Current Affairs-Major Financial and Economic News (Bank-PO General-Awareness): Questions 211 - 214 of 600

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Question number: 211

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2014

MCQ▾

Question

What are the functions of Public Accounts Commission?

Choices

Choice (4) Response
a.

It is based on the reports of the Comptroller and Auditor-General on Revenue Receipts mainly on the basis of the deliberation of the Committee.

b.

It has been made in accordance with the provisions made in this behalf under rules framed by the competent authority.

c.

It is the expenditure conforms to the authority which governs it.

d. All a. , b. and c. are correct

Question number: 212

» Current Affairs » Major Financial and Economic News

MCQ▾

Question

Which Indian Bank’s net profit up 15 % at Rs. 2, 652 crore for the quarter ended March 2014?

Choices

Choice (4) Response
a.

Bank of Baroda

b.

State Bank of India

c.

ICICI Bank

d.

Punjab National Bank

Question number: 213

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2013

MCQ▾

Question

Which information is disseminated by the website of RBI, ‘Pehchano Paise Ki Boli, Kyunki Paisa Bolta Hai’?

Choices

Choice (4) Response
a.

It displays a set of instructions to Commercial Banks in relation to BASEL II

b.

It displays the schemes launched by RBI for the public

c.

It explains ways to detect counterfeit notes

d.

It explains the investment schemes for the public, to give them an idea about how one should invest in such schemes.

Question number: 214

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2014

MCQ▾

Question

RBI has issued guidelines for setting up small and payment banks. What are the guidelines? (August)

Choices

Choice (4) Response
a.

It has proposed small banks will provide a whole suite of basic banking products such as deposits and supply of credit, but in a limited area of operation.

b.

It has set up with a minimum capital of 100 crore rupees as against 500 crore rupees required for normal commercial banks.

c.

It will disburse small-ticket loans to farmers and businesses.

d. All a. , b. and c. are correct

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