Question No : 1

Open market operations, one of the measures taken by RBI in order to control credit expansion to economy means_______

(1) Sale or purchase of Govt. securities

(2) Issuance of different types of bond

(3) Auction of gold

(4) To make available direct finance to borrowers

(5) None of these

Question No : 2

The bank rate means _______

(1) Rate of interest charged by commercial banks from borrowers

(2) Rate of interest at which commercial banks discounted bills of their borrowers

(3) Rate of interest allowed by commercial banks on their deposits

(4) Rate at which RBI purchases or rediscounts bills of exchange of commercial banks

(5) None of these

Question No : 3

What is an Indian Depository Receipt?

(1) A deposit account with a Public Sector Bank

(2) A depository account with any of Depositories in India

(3) An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company

(4) An instrument in the form of deposit receipt issued by Indian depositories

(5) None of these

Question No : 4

An instrument that derives its value from a specified underlying (currency, gold, stocks etc.) is known as_______

(1) Derivative

(2) Securitisation Receipts

(3) Hedge Fund

(4) Factoring

(5) None of these

Question No : 5

Fiscal deficit is_________

(1) total income less Govt. borrowing

(2) total payments less total receipts

(3) total payments less capital receipts

(4) total expenditure less total receipts excluding borrowing

(5) None of these

Question No : 6

In the Capital Market, the term arbitrage is used with reference to______

(1) purchase of securities to cover the sale

(2) sale of securities to reduce the loss on purchase

(3) simultaneous purchase and sale of securities to make profits from price

(4) variation in different markets

(5)  Any of the above

Question No : 7

Reverse repo means_________

(1) Injecting liquidity by the Central Bank of a country through purchase of Govt. securities

(2) Absorption of liquidity from the market by sale of Govt. securities

(3) Balancing liquidity with a view to enhance economic growth rate

(4) Improving the position of availability of the securities in the market

(5)  Any of the above

Question No : 8

The stance of RBI monetary policy is _________

(1) inflation control with adequate liquidity for growth

(2) improving credit quality of the banks

(3) strengthening credit delivery mechanism

(4) supporting investment demand in the economy

(5)  All of the above

Question No : 9

Currency Swap is an instrument to manage______

(1) currency risk

(2) cash flows in different currencies

(3) currency and interest rate risk

(4) interest rate risk

(5)  All of the above

Question No : 10

“Sub-prime” refers to

(1) lending done by banks at rates below PLR

(2) funds raised by the banks at sub-Libor rates

(3) Group of banks which are not rated as prime banks as per Banker’s Almanac

(4) lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards

(5)  All of the above

Question No : 11

Euro Bond is an instrument_______

(1) issued in a country other than the country of the currency of the Bond

(2) issued in the European market(3) issued in Euro currency

(4) All of the above

(5) None of these

Question No : 12

Money Laundering normally involves____

(1) placement of funds

(2) layering of funds

(3) integration of funds

(4) All of (1), (2) and (3)

(5) None of these

Question No : 13

The IMF and the World Bank were conceived as institutions to_________

(1) strengthen international economic co-operation and to help create a more stable and prosperous global economy

(2) IMF promotes international monetary cooperation

(3) The World Bank promotes long term economic development and poverty reduction

(4) All (1), (2) and (3)

(5) None of (1), (2) and (3)

Question No : 14

Capital Market regulator is______________

(1) RBI

(2) IRDA

(3) NSE

(4) BSE

(5) SEBI

Question No : 15

In the term BRICS, R stands to _____

(1) Romania

(2) Rajithan

(3) Russia

(4) Regulation

(5) None of these

Question No : 16

What is Call Money?

(1) Money borrowed of lent for a day or over night

(2) Money borrowed for more than one day but upto 3 days

(3) Money borrowed for more than one day but upto 7days

(4) Money borrowed for more than one day but up to 14 days

(5) None of these

Question No : 17

Which of the following is the Regulator of the credit rating agencies in India?

(1) RBI

(2) SBI

(3) SIDBI

(4) SEBI

(5) None of these

Question No : 18

The branding line of Bank of Baroda is _________

(1) International Bank of India

(2) India’s International Bank

(3) India’s Multinational Bank

(4) World’s local Bank

(5) None of these

Question No : 19

The logo of Bank of Baroda is known as_______

(1) Sun of Bank of Baroda

(2) Sunlight of Bank of Baroda

(3) Baroda Sun

(4) Bank of Baroda’s Rays

(5) None of these

Question No : 20

Crossing of cheques makes them_______.

(1) Invalid document

(2) Ineligible to endorse to a person other than the payee

(3) Remain the same in all respect, it is only a practice

(4) Eligible for payment irrespective of sufficient balance in the account

(5) Ineligible to get cash across the bank counter