Money & Banking

NABARD was established in 1982 by the act of Parliament. 2. It provide facility of credit only for the agriculture. Among these - Only 1 is correct * NABARD produces refinance [U.P.P.C.S. (Spl.) (Mains) 2004] - For agriculture and rural development * The Apex Institution to finance agriculture credit in India is [U.P.P.C.S. (Pre) 2005] - NABARD 134. In India, the Bank NABARD does not provide refinance to :

Money multiplier in India is defined as :

What is black money?

Which of the following was not the stated objective of demonetization in India?

Paper currency was first started in India in :

In India, the decimal coinage system was introduced in the year :

The Reserve Bank of India has the power to print currency notes of Rupees upto :

Note issuing department of RBI should always possess the minimum gold stock of worth :

Who is authorized to issue coins in India ?

Coins are minted in India at :

Which of the following is/are definite implication(s) of a fall in inflation rate : I. Prices have fallen. II. Prices are increasing more slowly than before. III. Food supply has increased. IV. There is industrial stagnation. Select the correct answer from the codes given below: Codes :

Who amongst the following benefits most from inflation:

Given below are two statements one is labelled as Assertion (A) and other as Reason (R): Assertion (A): The government faces a tough time tackling the bottleneck inflation. Reason (R): The situation is due to deficiencies existing in the economy such as supply bottleneck and inefficient distribution. Select the correct answer from the codes given below. Codes :

Core inflation is defined as :

The most common measure of estimating inflation in India is :

Consider the following statements with respect to Consumer Price Index and select the correct answer from the codes given below: 1. It computes price changes in both goods and services. 2. It is computed by the Office of Economic Advisor (OEA), Department of Industrial Policy and Promotion. 3. It is taken as the measure of inflation while formulating Monetary Policy by RBI. Codes:

The base of Consumer Price Index for industrial workers has been shifted from 1982 to :

Which of the following price index is used to compensate the wages of Central Government employees?

The basis of determining dearness allowances to employees of India is :

Which of the following Institution/Office bring out the Wholesale Price Index (WPI) data in India?

In calculation of Index of wholesale prices which one of the following sectors is assigned maximum weightage?

The new WPI series was introduced on :

Producer Price Index measures :

Which one of the following is NOT a method to control inflation?

Match List-I with List-II and choose the correct answer using the code given below : List-I (Banks) List-II (Year of Foundation) A. Allahabad Bank 1. 1874 B. Punjab National Bank 2. 1881 C. Awadh Commercial Bank 3. 1865 D. The Alliance Bank of Shimla 4. 1894 Code : A B C D

In the context of independent India's economy, which one of the following was the earliest event to take place?

The Government of India has nationalized 14 banks of the country in :

Consider the following statements : 1. Gorewala Committee’s recommendation led to the establishment of State Bank of India. 2. Six Commercial Banks were nationalized on April 15, 1980. Which one of the statements given above is/are correct?

The number of public sector banks in India (excluding State Bank of India Group) is presently :

With reference to ‘EASE-Index’, which of the following statements is/are correct? 1. It is a way to measure the performance of the public sector banks. 2. It measures the ease of doing business of MSMEs in India. Select the correct answer using the code given below - Code :

Which of the following is the commercial bank of public sector?

Which of the following is a private bank?

Which one of the following is not a nationalized bank?

The largest commercial bank of India is :

Which one of the following bank has formed 'farmers clubs' to reach out to the farmers easily ?

Since April, 2011, the SBI's Chairman was :

Which of the following banks has started the 'Simply Click' credit card scheme?

Which bank became the first bank to open its branch in China?

Which of the following Private Bank for the first time did set up its branch in China?

Which Indian commercial bank started the first ever moving ATM Services?

The Commercial Bank which has been merged with the Punjab National Bank is :

Which of the following institutions is involved in long-term industrial financing?

Match List-I with List-II and select the correct answer from the codes given below. List - I List - II (Bank) (Type) A. Indian Bank 1. Foreign B. ICICI Bank 2. Cooperative C. CITI Bank 3. Private D. Saraswat Bank 4. Public Codes A B C D

Which one of the following four Foreign Banks operating in India, has the largest number of branches in the country?

Consider the following : 1. Regional Rural Banks 2. Lead Bank Scheme 3. NABARD 4. State Bank of India The correct chronological sequence of establishment of these banks are :

Consider the following events and arrange them in chronological order with the help of code given below: I. First phase of Bank Nationalization II. Second phase of Bank Nationalization III. Establishment of Regional Rural Banks IV. Establishment of NABARD Code :

The 'Lead Bank' Scheme was launched in :

L.B.S. is one of the economic measures taken by the Government of India for financial inclusion. What is L.B.S. in this context?

