Banking Awareness Quiz Set 28

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Banking Awareness Quiz Set 28

1. Which of the following is not shared by the centre and the states?

2. The place where bankers meet and settle their mutual claims and accounts is known as

3. Economic planning is an essential feature of

4. Which of the following is considered as the founding father of World Bank?

5. Credit is a

6. Who compiles Economic Survey report in India?

7. SEBI is a

8. Which of the following remains at the top of the organizational structure of RBI?

9. Who nominates directors on the central board of RBI?

10. Teaser loan are generally given for

11. If the RBI wants to infuse credit in Banking system in our country, which of the followings can be done?

12. Buying and selling of eligible securities by RBI in the money market can be termed as

13. When the Government of India cannot raise enough financial resources through taxation, it finances its expenditure through various means like borrowing from market, running
down its balances with RBI etc. This can be exactly called as

14. Expand MAT related to tax?

15. Which agency in India provides refinance of export credit?

16. Expand FRBM.

17. If the rupees depreciate, what is the effect on the exporters?

18. What is Reserve Money (RM)?

19. Deficit financing can (these are also demerits of it)

20. What is the objective of introduction of ‘Marginal Standing Facility’ by RBI?

21. The tax payers data flows directly from banks to Tax Information Network (TIN). Who maintains TIN?

22. RBI issued its first banknote in Jan 1938 bearing the portrait of George IV. What was its denomination?

23. Expand CIN with respect to OLTAS.

24. When were banknotes in the Mahatma Gandhi Series introduced?

25. What is the meaning of ‘I promise to pay’ clause written on notes?

26. Banknotes can be issued in any denominations but coins can be issued up to what denomination?

27. Consider these statements:-
Statement I – RBI decides volume and value of banknotes to be printed.
Statement II – RBI decides volume and value of coins to be minted.

28. To enforce law and order Government of India has many agencies. SFIO is one of them. Expand it.

29. Consider these statements:-
Statement I – Other than Rs. 1000 note, the security threads of the banknotes contain the word ‘Bharat’ in Devanagari script and ‘RBI’ alternatively.
Statement II – In Rs. 1000 note, the security thread contains the word ‘Bharat’ in Devanagari script, ‘1000’, and ‘RBI”.

30. Consider these statements:-
Statement I – One rupee note is the liability of GOI.
Statement II – Two rupee note is the liability of RBI.



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