All Questions

Banking

Follow
Showing 61 - 70 out of 645 Questions
23 Views

Question : Comprehension:

In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.

The modern world (1) ________ around technology. It has advanced dramatically in the beyond twenty years, and presently, we can't envision a world without PCs and cell phones. The last century saw fast progressions in innovation and science, which were unfathomable previously. The internet is perhaps the most significant of these. Today, it is no longer a science fiction concept to communicate with people anywhere in the world. While smartphones keep us constantly connected to the virtual world, the wireless internet has eliminated the need to use a physical wire to connect with this world. Today, we rely on the Internet to pay our bills, book tickets, travel, and conduct banking transactions. Li-Fi, a new technology that uses light signals to (2) ________ data and reduces external interference, is currently in development.
On the other hand, such rapid progress comes with some (3) ________. Another sort of wrongdoing, known as digital wrongdoing, is the greatest danger to security today. WannaCry was one of the biggest recent cyberattacks. It infected more than 230,000 computers in over 150 countries and threatened to erase valuable data unless ransom payments were made. Personal and (4) ________ data continue to be stolen frequently, and our country's cyber security is still lacking. It's also possible to say that people miss out on important experiences in the real world because they spend so much time in the virtual world. The distinction between the real and online worlds sometimes appears to blur, especially as social media grows in popularity. For instance, the internet was said to have become so addictive in China that programmes were established to help people get off of it. However, technology's benefits (5)________ its drawbacks. It all comes down to what we do with it. One thing to keep in mind is that technology can serve us well but not completely.

Select the most appropriate option to fill in the blank no. 2.

Option 1: lay

Option 2: disturb

Option 3: transmit

Option 4: communicate

Team Careers360 23rd Jan, 2024

Correct Answer: transmit


Solution : The most appropriate choice is the third option.

The word transmit means to broadcast or send out an electrical signal and fits well in the context of technology that uses light signals to send or convey data.

15 Views

Question : What is a good indicator to identify the effect of policies on the industrial sector?

Option 1: Rise in capital formation.

Option 2: Rise in the share of the Industry sector in the GDP.

Option 3: Rise in banking services.

Option 4: Rise in imports.

Team Careers360 21st Jan, 2024

Correct Answer: Rise in the share of the Industry sector in the GDP.


Solution : The correct option is the Rise in the share of the industry sector in the GDP.

A rise in the share of the industrial sector in GDP is a good indicator of policy effects. It signifies increased industrial output, investments, and economic growth, reflecting the sector's robustness. Policymakers often use this metric to assess the success of policies aimed at promoting industrial development and overall economic progress.

34 Views

Question : Which of the following is not a function of a stock exchange?

Option 1: Facilitating trading of securities
 

Option 2: Ensuring fair and transparent transactions
 

Option 3: Regulating the banking sector

 

Option 4: Providing liquidity to investors

Team Careers360 19th Jan, 2024

Correct Answer: Regulating the banking sector

 


Solution : The correct answer is (c) Regulating the banking sector.

Regulating the banking sector is not a function of a stock exchange. Stock exchanges primarily serve as marketplaces where securities such as stocks, bonds, and derivatives are bought and sold. They facilitate the trading of securities between buyers and sellers.

However, regulating the banking sector is typically the responsibility of regulatory bodies such as central banks and financial regulatory authorities. These entities oversee and regulate banks, ensuring their compliance with banking laws, capital requirements, and prudential regulations.

17 Views

Question : Choose which of the following statements is true.

 

Option 1: Debentures Redemption Reserve is set aside by all the companies except All India Financial Institutions regulated by RBI and Banking Companies.

 

Option 2: Amount is set aside to Debentures Redemption Reserve by Unlisted Companies which are not Non-Banking Finance Companies (NBFCs) or Housing Finance Companies (HFCs).

Option 3: Amount is set aside to Debentures Redemption Reserve by all Unlisted Companies.

Option 4: Debentures Redemption Investment is made by the companies required to set aside amount to Debentures Redemption Reserve.

Team Careers360 20th Jan, 2024

Correct Answer: Amount is set aside to Debentures Redemption Reserve by Unlisted Companies which are not Non-Banking Finance Companies (NBFCs) or Housing Finance Companies (HFCs).


Solution : Answer = amount is set aside to Debentures Redemption Reserve by Unlisted Companies which are not Non-Banking Finance Companies (NBFCs) or Housing Finance Companies (HFCs).

The amount is set aside for Debentures Redemption Reserve by Unlisted Companies which are not Non-Banking Finance Companies (NBFCs) or Housing Finance Companies (HFCs) only. Unlisted companies, excluding NBFCs and HFCs, are required to set aside an amount to the Debentures Redemption Reserve as per regulatory requirements.
Hence, the correct option is 2.

13 Views

Question : Which of the following is a feature of a non-banking financial company (NBFC)?

 

Option 1: Accepting deposits from the public

Option 2: Regulated by the Reserve Bank of India (RBI)

Option 3: Providing credit facilities

Option 4: None of the above

Team Careers360 22nd Jan, 2024

Correct Answer: Providing credit facilities


Solution : The correct answer is (c). Providing credit facilities

NBFCs are financial institutions that provide various financial services and products similar to traditional banks but without holding a banking license. One of the primary functions of NBFCs is to provide credit facilities, including loans, advances, asset financing, and other forms of credit to individuals and businesses.

