part 18

66. RBI has recently permitted which Bank to participate in the Government Securities Repo Market

a)SBI

b)UTI

c)ICICI

d)PNB

Ans: (b)

67. The fiscal deficit in 2001-2002 was ---% of GDP

a)5.1%

b)5.3%

c)5.5%

d)5.4%

Ans: (d)

68. Under the Banking Ombudsman scheme the value of claim should not exceed

a)5 lac

b)10 lac

c)15 lac

d)20 lac

Ans: (d)

69. Which Bank has introduced ‘Pre-paid Card’ first

a)   OBC

b)   BOB

c)    Corporation Bank

d)   SBI

e)   None of these

Ans: (a)

70. The minimum Capital Adequacy Ratio currently fixed by RBI for Banks is

a)   12%

b)   10%

c)    9%

d)   11%

e)   None of these

Ans: ( c )

71. Who can fix the interest rates of NRE & FCNB deposits ? 

a) RBI  

b) Banks, as per the directive of RBI  

c) Govt. of India    

d)   IBA

Ans: (b)

72. The following is not a housing finance intermediary agency 

a) HDFC  

b) HUDCO 

c) NHB  

    d)   SICOM

Ans: (d)