RRB NTPC Economics and Finance 2

Question 1

The repo rate is defined as the rate at which the Reserve Bank of India lends money to which entities?

Accepted Answer

Commercial banks in India

Answer

Foreign banks operating in India

Answer

State governments

Answer

Public sector undertakings

Question 2

SEBI (Securities and Exchange Board of India) primarily regulates which sector?

Accepted Answer

Securities and capital markets

Answer

Banking and insurance sector

Answer

Foreign direct investment

Answer

Agricultural commodity trading

Question 3

What does NABARD stand for?

Accepted Answer

National Bank for Agriculture and Rural Development

Answer

National Association for Banking and Rural Development

Answer

National Bureau for Agricultural Revenue Distribution

Answer

New Authority for Banking and Regional Development

Question 4

What is Cash Reserve Ratio (CRR)?

Accepted Answer

The minimum percentage of deposits banks must keep as reserves with the RBI

Answer

The percentage of deposits banks must invest in government bonds

Answer

The ratio of cash to total assets of the RBI

Answer

The percentage of cash banks must hold in their own vaults

Question 5

What does FDI stand for in the context of international economics?

Accepted Answer

Foreign Direct Investment

Answer

Fiscal Debt Index

Answer

Federal Debt Instrument

Answer

Financial Development Initiative

Question 6

The headquarters of the Reserve Bank of India is located in which city?

Accepted Answer

Mumbai

Answer

New Delhi

Answer

Kolkata

Answer

Chennai

Question 7

Which of the following is a direct tax in India?

Accepted Answer

Income Tax

Answer

Customs Duty

Answer

GST

Answer

Excise Duty