Current Affairs(2014) Series 1

Q. 1 )

Micro credit in India comes under......................


1) Private Banking
2) NBFC
3) Rural Banking
4) Cooperative Banking
5) None of these
Correct Ans:
2 "Non-Banking Financial Comapny
 NBFCs are financial institutions that provide banking services without meeting the legal definition of a bank."



Q. 2) Which of the following is a business organisation ?
1) Planning Commission
2) Oil and Natural Gas Corporation
3) Election Commission
4) Short Service Commission
5) None of these
Correct Ans:
2 "Oil and Natural Gas Corporation
 ONGC is Asia's largest and most active company in exploration and production of oil. It was founded an 14th August 1953."



Q. 3)How many times the President of India can seek re-election to his post ?
1) Only Once
2) Two times
3) Three-times
4) Any number of times
5) None of these
Correct Ans:
4 ""


Q.4)Cheap money means ?
1) Low rate of income
2) Low level of saving
3) Low rate of interest
4) Low rate of loan
5) None of these
Correct Ans:
3


Q.5)The world's local bank’ is the tag line of which bank ?
1) ABN Amro
2) Standard Chartered bank
3) Rabo bank
4) Hong Kong and Shanghai Banking Corporation
5) None of these
Correct Ans:
4 "HSBC"