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Current Affairs January 2024

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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

Correct Answer :

B. Varada Grameen Bank


Related Questions

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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 statements regarding Regional Rural Banks (RRB) in India is/are correct ?
1. The basic aim of setting up the RRBs is to develop rural economy.
2. The area of RRBs is limited to a specific region comprising one or more districts.
3. RRBs are sponsored by Commercial Banks.
Select the correct answer using the code given below: [Asstt Commdt 2011]

A. 1 only

B. 1 and 2 only

C. 2 and 3 only

D. 1, 2 and 3

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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

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

For regulation of the Insurance Trade in the country the Government has formed: [UP PCS 2002]

A. SEBI

B. Reserve Bank of India

C. Insurance Regulatory and Development Authority

D. General Insurance Corporation

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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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Which of the following is the Banker of the Banks? [Railways 1995]

A. IDBI

B. SBI

C. RBI

D. SBI and RBI

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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

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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

Which bank gives long term loan to farmers?

A. NABARD

B. Land Development Bank

C. SBI

D. Rural banks

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4

Consider the following financial institutions of India:
1. Industrial Finance Corporation of India (IFCI)
2. Industrial Credit and Investment Corporation of India (ICICI)
3. Industrial Development Bank of India (IDBI)
4. National Bank for Agriculture and Rural Development (NABARD)
The correct chronological sequence of the establishment of these institutions is : [IAS 2002]

A. 1, 2, 3, 4

B. 2, 3, 4, 1

C. 3, 4, 1, 2

D. 4, 1, 2, 3

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4

As per the reports published- in various journals and newspapers the 'small borrowers' in rural areas still prefer to take informal route for their credit needs. Which of the following is the 'informal route' of credit in financial sector? [Punjab & Sindh Bank 2011]

A. Credit cards

B. Loan against gold from financial institute

C. Debit cards

D. Money lender

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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

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 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

The functions of the Reserve Bank of India are:
1. issuing all notes and coins
2. distributing all notes and coins
3. formulating monetary policy
4. acting as agent of Government in respect of India's membership of the IMF

A. 1, 3 and 4

B. 2 and 3

C. 2, 3 and 4

D. 1, 2, 3 and 4

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4

Which of the following activities would Small Industries Development Bank of India (SIDBI) undertake under the new rural industrialisation programme? [Bank PO 1994]
1. Consultation in erecting the project
2. Providing marketing assistance and refinance facilities at later stage
3. Running the project during initial stage

A. Only 1and 2

B. Only 2 and 3

C. Only 2

D. Only 1

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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

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 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

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

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

A. 1964

B. 1993

C. 1994

D. 2001

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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

'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

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

The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called: [IAS 1998]

A. SBRC (Statutory Bank Ratio)

B. SLR (Statutory Liquid Ratio)

C. CBR (Central Bank Reserve)

D. CLR (Central Liquid Reserve)

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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

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

Open market operations of a Central Bank are sale and purchase of:

A. foreign currencies

B. corporate securities

C. trade bills

D. government securities

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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