[1]Which of the following banks has opened the countrys first Cash Factory‖ in Lucknow which will issue currency notes to all its branches and ATM in the area?
A.
Bank of India
B.
Bank of Baroda
C.
State Bank of India
D.
Union Bank of India
Ans:
State Bank of India
Explanation :
0
[2]The regional Rural Banks are sponsored by
A.
Unit Trust of India
B.
Reserve Bank of India
C.
Life Insurance Corporation of India
D.
Any Scheduled Commercial bank
Ans:
Any Scheduled Commercial bank
Explanation :
0
[3]In second phase of nationalization, how many banks were nationalized?
A.
7
B.
6
C.
5
D.
3
Ans:
6
Explanation :
0
[4]In which circumstance Dear money policy will be adopted by Reserve Bank of India?
A.
Inflation
B.
inflatable
C.
disinflation
D.
Ostentation
Ans:
Inflation
Explanation :
0
[5]When was the Small Industrial Development Bank of India established?
A.
32875
B.
30287
C.
30043
D.
32965
Ans:
32965
Explanation :
0
[6]Bank rate means
A.
The rate of interest charged by the bank on advances
B.
The rate of interest paid by banks on the deposits
C.
The standard rate at which the RBI is prepared to buy or to rediscount eligible bills of exchange or other commercial papers of commercial banks
D.
None of the above
Ans:
The standard rate at which the RBI is prepared to buy or to rediscount eligible bills of exchange or other commercial papers of commercial banks
Explanation :
0
[7]Many times we read in financial newspapers/magazines about Systematic Investment Plans (SIPs). SIPs are an investment option also operated in the mode of
A.
Mutual Funds
B.
Small Savings Schemes in Post Offices
C.
National Pension Fund
D.
National Saving Certificates
Ans:
Mutual Funds
Explanation :
0
[8]Forfaiter is
A.
an intermediary between an exporter and importer
B.
an intermediary between an exporter and bank
C.
an intermediary between an bank and importer
D.
a bank.
Ans:
an intermediary between an exporter and importer
Explanation :
0
[9]Which of the following is known as the concept of a standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price?
A.
Forward Contract
B.
Futures Contract
C.
Market Contract
D.
Standard Contract
Ans:
Futures Contract
Explanation :
0
[10]Who is the president of FICCI?
A.
Dr. Naushad Forbes
B.
Sunil Kanoria
C.
Harshavardhan Neotia
D.
Shashenk Manohar
Ans:
Harshavardhan Neotia
Explanation :
0
[11]At which rate the RBI lends money to a public sector bank on a long term basis?
A.
Bank Rate
B.
CRR
C.
Repo Rate
D.
PLR
Ans:
Bank Rate
Explanation :
0
[12]The minimum rate of Interest charged by a Bank from Customers on the loans is?
A.
Base Rate
B.
Bank rate
C.
Prime Rate
D.
Prime Lending Rate
Ans:
Base Rate
Explanation :
0
[13]Which bank recently introduced the Software Robotics for power banking operations?
A.
ICICI Bank
B.
Axis Bank
C.
HDFC Bank
D.
State Bank of India
Ans:
ICICI Bank
Explanation :
0
[14]A cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque, is called
A.
Open cheque
B.
Order cheque
C.
Stale Cheque
D.
Post-dated cheque
Ans:
Open cheque
Explanation :
0
[15]Which of the following types of ATMs eliminates the need for PIN early and authenticated customer transactions by thumb impressions.
A.
while label ATMs
B.
Biometric ATMs
C.
On-site ATMs
D.
Off-site ATMs
Ans:
Biometric ATMs
Explanation :
0
[16]All regional rural banks (RRBs) are required to maintain their entire statutory liquidity ratio (SLR) in
A.
current accounts with sponsor banks
B.
time deposits with sponsor banks
C.
government and other approved securities
D.
gold holdings only
Ans:
government and other approved securities
Explanation :
0
[17]What is the full form of NBFC as used in the financial sector?
A.
New banking finance company
B.
National banking and Finance Corporation
C.
New business finance and credit
D.
None of these
Ans:
None of these
Explanation :
0
[18]The one-rupee note bears the signature of
A.
