[1]Where are the headquarters of National Housing Bank?
A.
Lucknow
B.
Allahabad
C.
Mumbai
D.
New Delhi
Ans:
New Delhi
Explanation :
0
[2]NEFT and RTGS in banking terminology speak of
A.
Various deposit products
B.
Various loan products
C.
Electronic payment products within a bank
D.
Electronic fund transfer from bank to bank
Ans:
Electronic fund transfer from bank to bank
Explanation :
0
[3]A transfer of money from a migrant worker to their families or other individuals in their home countries is known as
A.
Inward Remittance
B.
Foreign Remittance
C.
Commercial banking
D.
Wholesale banking
Ans:
Foreign Remittance
Explanation :
0
[4]The process of converting physical certificates to electronic form is known as?
A.
Dematerialisation
B.
Rematerialisation
C.
Facilitating repurchase
D.
Electronic Settlement
Ans:
Dematerialisation
Explanation :
0
[5]Which committee has recommended introduction of smart card?
A.
Rangarajan committee
B.
Saraf committee
C.
Nayak committee
D.
Pannieselvam committee
Ans:
Saraf committee
Explanation :
0
[6]Devaluation of money means
A.
Decrease in the internal value of money
B.
Decrease in the external value of money
C.
Decrease in the internal and external value of money
D.
The government takes back currency notes of any denominations
Ans:
Decrease in the external value of money
Explanation :
0
[7]Which of the following is a Central Recordkeeping Agency For National Pension System?
A.
RBI
B.
FICCI
C.
ARCIL
D.
NSDL
Ans:
NSDL
Explanation :
0
[8]Which is the highest bank in the banking structure of India?
A.
SBI
B.
Central bank of India
C.
Industrial Development bank of India
D.
RBI
Ans:
RBI
Explanation :
0
[9]Identify the well known person related to Banking field in India from the following?
A.
Mrs. Meira Kumar
B.
Mrs. Kiran Shaw
C.
Mr. Arun Jaitley
D.
Dr. D subbarao
Ans:
Dr. D subbarao
Explanation :
0
[10]Real Time Gross Settlement System means a payment system in which
A.
both processing and final settlement of funds transfer instructions can take place continuously
B.
final transaction takes place at the end of the day
C.
final payment is physically effected within 24 hours
D.
final settlement of funds take place at 3 PM daily
Ans:
both processing and final settlement of funds transfer instructions can take place continuously
Explanation :
0
[11]The Indian Financial System Code (IFS Code) is an alphanumeric code that uniquely identifies a bank-branch baparticipating in the two main Electronic Funds Settlement Systems in India. IFSC code consists of how many alphanumeric codes?
A.
10
B.
11
C.
9
D.
12
Ans:
11
Explanation :
0
[12]Banking in India is controlled by:
A.
Reserve Bank of India
B.
Union Finance Commission
C.
Union Ministry of Finance
D.
Union Ministry of Commerce
Ans:
Reserve Bank of India
Explanation :
0
[13]ICICI was formed in
A.
1955
B.
1956
C.
1957
D.
1989
Ans:
1955
Explanation :
0
[14] Kerala-based NBFC Manappuram Finance will launch its own co-branded prepaid card in the tie-up with
A.
Canara Bank
B.
HDFC Bank
C.
Yes Bank
D.
ICICI Bank
Ans:
Yes Bank
Explanation :
0
[15]‗Trusted Family Bank – is the tagline of –
A.
Dena Bank
B.
Corporation Bank
C.
Central Bank of India
D.
Oriental Bank of Commerce
Ans:
Dena Bank
Explanation :
0
[16]On the basis of which commission was RBI established?
A.
Hilton Young Commission
B.
British Commission
C.
Federal Commission
D.
Federation Commission
Ans:
Hilton Young Commission
Explanation :
0
[17]The banking company has restriction to sanction loan to
A.
Staff working in the bank
B.
Directors of the bank
C.
Students going abroad
D.
Professionals
Ans:
Directors of the bank
Explanation :
0
[18]SIDBI stands for
A.
Specially Industries Development Bank of India
B.
Sound Industries Development Bank of India
C.
Small Industries Development Bank of India
D.
None of these
Ans:
Small Industries Development Bank of India
Explanation :
0
[19]What does FCCB stand for?
A.
Foreign Currency Convertible Bond
B.
France Currency Convertible Bond
C.
Freight Currency Convertible Bond
D.
All of these
Ans:
Foreign Currency Convertible Bond
Explanation :
0
[20]The custodian of FOREX Reserve of GOI is
A.
IRDA
B.
SEBI
C.
RBI
D.
PFRDA
Ans:
RBI
Explanation :
0
[21]A current or a saving bank account with a bank will be classified as an inactive account‖ if the account holder has not done any transactions through it for more than
A.
3 months
B.
6 months
C.
9 months
D.
12 months
Ans:
12 months
Explanation :
0
[22]How many Deputy Governors are there in RBI?
A.
2
B.
4
C.
5
D.
10
Ans:
4
Explanation :
0
[23]What do you mean by ‗Money Laundering?
