Banking Questions for Bank of Maharashtra – PGDBF Manipal university [TEST-9]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
India has signed a loan agreement of 36 million dollars with the World Bank for Himachal Pradesh Public Financial Management Capacity Building Programme. Who is present President of World Bank?
A
Tedros Adhanom Ghebreyesus
B
Jim Yong Kim
C
Takehiko Nakao
D
Christine Lagarde
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What was the fiscal deficit for 2013-14, as disclosed in the Economic Survey 2013-14?
A
4.1% of GDP
B
4.2% of GDP
C
4.3% of GDP
D
4.5% of GDP
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Many a times we read in the news paper about CASA deposits of banks. CASA deposits are
A
Demand deposits
B
Term deposits
C
Hybrid deposits
D
Recurring deposits
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Many a times Government raises additional resources through taxation & allocation of expenditure as per its requirements. It is known as.....
A
Credit Policy
B
Fiscal Policy
C
Monetary policy
D
Taxation Policy
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the eligibility or entry point norms for registration of an IFC-NBFC with RBI?
A
A minimum of 75 per cent of the total assets of an IFC-NBFC should be deployed in infrastructure loans
B
The company should have minimum net-worth of Rs 300 crore
C
The CRAR of of the company should be at 15% with Tier I capital at 10%
D
All of the above
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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 an objective of fiscal policy of Indian Government?
A
Full employment
B
Regulation of Inter-State-trade
C
Price stability
D
Equitable distribution of wealth & income
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Individual taxpayers having taxable annual income up to Rs..... will not be required to pay any income tax.
A
Rs.5 lakhs
B
Rs.3 lakhs
C
Rs.7 lakhs
D
Rs.4 lakhs
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The 12th informal meeting of SAARC Finance Ministers was held in..... on the sidelines of the 51st Annual Meeting of Asian Development Bank (ADB).
A
Jakarta, Indonesia
B
Geneva, Switzerland
C
Manila, Philippines
D
Kathmandu, Nepal
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with..... equity.
A
100% GOI equity
B
50% GOI and 50% RBI
C
50% GOI, 25% RBI, 25% Sponsor Bank
D
50% Sponsor Bank and 50% RBI
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A closed economy is?
A
Only Exports take place
B
Only Imports take place
C
Imports and exports take place
D
Neither Imports nor Exports take place
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