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Current Affairs January 2024

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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

Correct Answer :

B. Syndicate Bank


Related Questions

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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 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

A Scheduled Bank is one which is included in the: [CPO SI 2002]

A. II Schedule of Banking Regulation Act

B. II Schedule of Constitution

C. II Schedule of Reserve Bank of India Act

D. None of the above

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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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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

In India, the first bank of limited liability managed by Indians and founded in 1881 was:

A. Hindustan Commercial Bank

B. Oudh Commercial Bank

C. Punjab National Bank

D. Punjab and Sind Bank

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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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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 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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To prevent recurrence of scams in Indian Capital Market, the Government has assigned regulatory powers to: [IAS 1995]

A. RBI

B. SBI

C. SEBI

D. ICICI

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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 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

What is the difference between Debentures and Equity?

A. Debentures are sealed bonds acknowledging that money has been borrowed; equity is a shareholder's share voting rights in proportion to his shareholding

B. An equity shareholder cannot withdraw his amount whereas debentures can be withdrawn by taking back the amount

C. Equity shareholding is more risky, compared to debentures which are bound to return good interest on the principal

D. Both debenture and equity holders have the right of voting irrespective of the proportion of holdings but debentures are of lower value than equity

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4

EXIM Bank was set-up in :

A. 1980

B. 1982

C. 1985

D. 1986

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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

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

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4

The National Stock Exchange functions from:

A. New Delhi

B. Mumbai

C. Nagpur

D. Kolkata

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Which of the following organisations prepare rural credit plans on annual basis for all districts in India, which in turn form the base for annual credit plans of all rural financial institutions? [RBI Grade B Officer 2011]

A. SIDBI

B. NABARD

C. RBI

D. Indian Bank's Association

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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

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 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

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

'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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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

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

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

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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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 liabilities of a commercial bank are:
1. time deposits
2. security holdings
3. demand deposits
4. advances from the central bank

A. 1, 2 and 3

B. 1, 3 and 4

C. 2 and 4

D. 1 and 3

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The main difference between shares and debentures is :

A. debentures can only be issued after shares

B. shareholders receive dividend on shares whereas debenture holders receive interest on debentures

C. debentures can be partly converted into shares whereas shares cannot be converted into debentures

D. shareholders are the owners of the company whereas debenture holders are the creditors of the company