Bank-PO (IBPS) General-Awareness: Questions 506 - 510 of 1311

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Question number: 506

» Banking and Finance

MCQ▾

Question

If RBI wants to limit the capital outflows and control currency depreciation, which of the following would be the most viable action?

Choices

Choice (4) Response

a.

Purchase government bonds

b.

Decrease statutory liquidity ratio

c.

Decrease interest rates

d.

Increase interest rates

Question number: 507

» Current Affairs » Major Financial and Economic News

MCQ▾

Question

BSE has set up an advisory group on REITs. REITs stand for________. (August)

Choices

Choice (4) Response

a.

Relative Estate Investment Trusts

b.

Real Estate Investment Trusts

c.

Real Economic Investment Trusts

d.

Real Estate Indian Trusts

Question number: 508

» Banking and Finance

MCQ▾

Question

Loans of very small amounts given to low income groups is called ________.

Choices

Choice (4) Response

a.

Micro credit

b.

No frills loans

c.

Cash Credit

d.

Question does not provide sufficient data or is vague

Question number: 509

» Current Affairs » National News

Appeared in Year: 2015

MCQ▾

Question

Government of India has approved the creation of how many additional benches of the Authority for Advance Rulings? (Feb. )

Choices

Choice (4) Response

a.

Two

b.

Four

c.

Nine

d.

Three

Question number: 510

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2014

MCQ▾

Question

RBI has revised guidelines on mortgage guarantee companies. Which among the following are the not guidelines of mortgage guarantee companies?

Choices

Choice (4) Response

a.

The aggregate of provisions made towards losses and contingency reserves is at least 70 percent of the premium or fee earned during a financial year.

b.

The guarantees provided by customers may be treated as contingent liabilities, for which credit conversion factor would be 50 percent.

c.

The contingency will keep minimum of 24 percent of the premium or fee earned.

d.

MGCs have to provide for a lower appropriation to contingency reserves if provisions made towards losses exceeded 35 percent of the premium or fee earned during a financial year.

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