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  • 1. Rate of interest is determined by
    A. The rate of return on the capital invested B. Central Government
    C. Liquidity preference D. Commercial Banks
    Ans
    C
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    4.3

    Difficult

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    mainly asked in :
    CGLTier 1 2011

  • 2. Who is authorised to issue coins in India?
    A. Reserve Bank of India B. Ministry of Finance
    C. State Bank of India D. Indian Overseas Bank
    Ans
    B
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    2.2

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    mainly asked in :
    CGLTier 1 2011

  • 3.
    In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction?
    A. RTGS B. NEFT
    C. TT D. EFT
    E. MT
    Ans
    A
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    4.0

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    mainly asked in :
    IBPSPO 2012

  • 4. The term ‘Smart Money’ refers to
    A. Foreign Currency B. Internet Banking
    C. US Dollars D. Travellers’ Cheques
    E. Credit Cards
    Ans
    E
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    2.3

    Easy

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    mainly asked in :
    IBPSPO 2012

  • 5.
    A Worldwide financial messaging network which exchanges messages between banks and financial institutions is known as
    A. CHAPS B. SWIFT
    C. NEFT D. SFMS
    E. CHIPS
    Ans
    B
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    3.0

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    mainly asked in :
    IBPSPO 2012