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-13
1. Which of the following is not a cognitive theory of motivation?
- Vroom’s Expectancy model
- Reinforcement Theory
- Self Determination Theory
- Cognitive Evaluation Theory
- None of these
2. Read the given passage and answer the questions that follow based on the information mentioned in it. For Siemens, people, like its technology and innovation, are a source of competitive advantage. To make the most of this advantage, Siemens makes sure that its employees work on developing the company’s heritage of innovation. Siemens believes that there are many ways to make people feel valued and engaged. These range from a pat on the back, a personal letter or a special mention in a meeting, to a promotion or a higher salary. HRD manager should have the qualities of a _______.
3. Read the given passage and answer the questions that follow based on the information mentioned in it. For Siemens, people, like its technology and innovation, are a source of competitive advantage. To make the most of this advantage, Siemens makes sure that its employees work on developing the company’s heritage of innovation. Siemens believes that there are many ways to make people feel valued and engaged. These range from a pat on the back, a personal letter or a special mention in a meeting, to a promotion or a higher salary. Which of the following is continuously influenced by environmental threats?
4. Read the given passage and answer the question(s) that follow. The price of a bond is Rs 950 with a face value of Rs 1000 which is the face value of many bonds. Assume that the annual coupons are Rs 100, which is a 10% coupon rate, and that there are 10 years remaining until maturity. Find the yield to maturity. Correct Answer: C. 10.76% Explanation: 5. Read the given passage and answer the question(s) that follow. The price of a bond is Rs 950 with a face value of Rs 1000 which is the face value of many bonds. Assume that the annual coupons are Rs 100, which is a 10% coupon rate, and that there are 10 years remaining until maturity. In the given data, if the YTM is given as 8 % (calculated semi-annually). Find the approximate present value of the stock. Correct Answers: D. 850 Explanation- 6. An annuity of Rs 500 is paid at the end of each month of the year 2022.Calculate the approximate present value of annuity as on January 1, 2022, considering the rate of interest being 12 %.
The part of the Siemens’ business strategy that relates to people management is referred to as People Excellence. At the heart of People Excellence is the building of a high-performance culture. Nothing helps an individual more than to be given responsibility and to know they are trusted. Almost without exception, people management theorists have shown that real motivation comes from within an individual. Individuals develop such motivation when they feel that their efforts are valued and that they are doing something worthwhile. This is why People Excellence at Siemens is so important. Feeling part of a successful team is part of the engagement process. Individuals who feel valued want to contribute to the success of the organization.
The part of the Siemens’ business strategy that relates to people management is referred to as People Excellence. At the heart of People Excellence is the building of a high-performance culture. Nothing helps an individual more than to be given responsibility and to know they are trusted. Almost without exception, people management theorists have shown that real motivation comes from within an individual. Individuals develop such motivation when they feel that their efforts are valued and that they are doing something worthwhile. This is why People Excellence at Siemens is so important. Feeling part of a successful team is part of the engagement process. Individuals who feel valued want to contribute to the success of the organization.
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7. Read the given passage and answer the questions that follow based on the information mentioned in it.
To keep costs down, many companies and managers turned to developing nations, where people are willing to work for low pay and no benefits.The poor, often unregulated working conditions of manual labor “Sweatshops” are common, especially in the garment industry. However, three recent accidents in Bangladesh are raising ethical questions about using this type of labor. In November 2012, a fire Tazreen Fashion factory that made low-cost garments for U.S. stores, including Wallmart, killed 112 workers. In April 2013, the collapse Rana Plaza, home to number of garment factories, killed more than 1100 workers and in May 2013, a fire at the Thung Hai Sweater Company killed 8 workers.An investigation of the Rana Plaza incident revealed that the building had been constructed without permits, using poor materials. Although, workers there reported seeing and hearing cracks in the structure of the building they were ordered back to work, because these individuals work in top-down management structures without participative management opportunities, and do not unions to represent them, their concerns were not heeded.
Who is the pioneer to develop theories of motivation?
- Victor Vroom
- Abraham. H. Maslow
- Porter and Lawler
- Mc Gregor
- J. Stacy Adams
8. Read the given passage and answer the questions that follow based on the information mentioned in it.
To keep costs down, many companies and managers turned to developing nations, where people are willing to work for low pay and no benefits. The poor, often unregulated working conditions of manual labor “Sweatshops” are common, especially in the garment industry. However, three recent accidents in Bangladesh are raising ethical questions about using this type of labor. In November 2012, a fire Tazreen Fashion factory that made low-cost garments for U.S. stores, including Wallmart, killed 112 workers. In April 2013, the collapse Rana Plaza, home to number of garment factories, killed more than 1100 workers and in May 2013, a fire at the Thung Hai Sweater Company killed 8 workers. An investigation of the Rana Plaza incident revealed that the building had been constructed without permits, using poor materials. Although, workers there reported seeing and hearing cracks in the structure of the building they were ordered back to work, because these individuals work in top-down management structures without participative management opportunities, and do not unions to represent them, their concerns were not heeded.
Which theory states the relationship between efforts, performance, rewards and satisfaction?
- Vroom’s expectancy theory
- Theory X and Theory
- Equity theory
- Reinforcement theory
- Self- efficacy theory
9. Read the given passage and answer the questions that follow. 10. Read the given passage and answer the question that follow based on the information mentioned in it. We already published “A Complete Book for RBI Grade B Finance & Management (FM) 2023”. You can Download this EBook through the below link-
A leading manufacturing company is looking for an employee with the below candidature:
Maintain thorough knowledge of the business, as well as an understanding of how that impacts the other entities of contact. Monitor, coordinate, and communicate strategic objectives of the business. Collaborate and communicate successfully with other entities outside of the business. Work with other staff members to develop a greater understanding of the business and any issues that arise. Develop and foster relationships with the community, stakeholders, and other entities. Collect, analyze, and utilize data and feedback to identify opportunities to improve the relationship between the business and the other entity. Compile reports about particular incidents, events, or updates about important issue for the business. Proactively solve conflicts and address issues that could occur between the business and the other entity. Promptly respond to incidents and other events as necessary. Act as a positive representation of the business to the community.
Which of the following role is the company looking for?
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An appraisal evaluates not only the employees‟ performance but also the potential for development. The primary objectives of an appraisal are to assess part performance, identify training needs, set and agree on future objectives and standard as well as to facilitate the achievement of these goals. Jon Clemens for example argued that the “purpose of reviews should be to drive better business results for the organization making sure that the daily efforts of employees directly contributes to both their team’s goals and the goals of the organization”,(Heskett 2007). McGregor’s Theory X postulates that the average person is lazy and has an inherent dislike for work. As a result of this people must be coerced, controlled, directed and threatened with punishment if the organization is to achieve its objectives. Naturally when people know that their performance is monitored and that their continued existence, promotion, pay rise, training and development are dependent on the results of their assessment, they would be motivated to work hard, (Mullins 2002).
Confidentiality turns out to be the biggest risk in which of the following appraisal of performance methods?
Finance and Management (FM) Quizzes For RBI Grade B 2023
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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
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