Which of the following banks operates mainly in relation to small industries?

Consider the following pairs: (Name of the banks) (Locations of Head Office) 1. Allahabad Bank - Kolkata 2. Small Industries - Mumbai Development Bank of India 3. Indian Overseas Bank - Chennai Which one of the above pairs is not correctly matched?

Which one of the following is not the objective of financial inclusion?

Which one of the following is a hindrance in the process of financial inclusion?

With reference to India, consider the following events: 1. Nationalisation of Banks 2. Formation of Regional Rural Banks 3. Adoption of villages by Bank Branches Which of the above events can be considered as steps taken to achieve "financial inclusion in India"?

Who among the following was the Chairman of the 'Committee on Financial Inclusion' constituted in January 2005?

RBI has cleared the resolution to start Payment Banks in India for improving Financial Inclusion. Following committee had recommended the creation of Payment Banks :

What is 'Shadow Banking'?

RBI had set up a committee to study and give suggestions on the microfinance sector. Its Chairman was :

Which among the following is an asset for a Commercial Bank?

Non-performing assets in commercial banks mean:

Which one of the following banks is under the control of the Reserve Bank of India?

Basel II relates to which one of the following?

With reference to Deposit Insurance and Credit Guarantee Insurance Corporation, which of the following statements is/are correct? 1. A subsidiary of Reserve Bank of India. 2. Deposit upto Rs. 5 lakh are insured by it. Select the correct answer using the codes given below: <!-- PAGE 940 --> 941 # Codes :

Consider the following statements related to Reserve Bank of India (RBI) and choose the correct answer from the codes given below : I. It is the apex bank. II. It regulates the money supply. III. It provides loan to business families. IV. It monitors the work of NABARD. Codes :

Treasury bills are sold in India by :

The Reserve Bank of India does not carries out the transactions of which State Government?

Which one of the following statements is not correct?

Which of the following statements is not correct regarding the Reserve Bank of India?

Which one of the following is not a function of Reserve Bank of India?

Monetary Policy is :

Which one of the following is not an objective of Monetary Policy?

Who formulates the monetary policy in India?

In India 'Money and Credit' is controlled by the :

Which one of the following is not the method of quantitative credit control?

Open market operations of Reserve Bank of India refer to :

Given below are two statements, one labelled as Assertion (A) and other as Reason (R). Assertion (A): Under Operation Twist, RBI simultaneously sell short-term securities and buys long-term securities. Reason (R): The main objective of this operation is to promote long-term investment. Choose the correct answer from the codes given below. Codes:

Consider the following measures that RBI uses to control inflation in the economy. 1. Increase Bank Rate 2. Increase Cash Reserve Ratio 3. Increase Statutory Liquidity Ratio 4. Purchase of government securities Select the correct answer from the codes given below:

The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called:

Which of the following is not determined by Reserve bank of India?

Since the economic reforms were launched in India, which one of the following statements is true for Statutory Liquidity Ratio (SLR) and Cash Reserve Ratio (CRR) of the commercial banks :

The mandatory proportion of the total deposits and reserves of the commercial banks deposited with the Reserve Bank of India is called :

An increase in CRR by the Reserve Bank Of India results in :

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

Repo Rate comes under purview of :

The interest rate at which the Reserve Bank of India lends to Commercial banks in the short term to maintain liquidity is known as :

The rate at which banks lend to Reserve Bank of India is known as :

Bank Rate implies the rate of interest :

In the last one year i.e., June 2010 to June 2011, the difference between Repo Rate and Reverse Repo Rate is in the order of :

The Policy Repo Rate and Reverse Repo Rate announced by Reserve Bank of India on December 5, 2019 were respectively :

Consider the following Governors of Reserve Bank of India and arrange them in chronological order : I. Dr. C. Rangarajan II. Dr. I.G. Patel III. Dr. D. Subbarao IV. Dr. Manmohan Singh Select correct answer using the code given below :

Who among the following has not been the Governor of Reserve Bank of India?

The financial year for banks is April-March; but what is the financial year for RBI?

Negotiable Instruments Act came into effect in :

An International Financial Services Centre has been set up at :

Industrial Finance Corporation of India works as :

Which of the following is a marketing institution?

Which one of the following is not an apex institution?

Arrange the following in ascending order of time in relation to their establishment : 1. LIC 2. IDBI 3. SEBI 4. UTI Choose the correct answer from the codes given below: Codes :

For regulation of the insurance business in the country the government has formed :

The word 'Actuaries' is related to :

Provident Fund in India is :

Importance of which of the following institution in India has reduced to most :

Which among the following agency regulate the mutual funds in India?

