Banking Quiz 2

Banking Awareness Quiz 2

1)

What does the Canada India Research U.S. refer to?

A) A business forum
B) A nuclear reactor
C) A scientific research group
D) A proposed space research organization.

2)

Which among the following decides the oil Prices in India?

A) Government of India
B) Government of Respective states
C) Ministry of Petroleum
D) Oil Companies

3)

Consider the following statements in context with Treasury Bulls?
1. They are issued by Government of India on behalf of RBI
2. They are mostly for short term borrowings
3. Treasury Bills cannot be purchased by any person resident of India
Which among the above is/are correct?

A) Bill of exchange
B) Letter of Exchange
C) Letter of Credit
D) Bill of entry

4)

Bring out the only incorrect statement:

A) Reserve Repo operation by RBI aims are injecting/increasing liquidity
B) SDR refers to special drawing
C) Rupee appreciation results in decrease in imports
D) Increase in inflation rate leads to decline in real interest rate

5)

Christine Lagarde, who recently headed the G-20 meeting of Finance Ministers and Governors of Central Banks, Is the Finance minister of which among the following countries?

A) Australia
B) France
C) Italy
D) Germany

6)

Consider the following statements:
1. Increase in deposit rate results in higher savings
2. Increase in deposit rate results in fall in credit off takes
3. Increase in deposit rate results in increase in investment
Which among the above statement/statements is /are correct?

A) 1 &2
B) 1 & 3
C) 1, 2, 3
D) Only 1

7)

The universal service obligation fund (USOF) has been established under which among the following departments of Government of India?

A) Department of Consumer Affairs
B) Department of Industrial policy and Promotion
C) Department of Telecommunication
D) Department of Economic Affairs

8)

Which among the following correctly defines the Net Interest Income?

A) Interest earned on advances
B) Interest earned on investments
C) Total interest earned on advances on advances and investment
D) Difference between interest earned and interest paid

9)

In which among the following types comes the Interest Rate Risk?

A) Credit risk
B) Market risk
C) Operational risk
D) All the above categories

10)

When there is an inflationary trend in the economy what would be trend in the pricing of the Bank products?

A) Increasing trend
B) Decreasing trend
C) Constant trend
D) There is no relevance of the inflation in pricing of the Banking Products