Quiz No:280 Current General Awareness for SBIPOs ,VijayaBankPOs ,PSU BankPOs ,RRBGroupD ,UPSC ,Indian Economic Service Exams

Question1

What is meant by Repo Rate?

(A) At what rate of interest banks offer the funds to Reserve Bank of India.
(B) At what rate of interest World Bank offer the funds to Central Government for not less than the period of 364 days.
(C) At what rate of interest banks barrow the funds from Reserve Bank of India for short term.
(D) At what rate of interest banks barrow the funds from the other banks for long term.
(E) At what rate of interest Central Government barrow the funds from the other banks for long term.

Question2

Present Repo Rate is …

(A) 00 percent
(B) 25 percent
(C) 00 percent
(D) 00 percent
(E) 23 percent

Question3

The repo rate of RBI not applicable to?

(A) Public Sector Banks
(B) Private Sector Banks
(C) SBI
(D) IDBI
(E) Non-Banking Finance Companies



Question4

If the Repo Rate increases by Reserve Bank of India, rate of interest of the loans offered by the banks…

(A) decrease
(B) become zero
(C) become 100 percent
(D) increase
(E) None of above

Question5

To control Inflation…

(A) RBI decreases the Repo Rate
(B) RBI ask the Central Government to increase the Repo Rate
(C) RBI cancels the option of Repo Rate
(D) RBI declares Repo Rate as zero percent
(E) RBI increases the Repo Rate

Question6

Reverse Repo Rate means?

(A) The rate at which Reserve Bank of India (RBI) borrows money from Central Government.
(B) The rate at which state governments borrows money from banks.
(C) The rate at which Reserve Bank of India (RBI) borrows money from banks.
(D) The rate at which Reserve Bank of India (RBI) borrows money from State Government.
(E) The rate at which Reserve Bank of India (RBI) borrows money from World bank.

Question7

The present Reverse Repo Rate is?

(A) 25 percent
(B) 50 percent
(C) 00 percent
(D) 00 percent
(E) 00 percent

Question8

A financial contract that derives its value from another asset or an index of asset values is called…

(A) Derivative
(B) Share
(C) NAV
(D) Maturity
(E) None

Question9

In the Interim Budget 2015, the Finance Minister promised to provide how much capital in the form of capital infusion to Public Sector banks?

(A) Rs.10,000 crore
(B) Rs.14,500 crore
(C) Rs.8,750 crore
(D) Rs.11,200 crore
(E) None

Question10

Finance Ministers and Central Bank Governors of the G-20 major economies organized between 22 February and 24 February 2014 in?

(A) Australia
(B) India
(C) USA
(D) UK
(E) Canada

Question11

Which private bank of India which has commenced its operations at Shanghai in China on 8 Jan 2014?

(A) Kotak Mahindra Bank
(B) KVB
(C) Axis Bank
(D) ICICI
(E) YES Bank



Question12

Presenting the Interim budget for 2015, the Finance Minister P.Chidambaram proposed a venture capital fund to promote entrepreneurship among scheduled castes and scheduled tribes. What will be the initial capital for the fund?

(A) Rs.200 cr
(B) Rs.100 cr
(C) Rs.150 cr
(D) Rs.50 cr
(E) Rs.250 cr

Question13

On 10 March 2014, the Central Government declared to build 200 low cost airports in the coming…

(A) 5 years
(B) 15 years
(C) 100 years
(D) 50 years
(E) 20 years