A.
Washing the currency notes in a good laundery
B.
Converting money obtained through illegal sources in to legal money
C.
Keeping the money in currency chests
D.
Sending excess cash to other branch
Ans:
Converting money obtained through illegal sources in to legal money
Explanation :
0
[24]The promoters of Local Area Banks may comprise
A.
individuals
B.
corporate entities
C.
trusts and societies
D.
all of the above
Ans:
all of the above
Explanation :
0
[25]The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
A.
Cash reserves
B.
Deposit reserves
C.
Excess reserves
D.
Momentary reserves
Ans:
Excess reserves
Explanation :
0
Explanation :
0
[2]NEFT and RTGS in banking terminology speak of
A.
Various deposit products
B.
Various loan products
C.
Electronic payment products within a bank
D.
Electronic fund transfer from bank to bank
Ans:
Electronic fund transfer from bank to bank
Explanation :
0
[3]A transfer of money from a migrant worker to their families or other individuals in their home countries is known as
A.
Inward Remittance
B.
Foreign Remittance
C.
Commercial banking
D.
Wholesale banking
Ans:
Foreign Remittance
Explanation :
0
[4]The process of converting physical certificates to electronic form is known as?
A.
Dematerialisation
B.
Rematerialisation
C.
Facilitating repurchase
D.
Electronic Settlement
Ans:
Dematerialisation
Explanation :
0
[5]Which committee has recommended introduction of smart card?
A.
Rangarajan committee
B.
Saraf committee
C.
Nayak committee
D.
Pannieselvam committee
Ans:
Saraf committee
Explanation :
0
[6]Devaluation of money means
A.
Decrease in the internal value of money
B.
Decrease in the external value of money
C.
Decrease in the internal and external value of money
D.
The government takes back currency notes of any denominations
Ans:
Decrease in the external value of money
Explanation :
0
[7]Which of the following is a Central Recordkeeping Agency For National Pension System?
A.
RBI
B.
FICCI
C.
ARCIL
D.
NSDL
Ans:
NSDL
Explanation :
0
[8]Which is the highest bank in the banking structure of India?
A.
SBI
B.
Central bank of India
C.
Industrial Development bank of India
D.
RBI
Ans:
RBI
Explanation :
0
[9]Identify the well known person related to Banking field in India from the following?
A.
Mrs. Meira Kumar
B.
Mrs. Kiran Shaw
C.
Mr. Arun Jaitley
D.
Dr. D subbarao
Ans:
Dr. D subbarao
Explanation :
0
[10]Real Time Gross Settlement System means a payment system in which
A.
both processing and final settlement of funds transfer instructions can take place continuously
B.
final transaction takes place at the end of the day
C.
final payment is physically effected within 24 hours
D.
final settlement of funds take place at 3 PM daily
Ans:
both processing and final settlement of funds transfer instructions can take place continuously
Explanation :
0
[11]The Indian Financial System Code (IFS Code) is an alphanumeric code that uniquely identifies a bank-branch baparticipating in the two main Electronic Funds Settlement Systems in India. IFSC code consists of how many alphanumeric codes?
A.
10
B.
11
C.
9
D.
12
Ans:
11
Explanation :
0
[12]Banking in India is controlled by:
A.
Reserve Bank of India
B.
Union Finance Commission
C.
Union Ministry of Finance
D.
Union Ministry of Commerce
Ans:
Reserve Bank of India
Explanation :
0
[13]ICICI was formed in
A.
1955
B.
1956
C.
1957
D.
1989
Ans:
1955
Explanation :
0
[14] Kerala-based NBFC Manappuram Finance will launch its own co-branded prepaid card in the tie-up with
A.
Canara Bank
B.
HDFC Bank
C.
Yes Bank
D.
ICICI Bank
Ans:
Yes Bank
Explanation :
0
[15]‗Trusted Family Bank – is the tagline of –
A.
Dena Bank
B.
Corporation Bank
C.
Central Bank of India
D.
Oriental Bank of Commerce
Ans:
Dena Bank
Explanation :
0
[16]On the basis of which commission was RBI established?
A.
Hilton Young Commission
B.
British Commission
C.
Federal Commission
D.
Federation Commission
Ans:
Hilton Young Commission
Explanation :
0
[17]The banking company has restriction to sanction loan to
A.
Staff working in the bank
B.
Directors of the bank
C.
Students going abroad
D.
Professionals
Ans:
Directors of the bank
Explanation :
0
[18]SIDBI stands for
A.
Specially Industries Development Bank of India
B.
Sound Industries Development Bank of India
C.
Small Industries Development Bank of India
D.
None of these
Ans:
Small Industries Development Bank of India
Explanation :
0
[19]What does FCCB stand for?
A.
Foreign Currency Convertible Bond
B.
France Currency Convertible Bond
C.
Freight Currency Convertible Bond
D.
All of these
Ans:
Foreign Currency Convertible Bond
Explanation :
0
[20]The custodian of FOREX Reserve of GOI is
A.
IRDA
B.
SEBI
C.
