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Tuesday, July 26, 2016

BANKING QUIZ -27 For IBPS & SBI Exam 2016

BANKING QUIZ -27 For Government Jobs Exam
1 Name the accord which is closely associated with the reform in banking industry?
Doha accord
Look east policy
Basel accord
Geneva framework
None of these
Ans. Basel accord

2 The foreign exchange reserves of India is maintained by which organization?
World bank
Prime minister
None of these
Ans. RBI

3 Reverse Repo Rate can be described as____________.

Absorption of liquidity from the market by sale of government securities
Injecting liquidity by the central bank of a country through purchase of government securities
Balancing liquidity with a view to enhance economic growth rate
Any of above
None of these
Ans. Absorption of liquidity from the market by sale of government securities

4. Name the rate which is decided by the RBI is called “Policy Rate”?
Lending Rate
Loan Rate
Deposit Rate
Cash Reserve Ratio
None of these
Ans. Cash Reserve Ratio

5 Loan given by the banks to farmers/small shop owners etc is known as........?
Corporate loan
Priority sector loan
Business loan
Commercial loan
None of these
Ans. Priority sector loan

6 . The Headquarters of which of the following banks is not in Mumbai?
Union Bank of India
State Bank of india
Bank of Maharashtra
None of these
Ans Bank of Maharashtra

7. ICRA, CRISIL and Standard and Poor’s (S&P) are maintaining which one of the followings?
Credit rating agencies
Financial Institutions
None of these
Ans. NGOs

8. The Nippon Ginko is the Central Bank of which country?
South Korea
None of these
Ans. China

9. “Primary Deficit” define as?
Monetary Deficit minus Interest Payments
Budget Deficit minus Interest Payments
Fiscal Deficit minus Interest Payments
Deficit Financing by 91 day ad hoc treasury bills
None of these
Ans. Budget Deficit minus Interest Payments

10 . Systematic Investment Plans are a facility by which of the following? .
Post office savings schemes
Life insurance companies
Commercial banks
Mutual funds
None of these
Ans. Mutual funds




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