Banking And Financial Institutions - Practice Test

[#811] Net National Product is equivalent to:

(A) Gross Domestic Product minus Depreciation

(B) Gross National Product minus Indirect Taxes

(C) Net National Income minus Depreciation

(D) Gross National Product minus Depreciation

Correct Answer

(D) Gross National Product minus Depreciation

[#812] Which of the following is not correctly matched?

(A) Gold Currency Standard ⇔ Free coinage

(B) Gold Bullion Standard ⇔ Circulation of Gold Coin

(C) Gold Reserve ⇔ Restriction on Standard Import-Export of Gold

(D) Gold Parity Standard ⇔ Flexibility in Exchange Rate

Correct Answer

(B) Gold Bullion Standard ⇔ Circulation of Gold Coin

[#813] Pillar-II of RBI's new capital adequacy framework (Basel-II guidelines) prescribes that

(A) banks are required to adhere to market discipline by furnishing a set of disclosure requirements, which will enable market participants to assess key pieces of information on the scope of application, capital, risk exposure and risk assessment processes and hence, the capital adequacy of the institution

(B) banks will come under supervisory review process of RBI in regard to efficacy of their risk management system and will have to adhere to "Internal capital adequacy assessment process" to capture risks such as liquidity risks, reputational risks etc. Other than those prescribed under Pillar-I to convince RBI that adequate capital is maintained for various risks they are exposed to

(C) banks are required to maintain minimum 9% capital adequacy for credit risk, market risk and operational risk

(D) None of the above

Correct Answer

(D) None of the above

[#814] Monetary policy is prepared and declared by . . . . . . . .

(A) Govt. of India

(B) RBI

(C) State Govt.

(D) SBI

Correct Answer

(B) RBI

[#815] The chief promoter of 'Clearing Corporation' is

(A) SBI

(B) RBI

(C) Financial Ministry

(D) None of these

Correct Answer

(A) SBI

Banking And Financial Institutions - Study Mode

[#811] Net National Product is equivalent to:

Correct Answer

[#812] Which of the following is not correctly matched?

Correct Answer

[#813] Pillar-II of RBI's new capital adequacy framework (Basel-II guidelines) prescribes that

Correct Answer

[#814] Monetary policy is prepared and declared by . . . . . . . .

Correct Answer

[#815] The chief promoter of 'Clearing Corporation' is

Correct Answer