Dear Readers,
Banking Awareness for IBPS Exam 2017
Just a month is left for IBPS RRB Mains It is time to pace up your preparation of Banking Awareness for IBPS RRB PO and Clerk Mains. These questions related to Banking Awareness will also help you in preparing for other upcoming banking recruitment examination.
Q1. On the basis of an assessment of the current and evolving macroeconomic situation, MPC has decided to keep the policy repo rate unchanged. MPC stands for-
(a) Money Policy Committee
(b) Management Policy Committee
(c) Monetary Product Committee
(d) Monetary Policy Corporation
(e) Monetary Policy Committee
Q2. According to Fourth Bi-monthly Monetary Policy Statement 2017-18, MPC keep the policy repo rate under the LAF unchanged at-?
(a) 6.25 percent
(b) 6.50 percent
(c) 5.75 percent
(d) 6.00 percent
(e) 7.25 percent
Q3. LAF is a monetary policy tool which allows banks to borrow money through repurchase agreements. What is the meaning “F” in LAF?
(a) Fundamental
(b) Fund
(c) Facility
(d) Following
(e) Financial
Q4. According to Fourth Bi-monthly Monetary Policy Statement 2017-18, the decision of the MPC is consistent with a neutral stance of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of ________ within a band of +/- 2 percent, while supporting growth.
(a) 3 percent
(b) 4 percent
(c) 5 percent
(d) 6 percent
(e) 7 percent
Q5. The projection of real GVA growth for 2017-18 has been revised down to _________ from the August 2017 projection of 7.3 percent by RBI in fourth Bi-monthly Monetary Policy Statement 2017-18.
(a) 6.7 percent
(b) 6.8 percent
(c) 6.9 percent
(d) 6.5 percent
(e) 6.6 percent
Q6. Who is head of MPC related to Banking of Financial term?
(a) Governor of RBI
(b) Deputy- Governor of RBI
(c) Union Finance Minister
(d) Chairman, NITI Aayog
(e) Revenue Secretary of GST
Q7. There are several direct and indirect instruments that are used for implementing monetary policy. Which among the following is not them?
(a) Market Stabilisation Scheme
(b) Tax Deducted at Source
(c) Cash Reserve Ratio
(d) Marginal Standing Facility
(e) Reverse Repo Rate
Q8. As on 04th October 2017, How many Deputy Governor/ Deputy Governors in RBI are serving?
(a) Five
(b) Two
(c) Three
(d) Four
(e) One
Q9. _________ includes both, outright purchase and sale of government securities, for injection and absorption of durable liquidity, respectively.
(a) Cash Reserve Ratio
(b) Statutory Liquidity Ratio
(c) Open Market Operations
(d) Market Stabilisation Scheme
(e) None of the given options is true
Q10. What is the present MSF rate?
(a) 5.50 percent
(b) 5.75 percent
(c) 6.75 percent
(d) 6.50 percent
(e) 6.25 percent
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Banking Awareness Quiz for Bank Exam: 30...
