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Banking Awareness Quiz For IBPS | RBI | SBI | NABARD | 26-10-2022

Swati Mahendra's

 




Dear Readers,

Banking Awareness has been an important part of various competitive exams, so we are here with a series of Banking Awareness Quiz on a daily basis on our platform. Follow the quiz daily to improve your banking awareness.


1-In order to reduce credit in the country, RBI may:-

рджреЗрд╢ рдореЗрдВ рд╕рд╛рдЦ рдХрдо рдХрд░рдиреЗ рдХреЗ рдХреНрд░рдо рдореЗрдВ, RBI рдХрд░ рд╕рдХрддрд╛ рд╣реИ:-

a) Buy securities in the open market

b) Sell securities in the open market

c) Reduce cash reserve ratio

d) Reduce Repo Rate

05. Capital account convertibility.

2-The one rupee note and coins are issued by:-

рдПрдХ рд░реБрдкрдпреЗ рдХрд╛ рдиреЛрдЯ рдФрд░ рд╕рд┐рдХреНрдХреЗ рдХрд┐рд╕рдХреЗ рджреНрд╡рд╛рд░рд╛ рдЬрд╛рд░реА рдХрд┐рдП рдЬрд╛рддреЗ рд╣реИрдВ:-

a) RBI (Central Bank)

b) Commercial Bank

c) Ministry of finance

d) Central Government

3-Which of these is not the function of central bank?

рдЗрдирдореЗрдВ рд╕реЗ рдХреМрди рдХреЗрдВрджреНрд░реАрдп рдмреИрдВрдХ рдХрд╛ рдХрд╛рд░реНрдп рдирд╣реАрдВ рд╣реИ?

a) Accepting deposits of general public

b) Custodian of foreign exchange reserve

c) BankerтАЩs Bank

d) Currency Authority

4-Other name of legal reserve requirement is:-

рдХрд╛рдиреВрдиреА рдЖрд░рдХреНрд╖рд┐рдд рдЖрд╡рд╢реНрдпрдХрддрд╛ рдХрд╛ рдЕрдиреНрдп рдирд╛рдо рд╣реИ: -

a) Cash reserve ratio

b) Statutory liquidity ratio

c) required reserve ratio

d) Bank rate

5-Which of the following is not the function of the central Bank:

рдирд┐рдореНрдирд▓рд┐рдЦрд┐рдд рдореЗрдВ рд╕реЗ рдХреМрди рдХреЗрдВрджреНрд░реАрдп рдмреИрдВрдХ рдХрд╛ рдХрд╛рд░реНрдп рдирд╣реАрдВ рд╣реИ:

a) Banking facilities to government

b) Banking facilities to the public

c) Lending to the government

d) Lending to commercial banks

6-Which of the following instrument can not be used by central bank to control money supply?

рдХреЗрдВрджреНрд░реАрдп рдмреИрдВрдХ рджреНрд╡рд╛рд░рд╛ рдореБрджреНрд░рд╛ рдЖрдкреВрд░реНрддрд┐ рдХреЛ рдирд┐рдпрдВрддреНрд░рд┐рдд рдХрд░рдиреЗ рдХреЗ рд▓рд┐рдП рдирд┐рдореНрдирд▓рд┐рдЦрд┐рдд рдореЗрдВ рд╕реЗ рдХрд┐рд╕ рд╕рд╛рдзрди рдХрд╛ рдЙрдкрдпреЛрдЧ рдирд╣реАрдВ рдХрд┐рдпрд╛ рдЬрд╛ рд╕рдХрддрд╛ рд╣реИ?

a) Open Market operations

b) Bank rate

c) Repo Rate

d) Government spending

7-Which bank controls the banking and monetary structure of India?

рдХреМрди рд╕рд╛ рдмреИрдВрдХ рднрд╛рд░рдд рдХреА рдмреИрдВрдХрд┐рдВрдЧ рдФрд░ рдореМрджреНрд░рд┐рдХ рд╕рдВрд░рдЪрдирд╛ рдХреЛ рдирд┐рдпрдВрддреНрд░рд┐рдд рдХрд░рддрд╛ рд╣реИ?

a) Reserve bank of India

b) State Bank of India

c) World Bank

d) Axis Bank

8-What is the value of money multiplier when initial deposits are тВ╣500 crores and LRR is 10%.

рдордиреА рдорд▓реНрдЯреАрдкреНрд▓рд╛рдпрд░ рдХрд╛ рдореВрд▓реНрдп рдХреНрдпрд╛ рд╣реИ рдЬрдм рдкреНрд░рд╛рд░рдВрднрд┐рдХ рдЬрдорд╛ тВ╣500 рдХрд░реЛрдбрд╝ рд╣реИ рдФрд░ рдПрд▓рдЖрд░рдЖрд░ 10% рд╣реИред

a) 0.1

b) 0.2

c) 10

d) 20

9-What happens where there is an increase in the margin requirements.

рдХреНрдпрд╛ рд╣реЛрддрд╛ рд╣реИ рдЬрд╣рд╛рдВ рдорд╛рд░реНрдЬрд┐рди рдЖрд╡рд╢реНрдпрдХрддрд╛рдУрдВ рдореЗрдВ рд╡реГрджреНрдзрд┐ рд╣реЛрддреА рд╣реИред

a) It reduces the borrowing capacity and money supply

b) Encourages people to borrow more and money supply rise

c) No change in money supply

d) None of these

10-Which institution performs the activity of credit creation:-

рд╕рд╛рдЦ рд╕реГрдЬрди рдХрд╛ рдХрд╛рд░реНрдп рдХреМрди-рд╕реА рд╕рдВрд╕реНрдерд╛ рдХрд░рддреА рд╣реИ:-

a) Commercial Banks

b) Central bank

c) Both a) and b)

d) Neither a) nor b)

ANSWER-

Q.1.(3)

Q.2.(4)

Q.3.(3)

Q.4.(5)

Q.5.(4)

Q.6.(1)

Q.7.(4)

Q.8.(2)

Q.9.(5)

Q.10.(3)

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