Banking Quiz 30

Bankers Adda is also known as 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.  Which of the followings can be used for Current Account Deficit financing?

(a) FII only
(b) FDI only
(c) ECB only
(d) Both FII and FDI only
(e) All FII, FDI and ECB

2. Our latest Budget proposed for India’s first Women’s Bank as a public sector bank. What will be the initial capital of the bank?

(a) 100 crores
(b) 500 crores
(c) 1,000 crores
(d) 1,500 crores
(e) None of these

3.  What is the base year of new index of Industrial production?

(a) 2003-04
(b) 1998-99
(c) 2001-02
(d) 2004-05
(e) None of these

4.  What is the total numbers of commodity items in the new WPI series?

(a) 550
(b) 675
(c) 676
(d) 555
(e) None of these

5.  What is the base year for the calculation of Gross Domestic Product (GDP)?

(a) 2002-03 prices
(b) 1998-99 prices
(c) 2009-10 prices
(d) 2004-05 prices
(e) None of these

6.  Which of the following can be called as ‘National Income’?

(a) Net National Income at factor cost
(b) Gross National Income at factor cost
(c) Net Domestic Product at factor cost
(d) Gross Domestic Product at factor cost
(e) None of these

7.  Expand FIPP –

(a) Foreign Investment Promotion Brochure
(b) Foreign Investment Production Board
(c) Foreign Investment Promotion Board
(d) Foreign Direct Investment Promotion Board
(e) None of these

8.  What is ‘STT’?

(a) Standard Transaction Tax
(b) Securities transaction tax
(c) Securities transfer tax
(d) Standard transfer tax
(e) None of these

9.  Bureau of Indian Standards (BIS) has its headquarters in

(a) Mumbai
(b) Kolkata
(c) Bhubaneswar
(d) New Delhi
(e) None of these

10.  As per the latest budget, which date has been fixed for all branches of public sector banks to have ATM?

(a) 31st March, 2014
(b) 30th June, 2014
(c) 31st March, 2015
(d) 31th June, 2015
(e) None of these

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