Banking and Insurance (Part 24)

16 Mar 2015

(231) As a banker to the Government, RBI accepts Government deposits at\r\n________% interest.

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 (1) 2

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 (2) 1

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 (3) 0

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 (4) 3

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 (5) 4

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(232) The word ‘ Tranche ‘ is a French word which means :-

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 (1) A bottelneck

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 (2) A hazard

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 (3) A Part

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 (4) A Slice

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 (5) A portion

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(233) Size of the Quota depended upon :-

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 (1) NNP

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 (2) GDP

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 (3) GNP

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 (4) (1)&(2) are true

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 (5) (1),(2)&(3) are true

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(234) If the Bank allows a finance of Rs 95 against a Bill of Rs 100 the\r\ndifference of Rs. 5 is known as the :-

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 (1) Holiday

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 (2) Help

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 (3) Discount

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 (4) Support

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 (5) none of the above

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(235) IIBI (formerly known as IRBI )undertakes :-

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 (1) Merchant Banking activities

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 (2) Lease or hire purchase finance

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 (3) Consultancy & managerial\r\nservices

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 (4) (1)&(2) are true

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 (5) (1),(2)&(3) are true

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(236) Functions of a Bank’s H.O. include:-

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 (1) Liaison with RBI

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 (2) Evolve Policies

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 (3) Vigilance & Control

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 (4) (1)&(2) are true

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 (5) (1),(2)&(3) are true

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(237) A Cheque is a ______ Instrument.

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 (1) Hire-purchase

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 (2) Lease

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 (3) Negotiable

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 (4) (1)&(2) are true

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 (5) (1),(2)&(3) are true

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(238) IMF articles were amended in _____ to legalise the Floating exchange rates\r\n:-

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 (1) 1975

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 (2) 1976

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 (3) 1977

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 (4) 1978

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 (5) 1979

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(239) Syndication of Loans Globally does not involve any funds as it is ________\r\nactivity.

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 (1) with 50 % return

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 (2) With-fund based

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 (3) Non-fund based

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 (4) (1)&(2) are true

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 (5) (1),(2)&(3) are true

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(240) Zero Coupon Bonds are issued at a :-

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 (1) 50 % Discount to face value

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 (2) 70 % Discount to face value

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 (3) Discount to face value

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 (4) (1)&(2) are true

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 (5) (1),(2)&(3) are true

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Answers : (231) 3 (232) 4 (233) 3 (234) 3 (235) 5 (236) 5 (237) 3 (238) 4 (239)\r\n3 (240) 3

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