IBPS PO Exam-2

1. Bank rate policy controls credit ……..
a. Directly
b. Indirectly
c. Constant
d. none of these

2. Open market operations controls credit ………..
a. directly
b. indirectly
c. constant
d. none of these

3. Bank rate policy affects ……….
a. short-term rate
b. medium term rate
c. long-term rate
d. none of these

4. Open market operations affects ………
a. short-term rate
b. medium term rate
c. long-term rate
d. none of these

5. Bank rate policy is a ………….. credit control measure.
a. Qualitative
b. Selective
c. Quantitative
d. none of these

6. Open market operations are a ………….. credit control measure.
a. Qualitative
b. Selective
c. Quantitative
d. none of these

7. Moral suasion is a ………….. credit control measure.
a. General
b. Qualitative
c. Quantitative
d. none of these

8. Cash reserve ratio ……. Influence on banks.
a. Directly
b. Indirectly
c. Constant
d. none of these

9. The present Reserve bank governor :
a. Y.V.Reddy
b. Raghuram Rajan
c. Bimal Jalan
d. D. Subbarao

10. One rupee note issued by which authority?
a. Reserve bank of India
b. Finance department
c. Commerce department
d. Commercial department

11. Which person sign would seen in Rs.100 note?
a. Reserve bank governor
b. Finance secretary
c. Finance minister
d. None of these

12. The rate at which one currency is converted into another currency is known as…….
a. exchange rate
b. imports
c. exports
d. none of these

13. The common currency used in India is:
a. Pound
b. US dollar
c. Euro
d. Rupee

14. The common currency used in Pakistan is:
a. Pound
b. US dollar
c. Riyal
d. Rupee

15. The common currency used in America:
a. Pound
b. US dollar
c. Euro
d. Rupee

16. The common currency used in European countries:
a. Pound
b. US dollar
c. Euro
d. Rupee

17. ……… provide all the medium term and long term loans made for agricultural purposes.
a. NABARD
b. IFCI
c. IDBI
d. one of these

18. Bank credit is a liability of the
a. banking system
b. borrowing public
c. borrowing government
d. borrowing public as well as borrowing government

19. Which of the following is not an example of a credit instrument
a. Bond
b. Share
c. Draft
d. bank draft

20. Money is
a. a liability
b. a claim
c. somebody’s claim and somebody else’s liability
d. none of the above

IBPS PO Exam-1

1. The main functions of commercial banks are
a. borrowing of money
b. credit creation
c. advancing loans and making investments
d. all of these

2. Which bank is known as ‘banker’s bank:
a. Punjab national bank
b. Reserve bank of India
c. Indian bank
d. State bank of India

3. Which is the central bank of India?
a. Reserve bank of India
b. Syndicate bank
c. Commercial bank
d. Co-operative bank

4. Money market is a ………….market.
a. short-term
b. long- term
c. medium-term
d. none of these

5. Capital market is a ……….. market.
a. short-term
b. long- term
c. medium-term
d. none of these

6. RBI stands for:
a. risk bank of India
b. reserve bank of India
c. reserve board of institution
d. none of these

7. RBI started in which year
a. 1969
b. 1949
c. 1935
d. 1980

8. RBI was nationalized in which year?
a. 1980
b. 1949
c. 1956
d. 1991

9. RBI head office situated …….
a. Delhi
b. Kolkata
c. Chennai
d. Mumbai

10. NABARD stands for:
a. National Board of Agriculture and Rural Development
b. National Bank for Agriculture and Rural Development
c. National Bureau for Agriculture and Rural Development
d. none of these

11. NABARD came in to existence in:
a. 1980
b. 1986
c. 1976
d. 1982

12. 14 commercial banks were nationalized in:
a. 1954
b. 1969
c. 1980
d. 1991

13. Apart from 14 nationalized banks, 6 more banks were nationalized in
a. 1986
b. 1964
c. 1969
d. 1980

14. ‘bank’ term originated in which Latin word:
a. Banker
b. Banco
c. Banque
d. none of these

15. ….. bank is one which conducts all of its business in one location:
a. branch banking
b. unit banking
c. group banking
d. none of these

16. Important characteristic of unit banking:
a. limited resources
b. effective supervision and control
c. distribution of risk
d. none of these

17. ………. refers to a system whereby a single entity operates more than one branch.
a. unit banking
b. group banking
c. branch banking
d. none of these

18. A basic feature of branch banking system is:
a. various operations are controlled by a head office
b. various operations are controlled by branches
c. various operations are controlled by outside
d. none of these

19. …….. is the rate at which the central bank discounts first class bills to the commercial banks.
a. open market operations
b. bank rate
c. market rate
d. current rate

20. ……. as a ‘banking system in which a single bank has either a complete or as residuary monopoly of note issue.
a. Commercial bank
b. Co-operative bank
c. Central bank
d. Regional rural bank