Banking Questions for Bank of Maharashtra – PGDBF Manipal university [TEST-2]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Currency swap is an instrument to manage.....
A
Interest Rate Risk
B
Currency Risk
C
Cash flows in different countries
D
All of the Above
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following interest rates are not fixed by RBI and left to the discretion of the Bank concerned?
  1. Saving Bank deposits
  2. DRI Advances
  3. Ceilling rates on FCNR/NRE deposit accounts
  4. Ceiling rates on export credit facilities
A
1 and 4
B
1 and 3
C
Only 1
D
Only 4
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Consider the following statements:
  1. The Reserve Bank of India (RBI) has said the investment limit in the inflation indexed bonds for individuals has been doubled to Rs 10 lakh.
  2. Interest rates on the bonds are linked to Consumer Price Index (CPI).
Which of the statements given above is/are correct?
A
1 only
B
1 and 2
C
2 only
D
Either 1 or 2
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
SME Stands for:
A
Small and Medium Enterprises
B
Selling and Marketing Establishment
C
Selling and Managing Employee
D
Sales and Marketing entity
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What happens when CRR is increased?
A
It decreases money supply
B
It increases demand for money
C
It decreases inflation
D
All of the above
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who was the chairperson of the External Advisory Committee (EAC) for Small Finance Banks?
A
Deepak Phatak
B
MS Sahoo
C
Usha Thorat
D
Nachiket M Mor
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is the base colour of 2000 rupee note?
A
Stone Grey
B
Green
C
Orange-Violet
D
Magenta
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Under provisions of which one of the following Acts does the RBI issue directives to the Banks in India?
A
RBI Act
B
Banking Regulation Act
C
Essential Commodities Act
D
RBI and Banking Regulation Act
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Coins are minted at?
A
Mumbai
B
Hyderabad
C
Noida
D
All of these
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Credit Card is an essential component of which of the following?
A
Electronic Commerce
B
Internet Commerce
C
Both A and B
D
None of The Above
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