money supply, banking & financial institutions section 11 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 46 [SSC MTS 2014]

The purpose of devaluation is to :

a) discourage exports

b) encourage import

c) be little foreign currencies

d) encourage exports

Question : 47

Choose the type of capital market:

1. Securities Market
2. Financial institutions
3. Gill-edged market
4. Incorporated securities

a) 1 and 3

b) 1 and 4

c) 1 and 2

d) 3 and 4

Question : 48

Foreign Direct Investment (FDI) in India can happen by which of the following ways:

1. Subsidiary
2. Joint Venture
3. Acquisition of shares
4. Purchase of government securities

a) (ii) & (iii) only

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

c) (i) & (ii) only

d) All of the above

Question : 49

The first public sector bank in India which obtained license for Internet Banking from RBI is-

a) Punjab National Bank

b) Corporation Bank

c) Oriental Bank of Commerce

d) State Bank of India

Question : 50 [UPSC (Pre) 2001]

Consider the following statements. Full convertibility of the rupee may mean

1. Its free float with any of the international currencies.
2. Its direct exchange with any other international currency at any prescribed place inside and outside the country.
3. It acts just like any other international currency.

a) 1 and 3

b) 1, 2 and 3

c) 2 and 3

d) 1 and 2