RBI Governor
B.
Deputy Governor
C.
Finance Secretary
D.
Finance Minister
Ans:
Finance Secretary
Explanation :
0
[19]Loan for fish rearing is covered under Priority sector as
A.
Direct Agriculture
B.
Self Employed Scheme
C.
Indirect Agriculture
D.
Allied to indirect agriculture
Ans:
Direct Agriculture
Explanation :
0
[20]Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for
A.
2 years
B.
4 years
C.
8 years
D.
10 years
Ans:
8 years
Explanation :
0
[21]The govt. of India replaced the FERA by…
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[22]A money deposited in a bank that cannot be withdrawn for a preset fixed period of time is known as:
A.
Checking Account
B.
Term Deposit
C.
No Frills Account
D.
All of the above
Ans:
Term Deposit
Explanation :
0
[23]A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as?
A.
Investment Banking
B.
Core Banking
C.
Mobile Banking
D.
National Banking
Ans:
Core Banking
Explanation :
0
[24]CRISIL has been promoted by
A.
ICICI, UTI
B.
IDBI, SBI
C.
AXIS, UTI
D.
PNB, SBI
Ans:
ICICI, UTI
Explanation :
0
[25]Which bank had the highest concentrations of operations overseas in 2010?
A.
Bank of Baroda
B.
Bank of India
C.
State Bank of India
D.
Union Bank of India
Ans:
Bank of Baroda
Explanation :
0
Explanation :
0
[2]The regional Rural Banks are sponsored by
A.
Unit Trust of India
B.
Reserve Bank of India
C.
Life Insurance Corporation of India
D.
Any Scheduled Commercial bank
Ans:
Any Scheduled Commercial bank
Explanation :
0
[3]In second phase of nationalization, how many banks were nationalized?
A.
7
B.
6
C.
5
D.
3
Ans:
6
Explanation :
0
[4]In which circumstance Dear money policy will be adopted by Reserve Bank of India?
A.
Inflation
B.
inflatable
C.
disinflation
D.
Ostentation
Ans:
Inflation
Explanation :
0
[5]When was the Small Industrial Development Bank of India established?
A.
32875
B.
30287
C.
30043
D.
32965
Ans:
32965
Explanation :
0
[6]Bank rate means
A.
The rate of interest charged by the bank on advances
B.
The rate of interest paid by banks on the deposits
C.
The standard rate at which the RBI is prepared to buy or to rediscount eligible bills of exchange or other commercial papers of commercial banks
D.
None of the above
Ans:
The standard rate at which the RBI is prepared to buy or to rediscount eligible bills of exchange or other commercial papers of commercial banks
Explanation :
0
[7]Many times we read in financial newspapers/magazines about Systematic Investment Plans (SIPs). SIPs are an investment option also operated in the mode of
A.
Mutual Funds
B.
Small Savings Schemes in Post Offices
C.
National Pension Fund
D.
National Saving Certificates
Ans:
Mutual Funds
Explanation :
0
[8]Forfaiter is
A.
an intermediary between an exporter and importer
B.
an intermediary between an exporter and bank
C.
an intermediary between an bank and importer
D.
a bank.
Ans:
an intermediary between an exporter and importer
Explanation :
0
[9]Which of the following is known as the concept of a standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price?
A.
Forward Contract
B.
Futures Contract
C.
Market Contract
D.
Standard Contract
Ans:
Futures Contract
Explanation :
0
[10]Who is the president of FICCI?
A.
Dr. Naushad Forbes
B.
Sunil Kanoria
C.
Harshavardhan Neotia
D.
Shashenk Manohar
Ans:
Harshavardhan Neotia
Explanation :
0
[11]At which rate the RBI lends money to a public sector bank on a long term basis?
A.
Bank Rate
B.
CRR
C.
Repo Rate
D.
PLR
Ans:
Bank Rate
Explanation :
0
[12]The minimum rate of Interest charged by a Bank from Customers on the loans is?
A.
Base Rate
B.
Bank rate
C.
Prime Rate
D.
Prime Lending Rate
Ans:
Base Rate
Explanation :
0
[13]Which bank recently introduced the Software Robotics for power banking operations?
A.
