Banking Awareness MCQ-6 For Indian/Syndicate Manipal PO Exam

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a)How many times has financial emergency been declared in India so far ?
(1) 5 times
(2) 4 times
(3) Once
(4) Never
(5) None of these

b)What is the full form of ‘CORE’ in core banking services ?
(1) Channel of Rupee Exchange.
(2) Customer Online Realtime Exchange.
(3) Centralized Online Rupee Exchange.
(4) Centralized Online Realtime Exchange.
(5) Customer Online Rupee Exchange.

c)What is the full form of NSDL?
(1) National Securities Depository Limited
(2) National Securities Demanding Liability
(3) National Sample Depository Limited
(4) National Sample Driven Land
(5) None of these

d)Which of the following Negotiable Instruments can be crossed to the banks ?
(1) Cheques
(2) Bills of Exchange
(3) Drafts
(4) All of above
(5) None of these

e)Floating Exchange Rate is also referred to as________
(1) Real Exchange Rate
(2) Controlled Exchange Rate
(3) Fixed Exchange Rate
(4) Flexible Exchange Rate
(5) None of these

f)Which one of the following is not a method of credit control ?
(1) Bank Rate
(2) Credit Deposit Ratio
(3) Cash Reserve Ratio
(4) Statutory Liquidity Ratio
(5) None of these

g)When the government imposes physical and monetary controls to check open inflation, It is known
as ____.
(1) Mark-up Inflation
(2) Demand pull Inflation
(3) Creeping Inflation
(4) Suppressed Inflation
(5) None of these

h)Which of the following institution is considered as ‘ soft loan window’ ?
(1) IMF
(2) IBRD
(3) IDA
(4) IFC
(5) None of these

i)Who formulates the Monetary policy in India ?
(1) Planning commission
(2) Finance ministry
(3) RBI
(4) SEBI
(5) None of these

j)FCNR accounts can be opened and maintained as _________
(1) Savings Bank Account
(2) Term Deposit Accounts
(3) Recurring Deposits
(4) Current Accounts
(5) None of these