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Q:

CBLO, a money market instrument that represents an obligation between a borrower and a lender as to the terms and conditions of a loan. What does 'C' stand for in CBLO?

A) Clearing B) Culminative
C) Collateralized D) Credit
 
Answer & Explanation Answer: C) Collateralized

Explanation:

CBLO stands for Collateralized Borrowing and Lending Obligation. CBLO is a money market instrument that represents an obligation between a borrower and a lender as to the
terms and conditions of a loan. So, C stands for Collateralized.

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Q:

In November 2017, RBI simplified ‘FEMA’ by putting all amendments under one notification. What does ‘E’ stand for in ‘FEMA’?

A) Enterprise B) Exchange
C) Evaluate D) Estate
 
Answer & Explanation Answer: B) Exchange

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Q:

Who among the following has been appointed as member in ‘Financial Stability Institute Advisory Board’ of ‘Bank of International Settlement (BIS)’?

A) Arvind Subramanian B) Amartya Sen
C) Raghuram Rajan D) Urjit Patel
 
Answer & Explanation Answer: D) Urjit Patel

Explanation:

The Reserve Bank of India (RBI) Governor Urjit Patel has been appointed as member in ‘Financial Stability Institute Advisory Board’ of ‘Bank ofInternational Settlement (BIS)’. The Advisory Board will comprise a small but diverse group of central bank Governors, heads of financial sector supervision and chairs of standard-setting bodies and regional supervisory groups.Note:The ‘Financial Stability Institute Advisory Board’ of BIS assists financial sector authorities worldwide in strengthening their financial systems.

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Q:

Which railway station is used for immigration and customs of passengers who travel on the Thar Express between Pakistan and India?

A) Jalal Marri B) Zero Point
C) Lal Pir D) Gujar Garhi
 
Answer & Explanation Answer: B) Zero Point

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Q:

The longest railway platform in India

A) Amritsar B) Gorakhpur
C) Kathgodam D) Kanpur
 
Answer & Explanation Answer: B) Gorakhpur

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Q:

As per length, which is the longest river of China?

A) Yangtze B) Mekong
C) Ob-Irtis   D) Amur
 
Answer & Explanation Answer: A) Yangtze

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Q:

Currency notes and coins of one rupee and lower denominations are issued by the ___________.

A) State Bank of India B) Government of India
C) Reserve Bank of India D) Ministry of Finance
 
Answer & Explanation Answer: D) Ministry of Finance

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Q:

What was Australia's rank in 2016 Human Development Index published by the United Nations Development Programme?

A) 2 B) 20
C) 100 D) 200
 
Answer & Explanation Answer: A) 2

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