Private Sector Mutual Funds in India were permitted in :

The objective of Unit Trust of India is :

The promoter of National Stock Exchange of India is:

As on March 2014, no. of companies BSE Greenex Index includes was :

The terms ‘Bull’ and ‘Bear’ are associated with which branch of commercial activity:

Which among the following is not a speculator in the stock exchange?

Insider trading is related to :

Capital Market means :

Which of the following is not a participant in the India’s money market :

For which, commercial paper is the source of credit?

Blue Chip means :

Gilt-edged market means :

Which one of the following is irrelevant in the context of share market?

What is ‘NIKKEI’ ?

Which of the following is related to Brent Index?

Which one of the following four countries economy has market-cap more than the size of its GDP ?

A company declares dividend on :

Which one of the following is different from the others from the point of view of ownership?

The first Land Development Bank was established in 1920. It was located in :

Land Development Banks is a part of :

Central Cooperative Banks work at :

As on March 2012, the number of Urban Cooperative Banks in India was :

Consumer Cooperative Stores are set up by :

The ‘National Bank for Agriculture and Rural Development’ was set up in the year :

The nodal agency for implementing the ‘Rural Infrastructure Development Fund Programmes’ is :

In India, Regional Rural Banks were established in the year :

Which one of the following is not the function of Regional Rural Banks ?

Consider the following events and arrange them in chronological order : 1. Establishment of NABARD 2. Self Help Group Bank Linkage Programme 3. Kisan Credit Card Plan 4. Establishment of Regional Rural Bank <!-- PAGE 950 --> Select the correct answer from the codes given below: Codes :

Which of the following does not implement the Self Help Groups (SHGs) – Bank Linkage Programme?

Narasimham Committee was related to :

With what subject is Raghuram Rajan Committee connected?

The Bimal Jalan Panel was set up by Reserve Bank of India to :

Who was the first Chairman of the ‘Disinvestment Commission’ of India ?

Who has been recently made the Chairman of the working group on revision of Wholesale Price Index Series ?

Recently, a scheme named ‘Swabhimaan’ was launched. It’s main aim is :

Which one of the following is covered by the Kisan Credit Card Scheme?

Which is a credit rating agency in India?

Consider the following Credit Rating Agencies and arrange them in chronological order : 1. CARE 2. ICRA 3. CRISIL Select the correct answer from the codes given below: Codes :

CRISIL :

The term 'plastic money' applies to :

Which one of the following is not a prepaid payment instrument?

PIN in banking transaction is known as :

Market is an economic tendency, which leads to which of the following trends?

The buyer's market is known where :

Which type of market is suitable for vegetable crops ?

When the total product remains constant, the marginal product will be :

With fixed demand and increase in supply, the price of the commodity is likely to :

Assertion (A): All businessmen make profit due to price-hike. Reason (R): The customer has to curtail his needs due to price-hike. In the context of the above statements, which of the following is correct :

Improvement of profit volume ratio can be done by the following :

For pricing of public goods, the concept of 'Shadow Prices' was given by :

With reference to trade, which of the following statements is/are correct? 1. It represents demand and supply both. 2. It deals with only the demand side. Select the correct answer using the code given below : Code :

Match List-I with List-II and choose the correct answer using the code given below : List-I List-II A. Merchandise Turnover 1. $\frac{\text{Current Assets}}{\text{Current Liabilities}}$ B. Current Ratio 2. $\frac{\text{Liquid Assets}}{\text{Current Liabilities}}$ Net Profit before Interest and Tax C. Acid Test Ratio Total Assets D. Gross Capital Employed Code : 4. $\frac{\text{Cost of Goods Sold}}{\text{Average Stock}}$ | | A | B | C | D | | --- | --- | --- | --- | --- | |

Given below are two statements. One is labelled as Assertion (A) and the other as Reason (R): Assertion (A): Accounting is the language of business. Reason (R): Accounting provides all information needed by a businessman. Select the correct answer using the code given below : Code :

Given below are two statements, in which one is labelled as Assertion (A) and the other as Reason (R): Assertion (A): A condition is a stipulation which is essential to the main purpose of the contract. Reason (R): A breach of condition gives a right to claim damages and not a right to repudiate the contract. Select the correct answer using the code given below : Code :

With reference to Commerce, which of the following statements is/are correct? 1. It is the field of business that assists in the removal of all impediments to the facilitation of exchange. 2. It deals with the factors of delivering the products to the consumers. Select the correct answer using the code given below : Code :