Q1. Which of the following is not a money market instrument?
Ans. Treasury Bond
Q2. Lending of Scheduled Commercial Banks, on a fortnightly average basis should not exceed ___ of their capital fund?
Ans. 25%
Q3. Bank Rate refers to the interest rate at which:
Ans. Central bank gives loans to Commercial banks.
Q4. Purchasing Power Parity theory is related with
Ans. Exchange Rate.
Q5. Foreign currency which has a tendency of quick migration is called
Ans. Hot currency.
Q6. Which is the important source of income for Govt. of India?
Ans. Excise duty
Q7. Excise duty on a commodity is payable with reference to its
Ans. Production
Q8. In which type of account, banks generally don’t pay interest—
Ans. Current account
Q9. India’s First Financial Archive has been set up at—
Ans. Kolkata
Q10. When the Commercial Bank create credit areas which are in effect and increases—
Ans. The supply of money
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