banking, security market & insurance section 2 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 11 [BOM-PO 2016]

A cheque which has been written by the maker and dated at some point in the past is known as

a) Pre-paid cheque

b) Post-dated cheque

c) Out-of-date cheque

d) Antedated cheque

Answer: (d)

In banking, antedated refers to cheques which have been written by the drawer, and dated at some point in the past.

Question : 12

‘Basel III’ norms target at which of the following?

  1. Improve the banking sector’s ability to absorb shocks arising from financial and economic stress.
  2. Improve risk management and governance.
  3. Strengthen banks’ transparency.
Choose the correct answer using the codes given below:

a) 1 and 3 only

b) 1 and 2 only

c) 1 only

d) 1, 2 and 3

Answer: (d)

Basel III is basically a regulatory accord designed specifically for the banking sector. It aims to improve the supervision, regulation and risk management within the sector. It also targets at strengthening the transparency of the banks.

Question : 13 [CDS-2016-I]

Which of the following is /are example (s) of ‘Near Money’?

  1. Treasury Bill
  2. Credit Card
  3. Saving accounts and small time deposits
  4. Retail money market mutual funds
Select the correct answer using the code given below:

a) 1, 2 and 3

b) 2 only

c) 1 only

d) 1, 3 and 4

Answer: (d)

Near Money is a term used in economics to describe highly liquid assets that can easily be converted into cash.

Question : 14 [IDBI 2016- 2017]

Which of the following was established in 1928 as the first printing press for bank notes in India?

a) Bharatiya Reserve Bank Notes Mudran Private Limited (BRBNMPL), Mysore

b) Currency Notes Press (CNP), Nasik

c) Indian Security Press (ISP), Nasik

d) Bharatiya Reserve Bank Notes Mudran Private Limited (BRBNMPL), Salboni

Answer: (b)

Currency Note Press (CNP), Nasik, Maharashtra was established in 1928. It was the first printing press for banknotes in India.

Question : 15 [UPPCS (Pre) 2011]

Which one of the following is different from the others from the point of view of ownership?

a) Debenture of a company

b) Bank Fixed Deposit

c) Kisan Vikas Patra

d) LIC Policy

Answer: (a)

IMPORTANT indian economy mcq EXERCISES

Banking, Security Market & Insurance Shortcuts »

Click to Read...

banking, security market & insurance section 2 Online Quiz

Click to Start..
1294 banking security market insurance MCQ section 2 question answer with explanation pdf

Recently Added Subject & Categories For All Competitive Exams

Word Formation Objective Questions MCQs for IBPS Clerk 2024

Current year Important Objective Questions and Answers with Explanation for IBPS Clerk Prelims 2024 exam. English Vocabulary multiple choice practice exercises

08-May-2024 by Careericons

Continue Reading »

Time and work Questions with Solution PDF IBPS Clerk 2024

Free Time and Work Quants Aptitude concepts based Multiple Choice Questions and Answers Practice Test, Downloadable Quiz PDF for IBPS Clerk Prelims 2024 Exam

07-May-2024 by Careericons

Continue Reading »

Series Completion Questions & Answers PDF IBPS Clerk 2024

Top Alphabet Number Series Completion based Verbal Reasoning Multiple choice questions with answers PDF, & Free IBPS Mock tests For IBPS Clerk Prelims 2024

06-May-2024 by Careericons

Continue Reading »

New 150+ Percentage Questions For IBPS Clerk Prelims 2024

Free Top Percentage Quants Aptitude based Multiple Choice Questions and Answers Practice Test Series, Quiz PDF & Mock Test for IBPS Clerk Prelims 2024 Exam

04-May-2024 by Careericons

Continue Reading »