ICICI Bank
B.
Axis Bank
C.
HDFC Bank
D.
State Bank of India
Ans:
ICICI Bank
Explanation :
0
[14]A cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque, is called
A.
Open cheque
B.
Order cheque
C.
Stale Cheque
D.
Post-dated cheque
Ans:
Open cheque
Explanation :
0
[15]Which of the following types of ATMs eliminates the need for PIN early and authenticated customer transactions by thumb impressions.
A.
while label ATMs
B.
Biometric ATMs
C.
On-site ATMs
D.
Off-site ATMs
Ans:
Biometric ATMs
Explanation :
0
[16]All regional rural banks (RRBs) are required to maintain their entire statutory liquidity ratio (SLR) in
A.
current accounts with sponsor banks
B.
time deposits with sponsor banks
C.
government and other approved securities
D.
gold holdings only
Ans:
government and other approved securities
Explanation :
0
[17]What is the full form of NBFC as used in the financial sector?
A.
New banking finance company
B.
National banking and Finance Corporation
C.
New business finance and credit
D.
None of these
Ans:
None of these
Explanation :
0
[18]The one-rupee note bears the signature of
A.
RBI Governor
B.
Deputy Governor
C.
Finance Secretary
D.
Finance Minister
Ans:
Finance Secretary
Explanation :
0
[19]Loan for fish rearing is covered under Priority sector as
A.
Direct Agriculture
B.
Self Employed Scheme
C.
Indirect Agriculture
D.
Allied to indirect agriculture
Ans:
Direct Agriculture
Explanation :
0
[20]Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for
A.
2 years
B.
4 years
C.
8 years
D.
10 years
Ans:
8 years
Explanation :
0
[21]The govt. of India replaced the FERA by…
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[22]A money deposited in a bank that cannot be withdrawn for a preset fixed period of time is known as:
A.
Checking Account
B.
Term Deposit
C.
No Frills Account
D.
All of the above
Ans:
Term Deposit
Explanation :
0
[23]A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as?
A.
Investment Banking
B.
Core Banking
C.
Mobile Banking
D.
National Banking
Ans:
Core Banking
Explanation :
0
[24]CRISIL has been promoted by
A.
ICICI, UTI
B.
IDBI, SBI
C.
AXIS, UTI
D.
PNB, SBI
Ans:
ICICI, UTI
Explanation :
0
[25]Which bank had the highest concentrations of operations overseas in 2010?
A.
Bank of Baroda
B.
Bank of India
C.
State Bank of India
D.
Union Bank of India
Ans:
Bank of Baroda
Explanation :
0
Explanation :
0
[4]In which circumstance Dear money policy will be adopted by Reserve Bank of India?
A.
Inflation
B.
inflatable
C.
disinflation
D.
Ostentation
Ans:
Inflation
Explanation :
0
[5]When was the Small Industrial Development Bank of India established?
A.
32875
B.
30287
C.
30043
D.
32965
Ans:
32965
Explanation :
0
[6]Bank rate means
A.
The rate of interest charged by the bank on advances
B.
The rate of interest paid by banks on the deposits
C.
The standard rate at which the RBI is prepared to buy or to rediscount eligible bills of exchange or other commercial papers of commercial banks
D.
None of the above
Ans:
The standard rate at which the RBI is prepared to buy or to rediscount eligible bills of exchange or other commercial papers of commercial banks
Explanation :
0
[7]Many times we read in financial newspapers/magazines about Systematic Investment Plans (SIPs). SIPs are an investment option also operated in the mode of
A.
Mutual Funds
B.
Small Savings Schemes in Post Offices
C.
National Pension Fund
D.
National Saving Certificates
Ans:
Mutual Funds
Explanation :
0
[8]Forfaiter is
A.
an intermediary between an exporter and importer
B.
an intermediary between an exporter and bank
C.
an intermediary between an bank and importer
D.
a bank.
Ans:
an intermediary between an exporter and importer
Explanation :
0
[9]Which of the following is known as the concept of a standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price?
A.
Forward Contract
B.
Futures Contract
C.
Market Contract
D.
Standard Contract
Ans:
Futures Contract
Explanation :
0
[10]Who is the president of FICCI?
