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General Socio – economic awareness Solved paper for Bank of Baroda PO exam
1. RBI’s open market operation transactions are carried out with a view to regulate—
(A) Liquidity in the economy
(B) Prices of essential commodities
© Inflation
(D) Borrowing power of the banks
(E) All the above
(E) All the above
2. When more than one banks are allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as—
(A) Participation
(B) Consortium
© Syndication
(D) Multiple banking
(E) None of these
3. Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy means —
(A) Sale or purchase of Govt. securities
(B) Issuance of different types of bonds
© Auction of gold
(D) To make available direct finance to borrowers
(E) None of these
4. The bank rate means—
(A) Rate of interest charged by commercial banks from borrowers
(B) Rate of interest at which commercial banks discounted bills of their borrowers
© Rate of interest allowed by commercial banks on their deposits
(D) Rate at which RBI purchases or rediscounts bills of exchange of commercial banks
(E) None of these
5. What is an Indian Depository Receipt ?
(A) A deposit account with a Public Sector Bank
(B) A depository account with any of Depositories in India
© An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company
(D) An instrument in the form of deposit receipt issued by Indian depositories
(E) None of these
6. An instrument that derives its value from a specified underlying (currency, gold, stocks etc.) is known as—
(A) Derivative
(B) Securitisation Receipts
© Hedge Fund
(D) Factoring
(E) Venture Capital Funding
7. Fiscal deficit is—
(A) total income less Govt. borrowing
(B) total payments less total receipts
© total payments less capital receipts
(D) total expenditure less total receipts excluding borrowing
(E) None of these