Practice Economy and Banking and Finance Static Concepts Questions and Answers

• For which of the following reasons, NABARD has set up joint liability groups (JLG) of farmers?
• Which amongst the following nations is not a member of the Shanghai Cooperation Organisation (SCO)?
• Which of the following is known as the ability to convert an investment into cash quickly and with little or no loss in value?
• ..................are a diverse set of institutions and markets that, collectively, carry out traditional banking functions--but do so outside, or in ways ...
• Which of the following is/are key policy rates used by RBI to influence interest rates? A).Bank Rate and Repo Rate B).Reverse Repo Rate C).CRR and SLR
• Which of the following is not considered as direct instruments of RBI?
• Which committee is related to the Reforms related to Non-Banking Financial Companies (NBFC)?
• What is the full form of the term LIBOR as used in financial/banking sector?
• Which of the following is not a debt security?
• Where is the Head Office of MUDRA Bank?
• Which of the following is true about role of Banks? I. It facilitates import export transactions. II. It helps in national development by providing credi...
• Which of the following is true about Cash Credit (Bank Loan)? I. Cash credit is an arrangement whereby the bank allows the borrower to draw amount up to a...
• Which of the following is true about the discounting of bill of banks? I. Banks provide short-term finance by discounting bills, by making payment of the ...
• Consider the following statements regarding bridge loan: (A) It is a loan made by a bank for a longer period to make up for permanent shortage of cash. (...
• What is a stale cheque?
• Consider the following statement with reference to the Special Drawing Rights(SDRs). A) It is an international reserve asset created by the IMF in 1969 to...
• Expand the term ALM as used in Banking/Finance sector.
• What is true about the teaser loan rates charged by banks?
• Lack of access to financial services is technically known as:
• .............................is a facility extended by the Reserve Bank of India to the scheduled commercial banks (excluding RRBs) and primary dealers to ...
• The inability of a  debtor   to pay their  debt is known as..........................
• Repo and Reverse repo rates are two rates set by RBI for .................... ?
• Which one of the following pillars addresses risk  as per Basel Il norms.
• Arrangement made for the likely loss in the profit and loss account while finalizing accounts of banks is known as...............................
• What is CRILC ?
• In payment systems what does SWIFT stands for?
• What is correct about RTGS and NEFT: i)  RTGS is intended for big amount and NEFT is for smaller amount.  RTGS can be done for amounts of minimum Rs.2 la...
• Which of the following can be a Pre-Paid Instrument (PPI)?  i.  Smart Card ii. Mobile Wallet iii.Internet accounts
• What is a White Level ATM? 
• Which of the following statements is true about Debt-Service Ratio?
• Which of the following Acts helps a bank in its day to day activities?
• Consider the following statements- 1. Bond price and interest rate are positively related. 2. Bond price and interest rate are negatively related. 3. Cr...
• Which one of the following statements is true
• The main purpose of preparing a Bank Reconciliation Statement is:
• Which of the following acts empowers RBI to regulate Non-Scheduled Banks?
• The demand for bank notes is estimated by the Reserve Bank of India (RBI) using which of the following statistics?
• Which committee is formed for the Banking Supervision?
• Which bank works as a Lead Bank in the district? 
• Which one is incorrect about the deposit insurance scheme of DICGC?
• What is Notice Money?