Q. Which of the following best defines a floating-rate bond ?
1) A bond with a fixed interest rate and has better yield than varying interest rate bond
2) A bond with a fixed interest rate and has lower yield than varying interest rate bond
3) A bond with varying interest rate and has better yield than fixed interest rate bond
4) A bond with a varying interest rate and has lower yield than fixed interest rate bond
Q. The Cabinet Committee on Investments has been set up to address which of the following?
1) To submit a report on the hurdles creating bottle-necks in the economy
2) To boost big ticket investments and untangle red-tapism
3) To fast track disinvestment in PSUs
4) To attract foreign investment into India
Q. At present, how many countries are the members of the International Monetary Fund (IMF) ?
1) 188
2) 189
3) 187
4) 190
Q. Narsimhan Committee-II was set up for which of the following purposes ?
1) Efficiency and Productivity
2) Banking reform process
3) Export of IT sector
4) Fiscal Reform process
Q. When did the rupee become a freely convertible currency in the current account of India ?
1) 1994
2) 1999
3) 2000
4) 2001
Q. From the banking perspective, the use of ATM can be called :
1) Personal banking
2) Mobile banking
3) Internet banking
4) Branchless banking
Q. Which foreign bank operating in India celebrated 200 years of its existence ?
1) Standard and Chartered Bank
2) Citi Bank
3) HSBC
4) Royal Bank of Scotland
Q. RuPay payment system is considered to be a cheaper alternative to which of the following systems ?
1) Visa
2) Master card
3) American Express
4) All of the above
Q. Which International Organisation helps in prevention of money laundering ?
1) World Bank
2) IMF
3) FATF
4) All of the above
Q. Which of the following institutions introduced the concept of reverse mortgage loans ?
1) RBI
2) NHB
3) SBI
4) None of the above
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