Banking And Financial Institutions - Study Mode

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[#751] Which among the following are criticism of World Trade organization (WTO)? 1. It is not a democratic and transparent institution. 2. it has domination of international trade by rich countries for the benefit of their individual interests. 3. It encourages a 'race to the bottom' in wages by pitting workers against each other rather than promoting internationally recognized labour standards. 4. It is seeking to privatize essential public services.

(A) 2, 3 and 4

(B) 1, 2 and 3

(C) 1, 2 and 4

(D) 1, 2, 3 and 4

Correct Answer

(D) 1, 2, 3 and 4

[#752] Match the following. List-I List-II a. RBI nationalisation 1. 1964 b. Imperial bank nationalisation 2. 1949 c. Nationalisation of 14 commercial banks 3. 1955 d. Establishment of lDBI 4. 1969

(A) a-1, b-2, c-3, d-4

(B) a-2, b-3, c-1, d-4

(C) a-3, b-2, c-4, d-1

(D) a-2, b-3, c-4, d-1

Correct Answer

(D) a-2, b-3, c-4, d-1

[#753] Head Quarters of IMF is situated in . . . . . . . .

(A) Geneva

(B) Paris

(C) Manila

(D) Washington D.C.

Correct Answer

(D) Washington D.C.

[#754] Select the correct statements: 1. Sensex is based on 50 of the most important stocks available on the Bombay Stock Exchange (BSE) 2. For calculating the Sensex, all the Sensex stocks are assigned proportional weightage 3. Sensex became operational in 1978-79 with the base value of 100

(A) 2 only

(B) 1 and 3

(C) 2 and 3

(D) None of the above

Correct Answer

(C) 2 and 3

[#755] Which of the following is not true about Unified Payments Interface (UPI)?

(A) UPI is an instant payment system developed by the National Payments Corporation of India (NPCI)

(B) Through UPI, all payments are instant and takes place in banking hours

(C) Under UPI person will have a single identity and password for using multiple bank accounts

(D) UPI is based on the Immediate Payment Services (IMPS) infrastructure

Correct Answer

(B) Through UPI, all payments are instant and takes place in banking hours