Banking Quiz 14

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. Market regulator Sebi has set up a committee headed by former cabinet secretary K M Chandrashekhar to look into various matters related to __:

[A]Investor Protection
[B]Foreign Investments Policy
[C]Stock Exchange Regulation
[D]Stock Exchange Reforms

2. On which among the following dates, National Development Council was set up?

[A]9th August 1960
[B]6th August 1952
[C]15th September 1958
[D]29th August 1960

3. Goods and Services Tax (GST), if implemented will be a basically ________ tax.

(a) Corporate tax
(b) Value added tax
(c) Income tax
(d) All of the above
(e) None of these

4. As per the recent estimates, the country with the worst inflation situation in the world is __:


5. Malanjkhand mine famous for copper reserves is in which of the following states?

[D]Madhya Pradesh

6. Open Market Operations (OMO) of are the example of

(a) Fiscal policy
(b) Direct action
(c) Morale suasion
(d) Liquidity control
(e) None of these

7. When was Central Statistical Organization (CSO) established? CSO conducts economic census in our country. Its headquarters are in New Delhi.

(a) 1948
(b) 1949
(c) 1951
(d) 1952
(e) None of these

8. When was Fiscal Responsibility and Budget Management Act (FRBM) passed?

(a) 2001
(b) 2002
(c) 2006
(d) 2003
(e) None of these

9. Which one of the following is the safest form of crossed cheques?

(a) Crossed stating account payee
(b) Specially crossed
(c) Double crossing
(d) Crossed with signature
(e) General crossing

10. Chairman of the 14th Finance Commission is __:

[A]Shankar Acharya
[B]Y. V. Reddy
[C]Bimal Jalan
[D]SS Tarapore

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