1. Which of the following had appointed
the Raghu Ram Rajan committee to recommend steps to modernize the financial sector?
(1) RBI
(2) Planning Commission
(3) Ministry of Finance
(4) National
Development Council
2. In context with the falling rupees,
many news paper wrote that” RBI has used up most of the available ammunition to
prevent the rupee’s slide in the over the counter market, but without much
success”.
Which among
the following steps was taken by RBI, that has referred to available ammunition
in this statement?
(1) RBI sold foreign
currency in market
(2) RBI
purchased the foreign currency from the market
(3) RBI
purchased the stocks form the various stock exchanges in India
(4) RBI reevaluated the Indian rupee
(5) None of these
(5) None of these
3. The
formal or institutional credit delivery system in rural India comprises except
which of the following?
(1) Cooperative Credit Institutions
(2) Commercial Banks
(3) Regional Rural Banks
(4) Self Help Groups
(5) None of these
4. A
customer wishes to purchase some US dollars in India. He/She should go to:
(1) Public Debt Division of the RBI only
(2) American Express Bank Only
(3) RBI or any branch of a bank which is authorized for such business
(4) Ministry of Foreign Affairs
(5) None of these
5. What is the main objective to launch a
medium term note (MTN) ____.
(1) To
provide loans
(2) To
raise funds
(3) To
sell equity
(4) To
purchase shares
(5) None
of these
6. Many Times we read in the newspaper
that: “There is a lot of dollar demand due to import of oil, gold and defence
equipment. The Euro is also volatile due to persisting concern in the Eurozone:
Which among the following is the correct conclusion derived from the above
information:
(1) These factors will
keep the rupee weak against the dollar
(2) These factors will keep the dollar weak against
the rupee
(3) These factors will
reduce the supply of euro
(4) The RBI would print
more money
(5) None of these
7. From the given options, bring out the
one which is not a function/power of Reserve Bank of India?
(1) To
assume the responsibility of meeting directly or indirectly all reasonable
demands for accommodation
(2) To
hold cash reserves of the commercial banks and make
available financial accommodation to them
(3) To
enjoy monopoly of the note issue
(4) To
assume responsibility of all banking operations of the government
(5) To assume
the responsibility of statistical analysis of data
related to macro economy of India
8. The best alternative banking service
to branch banking to be the part of ‘financial inclusion’?
1)
Establishment of small branches
2)
Setting up of ATMs
3)
Issuing ATM cards
4)
Giving credit cards
5)
Mobile banking
9. The Narsimham Committee for financial
sector reforms suggested reduction in:
1) SLR and CRR
2) SLR, CRR and Priority Sector
Financing
3) SLR and Financing to capital goods
sector
4) CRR, Priority Sector Financing and
Financing to capital goods sector
5) None of these
10. Which of the following is not a
negotiable instrument?
1)
Promissory note
2)
Bill of exchange
3)
Cheque
4)
Bank draft
5)
Share certificate
Answers
Posts
Comment Policy : We invite you to comment on our posts, as long as they are respectful, to the point and approving. We do not perform pre-moderation of comments. However, in order to keep this site clean and useful, we reserve the right to remove any comment that is not in accordance with our Comment Policy.