Wednesday, June 7, 2017

Current Affairs

1.Dalal Street is in
Kolkata - famous for jute market 
Mumbai - famous for stock exchange market 
Delhi -famous for Kabari (Waste goods) market 
Bangalore - famous for race course

2.When was the Imperial Bank of India nationalized?
1948 1950 1955 1969

3.Most banks are offering teaser rates on home loans. What does it mean?
The rates keep fluctuating during the period of loan with high uncertainty 
The initial rate is offered at a rate lower than the prevailing market rate for a few months and then gradually keeps increasing 
The initial rate is higher than the current market rate with offer of lower rates at a later date 
Home loan borrowers of shorter duration are given preferential rate

4.There are many security features which are regularly being explained and stressed to check against forged currency notes. One of them is Intaglio printing. What is it?
It is specialized printing of Rs.1,000 and Rs. 500 denomination currency notes.
It is raised printing on the currency notes of RBI seal, Ashoka Pillar emblem etc. 
It is printing on special printing press of RBI 
It is printing through special inks of the security features on curency etc.

5. NABARD was established on the recommendation of
Public Accounts Committee 
Shivaraman Committee 
Narasimham Committee 
Khandelwal Committee

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