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  • 1.
    As per the new guidelines of the RBI, startups in India can raise external commercial borrowings (ECBs) of up to ______________ in a financial year.
    A. USD 3 million B. USD 4 million
    C. USD 5 million D. USD 6 million
    E. None of these
    Ans
    A
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  • 2.
    Which of the following banks has recently sanctioned Rs 19,702 crore loan to National Water Development Agency (NWDA) for 50 irrigation projects?
    A. World Bank B. Reserve Bank of India
    C. Asian Development Bank D. National Bank for Agriculture and Rural Development
    E. None of these
    Ans
    D
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  • 3.
    Which of the following banks has recently declared Silchar as its 5th zone in North East?
    A. Bank of Baroda B. State Bank of India
    C. Indian Bank D. Syndicate Bank
    E. None of these
    Ans
    B
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  • 4.
    As per the new guidelines of Reserve Bank India, which one of the following would need to take specific approval from the bank for the products they would be offering to customers?
    A. Payments Bank B. Co-operative Bank
    C. Commercial Bank D. Schedule Bank
    E. None of these
    Ans
    A
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  • 5.
    Which of the following persons has recently announced that BRICS’ Contingent Reserve Arrangement (CRA) is now operational to deal with any short-term balance of payments pressures the grouping’s member nations may face?
    A. Prime Minister Sri Narendra Modi B. Finance Minister Arun Jaitaly
    C. Home Minister Sri Rajnath Singh D. Defence Minister Sri Manohar Parikar
    E. None of these
    Ans
    B
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