banking, security market & insurance section 4 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 26

Currency devaluation done by the government leads to which of the following?

a) No impact on domestic prices

b) Increase in domestic prices

c) Fall in domestic prices

d) Irregular fluctuations in domestic prices.

Question : 27

Consider the following statements in regard to ‘RESIDEX’:

1. The index is prepared to track the prices of residential properties in India on the basis of actual transaction prices.
2. The index is prepared from the secondary data available from various sources like housing, finance companies and banks.

a) Both 1 and 2

b) 2 only

c) 1 only

d) Neither 1 nor 2

Question : 28 [RBI 2016]

The alphabet ‘D’ in the abbreviation ‘NDTL’, commonly used in banking world, stands for

a) Debt

b) Debenture

c) Demand

d) Deposit

Question : 29 [Bihar J.Service 2016]

Which of the following banks is the World’s largest bank by assets?

a) BNP Paribas

b) Industrial and Commercial Bank of China (ICBC)

c) Bank of America

d) Bank of China

Question : 30

High rates of interest in a low inflation region

a) create atmosphere for capital formation

b) discourage people to make an investment

c) attract people to make an investment

d) are not favourable for credit expansion