Sawaal
1
Q:

What is a bank rate?

A) Rate at which Central bank of a country advances loans to other banks in the country B) Rate at which banks advance loans to the customers
C) Rate at which banks lend among themselves D) Rate at which banks lend to money lenders

Answer:   A) Rate at which Central bank of a country advances loans to other banks in the country



Explanation:
Subject: Indian Economy
Exam Prep: Bank Exams
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On January 3, 2018, RBI initiated ‘PCA’ against the Allahabad Bank. How many public sector banks have been covered under ‘PCA’?

 

A) 18 B) 17
C) 11 D) 15
 
Answer & Explanation Answer: C) 11

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An increase in the money supply will cause interest rates to ___________.

 

A) rise B) fall
C) remain unchanged D) No option is correct.
 
Answer & Explanation Answer: B) fall

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SEBI is evaluating whether ICO (Initial Coin Offerings) can be brought under its purview. ICO is related to ______.

 

A) Dollars B) Pounds
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Answer & Explanation Answer: D) Cyptocurrency

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In January 2018, ‘Electoral Bonds’ Scheme was launched. Under this scheme, the electoral bonds will be available at specified branches of _____.

 

 

A) Bank of Baroda B) State Bank of India
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In which area is the public sector most dominant in India?

 

A) Organised term lending financial instistutions B) Transport
C) Commerical banking D) Steel production
 
Answer & Explanation Answer: C) Commerical banking

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India was ranked at which place among emerging economies on Inclusive Development Index (IDI-2018) released by World Economic Forum (WEF)?

 

A) 26th B) 47th
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Answer & Explanation Answer: C) 62nd

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What was the major decision that took place in 1987 Montreal Conference?

A) Developed countries will completely ban CFC production by 2000 B) Developed countries will completely ban CFC production by 2010
C) Developing countries will completely ban CFC production by 2000 D) Developing countries will completely ban CFC production by 2020
 
Answer & Explanation Answer: A) Developed countries will completely ban CFC production by 2000

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Which of the following should always be balanced in the foreign trade of India?

 

 

A) Balance of Trade B) Balance of Paymen
C) Balance of Current Account D) No option is correct
 
Answer & Explanation Answer: B) Balance of Paymen

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