Dear Readers,
1-Which of the following term is used in banking and finance ?
(1) Cathode
(2) Diabetic
(3) Equity
(4) Obese
(5) None of these
2-Consider the following & state which of them are TRUE ?
(A) New Foreign Contribution Regulation Act has come into force.
(B) Under the law, no political party can receive foreign funds as donation.
(C) The act says in case of any organization receiving funds over 10 lakh, bank will immediately inform govt. to enable agencies to track funds.
(D) There are over 40000 organizations receiving foreign contribution in country out of which only 18000 report the inflow of funds & submit their accounts.
(1) All are true
(2) Only D
(3) B and D
(4) Only C
(5) None of these
3-Committee related with the merger of regional rural banks with their sponsor banks is-------.
(1) Khusro Committee
(2) Khan Committee
(3) Malegam Committee
(4) Hilton Young Committee
(5) None of these
4-Functions of NBFC includes-----------.
(1) Equipment Leasing
(2) Term Deposits
(3) Housing Finance & Investment in Financial Securities
(4)1 &3
(5) None of these
5-What does PMLA stands for ?
(1) Primary Money Launching Authority
(2) Preventing Money Launching Act
(3) Promoting Money Laundering Act
(4) Prevention of Money Laundering Act
(5) None of these
6-Bad debts recovered is a ------for the organization.
(1) Expense
(2) Debt
(3) Income
(4) Asset
(5) None of these
7-Which of the following term is not used in Banking/Finance ?
(1) Revenue
(2) Epicenter
(3) Commercial Papers
(4) Consolidated Fund
(5) None of these
8-Which of the following maintains the RIDF (Rural Infrastructure Development Fund) ?
(1) RBI
(2) IDBI
(3) SIDBI
(4) NABARD
(5) None of these
9-What does a rise in SENSEX means ?
(1) Rise in prices of all companies belonging to U.K
.
(2) Overall rise in prices of shares of companies registered in BSE.
(3) Overall rise in prices of shares of companies registered in NSE.
(4) Rise in prices of shares of companies of America.
(5) None of these
10-Which of the following in India formulates the fiscal policy?
(1) Finance Commission
(2) RBI
(3) Ministry of Finance
(4) Planning Commission
(5) None of these
Answer-
1. 3
2. 1
3. 1
4. 4
5.4
6. 3
7. 2
8. 4
9. 2
10. 3
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MAHENDRA GURU