banking, security market & insurance section 3 MCQ Questions & Answers Detailed Explanation

Question : 1

Which of the following statements best describes the term ‘Scheme for Sustainable Structuring of Stressed Assets (S4A)’, recently seen in the news?

a) It is a disinvestment plan of the Government regarding Central Public Sector Undertakings.

b) It is a scheme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties.

c) It is a procedure for considering ecological costs of developmental schemes formulated by the Government.

d) It is an important provision in ‘The Insolvency and Bankruptcy Code’ recently implemented by the Government.

Question : 2

Yes Bank has announced mobilisation of USD 5 billion towards its commitment to climate finance in India by 2020. The Bank’s committed target for funding clean energy is

a) 1500 MW by 2020

b) 1500 MW annually

c) 1000 MW annually

d) 5000 MW by 2020

Question : 3

Which one of the following Public Sector Bank’s emblem figures a dog and the words ‘faithful friendly, in it?

a) oriental Bank of Commerce

b) Syndicate Bank

c) Punjab National Bank

d) State Bank of India

Question : 4

The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called

a) Central Bank Reserve (CBR)

b) Statutory Liquid Ratio (SLR)

c) Statutory Bank Ratio (SBR)

d) Central Liquid Reserve (CLR)

Question : 5

In India, one-rupee coins and notes and subsidiary coins are issued by

a) The State Bank of India

b) The Central Government

c) The Reserve Bank of India

d) The Unit Trust of India

Question : 6

Participatory Notes (PNs) are associated with which one of the following?

a) Kyoto Protocol

b) Foreign Institutional Investors

c) United Nations Development Programme

d) Consolidated Fund of India