1. With reference to the reconstitution of the Reserve Bank of India's Central Board in eptember 2011, who among the following has/have found places in the Board?
(1) GMR Group head G. M. Rao
(2) Former Atomic Energy Commission (AEC) chairman Anil Kakodkar
(3) Dipankar Gupta, former JNU professor
(4) All of the above
2. The Reserve Bank of India, on September 26, 2011, relaxed norms for infrastructure companies with direct foreign equity up to to raise fund overseas without government permission.
(1) 18 per cent
(2) 20 per cent
(3) 25 per cent
(4) 30 per cent
a. Anil Ambani-owned Reliance Power, on September 30, 2011, received the approval of the Reserve Bank of India for raising $2.2 billion from the U.S. and Chinese banks for the 3,960-MW Sasan ultra mega power project in
(1) Gujarat
(2) Maharashtra
(3) Madhya Pradesh
(4) Chhattisgarh
4. According to the Reserve Bank of India's recent balance of payments (BOP) data released in October 2011, the trade deficit has widened to from $31.38 billion in 2010 despite an impressive export perfor mance.
(1) $33.54 billion
(2) $35.54 billion
(3) $37.54 billion
(4) $39.54 billion
5. In the notification issued on Rupee Export Credit Interest Rates in October 2011, the Reserve Bank of India said that Exporters of will be eligible for the interest subven- tion to be available up to March 31, 2012.
(1) Handicrafts
(2) Handlooms
(3) Carpets
(4) All of the above
6. Federal Bank, in October 2011, signed a MoU with National Small Industries Corporation (NSIC) with the objective of facilitating smooth credit flow to which of the following sector?
(1) Micro enterprises
(2) Small enterprises
(3) Medium enterprises
(4) All of the above
7. The amendments in which of the following banking la.ws was approved by the Union Cabinet in October 2011 to help lending agencies effectively tackle the problem of bad loans?
(a) Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAE.SI) Act, 2002.
(b) Recovery of Debts due to
Banks and Financial Insti-
tutions (RDBF) Act, • 1993. Select the correct answer using the codes given below:
(1) Only a
(2) Only b
(3) Both a and b
(4) Neither a nor b
8. The Union Cabinet, in October 2011, decided to raise the authorised capital of the IIFCL (India Infrastructure Finance Company Ltd.) to Rs.5,000 crore from the current Rs.2,000 crore, to enable higher lending to the infrastructure sector in keeping to the funding needs, pegged during the Twelfth Plan (2012-17) at ( 1 ) $1 trillion
(2) 81.5 trillion
(3) $2 trillion
(4) $2.5 trillion
9. In its Regional Economic Outlook for Asia-Pacific,- released in October 2011, the International Monetary Fund (IMF), said that commodity price rise had fed to generalised inflation in countries such as
(1) Hong Kong special administrative region
(2) India, Indonesia and Korea
(3) Malaysia and Thailand
(4) All of the above
10. The Reserve Bank of India (RBI), in October 2011, permitted PayPal to receive what amount per transaction for exporting goods and services as against $500 per transaction until now?
(1) $1000
(2) $1500
(3) $2000
(4) $3000
11. Which bank made a foray into the insurance sector on October 17, 2011, by acquiring a 30 per cent stake in MetLife India, a life insurance company, subject to regulatory approvals?
(1) Bank of Baroda
(2) Punjab National Bank
(3) Union Bank
(4) State Bank of India
12. With reference' to the announcernent made by SEBI regarding KYC Regulation Authority in October 2011, which of the following statements is/ are correct?
(a) It will ease the burden alike 'on the intermediaries as well as the common man, seeking to make investments.
(b) Setting up this mechanism would ensure that KYC exercise is undertaken only once and enabling all intermediaries to access a prospective client's number for getting his KYC status.
Select the correct answer using the ,codes given below:
(1) Both a and b
(2) Neither ,a nor b
(3) Only a
(4) Only b
13. During the India visit of Nepali Prime Minister Baburam Bhatta.rai in October 2011, India provided a $250-million line of credit to finance infrastructure projects, at the concessional rate of interest of 1.75 per cent annually. A MoU in this regard was signed by Nepal's Finance Ministry and India's
(1) Indian Overseas Bank
(2) Exim Bank
(3) Oriental Bank of Commerce
(4) Reserve Bank of India
14. With reference to Reserve Bank of India's own Lokpal, or the Banking Ombudsman, which was in news in October 2011, which of the following statements is /are correct?
(a) It was introduced in 1995 by the RBI
(b) It t was only in the year 2011 that the Banking Ombudsmen were given permission by the authori ties to reveal the details to the media.
(c) There are 15 Banking Om- budsmen all over the coun try.
Select the correct answer using the codes given below:
(1) Only a
(2) Both b and c
(3) All of the above
(4) Both a and c
15. The Banking Ombudsman, which was in news in October. 2011, is meant to be an inexpensive and expeditious form of grievance redressal relating to deficiencies of customer services rendered by the banks on selected grounds or aspects. How many grounds or aspects are there?
(1) 11 (2) 17
(3) 23 (4) 36
16. RBI Oovernor D. Subbarao ,while announcing the half-year Monetary Policy Review of 2011-12 in New Delhi on October 25, 2011, said that
(a) Price rise is likely to come down and another hike may not be warranted.
(b) Controlling inflation is imperative for sustaining growth over the medium-term and for increasing the potential growth rate.
(c) The potential growth rate is not a long-term constant; nor is it exogenously determined.
Select the correct answer USing the codes given below:
(1) Both a and b
(2) Both b and c
(3) Both a and c
(4) All of the above
17. While announcing the half-year Monetary Policy Review of 2011-12 in New Delhi on October 25, 2011, the Reserve Bank of India, while maintaining the inflation rate at 7 per. cent for 2011-12, the RBI revised the growth rate projection from 8 to
(1) 7.1 per cent
(2) 7. 4 per cent
(3) 7.6 per cent
(4) 7.7 per cent
No comments:
Post a Comment