[1]NEFT is useful because:
A.
The remitter need not send the physical cheque or Demand Draft to the beneficiary.
B.
The beneficiary need not visit his/ her bank for depositing the paper instruments
C.
The beneficiary need not be apprehensive of loss/ theft of physical instruments or the likelihood of fraudulent encashment thereof
D.
All the above
Ans:
All the above
Explanation :
0
[2]World investment report is published by?
A.
UNDP
B.
World bank
C.
IMF
D.
UNCTAD
Ans:
UNCTAD
Explanation :
0
[3]The largest number of commercial banks offices are located in?
A.
Karnataka
B.
Maharashtra
C.
Tamil Nadu
D.
Uttar Pradesh
Ans:
Uttar Pradesh
Explanation :
0
[4]What is the maximum amount per transaction NEFT limit for cash-based remittances to Nepal?
A.
100000
B.
200000
C.
50000
D.
75000
Ans:
50000
Explanation :
0
[5]The new Indian Currency Note of Rs. 2000 denomination will have an image of:
A.
Taj Mahal
B.
Red Fort
C.
Qutb Minar
D.
Mangalyaan
Ans:
Mangalyaan
Explanation :
0
[6]Which of the following can be categories as a Merchant Banking service?
A.
Consultancy on finance to a company
B.
Advance in capital structure
C.
Managing mergers
D.
All the above
Ans:
All the above
Explanation :
0
[7]The excess of total expenditures over total receipts is known as:
A.
Fiscal Deficit
B.
Revenue Deficit
C.
Budget Deficit
D.
Both b) and c)
Ans:
Budget Deficit
Explanation :
0
[8]A government security is generally issued in the form of
A.
Stock certificates
B.
Bearer bonds
C.
Promissory notes
D.
all
Ans:
all
Explanation :
0
[9]Fixed deposits and recurring deposits are
A.
repayable after an agreed period
B.
repayable on demand
C.
not repayable
D.
repayable on demand or after an agreed period as per bankers choice
Ans:
repayable on demand or after an agreed period as per bankers choice
Explanation :
0
[10]The ability of commercial banks to increase their deposits by expanding their loans and advances is known as
A.
Capital Expansion
B.
Capital Creation
C.
Credit Expansion
D.
Credit Creation
Ans:
Credit Creation
Explanation :
0
[11]Consider these statements:- Statement I – Other than Rs. 1000 note, the security threads of the banknotes contain the word ‗Bharat in Devanagari script and ‗RBI alternatively. Statement II – In Rs. 1000 note, the security thread contains the word ‗Bharat in Devanagari script, ‗1000, and ‗RBI‖.
A.
Both are false.
B.
Both are true.
C.
Statement I is true but II is false.
D.
Statement I is false but II is true.
Ans:
Both are true.
Explanation :
0
[12]What is Stagflation‖?
A.
inflation with growth
B.
deflation with growth
C.
inflation after deflations
D.
inflation with depression
Ans:
inflation after deflations
Explanation :
0
[13]Which bank are Public Sector Banks of India?
A.
More than 50 % stake held by government
B.
50 % stake held by government
C.
Less than 50 % stake held by government
D.
All of the above
Ans:
More than 50 % stake held by government
Explanation :
0
[14]As per which act, holidays are provided in the banks?
A.
RBI act
B.
Banking regulation act
C.
Negotiable instrument Act –1881
D.
Banking nationalization act
Ans:
Negotiable instrument Act –1881
Explanation :
0
[15]Which of the following is not a primary function of a Bank?
A.
Granting Loans
B.
Collecting Cheques/Drafts customers
C.
Facilitating import of goods
D.
Issuing Bank Drafts
Ans:
Granting Loans
Explanation :
0
[16]RBI doesnt have an office in
A.
Jaipur
B.
Bhopal
C.
Kanpur
D.
Shimla
Ans:
Shimla
Explanation :
0
[17]Which of the following organizations/agencies works solely to monitor and arrange flow of agriculture credit in India ?
A.
NABARD
B.
SIDBI
C.
RBI
D.
SEBI
Ans:
NABARD
Explanation :
0
[18]In case the prospective customer whose income comes from only Agriculture sources then he has to give a declaration in Form 61.
A.
TRUE
B.
FALSE
C.
He has to submit form 60
D.
No such requirement
Ans:
TRUE
Explanation :
0
[19]Nomination can be given only for:
A.
Individuals
B.
Joint Individuals
C.
Limited Companies
D.
Only A, and B
Ans:
Only A, and B
Explanation :
0
[20]Increase in Service tax came is effective from?
A.
1st june 2016
B.
1st May 2016
C.
1st Aug 2016
D.
1st July 2016
Ans:
1st june 2016
Explanation :
0
[21]Bill of lading is a :
A.
Negotiable Instrument
B.
Non- negotiable Instrument
C.
Quasi-Negotiable Instrument
D.
All of the above
Ans:
Quasi-Negotiable Instrument
Explanation :
0
[22]Which of the following remains at the top of organizational structure of RBI?
