General awareness-Practice Test 50 in Banking Awareness

1. Bank Rate refers to
A. The rate at which banks land to its prime borrowers
B. The maximum rate that banks can pay for deposit
C. The rate at which banks rediscount bills with RBI
D. The rate of interest charged on inter –bank transactions
E. None of the above


2. On june 11,2008 RBi has Hiked one of its rate in a view to put a check on inflation .which of the following rate was changed ?
A. Repo rate
B. Cash reserve ratio
C. Reverse Repo Rate
D. All of the above
E. None of these


3. Ranbaxy company id being acquired by a company of
A. America
B. England
C. Japan
D. France
E. None of these


4. Punjab National bank has started its First ‘micro finance branch ‘in
A. New Delhi
B. Gurgaon
C. Hyderabad
D. Bangalore
E. None of the above


5. United nations world food summit was held on june 3-8,2008 in
A. New York
B. Paris
C. Rome
D. London
E. None of these


6. Which of the following is not having ‘nav Ratna ‘?
A. NHPC
B. NTPC
C. NMDC
D. MTNL
E. None of these


7. Quantitative credit controls do not include
A. Open market operations
B. Bank rate
C. Cash reserve ratio
D. RBI Directives
E. SBI principles


8. After giving the status of `Nav Ratna ‘ to three more companies ,the total number of `nav Ratna’ companies goes to
A. 12
B. 13
C. 14
D. 14
E. None


9. India’s quota in IMF has been raised from 1.916% at present to
A. 2.01%
B. 2.23 %
C. 2.38%
D. 2.41%
E. None of these


10. Foreign Trade policy 2008-09 document forecast the snare of India’s trade in world trade at
A. 1.2%
B. 1.3%
C. 1.4%
D. 1.5%
E. None of these