RBI
D.
PFRDA
Ans:
RBI
Explanation :
0
[21]A current or a saving bank account with a bank will be classified as an inactive account‖ if the account holder has not done any transactions through it for more than
A.
3 months
B.
6 months
C.
9 months
D.
12 months
Ans:
12 months
Explanation :
0
[22]How many Deputy Governors are there in RBI?
A.
2
B.
4
C.
5
D.
10
Ans:
4
Explanation :
0
[23]What do you mean by ‗Money Laundering?
A.
Washing the currency notes in a good laundery
B.
Converting money obtained through illegal sources in to legal money
C.
Keeping the money in currency chests
D.
Sending excess cash to other branch
Ans:
Converting money obtained through illegal sources in to legal money
Explanation :
0
[24]The promoters of Local Area Banks may comprise
A.
individuals
B.
corporate entities
C.
trusts and societies
D.
all of the above
Ans:
all of the above
Explanation :
0
[25]The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
A.
Cash reserves
B.
Deposit reserves
C.
Excess reserves
D.
Momentary reserves
Ans:
Excess reserves
Explanation :
0
Explanation :
0
[4]The process of converting physical certificates to electronic form is known as?
A.
Dematerialisation
B.
Rematerialisation
C.
Facilitating repurchase
D.
Electronic Settlement
Ans:
Dematerialisation
Explanation :
0
[5]Which committee has recommended introduction of smart card?
A.
Rangarajan committee
B.
Saraf committee
C.
Nayak committee
D.
Pannieselvam committee
Ans:
Saraf committee
Explanation :
0
[6]Devaluation of money means
A.
Decrease in the internal value of money
B.
Decrease in the external value of money
C.
Decrease in the internal and external value of money
D.
The government takes back currency notes of any denominations
Ans:
Decrease in the external value of money
Explanation :
0
[7]Which of the following is a Central Recordkeeping Agency For National Pension System?
A.
RBI
B.
FICCI
C.
ARCIL
D.
NSDL
Ans:
NSDL
Explanation :
0
[8]Which is the highest bank in the banking structure of India?
A.
SBI
B.
Central bank of India
C.
Industrial Development bank of India
D.
RBI
Ans:
RBI
Explanation :
0
[9]Identify the well known person related to Banking field in India from the following?
A.
Mrs. Meira Kumar
B.
Mrs. Kiran Shaw
C.
Mr. Arun Jaitley
D.
Dr. D subbarao
Ans:
Dr. D subbarao
Explanation :
0
[10]Real Time Gross Settlement System means a payment system in which
A.
both processing and final settlement of funds transfer instructions can take place continuously
B.
final transaction takes place at the end of the day
C.
final payment is physically effected within 24 hours
D.
final settlement of funds take place at 3 PM daily
Ans:
both processing and final settlement of funds transfer instructions can take place continuously
Explanation :
0
[11]The Indian Financial System Code (IFS Code) is an alphanumeric code that uniquely identifies a bank-branch baparticipating in the two main Electronic Funds Settlement Systems in India. IFSC code consists of how many alphanumeric codes?
A.
10
B.
11
C.
9
D.
12
Ans:
11
Explanation :
0
[12]Banking in India is controlled by:
A.
Reserve Bank of India
B.
Union Finance Commission
C.
Union Ministry of Finance
D.
Union Ministry of Commerce
Ans:
Reserve Bank of India
Explanation :
0
[13]ICICI was formed in
A.
1955
B.
1956
C.
1957
D.
1989
Ans:
1955
Explanation :
0
[14] Kerala-based NBFC Manappuram Finance will launch its own co-branded prepaid card in the tie-up with
A.
Canara Bank
B.
HDFC Bank
C.
Yes Bank
D.
ICICI Bank
Ans:
Yes Bank
Explanation :
0
[15]‗Trusted Family Bank – is the tagline of –
A.
Dena Bank
B.
Corporation Bank
C.
Central Bank of India
D.
Oriental Bank of Commerce
Ans:
Dena Bank
Explanation :
0
[16]On the basis of which commission was RBI established?
A.
Hilton Young Commission
B.
British Commission
C.
Federal Commission
D.
Federation Commission
Ans:
Hilton Young Commission
Explanation :
0
[17]The banking company has restriction to sanction loan to
A.
Staff working in the bank
B.
Directors of the bank
C.
Students going abroad
D.
Professionals
Ans:
Directors of the bank
Explanation :
0
[18]SIDBI stands for
A.
Specially Industries Development Bank of India
B.
Sound Industries Development Bank of India
C.
Small Industries Development Bank of India
D.
None of these
Ans:
Small Industries Development Bank of India
Explanation :
0
[19]What does FCCB stand for?
A.
Foreign Currency Convertible Bond
B.
France Currency Convertible Bond
C.
Freight Currency Convertible Bond
D.
All of these
Ans:
Foreign Currency Convertible Bond
Explanation :
0
[20]The custodian of FOREX Reserve of GOI is
A.
IRDA
B.
SEBI
C.
RBI
D.
