Banking Awareness MCQ Question and Answer

Banking Awareness MCQ Question and Answer
121. Which one of the following was the reason owing to which Govt. wants Reserve Bank of India to tighten prudential norms for NBFCs ?
  • To reduce liquidity in the market
  • It is as per Basel II requirements
  • It is as per Bank for International Settlement (BIS) directives
  • It is to protect NBFCs from any impact of possible economic slowdown
Show Answer
122. According to World Economic Forum, which one of the following risks is the greatest risk faced by the world in the year 2011 ?
  • Credit Risk
  • Country Risk
  • Counterparty Risk
  • Sovereign Default Risk
Show Answer
123. Which one of the following decisions has been taken by Govt. in respect of MGNREGA ?
  • The wages should be revised by the State Governments
  • The wages are to be revised by Planning Commission
  • The District Authorities who allot work can give differential wages
  • The wages shall be linked to inflation
Show Answer
124. What are teaser loan rates charged by banks ?
  • Fixed rate of interest charged by banks
  • Floating rate of interest charged by banks
  • Rate of interest in the initial period is less and goes up subsequently
  • Rate of interest in the initial period is more and it goes down subsequently
Show Answer
125. On which one of the following subjects Pranab Sen Committee has submitted its
recommendations to the Govt. of India ?
  • MGNREGA
  • Food Security
  • Inflation
  • Food processing industries
Show Answer
126. Expand the term CCEA as used in administrative circles—
  • Cabinet Committee on External Affairs
  • Cabinet Committee on Economic Affairs
  • Cabinet Council on External Affairs
  • Cabinet Council on Economic Affairs
Show Answer
127. With which one of the following games, Baichung Bhutia is associated ?
  • Hockey
  • Golf
  • Kabaddi
  • Football
Show Answer
128. What the full form of the term LIBOR as used in financial banking sectors ?
  • Local Indian Bank Offered Rate
  • London-India Bureau of Regulations
  • Liberal International Bank Official Ratio
  • London Inter Bank Offered Rate
Show Answer
129. In which one of the following States, Patratu Thermal Power Plant is proposed to be set up ?
  • Madhya Pradesh
  • Bihar
  • Jharkhand
  • West Bengal
Show Answer
130. On the basis of which of the following reasons, IMF has projected India’s GDP growth at 8•8 per
cent in 2010-11 ?
1. Strong industrial growth.
2. Strong farm sector growth.
3. High domestics consumption demand.
  • Only 1
  • Only 2
  • Only 3
  • Only 1 and 3
Show Answer
Questions and Answers for Competitive Exams Various Entrance Test