Banking Quiz Set- 71 | | GovernmentAdda
Home / Banking Awareness / Banking Quiz Set- 71

Banking Quiz Set- 71

SSC CGL Study Material Book Free PDF >> Download Now

Quant Booster – A Complete Maths Shortcut Book (850+ Pages) Get Now
Download Reasoning General Intelligence Power Book (1200+ Pages)  Free Download Now

Print Friendly, PDF & Email

Q1. Which of the following is/are true about the “Sub-Prime Crisis”- term ?
(1) It is a Mortgage crisis referring to Credit default by the borrowers.
(2) Sub-Prime borrowers were those borrowers who were rated low and were high risk borrows.
(3) This crisis originated out of negligence in credit rating of the borrowers.
(a) Only 1
(b) Only 2
(c) Only 3
(d) All of the above
(e) None of the above

Q2. Commercial banks influence money supply through ____?
(a) Printing of one rupee notes
(b) Augmentation of savings and time deposits
(c) Provision of high denomination notes
(d) Creation of demand deposits
(e) None of the above

Q3. Minimum cash reserves fixed by law constitute ____?
(a) A percentage of aggregate deposits of the bank
(b) A %age of aggregate loans and advances of the bank
(c) A %age of capital & reserves of the bank
(d) All of the above is correct
(e) None of the above is correct

Q4. An increase in bank rate, other things being equal, will result into ____?
(a) A decline in the cost of credit including greater and the demand for borrowing
(b) An increase in the cost of credit discouraging demand for credit
(c) No change in the cost of credit and the demand for borrowing
(d) Cost of credit has no relationship with demand for borrowing
(e) None of the above

Q5. Intangible assets are _____?
(a) Gold
(b) Patents, copyright, goodwill
(c) Home
(d) All of the above
(e) None of the above

Q6. The Banking Regulations Act, 1949 was enacted to _____?
(a) Nationalise the banks
(b) Open regional rural banks
(c) Consolidate and amend the laws relating to banking companies
(d) Inviting foreign banks
(e) None of the above

Q7. The Banking Regulation Act was implemented on ______?
(a) September 6, 1949
(b) April 1, 1949
(c) March 10, 1949
(d) March 31, 1949
(e) None of the above

Q8. The fourteen banks were nationalized on _____?
(a) July 19, 1969
(b) June 1, 1969
(c) June 16, 1969
(d) July 1, 1969
(e) None of the above

Q9. The banks were nationalised with the motive to ______?
(a) Develop the country economically
(b) Give priority to neglected sectors and exports
(c) Extend finances to weak and backward areas
(d) All of the above
(e) None of the above

Q10. The remaining six banks were nationalised on ______?
(a) February, 1980
(b) March, 1976
(c) April, 1969
(d) April, 1980
(e) None of the above

 

ANSWER:-

1)(d) All of the above

2)(d) Creation of demand deposits 

3)(a) A percentage of aggregate deposits of the bank 

4)(b) An increase in the cost of credit discouraging demand for credit 

5)(b) Patents, copyright, goodwill

6)(c) Consolidate and amend the laws relating to banking companies   

7)(c) March 10, 1949

8)(a) July 19, 1969

9)(d) All of the above

10)(d) April, 1980

 

 Download English Power Book (2000+ Pages)  Free Download Now

 

About Burning Desire

Check Also

Banking Awareness Quiz

SSC CGL Study Material Book Free PDF >> Download Now Quant Booster – A Complete Maths …

error: