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Question : Banking sector reforms led to attractive deposit avenues, easier credit terms and a sound effective and reliable banking system is a result of the ___________ environment. 

Option 1: Business 

Option 2: Economic

Option 3: Social 

Option 4: Legal 

Team Careers360 23rd Jan, 2024

Correct Answer: Economic


Solution : Economic environment refers to all the forces and factors which directly influence the economy of your country. Economic environment consists Gross domestic product, Income level at national level and per capital level etc. 
Hence, option 2 is the correct answer.

14 Views

Question : Banking comes under which of the following sectors?

Option 1: Primary sector

Option 2: Secondary sector

Option 3: Tertiary sector

Option 4: Both secondary and tertiary sector

Team Careers360 23rd Jan, 2024

Correct Answer: Tertiary sector


Solution : The correct answer is the Tertiary sector.

The financial services sector, which is a subset of the tertiary sector, includes banking. The tertiary sector, usually referred to as the service sector, includes a broad spectrum of non-production-based services. Retail, transportation, healthcare, education, tourism,

12 Views

Question : Which of the following institutions is responsible for regulating and supervising the functioning of non-banking financial companies (NBFCs) in India?

Option 1: Reserve Bank of India (RBI)

Option 2: Securities and Exchange Board of India (SEBI)

Option 3: National Stock Exchange of India (NSE)

 

Option 4: None of the above

Team Careers360 23rd Jan, 2024

Correct Answer: Reserve Bank of India (RBI)


Solution : The correct answer is (a) Reserve Bank of India (RBI)

The correct institution responsible for regulating and supervising the functioning of non-banking financial companies (NBFCs) in India is the Reserve Bank of India (RBI). 

The RBI is the primary regulatory authority

16 Views

Question : The phenomenon of raising the outer edge of the curved roads above the inner edge to provide the necessary centripetal force to the vehicles to take a safe turn is called __________________.

Option 1: Banking of roads

Option 2: Cornering of roads

Option 3: Elevation of roads

Option 4: Tempering of roads

Team Careers360 23rd Jan, 2024

Correct Answer: Banking of roads


Solution : The correct option is the Banking of roads.

A construction method known as road banking is used to make curving roads safer for vehicles to travel on at faster speeds. The road surface can be carefully tilted to raise the outer edge

77 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 17th 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

6 Views

Question : Which of the following statements is an example of positive economics?

Option 1: The government should regulate the banking sector to prevent financial crises.

Option 2: Tax cuts for corporations will stimulate economic growth.

Option 3: Wealth redistribution is necessary for a just society.

Option 4: Economic efficiency should be prioritized over equity.

Team Careers360 19th Jan, 2024

Correct Answer: Tax cuts for corporations will stimulate economic growth.


Solution : The correct answer is (b) Tax cuts for corporations will stimulate economic growth.

Tax cuts for corporations will stimulate economic growth is an example of positive economics because it presents a cause-and-effect relationship based on empirical evidence and

23 Views

Question : Which of the following is not a function of the RBI?

 

Option 1: Issuing currency notes

Option 2: Regulating the banking system

Option 3: Conducting monetary policy

Option 4: Regulating the stock market

Team Careers360 24th Jan, 2024

Correct Answer: Regulating the stock market


Solution : The correct answer is (d) Regulating the stock market.

Regulating the stock market is not a function of the Reserve Bank of India (RBI). The RBI's primary functions include issuing currency notes, regulating the banking system, and conducting monetary policy. It is

17 Views

Question : Which of the following institutions regulates and supervises the functioning of non-banking financial companies (NBFCs) in India?

Option 1: Reserve Bank of India (RBI)

 

Option 2: Insurance Regulatory and Development Authority of India (IRDAI)
 

Option 3: Securities and Exchange Board of India (SEBI)

 

Option 4: None of the above

Team Careers360 22nd Jan, 2024

Correct Answer: Reserve Bank of India (RBI)

 


Solution : The correct answer is (a). Reserve Bank of India (RBI). 

The Reserve Bank of India is the regulatory authority responsible for regulating and supervising the functioning of non-banking financial companies (NBFCs) in India. NBFCs are financial institutions that provide various financial

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.

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