XAT Banking Awareness Questions

Question 1

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The Mumbai Interbank Bid Rate (MIBID) and the Mumbai Interbank Offer Rate (MIBOR) are yardsticks that control which of the following financial markets?

A

FOREX markets

B

Commodities markets

C

Derivatives market

D

Insurance market

E

Call Money market

Question 2

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According to the World Bank, which country is the highest recipient of remittances?

A

China

B

Mexico

C

Philippines

D

India

E

Egypt

Question 3

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Of the five people listed below, four are Managing Directors and one is the Chairman of the State Bank of India (SBI) as of October 2018. Who among the five is the Chairman of SBI?

A

Rajnish Kumar

B

Arijit Basu

C

PK Gupta

D

Dinesh Kumar Khara

E

Anshula Kant