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

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Consider the following statements in the context of governance.
  1. Encouraging foreign direct investment inflows
  2. Privatisation of higher educational institutions
  3. Down-sizing of bureaucracy
Which of the above can be used as measures to control the fiscal deficit in India?
A
Only 1
B
Only 2
C
Only 3
D
All of the above
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The largest share of Gross Domestic Product (GDP), in India comes from
A
agriculture and allied sector
B
manufacturing and construction
C
service sector
D
defence and public administration
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The AIIB has approved its first loan to....., its largest shareholder, to reduce its dependence on coal by over 600, 000 tonnes annually by building a natural gas distribution network for villages.
A
Singapore
B
India
C
China
D
Japan
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
..... and NITI Aayog have tied up to offer internship programme for the top performing students selected by Atal Innovation Mission (AIM).
A
Apple
B
Google
C
Facebook
D
IBM
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Capital market is a market which deals in
A
Short-term funds
B
Long-term funds
C
Gilt-edge securities
D
None of these
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following cannot be called as a debt instrument as referred in financial transactions?
A
Certificate of deposits
B
Bonds
C
Stocks
D
Loans
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Definition of 'Banking' is given in-
A
Negotiable Instrument Act, 1881
B
RBI Act, 1934
C
The Banking Regulation Act, 1949
D
Indian Contract Act, 1872
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which Bank has been categorized as a private sector lender following the acquisition of majority stake by Life Insurance Corporation?
A
UCO Bank
B
Vijaya Bank
C
Corporation Bank
D
IDBI Bank
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Along with Government of India, ..... are responsible for the design, production and overall management of the nation's currency, with the goal of ensuring an adequate supply of clean and genuine notes.
A
NABARD
B
Finance Ministry
C
RBI
D
SEBI
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A foreign bank is one
A
whose most of the branches are situated outside India
B
in which atleast 40% equity shares are held by non-resident Indians
C
which is incorporated outside India
D
All of the above
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