Banking and Finance (Bank-PO (IBPS) General-Awareness): Questions 47 - 50 of 620

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Question number: 47

» Banking and Finance

MCQ▾

Question

The role of RBI as Banker and Debt Manager to government includes several distinct functions. Which of the following is/are not included in those functions?

Choices

Choice (4) Response

a.

Developing the market for government securities to enable the government to raise debt at a reasonable cost, provide benchmarks for raising resources by other entities and facilitate transmission of monetary policy actions.

b.

Managing the governments’ domestic debt with the objective of decreasing the required amount of public debt in a cost-effective and timely manner.

c.

Undertaking banking transactions for the Central and State Governments to facilitate receipts and payments and maintaining their accounts.

d.

None of the above

Question number: 48

» Banking and Finance

MCQ▾

Question

Who has been appointed as Chairman of IBA committee on Member Private Sector Banks?

Choices

Choice (4) Response

a.

Romesh Sobti

b.

Anil Singhvi

c.

Shyam Srinivasan

d.

Bharat Doshi

Question number: 49

» Banking and Finance

MCQ▾

Question

What do you call an unsecured loan certificate issued by a company, backed by general credit rather than by specified assets?

Choices

Choice (4) Response

a.

Debentures

b.

Promissory Note

c.

Bank note

d.

Treasury bills

Question number: 50

» Banking and Finance

MCQ▾

Question

When a bank returns a cheque unpaid, it is called –.

Choices

Choice (4) Response

a.

Dishonour of the cheque

b.

Cancelling of the cheque

c.

Drawing of the cheque

d.

Payment of the cheque

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