PFRDA
Ans:
RBI
Explanation :
0
[21]A current or a saving bank account with a bank will be classified as an inactive account‖ if the account holder has not done any transactions through it for more than
A.
3 months
B.
6 months
C.
9 months
D.
12 months
Ans:
12 months
Explanation :
0
[22]How many Deputy Governors are there in RBI?
A.
2
B.
4
C.
5
D.
10
Ans:
4
Explanation :
0
[23]What do you mean by ‗Money Laundering?
A.
Washing the currency notes in a good laundery
B.
Converting money obtained through illegal sources in to legal money
C.
Keeping the money in currency chests
D.
Sending excess cash to other branch
Ans:
Converting money obtained through illegal sources in to legal money
Explanation :
0
[24]The promoters of Local Area Banks may comprise
A.
individuals
B.
corporate entities
C.
trusts and societies
D.
all of the above
Ans:
all of the above
Explanation :
0
[25]The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
A.
Cash reserves
B.
Deposit reserves
C.
Excess reserves
D.
Momentary reserves
Ans:
Excess reserves
Explanation :
0
Explanation :
0
[6]Devaluation of money means
A.
Decrease in the internal value of money
B.
Decrease in the external value of money
C.
Decrease in the internal and external value of money
D.
The government takes back currency notes of any denominations
Ans:
Decrease in the external value of money
Explanation :
0
[7]Which of the following is a Central Recordkeeping Agency For National Pension System?
A.
RBI
B.
FICCI
C.
ARCIL
D.
NSDL
Ans:
NSDL
Explanation :
0
[8]Which is the highest bank in the banking structure of India?
A.
SBI
B.
Central bank of India
C.
Industrial Development bank of India
D.
RBI
Ans:
RBI
Explanation :
0
[9]Identify the well known person related to Banking field in India from the following?
A.
Mrs. Meira Kumar
B.
Mrs. Kiran Shaw
C.
Mr. Arun Jaitley
D.
Dr. D subbarao
Ans:
Dr. D subbarao
Explanation :
0
[10]Real Time Gross Settlement System means a payment system in which
A.
both processing and final settlement of funds transfer instructions can take place continuously
B.
final transaction takes place at the end of the day
C.
final payment is physically effected within 24 hours
D.
final settlement of funds take place at 3 PM daily
Ans:
both processing and final settlement of funds transfer instructions can take place continuously
Explanation :
0
[11]The Indian Financial System Code (IFS Code) is an alphanumeric code that uniquely identifies a bank-branch baparticipating in the two main Electronic Funds Settlement Systems in India. IFSC code consists of how many alphanumeric codes?
A.
10
B.
11
C.
9
D.
12
Ans:
11
Explanation :
0
[12]Banking in India is controlled by:
A.
Reserve Bank of India
B.
Union Finance Commission
C.
Union Ministry of Finance
D.
Union Ministry of Commerce
Ans:
Reserve Bank of India
Explanation :
0
[13]ICICI was formed in
A.
1955
B.
1956
C.
1957
D.
1989
Ans:
1955
Explanation :
0
[14] Kerala-based NBFC Manappuram Finance will launch its own co-branded prepaid card in the tie-up with
A.
Canara Bank
B.
HDFC Bank
C.
Yes Bank
D.
ICICI Bank
Ans:
Yes Bank
Explanation :
0
[15]‗Trusted Family Bank – is the tagline of –
A.
Dena Bank
B.
Corporation Bank
C.
Central Bank of India
D.
Oriental Bank of Commerce
Ans:
Dena Bank
Explanation :
0
[16]On the basis of which commission was RBI established?
A.
Hilton Young Commission
B.
British Commission
C.
Federal Commission
D.
Federation Commission
Ans:
Hilton Young Commission
Explanation :
0
[17]The banking company has restriction to sanction loan to
A.
Staff working in the bank
B.
Directors of the bank
C.
Students going abroad
D.
Professionals
Ans:
Directors of the bank
Explanation :
0
[18]SIDBI stands for
A.
Specially Industries Development Bank of India
B.
Sound Industries Development Bank of India
C.
Small Industries Development Bank of India
D.
None of these
Ans:
Small Industries Development Bank of India
Explanation :
0
[19]What does FCCB stand for?
A.
Foreign Currency Convertible Bond
B.
France Currency Convertible Bond
C.
Freight Currency Convertible Bond
D.
All of these
Ans:
Foreign Currency Convertible Bond
Explanation :
0
[20]The custodian of FOREX Reserve of GOI is
A.
IRDA
B.
SEBI
C.
RBI
D.
PFRDA
Ans:
RBI
Explanation :
0
[21]A current or a saving bank account with a bank will be classified as an inactive account‖ if the account holder has not done any transactions through it for more than
A.
3 months
B.
6 months
C.
9 months
D.
12 months
Ans:
12 months
Explanation :
0
[22]How many Deputy Governors are there in RBI?
A.
2
B.
4
C.
5
D.
10
Ans:
4
Explanation :
0
[23]What do you mean by ‗Money Laundering?
A.
Washing the currency notes in a good laundery
B.
