TEST SERIES - 54 (II)

Treasury bills are sold in India by

• Reserve Bank of India

• State Governments

• Commercial Banks

• SEBI

Federal Reserves is the financial organisation of

• USA

• Britain

• France

• Japan

Capital Market Regulator is

• RBI

• IRDA

• NSE

• SEBI

Monetory Policy is regulated by

• Money lenders

• Reserve Bank of India

• Private entrepreneurs

• Government policy

In Indian currency, the One Rupee Note is issued under the signature of

• Governor of Reserve Bank of India

• President of India

• Finance Secretary, Ministry of Finance, Government of India

• Finance Minister, Government of India

As we all know, the Wholesale Price Index is divided into five main commodity groups. Which of the following is not considered separately as a group while calculating Wholesale Price Index (WPI)?

• Services and /or Production by Public Sector Units

• Agriculture

• Mining

• Exports and Imports

Which one of the following statements is an appropriate description of deflation?

• It is a sudden fall in the value of a currency against other currencies

• It is a persistent recession in both the financial and real sectors of economy

• It is a persistent fall in the general price level of goods and services

• It is a fall in the rate of inflation over a period of time

Full convertibility of a rupee means

• purchase of foreign exchange for rupees freely

• payment for imports in terms of rupees

• repayment of loans in terms of rupees

• determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

What is Call Money?

• Money borrowed or lent for a day or overnight

• Money borrowed for more than one day upto 3 days

• Money borrowed for more than one day but upto 7 days

• Money borrowed for more than one day but upto 14 days

In the parlance of financial investments, the term ‘bear’ denotes

• An investor who feels that the price of a particular security is going to fall

• An investor who expects the price of particular shares to rise

• A shareholder or a bondholder who has an interest in a company, financial or otherwise

• Any lender whether by making a loan or buying a bond