Banking Awareness Quiz – Ready 97

  1. RBI announced its Fourth Bi-Monthly Monetary Policy Review on ___________
    1. 1 Oct 2016
    2. 30 September 2016
    3. 4 Oct 2016
    4. 21 September 2016
    5. 2 Oct 2016
  2.  On fourth Oct 2016, outset fourth dimension the MPC announced its Monetary Policy review, afterward its establishment. In this context, MPC stands for ___________
    1. Money Policy Committee
    2. Monetary Policy Consortium
    3. Money Primary Committee
    4. Monetary Public Committee
    5. Monetary Policy Committee 
  3. In the Monetary Policy Committee, the 6 members are ___________ 
    1. Two members represented from RBI as well as 4 members selected past times regime of India.
    2. Three from RBI, i from commercial banks as well as 2 represented past times regime of India.
    3. One from RBI, 5 members sends past times regime of India.
    4. Three members represented from RBI as well as 3 members appointed past times Central Government.
    5. In the amended Act, the composition of MPC non mentioned. 
  4. As business office of Monetary Policy Committee 3 members from RBI are, the RBI governor Urjith Patel, Deputy Governor RBI inwards accuse of Monetary Policy R. Gandhi as well as ___________ 
    1. Michael Patra, the Executive Director of RBI.
    2. Ms. Anjuly Chib Duggal Secretary, Department of Financial Services.
    3. Professor Damodar Acharya, the Director inwards Central Board of Directors, RBI
    4. Bharat Narotam Doshi, the Director inwards Central Board of Directors, RBI.
    5. Chief Ombudsman of RBI 
  5. Union Government appoints 3 members to the Monetary Policy Committee (MPC) on the recommendations of a Search-cum-Selection Committee, which volition hold upward headed by  ___________
    1. Cabinet Secretary
    2. Finance Secretary
    3. Principal Secretary to PM
    4. Vice-Chairman, NITI Aayog
    5. Prime Minister of India 
  6. Appointments Committee of the Cabinet (ACC) on 22 September 2016 approved the names of 3 members to Monetary Policy Committee. They are Chetan Ghate, Pami Dua and  ___________
    1. Ravindra Dholakia
    2. Raman Subramaniam
    3. Rammohan Rao Jamili
    4. Ketan Vatsav
    5. Rakesh Mohan 
  7. Monetary Policy Committee headed past times ___________
    1. Finance Minister
    2. Chief Economic Advisor to Government of Republic of Republic of India
    3. RBI Governor
    4. Chief Economic advisor to Prime Minister of Republic of Republic of India inwards Economic affairs
    5. Secretary, Economic Affairs Government of India 
  8. In the MPC (Monetary Policy Committee), in that place volition hold upward 6 members. In example in that place is necktie at the fourth dimension of voting, as well as then ___________ 
    1. Resolution volition hold upward introduced in i trial again
    2. Finance Minister volition hold upward called to cast extra vote
    3. Governor volition accept Veto mightiness to drib the resolution
    4. Governor of RBI volition accept Casting vote
    5. Chief Economic Advisor to Government of Republic of Republic of India volition accept casting vote
  9. Indian Air Force exercised the Disaster Relief Exercise past times what shout out inwards Gujarat on September 14th 2016 ?
    1. ‘Eku Viran’
    2. ‘Iron Fist’
    3. ‘Lonely Planet’
    4. ‘Ex Sahayata’
    5. ‘Ex Varsh’
  10. RBI lends coin to commercial banks inwards the resultant of whatever shortfall of funds at the charge per unit of measurement of  ___________ 
    1. Statutory Lending Rate
    2. Reverse Repo Rate
    3. Repo Rate
    4. Cash Reserve Ratio
    5. RBI Reference Rate 
  11. On 4 Oct 2016, RBI cutting the short-term lending rate, or Repo charge per unit of measurement past times ___________ 
    1. 50 footing points
    2. 100 footing points
    3. 125 footing points
    4. 75 footing points
    5. 25 footing points 
  12. Present Repo Rate fixed at  ___________ 
    1. 6.25%
    2. 6.5%
    3. 7.0%
    4. 21%
    5. 4.0% 
  13. The newly-formed Monetary Policy Committee (MPC) cited which is the chief argue to trim back the Repo Rate on 4 Oct 2016 ?
    1. Increasing stone oil prices
    2. Recent license to On Tap Licensing system’ of RBI
    3. Increasing inflation
    4. Increasing gross domestic product inwards the outset one-half of 2016-17 Financial Year
    5. Decreasing inflation
  14. Reverse Repo Rate nether the LAF stands adjusted to ___________   
    1. 6.0%
    2. 6.25%
    3. 5.75%
    4. 5.25%
    5. 5.50% 
  15. LAF stands for ___________   
    1. Liquidity Adjournment Facility
    2. Liquidity Adjustment Facility
    3. Liability Adjustment Facility
    4. Liquidity Addition Facility
    5. LIBOR Adjustment Facility 
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