ISBT Awareness for all banking PO,Clerk,IBPS PO,Railway,SSC,IAS,OAS Exams

Which of the following terms is not directly associated with the functioning of RBI ? 
1) Open Marker Operations 2) Cash Reserve Ratio
3) Liquidity Adjustment Facility 4) Public Debt Office
Answer : SENSEX
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Which of the following is not the name of the currency of a country? 
1) Rand 2) Pound
3) Dinar 4) Eucador
Answer : Eucador
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NASDAQ is an American stock exchange. NASDAQ stands for National Association of Securities Dealers Automated _____? 
1) Quotes 2) Quotations
3) Quantity 4) Quality
5)None of these
Answer : Quotations
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Which of the following is known as plastic money ?
1) bearer cheques 2) credit cards
3) demand drafts 4) gift cheques
5)None of these
Answer : credit cards
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SEBI has been imposed a restriction on money flow in equity through ‘P-notes’. What is   the full form of ‘P-notes’?
1) permanent notes 2) purchase notes
3) participatory notes 4) private notes
5)None of these
Answer : participatory notes
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The three banks, Bank of Calcutta, Bank of Bombay and Bank of Madras were amalgamated in 1921 to form a new bank, named as ----- 
1) Reserve Bank of India 2) Imperial Bank of India
3) Bank of India 4) Union Bank of India
5)None of these
Answer : Imperial Bank of India
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Which is the largest commercial bank in India ?
1) Reserve Bank of India(RBI) 2) State Bank of India(SBI)
3) ICICI Bank 4) Bank of India (BOI)
5)None of these
Answer : State Bank of India(SBI)
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India won the Kabaddi World Cup 2016 by defeating Iran by 38-29 in the finals at Ahmedabad’s TransStadia Arena on 22 October 2016. This was the third consecutive world cup title for India. Who was adjudged Most Valuable Player of the World Cup ? 
1) Ajay Thakur 2) Jang Kun Lee
3) Anup Kumar 4) Meraj Sheykh
5)None of these
Answer : Jang Kun Lee
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The Ministries of Culture and Tourism have put all officials on duty to monitor implementation of polythene ban at monuments. The ban comes into effect on which date, the day PM Narendra Modi launched the Swachh Bharat Abhiyan ?
1) September 16 2) October 2
3) October 8 4) October 16
5)None of these
Answer : October 2
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Recently, the Union Government of India  constituted a six members committee for Composition of MPC  to fix the benchmark policy rate (repo rate) required to contain inflation within the specified target level. Who is the chair- person of the committee ?
1) Urjit Patel 2) R Gandhi
3) Michael Patra 4) Chetan Ghate
5)None of these
Answer : Urjit Patel
Explanation :

Composition of MPC :

Urjit Patel: RBI Governor (Chairperson).

R Gandhi: Deputy Governor RBI in charge of Monetary Policy (Member).

Michael Patra: Executive Director of RBI (Member).

Chetan Ghate: Professor, Indian Statistical Institute (ISI) (Member).

Professor Pami Dua: Director, Delhi School of Economics (DSE) (Member).       

Ravindra H. Dholakia: Professor Indian Institute of Management (IIM), Ahmedabad (Member). 

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