A.
Governor
B.
Executive directors
C.
Central board of directors
D.
Chief general manager
Ans:
Central board of directors
Explanation :
0
[23]Where is the headquarter of the International Monetary Fund (IMF) ?
A.
Geneva
B.
Washington DC
C.
London
D.
Manila
Ans:
Washington DC
Explanation :
0
[24]“CAMEL model‖ is used by
A.
Bankers to evaluate a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[25]A Pledge means
A.
advanced against goods
B.
hypothecation of goods
C.
bailment of goods as security for payment of a debt or performance of a promise
D.
Open limits
Ans:
bailment of goods as security for payment of a debt or performance of a promise
Explanation :
0
Explanation :
0
[2]World investment report is published by?
A.
UNDP
B.
World bank
C.
IMF
D.
UNCTAD
Ans:
UNCTAD
Explanation :
0
[3]The largest number of commercial banks offices are located in?
A.
Karnataka
B.
Maharashtra
C.
Tamil Nadu
D.
Uttar Pradesh
Ans:
Uttar Pradesh
Explanation :
0
[4]What is the maximum amount per transaction NEFT limit for cash-based remittances to Nepal?
A.
100000
B.
200000
C.
50000
D.
75000
Ans:
50000
Explanation :
0
[5]The new Indian Currency Note of Rs. 2000 denomination will have an image of:
A.
Taj Mahal
B.
Red Fort
C.
Qutb Minar
D.
Mangalyaan
Ans:
Mangalyaan
Explanation :
0
[6]Which of the following can be categories as a Merchant Banking service?
A.
Consultancy on finance to a company
B.
Advance in capital structure
C.
Managing mergers
D.
All the above
Ans:
All the above
Explanation :
0
[7]The excess of total expenditures over total receipts is known as:
A.
Fiscal Deficit
B.
Revenue Deficit
C.
Budget Deficit
D.
Both b) and c)
Ans:
Budget Deficit
Explanation :
0
[8]A government security is generally issued in the form of
A.
Stock certificates
B.
Bearer bonds
C.
Promissory notes
D.
all
Ans:
all
Explanation :
0
[9]Fixed deposits and recurring deposits are
A.
repayable after an agreed period
B.
repayable on demand
C.
not repayable
D.
repayable on demand or after an agreed period as per bankers choice
Ans:
repayable on demand or after an agreed period as per bankers choice
Explanation :
0
[10]The ability of commercial banks to increase their deposits by expanding their loans and advances is known as
A.
Capital Expansion
B.
Capital Creation
C.
Credit Expansion
D.
Credit Creation
Ans:
Credit Creation
Explanation :
0
[11]Consider these statements:- Statement I – Other than Rs. 1000 note, the security threads of the banknotes contain the word ‗Bharat in Devanagari script and ‗RBI alternatively. Statement II – In Rs. 1000 note, the security thread contains the word ‗Bharat in Devanagari script, ‗1000, and ‗RBI‖.
A.
Both are false.
B.
Both are true.
C.
Statement I is true but II is false.
D.
Statement I is false but II is true.
Ans:
Both are true.
Explanation :
0
[12]What is Stagflation‖?
A.
inflation with growth
B.
deflation with growth
C.
inflation after deflations
D.
inflation with depression
Ans:
inflation after deflations
Explanation :
0
[13]Which bank are Public Sector Banks of India?
A.
More than 50 % stake held by government
B.
50 % stake held by government
C.
Less than 50 % stake held by government
D.
All of the above
Ans:
More than 50 % stake held by government
Explanation :
0
[14]As per which act, holidays are provided in the banks?
A.
RBI act
B.
Banking regulation act
C.
Negotiable instrument Act –1881
D.
Banking nationalization act
Ans:
Negotiable instrument Act –1881
Explanation :
0
[15]Which of the following is not a primary function of a Bank?
A.
Granting Loans
B.
Collecting Cheques/Drafts customers
C.
Facilitating import of goods
D.
Issuing Bank Drafts
Ans:
Granting Loans
Explanation :
0
[16]RBI doesnt have an office in
A.
Jaipur
B.
Bhopal
C.
Kanpur
D.
Shimla
Ans:
Shimla
Explanation :
0
[17]Which of the following organizations/agencies works solely to monitor and arrange flow of agriculture credit in India ?
A.
NABARD
B.
SIDBI
C.
RBI
D.
SEBI
Ans:
NABARD
Explanation :
0
[18]In case the prospective customer whose income comes from only Agriculture sources then he has to give a declaration in Form 61.
A.
TRUE
B.
FALSE
C.
He has to submit form 60
D.
No such requirement
Ans:
TRUE
Explanation :
0
[19]Nomination can be given only for:
A.
Individuals
B.
Joint Individuals
C.
Limited Companies
D.
Only A, and B
Ans:
Only A, and B
Explanation :
0
[20]Increase in Service tax came is effective from?
