Q. The interest rate charged by a bank on a short-term loan to another bank (not the central bank of our country) is known as -
1) CRR
2) Marginal standing facility rate
3) Interbank rate
4) Spot rate
Q. 'SEPA' is a payment-integration initiative of the European Union for simplification of bank transfers denominated in -
1) EURO
2) Indian rupee
3) US Dollar
4) British Pound
Q. In an emergency situation when inter-bank liquidity dries up completely, banks can utilise the 'Marginal Standing Facility Rate' facility to borrow from the -
1) Mutual funds and insurance companies
2) Inter-bank call money market
3) Corporates and Individuals
4) Reserve Bank of India
Q. MUDRA bank is as -
1) to boost imports
2) Provide tax free interest to investors
3) Flush out black money from the economy
4) Encourage entrepreneurship in India
Q. 'Indradhanush 2' is a comprehensive plan for recapitalisation of public sector lenders and will be finalised by RBI after completion of AQR. What does Q stands for in the abbreviation AQR ?
1) Quantum
2) Quantity
3) Quest
4) Quality
Q. The Ombudsman Scheme for Non-Banking Financial Companies (NBFCs) for redressal of complaints against NBFCs have been launched by RBI under which section of the RBI Act, 1934?
1) 36
2) 18
3) 45
4) 20
Q. The Liberalised Remittance Scheme (LRS) norms has been tightened up by the RBI under which an individual can transfer up to $ ......... abroad in a year.
1) 1,00,000
2) 2,50,000
3) 3,00,000
4) 4,00,000
Q. SWIFT is global financial messaging service that enables financial institutions worldwide to send and receive information about financial transactions. The word 'W' in the abbreviation 'SWIFT' stands for -
1) Welfare
2) World
3) Wedge
4) Whole
Q. 'Notice Money', with reference to interbank money market, means deals in funds for -
1) 5-180 days
2) None of those given as options
3) 2-60 days
4) 2-14 days
Q. Who chaired the first meeting of the think tank on the Framework for National Policy on E-commerce ?
1) Narendra Modi
2) Arun Jaitley
3) Suresh Prabhu
4) Smriti Irani
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