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Banking Awareness Questions :: IBPS PO & Clerks Set 8 Question And Answers

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16. Which committee has recommended creation of a separate category of NBFCs operating in the microfinance sector to be designated as NBFC-MFIs (Non-Banking Finance Company - Micro Finance Institutes)?
A. Y. H. Malegam B. C. Ranga Rajan
C. Tarapore D. R. K. Sundaram
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17. Recommendations of Malegam committee on Micro Finance Sector do not include _______
A. MFI should not charge more than 24% of its disbursed loans B. Processing fee on the loan amount must not be more than 1%
C. MFI should not charge more than 24% of its disbursed loans D. Margin of interest to be not more than 20 per cent
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18. On 9th October 2013 RBI has announced set up a Technical Committee under the chairman ship of ____________ to examine the feasibility of encrypted SMS-based fund transfers.
A. Sambamurthy B. Anand Sinha
C. Urjith Patel D. Pandu Ranga Rajan
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19. Which member of the world bank group launched the Indian Rupee Denominated bond, may be the first step towards internationalization of the Indian currency ?
A. IFC B. IBRD
C. IMF D. MIGA
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20. Who is the first woman chairperson of State Bank of India
A. Arundhathi Bhattacharya B. Usha Ananthasubramanian
C. Shubhalakshmi Panse D. Chandra Kochhar
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21. ________ paper currency has highest fake notes in India ?
A. 500 B. 100
C. 1000 D. 550
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22. All new paper currency must have _______ series now ?
A. Gandhi B. Subhash Chandra Bose
C. Patel D. Nehru
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23. To get rid of the disadvantages of Paper Currency, Plastic currency mooted. Which is the first country to mint Plastic money ?
A. India B. Australia
C. Spain D. China
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24. India moots to mint _________ rupee plastic money first
A. 5 B. 10
C. 100 D. 500
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25. In five cities / towns, the Rs. 10 plastic paper currency to be introduced for the valuation up to Rs. 100 crores. They are Kochi, Mysore, Bhubaneswar, Jaipur and ___________
A. New Delhi B. Hyderabad
C. Bangalore D. Simla
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