A.
1st june 2016
B.
1st May 2016
C.
1st Aug 2016
D.
1st July 2016
Ans:
1st june 2016
Explanation :
0
[21]Bill of lading is a :
A.
Negotiable Instrument
B.
Non- negotiable Instrument
C.
Quasi-Negotiable Instrument
D.
All of the above
Ans:
Quasi-Negotiable Instrument
Explanation :
0
[22]Which of the following remains at the top of organizational structure of RBI?
A.
Governor
B.
Executive directors
C.
Central board of directors
D.
Chief general manager
Ans:
Central board of directors
Explanation :
0
[23]Where is the headquarter of the International Monetary Fund (IMF) ?
A.
Geneva
B.
Washington DC
C.
London
D.
Manila
Ans:
Washington DC
Explanation :
0
[24]“CAMEL model‖ is used by
A.
Bankers to evaluate a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[25]A Pledge means
A.
advanced against goods
B.
hypothecation of goods
C.
bailment of goods as security for payment of a debt or performance of a promise
D.
Open limits
Ans:
bailment of goods as security for payment of a debt or performance of a promise
Explanation :
0
Explanation :
0
[4]What is the maximum amount per transaction NEFT limit for cash-based remittances to Nepal?
A.
100000
B.
200000
C.
50000
D.
75000
Ans:
50000
Explanation :
0
[5]The new Indian Currency Note of Rs. 2000 denomination will have an image of:
A.
Taj Mahal
B.
Red Fort
C.
Qutb Minar
D.
Mangalyaan
Ans:
Mangalyaan
Explanation :
0
[6]Which of the following can be categories as a Merchant Banking service?
A.
Consultancy on finance to a company
B.
Advance in capital structure
C.
Managing mergers
D.
All the above
Ans:
All the above
Explanation :
0
[7]The excess of total expenditures over total receipts is known as:
A.
Fiscal Deficit
B.
Revenue Deficit
C.
Budget Deficit
D.
Both b) and c)
Ans:
Budget Deficit
Explanation :
0
[8]A government security is generally issued in the form of
A.
Stock certificates
B.
Bearer bonds
C.
Promissory notes
D.
all
Ans:
all
Explanation :
0
[9]Fixed deposits and recurring deposits are
A.
repayable after an agreed period
B.
repayable on demand
C.
not repayable
D.
repayable on demand or after an agreed period as per bankers choice
Ans:
repayable on demand or after an agreed period as per bankers choice
Explanation :
0
[10]The ability of commercial banks to increase their deposits by expanding their loans and advances is known as
A.
Capital Expansion
B.
Capital Creation
C.
Credit Expansion
D.
Credit Creation
Ans:
Credit Creation
Explanation :
0
[11]Consider these statements:- Statement I – Other than Rs. 1000 note, the security threads of the banknotes contain the word ‗Bharat in Devanagari script and ‗RBI alternatively. Statement II – In Rs. 1000 note, the security thread contains the word ‗Bharat in Devanagari script, ‗1000, and ‗RBI‖.
A.
Both are false.
B.
Both are true.
C.
Statement I is true but II is false.
D.
Statement I is false but II is true.
Ans:
Both are true.
Explanation :
0
[12]What is Stagflation‖?
A.
inflation with growth
B.
deflation with growth
C.
inflation after deflations
D.
inflation with depression
Ans:
inflation after deflations
Explanation :
0
[13]Which bank are Public Sector Banks of India?
A.
More than 50 % stake held by government
B.
50 % stake held by government
C.
Less than 50 % stake held by government
D.
All of the above
Ans:
More than 50 % stake held by government
Explanation :
0
[14]As per which act, holidays are provided in the banks?
A.
RBI act
B.
Banking regulation act
C.
Negotiable instrument Act –1881
D.
Banking nationalization act
Ans:
Negotiable instrument Act –1881
Explanation :
0
[15]Which of the following is not a primary function of a Bank?
A.
Granting Loans
B.
Collecting Cheques/Drafts customers
C.
Facilitating import of goods
D.
Issuing Bank Drafts
Ans:
Granting Loans
Explanation :
0
[16]RBI doesnt have an office in
A.
Jaipur
B.
Bhopal
C.
Kanpur
D.
Shimla
Ans:
Shimla
Explanation :
0
[17]Which of the following organizations/agencies works solely to monitor and arrange flow of agriculture credit in India ?
A.
NABARD
B.
SIDBI
C.
RBI
D.
SEBI
Ans:
NABARD
Explanation :
0
[18]In case the prospective customer whose income comes from only Agriculture sources then he has to give a declaration in Form 61.
A.
TRUE
B.
FALSE
C.
He has to submit form 60
D.
No such requirement
Ans:
TRUE
Explanation :
0
[19]Nomination can be given only for:
A.
Individuals
B.
Joint Individuals
C.
Limited Companies
D.
Only A, and B
Ans:
Only A, and B
Explanation :
0
[20]Increase in Service tax came is effective from?
