Which of the following carries out “Open Market Operations” (OMO)?
Answer
Ministry of Finance
Fixed Income Money Market Derivatives Association of India (FIMMDAI)
National Bank for Agriculture & Rural Development (NABARD)
Securities and Exchange Board of India (SEBI)
Reserve Bank of India (RBI)
Question 2
Question
For which one of the following Loan Products “Teaser Loan” are offered by Banks?
Answer
Education Loans
Commercial Loans
Loans against security of gold
Consumer Durable Loans
Home Loan
Question 3
Question
ASBA is a facility while applying / submitting an application for purchase of shares under a public issue. “ASBA” stands for ___________
Answer
Asset Supported by Blocked Amount
Amount Supported by Blocked Amount
Account Supported by Blocked Amount
Application Supported by Blocked Amount
Agreement Supported by Blocked Amount
Question 4
Question
In Deposit Account “KYC (Know Your Customer) has been implemented as per directives of ___________
Answer
Indian Bankers Association
Reserve Bank of India
Ministry of Finance
Banking Codes & Standards Board of India
Banking Ombudsman
Question 5
Question
What does letter “I” depicts in the acronym “SIP”?
Answer
Insurance
Interest
Instalment
Investment
Initial
Question 6
Question
As per MSMED 2006 Act, An enterprise’s investment in plant & machinery is more than ₹ 5 crore but does not exceed ₹ 10 crore in manufacturing sector is called as __________
Answer
Small Enterprise
Micro Enterprise
Medium Enterprise
Macro Enterprise
Moderate Enterprise
Question 7
Question
Exporters in India get insurance cover from which of the following organization?
Answer
GIC
NABARD
ECGC
RBI
EXIM
Question 8
Question
What does letter “S” denotes in Acronym “EPS”?
Answer
Sale
Scheme
Share
Saving
Service
Question 9
Question
The “Reverse Mortgage Scheme” is designed for give benefit to which of the following groups of the society?