A.
Dr. Naushad Forbes
B.
Sunil Kanoria
C.
Harshavardhan Neotia
D.
Shashenk Manohar
Ans:
Harshavardhan Neotia
Explanation :
0
[11]At which rate the RBI lends money to a public sector bank on a long term basis?
A.
Bank Rate
B.
CRR
C.
Repo Rate
D.
PLR
Ans:
Bank Rate
Explanation :
0
[12]The minimum rate of Interest charged by a Bank from Customers on the loans is?
A.
Base Rate
B.
Bank rate
C.
Prime Rate
D.
Prime Lending Rate
Ans:
Base Rate
Explanation :
0
[13]Which bank recently introduced the Software Robotics for power banking operations?
A.
ICICI Bank
B.
Axis Bank
C.
HDFC Bank
D.
State Bank of India
Ans:
ICICI Bank
Explanation :
0
[14]A cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque, is called
A.
Open cheque
B.
Order cheque
C.
Stale Cheque
D.
Post-dated cheque
Ans:
Open cheque
Explanation :
0
[15]Which of the following types of ATMs eliminates the need for PIN early and authenticated customer transactions by thumb impressions.
A.
while label ATMs
B.
Biometric ATMs
C.
On-site ATMs
D.
Off-site ATMs
Ans:
Biometric ATMs
Explanation :
0
[16]All regional rural banks (RRBs) are required to maintain their entire statutory liquidity ratio (SLR) in
A.
current accounts with sponsor banks
B.
time deposits with sponsor banks
C.
government and other approved securities
D.
gold holdings only
Ans:
government and other approved securities
Explanation :
0
[17]What is the full form of NBFC as used in the financial sector?
A.
New banking finance company
B.
National banking and Finance Corporation
C.
New business finance and credit
D.
None of these
Ans:
None of these
Explanation :
0
[18]The one-rupee note bears the signature of
A.
RBI Governor
B.
Deputy Governor
C.
Finance Secretary
D.
Finance Minister
Ans:
Finance Secretary
Explanation :
0
[19]Loan for fish rearing is covered under Priority sector as
A.
Direct Agriculture
B.
Self Employed Scheme
C.
Indirect Agriculture
D.
Allied to indirect agriculture
Ans:
Direct Agriculture
Explanation :
0
[20]Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for
A.
2 years
B.
4 years
C.
8 years
D.
10 years
Ans:
8 years
Explanation :
0
[21]The govt. of India replaced the FERA by…
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[22]A money deposited in a bank that cannot be withdrawn for a preset fixed period of time is known as:
A.
Checking Account
B.
Term Deposit
C.
No Frills Account
D.
All of the above
Ans:
Term Deposit
Explanation :
0
[23]A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as?
A.
Investment Banking
B.
Core Banking
C.
Mobile Banking
D.
National Banking
Ans:
Core Banking
Explanation :
0
[24]CRISIL has been promoted by
A.
ICICI, UTI
B.
IDBI, SBI
C.
AXIS, UTI
D.
PNB, SBI
Ans:
ICICI, UTI
Explanation :
0
[25]Which bank had the highest concentrations of operations overseas in 2010?
A.
Bank of Baroda
B.
Bank of India
C.
State Bank of India
D.
Union Bank of India
Ans:
Bank of Baroda
Explanation :
0
Explanation :
0
[6]Bank rate means
A.
The rate of interest charged by the bank on advances
B.
The rate of interest paid by banks on the deposits
C.
The standard rate at which the RBI is prepared to buy or to rediscount eligible bills of exchange or other commercial papers of commercial banks
D.
None of the above
Ans:
The standard rate at which the RBI is prepared to buy or to rediscount eligible bills of exchange or other commercial papers of commercial banks
Explanation :
0
[7]Many times we read in financial newspapers/magazines about Systematic Investment Plans (SIPs). SIPs are an investment option also operated in the mode of
A.
Mutual Funds
B.
Small Savings Schemes in Post Offices
C.
National Pension Fund
D.
National Saving Certificates
Ans:
Mutual Funds
Explanation :
0
[8]Forfaiter is
A.
an intermediary between an exporter and importer
B.
an intermediary between an exporter and bank
C.
an intermediary between an bank and importer
D.
a bank.
