Banking and Insurance (Part 28)

20 Mar 2015

(271) Duties of an International Banking unit cover :-

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 (1) Handling foreign currency

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 (2) Handling Doc. credits

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 (3) Granting lines of Credit

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 (4) (1)&(2) are true  

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 (5) (1),(2)&(3) are true

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(272) The unorganised financial system comprises of :-

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 (1) Money lenders

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 (2) Indigenous bankers

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 (3) Lending pawn brokers 

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 (4) (1)&(2) are true  

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 (5) (1),(2)&(3) are true

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(273) Credit Information report is also known as :-

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 (1) Credit report

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 (2) Banker’s report

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 (3) Confidential report

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 (4) (1)&(2) are true

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 (5) (1),(2)&(3) are true

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(274) Cetificate of deposit are issued by

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 (1) Corpoates

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 (2) Government

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 (3) Banks

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 (4) (1)&(2) are true  

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 (5) (1),(2)&(3) are true

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(275) EXIM Bank provides financial assistance to:-

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 (1) Indian Companies

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 (2) Commercial Banks

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 (3) Foreign Governments

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 (4) (1)&(2) are true  

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 (5) (1),(2)&(3) are true

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(276) () Dabhol Power Project had been restarted on November 1, 2006\r\nafter a gap of about-

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 (1) Four month

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 (2) Six month

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 (3) One year

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 (4) Two Years

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 (5) none of above

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(277) According to the latest statistics released by WTO, which rank India has\r\nacquired in exports of commercial Services?

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 (1) Fifth

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 (2) Seventh

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 (3) Eleventh

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 (4) Thirteenth.

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 (5) none of above

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(278) RBI sells securities through :-

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 (1) Auction program

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 (2) Open market operations

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 (3) Private placements

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 (4) (1)&(2) are true

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 (5) (1),(2)&(3) are true

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(279) The ultimate source of money in India is:-

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 (1) RBI

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 (2) SBI

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 (3) UTI

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 (4) State Government

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 (5) none of the above

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(280) The Shipping Credit and Investment Company of India Ltd. has changed its\r\nname to ________ effective from October 1992.

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 (1) ICICI

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 (2) SCICI Ltd

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 (3) HDFC

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 (4) COSMOS

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 (5) PASLV

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Answers: (271) 5 (272) 5 (273) 5 (274) 3 (275) 5  (276) 1 (277) 3 (278) 5 (279) 1 (280) 2

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