The Reserve Bank of India has taken some initiatives to prevent a US type sub-prime Crisis in India. Which of the following is/ are such initiatives? A.Banks are adviced to set up credit counselling centres. B.Banks should stop giving housing loans to big borrowers (Asking for loans of Rs.50 lakhs and above ) C.Banks should not give loans to builders and property dealers/developers

What is the role of the Credit Bureau? (A) Blacklist borrowers with bad credit record.(B) Collects credit information on borrowers and supplies the information back to lenders. (C) Gives credit assessment of borrowers. (D) Dictates credit decisions of financial institutions.

A

Only A

B

Only B

C

Only C

D

Only D

A few steps of crisis communications are given below
1. Assess the crisis situation
2. Identify your crisis communications team
3. Anticipate crisis
4. Crisis response
Which of the above given is/are steps of pre-crisis communications?

A

1 and 2

B

2 and 3

C

3 and 4

D

Only 3

A, B and C enter into a partnership. A initially invests Rs. 25 lakhs and adds another Rs. 10 lakhs after one year. B initially invests Rs. 35 lakhs and withdraws Rs. 10 lakhs after 2 years and C invests Rs. 30 lakhs. In what ratio should the profits be divided at the end of 3 years ?

A

10 : 10 : 9

B

20 : 20 :19

C

20 : 19 :18

D

None of these

In a computer game, there are builders and destroyers. Together there are 20 of them. Some of them try to build a wall around a castle while the rest try to demolish it. Each of the builders can build the wall alone in 15 hours while any of the destroyers can demolish it in 10 hours. If all 20 builders and destroyers are made active when there is no wall and the wall gets built in 3 hours, how many of them are destroyers?

A

5

B

7

C

6

D

8

Statement : In the city, over 75 percent of the people are living in slums and sub-standard houses which is a reflection on the housing and urban development policies of the Government.

Courses of Action :
I. There should be a separate department looking after housing and urban development.
II. The policies in regard to urban housing should be reviewed.
III. The policies regarding rural housing should also be reviewed so that such problems could be avoided in rural areas.

A

Only I follows

B

Only I and II follow

C

Only II follows

D

Either II or III follows

E

Only II and III follow

Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : The Reserve Bank of India has directed the banks to refuse fresh loans to major defaulters.

Assumptions :
I. The banks may still give loans to the defaulters.
II. The defaulters may repay the earlier loan to get fresh loan.
III. The banks may recover the bad loans through such harsh measures.

A

None is implicit

B

Only I and II are implicit

C

All are implicit

D

Only II and III are implicit

E

None of these

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statement : Shalini made an application to the bank for a loan of Rs. 1,80,000 by mortgaging her house to the bank and promised to repay it within five years.

Assumptions :
I. The bank has a practice of granting loans for Rs. 1,00,000 and above.
II. The bank accepts house as collateral security against such loans.

A

Only assumption I is implicit

B

Only assumption II is implicit

C

Either I or II is implicit

D

Neither I nor II is implicit

E

Both I and II are implicit

Direction : Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer :

I. The local co-operative credit society has decided to stop giving loans to farmers with immediate effect.
II. A large number of credit society members have withdrawn major part of their deposits from the credit society.

A

Statement I is the cause and statement II is its effect

B

Statement II is the cause and statement I is its effect

C

Both the statements I and II are independent causes

D

Both the statements I and II are effects of independent causes

E

Both the statements I and II are effects of some common cause

Choose the alternative where the third segment in the statement can be logically deduced using both the preceding two, but not just from one of them. I. All IIMs are in India. No BIMs are in India. No IIMs are BIMs II. All IIMs are in India. No BIMs are in India .No BIMs are IIMs III. Some IIMs are not in India. Some BIMs are not in India. Some IIMs are BIMs. IV. Some IIMs are not in India. Some BIMs are not in India. Some BIMs are IIMs.

A

I Only

B

II Only

C

I and II

D

III and IV

Statement : Exporters in the capital are alleging that commercial banks are violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international rates from January this year.

Courses of Action :
I. The officers concerned in the commercial banks are to be suspended.
II. The RBI should be asked to stop giving such directives to commercial banks.

A

Only I follows

B

Only II follows

C

Either I or II follows

D

Neither I nor II follows

E

Both I and II follow