A.
1st june 2016
B.
1st May 2016
C.
1st Aug 2016
D.
1st July 2016
Ans:
1st june 2016
Explanation :
0
[21]Bill of lading is a :
A.
Negotiable Instrument
B.
Non- negotiable Instrument
C.
Quasi-Negotiable Instrument
D.
All of the above
Ans:
Quasi-Negotiable Instrument
Explanation :
0
[22]Which of the following remains at the top of organizational structure of RBI?
A.
Governor
B.
Executive directors
C.
Central board of directors
D.
Chief general manager
Ans:
Central board of directors
Explanation :
0
[23]Where is the headquarter of the International Monetary Fund (IMF) ?
A.
Geneva
B.
Washington DC
C.
London
D.
Manila
Ans:
Washington DC
Explanation :
0
[24]“CAMEL model‖ is used by
A.
Bankers to evaluate a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[25]A Pledge means
A.
advanced against goods
B.
hypothecation of goods
C.
bailment of goods as security for payment of a debt or performance of a promise
D.
Open limits
Ans:
bailment of goods as security for payment of a debt or performance of a promise
Explanation :
0
Explanation :
0
[6]Which of the following can be categories as a Merchant Banking service?
A.
Consultancy on finance to a company
B.
Advance in capital structure
C.
Managing mergers
D.
All the above
Ans:
All the above
Explanation :
0
[7]The excess of total expenditures over total receipts is known as:
A.
Fiscal Deficit
B.
Revenue Deficit
C.
Budget Deficit
D.
Both b) and c)
Ans:
Budget Deficit
Explanation :
0
[8]A government security is generally issued in the form of
A.
Stock certificates
B.
Bearer bonds
C.
Promissory notes
D.
all
Ans:
all
Explanation :
0
[9]Fixed deposits and recurring deposits are
A.
repayable after an agreed period
B.
repayable on demand
C.
not repayable
D.
repayable on demand or after an agreed period as per bankers choice
Ans:
repayable on demand or after an agreed period as per bankers choice
Explanation :
0
[10]The ability of commercial banks to increase their deposits by expanding their loans and advances is known as
A.
Capital Expansion
B.
Capital Creation
C.
Credit Expansion
D.
Credit Creation
Ans:
Credit Creation
Explanation :
0
[11]Consider these statements:- Statement I – Other than Rs. 1000 note, the security threads of the banknotes contain the word ‗Bharat in Devanagari script and ‗RBI alternatively. Statement II – In Rs. 1000 note, the security thread contains the word ‗Bharat in Devanagari script, ‗1000, and ‗RBI‖.
A.
Both are false.
B.
Both are true.
C.
Statement I is true but II is false.
D.
Statement I is false but II is true.
Ans:
Both are true.
Explanation :
0
[12]What is Stagflation‖?
A.
inflation with growth
B.
deflation with growth
C.
inflation after deflations
D.
inflation with depression
Ans:
inflation after deflations
Explanation :
0
[13]Which bank are Public Sector Banks of India?
A.
More than 50 % stake held by government
B.
50 % stake held by government
C.
Less than 50 % stake held by government
D.
All of the above
Ans:
More than 50 % stake held by government
Explanation :
0
[14]As per which act, holidays are provided in the banks?
A.
RBI act
B.
Banking regulation act
C.
Negotiable instrument Act –1881
D.
Banking nationalization act
Ans:
Negotiable instrument Act –1881
Explanation :
0
[15]Which of the following is not a primary function of a Bank?
A.
Granting Loans
B.
Collecting Cheques/Drafts customers
C.
Facilitating import of goods
D.
Issuing Bank Drafts
Ans:
Granting Loans
Explanation :
0
[16]RBI doesnt have an office in
A.
Jaipur
B.
Bhopal
C.
Kanpur
D.
Shimla
Ans:
Shimla
Explanation :
0
[17]Which of the following organizations/agencies works solely to monitor and arrange flow of agriculture credit in India ?
A.
NABARD
B.
SIDBI
C.
RBI
D.
SEBI
Ans:
NABARD
Explanation :
0
[18]In case the prospective customer whose income comes from only Agriculture sources then he has to give a declaration in Form 61.
A.
TRUE
B.
FALSE
C.
He has to submit form 60
D.
No such requirement
Ans:
TRUE
Explanation :
0
[19]Nomination can be given only for:
A.
Individuals
B.
Joint Individuals
C.
Limited Companies
D.
Only A, and B
Ans:
Only A, and B
Explanation :
0
[20]Increase in Service tax came is effective from?
A.
1st june 2016
B.
1st May 2016
C.
1st Aug 2016
D.
1st July 2016
Ans:
1st june 2016
Explanation :
0
[21]Bill of lading is a :
A.
Negotiable Instrument
B.
Non- negotiable Instrument
C.
Quasi-Negotiable Instrument
D.
All of the above
Ans:
Quasi-Negotiable Instrument
Explanation :
0
[22]Which of the following remains at the top of organizational structure of RBI?