Ans:
an intermediary between an exporter and importer
Explanation :
0
[9]Which of the following is known as the concept of a standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price?
A.
Forward Contract
B.
Futures Contract
C.
Market Contract
D.
Standard Contract
Ans:
Futures Contract
Explanation :
0
[10]Who is the president of FICCI?
A.
Dr. Naushad Forbes
B.
Sunil Kanoria
C.
Harshavardhan Neotia
D.
Shashenk Manohar
Ans:
Harshavardhan Neotia
Explanation :
0
[11]At which rate the RBI lends money to a public sector bank on a long term basis?
A.
Bank Rate
B.
CRR
C.
Repo Rate
D.
PLR
Ans:
Bank Rate
Explanation :
0
[12]The minimum rate of Interest charged by a Bank from Customers on the loans is?
A.
Base Rate
B.
Bank rate
C.
Prime Rate
D.
Prime Lending Rate
Ans:
Base Rate
Explanation :
0
[13]Which bank recently introduced the Software Robotics for power banking operations?
A.
ICICI Bank
B.
Axis Bank
C.
HDFC Bank
D.
State Bank of India
Ans:
ICICI Bank
Explanation :
0
[14]A cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque, is called
A.
Open cheque
B.
Order cheque
C.
Stale Cheque
D.
Post-dated cheque
Ans:
Open cheque
Explanation :
0
[15]Which of the following types of ATMs eliminates the need for PIN early and authenticated customer transactions by thumb impressions.
A.
while label ATMs
B.
Biometric ATMs
C.
On-site ATMs
D.
Off-site ATMs
Ans:
Biometric ATMs
Explanation :
0
[16]All regional rural banks (RRBs) are required to maintain their entire statutory liquidity ratio (SLR) in
A.
current accounts with sponsor banks
B.
time deposits with sponsor banks
C.
government and other approved securities
D.
gold holdings only
Ans:
government and other approved securities
Explanation :
0
[17]What is the full form of NBFC as used in the financial sector?
A.
New banking finance company
B.
National banking and Finance Corporation
C.
New business finance and credit
D.
None of these
Ans:
None of these
Explanation :
0
[18]The one-rupee note bears the signature of
A.
RBI Governor
B.
Deputy Governor
C.
Finance Secretary
D.
Finance Minister
Ans:
Finance Secretary
Explanation :
0
[19]Loan for fish rearing is covered under Priority sector as
A.
Direct Agriculture
B.
Self Employed Scheme
C.
Indirect Agriculture
D.
Allied to indirect agriculture
Ans:
Direct Agriculture
Explanation :
0
[20]Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for
A.
2 years
B.
4 years
C.
8 years
D.
10 years
Ans:
8 years
Explanation :
0
[21]The govt. of India replaced the FERA by…
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[22]A money deposited in a bank that cannot be withdrawn for a preset fixed period of time is known as:
A.
Checking Account
B.
Term Deposit
C.
No Frills Account
D.
All of the above
Ans:
Term Deposit
Explanation :
0
[23]A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as?
A.
Investment Banking
B.
Core Banking
C.
Mobile Banking
D.
National Banking
Ans:
Core Banking
Explanation :
0
[24]CRISIL has been promoted by
A.
ICICI, UTI
B.
IDBI, SBI
C.
AXIS, UTI
D.
PNB, SBI
Ans:
ICICI, UTI
Explanation :
0
[25]Which bank had the highest concentrations of operations overseas in 2010?
A.
Bank of Baroda
B.
Bank of India
C.
State Bank of India
D.
Union Bank of India
Ans:
Bank of Baroda
Explanation :
0
Explanation :
0
[8]Forfaiter is
A.
an intermediary between an exporter and importer
B.
an intermediary between an exporter and bank
C.
an intermediary between an bank and importer
D.
a bank.
Ans:
an intermediary between an exporter and importer
Explanation :
0
[9]Which of the following is known as the concept of a standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price?
A.
Forward Contract
B.
Futures Contract
C.
Market Contract
D.
Standard Contract
Ans:
Futures Contract
Explanation :
0
[10]Who is the president of FICCI?
A.
