General Awareness Quiz 25 for SBI & IBPS exams
1 . | As per RBI stipulation, the total of Tier II elements will be limited to a maximum of......% of total of Tier I elements for the purpose of compliance with the banks. | A. 50% | B. 100% | C. 200% | D. 75% | | Answer & Explanation Answer : Option D | | Explanation : | | | | | | | | 2 . | Which are the various instruments in the Indian Money Market ? | A. call money and short notice money instruments | B. inter bank term deposits/loans | C. Treasury bills | D. All of the above | | Answer & Explanation Answer : Option D | | Explanation : | | | | | | | | 3 . | Certificate of Deposit refers to | A. a certificate issued by Reserve Bank of India, stating the amount of deposit held by a bank | B. A certificate issued by Regional Rural Bank of Its Depositors. | C. a negotiable money market instrument, issued in dematerialised form or as a issuance promissory note, for funds deposited at a bank or other eligible financial institution for a specific time period | D. None of these | | Answer & Explanation Answer : Option C | | Explanation : | | | | | | | | 4 . | How much is the minimum amount for issuance of Certificate of Deposit ? | A. It should not be less than Rs. 1 lakh and in multiples of Rs. 1 lakh thereafter | B. Rupees 1 crore and in multiples of Rs. 10 lakh, thereafter. | C. Rupees 10 Lakh. | D. No minimum stipulated answer | | Answer & Explanation Answer : Option D | | Explanation : | | | | | | | | 5 . | What is the minimum period before which Certificate of Deposit is not transferable ? | A. No such minimum period. Certificate of deposit can be transferred at any time before its maturity | B. 15 days from the date of issue | C. three months form the date of issue | D. None of these | | Answer & Explanation Answer : Option A | | Explanation : | | | | | | | | 6 . | A commercial paper refers to | A. an unsecured money market instrument issued in the form of promissory note | B. a paper issued by commercial organisations | C. a secured money market instrument | D. None of these | | Answer & Explanation Answer : Option A | | Explanation : | | | | | | | | 7 . | Commercial paper can be issued by | A. Corporates | B. All India financial institutions that have been permitted to raise short term resources under the umbrella limit fixed by RBI | C. Primary dealers | D. All of the above | | Answer & Explanation Answer : Option D | | Explanation : | | | | | | | | 8 . | Commercial paper is | A. fully secured instrument | B. unserved money market instrument | C. partly secured paper | D. all of the above | | Answer & Explanation Answer : Option B | | Explanation : | | | | | | | | 9 . | Who can make investment in a commercial paper ? | A. Individuals | B. Banking companies | C. Corporate bodies registered | D. All of the above | | Answer & Explanation Answer : Option D | | Explanation : | | | | | | | | 10 . | The Commercial Banking System in India comprises of | A. scheduled and non-scheduled banks | B. Nationalised Banks and private sector banks | C. Regional rural banks and co-operative Banks | D. Land Development Banks | | Answer & Explanation Answer : Option A | | Explanation : | | | | | | | | |
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