Exercise Quiz & Test – 12


1. The sheet of record which contains all monetary transaction between an country and the rest of the world is called –
A. Balane of trade
B. Balance of Payment
C. Balance sheet
D. Export-Import Data

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2. The inflation led by rising food prices caused by increased demand for
agricultural commodities is called –
A. Hyperinflation
B. Stagflation
C. Agflation
D. Deflation

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3. A money market instrument used most often in India, that represents an
obligation between a borrower and lender, which can be traded in the secondary market is called as-
A. promissory notes
B. Debentures
C. CBLO
D. certificate of deposite

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4. What does ‘L’ stands for in term CBLO?
A. Liquidilty
B. Lending
C. Lower
D. Licence

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5. Which commitee has been set up to examine the un-claimed amount in PPF, post office and saving schemes?
A. H devaraj Committee
B. H R Khan Committee
C. GopalKrishna Committee
D. k V Kamath Panel

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6. Financial services at affordable costs to the sections of disadvantaged and
low-income group of society is called as-
A. Financial Inclusion
B. Fiancial Stability
C. Deflation
D. Good trade

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7. Retail banking sector is not not characterized by which of the following?
A. Multiple products
B. Multiple Channels of distribution
C. Multiple Brands
D. Mutiple consumer groups

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8. Which of the following type of budgeting being used in India?
A. Balanced Budget
B. Zero base Budget
C. Receipts Budget
D. All of the above

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9. Find the correct match of finance organization and their headquarters?
A. ADB-Manila
B. RBI-New Delhi
C. IMF- NewYork
D. IDA- Geneva

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10. Currency chest, which have stocks of notes and coins are authorized branches of-
A. RBI
B. Scheduled bank
C. SEBI
D. Foreign Bank with Indian branches.

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