Dr. Naushad Forbes
B.
Sunil Kanoria
C.
Harshavardhan Neotia
D.
Shashenk Manohar
Ans:
Harshavardhan Neotia
Explanation :
0
[11]At which rate the RBI lends money to a public sector bank on a long term basis?
A.
Bank Rate
B.
CRR
C.
Repo Rate
D.
PLR
Ans:
Bank Rate
Explanation :
0
[12]The minimum rate of Interest charged by a Bank from Customers on the loans is?
A.
Base Rate
B.
Bank rate
C.
Prime Rate
D.
Prime Lending Rate
Ans:
Base Rate
Explanation :
0
[13]Which bank recently introduced the Software Robotics for power banking operations?
A.
ICICI Bank
B.
Axis Bank
C.
HDFC Bank
D.
State Bank of India
Ans:
ICICI Bank
Explanation :
0
[14]A cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque, is called
A.
Open cheque
B.
Order cheque
C.
Stale Cheque
D.
Post-dated cheque
Ans:
Open cheque
Explanation :
0
[15]Which of the following types of ATMs eliminates the need for PIN early and authenticated customer transactions by thumb impressions.
A.
while label ATMs
B.
Biometric ATMs
C.
On-site ATMs
D.
Off-site ATMs
Ans:
Biometric ATMs
Explanation :
0
[16]All regional rural banks (RRBs) are required to maintain their entire statutory liquidity ratio (SLR) in
A.
current accounts with sponsor banks
B.
time deposits with sponsor banks
C.
government and other approved securities
D.
gold holdings only
Ans:
government and other approved securities
Explanation :
0
[17]What is the full form of NBFC as used in the financial sector?
A.
New banking finance company
B.
National banking and Finance Corporation
C.
New business finance and credit
D.
None of these
Ans:
None of these
Explanation :
0
[18]The one-rupee note bears the signature of
A.
RBI Governor
B.
Deputy Governor
C.
Finance Secretary
D.
Finance Minister
Ans:
Finance Secretary
Explanation :
0
[19]Loan for fish rearing is covered under Priority sector as
A.
Direct Agriculture
B.
Self Employed Scheme
C.
Indirect Agriculture
D.
Allied to indirect agriculture
Ans:
Direct Agriculture
Explanation :
0
[20]Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for
A.
2 years
B.
4 years
C.
8 years
D.
10 years
Ans:
8 years
Explanation :
0
[21]The govt. of India replaced the FERA by…
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[22]A money deposited in a bank that cannot be withdrawn for a preset fixed period of time is known as:
A.
Checking Account
B.
Term Deposit
C.
No Frills Account
D.
All of the above
Ans:
Term Deposit
Explanation :
0
[23]A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as?
A.
Investment Banking
B.
Core Banking
C.
Mobile Banking
D.
National Banking
Ans:
Core Banking
Explanation :
0
[24]CRISIL has been promoted by
A.
ICICI, UTI
B.
IDBI, SBI
C.
AXIS, UTI
D.
PNB, SBI
Ans:
ICICI, UTI
Explanation :
0
[25]Which bank had the highest concentrations of operations overseas in 2010?
A.
Bank of Baroda
B.
Bank of India
C.
State Bank of India
D.
Union Bank of India
Ans:
Bank of Baroda
Explanation :
0
Explanation :
0
[10]Who is the president of FICCI?
A.
Dr. Naushad Forbes
B.
Sunil Kanoria
C.
Harshavardhan Neotia
D.
Shashenk Manohar
Ans:
Harshavardhan Neotia
Explanation :
0
[11]At which rate the RBI lends money to a public sector bank on a long term basis?
A.
Bank Rate
B.
CRR
C.
Repo Rate
D.
PLR
Ans:
Bank Rate
Explanation :
0
[12]The minimum rate of Interest charged by a Bank from Customers on the loans is?
A.
Base Rate
B.
Bank rate
C.
Prime Rate
D.
Prime Lending Rate
Ans:
Base Rate
Explanation :
0
[13]Which bank recently introduced the Software Robotics for power banking operations?
A.
ICICI Bank
B.
Axis Bank
C.
HDFC Bank
D.
