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Banking and Financial Awareness for NABARD/SBI/IBPS

Banking and Financial Awareness for NABARD/SBI/IBPS |_2.1

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1. “Funded debt” means?

A form of financing, a company can use to finance its long-term capital projects, such as the addition of a new product line or the expansion of operations
all Government debt which is not marketable on the stock exchange market
Government borrowings from the Reserve Bank of India
Institutional borrowings guaranteed by the Government

2. Under which of the following methods of depreciation, amount of depreciation varies every year?

Written Down Value Method
Straight Line Method
Amount of depreciation does not very on year to year basis
None of the above

3. Usually, the validity period of an Income Tax Refund Order is?

1 months
2 months
3 months
6 months

4. What do you mean by “Outcome Budget”?

It denotes reaction of the media after Budget Papers are approved in the Parliament
It aims to measure performance of the Government in various departments
It is a report submitted by the Government of India indicating different estimated projects by ministries and departments as a first step towards converting outlays into income
None of the above

5. “Floating debt” denotes?

Government securities with no definite rate of redemption, but which may be redeemed any time at the discretion of the Government
that part of the public debt which consists of short term borrowings by the Government
Government securities which continue changing hands
Government securities whose date of maturity falls within next five years

6. “Treasury bills” means?

salary bills drawn by Government officials on the treasury
bills drawn by the Government contractors and other suppliers on the treasury for the dues owed to them by the Government 
obligations of the Government of India issued by the Reserve Bank of India and payable normally ninety-one days after issue
a mode of drawings by the Treasury Officer on the Reserve Bank of India

7.“Token money” means?

coins where the value of metal in them is equal to the value attached to them by law
coins where the value of metal in them is less than the value attached to them by law
coins where the value of metal in them is more than the value of metal attached to them by law
money represented by the tokens of specified values issued by the reserve Bank of Indian

8.“Bulls and Bears” are terms used in?

bullion markets
vegetable markets
stock exchange
commodity markets

9.The term “Paper Gold” means?

paper currency fully backed by gold reserve
paper currency partially backed by gold reserve
international paper currency fully convertible into gold
special drawing rights of the IMF

10.The previous name of State Bank of India was?

National Bank of India
Premier Bank of India
Imperial Bank of India
Royal Bank of India


                                       





Banking and Financial Awareness for NABARD/SBI/IBPS |_3.1
Banking and Financial Awareness for NABARD/SBI/IBPS |_4.1

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