Banking Questions for RBI Officer Grade C [TEST-7]

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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]
What is financial inclusion?
A
To provide banking services to all those living in remote areas
B
To provide a 100 days job to all those who are in need of a job
C
To provide a permanent employment to the unemployed
D
To ensure that all financial transactions amounting Rs. 5, 000/-and above are done through banks
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Invisible export means export of.....
A
Services
B
Prohibited goods
C
Unrecorded goods
D
Goods through smuggling
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A type of economy that still uses various means of social support, is called-
A
Capitalist Economy
B
Mixed Economy
C
Socialist Economy
D
Traditional Economy
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the main business of commercial banks?
A
lending and deposits from public
B
lending and deposits from corporation
C
Both A and B
D
None
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Mobile tower arm of telecom major Bharti Airtel, Infratel announced that it has received clearance from..... for its merger with Indus Towers.
A
FICCI
B
TRAI
C
RBI
D
SEBI
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Nachiket Mor committee has submitted its recommendations which are related to:
A
Insider Trading
B
Financial Inclusion
C
Micro Financing
D
Macro Financing
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The..... is usually comprised of organizations that are owned and operated by the government and exist to provide services for its citizens.
A
citizen sector
B
limited sector
C
public sector
D
private sector
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The stance of RBI monetary policy is [BOB 2008]
A
inflation control with adequate liquidity for growth
B
improving credit quality of the Banks
C
strengthening credit delivery mechanism
D
Any of the above
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
SEBI Mutual Fund Regulations came up in which of the following years?
A
1992
B
1996
C
1994
D
1984
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
RBI has raised the exposure limit under ETCD trading for residents and FPIs to USD..... million across all currency pairs involving the Indian rupee.
A
USD 1000 million
B
USD 10 million
C
USD 50 million
D
USD 100 million
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