RBI Grade B Finance & Management Quiz for Phase II 2023
Finance and Management (FM) Questions with the answer. RBI Grade B Finance and Management Note PDF. RBI Grade B FM Study Material PDF. RBI Finance and Management (FM) Books, PDF, Previous Papers, Question Set, and study material. As we all know that RBI Grade B Notification 2023 is out. The Reserve Bank of India (RBI) conducted the RBI Grade B Phase I Exam for the post of Grade B (Grade ‘B’ (DR) – (General) & others). It’s the right time when you should start your RBI Grade B 2023 Phase II preparation at full pace.
If you are preparing for RBI Grade B 2023 (Phase II), you will come across a section on “Finance and Management (FM)” wherein 65 questions will be there carrying 50 marks. Here we are providing you with “Finance and Management (FM) Questions for RBI Grade B” with answers based on the latest pattern of your daily practice.
Finance and Management (FM) Questions For RBI Grade B | Set-19
1. Credit Default Swaps (CDS) are similar to that of an insurance policy in which of the following ways?
I. Insurance companies manage the risk by setting the loss reserves based on the law of large numbers
II. Insurance policy provides the protection against the actual losses suffered by the policy holder
III. The buyer of the CDS contract pays a premium and receives money if any event specified in the contract occurs.
IV. To cancel an insurance policy a buyer has to simply stop paying premium.
A. Both I and IV
B. Both I and II
C. Only I
D. Only III
E. Only IV
2. Read the following information carefully and answer the questions that follow. Barriers to communication are factors that block or significantly distort successful communication. Effective managerial communication skills helps overcome some, but not all, barriers to communication in organizations. Based on this, answer the following A.The less vertical levels in the organization’s hierarchy, the more opportunities for filtering B. The sender, in the communication process, generally resorts to selective perception. C. Extreme emotions and jubilation or depression are quite likely to hinder the effectiveness of communication D. Language is not a central element in communication E. None of the above
3. Read the following information carefully and answer the questions that follow. Barriers to communication are factors that block or significantly distort successful communication. Effective managerial communication skills helps overcome some, but not all, barriers to communication in organizations. Based on this, answer the following A. Projecting one’s own motives into others behavior B. The use of defense mechanism to avoid placing blame on oneself. C. The projection phenomenon operates to protect the ego from unpleasant communications. D. Individuals who have a particular fault will see the same fault in others, making their own fault seem not so serious. E. Managers who are motivated by money never assume their subordinates are also motivated by it.
4. Management has been described as a social process involving responsibility for economical and effective planning & regulation of operation of an enterprise in the fulfillment of given purposes. It is a dynamic process consisting of various elements and activities. These activities are different from operative functions like marketing, finance, purchase etc. Rather these activities are common to each and every manger irrespective of his level or status. Based on this, answer the following Which of the following is not the most widely accepted function of management as given by KOONTZ and O’DONNEL? A. Budgeting B. Planning C. Staffing D. Directing E. Controlling 5. Raja limited has the following ratios and information related to the year ended 31st march 2017. A. 10,60,000 & 51,40,000 B. 51,40,000 & 10,60,000 C. 10,80,000 & 52,40,000 D. 10,50,000 & 52,40,000 E. 11,80,000 & 52,60,000 Correct Answer: B. 51,40,000 & 10,60,000 Explanation: 6. In an HRD flow chart, the functions and features of HRD are listed. Based on the flow chart, answer the following questions. From the flow chart, the main focus of HRD is explained by: A. Only i B. Only ii C. Both i and ii D. Only iii E. Both i and iii
Given below are some of more prominent barriers to effective communication which every manager should be aware of. Which of the following is correctly explained?
Projection is often seen as a barrier to communication. Which of these statements does not support this fact?
A Complete Book for RBI Grade B Finance and Management (FM) 2023- 2000+ Questions with Detailed Answers
I. Sales Rs. 80,00000
II. Return on net worth 25%
III. Rate of income tax 50%
IV. Net Profit to sales ratio 6.25%
V. Cost of goods sold Rs.18,00,000
VI. Interest on Debentures Rs. 60000
You are required to calculate the
I. operating expenses
II. Profit before Interest and Tax for the year 31st march, 2017.
How to prepare for RBI Grade ‘B’ Officers Exam 2023 – Preparation Tips & Tricks
i. Process 1 with Elements 4, 5, 6, 7
ii. Process 2 with Elements 1, 2, 3
iii. Process 3
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7. In an HRD flow chart, the functions and features of HRD are listed. Based on the flow chart, answer the following questions.
Which among the following process will show generalized HRD processes?
i. Process 4 with element 8
ii. Process 3
iii. Process 5
iv. Process 6
v. Process 4 with element 9
vi. Process 4 with element 10
A. i, ii, iii, iv, v, vi
B. i, iii, iv, v, vi
C. ii, iii, iv, v
D. i, ii, iv, vi
E. A. i, ii, vi
8. Priority Sector refers to those sectors of the economy which may not get timely and adequate credit in the absence of this special dispensation. Priority Sector Lending is an important role given by the Reserve Bank of India (RBI) to the banks for providing a specified portion of the bank lending to few specific sectors like agriculture and allied activities, micro and small enterprises, poor people for housing, students for education and other low-income groups and weaker sections. This is essentially meant for an all-round development of the economy as opposed to focusing only on the financial sector.
Which of the following sector is recognised as Priority Sector by RBI?
I. Renewable Energy
II.Weaker Sections
III. Export credits
IV. Social Infrastructure
V. All of the above
A. I only
B. II only
C. III only
D. I and II
E. All of the above
9. Priority Sector refers to those sectors of the economy which may not get timely and adequate credit in the absence of this special dispensation. Priority Sector Lending is an important role given by the Reserve Bank of India (RBI) to the banks for providing a specified portion of the bank lending to few specific sectors like agriculture and allied activities, micro and small enterprises, poor people for housing, students for education and other low-income groups and weaker sections. This is essentially meant for an all-round development of the economy as opposed to focusing only on the financial sector. III. Scheduled Commercial Banks and Foreign Banks having 20 or more branches in India should provide 40% of Adjusted net bank credit to Priority Sector Lending A. I only B. II only C. III only D. I and II E. None of these 10. Read the following information carefully and answer the questions that follow. According to Arthur Bedeian, nine types of methods of control is adopted in organisations. The following is the list of the nine methods of control. A II, IV and VII B VI, VII and IX C II, III and IX D V, VI and IX E III, IV, VIII Correct Answer: A. II, IV and VII Explanation: We already published “A Complete Book for RBI Grade B Finance & Management (FM) 2023”. You can Download this EBook through the below link-
In reference to the Priority Sector Lending norms which of the following is not correct?
I. Education Loan uptoRs. 12 lac is recognised as Priority Sector Lending
II. Housing Loan uptoRs. 28 lac in metropolitan cities is recognised as Priority Sector Lending if the cost of the property is Rs. 35 lac.
Get Complete RBI Grade B 2023 Study Material – Previous Year Papers PDF, EBooks & Online Quizzes
I. Budgets
II. Group Control
III. Management Information System
IV. Self-Control
V. Project Controls
VI. Policies procedures rules
VII. Special Reports
VIII. External Audits
IX. Personal Observation
Which among the following option represents the Constant Control method category?
Finance and Management (FM) Quizzes For RBI Grade B 2023
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Set-19
Set-18
Set-17
Set-16
Set-15
Set-14
Set-13
Set-12
Set-11
Set-10
Set-9
Set-8
Set-7
Set-6
Set-5
Set-4
Set3
Set-2
Set-1
RBI Grade B 2023 – Important Links