State Bank of India
Ans:
ICICI Bank
Explanation :
0
[14]A cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque, is called
A.
Open cheque
B.
Order cheque
C.
Stale Cheque
D.
Post-dated cheque
Ans:
Open cheque
Explanation :
0
[15]Which of the following types of ATMs eliminates the need for PIN early and authenticated customer transactions by thumb impressions.
A.
while label ATMs
B.
Biometric ATMs
C.
On-site ATMs
D.
Off-site ATMs
Ans:
Biometric ATMs
Explanation :
0
[16]All regional rural banks (RRBs) are required to maintain their entire statutory liquidity ratio (SLR) in
A.
current accounts with sponsor banks
B.
time deposits with sponsor banks
C.
government and other approved securities
D.
gold holdings only
Ans:
government and other approved securities
Explanation :
0
[17]What is the full form of NBFC as used in the financial sector?
A.
New banking finance company
B.
National banking and Finance Corporation
C.
New business finance and credit
D.
None of these
Ans:
None of these
Explanation :
0
[18]The one-rupee note bears the signature of
A.
RBI Governor
B.
Deputy Governor
C.
Finance Secretary
D.
Finance Minister
Ans:
Finance Secretary
Explanation :
0
[19]Loan for fish rearing is covered under Priority sector as
A.
Direct Agriculture
B.
Self Employed Scheme
C.
Indirect Agriculture
D.
Allied to indirect agriculture
Ans:
Direct Agriculture
Explanation :
0
[20]Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for
A.
2 years
B.
4 years
C.
8 years
D.
10 years
Ans:
8 years
Explanation :
0
[21]The govt. of India replaced the FERA by…
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[22]A money deposited in a bank that cannot be withdrawn for a preset fixed period of time is known as:
A.
Checking Account
B.
Term Deposit
C.
No Frills Account
D.
All of the above
Ans:
Term Deposit
Explanation :
0
[23]A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as?
A.
Investment Banking
B.
Core Banking
C.
Mobile Banking
D.
National Banking
Ans:
Core Banking
Explanation :
0
[24]CRISIL has been promoted by
A.
ICICI, UTI
B.
IDBI, SBI
C.
AXIS, UTI
D.
PNB, SBI
Ans:
ICICI, UTI
Explanation :
0
[25]Which bank had the highest concentrations of operations overseas in 2010?
A.
Bank of Baroda
B.
Bank of India
C.
State Bank of India
D.
Union Bank of India
Ans:
Bank of Baroda
Explanation :
0
Explanation :
0
[12]The minimum rate of Interest charged by a Bank from Customers on the loans is?
A.
Base Rate
B.
Bank rate
C.
Prime Rate
D.
Prime Lending Rate
Ans:
Base Rate
Explanation :
0
[13]Which bank recently introduced the Software Robotics for power banking operations?
A.
ICICI Bank
B.
Axis Bank
C.
HDFC Bank
D.
State Bank of India
Ans:
ICICI Bank
Explanation :
0
[14]A cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque, is called
A.
Open cheque
B.
Order cheque
C.
Stale Cheque
D.
Post-dated cheque
Ans:
Open cheque
Explanation :
0
[15]Which of the following types of ATMs eliminates the need for PIN early and authenticated customer transactions by thumb impressions.
A.
while label ATMs
B.
Biometric ATMs
C.
On-site ATMs
D.
Off-site ATMs
Ans:
Biometric ATMs
Explanation :
0
[16]All regional rural banks (RRBs) are required to maintain their entire statutory liquidity ratio (SLR) in
A.
current accounts with sponsor banks
B.
time deposits with sponsor banks
C.
government and other approved securities
D.
gold holdings only
Ans:
government and other approved securities
Explanation :
0
[17]What is the full form of NBFC as used in the financial sector?
A.
New banking finance company
B.
National banking and Finance Corporation
C.
New business finance and credit
D.
None of these
Ans:
None of these
Explanation :
0
[18]The one-rupee note bears the signature of
A.
RBI Governor
B.
Deputy Governor
C.
Finance Secretary
D.
Finance Minister
Ans:
Finance Secretary
Explanation :
0
[19]Loan for fish rearing is covered under Priority sector as
A.
