Q 3.Money laundering normally involves
Anonymous Quiz
7%
(a) placement of funds
2%
(b) layering of funds
16%
(c) integration of funds
74%
(d) all the above
Q 4.In which of the following years India switched over to decimal
currencies?
currencies?
Anonymous Quiz
10%
(a) 1955
43%
(b) 1956
33%
(c) 1957
15%
(d) 1960
Q 5.In which year the Indian rupee was devalued two times within a
month?
month?
Anonymous Quiz
17%
(a) 1990
65%
(b) 1991
9%
(c) 1994
9%
(d) 1999
Q 1.The one rupee note bears the signature of the
Anonymous Quiz
61%
(a) Secretary, Ministry of Finance
20%
(b) Governor, RBI
20%
(c) Finance Minister
0%
(d) None of these
Q2.Which of the following is not true when the interest rate in the
economy goes up?
economy goes up?
Anonymous Quiz
16%
(a) Saving increases
24%
(b) Lending decreases
39%
(c) Cost of production increases
21%
(d) Return on capital increases
Q 3.High rates of interest in a low inflation region
Anonymous Quiz
40%
(a) attract people to make an investment
46%
(b) discourage people to make an investment
6%
(c) create atmosphere for capital formation
9%
(d) are not favourable for credit expansion
Q4.The banks are required to maintain a certain ratio between their cash in
hand and total assets. This is called
hand and total assets. This is called
Anonymous Quiz
10%
(a) Statutory Bank Ratio (SBR)
79%
(b) Statutory Liquid Ratio (SLR)
10%
(c) Central Bank Reserve (CBR)
2%
(d) Central Liquid Reserve (CLR)
Q 5.Paper currency first started in India in
Anonymous Quiz
47%
(a) 1861
16%
(b) 1542
16%
(c) 1601
21%
(d) 1880
Q 1.Note issuing department of RBI should always possess the minimum
gold stock of worth—
gold stock of worth—
Anonymous Quiz
18%
(a) 85 crore
39%
(b) ` 115 crore
37%
(c) ` 200 crore
5%
(d) None of these
Q 2.Which of the following does not grant any tax rebate?
Anonymous Quiz
17%
(a) National Saving Certificate
33%
(b) Indira Vikas Patra
22%
(c) National Saving Scheme
28%
(d) Public Provident Fund
Q 3.Which of the following is correct regarding reserve currency?
Anonymous Quiz
21%
(a) It is used as a global pricing currency for commodities like oil and gold.
21%
(b) The country issuing it enjoys lower international commodity rates.
54%
(c) Both (a) and (b)
4%
(d) Neither (a) nor (b)
Q 4.Which of the following statements about 'RESIDEX' are correct?
Anonymous Quiz
11%
(a) It tracks residential property prices based on actual transactions.
25%
(b) It uses secondary data from sources like housing finance companies and banks.
64%
(c) Both (a) and (b)
0%
(d) Neither (a) nor (b)
Q 5.Which of the following activities promote financial inclusion in India?
Anonymous Quiz
23%
(a) 1, 2 and 3 only
41%
(b) 2, 3 and 4 only
36%
(c) 1, 3 and 4 only
0%
(d) 2 and 3 only
Q 1.Currency devaluation done by the government leads to which of the
following?
following?
Anonymous Quiz
20%
(a) Fall in domestic prices
34%
(b) Increase in domestic prices
26%
(c) No impact on domestic prices
20%
(d) Irregular fluctuations in domestic prices.
Q 2.An economy with very low rate of interest and where economic agents
expect the interest rate to rise in future and consequently bond prices to
fall, causing capital loss in the economy is going through a situation known as
expect the interest rate to rise in future and consequently bond prices to
fall, causing capital loss in the economy is going through a situation known as
Anonymous Quiz
11%
(a) Hyperinflation
21%
(b) Double dip recession
32%
(c) Slow down in the economy
36%
(d) Liquidity trap
Q 3.Consider the following statements :
(1) Fiat money is a term used for Gold coins
(2) Currency Deposit Ratio is the proportion of the total deposits commercial banks keep as reserves. Which of the above statements is/are correct?
(1) Fiat money is a term used for Gold coins
(2) Currency Deposit Ratio is the proportion of the total deposits commercial banks keep as reserves. Which of the above statements is/are correct?
Anonymous Quiz
7%
(a) 1 only
26%
(b) 2 only
48%
(c) Both 1 and 2
19%
(d) Neither 1 nor 2
Q 4.Which RBI action helps inject liquidity into the banking system?
Anonymous Quiz
56%
(a) Buying government securities
19%
(b) Raising CRR
22%
(c) Entering reverse repo
3%
(d) Increasing SLR
Q 5.Which of the following is correct about microfinance in India?
Anonymous Quiz
22%
(a) Micro-credit given by banks is part of priority sector lending
25%
(b) RBI mandates a specific model for microfinance
47%
(c) Both (a) and (b)
6%
(d) Neither (a) nor (b)
Q 1.Devaluation is done by government, while depreciation happens due to market forces. Which is correct?
Anonymous Quiz
16%
(a) Only devaluation
35%
(b) Only depreciation
49%
(c) Both
0%
(d) Neither
Q 2.Consider the following statements about Marginal Standing Facility (MSF): (1) MSF reduces overnight rate volatility.
(2) MSF borrowing is over SLR.
Which is correct?
(2) MSF borrowing is over SLR.
Which is correct?
Anonymous Quiz
20%
(a) 1 only
24%
(b) 2 only
48%
(c) Both
8%
(d) Neither