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- Question
The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?
Options- A. Bank rate
- B. Repo rate
- C. Reserve repo rate
- D. Marginal Standing Facily
- Correct Answer
- Bank rate
ExplanationThe bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.
- 1. When an account is declared as Inoperative & Dormant Accounts?
Options- A. Only after 2 years from the date of the lasttransaction
- B. Only after 3 years from the date of the lasttransaction
- C. Only after 1 years from the date of the lasttransaction
- D. Only after 10 years from the date of thelast transaction Discuss
- 2. Currently who is the chairman of State Bank of India?
Options- A. Rajeev Rishi
- B. Arundhati Bhattacharya
- C. Usha Ananthasubramanian
- D. Mahesh Kumar Jain Discuss
- 3. Which of the following bank has launched ?Project Nishchay? in partnership with the Boston Consulting Group (BCG) to accelerate its turnaround program and improve financial performance.
Options- A. HDFC
- B. IDBI
- C. HSBC
- D. SBI Discuss
- 4. Who among the following is associated as a head with the High-level Task Force on Public Credit Registry (PCR) formed by the Reserve Bank of India?
Options- A. S Venkitaraman
- B. G. Ambegaokar
- C. Yeshwant M. Deosthalee
- D. R S Gujral Discuss
- 5. India?s biggest water carnival through ?Jal Mahotsav? is organized every year in which of the following Island of the country?
Options- A. Hanuwantiya Island
- B. Havelock Island
- C. Kadmat Island
- D. Munroe Island Discuss
- 6. Where was Asia Pacific Economic Cooperation (APEC) 2017 summit held?
Options- A. Singapore
- B. Vietnam
- C. Australia
- D. Japan Discuss
- 7. IEA (International Energy Agency) secretariat is located in _______
Options- A. Washington
- B. Geneva
- C. London
- D. Paris Discuss
- 8. What is an 'ante-dated' cheque?
Options- A. A cheque issued without drawer's signature
- B. A cheque with only signature of the drawer
- C. A cheque which has completed threemonths from its date of issue
- D. A cheque which has completed six monthsfrom its date of issue Discuss
- 9. National Optical Fibre Network (NOFN) has been renamed as
Options- A. BharatNet Project
- B. Broadband Connectivity for all
- C. Gram Panchayat connectivity scheme
- D. Digital India Mission Discuss
- 10. Recently which bank announced to raise Rs 3,000 Crore via Basel III bonds?
Options- A. ICICI Bank
- B. Union Bank of India
- C. Allahabad Bank
- D. IDBI BANK Discuss
Basic General Knowledge problems
Search Results
Correct Answer: Only after 2 years from the date of the lasttransaction
Explanation:
Schedule bank?s account can be treated as inoperative account only after 2 years from the date of the last credit entry of interest on Fixed Deposit account as per RBI guidelines.
Correct Answer:
Explanation:
Rajnish Kumar, 59, the senior most of the managing directors at State Bank of India (SBI), became the 25th chairman of the country?s largest lender, succeeding Arundhati Bhattacharya.
Correct Answer: IDBI
Explanation:
IDBI Bank has launched ?Project Nishchay? in partnership with the Boston Consulting Group (BCG) to accelerate its turnaround program and improve financial performance. BCG will assist us to identify areas for cost containment and revenue maximization leading to sustainable growth and profitability of the Bank.
Correct Answer: Yeshwant M. Deosthalee
Explanation:
Reserve Bank of India (RBI) has formed a High-level Task Force on Public Credit Registry (PCR) for India which will be headed by Yeshwant M. Deosthalee.
Correct Answer: Hanuwantiya Island
Explanation:
India?s biggest water carnival through ?Jal Mahotsav? is organized every year in Hanuwantiya Island in Madhya Pradesh. The festival is a celebration of the natural beauty and the culture od Madhya Pradesh.
Correct Answer: Vietnam
Explanation:
APEC 2017 summit was held in the city ?Da Nang, Vietnam? under the theme of ?Creating New Dynamism, Fostering a Shared Future?. APEC is the forum of 21 pacific region countries, headquartered at Singapore, which promotes free trade in the Asia-pacific region.
Correct Answer: Paris
Explanation:
IEA (International Energy Agency) secretariat located is in Paris, France. Currently, 29 states are part of it.
Correct Answer:
Explanation:
Cheque written by drawer and dated at some point in past is called as theante-dated cheque.Example-If drawer writes a cheque on 1st Februarybut he put the date 1st January. This type of cheque is called antedated cheque.
Correct Answer: BharatNet Project
Explanation:
BharatNet is a project of national importance to establish, by 2017, a highly scalable network infrastructure accessible on a non-discriminatory basis, to provide on demand, affordable broadband connectivity of 2 Mbps to 20 Mbps for all households and on demand capacity to all institutions, to realise the vision of Digital India, in partnershipwith States and the private sector. The entire project is being funded by Universal service Obligation Fund (USOF), which was set up for improving telecom services in rural and remote areas of the country. The objective is to facilitate the delivery of e-governance, e-health, e-education, e-banking, Internet and other services to the rural India.
Correct Answer:
Explanation:
Bank of Baroda (BoB) announced to raise Rs. 3,000 Crore through Basel III compliant bonds.
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