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Banking Quiz Set- 83

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1. ‘We care Dil se : We make you feel richer’ is the tagline of which of the following banks?
1. Kotak Mahindra Bank
2. IndusInd Bank
3. Federal Bank
4. Oriental Bank of Commerce
5. Yes Bank

2. Transfer Payment includes –
(A) Subsidy provided by the Government 
(B) Pension given by the Government 
(C) Compensation received from Government
1. Only (A)
2. Only (B)
3. Only (C)
4. All (A), (B) and (C) 
5. None of these

3. A metric that quantifies induced consumption, the concept that the increase in personal consumer spending (consumption) occurs with an increase in disposable income (income after taxes and transfers) is known as –
1. Marginal Propensity to Save
2. Marginal Propensity to Spend
3. Marginal Propensity to Consume 
4. Marginal Propensity to Income
5. None of these  

4. RBI  necessitate that Banks classify any investments in debt or equity securities when they are purchased, with options to classify as ‘held to maturity’, ‘held for trading’ and _______ .
1. Held and Sold
2. Held for Sale
3. Available for Sale
4. Mark to Market
5. Sale for Availablity

5. Which of the following digital payment platforms has introduced the automatic payment of bills which is of recurring nature in India? 
1. BHIM
2. PayPal
3. JioMoney
4. Tez
5. Paytm

6. UCO Bank has its headquarters in which of the following cities?
1. Gangtok
2. Kolkata
3. Travancore
4. Patiala
5. Mumbai

7. SDR are the supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund. What does ‘R’ stand for, in term ‘SDR’?
1. Receipt
2. Risk
3. Revenue
4. Ratio
5. Right

8. Which of the following characteristics defines the term ‘Anti Dumping Duty’ ?
(A) Charging extra Import Duty on the particular product
(B) It is to prevent unfair Competition in the market.
(C) It is a part of Price Discrimination Policy.
1. Only (A)
2. Only (B)  
3. Only (C) 
4. All (A), (B) and (C) 
5. None of these

9. Which of the following is not a function of RBI?
1. Sterilisation of Foreign Inflow
2. Management of Foreign Exchange
3. Regulator of The Monetary Policy
4. Supervision of Financial System
5. None of these

10. A market structure characterized by a single seller, selling a unique product in the market is known as –
1. Perfect Competition Market
2. Oligopoly Market
3. Monopoly Market
4. Monopolistic Market
5. Monopsony Market

Answers: 

1. 2
2. 4
3. 3
4. 3
5. 5
6. 2
7. 5
8. 4
9. 5
10. 3

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