Indian Economy -Civil Service Gurukul
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Q1.A central bank of a country uses Open Market Operations (OMO) as
the primary means of implementing—
Anonymous Quiz
3%
(a) Tax policy
74%
(b) Monetary policy
21%
(c) Fiscal policy
3%
(d) Budgetary policy
Q3.The microfinance institutions (MFI) registered as Non-Banking
Finance Companies (NBFC) are presently regulated by
Anonymous Quiz
14%
(a) SEBI
53%
(b) Reserve Bank of India
28%
(c) MUDRA (SIDBI) Bank
6%
(d) NABARD
Q4.SBI Life Insurance Limited is a joint venture life insurance company
of State Bank of India (SBI) and—
Anonymous Quiz
11%
(a) HDFC Life Insurance Company
68%
(b) Life Insurance Corporation of India
8%
(c) BNP Paribas Cardiff
14%
(d) ICICI Prudential Life Insurance Company
Q5.The alphabet ‘D’ in the abbreviation ‘NDTL’, commonly used in
banking world, stands for—
Anonymous Quiz
38%
(a) Demand
20%
(b) Debenture
15%
(c) Debt
28%
(d) Deposit
Q1.SMERA Limited, a popular body in the financial world, is a full
service—
Anonymous Quiz
10%
(a) Asset Financing Company
68%
(b) Asset Management Company
13%
(c) Credit Information Bureau
10%
(d) Credit Rating Agency
Q3.The country’s first Aadhaar based ATM is launched by which one of
the following banks?
Anonymous Quiz
28%
(a) ICICI Bank
36%
(b) SBI
31%
(c) HDFC
5%
(d) DCB Bank
Consider the following sentences regarding ‘India Post Payment
bank’—
1. It is third entities that get approval from Reserve Bank of India. 2. It can accept deposits up to 3 lakh per account from individuals. Which of the above sentence(s) is/are true
Anonymous Quiz
15%
(a) Only 1
39%
(b) Only 2
39%
(c) 1 and 2
6%
(d) None of the above
Q5.A currency note which is wholly or partly washed, shrunk, altered or
indecipherable is known as a—
Anonymous Quiz
19%
(a) Forged banknote
43%
(b) Soiled banknote
29%
(c) Obliterated banknote
10%
(d) Imperfect banknote
Q2.The Indian Life Insurance Company ‘Aviva India’ is a joint venture
between Aviva pic, a British insurance Company and the Indian
conglomerate—
Anonymous Quiz
12%
(a) Tata Group
53%
(b) L and T Group
35%
(c) Dabur Group
0%
(d) TVS Group
Q3.A third-party administrator (TPA) is an organisation associated with
the claim settlement process in the—
Anonymous Quiz
13%
(a) Exchange markets
44%
(b) Insurance industry
31%
(c) Commodity market
13%
(d) Mutual fund industry
Q4.According to the Reserve Bank of India’s guidelines to banks,
customers can change up to 20 pieces of soiled currency notes over the
counter, free of charge upto a maximum value of—
Anonymous Quiz
6%
(a) `28,000
41%
(b) `5,000
41%
(c) `25,000
12%
(d) `15,000
Q5.The ‘Currency Chests’ are store-houses where bank notes and rupee
coins are clocked on behalf of—
Anonymous Quiz
16%
(a) State Bank of India
26%
(b) Public Sector Banks
11%
(c) Commercial Banks
47%
(d) Reserve Bank of India
Q3.Consider the following statements:
1. National Payments Corporation of India (NPCI) helps in promoting the
financial inclusion in the country. 2. NPCI has launched RuPay, a card payment scheme. Which of the statements given above is/are correct?
Anonymous Quiz
29%
(a) 1 only
14%
(b) 2 only
57%
(c) Both 1 and 2
0%
(d) Neither 1 nor 2
Q5.Which body is responsible for deciding the Reserve Bank of India's benchmark interest rates?
Anonymous Quiz
67%
(a) Monetary Policy Committee
8%
(b) Union Cabinet
25%
(c) Ministry of Finance
0%
(d) NITI Aayog