Banking and Finance (Bank-PO General-Awareness): Questions 545 - 550 of 620

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Question number: 545

» Banking and Finance

MCQ▾

Question

What is Inclusive banking?

Choices

Choice (4) Response

a.

Providing financial services specially to women and children of lower income groups

b.

Doing banking business in remote areas

c.

Providing financial services to low income groups at an affordable cost

d.

All of the above

Question number: 546

» Banking and Finance

MCQ▾

Question

Who is headed Union Finance Ministry’s constituted High Level Committee to hear industry’s tax issues?

Choices

Choice (4) Response

a.

Madan Mitra

b.

Sidhartha Pradhan

c.

Gautam Ray

d.

Ashok Lahiri

Question number: 547

» Banking and Finance

MCQ▾

Question

Fixed deposits and Recurring deposits are ________.

Choices

Choice (4) Response

a.

repayable on demand

b.

payable after an agreed period

c.

repayable after death of depositors

d.

not repayable

Question number: 548

» Banking and Finance

MCQ▾

Question

The Nair Committee under the chairmanship of M. V. Nair is a committee on ________

Choices

Choice (4) Response

a.

Direct taxes

b.

Economic planning

c.

Priority sector lending

d.

None of the above

Question number: 549

» Banking and Finance

MCQ▾

Question

What is Capital Adequacy Ratio?

Choices

Choice (4) Response

a.

It is the ratio of bank’s stock of financial assets to its reserves.

b.

It is the ratio of bank’s capital to its reserves.

c.

It is the ratio of bank’s stock of financial assets to its expenditure.

d.

It is the ratio of bank’s capital to its risk.

Question number: 550

» Banking and Finance

MCQ▾

Question

ARM stands for________.

Choices

Choice (4) Response

a.

Loans available in a variety of longer terms.

b.

It includes interest rate caps.

c.

Both a. and b. are correct

d.

Question does not provide sufficient data or is vague

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