studyvirus0@gmail.com 1. International Development Association ( IDA) is one of the subsidiaries of World Bank. What was the purpose of setting IDA? 1. For legal dispute resolution and conciliation between international investors and States. 2. To offer investment, advisory, and asset-management services to encourage private-sector development in less developed countries 3. To provide political risk insurance … Read more
1. The First Narasimham Committee was introduced in which year? 1. 1991 2. 1992 3. 1993 4. 1994 5. 1995 2. Which is India’s First Small Finance Bank? 1. Equitas Small Finance Bank 2. Capital Small Finance Bank 3. AU Small Finance Bank 4. Jana Small Finance Bank 5. ESAF Small Finance Bank 3. Which … Read more
1. Person named in the instrument to whom or to whose order the money is to be paid is known as ______ 1. Drawer 2. Drawee 3. Payer 4. Payee 5. Endorser 2. Which of the following are the duties of a collecting banker? 1. Due care and diligence in the collection of cheques. 2. … Read more
1. ___money is a government-issued currency that is not backed by a commodity such as gold. 1. Dear Money 2. Near Money 3. Fiat Money 4. Hot money 5. Cheap money 2. Cheque, Bank notes, draft are example of __ money 1. Fiduciary Money 2. Near Money 3. Fiat Money 4. Hot money 5. Cheap … Read more
1. The expenditure made on education, training and health is called: 1. Capital formation 2. Human capital 3. Technical progress 4. Health formation 5. None of the above 2. Under which of the following ECGC comes? 1. EXIM Bank 2. Ministry of Commerce and Industry 3. Director General Foreign Trade 4. RBI 5. SEBI 3. … Read more
1. Recently, the US and the European commission has excluded several Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system to counter Russia’s war over Ukraine. Which statement is true regarding SWIFT? (i)It was established in 1975. (ii)It is headquartered in La Hulpe, Belgium. (iii)It consists of 8-11 characters. (iv)Only banks … Read more
1. Tangible net worth is calculated as: 1. Capital+Reserves-Fictitious assets and Intangible assets 2. Capital+reserves 3. Capital+Reserves- Intangible assets 4. Capital+Reserves+Fictitious assets – Intangible assets 5. None of the above 2. Rearrange the Steps in RMF in the correct order (ascending order). 1) Authorization of Information System 2)Assessment of Security Controls 3)Categorization of Information Systems. … Read more
1. The complaint by the Banking Ombudsman should be made __ 1. Oral 2. Writing 3. Both a and b 4. either a or b 5. None of the above 2. Under which of the following circumstances Banking Ombudsman may be filed for Para Banking Activities. 1. improper, unsuitable sale of third party financial products … Read more
1. Mark the correct statements regarding “Pradhan Mantri Matsya Sampada Yojana”. (A) Pradhan Mantri Matsya Sampada Yojana was launched by PM Narendra Modi on 10 September 2020. (B) The scheme will be implemented at an estimated cost of Rs. 20,050 crores within a period of 10 years from the fiscal year 2020-21 to the fiscal … Read more
1. A fund that is basically an index fund that trades like a closed-end fund is called? 1. Internal -traded fund 2. Exchange-traded fund 3. External traded fund 4. exchange-trading fund 5. None of these 2. An investment company that will repurchase shares at any time is called a(n) _____ fund? 1. Semi close -end … Read more