A.
Governor
B.
Executive directors
C.
Central board of directors
D.
Chief general manager
Ans:
Central board of directors
Explanation :
0
[23]Where is the headquarter of the International Monetary Fund (IMF) ?
A.
Geneva
B.
Washington DC
C.
London
D.
Manila
Ans:
Washington DC
Explanation :
0
[24]“CAMEL model‖ is used by
A.
Bankers to evaluate a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[25]A Pledge means
A.
advanced against goods
B.
hypothecation of goods
C.
bailment of goods as security for payment of a debt or performance of a promise
D.
Open limits
Ans:
bailment of goods as security for payment of a debt or performance of a promise
Explanation :
0
Explanation :
0
[8]A government security is generally issued in the form of
A.
Stock certificates
B.
Bearer bonds
C.
Promissory notes
D.
all
Ans:
all
Explanation :
0
[9]Fixed deposits and recurring deposits are
A.
repayable after an agreed period
B.
repayable on demand
C.
not repayable
D.
repayable on demand or after an agreed period as per bankers choice
Ans:
repayable on demand or after an agreed period as per bankers choice
Explanation :
0
[10]The ability of commercial banks to increase their deposits by expanding their loans and advances is known as
A.
Capital Expansion
B.
Capital Creation
C.
Credit Expansion
D.
Credit Creation
Ans:
Credit Creation
Explanation :
0
[11]Consider these statements:- Statement I – Other than Rs. 1000 note, the security threads of the banknotes contain the word ‗Bharat in Devanagari script and ‗RBI alternatively. Statement II – In Rs. 1000 note, the security thread contains the word ‗Bharat in Devanagari script, ‗1000, and ‗RBI‖.
A.
Both are false.
B.
Both are true.
C.
Statement I is true but II is false.
D.
Statement I is false but II is true.
Ans:
Both are true.
Explanation :
0
[12]What is Stagflation‖?
A.
inflation with growth
B.
deflation with growth
C.
inflation after deflations
D.
inflation with depression
Ans:
inflation after deflations
Explanation :
0
[13]Which bank are Public Sector Banks of India?
A.
More than 50 % stake held by government
B.
50 % stake held by government
C.
Less than 50 % stake held by government
D.
All of the above
Ans:
More than 50 % stake held by government
Explanation :
0
[14]As per which act, holidays are provided in the banks?
A.
RBI act
B.
Banking regulation act
C.
Negotiable instrument Act –1881
D.
Banking nationalization act
Ans:
Negotiable instrument Act –1881
Explanation :
0
[15]Which of the following is not a primary function of a Bank?
A.
Granting Loans
B.
Collecting Cheques/Drafts customers
C.
Facilitating import of goods
D.
Issuing Bank Drafts
Ans:
Granting Loans
Explanation :
0
[16]RBI doesnt have an office in
A.
Jaipur
B.
Bhopal
C.
Kanpur
D.
Shimla
Ans:
Shimla
Explanation :
0
[17]Which of the following organizations/agencies works solely to monitor and arrange flow of agriculture credit in India ?
A.
NABARD
B.
SIDBI
C.
RBI
D.
SEBI
Ans:
NABARD
Explanation :
0
[18]In case the prospective customer whose income comes from only Agriculture sources then he has to give a declaration in Form 61.
A.
TRUE
B.
FALSE
C.
He has to submit form 60
D.
No such requirement
Ans:
TRUE
Explanation :
0
[19]Nomination can be given only for:
A.
Individuals
B.
Joint Individuals
C.
Limited Companies
D.
Only A, and B
Ans:
Only A, and B
Explanation :
0
[20]Increase in Service tax came is effective from?
A.
1st june 2016
B.
1st May 2016
C.
1st Aug 2016
D.
1st July 2016
Ans:
1st june 2016
Explanation :
0
[21]Bill of lading is a :
A.
Negotiable Instrument
B.
Non- negotiable Instrument
C.
Quasi-Negotiable Instrument
D.
All of the above
Ans:
Quasi-Negotiable Instrument
Explanation :
0
[22]Which of the following remains at the top of organizational structure of RBI?
A.
Governor
B.
Executive directors
C.
Central board of directors
D.
Chief general manager
Ans:
Central board of directors
Explanation :
0
[23]Where is the headquarter of the International Monetary Fund (IMF) ?
A.
Geneva
B.
Washington DC
C.
London
D.
Manila
Ans:
Washington DC
Explanation :
0
[24]“CAMEL model‖ is used by
A.
Bankers to evaluate a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[25]A Pledge means
A.
advanced against goods
B.
hypothecation of goods
C.
bailment of goods as security for payment of a debt or performance of a promise
D.
Open limits
Ans:
bailment of goods as security for payment of a debt or performance of a promise
Explanation :
0
Explanation :
0
[10]The ability of commercial banks to increase their deposits by expanding their loans and advances is known as
A.
Capital Expansion
B.
Capital Creation
C.
