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Financial awareness Practice Questions & Answers

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Who could be the clients borrowing under “long-term lending under Bank Rate”? I. Government of India II. State Governments III. Non Banking Financial Corporations IV. Commercial banks in India Choose the correct answer from the codes below

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Who could be the clients borrowing
under “long-term lending under Bank
Rate”?
I. Government of India
II. State Governments
III. Non Banking Financial
Corporations
IV. Commercial banks in India
Choose the correct answer from the
codes below


1). 1 and 4 only
2). 2 and 3 only
3). 1, 2 and 4 only
4). All of the above

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Which of the following statements are true in regards NBFC?

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Which of the following statements are true in regards NBFC?
1). A NBFC can accept demand deposits
2). A NBFC can issue cheques
3). Credit Guarantee Corporation is available to depositors of NBFCs
4). A NBFC can extend loans and advances

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Recently, Baishnab Charan Parida passed away on 22 November 2018. He was a ________.

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Recently, Baishnab Charan Parida passed away on 22 November 2018. He was a ________.
1). Singer
2). Poet
3). Politician
4). Musician

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The RBI has cancelled the registration certificates of how many non-banking financial companies (NBFCs)?

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The RBI has cancelled the registration certificates of how many non-banking financial companies (NBFCs)?
1). 6
2). 4
3). 3
4). None of These

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Recently we read in the newspapers that Export Import Bank of India (Exim Bank) is considering raising funds through Samurai bonds. Which among the following is true about Samurai Bonds?

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Recently we read in the newspapers that Export Import Bank of India (Exim Bank) is considering raising funds through Samurai bonds. Which among the following is true about Samurai Bonds?
1). Yen-denominated bonds issued in Japan by a non-Japanese company and subject to Japanese regulations
2). Yen-denominated bonds issued out of Japan by a Japanese company and not subject to Japanese regulations
3). Yen-denominated bonds issued in Japan by a non-Japanese company and however not subject to Japanese regulations
4). All are correct