Which of the following groups represent key industries?
A. Crude oil and electricity
B. Petroleum refining and finished steel
C. Cement and coal
(A) Only (A)
(B) Only (B)
(C) Only (A) and (B)
(D) Only (C)
(E) All (A), (B) and (C)
Which of the following agencies is providing Unique Identity Cards to all Indian Residents?
(A) Election Commission of India
(B) Ministry of Foreign Affairs
(C) Govt of Maharashtra
(D) Border Security Force
(E) None of these
Banking and financial services all over the world are regulated usually by the Monetary Authority of the land. Who controls this function in India?
(A) Ministry of Finance
(B) SEBI
(C) RBI
(D) IRDA
(E) FEDAI
Which of the following terms is NOT used in banking?
(A) Debit Card
(B) Credit Card
(C) Kisan Card
(D) ELISA Test
(E) None of these
Which of the following is/are the objective(s) of our monetary policy?
A. To anchor inflation expectations
B. To actively manage liquidity
C. To maintain interest rate regime consistent with price output and financial stability
(A) Only (A)
(B) All (A), (B) and (C)
(C) Both (A) and (C)
(D) Only (B)
(E) None of these
One single statement that depicts the financial position of a bank and/or business enterprise at a given point of time is called
(A) Statement of product details
(B) Reconciliation Statement
(C) Balance Sheet
(D) Quarterly returns submitted to RBI
(E) Trading and manufacturing account
The Reverse Mortgage scheme is launched to give benefit to which of the following groups of the society?
(A) Govt employees
(B) Senior citizens
(C) Unemployed youth
(D) War widows
(E) None of these
One of the major challenges banking industry is facing these days is deliberate efforts of some people to bring money earned through illegal activities in circulation. Which of the following acts has been passed to prevent this activity?
(A) Payment and Settlements Act
(B) Banking Regulation Act
(C) Negotiable Instruments Act
(D) Narcotics and Psychotropic Substance Act
(E) Prevention of Money Laundering Act
Which of the following terms is not used in banking world?
(A) Credit
(B) Rate
(C) Financial status
(D) Discount
(E) Absolute zero
Which of the following organizations provides credit history of the borrowers?
(A) CIBIL
(B) ARCIL
(C) SEBI
(D) RBI
(E) CCIL
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