Credit Expansion
D.
Credit Creation
Ans:
Credit Creation
Explanation :
0
[11]Consider these statements:- Statement I – Other than Rs. 1000 note, the security threads of the banknotes contain the word ‗Bharat in Devanagari script and ‗RBI alternatively. Statement II – In Rs. 1000 note, the security thread contains the word ‗Bharat in Devanagari script, ‗1000, and ‗RBI‖.
A.
Both are false.
B.
Both are true.
C.
Statement I is true but II is false.
D.
Statement I is false but II is true.
Ans:
Both are true.
Explanation :
0
[12]What is Stagflation‖?
A.
inflation with growth
B.
deflation with growth
C.
inflation after deflations
D.
inflation with depression
Ans:
inflation after deflations
Explanation :
0
[13]Which bank are Public Sector Banks of India?
A.
More than 50 % stake held by government
B.
50 % stake held by government
C.
Less than 50 % stake held by government
D.
All of the above
Ans:
More than 50 % stake held by government
Explanation :
0
[14]As per which act, holidays are provided in the banks?
A.
RBI act
B.
Banking regulation act
C.
Negotiable instrument Act –1881
D.
Banking nationalization act
Ans:
Negotiable instrument Act –1881
Explanation :
0
[15]Which of the following is not a primary function of a Bank?
A.
Granting Loans
B.
Collecting Cheques/Drafts customers
C.
Facilitating import of goods
D.
Issuing Bank Drafts
Ans:
Granting Loans
Explanation :
0
[16]RBI doesnt have an office in
A.
Jaipur
B.
Bhopal
C.
Kanpur
D.
Shimla
Ans:
Shimla
Explanation :
0
[17]Which of the following organizations/agencies works solely to monitor and arrange flow of agriculture credit in India ?
A.
NABARD
B.
SIDBI
C.
RBI
D.
SEBI
Ans:
NABARD
Explanation :
0
[18]In case the prospective customer whose income comes from only Agriculture sources then he has to give a declaration in Form 61.
A.
TRUE
B.
FALSE
C.
He has to submit form 60
D.
No such requirement
Ans:
TRUE
Explanation :
0
[19]Nomination can be given only for:
A.
Individuals
B.
Joint Individuals
C.
Limited Companies
D.
Only A, and B
Ans:
Only A, and B
Explanation :
0
[20]Increase in Service tax came is effective from?
A.
1st june 2016
B.
1st May 2016
C.
1st Aug 2016
D.
1st July 2016
Ans:
1st june 2016
Explanation :
0
[21]Bill of lading is a :
A.
Negotiable Instrument
B.
Non- negotiable Instrument
C.
Quasi-Negotiable Instrument
D.
All of the above
Ans:
Quasi-Negotiable Instrument
Explanation :
0
[22]Which of the following remains at the top of organizational structure of RBI?
A.
Governor
B.
Executive directors
C.
Central board of directors
D.
Chief general manager
Ans:
Central board of directors
Explanation :
0
[23]Where is the headquarter of the International Monetary Fund (IMF) ?
A.
Geneva
B.
Washington DC
C.
London
D.
Manila
Ans:
Washington DC
Explanation :
0
[24]“CAMEL model‖ is used by
A.
Bankers to evaluate a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[25]A Pledge means
A.
advanced against goods
B.
hypothecation of goods
C.
bailment of goods as security for payment of a debt or performance of a promise
D.
Open limits
Ans:
bailment of goods as security for payment of a debt or performance of a promise
Explanation :
0
Explanation :
0
[12]What is Stagflation‖?
A.
inflation with growth
B.
deflation with growth
C.
inflation after deflations
D.
inflation with depression
Ans:
inflation after deflations
Explanation :
0
[13]Which bank are Public Sector Banks of India?
A.
More than 50 % stake held by government
B.
50 % stake held by government
C.
Less than 50 % stake held by government
D.
All of the above
Ans:
More than 50 % stake held by government
Explanation :
0
[14]As per which act, holidays are provided in the banks?
A.
RBI act
B.
Banking regulation act
C.
Negotiable instrument Act –1881
D.
Banking nationalization act
Ans:
Negotiable instrument Act –1881
Explanation :
0
[15]Which of the following is not a primary function of a Bank?
A.
Granting Loans
B.
Collecting Cheques/Drafts customers
C.
Facilitating import of goods
D.
Issuing Bank Drafts
Ans:
Granting Loans
Explanation :
0
[16]RBI doesnt have an office in
A.
Jaipur
B.
Bhopal
C.
Kanpur
D.
Shimla
Ans:
Shimla
Explanation :
0
[17]Which of the following organizations/agencies works solely to monitor and arrange flow of agriculture credit in India ?
A.
NABARD
B.
SIDBI
C.
RBI
D.
SEBI
Ans:
NABARD
Explanation :
0
[18]In case the prospective customer whose income comes from only Agriculture sources then he has to give a declaration in Form 61.
A.
TRUE
B.
