Banking Awareness Quiz For IBPS | RBI | SBI | NABARD | LIC | 04-10-2023

 

Dear Readers,

Banking Awareness has been an important part of various competitive exams, so we are here with a series of Banking Awareness quizs on a daily basis on our platform. Follow the quiz daily to improve your banking awareness.

Question 1: What is inflation?

प्रश्न 1: मुद्रास्फीति क्या है?

A) A decrease in the overall price level

B) An increase in the overall price level

C) A constant price level

D) A change in the exchange rate

E) None of these

Answer: B

Question 2: Which of the following is considered a measure of inflation in India?

प्रश्न 2: निम्नलिखित में से किसे भारत में मुद्रास्फीति का माप माना जाता है?

A) WPI (Wholesale Price Index)

B) BSE Sensex

C) NIFTY 50

D) GDP (Gross Domestic Product)

E) None of these

Answer: A

Question 3: What is demand-pull inflation?

प्रश्न 3: मांग-प्रेरित मुद्रास्फीति क्या है?

A) Inflation caused by an increase in the demand for money

B) Inflation caused by a decrease in the demand for goods and services

C) Inflation caused by an increase in aggregate demand

D) Inflation caused by a decrease in aggregate supply

E) None of these

Answer: C

Question 4: Which central bank in India is responsible for controlling inflation?

प्रश्न 4: भारत में कौन सा केंद्रीय बैंक मुद्रास्फीति को नियंत्रित करने के लिए जिम्मेदार है?

A) Reserve Bank of India (RBI)

B) State Bank of India (SBI)

C) Punjab National Bank (PNB)

D) HDFC Bank

E) None of these

Answer: A

Question 5: What is the main tool used by central banks to control inflation?

प्रश्न 5: मुद्रास्फीति को नियंत्रित करने के लिए केंद्रीय बैंकों द्वारा उपयोग किया जाने वाला मुख्य उपकरण क्या है?

A) Fiscal policy

B) Exchange rate policy

C) Monetary policy

D) Trade policy

E) None of these

Answer: C

Question 6: Hyperinflation is characterized by:

प्रश्न 6: अति मुद्रास्फीति की विशेषता है:

A) Low and stable inflation rates

B) Very high and rapidly increasing inflation rates

C) Deflation

D) Negative interest rates

E) None of these

Answer: B

Question 7: What is the Phillips Curve?

प्रश्न 7: फिलिप्स वक्र क्या है?

A) A graphical representation of the relationship between inflation and unemployment

B) A measure of GDP growth

C) A currency exchange rate

D) A stock market index

E) None of these

Answer: A

Question 8: Which of the following is an example of cost-push inflation?

प्रश्न 8: निम्नलिखित में से कौन सा लागत-प्रेरित मुद्रास्फीति का उदाहरण है?

A) An increase in consumer demand for a popular product

B) An increase in oil prices leading to higher transportation costs

C) A decrease in government spending

D) A decrease in interest rates

E) None of these

Answer: B

Question 9: What is the impact of moderate inflation on savers?

प्रश्न 9: मध्यम मुद्रास्फीति का बचतकर्ताओं पर क्या प्रभाव पड़ता है?

A) It benefits savers as the real value of their savings increases

B) It has no impact on savers

C) It reduces the real value of their savings

D) It depends on the type of savings account

E) None of these

Answer: C

Question 10: What is the opposite of inflation, where prices decrease over time?

प्रश्न 10: मुद्रास्फीति का विपरीत क्या है, जहां समय के साथ कीमतें घटती हैं?

A) Hyperinflation

B) Stagflation

C) Deflation

D) Reflation

E) None of these

Answer: C