Banking General awareness in Banking Questions and Answers in Banking IBPS SBI PO Clerical Test 9

Banking General awareness in Banking Questions and Answers in Banking IBPS SBI PO Clerical Test 9

1. What is a Repo Rate?

It is a rate at which RBI sell government securities to banks

It is a rate at which banks borrow rupees from RBI

(C) It is a rate at which RBI allows small loan

It is a rate which is offered by Banks to their most valued customers or prime customers

None of these

2. In economics it is generally believed that the main objective of a Public Sector Financial Company like Bank is to:

Employ more and more people

Maximize total profits

Maximize total production

Provide financial service to the people of the nation of its origin across the country

Sell the goods at subsidized cost

3. Which of the following cannot be called as a Debt Instrument as referred in financial transactions?

Certificate of Deposits

Bonds

Stocks

Commercial Papers

Loans

4. The government formed the panel after many ex-servicemen returned their medals to protest the rejection of their ‘one rank one pension’ demand. Who is heading this panel?

K.M. Chandrasekhar

R Balakrishanan

B S Padmanabham

T. Raja Shekhar

R Balu

5. Whenever RBI does some Open Market Operation Transaction, actually it wishes to regulate which of the following?

Inflation only

liquidity in economy

Borrowing powers of the banks

Flow of Foreign Direct Investments

None of these

6. The maximum amount of the total Revenue earned by the government of India comes from:

Income Tax

Customs Duty

Excise Duty

Value Added Tax

Corporate Tax

7. Capital Market Regulator is—

RBI

SEBI

BSE

NSE

IRDA

8. FDI refers to

Fixed Deposit Interest

Fixed Deposit Investment

Foreign Direct Investment

Future Derivative Investment

None of these

9. What is Call Money ?

Money borrowed or lent for a day or over night

Money borrowed for more than one day but upto 3 days

Money borrowed for more than one day but upto 7 days

Money borrowed for more than one day but upto 14 days

None of these

10. Which is the first Indian company to be listed in NASDAQ ?

Infosys

Reliance

Tech Mahendra

TCS

Wipro

Score =

Correct answers: