Banking Questions for NIACL Assistant [TEST-1]

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Banking awareness questions

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following agencies in India is responsible for computation of national income?
A
NCAER
B
CSO
C
NSS
D
RBI
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The term 'Ways and Means' advances refers to-
A
the advances allowed under DRI Scheme by commercial banks
B
the advances allowed by commercial banks under Twenty Point Economic Programme
C
the temporary advances made to the government by its bankers to bridge the interval between expenditure and the flow of receipts of revenues
D
All of the above
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What happens to corporate bond with a fixed interest rate, if interest rates in nation increase?
A
decrease in value
B
Be returned to corporation
C
remain unchanged
D
increase in value
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Mutual funds in India are permitted to invest in which of the followings?
A
Securities
B
Securities and Gold
C
Securities other than Real Estate
D
Securities, Gold and Real Estate
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In the Union Budget 2014-15, the govt. announced setting up of a commission to bring in reforms related to spending for achieving maximum output. What is the name given to this commission?
A
Expensable Management Committee
B
Expenditure Management Commission
C
Expedia Management Commission
D
Expenditure Maximum Commision
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following organization is made specifically responsible for empowering Micro, Small and Medium enterprises in India?
A
NABARD
B
RBI
C
SIDBI
D
ECGC
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In which year SMERA (Small & Medium Enterprises Rating Agency) was established?
A
2002
B
2005
C
2008
D
2001
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What can be the minimum initial contribution to the paid-up equity capital of small finance banks?
A
25%
B
40%
C
75%
D
50%
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The promoter's minimum initial contribution to the paid-up equity capital of such small finance bank shall at least be---------?
A
50 per cent
B
40 per cent
C
60 per cent
D
30 per cent
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which state has the highest number of RRBs in India?
A
Uttar Pradesh
B
Bihar
C
West Bengal
D
Maharashtra
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