Banking Questions for RBI Officer Grade B [TEST-9]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Reserve Bank of India (RBI) recently announced a hike in some policy rates and also indicated that there may be another change in near future. Which of the following is/are considered a policy rate(s) in the hands of the RBI? [Corporation Bank 2010]
  1. Repo Rate
  2. SLR
  3. Inflation
A
Only 1
B
Only 2
C
Only 3
D
Only 1 & (2)
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is not necessarily involved in an IPO process?
A
Register of companies
B
Underwriter
C
Investment bank
D
Registar of Issues
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which nationalized bank was the first to sponsor a regional rural bank in India?
A
Syndicate Bank
B
Bank of India
C
Union Bank of India
D
Central Bank of India
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Kisan Credit Card Scheme (KCC) was introduced in 1998-99 to improve the credit delivery to farmers. Which one of the following does not operate this scheme?
A
NABARD
B
Co-operative Banks
C
Regional Rural Banks
D
Schedules Commercial Banks
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy, means
A
Sale or purchase of Govt. securities
B
Issuance of different types of bonds
C
Auction of gold
D
To make available direct finance to borrowers
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which one of the following is not a salient feature of debit card?
A
No bad debts to banks and no suits for recovery
B
No interest earning for banks
C
Works like a normal withdrawal slip
D
45 days credit is given to the card holder
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Reserve Bank of India switched back to the Gross Domestic Product (GDP)-based measure to offer its growth estimates from the GVA methodology. GVA stands for-
A
General Value Added
B
Gross Value Added
C
Gross Vehicle Added
D
Gross Value Agency
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Call money is related to-
A
Share Market
B
Government Securities
C
Post Office Deposit
D
Banks Deposit
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Each subscriber under APY shall receive a Central Government guaranteed minimum pension of-
A
Rs. 2000 per month
B
Rs. 3000 per month
C
Rs. 4000 per month
D
Rs. 1000 per month
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who among the following are the beneficiaries of the RS.Reverse Mortgage Scheme'.?
A
Government Employees
B
Senior Citizens
C
Unemployed Persons
D
Persons of BPL Category
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