Q.1. Recently IMF has projected the GDP of India for the year 2015-16 ?
1) 7.6%
2) 7.3%
3) 7.2%
4) 7.1%
5) 7.8%
Ans: (2) 7.3%
Q.2. RBI has decided to reduce the SLR to 20.5% by which year?
1) 2020
2) 2017
3) 2018
4) 2019
5) 2020
Ans: (2) 2017
Q.3. The first bi monthly monetary policy for the year 2016 will be published by RBI on ?
1) 1 April 2016
2) 2 April 2016
3) 3 April 2016
4) 4 April 2016
5) 5 April 2016
Ans: (5) 5 April 2016
Q.4. Which among the following is NOT the direct instrument of the Monetary policy of RBI?
1) CRR
2) SLR
3) REFINANCE FACILITY
4) MORAL SUASION
5) NONE OF THESE
Ans: (4) MORAL SUASION
Q.5. What is the full form of MCLR?
1) Marginal cost of lending rate
2) Meaningful cost of lending rate
3) Monetary cost of lending rate
4) Money cost of lending rate
5) None of these
Ans: (1) Marginal cost of lending rate
Q.6. What is Strategic debt Restructuring (SDR) ?
1) It is the currency of the IMF.
2) It is the process of conversion corporate debts into Equity.
3) It is the process of the banks with corporates for settling loans
4) Only 1 & 2
5) Only 2 & 3
Ans: (4) Only 1 & 2
Q.7. Which committee gave the recommendation for the lead bank scheme?
1) Gadgil committee
2) S. k kalia committee
3) Narshiman committee
4) L .k jha committee
5) Shivraman committee
Ans: (1) Gadgil committee
Q.8. Financial stability report is published on what interval by RBI?
1) Yearly
2) Half yearly
3) Quarterly
4) Bi monthly
5) Monthly
Ans: (2) Half yearly
Q.9. Who has clinched his maiden title by winning the 1st All India Open Invitational Snooker Championship 2016?
1) Rahul sachdev
2) Geet sathi
3) Pankaj adavani
4) Ashoak sandiliya
5) Michael Ferreira
Ans: (1) Rahul sachdev
Q.10. What is Indradhanush with respect to banking sector?
1) The banking reforms for revamping banking sector
2) The framework for revamping banking sector
3) The next generation reforms for the banking sector
4) 1 &2
5) All of the above
Ans: (5) All of the above
