banking, security market & insurance section 2 Practice Questions Answers Test with Solutions & More Shortcuts
Banking, Security Market & Insurance PRACTICE TEST [5 - EXERCISES]
banking, security market & insurance section 1
banking, security market & insurance section 2
banking, security market & insurance section 3
banking, security market & insurance section 4
banking, security market & insurance section 5
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c) Out-of-date cheque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 »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?
- Improve the banking sector’s ability to absorb shocks arising from financial and economic stress.
- Improve risk management and governance.
- Strengthen banks’ transparency.
a) 1 and 3 only
b) 1 and 2 only
c) 1 only
d) 1, 2 and 3
Answer »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’?
- Treasury Bill
- Credit Card
- Saving accounts and small time deposits
- Retail money market mutual funds
a) 1, 2 and 3
b) 2 only
c) 1 only
d) 1, 3 and 4
Answer »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 »Answer: (b)
Currency Note Press (CNP), Nasik, Maharashtra was established in 1928. It was the first printing press for banknotes in India.
IMPORTANT indian economy mcq EXERCISES
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indian economy MCQ CATEGORIES
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» Introduction to Indian Economy
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» Planning, Economic Development & Five year Plans
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» National Income & Human Development Index
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» Agriculture Sector, Subsidy and Food Processing
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» Industries, Manufacturing & Service Sectors
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» Inclusive growth, Sustainable development and employment
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» Poverty & Unemployment
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» Introduction to Micro Economics
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» Introduction to Macro Economics
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» Macro fundamentals, GDP, Investment, Growth
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» Demand & Supply, Profit Loss, Inflation & Price Index
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» Fiscal Policy, Public Finance and Monetary Policy
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» Money Supply, Banking and Financial Institutions
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» Taxes Types, Methods & Budgeting Process
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» Banking, Security Market & Insurance
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