Current Economics Quiz

1.Which of the following products launched by most of the banks help farmers in getting instant credit for various agricultural purpose ?

Kisaan Credit Card Personal Loan Business Loan None of these

2.Which of the following policies of the financial sectors is basically designed to transfer local financial assets into foreign financial asset freely at market determined exchange rates?

Capital Accounts Convertibility Financial Deficit Management Minimum Support Price None of these

3.Which of the following products of a bank is specifically designed to provide financial help to children in their higher studies in India or in a foreign nation?

Personal Loan Corporate Loan Educational Loan Mortgage Loan

4.Term Deposits Receipt is

transferable by endorsement and delivery transferable by assignment cannot be transferred not negotiable

5.The re-endorsement of unpaid bills of exchange in favour of the remitting bank or the accommodate to whom they are returned must be followed by the words

In case of need please refer to Without resource to us Payable at the State Bank of India None of the above