MCQs on Banking Affairs -17

1. SEBI is a _________ 
(a) Constitutional body
(b) Statutory body
(c) Non statutory body
(d) Advisory body



2. What does FII stands for ?
(a) Foreign Institutional Investor
(b) France Institutional Investor
(c) Forestry Innovation Investment
(d)Foreign Indirect Investment



3. _________ is the rate at which banks can borrow overnight from RBI.
(a) Term Deposit Rate
(b) Marginal Standing Facility Rate
(c) Market Rate
(d) Call Money Rate



4. FDI stands for ?
(a) Foreign Diverse Investment
(b) Foreign Dealers in India
(c) Frequent Direct Interest
(d) Foreign Direct Investment


5. Who among the following is the head of the committee, which is recently set up to suggest measures for cost-cutting and optional utilization of assets of Air India?
(a) Suresh Malhotra
(b) Ravindra H. Dholakia
(c) Nagendra Kumar
(d) Vijay Sinha



6. Who is the head of the committee appointed for Capital Account Convertibility in Banks?
(a) M.B. Shah
(b) Mukul Mudgal
(c) M. Damodaran
(d) S.S. Tarapore



7. Who among the following is the head of the three member committee of jurists, constituted to give recommendations on amending laws to provide speedier justice and enhanced punishment in sexual assault cases?
(a) Leila Seth
(b) J.S. Verma
(c) Gopal Subramaniam
(d) S.P. Barucha



8. Which among the following committee is working on the revision of the Whole sale Price Index?
(a) Saumitra Chaudhuri committee
(b) Mihir Shah committee
(c) Narendra Jadhav committee
(d) Syeda Hameed committee



9. The Concept of ‘Universal Banking’ was implemented in India on the recommendations of:
(a) Abid Hussai Committee
(b) R H Khan Committee
(c) S Padmanabhan Committee
(d) YH Malegam Committee



10. Which among the following committee has looked inot the maladies affecting the proper functioning of the public distribution systems (PDS) in India?
(a) Suresh Tendulkar Committee
(b) Kaushik Basu Committee
(c) Wadhwa Committee
(d) Rangarajan Committee



11. The foundation for induction of computer technology in the Indian banking system was laid with the recommendations of which of the following committees?
(a) Abid Hussain Committee
(b) Deepak Parekh Committee
(c) Rangarajan Committee
(d) Narsimham Committee



12. Which among the following committee has suggested a common national; examination with weight age to the State Board results normalized on the basis of percentile formula for admission to engineering institutions?
(a) Suresh Tandon Committee
(b) T. Ramasami Committee
(c) Rajendra Kumar Committee
(d) Dharam Paul Committee



13. Which among the following committee is related with the issues and concerns in the Non-banking financial Companies (NBFCs) sector?
(a) Ragu Ram Committee
(b) Usha Thorat Comiittee
(c) Shome Committee
(d) Tarapore Committee



14. In the context of the 12th five year plan, Planning Commission has set up committee to recommend detail mythology for identification of BPL families in Urban areas?
(a) R.Puri Committee
(b) Tendulkar Committee
(c) S.R. Hashim Committee
(d) Chaturvedi Committee



15. Who among the following is the head of the expert committee on Streamlining Short-term Co-operative Structure in India?
(a) MB Shah Committee
(b) P Kotaiah
(c) Prakash Bakshi
(d) R K Singh


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