FALSE
C.
He has to submit form 60
D.
No such requirement
Ans:
TRUE
Explanation :
0
[19]Nomination can be given only for:
A.
Individuals
B.
Joint Individuals
C.
Limited Companies
D.
Only A, and B
Ans:
Only A, and B
Explanation :
0
[20]Increase in Service tax came is effective from?
A.
1st june 2016
B.
1st May 2016
C.
1st Aug 2016
D.
1st July 2016
Ans:
1st june 2016
Explanation :
0
[21]Bill of lading is a :
A.
Negotiable Instrument
B.
Non- negotiable Instrument
C.
Quasi-Negotiable Instrument
D.
All of the above
Ans:
Quasi-Negotiable Instrument
Explanation :
0
[22]Which of the following remains at the top of organizational structure of RBI?
A.
Governor
B.
Executive directors
C.
Central board of directors
D.
Chief general manager
Ans:
Central board of directors
Explanation :
0
[23]Where is the headquarter of the International Monetary Fund (IMF) ?
A.
Geneva
B.
Washington DC
C.
London
D.
Manila
Ans:
Washington DC
Explanation :
0
[24]“CAMEL model‖ is used by
A.
Bankers to evaluate a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[25]A Pledge means
A.
advanced against goods
B.
hypothecation of goods
C.
bailment of goods as security for payment of a debt or performance of a promise
D.
Open limits
Ans:
bailment of goods as security for payment of a debt or performance of a promise
Explanation :
0
Explanation :
0
[14]As per which act, holidays are provided in the banks?
A.
RBI act
B.
Banking regulation act
C.
Negotiable instrument Act –1881
D.
Banking nationalization act
Ans:
Negotiable instrument Act –1881
Explanation :
0
[15]Which of the following is not a primary function of a Bank?
A.
Granting Loans
B.
Collecting Cheques/Drafts customers
C.
Facilitating import of goods
D.
Issuing Bank Drafts
Ans:
Granting Loans
Explanation :
0
[16]RBI doesnt have an office in
A.
Jaipur
B.
Bhopal
C.
Kanpur
D.
Shimla
Ans:
Shimla
Explanation :
0
[17]Which of the following organizations/agencies works solely to monitor and arrange flow of agriculture credit in India ?
A.
NABARD
B.
SIDBI
C.
RBI
D.
SEBI
Ans:
NABARD
Explanation :
0
[18]In case the prospective customer whose income comes from only Agriculture sources then he has to give a declaration in Form 61.
A.
TRUE
B.
FALSE
C.
He has to submit form 60
D.
No such requirement
Ans:
TRUE
Explanation :
0
[19]Nomination can be given only for:
A.
Individuals
B.
Joint Individuals
C.
Limited Companies
D.
Only A, and B
Ans:
Only A, and B
Explanation :
0
[20]Increase in Service tax came is effective from?
A.
1st june 2016
B.
1st May 2016
C.
1st Aug 2016
D.
1st July 2016
Ans:
1st june 2016
Explanation :
0
[21]Bill of lading is a :
A.
Negotiable Instrument
B.
Non- negotiable Instrument
C.
Quasi-Negotiable Instrument
D.
All of the above
Ans:
Quasi-Negotiable Instrument
Explanation :
0
[22]Which of the following remains at the top of organizational structure of RBI?
A.
Governor
B.
Executive directors
C.
Central board of directors
D.
Chief general manager
Ans:
Central board of directors
Explanation :
0
[23]Where is the headquarter of the International Monetary Fund (IMF) ?
A.
Geneva
B.
Washington DC
C.
London
D.
Manila
Ans:
Washington DC
Explanation :
0
[24]“CAMEL model‖ is used by
A.
Bankers to evaluate a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[25]A Pledge means
A.
advanced against goods
B.
hypothecation of goods
C.
bailment of goods as security for payment of a debt or performance of a promise
D.
Open limits
Ans:
bailment of goods as security for payment of a debt or performance of a promise
Explanation :
0
Explanation :
0
[16]RBI doesnt have an office in
A.
Jaipur
B.
Bhopal
C.
Kanpur
D.
Shimla
Ans:
Shimla
Explanation :
0
[17]Which of the following organizations/agencies works solely to monitor and arrange flow of agriculture credit in India ?
A.
NABARD
B.
SIDBI
C.
RBI
D.
SEBI
Ans:
NABARD
Explanation :
0
[18]In case the prospective customer whose income comes from only Agriculture sources then he has to give a declaration in Form 61.
A.
TRUE
B.
FALSE
C.
He has to submit form 60
D.
No such requirement
Ans:
TRUE
Explanation :
0
[19]Nomination can be given only for:
A.
Individuals
B.
Joint Individuals
C.
Limited Companies
D.
Only A, and B
Ans:
Only A, and B
Explanation :
0
[20]Increase in Service tax came is effective from?
A.
1st june 2016
B.
1st May 2016
C.
1st Aug 2016
D.
