#1. A bank opened in SEZ in India comes under which category:

Domestic Banking

Offshore Banking

National Banking

International Banking

#2. Which of the following is not the role of RBI :

Bank to Government

To accept deposit from public

To be the bankers’ bank

All of these

#3. Mutual Funds are regulated in India by which among the following?

Stock Exchange

SEBI

RBI

RBI and SEBI both

#4. How increase in domestic exchange rate of country will affect its imports and exports:

It will increase the demand for exports and decrease in demand for imports

It will increase demand for import and decrease in demand for exports

It will increase demand for both imports and exports

Either a or b is possible

#5. Which one of the following is not capital market instrument ?

Treasury bill

Debentures

Shares

Public sector bonds

#6. What is ‘Green Banking’?

Bank financing to irrigation

Bank financing to agriculture

Bank financing on pro – environment

All Bank financing to farmers

#7. How are Micro, Small and Medium Enterprises (MSMEs) categorized?

On the basis of profit earned

On the basis of Investment

On the basis of age of entrepreneur

None of these

#8. Treasury Bills are :

Short – term liability of the producers and traders

Long – term liability of the producers and traders

Short – term liability of the Government

Long – term liability of the Government

#9. APMC Act is related to :

Agriculture marketing in India

Institutional credit to agriculture in India

Non – institutional credit to agriculture in India

Irrigation facilities to agriculture in India

#10. In Banking terminology, NPA means:

Non-Promise Account

Non-Performing Asset

Non-Personal Account

Net-performing Asset

#11. Golden rule of fiscal policy in India is :

Borrowing only for current expenditure

Borrowing only for public investment

Borrowing only for repayment our debt

Borrowing for budget expenditure

#12. The temporary tax levied to obtain additional revenue is called :

Cess

Penalty

Surcharge

Fee

#13. When the RBI announces an increase of the Cash Reserve Ratio, what does it mean ?

The commercial banks will have more money to lend

The commercial banks will have less money to lend

The Reserve Bank of India will have less money to lend

The Union Government will have less money to lend

#14. In 1991 India met with an economic crisis ,Which of the following can be quoted as reason for the the same ?

High level of foreign exchange reserve

The high level of external debt

Rising prices of essential goods

Political instability

#15. What is meant by ‘White Label ATM”?

ATM installed in Bank branches

ATM installed outside Bank branches

ATM installed by non banking companies

Swipe machines installed at point of sale

#16. In free economy, inequalities of income are mainly due to ?

Free competition

Private property and inheritance

Differences in the marginal productivity of labour

Private property only

#17. The ‘India Aspiration Fund’ by Small Industries Development Bank of India (SIDBI) is fund:

that would invest in Venture Capital Funds

for meeting the equity requirement of Medium , Small and Micro Enterprises

that would invest in Research and Development at Indian Institutes of Technology

for funding ‘Innovative Startups’

#18. Real income means :

The quantity of commodity Purchase in inflation

Income after deductio

The quantity of commodity that money income buys

Money income Tax national sec

#19. To reduce the rate of inflation, the government should:

Increase public expendiure

Encourage consumer spending

Increase income tax

Reduce interest rate

#20. Inter personal equity means:

Equal treatment to equals

Discriminative treatment to equals

Equal distribution of health in two regions

Equal recognition for two individuals

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Assistant Manager question paper – 2020 –Economics

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