Some Confusing Question related to Banking Industry.This type of Question will come in 11th IBPS Exam.So B prepare. 1.Fiscal Policy is concerned with which of the following? a) Export and Import b) Public Revenue and Expenditure c) Issue of Currency d) Population Control e) Education for all 2.Foreign Exchange Reserves of India are kept in the custody of which of the following? a) International Bank for Reconstruction and Development b) International Monetary Fund c) Government Treasury d) Reserve Bank of India e) State Bank of India 3.One single statement that depicts the financial position of a bank and/or business enterprise at a given point of time is called a) Statement of product details b) Reconciliation Statement c) Balance Sheet d) Quarterly returns submitted to RBI e) Trading and manufacturing account 4.One of the major challenges banking industry is facing these days is deliberate efforts of some people to bring money earned through illegal activities in circulation. Which of the following acts has been passed to prevent this activity? a) Payment and Settlements Act b) Banking Regulation Act c) Negotiable Instruments Act d) Narcotics and Psychotropic Substance Act e) Prevention of Money Laundering Act 5.Which of the following organisations provides credit history of the borrowers? a) CIBIL b) ARCIL c) SEBI d) RBI e) CCIL 6.Which of the following groups represent key industries? A. Crude oil and electricity B. Petroleum refining and finished steel C. Cement and coal a) Only (A) b) Only (B) c) Only (A) and (B) d) Only (C) e) All (A), (B) and (C) 7.Which of the following terms is used in Economics? a) Keynesian b) Adsorption c) Affinity Matrix d) Gene Flow e) None of these 8.What do you understand by ‘Para Banking’ services? a) Eligible financial services rendered by banks b) Utility services provided by banks c) Services provided through business correspondents d) Services provided to armed force personnel e) None of these 9.The Economic Survey is compiled by the a) Ministry of Home Affairs b) Ministry of Finance c) Ministry of Rural Development d) Central Board of Direct Taxes e) Central Statistical Organisation 10.Mutual funds are regulated by a) Association of Mutual Funds of India (AMFI) b) Securities and Exchange Board of India (SEBI) c) Reserve Bank of India d) IRDA e) None of these
Posted on: Fri, 10 Oct 2014 02:31:07 +0000
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