money supply, banking & financial institutions section 4 MCQ Questions & Answers Detailed Explanation

Question : 1

Name of four commodity exchanges working in the country:

1. National Multi Commodity Exchange
2. Multi Commodity Exchange
3. National Commodity and Derivatives Exchange
4. Indian Commodity Exchange

a) 1, 2, 3

b) 1 and 2

c) 1, 2, 3, 4

d) None of the Above

Question : 2

The Apex bank for providing Agricultural Refinance in India is

a) NABARD

b) SBI

c) LDB

d) RBI

Question : 3

Which among the followings is the type of inflation?

1. Demand Pull Inflation
2. Cost Push Inflation
3. Stagflation
4. Hyperinflation

a) 1, 2

b) 1, 2, 3, 4

c) 3, 4

d) 1, 4

Question : 4

Which of the following was described as the biggest ever cash purchase of the shares of a bank in India?

a) Purchase of Nedungadi Bank shares by Punjab National Bank

b) Merger of Centurion Bank of Punjab with HDFC Bank

c) Amalgamation of Global Trust Bank with Oriental Bank of Commerce

d) Purchase of State Bank of India shares from RBI by the Central Government

Question : 5

Which of the following kind of entities are covered under the Insolvency and Bankruptcy Code 2016?

1. Individuals
2. Partnership firms
3. Limited Liability Partnerships
4. Companies

a) (i) & (iv) only

b) (ii), (iii) & (iv) only

c) (iii) only

d) All of the above

Question : 6

Who maintains the foreign exchange reserve in India?

a) State Bank of India

b) Export-Import Bank of India

c) Ministry of Finance, Government of India

d) Reserve Bank of India