A future is a …… (i) standard contract based on an agreement to buy or sell an assets at a certain price at a certain time in future, (ii) It is an obligation on the buyer to purchase the underlying instrument, (iii) It is an obligation on the seller to sell it
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans – d
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When it comes to the regional centres of Reserve Bank of India, which amongst the following is odd man out?
a. Chennai
b. Hyderabad
c. Mumbai
d. New Delhi
Ans – b
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When it comes to nationalization of six banks during the second stage on 15.04.1980, which among the following is not true?
a. Andhra Bank
b. Punjab and Sind Bank
c. New Bank of India
d. Indian Overseas Bank
Ans – d
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Currency note issue is one among several functions of Reserve Bank of India and which amongst the following is not the responsibility of RBI?
a. Issue of 2 rupee notes
b. Issue of 1000 rupee notes
c. Issue of one rupee notes
d. Issue of ten rupees notes
Ans – c
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Which are the traditional functions of Reserve Bank of India?
a. Issue of currency notes
b. Forex management
c. Functions like export assistance and clearing house functions
d. All the above
Ans – d
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Which amongst the following is not the development function of Reserve Bank of India?
a. Agriculture development
b. Promotion of industrial finance
c. Development of bill market
d. Open market operations
Ans – d
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The financial system in our country comprises of which amongst the following?
a. Financial markets
b. Financial assets
c. Financial Intermediaries and institutions
d. All the above
Ans – d
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Which amongst the following is a money market instrument?
a. Call money
b. Term money
c. Notice money
d. All the above
Ans – d
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A Government Security is the security which is issued by the Government to raise a public loan and issued in the form of (i) Bearer bonds, (ii) Promissory notes, (iii) Stock certificates
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans – d
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A modem performs the function of (i) Modulating binary data for voice line transmission,
(ii) Demodulating the transmitted data for computer processing, (iii) Multiplexing of several signals
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans – a
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Under the powers derived from Section 20, 21 and 21A, Reserve Bank of India does not (i)
manage the public debt and issue new loans on behalf of the Central and state Government, (ii) provide refinance to NABARD in respect on agriculture advances, (iii) regulate flow of credit to the economy by variation in the Statutory Liquidity requirement and Cash Reserve Ratio
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans – b
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