Banking Quiz 15

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.  __________ is a technique to determine the relative value of different currencies. It provides international comparison of incomes also.

(a) Exchange Rate
(c) Purchasing Power parity
(d) Purchasing power trending
(e) None of these

2. Average annual growth of the agriculture sector in the Eleventh Five Year Plan was __:


3. Finance commission is constituted as per the provision of Article ___ of Indian constitution.

(a) Art 356
(b) Art 380
(c) Art 280
(d) Art 245
(e) None of these

4.  Expand MSS. It was introduced by RBI to manage excess liquidity arising out of huge capital flows coming to India from abroad.

(a) Market Sensitization scheme
(b) Money stabilization scheme
(c) Market stabilization scheme
(d) Money sensitization scheme
(e) None of these

5.   Who publishes LIBOR?

(a) British Bankers Association
(b) European Union
(c) IMF
(d) World Bank
(e) None of these

6.   Which of the following is a financial term?

(a) Mango groove
(b) Dahi hundis
(c) Plain vanilla
(d) Rising creep
(e) None of these

7. What is the average annual growth target of 12th Five Year Plan?

[A]7.6 per cent
[B]7.8 per cent
[C]8 per cent
[D]8.2 per cent

8. When was Financial Market Committee (FMC) constituted? This committee review development in money, foreign exchange and G-Sec markets on a regular basis.

(a) 1992
(b) 1996
(c) 2006
(d) 1997
(e) None of these

9. Projects with a minimum of which amount are tracked by National Manufacturing Competitiveness Council?

[A]Rs. 500 crore
[B]Rs. 1,000 crore
[C]Rs. 1,500 crore
[D]Rs. 2,000 crore

10. Who heads the National Ministerial Committee under the Architecture for Cash Transfers?

[A]Prime Minister of India
[B]Finance Minister
[C]Food and Consumer Affairs Minister
[D]Deputy Chairman, Planning Commission

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