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Current Affairs January 2024

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4

Basel Committee has given its recommendations on which of the following aspects of banking operations? [RBI Grade B Officer 2011]

A. Marketing of bank products

B. Priority sector lending

C. Risk Management

D. All of the above

Correct Answer :

D. All of the above


Related Questions

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4

The Reserve Bank of India issues:

A. all the currency notes

B. all the currency notes except the one rupee note

C. all the currency notes except the hundred rupee note

D. only notes of Rs. 10 and above

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4

The oldest stock exchange of India is :

A. Bombay Stock Exchange

B. Ahmedabad Stock Exchange

C. Bangalore Stock Exchange

D. Hyderabad Stock Exchange

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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

The acronym SRO, being used in the capital market for various market participants, stands for which one of the following? [CDS 2008]

A. Self-Regulatory Organisations

B. Small Revenue Operators

C. Securities Roll-back Operators

D. Securities Regulatory Organisations

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4

Which of the following is not an asset held by commercial banks?

A. Bills of exchange

B. Current account deposits

C. Credit balances with the Reserve Bank

D. Money lent at short notice

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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 difference between a bank and a non-banking financial institution (NBFI) is that: [IAS 1994]

A. a bank interacts directly with customers while an NBFI interacts with banks and governments

B. a bank indulges in a number of activities relating to finance with a range of customers, while an NBFI is , mainly concerned with the term loan needs of large enterprises

C. a bank deals with both internal and international customers while an NBFI is mainly concerned with the finances of foreign companies

D. a bank's main interest is to help in business transactions and saving/investment activities while an NBFl's main interest is in the stabilisation of the currency

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4

Consider the following statements:
1. ICICI Bank is the largest private sector bank in India.
2. Postal life Insurance is the oldest life insurance organization in India.
Which of the statements give above is/are correct? [IAS 2005]

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

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4

If the cash-reserve ratio is lowered by the Central bank, what will be its effect on credit creation?

A. Decrease

B. Increase

C. No change

D. None of these

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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

The main function of the Exim Bank is:

A. to help RBI in the regulation of foreign exchange

B. to prevent unlicensed transaction

C. to promote exports and curtail imports

D. to conserve foreign exchange

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4

The primary objective of Unit Trust of India is:

A. to assist the industries in financial difficulties

B. to diffuse the benefit of development among the masses

C. to accumulate funds for public investment expenditure

D. to promote the investment habit among those who have not been able to diversify investment risk

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4

Which amidst the following rural banks has been named after a river? [NDA 2002]

A. Prathama Bank

B. Varada Grameen Bank

C. Thar Anchalik Grameen Bank

D. Aravali Kshetriya Grameen Bank

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4

The number of Banks nationalised since 1969 is : [PCS 1994]

A. 8

B. 12

C. 14

D. 20

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4

Participatory Notes (PNs) are associated with which one of the following?

A. Consolidated Fund of India

B. Foreign Institutional Investors

C. United Nations Development Programme

D. Kyoto Protocol

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4

Consider the following events:
1. Conversion of Imperial Bank of India into S.B.I.
2. Establishment of NABARD
3. Setting up of RRBs
4. Nationalisation of R.B.I.
The correct chronological sequence of these events is : [CDS 1999]

A. 4, 1, 2, 3

B. 4, 1, 3, 2

C. 1, 4, 3, 2

D. 1, 4, 2, 3

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4

What are gilt-edged securities?

A. Securities issued by the multinationals

B. Securities issued by the government

C. Securities issued by the private sectors

D. Securities issued by the joint venture companies

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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

'Sub Prime Lending' is a term applied to the loans made to ___ [Punjab & 5indh Bank 2011]

A. those borrowers who do not have a good credit history.

B. those who wish to take loan against the mortgage of tangible assets.

C. those who have a good credit history and are known to bank since 10 years.

D. None of the above

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4

Which one of the following Indian banks is not a nationalized bank? [IAS 2006]

A. Corporation Bank

B. Dena Bank

C. Federal bank

D. Vijaya Bank

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4

Which of the following is now a punishable offence by a Bank Account holder ? [Bank PO 1990]

A. If a cheque is not crossed

B. If a post-dated cheque is issued

C. If a cheque drawn by him is dishonoured for insufficiency of funds in his account

D. Issuing a cheque without signature

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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

Which of the following constitute short-term sources of finance for small scale industries?
1. Private money lenders
2. Loans by commercial banks
3. Credit Guarantee schemes
4. National Small Industries Corporation

A. 1, 2 and 3

B. 1 only

C. 1, 2 and 4

D. 1, 2, 3 and 4

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4

What is the animal on the insignia of the RBI ? [CPO SI 2002]

A. Lion

B. Tiger

C. Panther

D. Elephant

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4

In the world of commodity exchanges-the' concept of A standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price is known as [UBI PO 2010]

A. Future contract

B. Forward contract

C. Market contract

D. None of these

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4

Stock Exchanges play, role in an economy which may be termed as [UBI PO 2010]

A. hardly useful

B. useful but need strict regulation

C. harmful to proper capital markets

D. a gambling-where many investors get ruined

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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

Which of the following combinations is correct? [IFS 1989]

A. NABARD-Industrial Loans

B. IDBI-Short term loans

C. RBI-Long term finance

D. RRB-Agricultural finance

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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