Banking and Insurance (Part 16)

08 Mar 2015

(151) DFHI was set up with the following objective :-

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 (1) To even out imbalances

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 (2) To provide liquidity  

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 (3) To promote secondary market

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 (4) (1)&(2) are true

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 (5) (1),(2)&(3) are true

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(152) The government has purchased the Reserve Bank of India’s ……… per cent\r\nstake in the country’s largest bank, the State Bank of India.

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 (1) 56.73

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 (2) 59.73

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 (3) 61.27

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 (4) 69.73

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 (5) None of the above

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(153) The outcome of devaluation of currency is—

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 (1) Increased export and improvement\r\nin balance of payment

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 (2) Increased export and foreign\r\nreserve deficiency

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 (3) Increased import and improvement\r\nin balance of payment

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 (4) Increased export and import

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 (5) None of the above

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(154) The ________ was set up to help corrections in BOP maladjustments.

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 (1) IMF

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 (2) RBI

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 (3) UNISEF

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 (4) UNISCO

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 (5) None of the above

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(155) SCICI is a member of the _______.

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 (1) SBI

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 (2) UNO

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 (3) UNISCO

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 (4) OTCEI

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 (5) IMF

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(156) NABARD has taken over the entire functions of :-

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 (1) ARDC

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 (2) ACD of RBI

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 (3) RPCD of RBI

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 (4) (1)&(2) are true

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 (5) (1),(2)&(3) are true

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(157) “Pure Banking, Nothing Else” is a slogan raised by—

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 (1) ICICI Bank

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 (2) HDFC Bank

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 (3) SBI

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 (4) UTI Bank

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 (5) None of the above

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(158) The Headquarter of RBI is in—

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 (1) Delhi

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 (2) Mumbai

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 (3) Kanpur

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 (4) Nasik

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 (5) None of the above

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(159) When was Planning Commission formed ?

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 (1) March 15, 1950

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 (2) March 15, 1951

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 (3) August 15, 1947

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 (4) January 26, 1950

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 (5) None of the above

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(160) General insurance policies are genarally issued for ________ year.

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 (1) Four

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 (2) Three

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 (3) Two

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 (4) One

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 (5) None of above

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Answers : (151) 5 (152) 2 (153) 1 (154) 1 (155) 4  (156) 5 (157) 3 (158) 2 (159) 1 (160) 4

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Banking Awareness