Q1.A central bank of a country uses Open Market Operations (OMO) as
the primary means of implementing—
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
Finance Companies (NBFC) are presently regulated by
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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—
of State Bank of India (SBI) and—
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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—
banking world, stands for—
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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—
service—
Anonymous Quiz
10%
(a) Asset Financing Company
68%
(b) Asset Management Company
13%
(c) Credit Information Bureau
10%
(d) Credit Rating Agency
Q2.‘MobiKwik’ is the name of a—
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76%
(a) Mobile wallet and online payment system
12%
(b) Online shopping portal
7%
(c) White Label ATM entity
5%
(d) Brown Label ATM entity
Q3.The country’s first Aadhaar based ATM is launched by which one of
the following banks?
the following banks?
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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
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
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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—
indecipherable is known as a—
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19%
(a) Forged banknote
43%
(b) Soiled banknote
29%
(c) Obliterated banknote
10%
(d) Imperfect banknote
Q 1.Which of the following was established in 1928 as the first printing
press for bank notes in India?
press for bank notes in India?
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18%
(a) Indian Security Press (ISP), Nasik
36%
(b) Currency Notes Press (CNP), Nasik
32%
(c) Bharatiya Reserve Bank Notes Mudran Private Limited (BRBNMPL), Mysore
14%
(d) Bharatiya Reserve Bank Notes Mudran Private Limited (BRBNMPL), Salboni
Q2.The Indian Life Insurance Company ‘Aviva India’ is a joint venture
between Aviva pic, a British insurance Company and the Indian
conglomerate—
between Aviva pic, a British insurance Company and the Indian
conglomerate—
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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—
the claim settlement process in the—
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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—
customers can change up to 20 pieces of soiled currency notes over the
counter, free of charge upto a maximum value of—
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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—
coins are clocked on behalf of—
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16%
(a) State Bank of India
26%
(b) Public Sector Banks
11%
(c) Commercial Banks
47%
(d) Reserve Bank of India
Q1.The Section 2 of ‘The Coinage Act, 2011’ clarifies that the term ‘Coin’
does ‘not’ include—
does ‘not’ include—
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20%
(a) Postal order or ‘p-money’ issued by any bank or post office
20%
(b) Commemorative coin issued by Reserve Bank of India
30%
(c) Government of India One Rupee Note
30%
(d) Coins made of any other material stamped by Government
Q2.The Indian Coins are minted at the four Indian Government Mints,
which of the following is ‘not’ one of them?
which of the following is ‘not’ one of them?
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33%
(a) India Government Mint, Nasik (Maharashtra)
22%
(b) India Government Mint, Hyderabad (Telangana)
11%
(c) India Government Mint, Noida (Uttar Pradesh)
33%
(d) India Government Mint, Kolkata (West Bengal)
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?
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?
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29%
(a) 1 only
14%
(b) 2 only
57%
(c) Both 1 and 2
0%
(d) Neither 1 nor 2
Q4.Which of the following is a most likely consequence of implementing
the ‘Unified Payments Interface
(UPI)’?
the ‘Unified Payments Interface
(UPI)’?
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30%
(a) Mobile wallets will not be necessary for online payments
50%
(b) Digital currency will totally replace the physical currency in about two decades.
0%
(c) FDI inflows will drastically increase
20%
(d) Direct transfer of subsidies to poor people will become very effective.
Q5.Which body is responsible for deciding the Reserve Bank of India's benchmark interest rates?
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67%
(a) Monetary Policy Committee
8%
(b) Union Cabinet
25%
(c) Ministry of Finance
0%
(d) NITI Aayog