Thursday, 28 January 2016

Indian Economics for SSC Exam & IBPS Exam

1.       What is NABARD’S primary role?
a)      To provide term loans to state-co-operative bank’s
b)      To assist state government for share capital contribution
c)       To act as re-finance institution
d)      All of the above
2.       RBI does not transact the business of which of the following state governments?
a)      Nagaland
b)      J & K
c)       Assam
d)      Rajasthan
3.       The symbol of RBI is
a)      Capital of Ashokan pillar
b)      Kuber with a purse of money
c)       Tiger before a palm tree
d)      A dog sitting in a defensive state
4.       The scheduled bank is one which is included in the-
a)      II scheduled of banking regulation Act
b)      II Schedule of Constitution
c)       II schedule of RBI Act
d)      None of the above
5.       What are “open Market Operations”?
a)      Activities of SEBI registered brokers
b)      Selling of currencies by the RBI
c)       Selling of gilt-edged govt. securities.
d)      Sale of shares by fils.
6.       Which of the following is not an objective of the monetary policy of the RBI
a)      Boost economic development.
b)      Direct credit in desirable direction
c)       Control inflationary pressure.
d)      Ensure social justice.
7.       RBI keeps some securities against notes, these securities are always less in comparison to-
a)      Gold and foreign bonds
b)      Gold
c)       Govt. Bonds
d)      Gold, foreign bonds & G-sec
8.       The system of issuing and monitoring of money in the market is known as-
a)      Proportional reserve ratio
b)      Fixed reserve ratio
c)       Minimum reserve ratio
d)      Floating reserve ratio
9.       All commercial banks should give some cash amount while purchasing G-Sec. what would you call this?
a)      Statutory  liquidity Ratio
b)      Cash reserve Ratio
c)       Minimum reserve ratio
d)      Floating Reserve Ratio
10.   Inflation is caused by:
a)      Increase in supply of goods
b)      Increase in cash with the govt.
c)       Decrease in money supply

d)      Increase in money supply

Answer
1.       D
2.       B
3.       C
4.       C
5.       C
6.       D
7.       D
8.       C
9.       A
10.   D

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