SBI PO Mains CA Quiz Set - 5

  • 1. S.S. Tarapore, the ex-deputy governor of RBI passed away recently. He was a staunch critic of the FSLRC. FSLRC stands for ..........
A.) Financial Sector Loan Reforms Commission
B.) First Sector Legislative Reforms Commission
C.) Financial Sector Legislative Reforms Commission
D.) Financial Sector  Legislative Roll Commission

Answer: Option 'C'

Financial Sector Legislative Reforms Commission

  • 2. The Stonegate Bank of the USA has made history by issuinng the first credit card that can be used in ............
A.) Vietnam
B.) Paraguay
C.) Uruguay
D.) Cuba

Answer: Option 'D'


  • 3. Which among the following is the Capital of Cuba?
A.) Hanoi
B.) Honiara
C.) Havana
D.) Harare

Answer: Option 'C'


  • 4. For stabilizing the Indian rupee, in the initiating of key reforms to attract much needed foreign capital in the country and reining in a runaway price appreciation, the Financial Times Group, declared whom as the Asia-Pacific Central Bank Governor of the Year 2015?
A.) Raghuram Rajan
B.) Ashraf Mahmood Wathra
C.) Dr. Chiranjivi Nepal
D.) Janet Yellen

Answer: Option 'A'

Raghuram Rajan

  • 5. Which term used to describe when the innocent victims are duped by fraudsters unto laundering stolen/ illegal money via their bank account, whether or not the account holder is aware of it, the account is used to fraudulently transfer money to fraudsters?
A.) Money Lynching
B.) Money Muling
C.) Insider Trading
D.) Money Roll

Answer: Option 'B'

Money Muling

  • 6. Which of the following is a Debt Instrument as referred in financial transactions?
A.) Commercial Papers
B.) Certificate of Deposits
C.) Bonds
D.) All of above are Debt Instruments

Answer: Option 'D'

All of above are Debt Instruments

  • 7. S.K. Roy resigned as the chairman of ...............

Answer: Option 'C'


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