Banking Awareness MCQ Question and Answer

Banking Awareness MCQ Question and Answer
51. Note issuing deptt. of RBI should always possess the minimum gold stock of worth—
  • Rs. 85 crore
  • Rs. 115 crore
  • Rs. 200 crore
  • None of these
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52. Which of the following does not grant any tax rebate ?
  • National Saving Certificate
  • Indira Vikas Patra
  • National Saving Scheme
  • Public Providend Fund
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53. Ad hoc Treasury Bill System of meeting budget deficit in India was abolished on—
  • 31 March, 1997
  • 31 March, 1996
  • 1 April, 1992
  • 1 April, 1995
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54. SEBI was established in—
  • 1993
  • 1992
  • 1988
  • 1990
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55. The working of SEBI includes—
  • To regulate the dealings of share market
  • To check the foul dealings in share market
  • To control the inside trading of shares
  • All of these
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56. The ‘Ad hoc Treasury Bill System’ of meeting budget deficit in India was replaced by ‘Ways and Means Advances System’ which has come into force on—
  • March 31, 1997
  • April 1, 1996
  • April 1, 1997
  • None of these
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57. Fiscal deficit as a percentage of GDP was 4·0% in 2004–05 which increased in 2009–10 (Budget Estimates) to—
  • 5·0%
  • 5·1%
  • 6·8%
  • 6·0%
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58. Which is the first Export Processing Zone declared as Free Trade Zone in India ?
  • Kandla
  • Noida
  • Santacruz
  • Falta
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59. Which statement of the following is true for IMF ?
  • It is not an agency of UNO
  • It can grant loan to any country of the world
  • It can grant loan to state Govt. of a country
  • It grants loan only to member nations
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60. TRAI has abolished ADC (Access Deficit Charge) on all types of calls w.e.f.—
  • April 1, 2008
  • April 30, 2008
  • August 30, 2008
  • October 30, 2008
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