Ques 1.
What are the RBI Guidelines for the development of Internet Rate Swaps ?
(a) Banks can use IRS for hedging and Trading both
(b) MIFOR is a benchmark for IRS
(c) Under ISDA agreement Banks can opt for dual Jurisdiction i.e., Indian as well as common law
(d) All of the above
Que 2.
Which of the following agencies is associated with the business of Insurance sector as a regulator ?
(a) NPCI
(b) IRDA
(c) SEBI
(d) AMFI
Ques 3.
The hundred rupee currency note in India bears the signature of :
(a) Finance Minister of India
(b) Prime Minister of India
(c) President of India
(d) Governor of the RBI
Ques 4.
Which of the following terms is not used in banking and Finance :
(a) Capital gain
(b) Plan Finance
(c) Market risk
(d) Apartheid
Ques 5.
Which of the following Rates/Ratios is not covered under the Monetary and credit Policy of the RBI :
(a) Bank Rate
(b) Repo Rate
(c) Cash Reserve Ratio
(d) Exchange Rate of Foreign Currencies
Ques 6.
Thge largest Bank in the world in the matter of number of branch offices :
(a) Banks of America NT & SA
(b) State Bank of India
(c) Barclays Bank
(d) Citi Bank
Ques 7.
"Hot Money" means :
(a) Money earned through illegal transactions
(b) money earned through speculative transaction
(c) money used to hoard scarce commodities
(d) Short-term capital movements from one country to another seeking safety or, less often, higher rate of interest
Ques 8.
"Free zone" or "free trade zone" denotes:
(a) an area where there are no restrictions of any kind on trading activities
(b) an area where there is free from any kind of taxes
(c) an area near a sea-port or airport in which goods can be imported duty free, if they are to be re-exported or used in the manufacture of goods for export
(d) an area where no licence is required for import of goods.
Ques 9.
Every bank wishing to commence banking business in India is required to obtain a licence from :
(a) Government if India, Ministry of Finance
(b) Government of India,Company Law Board
(c) Reserve Bank of India
(d) Registrar of Companies
Ques 10.
Financial literacy is a serious issue for RBI, because :
(a) It would enable better understanding of banking business
(b) With better understanding more and more people would utilize the banking serfices
(c) It would mean banks can do more business
(d) It would mean the maximum number of people
(d) AMFI
Ques 3.
The hundred rupee currency note in India bears the signature of :
(a) Finance Minister of India
(b) Prime Minister of India
(c) President of India
(d) Governor of the RBI
Ques 4.
Which of the following terms is not used in banking and Finance :
(a) Capital gain
(b) Plan Finance
(c) Market risk
(d) Apartheid
Ques 5.
Which of the following Rates/Ratios is not covered under the Monetary and credit Policy of the RBI :
(a) Bank Rate
(b) Repo Rate
(c) Cash Reserve Ratio
(d) Exchange Rate of Foreign Currencies
Ques 6.
Thge largest Bank in the world in the matter of number of branch offices :
(a) Banks of America NT & SA
(b) State Bank of India
(c) Barclays Bank
(d) Citi Bank
Ques 7.
"Hot Money" means :
(a) Money earned through illegal transactions
(b) money earned through speculative transaction
(c) money used to hoard scarce commodities
(d) Short-term capital movements from one country to another seeking safety or, less often, higher rate of interest
Ques 8.
"Free zone" or "free trade zone" denotes:
(a) an area where there are no restrictions of any kind on trading activities
(b) an area where there is free from any kind of taxes
(c) an area near a sea-port or airport in which goods can be imported duty free, if they are to be re-exported or used in the manufacture of goods for export
(d) an area where no licence is required for import of goods.
Ques 9.
Every bank wishing to commence banking business in India is required to obtain a licence from :
(a) Government if India, Ministry of Finance
(b) Government of India,Company Law Board
(c) Reserve Bank of India
(d) Registrar of Companies
Ques 10.
Financial literacy is a serious issue for RBI, because :
(a) It would enable better understanding of banking business
(b) With better understanding more and more people would utilize the banking serfices
(c) It would mean banks can do more business
(d) It would mean the maximum number of people
