24 Jun, 2018 | Current affairs multiple choice questions
1.
India has not conducted any "Coordinated Patrol (CORPAT)" with which of the following country ?
1.
Indonesia
2.
Myanmar
3.
Thailand
4.
Russia
Answer: Option 4
Explanation:
In order to enhance Indian sea security, Indian has been organising CORPATs with Indonesia, Myanmar and Thailand
2.
Which of the following statement(s) is/are true about "National Waterway 1 (NW-1)" ?
1.
"National Waterway 1 (NW-1)" is the longest waterway in India.
2.
The waterway passes through Madhya Pradesh and Gujarat.
3.
Both 1 and 2
4.
Neither 1 nor 2
Answer: Option 1
Explanation:
The waterway passes through 4 states named West Bengal, Jharkhand, Bihar and Uttar Pradesh
3.
Which of the following statement(s) is/are true about "Cash Reserve Ratio (CRR)", recently in news ?
1.
All banks have to hold some portion of deposits with them in cash, this is called CRR.
2.
This deposit can not be used by banks for lending or any other purpose.
3.
Both 1 and 2
4.
Neither 1 nor 2
Answer: Option 3
Explanation:
As per RBI guidelines, all banks have to hold some portion of deposits with them in cash, this is called CRR. This deposit can not be used by banks for lending or any other purpose.
4.
Which of the following statement(s) is/are true about "Statutory Liquidity Ratio (SLR)", recently in news ?
1.
All banks are also required to hold a fixed amount of their deposits in government securities with the RBI, this is called Statutory Liquidity Ratio(SLR).
2.
Banks are not entitled to earn return on these investments.
3.
Both 1 and 2
4.
Neither 1 nor 2
Answer: Option 1
Explanation:
Unlike CRR, banks can earn return on these investments.
5.
Which of the following statement(s) is/are true about "MSF - Marginal Standing facility)", recently in news ?
1.
MSF is an emergency tool for banks which is used to get short term loans from the central bank.
2.
Marginal Standing facility (MSF) is always higher than the repo rate.
3.
Both 1 and 2
4.
Neither 1 nor 2
Answer: Option 3
Explanation:
Marginal Standing facility (MSF) is always higher than the repo rate.
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