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Quiz on Financial Awareness

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Question 1

If the RBI adopts an expansionist open market operations policy, this means that it will?

Question 2

Fiscal Deficit in the Union Budget means

Question 3

Where is the headquarters of New Development Bank (NDB) located?

Question 4

What does “I” stands in the acronym RAPID which was recently suggested by Prime Minister Narendra Modi to improve tax administration in the country?

Question 5

As per the RBI guidelines, any non-bank entity intending to set up White label ATMs (WLAs) should have a minimum net worth of _____as per the latest financial year's audited balance sheet, which is to be maintained at all times.

Question 6

Minimum and Maximum period of Certificate of Deposits:

Question 7

Participatory Notes (PNs) are associated with which one of the following?

Question 8

_______is the rate at which banks borrow funds overnight from the Reserve Bank of India (RBI) against approved government securities.

Question 9

Ponzi schemes fall under the regulatory purview of ____.

Question 10

Cheque Truncation is the process of stopping the flow of the physical cheque issued by a drawer at some point by the presenting bank en-route to the paying bank branch. What type of instruments can be presented for clearing through CTS?
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Dec 31PO, Clerk, SO, Insurance