Converting money obtained through illegal sources in to legal money
C.
Keeping the money in currency chests
D.
Sending excess cash to other branch
Ans:
Converting money obtained through illegal sources in to legal money
Explanation :
0
[24]The promoters of Local Area Banks may comprise
A.
individuals
B.
corporate entities
C.
trusts and societies
D.
all of the above
Ans:
all of the above
Explanation :
0
[25]The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
A.
Cash reserves
B.
Deposit reserves
C.
Excess reserves
D.
Momentary reserves
Ans:
Excess reserves
Explanation :
0
Explanation :
0
[8]Which is the highest bank in the banking structure of India?
A.
SBI
B.
Central bank of India
C.
Industrial Development bank of India
D.
RBI
Ans:
RBI
Explanation :
0
[9]Identify the well known person related to Banking field in India from the following?
A.
Mrs. Meira Kumar
B.
Mrs. Kiran Shaw
C.
Mr. Arun Jaitley
D.
Dr. D subbarao
Ans:
Dr. D subbarao
Explanation :
0
[10]Real Time Gross Settlement System means a payment system in which
A.
both processing and final settlement of funds transfer instructions can take place continuously
B.
final transaction takes place at the end of the day
C.
final payment is physically effected within 24 hours
D.
final settlement of funds take place at 3 PM daily
Ans:
both processing and final settlement of funds transfer instructions can take place continuously
Explanation :
0
[11]The Indian Financial System Code (IFS Code) is an alphanumeric code that uniquely identifies a bank-branch baparticipating in the two main Electronic Funds Settlement Systems in India. IFSC code consists of how many alphanumeric codes?
A.
10
B.
11
C.
9
D.
12
Ans:
11
Explanation :
0
[12]Banking in India is controlled by:
A.
Reserve Bank of India
B.
Union Finance Commission
C.
Union Ministry of Finance
D.
Union Ministry of Commerce
Ans:
Reserve Bank of India
Explanation :
0
[13]ICICI was formed in
A.
1955
B.
1956
C.
1957
D.
1989
Ans:
1955
Explanation :
0
[14] Kerala-based NBFC Manappuram Finance will launch its own co-branded prepaid card in the tie-up with
A.
Canara Bank
B.
HDFC Bank
C.
Yes Bank
D.
ICICI Bank
Ans:
Yes Bank
Explanation :
0
[15]‗Trusted Family Bank – is the tagline of –
A.
Dena Bank
B.
Corporation Bank
C.
Central Bank of India
D.
Oriental Bank of Commerce
Ans:
Dena Bank
Explanation :
0
[16]On the basis of which commission was RBI established?
A.
Hilton Young Commission
B.
British Commission
C.
Federal Commission
D.
Federation Commission
Ans:
Hilton Young Commission
Explanation :
0
[17]The banking company has restriction to sanction loan to
A.
Staff working in the bank
B.
Directors of the bank
C.
Students going abroad
D.
Professionals
Ans:
Directors of the bank
Explanation :
0
[18]SIDBI stands for
A.
Specially Industries Development Bank of India
B.
Sound Industries Development Bank of India
C.
Small Industries Development Bank of India
D.
None of these
Ans:
Small Industries Development Bank of India
Explanation :
0
[19]What does FCCB stand for?
A.
Foreign Currency Convertible Bond
B.
France Currency Convertible Bond
C.
Freight Currency Convertible Bond
D.
All of these
Ans:
Foreign Currency Convertible Bond
Explanation :
0
[20]The custodian of FOREX Reserve of GOI is
A.
IRDA
B.
SEBI
C.
RBI
D.
PFRDA
Ans:
RBI
Explanation :
0
[21]A current or a saving bank account with a bank will be classified as an inactive account‖ if the account holder has not done any transactions through it for more than
A.
3 months
B.
6 months
C.
9 months
D.
12 months
Ans:
12 months
Explanation :
0
[22]How many Deputy Governors are there in RBI?
A.
2
B.
4
C.
5
D.
10
Ans:
4
Explanation :
0
[23]What do you mean by ‗Money Laundering?
A.
Washing the currency notes in a good laundery
B.
Converting money obtained through illegal sources in to legal money
C.
Keeping the money in currency chests
D.
Sending excess cash to other branch
Ans:
Converting money obtained through illegal sources in to legal money
Explanation :
0
[24]The promoters of Local Area Banks may comprise
A.
individuals
B.
corporate entities
C.
trusts and societies
D.
all of the above
Ans:
all of the above
Explanation :
0
[25]The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
A.
Cash reserves
B.
Deposit reserves
C.
Excess reserves
D.
Momentary reserves
Ans:
Excess reserves
Explanation :
0
Explanation :
0
[10]Real Time Gross Settlement System means a payment system in which
A.
both processing and final settlement of funds transfer instructions can take place continuously
B.
final transaction takes place at the end of the day
C.
final payment is physically effected within 24 hours
D.
final settlement of funds take place at 3 PM daily
Ans:
both processing and final settlement of funds transfer instructions can take place continuously
Explanation :
0
[11]The Indian Financial System Code (IFS Code) is an alphanumeric code that uniquely identifies a bank-branch baparticipating in the two main Electronic Funds Settlement Systems in India. IFSC code consists of how many alphanumeric codes?
