Current Affairs - Quiz -5

10 Questions | Total Attempts: 139

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Current Affairs - Quiz -5


Questions and Answers
  • 1. 
    Which of the following countries is not a member of the G-20?      
    • A. 

      1) South Korea

    • B. 

      2) Brazil

    • C. 

      3) China

    • D. 

      4) USA

    • E. 

      5) Iran

  • 2. 
    Which of the following has been introduced by the banks in India to increase financial inclusion?      
    • A. 

      1) Stimulus package

    • B. 

      2) Internet Banking

    • C. 

      3) Business correspondent

    • D. 

      4) Corporate Banking

    • E. 

      5) None of these

  • 3. 
    What period has been fixed by the government for the Twelfth Five Year Plan in India?      
    • A. 

      1) 2010-15

    • B. 

      2) 2011-16

    • C. 

      3) 2012-17

    • D. 

      4) 2013-18

    • E. 

      5) 2014-19

  • 4. 
    For achieving which of the following objectives the Reserve Bank of India (RBI) employs open market operations are employed by?      
    • A. 

      1) To control the reserve base of banks

    • B. 

      2) To minimise fluctuation in money supply

    • C. 

      3) As an adjunct to the Bank Rate to make it function more effectively

    • D. 

      4) All of the above

    • E. 

      5) None of the above

  • 5. 
    What is the minimum time of operation an insurance company is required to complete for becoming eligible to issue an initial public offer (IPO)?      
    • A. 

      1) 3 years

    • B. 

      2) 5 years

    • C. 

      3) 7 years

    • D. 

      4) 10 years

    • E. 

      5) 12 years

  • 6. 
    The concept of “Carbon Credit” is associated with which of the following fields?      
    • A. 

      1) Protection of environment

    • B. 

      2) Women empowerment

    • C. 

      3) Development of rural infrastructure

    • D. 

      4) Development of coal mines

    • E. 

      5) None of these

  • 7. 
    Which of the following companies has been asked by the Reserve Bank of India (RBI) to close down its deposit taking operations?      
    • A. 

      1) Shriram Transport Finance Company Ltd

    • B. 

      2) Bajaj Finance Ltd

    • C. 

      3) Mahindra & Mahindra Financial Services Ltd

    • D. 

      4) Muthoot Finance Ltd

    • E. 

      5) Sahara India Financial Corporation

  • 8. 
    The banker is under an obligation to take utmost care in keeping secrecy of the details of the customer. However, the obligation of secrecy is not valid when:      
    • A. 

      1) A banker is required to give evidence in a court.

    • B. 

      2) There is national emergency and disclosure is essential in the public interest.

    • C. 

      3) There are clear proofs of treason to the state and when consent is given by the customer to provide information for the preparation of balance sheet.

    • D. 

      4) All of the above

    • E. 

      5) None of the above

  • 9. 
    Which of the following is the first Indian bank to open a branch outside India in London in 1946 and the first to open a branch in continental Europe in Paris in 1974?      
    • A. 

      1) Bank of Maharashtra

    • B. 

      2) Bank of Allahabad

    • C. 

      3) Bank of India

    • D. 

      4) Bank of Punjab

    • E. 

      5) Hindustan Bank

  • 10. 
    Which of the following is decided by the market situations and not by the Reserve Bank of India (RBI)?      
    • A. 

      1) Bank Rate

    • B. 

      2) CAR

    • C. 

      3) SLR

    • D. 

      4) Repo Rate

    • E. 

      5) Inflation

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