Dear Readers,
1-A Bank which controls credit is called _____.
(1) Unit Bank
(2) Central Bank
(3) Commercial Bank
(4) Correspondent Bank
(5) None of these
2-When the government imposes physical and monetary controls to check open inflation, It is known as ____.
(1) Mark-up Inflation
(2) Demand pull Inflation
(3) Creeping Inflation
(4) Suppressed Inflation
(5) None of these
3-The causes of deflation is/are _______.
अपस्फीति के कारण _______ हैं/हैं।
(A) Lack of goods and services as campared to money supply.
(B)Low per capita income
(C)Lack of money supply as compared to supply of goods and services
.
(1) A and C
(2) All A, B and C
(3) Only C
(4) Only A
(5) None of these
4-Which one of the following is not a function of Central Bank in a country ?
(1) Credit Control
(2) Managing Money Supply
(3) Credit Creation
(4) Regulation of Foreign Exchange
(5) None of these
5-The system of Note Issue followed by Reserve Bank of India is ____.
(1) Proportional Reserve System
(2) Minimum Reserve System
(3) Minimum Fiduciary System
(4) Maximum Fiduciary System
(5) None of these
6-A group of countries which has abolished all Traffis and also quantitative restrictions between themselves is called ________.
(1) Economic Union
(2) Customs Union
(3) Common Market
(4) Free Trade Area
(5) None of these
7-Which one of the following is not a priority sector lending by Commercial Banks in India at present ?
(1) Agriculture
(2) Small Scale Industries
(3) Export
(4) Weaker Section
(5) None of these
8-Many times we read that a corporate entity is in the process of raising its capital base. Why is a company required to raise money to strengthen its capital base?
(A) To finance its expansion plans
(B) To finance its diversification plans
(C) To repay its loans and borrowings
(1) Only A
(2) Only B
(3) Only C
(4) Only A & B
(5) AII A, B & C
9-What are Teaser Loan rates charged by Banks ?
(1) Rate of interest in the initial period is more and it goes down subsequently.
(2) Rate of interest in the intial period is less and goes up subsequently.
(3) Fixed Rate of interest charged by Banks
(4) Floating rate of interest charged by Banks.
(5) None of these
10-Which of the following institution is considered as ' soft loan window' ?
(1) IMF
(2) IBRD
(3) IDA
(4) IFC
(5) None of these
Answer-
1. 2
2.4
3. 3
4. 3
5.2
6. 4
7. 3
8. 1
9. 2
10. 3
7. 3
8. 1
9. 2
10. 3
1-Who has been chosen for the prestigious Nobel Peace Prize 2023 by the Royal Swedish Academy?
(1) Maria Ressa
(2) Dmitry Muratov
(3) Nargis Mohammadi
(4) Alfred Nobel
(5) None of these
Q.2. What is the objective of raising the gratuity limit for LIC agents?<
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MAHENDRA GURU