Awareness
ISBT Awareness for all banking PO,Clerk,IBPS PO,Railway,SSC,IAS,OAS Exams
Q1621. | Which public sector financial entity celebrated its
Golden Jubilee during July 2014? |
| 1) | LIC |
2) | IDBI |
| 3) | UTI |
4) | NHB |
| 5) | None of these |
Answer : IDBI
View AnswerQ1622. | The name of Vakrangee Limited, Prizm Payment
Services and Muthoot Finance came to news in context with which of the
following fields ? |
| 1) | Ban on NBFCs proposed by the RBI |
2) | New banking licences |
| 3) | Setting up of Payments Banks |
4) | Setting up of white label ATMs |
| 5) | None of these |
Answer : Setting up of white label ATMs
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Q1623. | A Cross Cheque is one, which can be encashed only; |
| 1) | by the drawee |
2) | through a bank |
| 3) | through the SBI |
4) | after it has been transferred to another person |
Answer : through a bank
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Q1624. | Commercial Banks finance rural credit directly and through : |
| 1) | NABARD |
2) | Rural Banks |
| 3) | Co-operative Societies |
4) | State Government |
| 5) | None of these |
Answer : Rural Banks
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Q1625. | The maximum amount of the total revenue earned by the government of India comes from-
|
| 1) | Income Tax |
2) | VAT |
| 3) | Customs Duty |
4) | Excise Duty |
| 5) | Corporate Tax |
Answer : Corporate Tax
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Q1626. | Present minimum & maximum limit for RTGS transactions is ____. |
| 1) | Rs.50000, Rs 200000 |
2) | Rs.5 lac, Rs 10 lac |
| 3) | Rs. 2 lac, Rs 5 lac |
4) | Rs. 1 lac, No Limit |
| 5) | Rs. 2 lac, No Limit |
Answer : Rs. 2 lac, No Limit
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Q1627. | Which among the following organization has got the principal approval from the Reserve Bank of India (RBI) for establishing as well as operating White Label ATMs (WLAs) ? |
| 1) | Muthoot Finance |
2) | Union Bank of India |
| 3) | LIC (Life Corporation of India) |
4) | NICL (National Insurance Company Limited) |
| 5) | None of these |
Answer : Muthoot Finance
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Q1628. | Which of the following tool is used frequently by the RBI to control credit and monetary situations of the markets in the country? |
| 1) | Cash Reserve Ratio |
2) | Real Time Gross Settlement (RTGS) |
| 3) | Balance of Trade |
4) | Forward Trade Agreements |
| 5) | Electronic Clearing Service |
Answer : Cash Reserve Ratio
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Q1629. | Which of the following is not a tool in the hands of RBI to control the inflationary pressure in the country ? |
| 1) | Bank Rate |
2) | Special Drawing Rights (SDR) |
| 3) | Statutory Liquidity Ratio (SLR) |
4) | Cash Reserve Ratio (CRR) |
| 5) | None of these |
Answer : Special Drawing Rights (SDR)
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Q1630. | Which of the following best defines a floating-rate bond ? |
| 1) | A bond with a fixed interest rate and has better yield than varying interest rate bond |
2) | A bond with a fixed interest rate and has lower yield than varying interest rate bond |
| 3) | A bond with a varying interest rate and has better yield than fixed interest rate bond |
4) | A bond with a varying interest rate and has lower yield than fixed interest rate bond |
| 5) | None of these |
Answer : A bond with a varying interest rate and has lower yield than fixed interest rate bond
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