Dear Readers,
1-Which one of the following sources is not considered as a source of Government revenue ?
(1) Taxes
(2) Surplus of Public Enterprises
(3) Mobilisation of internal loan and deposits
(4) Transfer Payments
(5) None of these
2-As we know that Reserve Bank of India changes the CRR. Which of the following statement is correct in this regard ?
(A) Reduction in CRR increases the liquidity position within Indian banks.
(B) Decrease in CRR decreases lending capacity of banks.
(C) Increase in CRR does not affect the liquidity position.
(1) Only A
(2) A and C
(3) Only C
(4) Only B
(5) None of these
3-Discount and Finance House of India Limited was set up by RBI in_______
(1) 1988
(2) 1989
(3) 1987
(4) 1990
(5) None of these
4-The relationship between a banker and a customer is _______
(1) That of a debtor and a creditor
(2) Primarily that of a debtor and a creditor
(3) That of a creditor and a debtor
(4) Both 1 and 2
(5) None of these
5-FCNR accounts can be opened and maintained as _________
(1) Savings Bank Account
(2) Term Deposit Accounts
(3) Recurring Deposits
(4) Current Accounts
(5) None of these
6-Current Account Deficit on the Balance of payment reflects_________
(1) Deficit on Trade Account .
(2) Deficit on Invisibles Account.
(3) Deficit on Trade and Invisibles Account.
(4) Deficit onTrade Invisibles and Capital Account.
(5) None of these
7-Which one of the following is an example of joint supply ?
(1) Sugar and Tea
(2) Diesel and Bus
(3) Ink and Fountain Pen
(4) Wool and Mutton
(5) None of these
8-Consider the following statements regarding loan syndication and state which among those are true?
(A) More than one debtors applying for a loan to one creditor.
(B) More than one creditors coming together to provide single loan.
(C) More than one creditors coming toghter to provide multiple loans.
(1) A and B
(2) only C
(3) only B
(4) A and C
(5) None of these
9-A 'closed economy is an economy in which ……………
(1) The deficit financing takes place
(2) Only exports takes place
(3) Neither exports nor imports takes place
(4) The money supply is full
(5) None of these
10-If RBI adopts an expansionist open market operations policy, this means that it will………….
(1) offer commercial banks more credit in open market
(2) sell securities in the open market
(3) openly announce to the market that it intends to expand credit.
(4) buy securities from non- government holders
(5) None of these
Answer-
1. 4
2. 1
3. 1
4. 2
5.3
6. 3
7. 4
8. 3
9. 3
10. 1
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MAHENDRA GURU