Banking Awareness : Quiz 08

Q.1) In _______the Basel Committee on Banking Supervision proposed a new capital adequacy framework to replace the current Basel Accord:

a) June, 1999

b) June, 2000

c) June, 2001

d) None of The Above

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a) June, 1999

Q.2) NHB stands for:

a) National Housing Business

b) National Housing Bank

c) Non – Housing Bank

d) None of The Above

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b) National Housing Bank

Q.3) National Housing Bank was set up on ______:

a) 9 July, 1987

b) 9 July, 1986

c) 9 July, 1988

d) None of The Above

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c) 9 July, 1988

Q.4) National Housing Bank was set up on July 9, 1988 under which among the following acts:

a) National Housing Bank Act, 1985

b) National Housing Bank Act, 1986

c) National Housing Bank Act, 1987

d) None of The Above

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c) National Housing Bank Act, 1987

Q.5) _____is an apex financial institution for housing:

a) RBI

b) SBI

c) NHB

d) None of The Above

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c) NHB

Q.6) The Head Office of National Housing Bank is at:

a) Kolkata

b) Bangalore

c) New Delhi

d) Mumbai

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c) New Delhi

Q.7) National Housing Bank is wholly owned by _____, which contributed the entire paid-up capital:

a) Securities and Exchange Board of India

b) Reserve Bank of India

c) State Bank of India

d) None of The Above

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b) Reserve Bank of India

Q.8) NHB has been established with an objective to:

a) Operate as a principal agency to promote housing finance institutions

b) promote housing finance institutions both at local and regional levels

c) provide financial and other support incidental to such institutions and for matters connected therewith

d) All of The Above

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d) All of The Above

Q.9) _______is the Managing Director and Chief Executive Officer of NHB now:

a) Raghu Ram Rajan

b) Sriram Kalyanaraman

c) Urjit Patel

d) None of The Above

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b) Sriram Kalyanaraman

Q.10) HFC stands for:

a) Housing Finance Company

b) Housing Finance Corporation

c) Housing Federation of Commerce

d) None of The Above

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a) Housing Finance Company

Q.11) NHB issued Directions, 2001 main emphasis on:

a) Portfolio Managment

b) Asset Liability Management

c) Housing for Rural citizen

d) None of The Above

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b) Asset Liability Management

Q.12) _______plays the vital role in setting up of National Housing Bank:

a) K. R. Puri

b) Dr. Manmohan Singh

c) C. Rangarajan

d) None of The Above

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c) C. Rangarajan

Q.13) Which of the following definitions are wrong about Revenue Receipts:

a) Revenue Receipts consists of revenue from regular sources like Taxation revenues e.g. receipts from corporate tax, income tax, excise tax, excise duty, custom duty, service tax etc.

b) Non tax revenue which include interest on loans, dividends from public sector units, Fees and Stamp Duties

c) Both of Above

d) None of These

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d) None of These

Q.14) Which of the following definitions are correct about Capital Receipts:

a) Capital receipts refers to those inflows to government that are not in the nature of regular income.

b) Other receipts like Disinvestment (selling some shares of a PSU) comes under capital receipt

c) Both of Above

d) None of These

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c) Both of Above

Q.15) _______are on going expenditure not covered under the 5 – year plans:

a) Plan Expenditure

b) Non Plan Expenditure

c) Both of Above

d) None of These

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b) Non Plan Expenditure