TEST SERIES - 55 (II)

TEST SERIES - 55 (II)

Professional Development

50 Qs

quiz-placeholder

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TEST SERIES - 55 (II)

TEST SERIES - 55 (II)

Assessment

Quiz

Professional Development

Professional Development

Hard

Created by

Nitin sir

FREE Resource

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Open Market Operations of Reserve Bank of India refer to

Trading in securities

Auctioning of Foreign Exchange

Transaction in Gold

None of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one of the following statements is correct regarding increase in the Cash Reserve Ratio (CRR) in India?

It increases credit creation

It reduces credit creation

It does not affect credit

It denotes liberal monetary policy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A customer wishes to purchase some US dollars in India. He/she should go to

Public Debt Division of the RBI only

American Express Bank only

RBI or any branch of a bank which is authorized for such business

Ministry of Foreign Affairs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Open market operations of RBI refer to buying and selling of

Commercial bills

Foreign exchange

Gold

Government bonds

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Bank Rate is the rate interest at which the Reserve Bank of India provides loans to the

Scheduled Commercial Banks

Public Sector

Corporate Sector

Foreign Institutional Investors

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who central the activities of indigenous bankers?

Lead Bank

Regional Rural Bank

Reserve Bank of India

None of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which among the following sectors contributes most to the saving in India?

Banking and financial sector

Private corporate sector

Export sector

Household sector

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