1st July 2016
Ans:
1st june 2016
Explanation :
0
[21]Bill of lading is a :
A.
Negotiable Instrument
B.
Non- negotiable Instrument
C.
Quasi-Negotiable Instrument
D.
All of the above
Ans:
Quasi-Negotiable Instrument
Explanation :
0
[22]Which of the following remains at the top of organizational structure of RBI?
A.
Governor
B.
Executive directors
C.
Central board of directors
D.
Chief general manager
Ans:
Central board of directors
Explanation :
0
[23]Where is the headquarter of the International Monetary Fund (IMF) ?
A.
Geneva
B.
Washington DC
C.
London
D.
Manila
Ans:
Washington DC
Explanation :
0
[24]“CAMEL model‖ is used by
A.
Bankers to evaluate a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[25]A Pledge means
A.
advanced against goods
B.
hypothecation of goods
C.
bailment of goods as security for payment of a debt or performance of a promise
D.
Open limits
Ans:
bailment of goods as security for payment of a debt or performance of a promise
Explanation :
0
Explanation :
0
[18]In case the prospective customer whose income comes from only Agriculture sources then he has to give a declaration in Form 61.
A.
TRUE
B.
FALSE
C.
He has to submit form 60
D.
No such requirement
Ans:
TRUE
Explanation :
0
[19]Nomination can be given only for:
A.
Individuals
B.
Joint Individuals
C.
Limited Companies
D.
Only A, and B
Ans:
Only A, and B
Explanation :
0
[20]Increase in Service tax came is effective from?
A.
1st june 2016
B.
1st May 2016
C.
1st Aug 2016
D.
1st July 2016
Ans:
1st june 2016
Explanation :
0
[21]Bill of lading is a :
A.
Negotiable Instrument
B.
Non- negotiable Instrument
C.
Quasi-Negotiable Instrument
D.
All of the above
Ans:
Quasi-Negotiable Instrument
Explanation :
0
[22]Which of the following remains at the top of organizational structure of RBI?
A.
Governor
B.
Executive directors
C.
Central board of directors
D.
Chief general manager
Ans:
Central board of directors
Explanation :
0
[23]Where is the headquarter of the International Monetary Fund (IMF) ?
A.
Geneva
B.
Washington DC
C.
London
D.
Manila
Ans:
Washington DC
Explanation :
0
[24]“CAMEL model‖ is used by
A.
Bankers to evaluate a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[25]A Pledge means
A.
advanced against goods
B.
hypothecation of goods
C.
bailment of goods as security for payment of a debt or performance of a promise
D.
Open limits
Ans:
bailment of goods as security for payment of a debt or performance of a promise
Explanation :
0
Explanation :
0
[20]Increase in Service tax came is effective from?
A.
1st june 2016
B.
1st May 2016
C.
1st Aug 2016
D.
1st July 2016
Ans:
1st june 2016
Explanation :
0
[21]Bill of lading is a :
A.
Negotiable Instrument
B.
Non- negotiable Instrument
C.
Quasi-Negotiable Instrument
D.
All of the above
Ans:
Quasi-Negotiable Instrument
Explanation :
0
[22]Which of the following remains at the top of organizational structure of RBI?
A.
Governor
B.
Executive directors
C.
Central board of directors
D.
Chief general manager
Ans:
Central board of directors
Explanation :
0
[23]Where is the headquarter of the International Monetary Fund (IMF) ?
A.
Geneva
B.
Washington DC
C.
London
D.
Manila
Ans:
Washington DC
Explanation :
0
[24]“CAMEL model‖ is used by
A.
Bankers to evaluate a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[25]A Pledge means
A.
advanced against goods
B.
hypothecation of goods
C.
bailment of goods as security for payment of a debt or performance of a promise
D.
Open limits
Ans:
bailment of goods as security for payment of a debt or performance of a promise
Explanation :
0
Explanation :
0
[22]Which of the following remains at the top of organizational structure of RBI?
A.
Governor
B.
Executive directors
C.
Central board of directors
D.
Chief general manager
Ans:
Central board of directors
Explanation :
0
[23]Where is the headquarter of the International Monetary Fund (IMF) ?
A.
Geneva
B.
Washington DC
C.
London
D.
Manila
Ans:
Washington DC
Explanation :
0
[24]“CAMEL model‖ is used by
A.
Bankers to evaluate a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[25]A Pledge means
A.
advanced against goods
B.
hypothecation of goods
C.
bailment of goods as security for payment of a debt or performance of a promise
D.
Open limits
Ans:
bailment of goods as security for payment of a debt or performance of a promise
Explanation :
0
Explanation :
0
[24]“CAMEL model‖ is used by
A.
Bankers to evaluate a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[25]A Pledge means
A.
advanced against goods
B.
hypothecation of goods
C.
bailment of goods as security for payment of a debt or performance of a promise
D.
Open limits
Ans:
bailment of goods as security for payment of a debt or performance of a promise
Explanation :
0
Explanation :
0