Banking Awareness Quiz For IBPS | RBI | SBI | NABARD | LIC | 21-10-2023

 

Dear Readers,

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

1. Which of the following is a consequence of deflation?

निम्नलिखित में से कौन अपस्फीति का परिणाम है?

a) An increase in the value of money

b) Rising consumer prices

c) High consumer demand

d) Increased government spending

e) None of these

Answer: a

2. When the rate of inflation decreases but is still positive, it is referred to as:

जब मुद्रास्फीति की दर घटती है लेकिन फिर भी सकारात्मक रहती है, तो इसे कहा जाता है:

a) Hyperinflation

b) Stagflation

c) Disinflation

d) Deflation

e) None of these

Answer: c

3. What is cost-push inflation?

लागत-प्रेरित मुद्रास्फीति क्या है?

a) Inflation caused by a decrease in production costs

b) Inflation caused by an increase in wages and production costs

c) Inflation caused by reduced demand for goods and services

d) Inflation caused by an increase in the money supply

e) None of these

Answer: b

4. Which index measures changes in the prices of goods and services at the wholesale level?

कौन सा सूचकांक थोक स्तर पर वस्तुओं और सेवाओं की कीमतों में परिवर्तन को मापता है?

a) Consumer Price Index (CPI)

b) Producer Price Index (PPI)

c) Wholesale Price Index (WPI)

d) Retail Price Index (RPI)

e) None of these

Answer: b

5. Inflation can erode the purchasing power of money. Which financial instrument can help protect against inflation?

मुद्रास्फीति पैसे की क्रय शक्ति को नष्ट कर सकती है। कौन सा वित्तीय साधन मुद्रास्फीति से बचाने में मदद कर सकता है?

a) High-interest savings accounts

b) Certificates of deposit (CDs)

c) Inflation-indexed bonds (TIPS)

d) Traditional savings accounts

e) None of these

Answer: c

6. The "velocity of money" refers to:

वह "पैसे की गति" को संदर्भित करता है:

a) The speed at which the economy produces goods

b) The frequency of monetary transactions in an economy

c) The increase in the money supply

d) The rate of inflation

e) None of these

Answer: b

7. When a central bank uses open market operations to control inflation, it primarily involves:

जब कोई केंद्रीय बैंक मुद्रास्फीति को नियंत्रित करने के लिए खुले बाजार संचालन का उपयोग करता है, तो इसमें मुख्य रूप से शामिल होते हैं:

a) Printing more money

b) Buying or selling government securities

c) Reducing interest rates

d) Increasing government spending

e) None of these

Answer: b

8. What is the primary tool used by central banks to control inflation?

मुद्रास्फीति को नियंत्रित करने के लिए केंद्रीय बैंकों द्वारा उपयोग किया जाने वाला प्राथमिक उपकरण क्या है?

a) Fiscal policy

b) Exchange rate adjustments

c) Monetary policy

d) Taxation

e) None of these

Answer: c

9. Inflation can lead to a decrease in real income for fixed-income individuals. What is a common strategy to protect against this loss of purchasing power?

मुद्रास्फीति के कारण निश्चित आय वाले व्यक्तियों की वास्तविक आय में कमी आ सकती है। क्रय शक्ति के इस नुकसान से बचाव के लिए एक सामान्य रणनीति क्या है?

a) Investing in high-risk stocks

b) Diversifying investment portfolios

c) Holding cash in a regular savings account

d) Investing in assets that tend to appreciate with inflation

e) None of these

Answer: d

10. Which of the following is NOT a factor that can contribute to inflation?

निम्नलिखित में से कौन सा ऐसा कारक नहीं है जो मुद्रास्फीति में योगदान दे सकता है?

a) High government spending

b) Increased consumer savings

c) Excessive money supply growth

d) Supply chain disruptions

e) None of these

Answer: b