Banking Awareness Quiz : Set 88

Q.1) Which of the following is not a general credit control measure?

(a) Bank rate

(b) Variable reserve ratios

(c) Open market operations

(d) Regulation of margin requirements on advances against agricultural commodities

(e) All of the above

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(d) Regulation of margin requirements on advances against agricultural commodities

Q.2) Global markets dealing in borrowing and lending on a _____basis?

(a) Long term

(b) Short term

(c) Medium term

(d) Reverse term

(e) None of these

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(b) Short term

Q.3) What does the letter second ‘P’ denotes in the term “PPI” in Banking terminology?

(a) Profit

(b) Prices

(c) Producer

(d) Provident

(e) Private

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(b) Prices

Q.4) Which among the following is the pre-eminent reserve currency?

(a) Euro

(b) Pound

(c) Yen

(d) US Dollar

(e) Swiss franc

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(d) US Dollar

Q.5) What does the letter ‘R’ denotes in the term “TARP”?

(a) Reconstruction

(b) Relief

(c) Reduce

(d) Reproduce

(e) None of these

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(b) Relie

Q.6) 4. Which one of the following is/are implication(s) of large inflow of foreign exchange into the country?

  1. It makes monetary management difficult for RBI.
  2. It creates money supply, asset bubbles and inflation.

III. It weakens the competitiveness of Indian exports.

(a) Only I

(b) Only II

(c) Only III

(d) All of the above

(e) Only I and III

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(d) All of the above

Q.7) Which among the following is a market for borrowing and lending of a money within a period of 14 days?

(a) Call Market

(b) Commercial bill market

(c) Money market

(d) Bill market

(e) Short notice period

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(e) Short notice perio

Q.8) The bill market consists of two markets, one is commercial bill market and another is _______ bill market.

(a) Call

(b) Commercial bill

(c) Money market

(d) Discount market

(e) Treasury bill

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(e) Treasury bill

Q.9) Many a time we read a term MSS in relation to banking transactions. What is the full form of MSS?

(a) Money Stabilization Scheme

(b) Market Stabilization Scheme

(c) Maturity and Standardization Service

(d) Money Stabilization Service

(e) Money system service

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(b) Market Stabilization Scheme

Q.10) RBI’s open market operation transactions are carried out with a view to regulate?

(a) Liquidity in the economy

(b) Prices of essential commodities

(c) Inflation

(d) All of the above

(e) None of these

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(d) All of the above