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Current Affairs January 2024

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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

Correct Answer :

D. Usha Thorat


Related Questions

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Consequent 'upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year [CPO SI 2010]

A. 1973

B. 1974

C. 1975

D. 1976

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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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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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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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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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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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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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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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Which among the following is the oldest Development Financial Institution of India?

A. UTI

B. IDBI

C. ICICI

D. IFCI

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

A. 1964

B. 1993

C. 1994

D. 2001

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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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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

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

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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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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In which year, some more commercial banks (in addition to the first lot of 14) were nationalised in India?

A. 1976

B. 1979

C. 1980

D. 1982

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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 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

The National Housing Bank was set up in India as a wholly-owned subsidiary of which one of the following? [IAS 2007]

A. State Bank of India

B. Reserve Bank of India

C. ICICI Bank

D. Life Insurance Corporation of India

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

A. 8

B. 12

C. 14

D. 20

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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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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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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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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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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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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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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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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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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