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Current Affairs January 2024

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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

Correct Answer :

A. Self-Regulatory Organisations


Related Questions

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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

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

A. 8

B. 12

C. 14

D. 20

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4

Which of the following best defines the term 'Letter of Credit' as used frequently in bank transactions? [SBI PO 1991]

A. An order from a bank to another bank abroad authorising the payment of a particular amount to a person named in the letter

B. An unconditional undertaking given by a bank ensuring the payment of a particular amount to the drawee at a given date

C. Letter by a bank to a person stating the terms and conditions of the loan sanctioned to him by the bank

D. Statement showing outstanding- deposits and credits of a bank for a particular period

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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 one of the following Public Sector banks' emblem figures a dog and the words 'faithful, friendly' in it ? [CDS 2010]

A. Punjab National Bank

B. Syndicate Bank

C. Oriental Bank of Commerce

D. State Bank of India

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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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'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

Who amongst the following was never a Governor of the RBI ? [SBI Associates Clerk 2011]

A. Bimal Jalan

B. Y. V. Reddy

C. Arup Roy Choudhury

D. C. Rangarajan

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4

How do we define the terms bull and bear with regard to stock markets?

A. A bull is an optimistic operator who first buys and then sells shares in expectation of the price going up; a bear is a pessimistic market operator who sells the shares in expectation of buying them back at a lower price

B. There is nothing significantly different as both operate in the capital market

C. Bull is one who first sells a share and then buys it at a lower price; bear means one who first buys and then sells it in expectation of prices going up

D. A bull is ready to buy any share; a bear only deals in government securities

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4

The place where bankers meet and settle their mutual claims and accounts is known as : [Bank PO 1993]

A. treasury

B. clearing House

C. collection Centre

D. dumping Ground

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4

Consider the following statements:
1. life Insurance Corporation of India is the oldest insurance company in India.
2. National Insurance Company limited was nationalized in the year 1972 and made a subsidiary of General Insurance Corporation of India.
3. Headquarters of United India Insurance Company limited are located at Chennai.
Which of the statements given above are correct? [lAS2006)

A. 1, 2 and 3

B. 1 and 2, only

C. 2 and 3, only

D. 1 and 3, only

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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

The Imperial Bank of India, after nationalisation was given the name of:

A. Reserve Bank of India

B. Bank of India

C. State Bank of India

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

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

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

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

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

Which of the following is not an affiliate of the Reserve Bank of India?

A. Unit Trust of India

B. The Industrial Development Bank of India

C. Agricultural Refinance Corporation

D. Deposit Insurance Corporation

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4

Which one of the following statements is not correct? [CDS 2009]

A. The National Association of Securities Dealers Automated Quotations known as NASDAQ, is an American stock exchange

B. Nikkei is the stock market index for the Tokyo Stock Exchange

C. S and P CNX Nifty is the index for 50 large companies on the Bombay Stock Exchange

D. Hang Seng Indexes record daily changes of the largest companies of the Hong Kong stock market

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4

The arguments to support opening up of the Insurance sector in India were:
1. It will provide wider choice to customers
2. It will infuse competition and efficiency
3. It will widen the base of long term funds
4. It will improve balance of payments position
Choose the correct answer from:

A. 1, 2

B. 2, 3

C. 1, 2, 3

D. 1, 2, 3 and 4

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4

EXIM Bank was set-up in :

A. 1980

B. 1982

C. 1985

D. 1986

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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

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

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

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

Debenture holders of a company are its:

A. shareholders

B. creditors

C. debtors

D. directors

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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

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

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