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1) Generally, the minimum rate below which the banks do not lend is known as-?
a) Floor rate
b) Repo rate
c) Highest rate
d) Base rate
e) All of the above
2) FIPB stands for-
a) Foreign Investment Permanent Board
b) Foreign Industrial Promotion Board
c) Foreign Investment Promotion Board
d) Financial Investment Promotion Board
e) None of the given options is true
3) A ‘Debit Card’ is issued by a bank to-
a) All customers of a bank
b) All customers having Savings bank account with a bank
c) All customers having the loan account with a bank
d) A bank customer who is income tax assesses
e) All corporate Salary account holder
4) In Notice Money Market, the tenor of the transactions is from ________
a) 2-7 days
b) 2-14 days
c) 2-21 days
d) 2-28 days
e) 2-90 days
5) Basel norms are important international regulatory stipulations. It is meant for which sector?
c) Micro Finance
d) Pension funds
6) The Kinnerasani Wildlife Sanctuary is located in which state?
a) Tamil Nadu
c) Andhra Pradesh
7) Where does United nations industrial development organization(UNIDO) head quarteres located?
a) London, UK
b) Washington, USA
c) Newyork, USA
d) Vienna, Austria
e) None of these
8) Where ‘The National Institute of Community Development’ is located?
b) Pant Nagar
9) Which among the following rivers is known as “Sorrow of Bihar”?
a) Koshi River
b) Ganga River
c) Mahananda River
d) Punpun River
e) Baghmati River
10) Konkani language is mainly spoken in which state?
1) Answer: D)
Base rate is the minimum rate set by the Reserve Bank of India below which banks are not allowed to lend to its customers.
2) Answer: c)
The Foreign Investment Promotion Board (FIPB) was a national agency of Government of India, with the remit to consider and recommend foreign direct investment which does not come under the automatic route.
3) Answer: b)
A ‘Debit Card’ is issued by a bank to all customers having Savings bank account with a bank.
4) Answer: b)
In money market, the amount that is lent for one day is known as “call money” and, if it exceeds one day or two days to 14 days is referred to as “notice money.”
5) Answer: b)
Basel norms are important international regulatory stipulations in Banking industry.
6) Answer: b)
Kinnerasani Wildlife Sanctuary is located in Bhadradri Kothagudem district, Telangana state of India.
7) Answer: d)
United nations industrial development organization (UNIDO) head quartered at Vienna, Austria
8) Answer: c)
The National Institute of Community Development is located in Hyderabad.
9) Answer: a)
The Koshi River is known as the “Sorrow of Bihar” as the annual floods affect about 21,000 km2 (8,100 sq mi) of fertile agricultural lands thereby disturbing the rural economy.
10) Answer: b)
Konkani is mainly spoken in Goa. It is the official language of Goa and is spoken along the South Western Coast of India.