NBFCs play a crucial role in providing credit and financial services to individuals and businesses, especially those who may have limited access to traditional banking services.

 

8 Views

Question : Assertion: The service sector contributes the highest share of India's GDP.

Reason: India has witnessed significant growth in sectors such as IT, telecommunications, banking, tourism, and healthcare.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.

Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.

Option 3: Assertion is true, but the reason is false.

Option 4: Assertion is false, but the reason is true.

Team Careers360 15th Jan, 2024

Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.


Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.

The assertion is true. The service sector has been a significant driver of India's economic growth and contributes a substantial portion of the country's GDP.

The reason provided, stating that India has witnessed significant growth in sectors such as IT, telecommunications, banking, tourism, and healthcare, is also true. These sectors are part of the service sector and have experienced notable growth in India. The expansion of these industries has contributed to the increased share of the service sector in India's GDP.

Therefore, both the assertion and the reason are true, and the reason correctly explains the assertion.

12 Views

Question : Which among the following comes under the primary sector of the Indian Economy?

Option 1: Sugar Industry

Option 2: Dairy Industry

Option 3: Banking Industry

Option 4: Transport of Goods

Team Careers360 23rd Jan, 2024

Correct Answer: Dairy Industry


Solution : The correct answer is Dairy.

The primary sector refers to all areas of human endeavour that use natural resources to produce essential goods, including agriculture, horticulture, dairy production, mining, fisheries, forestry, etc. By converting raw materials into valuable products, the secondary sector increases the value of natural resources.

14 Views

Question : Comprehension:

In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.

The modern world (1) ________ around technology. It has advanced dramatically in the beyond twenty years, and presently, we can't envision a world without PCs and cell phones. The last century saw fast progressions in innovation and science, which were unfathomable previously. The internet is perhaps the most significant of these. Today, it is no longer a science fiction concept to communicate with people anywhere in the world. While smartphones keep us constantly connected to the virtual world, the wireless internet has eliminated the need to use a physical wire to connect with this world. Today, we rely on the Internet to pay our bills, book tickets, travel, and conduct banking transactions. Li-Fi, a new technology that uses light signals to (2) ________ data and reduces external interference, is currently in development.
On the other hand, such rapid progress comes with some (3) ________. Another sort of wrongdoing, known as digital wrongdoing, is the greatest danger to security today. WannaCry was one of the biggest recent cyberattacks. It infected more than 230,000 computers in over 150 countries and threatened to erase valuable data unless ransom payments were made. Personal and (4) ________ data continue to be stolen frequently, and our country's cyber security is still lacking. It's also possible to say that people miss out on important experiences in the real world because they spend so much time in the virtual world. The distinction between the real and online worlds sometimes appears to blur, especially as social media grows in popularity. For instance, the internet was said to have become so addictive in China that programmes were established to help people get off of it. However, technology's benefits (5)________ its drawbacks. It all comes down to what we do with it. One thing to keep in mind is that technology can serve us well, but not completely.

Select the most appropriate option to fill in the blank no. 1.

Option 1: rotates

Option 2: revolves

Option 3: squares

Option 4: circles

Team Careers360 20th Jan, 2024

Correct Answer: revolves


Solution : The most appropriate choice is the second option.

Revolves in this context means that technology is at the centre of the modern world, plays a crucial role, and is the best choice in the context of the sentence.

29 Views

Question : Comprehension:
In the following passage, some of the words have been deleted. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.
Gaming in the banking sector seems virtually (1) _____ to eliminate. The only effective measure to end it would be to (2) _____ bankers personally liable for losses, to remove the sense that their actions—their games—have (3) ______ personal financial or legal consequences.
It is this, rather (4) ______ removing the cap on bankers' bonuses, that has the best chance of preventing the financial system from blowing (5) ____ again.
Question:
Select the most appropriate option to fill in the blank number 4.

Option 1: then

Option 2: but

Option 3: so

Option 4: than

Team Careers360 25th Jan, 2024

Correct Answer: than


Solution : The fourth option is the correct choice.

The phrase rather than is used to express a preference or choice between two alternatives. In this context, the passage indicates a preference for making bankers personally liable for losses over removing the cap on bankers' bonuses, using than to express this choice.

The meanings of the other options are as follows:

  • Then refers to a specific time or sequence of events.

  • The conjunction but is used to indicate contrast or opposition.

  • The conjunction so indicates a consequence or result.

Therefore, the correct answer is, than.

19 Views

Question : Which program was launched in 2015 to promote financial inclusion and provide banking services to all households in India?

 

Option 1: Swachh Bharat Abhiyan

Option 2: Make in India

Option 3: Digital India

Option 4: Pradhan Mantri Jan Dhan Yojana

Team Careers360 19th Jan, 2024

Correct Answer: Pradhan Mantri Jan Dhan Yojana


Solution : The correct answer is (d) Pradhan Mantri Jan Dhan Yojana." The Pradhan Mantri Jan Dhan Yojana (PMJDY) is a flagship financial inclusion program launched by the Government of India. Its objective is to ensure that every household in India has access to basic banking services such as a bank account, a debit card, and access to credit and insurance facilities. The program aims to bring the unbanked population into the formal banking system, promote savings, enable direct benefit transfers, and foster financial literacy. PMJDY has been instrumental in expanding financial inclusion in India by opening millions of bank accounts for previously unbanked individuals and households.

The question have been saved in answer later, you can access it from your profile anytime. Access now

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

Careers360 App
150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books