Practice Question and Answer

Q:

Which of the following country is the largest lender of America?

1001 0

  • 1
    Britain
    Correct
    Wrong
  • 2
    Japan
    Correct
    Wrong
  • 3
    China
    Correct
    Wrong
  • 4
    Brazil
    Correct
    Wrong
  • 5
    India
    Correct
    Wrong
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Answer : 3. "China"

Q:

In the banking world, when the loan given by the bank to any person or organization is not returned by the borrower, knowingly or for any other reason, then it is called.

(A) Standard Asset

(B) Non-Junk Asset

(C) Overdraft

737 0

  • 1
    only ( A )
    Correct
    Wrong
  • 2
    only ( B )
    Correct
    Wrong
  • 3
    only ( C )
    Correct
    Wrong
  • 4
    Only (A) and (B) both
    Correct
    Wrong
  • 5
    none of these
    Correct
    Wrong
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Answer : 2. "only ( B )"

Q:

Normally a bank does not have to deal with __________ related issues of the following.

790 0

  • 1
    Payment and Settlement System
    Correct
    Wrong
  • 2
    Contractual rights of creditors
    Correct
    Wrong
  • 3
    Intellectual Property Rights
    Correct
    Wrong
  • 4
    Bankruptcy cases
    Correct
    Wrong
  • 5
    Coordination among regulators operating in the banking financial sectors
    Correct
    Wrong
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Answer : 3. "Intellectual Property Rights"

Q:

The Financial Sector Appraisal Committee (CFSA) constituted by the Reserve Bank of India has also recommended some reforms in which of the following laws existing in India?

890 0

  • 1
    Taxation Law
    Correct
    Wrong
  • 2
    Commercial law
    Correct
    Wrong
  • 3
    Banking Regulation Law
    Correct
    Wrong
  • 4
    Property law
    Correct
    Wrong
  • 5
    All of the above
    Correct
    Wrong
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Answer : 3. "Banking Regulation Law"

Q:

The Government of India had started the insurance scheme for the agriculture sector. Which of the following is the name of this scheme?

770 0

  • 1
    NAIS
    Correct
    Wrong
  • 2
    RIDF
    Correct
    Wrong
  • 3
    AICIL
    Correct
    Wrong
  • 4
    CACP
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "NAIS"

Q:

Which of the following agencies / bodies has asked all foreign funds to register themselves as Foreign Institutional Investors (Flls) before making any investment in India?

731 0

  • 1
    RBI
    Correct
    Wrong
  • 2
    SEBI
    Correct
    Wrong
  • 3
    IBA
    Correct
    Wrong
  • 4
    Registrar of Companies
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "SEBI"

Q:

Inflation in India is measured on which of the following index?

886 0

  • 1
    Living Expenditure Index ( COLI )
    Correct
    Wrong
  • 2
    Consumer Price Index ( CPI )
    Correct
    Wrong
  • 3
    Gross Domestic Product
    Correct
    Wrong
  • 4
    Wholesale Price Index ( WPI )
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "Wholesale Price Index ( WPI )"

Q:

The availability of cash and other marketable instruments like cash, which are useful for purchase and investment, is generally called.

702 0

  • 1
    Cash Crunch
    Correct
    Wrong
  • 2
    Liquidity
    Correct
    Wrong
  • 3
    Credit
    Correct
    Wrong
  • 4
    Marketability
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 3. "Credit"

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