Economics Quiz - Question & Answers Set - 32

  • Question 5 :

  • The bank rate means—

  • Rate of interest charged by commercial banks from borrowers
  • Rate of interest at which commercial banks discounted bills of their borrowers
  • Rate of interest allowed by commercial banks on their deposits
  • Rate at which RBI purchases or rediscounts bills of exchange of commercial banks
  • None of these
  • Question 6 :

  • What is an Indian Depository Receipt ?

  • A deposit account with a Public Sector Bank
  • A depository account with any of Depositories in India
  • An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company
  • An instrument in the form of deposit receipt issued by Indian depositories
  • None of these
  • Question 8 :

  • Fiscal deficit is—

  • total income less Govt. borrowing
  • total payments less total receipts
  • total payments less capital receipts
  • total expenditure less total receipts excluding borrowing
  • None of these
  • Question 10 :

  • Reverse repo means—

  • Injecting liquidity by the Central Bank of a country through purchase of Govt. securities
  • Absorption of liquidity from the market by sale of Govt. securities
  • Balancing liquidity with a view to enhancing economic growth rate
  • Improving the position of availability of the securities in the market
  • Any of the above
  • Question 11 :

  • The stance of RBI monetary policy is—

  • inflation control with adequate liquidity for growth
  • improving credit quality of the Banks
  • strengthening credit delivery mechanism
  • supporting investment demand in the economy
  • Any of the above
  • Question 13 :

  • ‘Sub-prime’ refers to—

  • lending done by banks at rates below PLR
  • funds raised by the banks at sub-Libor rates
  • Group of banks which are not rated as prime banks as per Banker’s Almanac
  • lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards
  • All of the above
  • Question 14 :

  • Euro Bond is an instrument—

  • issued in the European market
  • issued in Euro Currency
  • issued in a country other than the country of the currency of the Bond
  • All of the above
  • None of these
Model Question Papers
Union Bank of India PO 2008 English Language
Binder Grade II Logical Reasoning & Mathematics
KSIE Junior Assistant Logical Reasoning & Mathematics
Kerala PSC LDC Thrissur 2003 Logical Reasoning & Mathematics
Kerala PSC LDC Palakkad 2003 Logical Reasoning & Mathematics
Economics Quiz - Question & Answers Set - 32
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