Banking Awareness Quiz Set - 12

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Banking Awareness Quiz Set - 12

Q1. Which of the following organisations/agencies has established
a fund known as Investor Protection Fund?
c) Bombay Stock Exchange
d) Ministry of Finance
e) Ministry of Commerce and Industry

Q2. Which of the following terms is used in the field of Banking?
a) MRI
b) Refraction
c) Depository Receipt
d) Neutralisation
e) Atomic Number

Q3. Reverse Repo is a tool used by RBI to
a) Inject liquidity
b) Absorb liquidity
c) Increase the liquidity with banking system
d) To keep the liquidity at one level
e) None of these

Q4. Many times we read a term CBS used in banking operations. What is the full form of the letter ‘C’ in the term ‘CBS’?
a) Complete
b) Credit
c) Continuous
d) Core
e) None of these

Q5. GNP stands for
a) Gross National Product
b) Group Net Product
c) Grand Nuclear Process
d) Group Networking Process
e) None of these

Q6. SEBI is a/n
a) Advisory body
b) Statutory body
c) Constitutional body
d) Non-statutory body
e) Registered as a society

Q7. Mixed Economy means
a) Co-existence of small and large industries
b) Promoting both agriculture and industries in the economy
c) Co-existence of public and private sectors
d) Co-existence of the rich and the poor
e) Existence of wholesale and retail markets

Q8. The expansion for BIFR, in the context of the Indian industry,is
a) Board for Investment and Financial Redevelopment
b) Bureau for Industrial and Financial Revolution
c) Board for Investment and Formal Reconstruction
d) Board for Industrial and Financial Reconstruction
e) Bureau for Investment and Financial Reconstruction

Q9. Who amongst the following is NOT a famous economist?
a) Amartya Sen
b) Octavio Paz
c) Muhammad Yunus
d) Peter A Diamond
e) Dale I Mortensen

Q10. Which of the following is not a measure adopted by the Government or RBI to control inflation?
a) Monetary Policy
b) Fiscal Policy
c) Public Distribution System
d) Price Control
e) Financial Inclusion


Q1. a, Q2. c, Q3. b, Q4. d, Q5. a
Q6. b, Q7. c, Q8. d, Q9. b, Q10. e