Wednesday, 22 June 2016

Home General Awareness Quiz 22 for SBI & IBPS exams

General Awareness Quiz 22 for SBI & IBPS exams

General Awareness Quiz 21 for SBI & IBPS exams

1 . The main functions of SIDBI are
A.   To provide refinance for loans and advance extended by the primary lending institutions to SSI units and also to provide resources support to them
B.   It discounts and rediscounts bill arising from sale fo machinery to or manufactured by industrial to or manufactured by industrial units in the SSI sector
C.   All of the above
D.   None of these
 
View Answer
2 . The Discount and Finance House of India (DFHI) was established in April 1988 as per the recommendations of
A.   Working Group on Money Market headed by Shri N. Vaghul
B.   Narsimham Committee on Banking Reforms
C.   Reserve Bank of India
D.   All of the above
 
View Answer
3 . Export-Import Bank of India was set up as a statutory corporation, wholly owned by Government of India, in
A.   January 1981
B.   August 1947
C.   January 1984
D.   January 1965
 
View Answer
4 . Export-Import Bank of India has been set up for the purposes of
A.   functioning as a specialized institution for providing credits to foreign trade on international competitive terms
B.   offering advisory services to exporters
C.   providing refinance facilities in regard to export finance extended by commercial banks and other financial institutions
D.   All of the above
 
View Answer
5 . The following are the schemes of assistance extended by Export- Import Bank of India
A.   It extends as assistance to exporters engaged in export of plant, equipment, machinery and related services by way of medium term loans for the period exceeding six months. This credit assistance enables exporters to extend deferred credit to the foreign buyer.
B.   It extends financial assistance to Indian promoters who promotes overseas joint ventures to support their equity investments through overseas investment finance.
C.   It extends overseas buyers credit to foreign importers for import of Indian Capital goods and related services.
D.   All of the above
 
View Answer
6 . Which is the correct statement in respect of Exim Bank's Lending Programme for Export Oriented Units ?
A.   Interest rate on rupee term loan is linked to Bank's minimum lending rate
B.   Interest rate on foreign currency term loan maybe floating of fixed based on bank's cost of funds
C.   Interest rate is charged half yearly
D.   All of the above
 
View Answer
7 . Under its Foreign Currency Pre shipment Credit (FCPC). Exim Bank gives short term foreign currency finance to eligible exports for procurement of inputs and to commercial banks for on-lending to export customers; the terms of finance are
A.   Interest rate on finance is maximum 2% over LIBOR (London Inter Bank Offered Rate).
B.   Maximum period of finance is 180 days from the date of disbursement.
C.   For commercial banks, loans availed from EXIM Bank are exempted from the requirement of Cash Reserve Ratio. Statutory Liquidity Requirement and Incremental Credit-Deposit Ratio requirements.
D.   All of the above
 
View Answer
8 . National Housing Bank was established under National Housing Bank Act 1987 and started functioning from 9th July 1988, on the recommendations made by a High Level Group headed by
A.   Dr. C. Rangarajan
B.   Dr. BimalJalan
C.   Mr. Narasimam
D.   None of these
 
View Answer
9 . The main objectives of National Housing Bank are
A.   To promote and develop specialised housing finance institutions for mobilisation of resources and extending finance for housing activities
B.   To extend refinance facilities to housing finance institutions and to scheduled banks
C.   To provide guarantee and under writing facilitates housing finance institutions
D.   All of the above
 
View Answer
10 . For availment of refinance from National Housing Bank, Scheduled Commercial Bank has to satisfy the following conditions
A.   Interest rate on finance is maximum 2% over LIBOR
B.   Maximum period of finance is 180 days from the date of disbursement
C.   For commercial banks, loans availed from Exim Bank are exempted from the requirement of cash reserve ratio. Statutory Liquidity requirement and incremental credit deposit
D.   All of the above
 
View Answer
    Labels:
    By -
    Labels:

    No comments:

    Post a Comment

    Back To Top