Banking Awareness Questions and Answers

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Q101
Trade Ministers of Key WTO member countries including India held a meeting at Davos in Switzerland on January 29, 2011. Which one of the following was the purpose of this meeting ?
  • A Negotiations for free trade
  • B Negotiations to abolish Restrictive Trade Practices
  • C Issues relating to agricultural subsidies
  • D Negotiations for a global trade deal
Answer: Option D
Q102
Which one of the following advices has/have been given by leading Economists to Finance Minister during their pre-budget meeting with him ? 1. To take measures to boost farm productivity only. 2. To improve supply of agricultural products only. 3. To reduce the fiscal deficit only.
  • A Only 1
  • B Only 2
  • C Only 3
  • D All 1, 2 and 3
Answer: Option D
Q103
As per recent newspaper reports, which one of the following countries has signed highest number of deals to get global project finance ?
  • A Australia
  • B USA
  • C Saudi Arabia
  • D Spain
Answer: Option
Q104
Which of the following terms is used in Banking Field ?
  • A Interest Rate Swap
  • B Input Devices
  • C Sedimentary
  • D Zero Hour
Answer: Option A
Q105
To which of the following States has the Asian Development Bank given a loan of $ 90 m for development of Power projects ?
  • A Himachal Pradesh
  • B West Bengal
  • C Tripura
  • D Arunachal Pradesh
Answer: Option
Q106
On which one of the following issues can SEBI penalize any company in India ? 1. Violation of Banking Regulation Act. 2. Violation of foreign portfolio investment guidelines. 3. For violation of Negotiable Instrument Act.
  • A Only 1
  • B All 1, 2 and 3
  • C Only 1 and 2
  • D Only 2 and 3
Answer: Option
Q107
In the opinion of the Governor of Reserve Bank of India, which one of the following is the reason owing to which India’s inflation is accelerating ?
  • A Excess liquidity in market
  • B Speculation in essential goods
  • C Higher food cost
  • D Commodities futures
Answer: Option A
Q108
In opinion of the RBI, which one of the following is/are a threat to the smooth functioning of Indian Companies ? 1. Rising input costs. 2. High interest rates. 3. Inflation only.
  • A Only 1
  • B Only 2
  • C Only 1 and 2
  • D Only 3
Answer: Option
Q109
For which one of the following reasons Government of India has decided to waive off upfront payment of Rs. 1,400 to be made by each customer located in rural areas to get LPG connection ? 1. To help villagers to use LPG in place of firewood/kerosene. 2. To help villagers to save kerosene for agricultural activities. 3. To lure villagers to use LPG which is of substandard quality and not fit for industrial use.
  • A Only 1
  • B Only 2
  • C Only 3
  • D Only 1 and 2
Answer: Option A
Q110
Expand the term ALM as used in Banking/Finance sector ?
  • A Asset Liability Mismatch
  • B Asset Liability Maturity
  • C Asset Liability Management
  • D Asset Liability Manpower
Answer: Option C

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