
                                     Kerala done clear
  C)
   Gujarat done clear
  D)
   Maharashtra done clear
  E)
   Karnataka done clear
  View Solution play_arrow

• question_answer70)
  Bank rate policy, open market operations, variable reserve requirements and statutory liquidity requirements  employed by Reserve Bank as measures of credit control are classified as                                      [IBPS 2011]
  A)
   quantitative methods done clear
  B)
   qualitative methods done clear
  C)
   Both of the above      done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer71)
  Reverse Repo is a tool used by RBI to
  A)
   inject liquidity done clear
  B)
   absorb liquidity done clear
  C)
   increase the liquidity with banking system done clear
  D)
   to keep the liquidity at one level done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer72)
  What is Repo Rate?                     [IBPS 2011]
  A)
   It is a rate at which RBI sell government securities to banks done clear
  B)
   It is a rate at which RBI buys government securities from banks done clear
  C)
   It is a rate at which RBI allows small loans in the market done clear
  D)
   It is a rate which is offered by Banks to their most valued customers or prime customers done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer73)
  Which of the following is not a function of the RBI?                                     [Bank PO 2010]
  A)
   Maintaining Forex done clear
  B)
   Deciding Bank Rate, CRR and SLR from time to time done clear
  C)
   Opening Savings Accounts for general public done clear
  D)
   Prescribing the Capital Adequancy Ratio done clear
  E)
   Currency Management done clear
  View Solution play_arrow

• question_answer74)
  Capital market regulator is            [BOB 2008]
  A)
   RBI done clear
  B)
   IRDA done clear
  C)
   NSE done clear
  D)
   BSE done clear
  E)
   SEBI done clear
  View Solution play_arrow

• question_answer75)
  Which of the following is the regulator of the credit rating agencies in India?    [BOB 2008]
  A)
   RBI done clear
  B)
   SBI done clear
  C)
   SIDBI done clear
  D)
   SEBI done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer76)
  Which of the following organisations is known as the market regulator in India? [Syndicate Bank 2009]
  A)
   IBA done clear
  B)
   SEBI done clear
  C)
   AMFI done clear
  D)
   NSDI done clear
  View Solution play_arrow

• question_answer77)
  In one of his speeches, Pranab Mukherjee said that the government has no plans to dilute the roles of market regulators. This means, the role of which of the following will not be diluted?  [Syndicate Bank 2010]
  A)
   Life Insurance Corporation of India (LIC) done clear
  B)
   Confederation of Indian Industry (CII)    done clear
  C)
   Federation of Chambers of Commerce   and Industry (FICCI)                 done clear
  D)
   Bureau of India Standards done clear
  E)
   Securities and Exchange Board of India (SEBI) done clear
  View Solution play_arrow

• question_answer78)
  Equity schemes managed strong NAV gains which boost their assets' was a new in some financial newspapers. What is the full form of NAV used as in above headlines? [Central Bank of India 2010]
  A)
   Nil Accounting Variation done clear
  B)
   Net Accounting Venture done clear
  C)
   Net Asset Value done clear
  D)
   New Asset Venture done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer79)
  SEBI is a/an [Indian Overseas Bank 2011]
  A)
   advisory body done clear
  B)
   statutory body done clear
  C)
   constitutional body done clear
  D)
   non-statutory body done clear
  E)
   registered as a society done clear
  View Solution play_arrow

• question_answer80)
  Mutual funds are regulated by [Corporation Bank 2011]
  A)
   Association of Mutual Funds of India (AMFI) done clear
  B)
   Securities and Exchange Board of India (SEBI) done clear
  C)
   Reserve Bank of India done clear
  D)
   IRDA done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer81)
  Which of the following best describes the Securities and Exchange Board of India?
  A)
   SEBI is the regulator for the capital markets done clear
  B)
   SEBI protects the interest of investors done clear
  C)
   SEBI is for ethical practices done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer82)
  Which of the following policies is known as Annual Policy Statement? [Corporation Bank 2011]
  A)
   Annual budget of Central Government done clear
  B)
   Credit and monetary policy of RBI done clear
  C)
   Foreign trade policy of DGFT done clear
  D)
   Regulations issued by SEBI done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer83)
  By increasing repo rate, the economy may observe the following effects ______ [IBPS 2012]
  A)
   Rate of interest on loans and advances will be costlier done clear
  B)
   Industrial output would be affected to an extent done clear
  C)
   Banks will increase rate of interest on deposits done clear
  D)
   Industry houses may borrow money from foreign countries done clear
  E)
   All of these done clear
  View Solution play_arrow

• question_answer84)
  Increased interest rates, as is existing in the economy at present will ______. [IBPS 2012]
  A)
   Lead to higher GDP growth done clear
  B)
   Lead to lower GDP growth done clear
  C)
   Mean higher cost of raw materials done clear
  D)
   Mean lower cost of raw materials done clear
  E)
   Mean higher wage bill done clear
  View Solution play_arrow

• question_answer85)
  The European Union has adopted which of the following as a common currency? [SBI 2013]
  A)
   Dollar done clear
  B)
   Dinar done clear
  C)
   Yen done clear
  D)
   Euro done clear
  E)
   Peso done clear
  View Solution play_arrow

