Practice Economy and Banking and Finance Static Concepts Questions and Answers

• Who regulates ‘Commodities Derivatives Market’ in India? 
• IFSC is the eleven digit alphanumeric code in which fifth digit is always
• Under which Act, Banking ombudsman has been constituted?
• The Bull’s Market is a
• Arrange the Following banks in ascending order in their respective establishment years. (A) Corporation Bank     (B) Punjab National Bank      �...
• Venture Capital means
• Under SBI Act, 1959, how many associate banks of SBI were formed from 8 princely states ?
• The meaning of Gilt – edged securities is
• Which of the following formulates the Fiscal policy in India?
• General Insurance Corporation was established in
• The Banking Regulation Act was passed on
• In which year the first Bank of India was established?
• The First RRB was set up in the ____________ district of Uttar Pradesh.
• The Presidency Bank were merged into Imperial bank in the year – 
• E-way bill is an electronic way bill for movement of goods which can be generated on the GSTN. It is based on which technology?
• The term shell company is undefined in the ___________. But in public parlance these are seen as bogus entities that do not produce anything but are used u...
• NHB RESIDEX is the contries first official housing price index. In this reference, clock which is correct? I. HPI@ mark price is based on actual market inf...
• Any rupee note, which has a political slogan is not a legal tender as per.
• What is objective of E-rakam or E-cash?
• Match the following 1) UTE                   a) July 1964 2) SEBI                  b) November 1972 3) EXIM bank     �...
• According to Basel II, what are the three types of risks? I. Operational risk II. Financial risk & infrastructure risk III. Market risk IV. Capital risk
• It is the highest rated bond which gives maximum returns at the time of maturity?
• What are Basel III accords? I. Enhanced minimum capital & liquidity II. Enhance risk discloser & market discipline III. Reputation supervision IV. Enha...
• Which govt. body has authority to inspect state cooperative banks, central co-operative banks under B & A 1949 ?
• What is absorption time?
• A person who sign the note of application & render his credit history during the process of loan application?
• Record of all financial transaction related to individual asset, organisation is called?
• Who authenticate letter of credit?
• What is ALCO
• Full payment of debt in instalment of principal & earned interest over a definite time is called
• Terminals which allow & deposits, withdrawals etc are called
• Match the following Specialised Financial Institution                                 SIDC Investment Institution     ...
• Against which of the following account a customer cannot take loan?
• Which of the following is not true about Reverse Mortgage?
• What is Securitization?
• Which of the following organizations associated with investigations in an act of Money laundering ?
• Which of the following is true about role of Banks? I. It facilitates import export transactions. II. It helps in national development by providing credit ...
• 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 a...
• What is true about the teaser loan rates charged by banks?