Banking Questions for Lakshmi Vilas Bank [TEST-2]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The primary monetary policy technique employed by the Reserve Bank of India is.....
A
Reserve requirements
B
Open market operations
C
Discount policy
D
Margin requirements
Bank exam Questions answers
Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is the negotiable instrument?
A
Fixed Deposit of a Bank
B
Share certificate issued by a PSU
C
Demand Draft issued by a bank
D
Debenture of a company
Civics Test Questions answers
Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Reserve Bank of India has power to print currency notes of up to Rs.?
A
1, 000
B
5, 000
C
10, 000
D
15000
GK (GENERAL KNOWLEDGE) Questions answers
Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
To control inflation the central bank should-
A
Sell government securities and decrease bank rate
B
Sell government securities and increase bank rate
C
Purchase government securities and increase bank rate
D
Purchase government securities and to decrease bank rate
KBC Questions answers
Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The first one rupee note was printed in India on..... with the photo of King George V.
A
30th November 1915
B
30th November 1917
C
30th November 1923
D
30th November 1921
KBC Questions answers
Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:
A
Public
B
Relatives in the from of loans
C
Friends
D
None of these
KBC Questions answers
Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Under which act NBFCs are incorporated?
A
Banking Regulation Act, 1949
B
Companies Act, 1956
C
RBI Act 1934
D
SBI Act 1955
Computer science (GATE/NET) Questions answers
Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
SEBI is a/n [Indian Overseas Bank 2011]
A
Advisory body
B
Statutory body
C
Constitutional body
D
Non-statutory body
Latest Current affairs Questions answers
Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who amongst the following is the regulator in the financial system of the country?
A
OIC
B
SEBI
C
CRISIL
D
TRAN
Aptitude Questions answers
Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Consider the following statements:
  1. Regional Rural Banks grant direct loans and advances to marginal farmers and rural artisans.
  2. NABARD is responsible for laying down policies and to oversee the operations of the RRBs.
  3. RRB is not responsible for laying down policies.
Which of the statements given above is/are correct?
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
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