Dear Readers,
1-Variable Reserve Ratio and Open Market Operations are instruments of -------------
(1) Fiscal policy
(2) Monetary policy
(3) Budgetary policy
(4) Trade policy
( 5) None of these
2-In which year SMERA (Small & Medium Enterprises Rating Agency) was established ?
(1) 2002
(2) 2005
(3) 2008
(4) 2001
(5) None of these
3-The Bank rate policy is a component of ------------
(1) Fiscal policy
(2) Monetary policy
(3) Trade policy
(4) Foreign policy
(5) None of these
4-Consider the following statements regarding the features of the Indian money market----
(A) It finds avenues for profitable investment for short -term surplus
(B) It opens the door for the Commercial Banks to occupy a strategic position in regulating
money market.
(C) It provides short- term funds for Banks.
Which of the statements given above is/are correct ?
(1) Only A
(2) Only B
(3) A and C
(4) All A,B and C
(5) None of these
5-If the Reserve Bank of India sells securities in the market it will result in -------------------
यदि भारतीय रिज़र्व बैंक बाज़ार में प्रतिभूतियाँ बेचता है तो इसका परिणाम होगा -------------------
(1) An immediate change in the Bank rate
(2) A fall in the market rate of interest
(3) An increase in loans to Bank customers
(4) A reduction in Bank deposits
(5) None of these
6-The majority of Central Government enterprises belong to the ----------
(1) Public corporations
(2) Public limited companies
(3) Private limited companies
(4) Departmental organisations
(5) None of these
7-The Central Bank can decrease the Bank credit component of the money supply by ------------
(1) Lowering the cash reserve requirements
(2) Increasing the Bank rate
(3) Lowering the Bank rate
(4) Buying of government securities
(5) None of these
8-Parallel Economy is also referred as ----------
(1) Grey Market
(2) Black Market
(3) Black Economy
(4) Both 1and 2
(5) None of these
9-Which of the following was the first commercial Bank of limited liability managed by Indians ?
(1) Punjab National Bank
(2) Oudh Commercial Bank
(3) Imperial Bank of India
(4) Bank of Baroda
(5) None of these
10---------------- is an agreement where by an issuing Bank at the request of the importer (Buyer) undertakes to make payment to the exportor (Beneficiary) against stipulated documents.
(1) Bills of exchange
(2) Letter of exchange
(3) Letter of credit
(4) Bill of entry
(5) None of these
Answer-
1. 2
2.2
3. 2
4. 3
5.4
6. 2
7. 2
8. 3
9. 2
10. 3
7. 2
8. 3
9. 2
10. 3
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MAHENDRA GURU