A.
10
B.
11
C.
9
D.
12
Ans:
11
Explanation :
0
[12]Banking in India is controlled by:
A.
Reserve Bank of India
B.
Union Finance Commission
C.
Union Ministry of Finance
D.
Union Ministry of Commerce
Ans:
Reserve Bank of India
Explanation :
0
[13]ICICI was formed in
A.
1955
B.
1956
C.
1957
D.
1989
Ans:
1955
Explanation :
0
[14] Kerala-based NBFC Manappuram Finance will launch its own co-branded prepaid card in the tie-up with
A.
Canara Bank
B.
HDFC Bank
C.
Yes Bank
D.
ICICI Bank
Ans:
Yes Bank
Explanation :
0
[15]‗Trusted Family Bank – is the tagline of –
A.
Dena Bank
B.
Corporation Bank
C.
Central Bank of India
D.
Oriental Bank of Commerce
Ans:
Dena Bank
Explanation :
0
[16]On the basis of which commission was RBI established?
A.
Hilton Young Commission
B.
British Commission
C.
Federal Commission
D.
Federation Commission
Ans:
Hilton Young Commission
Explanation :
0
[17]The banking company has restriction to sanction loan to
A.
Staff working in the bank
B.
Directors of the bank
C.
Students going abroad
D.
Professionals
Ans:
Directors of the bank
Explanation :
0
[18]SIDBI stands for
A.
Specially Industries Development Bank of India
B.
Sound Industries Development Bank of India
C.
Small Industries Development Bank of India
D.
None of these
Ans:
Small Industries Development Bank of India
Explanation :
0
[19]What does FCCB stand for?
A.
Foreign Currency Convertible Bond
B.
France Currency Convertible Bond
C.
Freight Currency Convertible Bond
D.
All of these
Ans:
Foreign Currency Convertible Bond
Explanation :
0
[20]The custodian of FOREX Reserve of GOI is
A.
IRDA
B.
SEBI
C.
RBI
D.
PFRDA
Ans:
RBI
Explanation :
0
[21]A current or a saving bank account with a bank will be classified as an inactive account‖ if the account holder has not done any transactions through it for more than
A.
3 months
B.
6 months
C.
9 months
D.
12 months
Ans:
12 months
Explanation :
0
[22]How many Deputy Governors are there in RBI?
A.
2
B.
4
C.
5
D.
10
Ans:
4
Explanation :
0
[23]What do you mean by ‗Money Laundering?
A.
Washing the currency notes in a good laundery
B.
Converting money obtained through illegal sources in to legal money
C.
Keeping the money in currency chests
D.
Sending excess cash to other branch
Ans:
Converting money obtained through illegal sources in to legal money
Explanation :
0
[24]The promoters of Local Area Banks may comprise
A.
individuals
B.
corporate entities
C.
trusts and societies
D.
all of the above
Ans:
all of the above
Explanation :
0
[25]The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
A.
Cash reserves
B.
Deposit reserves
C.
Excess reserves
D.
Momentary reserves
Ans:
Excess reserves
Explanation :
0
Explanation :
0
[12]Banking in India is controlled by:
A.
Reserve Bank of India
B.
Union Finance Commission
C.
Union Ministry of Finance
D.
Union Ministry of Commerce
Ans:
Reserve Bank of India
Explanation :
0
[13]ICICI was formed in
A.
1955
B.
1956
C.
1957
D.
1989
Ans:
1955
Explanation :
0
[14] Kerala-based NBFC Manappuram Finance will launch its own co-branded prepaid card in the tie-up with
A.
Canara Bank
B.
HDFC Bank
C.
Yes Bank
D.
ICICI Bank
Ans:
Yes Bank
Explanation :
0
[15]‗Trusted Family Bank – is the tagline of –
A.
Dena Bank
B.
Corporation Bank
C.
Central Bank of India
D.
Oriental Bank of Commerce
Ans:
Dena Bank
Explanation :
0
[16]On the basis of which commission was RBI established?
A.
Hilton Young Commission
B.
British Commission
C.
Federal Commission
D.
Federation Commission
Ans:
Hilton Young Commission
Explanation :
0
[17]The banking company has restriction to sanction loan to
A.
Staff working in the bank
B.
Directors of the bank
C.
Students going abroad
D.
Professionals
Ans:
Directors of the bank
Explanation :
0
[18]SIDBI stands for
A.
Specially Industries Development Bank of India
B.
Sound Industries Development Bank of India
C.
Small Industries Development Bank of India
D.
None of these
Ans:
Small Industries Development Bank of India
Explanation :
0
[19]What does FCCB stand for?
A.
Foreign Currency Convertible Bond
B.
France Currency Convertible Bond
C.
Freight Currency Convertible Bond
D.
All of these
Ans:
Foreign Currency Convertible Bond
Explanation :
0
[20]The custodian of FOREX Reserve of GOI is
A.