• question_answer86)
  The Holidays for the Banks are declared as per ______.                               [SBI 2013]
  A)
   Reserve Bank Act done clear
  B)
   Banking Regulation Act done clear
  C)
   Negotiable Instruments Act done clear
  D)
   Securities and Exchange Board of India Act done clear
  E)
   Companies Act done clear
  View Solution play_arrow

• question_answer87)
  Interest on Savings deposit nowadays is _________.                                   [SBI 2013]
  A)
   Fixed by RBI done clear
  B)
   Fixed by the respective Banks done clear
  C)
   Fixed by the Depositors done clear
  D)
   Fixed as per the contract between Bank and the Consumer Court done clear
  E)
   Not paid by the Bank done clear
  View Solution play_arrow

• question_answer88)
  With effect from July 1,2012, for calculation of lending rates, the Reserve Bank of India has advised banks to switch over to the [IBPS 2013]
  A)
   MSF Rate System done clear
  B)
   Reverse Repo Rate System done clear
  C)
   Bank Rate System                    done clear
  D)
   Repo Rate System done clear
  E)
   Base Rate System done clear
  View Solution play_arrow

• question_answer89)
  To improve access of the poor to banking, RBI has advised banks to open branches with minimum infrastructure supporting up to 8 to 10 Business Correspondents (BC) at a reasonable distance of 3-4 km. Such branches are known as  [IBPS 2013]
  A)
   Nodal branches done clear
  B)
   Micro branches done clear
  C)
   Mini branches done clear
  D)
   Ultra small branches done clear
  E)
   Satellite branches done clear
  View Solution play_arrow

• question_answer90)
  In the field of banking, what does CRAR stand for?                                      [SBI 2014]
  A)
   Capital Reserve Adequacy Ratio done clear
  B)
   Capital to Risk (Weighted) Assets Ratio done clear
  C)
   Capital Reserve Assets Ratio done clear
  D)
   Capital Risk Adequacy Ratio done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer91)
  How instrument is used by the Reserve Bank of India to control market liquidity?        [SBI 2014]
  A)
   Repo rate done clear
  B)
   Statutory Liquidity Ratio done clear
  C)
   Marginal Adjustment Facility done clear
  D)
   Reserve Repo Rate done clear
  E)
   Only [a] and [d] done clear
  View Solution play_arrow

• question_answer92)
  The government has named ______ outside experts as members of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), moving to a model followed in the developed world.   [SBI Main 2016]
  A)
   One done clear
  B)
   Two done clear
  C)
   Three done clear
  D)
   Four done clear
  E)
   Five done clear
  View Solution play_arrow

• question_answer93)
  What is Cash Reserve Ratio? [IBPS Main 2016]
  A)
   Deposits of banks in government securities done clear
  B)
   Rate at which banks borrow funds from the RBI done clear
  C)
   Deposits (as cash) which banks have to keep/maintain with the RBI done clear
  D)
   Rate at which RBI borrows money from the banks done clear
  E)
   Rate at which RBI borrows money from the government done clear
  View Solution play_arrow

• question_answer94)
  With effect from July 1,2012, for calculation of lending rates, the Reserve Bank of India has advised banks to switch over to the  [IBPS Clerk 2013]
  A)
   MSF Rate System done clear
  B)
   Reverse Repo Rate System done clear
  C)
   Bank Rate System done clear
  D)
   Repo Rate System done clear
  E)
   Base Rate System done clear
  View Solution play_arrow

• question_answer95)
  According to a recent Reserve Bank's Instructions on banking matters. Banks cannot accept interest free deposits other than in                [IBPS 2014]
  A)
   Demand deposit account done clear
  B)
   Term deposit account done clear
  C)
   Current account done clear
  D)
   Both [a] and [b] done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer96)
  Which of the following is/are traditional type of open market operations used by the Reserve Bank of India? [IBPS 2014]
  A)
   Outright purchase done clear
  B)
   CRR (Cash reserve ratio) done clear
  C)
   SLR (Statutory Liquidity Ratio) done clear
  D)
   Repurchase agreement (REPO) done clear
  E)
   Both [a] and [d] done clear
  View Solution play_arrow

• question_answer97)
  The organisation is responsible for calculating National Income is - [IBPS RRB 2015]
  A)
   CSO done clear
  B)
   NSSO done clear
  C)
   RBI done clear
  D)
   SBI done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer98)
  How instrument is used by the Reserve Bank of India to control market liquidity? [SBI PO 2014]
  A)
   Repo rate done clear
  B)
   Statutory Liquidity Ratio done clear
  C)
   Marginal Adjustment Facility done clear
  D)
   Reserve Repo Rate done clear
  E)
   Only [a] and [d] done clear
  View Solution play_arrow

• question_answer99)
  Base rate is the rate below which no bank can allow their lending to anyone. Who set up this base rate for banks? [IBPS PO Main 2015]
  A)
   Individual Banks Boards (Correct Answer) done clear
  B)
   Ministry of Commerce done clear
  C)
   Ministry of Finance done clear
  D)
   RBI done clear
  E)
   Interest Rate Commission of India done clear
  View Solution play_arrow

• question_answer100)
  Many a times, we read in newspaper that the RBI has revised certain rates/ratios under LAF. What is full form of LAF? [IBPS PO Main 2015]
  A)
   Legal Adjustment Facility done clear
  B)
   Liquidity Adjustment Facility done clear
  C)
   Long-term Achievement Facility done clear
  D)
   Legal Adjustment Formality done clear
  E)
   None of these done clear
  View Solution play_arrow