Banking Quiz 10

Bankers Adda is also known Banking Quiz Adda.
Today Bankers Adda came back with a New Quiz on Banking.
Go through the quiz and if you have any doubts please contact bankers adda in the comment section.

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1. When was Indian currency Rupees de-linked from Pound Sterling and was linked to basket of currencies?

(a) 1978
(b) 1975
(c) 1976
(d) 1977
(e) None of these

2. If RBI stops a commercial bank from any type of transaction, this act can be called as which type of credit control measure of RBI?

(a) Moral persuasion
(b) Credit authorization scheme
(c) Direct action
(d) (a) & (b) both
(e) None of these

3. The recently released data on India’s services exports reveal that India’s services exports rose by 9.5 percent to USD 12.28 billion. The data on India’s services trade is released by __?

[A]Central Statistical Office (CSO)
[B]Reserve Bank of India (RBI)
[C]Ministry of Commerce & Industry
[D]Ministry of Statistics and Programme Implementation

4.     Expand DBT

(a) Direct Belated Transaction
(b) Direct Benefit Transfer
(c) Direct Bridged Transaction
(d) Direct Belated Transfer
(e) None of these

5. A commercial bank will launch a medium term note (MTN) programme to ___:
[A]Provide loans
[B]Raise Funds
[C]Sell Equity
[D]Purchase shares

6. The government of India can interfere in the prices of which among the following?
3.Natural Gas
4.Choose the correct option from the codes given below:

[A]Only 2 & 3
[B]Only 2
[C]1, 2 & 3
[D]Only 3

7. Who governs co-operative banks in India?

(a) GOI
(b) Respective state governments
(c) RBI
(e) None of these

8.  The SARFAESI act is meant to

(a) For speedy loan amount dispatch
(b) For faster sanction of loan and advances
(c) Make recovery of bad loan simpler
(d) Enable banks to recover loan amount without intervention of courts
(e) None of these

9. ‘Land Development Banks’ which have formed meet the long term period credit requirements of the farmers, are now known as _______.

(b) SIDI
(c) UCBs
(d) PDs
(e) None of these

10. Which of the following committee is related to Capital Account Convertibility of Rupay?

(a) The Tarapore Committee
(b) The Narsimham Committee
(c) The V Sanahta committee
(d) Chandrashekhar committee
(e) None of these

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