Current Affairs!

Validity period of "Demand draft" is –

1) 6 months 

2) 12 months 

3) 3 months 

4) 8 months 

5) None of these


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Life span of Rs. 10 notes are –

1) 10-15 months 

2) 16-19 months 

3) 10-18 months 

4) 1-12 months 

5) 20-25 months


RBI can issue bank notes of maximum denomination –

1) Rs. 1000 

2 ) Rs. 500 

3) Rs. 10000 

4) Rs. 20000 

5) None of these


How much maximum amount that is insured by "deposit insurance" credit corporation (DICGC) –

1) Rs. 50000 

2) Rs. 100000 

3) Rs. 10000 

4) Rs. 500000 

5) None of these


Banking ombudsman is appointed by –

1) Union government 

2) RBI 

3) Respective state government 

4) Exim bank

5) None of these


"De – Mat" account is regulated by –

1) RBI 

2) SBI 

3) IRDA 

4) SEBI 

5) None of these


FCCB stands for –

1) Foreign currency convertible bonds 

2) Forex currency convertible bonds

3) Form currency convertible bonds 

4) Future currency convertible bonds 

5) None of these


RBI can issue bank notes of maximum denomination –

1) Rs. 1000 

2 ) Rs. 500 

3) Rs. 10000 

4) Rs. 20000 

5) None of these


The approach of ‘Micro-Credit’ or ‘Banking with the poor’ is comparatively a new concept in the field of rural credit. This approach has been tried very successfully in which of the following countries?
(1) India
(2) China,         
(3) Japan
(4) Bangladesh,   
(5) None of these 


The lowering of Bank Rate by the Reserve Bank of India leads to
(1) More liquidity in the market,   
(2) Less liquidity in the market
(3) No change in the liquidity in the market,
(4) Mobilization of more deposits by commercial banksRead 

Which of the following is not a part of the scheduled banking structure in India?
(1) Public Sector Banks 
(2) Moneylenders         
(3) Private Sector Banks 
(4) Regional Rural Bank
(5) State Co-operative banksRead 


Sania mirza and Martin hingis won CHINA OPEN TROPHY

Who sets up the Bench Mark Interest Rate for Germany?
a) German Central Bank
b) Deutsche Bundes Bank
c) European Central Bank (ECB)
d) Deutsche Bank
e) None of the above


What is India's Apex Tax body?

a) CBDT
b) GAAR
c) IT Department
d) RBI
e) None of the aboveRead 


FICCI is an Association of Business Organizations in India. Who is the President of FICCI?

a) Shikha Sharma
b) Usha Thorat
c) Naina Lal Kidwai
d) Indra Nooyi
e) None of the aboveRead 


The highest denomination note of Rs. 10,000 was printed first time by RBI in:

Banks in India are governed by BR Act 1949. What does 'BR' stands for?
a) Banks Registration
b) Banking Re-organization
c) Banking Regulation
d) Banking Rights
e) None of the above

When there is a difference between all receipts and expenditures of the Government of India both capital and revenue, it is called:

Which of the following statement is/are true about fiat money?

a) Fiat money includes physical token like certificates

b) Fiat money's value is not derived from any intrinsic value are relative value is based only on government order

c) Fiat money can be converted in to valuable commodity (like gold)

d) Both 1 and 2

e) None of these