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Current Affairs January 2024

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4

Among the following, which one is not a credit rating agency operating in India?

A. CRISIL

B. ICRA

C. Dow Jones

D. CARE

Correct Answer :

C. Dow Jones


Related Questions

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4

What is the role of 'Over-the Counter Exchange' (OTC)?

A. Help in the introduction of multi-tiered markets and import liquidity to them

B. Help to overcome the balance of payment crisis

C. To arrange funds from different foreign banks of developing/ under developing countries

D. All of the above

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4

Which two of the following nationalized banks have been merged as per the recommendation of the Narsimhan Committee? [NDA 1995]

A. New Bank of India and Bank of India

B. Central Bank of India and Corporation Bank

C. Parur Bank of India and Bank of India

D. Punjab National Bank and New Bank of India

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4

All of the following are subsidiaries of the State Bank of India, except:

A. State Bank of Bikaner and Jaipur

B. Central Bank of India

C. State Bank of Hyderabad

D. State Bank of Patiala

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4

In order to be scheduled to the Reserve Bank of India, a bank should have capital and reserve of not less than:

A. 1 lakh

B. 5 lakhs

C. 10 lakhs

D. 50 Iakhs

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4

Which one of the following is not a feature of Limited Liability Partnership firm? [IAS 2010]

A. Partners should be less than 20

B. Partnership and management need not be separate

C. Internal governance may be decided by mutual agreement among partners

D. It is a corporate body with perpetual succession

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4

The best way, a bank can avoid loss is to :

A. lend only to individuals known to the bank

B. accept sound collateral

C. give only short-term loans

D. lend only to bank's old customers

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4

The first Bank established in India was

A. Punjab National Bank

B. Traders Bank

C. State Bank of India

D. Bank of Hindustan

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4

What do you understand by Bear raid?

A. An attempt to bring down the price of strong short selling

B. Simulataneous buying of shares and debentures in view of getting more values in near future

C. Higher rate of price paid for the particular government share or debentures

D. Any of the above

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4

Private Sector Mutual Funds in India were permitted in [UP PCS 2011]

A. 1964

B. 1993

C. 1994

D. 2001

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4

In 1921, the Presidency Banks of Bengal, Madras and Bombay were nationalised to give birth to:

A. Punjab National Bank

B. Syndicate Bank

C. State Bank of India

D. Punjab and Sindh Bank

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4

Which of the following statements is/are correct?
1. NIFTY is based upon 50 firms in India.
2. NIFTY is governed and regulated by the Reserve Bank of India.
3. NIFTY does not trade in mutual funds
Select the correct answer using the code given below: [CDS 2012]

A. 1 only

B. 2 only

C. 3 only

D. 1 and 3

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4

Which of the following organisations in India is mainly' working to meet the credit needs of all types of agricultural and rural development activities?

A. FCI

B. IDBI

C. NABARD

D. ICAR

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4

Bank rate is the rate at which:

A. a bank lends to the public

B. the Reserve Bank of India lends to the public

C. the Government of India lends to other countries

D. the Reserve Bank of India gives credit to commercial banks

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4

Bouncing of cheques has become an offence. What is the punishment for the same:

A. 6 months imprisonment

B. 1year imprisonment

C. 2 years imprisonment

D. 3 years imprisonment

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4

Word Bull and Big are associated with which branch of commercial activity? [UP PCS 2002]

A. Foreign Trade

B. Banking

C. Share Market

D. Manufacturing

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4

Which of the following is at the apex of Industrial Finance in India? [UDC 1995]

A. Industrial Finance Corporation

B. Reserve Bank of India

C. Industrial Development Bank of India

D. Industrial Credit and Investment Corporation of India

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4

'Repo rate' is the rate at which: [CDS 2004]

A. the Reserve Bank of India lends to State Government

B. the international aid agencies lend to Reserve Bank of India

C. the Reserve Bank of India lends to banks

D. the banks lend to Reserve Bank of India

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4

Which of the following provides the largest part of the demand for loanable funds in India?

A. Farmers

B. Private-house purchasers

C. Corporate businesses

D. Hire-purchase borrowers

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4

The central banking functions in India are performed by the: [CPO AC 2003]

A. Central Bank

B. State Bank of India

C. Reserve Bank of India

D. Both b. and c.

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4

The RBI has regional offices at various places. At which of the following places it does not have an office? [RBI Grade B Officer 2011]

A. Kota

B. Nagpur

C. Lucknow

D. Panaji

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4

Who amongst the following has never held post of the Governor of the RBI? [RBI Grade B Officer 2011]

A. C. Rangarajan

B. L.K. Jha

C. Manmohan Singh

D. Usha Thorat

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4

In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities? [CSAT 2011]

A. Commercial Banks

B. Cooperative Banks

C. Regional Rural Banks

D. Microfinance Institutions

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4

Regional rural banks:
1. have limited area of operation
2. have free access to liberal refinance facilities from NABARD
3. are required to lend only to weaker sections

A. 1 and 3

B. 2 and 3

C. 1, 2 and 3

D. 1 and 2

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4

In some parts of India, farmers face acute distress because of heavy burden of debt from non-institutional renders. Who can be called a non-institutional lender? [RBI Grade B Officer 2011]

A. Small Banks

B. Grameen Banks

C. Credit Cooperative Societies

D. Money Lenders

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4

A crossed cheque is one, which can be encashed only: [IFS 1991]

A. by the drawee

B. through a bank,

C. at the State Bank of India

D. after it has been transferred to another person

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4

Debenture holders of a company are its:

A. shareholders

B. creditors

C. debtors

D. directors

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Who is responsible for the collection and publication of monetary and financial information?

A. Finance Commission

B. Finance Ministry

C. Reserve Bank of India

D. Auditor and Comptroller General of India

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4

The largest Public Sector Bank in India is: [CDS 1991]

A. Central Bank

B. State Bank of India

C. Punjab National Bank

D. Indian Overseas Bank

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4

Regional Rural Banks are designed to work in which of the following ideals? [IAS 1988]

A. Work on basics of commercial banks

B. Help the targetted groups

C. Keep lending rates lower than cooperative institutions

D. Work on innovative and adaptive ideals

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4

Consider the following statements: [IAS 2004]
1. Reserve Bank of India was nationalized on 26 January, 1950
2. The borrowing programme of the Government of India is handled by the Department of Expenditure, Ministry of Finance
Which of the statements given above is/are correct?

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2