Banking Questions for IBPS SO (NABARD) [TEST-7]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In India, Scheduled Commercial Banks are those Banks included?
A
In the 2nd Schedule of RBI Act 1934
B
In the 2nd Schedule of BR Act 1949
C
In the 2nd Schedule of NI Act 1881
D
In the 2nd Schedule of Companies Act 1956
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A 10-member High Level Task force was constituted by RBI on Public Credit Registry under the chairmanship of which of the following persons?
A
Nandan Nilekani
B
ABP Pandey
C
Urjit Patel
D
Y M Deosthalee
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
GMR Goa International Airports Ltd, a subsidiary of GMR Airports Ltd, has executed a debt facility agreement for the development of Greenfield airport at Mopa. The entire debt of Rs. 1, 330 crore was underwritten by-
A
Bank of Baroda
B
SBI
C
HDFC Bank
D
Axis Bank
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Name the India-born Harvard University professor who has been appointed as the Chief Economist of the International Monetary Fund (IMF) by IMF's Managing Director Christine Lagarde.
A
Gita Gopinath
B
Mridula Sinha
C
Roopam Shah
D
Garima Seth
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which is not an example of near money?
A
Bill of exchange
B
Govt. bonds and debentures
C
Equity shares of Ranbaxy company limited
D
Treasury bills of the Government of India
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
All of the following are useful options for the government to pursue to bolster foreign exchange reserves, except to
A
impose exchange controls
B
impose export controls
C
adjust the exchange rate
D
permit a free floating exchange rate
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
..... is a deposit of money that has a fixed time and pays higher interest than a Saving Bank Account.
A
Fixed Deposit Account
B
Savings Bank Account
C
Current Account
D
All of the above
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Using futures contracts to transfer price risk is known as which of the following?
A
hedging
B
arbitrage
C
speculating
D
diversifying
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the reserve deposit ration (RDR)?
A
the proportion of money RBI lends to commercial banks
B
the proportion of total deposits commercial banks keep as reserves
C
the total proportion of money that commercial banks lend to the customers
D
none of the above
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Balance of trade of a country is equivalent to
A
difference between the inward and outward remittances made in foreign exchange.
B
surplus generated shown in a trading account.
C
difference between exports and imports.
D
All of the above
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