Banking and Finance (Bank-PO (IBPS) General-Awareness): Questions 222 - 227 of 620

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Question number: 222

» Banking and Finance

MCQ▾

Question

How can define Umbrella Fund?

Choices

Choice (4) Response

a.

Collective investment scheme

b.

Invests in a different market or country

c.

Several sub-funds

d.

All of the above

Question number: 223

» Banking and Finance

MCQ▾

Question

When was the Banking Ombudsman Scheme introduced?

Choices

Choice (4) Response

a.

1950

b.

1945

c.

1995

d.

1949

Question number: 224

» Banking and Finance

MCQ▾

Question

What is an Infrastructure Debt Fund (IDF)?

Choices

Choice (4) Response

a.

Funds can invest through units and bonds issued by the IDFs.

b.

It is an investment sponsored by commercial banks and NBFCs

c.

Both a. and b. are correct

d.

None of the above

Question number: 225

» 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: 226

» 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: 227

» Banking and Finance

MCQ▾

Question

Name the system that was introduced in April, 2004 for collection, accounting and reporting of the receipts and payments of Direct Taxes online through a network of bank branches?

Choices

Choice (4) Response

a.

OLTAS

b.

NEFT

c.

E-computing

d.

All of the above

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