Banking and Insurance (Part 6)

26 Feb 2015

(51) In addition to IFCI and ________ the Soft Loan Scheme for modernisation is\r\nalso undertaken by IDBI.

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 (1) UTI  (2) ICICI

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 (3) Both are wrong (4) Both are\r\nright

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 (5) None of the above

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(52) Euro is the currency of European Union. When did it come into being?

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 (1) 1999  (2) 1995

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 (3) 2000  (4) 2001

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 (5) None of the aboves

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(53) Gramin banks are _____ Owned Banks.

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 (1) District (2) State

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 (3) City  (4) Public

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 (5) Private

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(54) Which is the largest commercial bank in India?

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 (1) Reserve Bank of India

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 (2) State Bank of India

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 (3) ICICI Bank

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 (4) Bank of India

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 (5) None of the above

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(55) Instruments issued by DFIs and Banks carry :-

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 (1) Medium and (2) Highest credit\r\nratings

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 (3) Both are wrong (4) Both are\r\nright

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 (5) None of the above

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(56) In India, income tax is levied by

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 (1) Union Government

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 (2) State Governments

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 (3) Ministry of Finance

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 (4) RBI

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 (5) None of the above

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(57) The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in\r\n1921 to form

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 (1) Reserve Bank of India

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 (2) Imperial Bank of India

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 (3) Bank of India

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 (4) Union Bank of India

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(58) What is a Bank which has capital and reserves of over Rs. 5 lakhs called?

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 (1) National Bank (2) Cooperative\r\nBank

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 (3) Scheduled Bank (4) Unscheduled\r\nBank

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 (5) None of the above

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(59) The ________ regulation makes the banks the largest investor in the GOI\r\nsecurities.

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 (1) SLR  (2) Incone Tax

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 (3) Both are wrong (4) Both are\r\nright

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 (5) None of the above

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(60) The repayment holiday period is also known as ________ period.

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 (1) SLR

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 (2) RBI

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 (3) credit

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 (4) debit

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 (5) \r\nMoratorium

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Answers : (51) 2 (52) 1 (53) 2 (54) 2 (55) 2 (56) 1 (57) 2 (58) 3 (59) 1 (60)\r\n5

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