Questions from Economics
11. The Purchase and sale of Securities by the Central Bank is known as?
(A) Variable reserve ratio
(B) Bank rate
(C) Open Market Operation
(D) Net liquidity ratio Am: C
12. 'Indian Bank became one of the first banks to introduce 'account portability' in February 2 'Account portability' means?
(A) Retaining account number on changing bank
(B) Retaining account number on changing branch
(C) Retaining account number on changing account holder
(D) Both (a) and (b)
13. Which of the following organisations is being merged with its parent organisation Industrial Credit & Investment Corporation of India (IClCI)?
(A) Industrial Development Bank.ofIndia
(B) Export Credit & Guarantee Corporation of India Ltd.;(ECGe)
(C) Unit Trust ofIndia (UTI)
(D) ICICI
14. Monetary Policy in India "is laid down and executed by?
(A) Union Government
(B) ASSOCHAM
(C) Reserve Bank of India
(D) FlCCI
15. Fiscal deficit in the Union Budget means?
(A) TI1edifferent between current expenditure and CU1Tent l:evenue
(B) Net increase jnUuiou Governments; borrowings from the Reserve Bank of India
(C) The stun of budgetary deficit and net increase in internal and external bon-owings
(D) Thesum of monetised deficit and budgetary deficit
16. All of the following are subsidiaries of the State Bank of India except?
(A) Central Bank of India
(B) State Bank of Bikaner and jaipur
(C) State Bank of Hyderabad
(D) State Bank ofPatiala
17. Which of the following important centres of pilgrimage is not situated on the banks of the Ganges?
(A) Allahabad
(B) Hardwar
(C) Mathura
(D) Varanasi
18. The major finance for small scale industries is?
(A) shares and debentures
(B) bank loans
(C) public deposits
(D) foreign aid
19. The Reserve Bank of India Bulletin is published in every?
(A) fortnight
(B) month
(C) six months
(D) year
20. Which of the following is not helpful in controlling money supply?
(A) Free Market Policy
(B) CRR
(C) Bank Rate
(D) Change in Margin Requirement