IRDA
B.
SEBI
C.
RBI
D.
PFRDA
Ans:
RBI
Explanation :
0
[21]A current or a saving bank account with a bank will be classified as an inactive account‖ if the account holder has not done any transactions through it for more than
A.
3 months
B.
6 months
C.
9 months
D.
12 months
Ans:
12 months
Explanation :
0
[22]How many Deputy Governors are there in RBI?
A.
2
B.
4
C.
5
D.
10
Ans:
4
Explanation :
0
[23]What do you mean by ‗Money Laundering?
A.
Washing the currency notes in a good laundery
B.
Converting money obtained through illegal sources in to legal money
C.
Keeping the money in currency chests
D.
Sending excess cash to other branch
Ans:
Converting money obtained through illegal sources in to legal money
Explanation :
0
[24]The promoters of Local Area Banks may comprise
A.
individuals
B.
corporate entities
C.
trusts and societies
D.
all of the above
Ans:
all of the above
Explanation :
0
[25]The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
A.
Cash reserves
B.
Deposit reserves
C.
Excess reserves
D.
Momentary reserves
Ans:
Excess reserves
Explanation :
0
Explanation :
0
[14] Kerala-based NBFC Manappuram Finance will launch its own co-branded prepaid card in the tie-up with
A.
Canara Bank
B.
HDFC Bank
C.
Yes Bank
D.
ICICI Bank
Ans:
Yes Bank
Explanation :
0
[15]‗Trusted Family Bank – is the tagline of –
A.
Dena Bank
B.
Corporation Bank
C.
Central Bank of India
D.
Oriental Bank of Commerce
Ans:
Dena Bank
Explanation :
0
[16]On the basis of which commission was RBI established?
A.
Hilton Young Commission
B.
British Commission
C.
Federal Commission
D.
Federation Commission
Ans:
Hilton Young Commission
Explanation :
0
[17]The banking company has restriction to sanction loan to
A.
Staff working in the bank
B.
Directors of the bank
C.
Students going abroad
D.
Professionals
Ans:
Directors of the bank
Explanation :
0
[18]SIDBI stands for
A.
Specially Industries Development Bank of India
B.
Sound Industries Development Bank of India
C.
Small Industries Development Bank of India
D.
None of these
Ans:
Small Industries Development Bank of India
Explanation :
0
[19]What does FCCB stand for?
A.
Foreign Currency Convertible Bond
B.
France Currency Convertible Bond
C.
Freight Currency Convertible Bond
D.
All of these
Ans:
Foreign Currency Convertible Bond
Explanation :
0
[20]The custodian of FOREX Reserve of GOI is
A.
IRDA
B.
SEBI
C.
RBI
D.
PFRDA
Ans:
RBI
Explanation :
0
[21]A current or a saving bank account with a bank will be classified as an inactive account‖ if the account holder has not done any transactions through it for more than
A.
3 months
B.
6 months
C.
9 months
D.
12 months
Ans:
12 months
Explanation :
0
[22]How many Deputy Governors are there in RBI?
A.
2
B.
4
C.
5
D.
10
Ans:
4
Explanation :
0
[23]What do you mean by ‗Money Laundering?
A.
Washing the currency notes in a good laundery
B.
Converting money obtained through illegal sources in to legal money
C.
Keeping the money in currency chests
D.
Sending excess cash to other branch
Ans:
Converting money obtained through illegal sources in to legal money
Explanation :
0
[24]The promoters of Local Area Banks may comprise
A.
individuals
B.
corporate entities
C.
trusts and societies
D.
all of the above
Ans:
all of the above
Explanation :
0
[25]The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
A.
Cash reserves
B.
Deposit reserves
C.
Excess reserves
D.
Momentary reserves
Ans:
Excess reserves
Explanation :
0
Explanation :
0
[16]On the basis of which commission was RBI established?
A.
Hilton Young Commission
B.
British Commission
C.
Federal Commission
D.
Federation Commission
Ans:
Hilton Young Commission
Explanation :
0
[17]The banking company has restriction to sanction loan to
A.
Staff working in the bank
B.
Directors of the bank
C.
Students going abroad
D.
Professionals
Ans:
Directors of the bank
Explanation :
0
[18]SIDBI stands for
A.
Specially Industries Development Bank of India
B.
Sound Industries Development Bank of India
C.
Small Industries Development Bank of India
D.
None of these
Ans:
Small Industries Development Bank of India
Explanation :
0
[19]What does FCCB stand for?
A.
Foreign Currency Convertible Bond
B.
France Currency Convertible Bond
C.
Freight Currency Convertible Bond
D.
All of these
Ans:
Foreign Currency Convertible Bond
Explanation :
0
[20]The custodian of FOREX Reserve of GOI is
A.
IRDA
B.
SEBI
C.
RBI
D.
PFRDA
Ans:
RBI
Explanation :
0
[21]A current or a saving bank account with a bank will be classified as an inactive account‖ if the account holder has not done any transactions through it for more than
A.
