Q1. Which of the following committee is set up for giving clear definitions to FDI and FII with an aim to remove ambiguity over the two types of Foreign Investments
1.Gopinath Committee
2.Arvind Mayaram Committee
3.Subir Gokran Committee
4.Sushma Nath Committee
5.None of these
Q2. In Banking terms BCSBI stands for which of the following ?
1.Banking Consumers and State Board of India
2.Banking Commerce and State Bank of India
3.Banking Codes and Standards Board of India
4.Banking Commerce and Secretarial Board of India
5.Banking Communications and Systems Board of India
Q3. Participatory Notes (PNs) are associate with which one of the following ?
1.United National Development Programme
2.Foreign Institutional Investment
3.Foreign Direct Investment
4.Consolidated Funds of India
5.None of these
Q4. Increase in net RBI credit for central government represents?
1. Budgetary deficit
2.Monetized Deficit
3.Fiscal deficit
4.Revenue deficit
5.None of these
Q5. Under provision of which of the following the Reserve Bank of India issues directive to the Banks in India ?
1.Essential Commodities Act
2.Banking Regulation Act
3.RBI Act
4.RBI Act and Banking Regulation Act
5.None of these
Q6. What is meant by development oriented banking ?
1.Infrastructure Financing
2.Taking up task of development of the economy by providing support to under privileged .sections of the society
3.Extending loans to states which are underdeveloped
4.All of the above
5.None of these
Q7. Reserve Bank of India known as lender of last resort because _____
1.It has to meet the credit need of citizens to whom no one else is willing to lend
2.It comes to help bank in times of crisis
3.Banks lend to go to RBI as a last resort
4.All of the above
5.None of these
Q8. What does “Trade Gap” mean ?
1.Gap between budgeted revenue collection and actual collection of the same
2.Gap between total GDP and total consumption
3.Gap between available liquidity and expected demand in next five months
4.Gap between total imports and total exports
5.None of these
Q9. The bankercustomer ?relationship in credit card payment is
1.Agent-Principal
2.Principal-Agent
3.Creditor-Debtor
4.Debtor-creditor
5. None of these
Q10. The availability of cash and other cashlike marketable instruments that are useful in purchases and
investments are commonly :known as
1.Cash crunch
2.Credit
3.Liquidity
4.Marketability
5. None of these
Answer:-
1)Arvind Mayaram Committee
2) .Banking Codes and Standards Board of India
3) Foreign Institutional Investment
4)Monetized Deficit
5)RBI Act and Banking Regulation Act
6)Taking up task of development of the economy by providing support to under privileged sections of the
.society
7)It comes to help bank in times of crisis
8)Gap between total imports and total exports
9)Debtor-creditor
10)Liquidity
