Banking and Finance (Bank-PO General-Awareness): Questions 574 - 578 of 620

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Question number: 574

» Banking and Finance

Appeared in Year: 2014

MCQ▾

Question

Nabard has announced to give for set up ________ crore funds for mega food parks.

Choices

Choice (4) Response

a.

Rs. 1, 000 crore

b.

Rs. 2, 500 crore

c.

Rs. 2, 050 crore

d.

Rs. 2, 000 crore

Question number: 575

» Banking and Finance

MCQ▾

Question

Which of the following is not an asset of a bank?

Choices

Choice (4) Response

a.

Staff Advances

b.

Notes and Small coins

c.

Overdue Recurring Deposits

d.

Short Term Loans

Question number: 576

» Banking and Finance

MCQ▾

Question

Which among the following involves the buying and selling of government securities in order to expand or contract the amount of money in the banking system?

Choices

Choice (4) Response

a.

MSF

b.

Bear Market

c.

Open Market Operation

d.

Balance of trade

Question number: 577

» Banking and Finance

MCQ▾

Question

What is Hawala transaction?

Choices

Choice (4) Response

a.

It is a method of transferring money to an account in the bank in a foreign country by an individual.

b.

It is a process in which large amount of black money is converted into white.

c.

It is a process in which large amount of black money is converted into white.

d.

It was a scam by the leading private banks in India.

Question number: 578

» Banking and Finance

MCQ▾

Question

Which rate is quoted as one unit of base currency against a number of units of a variable currency

Choices

Choice (4) Response

a.

Cash Reserve Rate

b.

Spot rate

c.

Base Rate

d.

Question does not provide sufficient data or is vague

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