Dear Readers,
1-A banking system in which a big bank has a number of branches in different parts of the country is known as ___.
(1) Unit Banking
(2) Branch Banking
(3) Mixed Banking
(4) Chain Banking
(5) None of these
2-Which of the following is an example of near money ?
(1) Fiat money
(2) Bank Draft
(3) Treasury Bills
(4) 50 paise coins
(5) None of these
3-Raising or lowering of the central bank discount rate is known as ____.
(1) Bank rate policy
(2) Open market operation
(3) Cash reserve ratio
(4) 2 and 3
(5) None of these
4-'Gold Tranche' refers to ___.
(1) a credit system granted by IMF to its members.
(2) A loan system of the World Bank
(3) A credit system granted by WTO to its members.
(4) One of the operations of a Central Bank
(5) None of these
5-National Food Security Mission was launched in the year ___.
(1) 2005-06
(2) 2006-07
(3) 2007-08
(4) 2008-09
(5) None of these
6-Which is a legal tender in a modern economy amongst the following ?
(1) Currency notes
(2) Cheques
(3) Bank Draft
(4) Promissory notes
(5) None of these
7-Which of the following doesn't relates with banking or finance ?
(1) Devaluation
(2) Hundis
(3) Flare
(4) Gearing
(5) None of these
8-ESOP means -
(1) Employee stock option play
(2) Employee shair object plan
(3) Employee stock option plan
(4) Enter shair object plan
(5) All of these
9-Which of the following is not a characteristics of Fiat money?
(1) Fiat money is created and issued by the state
(2) Fiat money is inconvertible by law
(3) Its value as a commodity is as great as its value as money
(4) It is a legal tender
(5) None of these
10-A banking system where all operations are confined to a single office is known as _____.
(1) Unit Banking
(2) Group Banking
(3) Chain Banking
(4) Branch Banking
(5) None of these
Answer-
1. 2
2. 3
3. 1
4. 1
5.3
6. 1
7. 3
8. 3
9. 3
10. 1
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MAHENDRA GURU