3 months
B.
6 months
C.
9 months
D.
12 months
Ans:
12 months
Explanation :
0
[22]How many Deputy Governors are there in RBI?
A.
2
B.
4
C.
5
D.
10
Ans:
4
Explanation :
0
[23]What do you mean by ‗Money Laundering?
A.
Washing the currency notes in a good laundery
B.
Converting money obtained through illegal sources in to legal money
C.
Keeping the money in currency chests
D.
Sending excess cash to other branch
Ans:
Converting money obtained through illegal sources in to legal money
Explanation :
0
[24]The promoters of Local Area Banks may comprise
A.
individuals
B.
corporate entities
C.
trusts and societies
D.
all of the above
Ans:
all of the above
Explanation :
0
[25]The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
A.
Cash reserves
B.
Deposit reserves
C.
Excess reserves
D.
Momentary reserves
Ans:
Excess reserves
Explanation :
0
Explanation :
0
[18]SIDBI stands for
A.
Specially Industries Development Bank of India
B.
Sound Industries Development Bank of India
C.
Small Industries Development Bank of India
D.
None of these
Ans:
Small Industries Development Bank of India
Explanation :
0
[19]What does FCCB stand for?
A.
Foreign Currency Convertible Bond
B.
France Currency Convertible Bond
C.
Freight Currency Convertible Bond
D.
All of these
Ans:
Foreign Currency Convertible Bond
Explanation :
0
[20]The custodian of FOREX Reserve of GOI is
A.
IRDA
B.
SEBI
C.
RBI
D.
PFRDA
Ans:
RBI
Explanation :
0
[21]A current or a saving bank account with a bank will be classified as an inactive account‖ if the account holder has not done any transactions through it for more than
A.
3 months
B.
6 months
C.
9 months
D.
12 months
Ans:
12 months
Explanation :
0
[22]How many Deputy Governors are there in RBI?
A.
2
B.
4
C.
5
D.
10
Ans:
4
Explanation :
0
[23]What do you mean by ‗Money Laundering?
A.
Washing the currency notes in a good laundery
B.
Converting money obtained through illegal sources in to legal money
C.
Keeping the money in currency chests
D.
Sending excess cash to other branch
Ans:
Converting money obtained through illegal sources in to legal money
Explanation :
0
[24]The promoters of Local Area Banks may comprise
A.
individuals
B.
corporate entities
C.
trusts and societies
D.
all of the above
Ans:
all of the above
Explanation :
0
[25]The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
A.
Cash reserves
B.
Deposit reserves
C.
Excess reserves
D.
Momentary reserves
Ans:
Excess reserves
Explanation :
0
Explanation :
0
[20]The custodian of FOREX Reserve of GOI is
A.
IRDA
B.
SEBI
C.
RBI
D.
PFRDA
Ans:
RBI
Explanation :
0
[21]A current or a saving bank account with a bank will be classified as an inactive account‖ if the account holder has not done any transactions through it for more than
A.
3 months
B.
6 months
C.
9 months
D.
12 months
Ans:
12 months
Explanation :
0
[22]How many Deputy Governors are there in RBI?
A.
2
B.
4
C.
5
D.
10
Ans:
4
Explanation :
0
[23]What do you mean by ‗Money Laundering?
A.
Washing the currency notes in a good laundery
B.
Converting money obtained through illegal sources in to legal money
C.
Keeping the money in currency chests
D.
Sending excess cash to other branch
Ans:
Converting money obtained through illegal sources in to legal money
Explanation :
0
[24]The promoters of Local Area Banks may comprise
A.
individuals
B.
corporate entities
C.
trusts and societies
D.
all of the above
Ans:
all of the above
Explanation :
0
[25]The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
A.
Cash reserves
B.
Deposit reserves
C.
Excess reserves
D.
Momentary reserves
Ans:
Excess reserves
Explanation :
0
Explanation :
0
[22]How many Deputy Governors are there in RBI?
A.
2
B.
4
C.
5
D.
10
Ans:
4
Explanation :
0
[23]What do you mean by ‗Money Laundering?
A.
Washing the currency notes in a good laundery
B.
Converting money obtained through illegal sources in to legal money
C.
Keeping the money in currency chests
D.
Sending excess cash to other branch
Ans:
Converting money obtained through illegal sources in to legal money
Explanation :
0
[24]The promoters of Local Area Banks may comprise
A.
individuals
B.
corporate entities
C.
trusts and societies
D.
all of the above
Ans:
all of the above
Explanation :
0
[25]The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
A.
Cash reserves
B.
Deposit reserves
C.
Excess reserves
D.
Momentary reserves
Ans:
Excess reserves
Explanation :
0
Explanation :
0
[24]The promoters of Local Area Banks may comprise
A.
individuals
B.
corporate entities
C.
trusts and societies
D.
all of the above
Ans:
all of the above
Explanation :
0
[25]The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
A.
Cash reserves
B.
Deposit reserves
C.
Excess reserves
D.
Momentary reserves
Ans:
Excess reserves
Explanation :
0
Explanation :
0