Direct Agriculture
B.
Self Employed Scheme
C.
Indirect Agriculture
D.
Allied to indirect agriculture
Ans:
Direct Agriculture
Explanation :
0
[20]Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for
A.
2 years
B.
4 years
C.
8 years
D.
10 years
Ans:
8 years
Explanation :
0
[21]The govt. of India replaced the FERA by…
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[22]A money deposited in a bank that cannot be withdrawn for a preset fixed period of time is known as:
A.
Checking Account
B.
Term Deposit
C.
No Frills Account
D.
All of the above
Ans:
Term Deposit
Explanation :
0
[23]A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as?
A.
Investment Banking
B.
Core Banking
C.
Mobile Banking
D.
National Banking
Ans:
Core Banking
Explanation :
0
[24]CRISIL has been promoted by
A.
ICICI, UTI
B.
IDBI, SBI
C.
AXIS, UTI
D.
PNB, SBI
Ans:
ICICI, UTI
Explanation :
0
[25]Which bank had the highest concentrations of operations overseas in 2010?
A.
Bank of Baroda
B.
Bank of India
C.
State Bank of India
D.
Union Bank of India
Ans:
Bank of Baroda
Explanation :
0
Explanation :
0
[14]A cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque, is called
A.
Open cheque
B.
Order cheque
C.
Stale Cheque
D.
Post-dated cheque
Ans:
Open cheque
Explanation :
0
[15]Which of the following types of ATMs eliminates the need for PIN early and authenticated customer transactions by thumb impressions.
A.
while label ATMs
B.
Biometric ATMs
C.
On-site ATMs
D.
Off-site ATMs
Ans:
Biometric ATMs
Explanation :
0
[16]All regional rural banks (RRBs) are required to maintain their entire statutory liquidity ratio (SLR) in
A.
current accounts with sponsor banks
B.
time deposits with sponsor banks
C.
government and other approved securities
D.
gold holdings only
Ans:
government and other approved securities
Explanation :
0
[17]What is the full form of NBFC as used in the financial sector?
A.
New banking finance company
B.
National banking and Finance Corporation
C.
New business finance and credit
D.
None of these
Ans:
None of these
Explanation :
0
[18]The one-rupee note bears the signature of
A.
RBI Governor
B.
Deputy Governor
C.
Finance Secretary
D.
Finance Minister
Ans:
Finance Secretary
Explanation :
0
[19]Loan for fish rearing is covered under Priority sector as
A.
Direct Agriculture
B.
Self Employed Scheme
C.
Indirect Agriculture
D.
Allied to indirect agriculture
Ans:
Direct Agriculture
Explanation :
0
[20]Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for
A.
2 years
B.
4 years
C.
8 years
D.
10 years
Ans:
8 years
Explanation :
0
[21]The govt. of India replaced the FERA by…
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[22]A money deposited in a bank that cannot be withdrawn for a preset fixed period of time is known as:
A.
Checking Account
B.
Term Deposit
C.
No Frills Account
D.
All of the above
Ans:
Term Deposit
Explanation :
0
[23]A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as?
A.
Investment Banking
B.
Core Banking
C.
Mobile Banking
D.
National Banking
Ans:
Core Banking
Explanation :
0
[24]CRISIL has been promoted by
A.
ICICI, UTI
B.
IDBI, SBI
C.
AXIS, UTI
D.
PNB, SBI
Ans:
ICICI, UTI
Explanation :
0
[25]Which bank had the highest concentrations of operations overseas in 2010?
A.
Bank of Baroda
B.
Bank of India
C.
State Bank of India
D.
Union Bank of India
Ans:
Bank of Baroda
Explanation :
0
Explanation :
0
[16]All regional rural banks (RRBs) are required to maintain their entire statutory liquidity ratio (SLR) in
A.
current accounts with sponsor banks
B.
time deposits with sponsor banks
C.
government and other approved securities
D.
gold holdings only
Ans:
government and other approved securities
Explanation :
0
[17]What is the full form of NBFC as used in the financial sector?
A.
New banking finance company
B.
National banking and Finance Corporation
C.
New business finance and credit
D.
None of these
Ans:
None of these
Explanation :
0
[18]The one-rupee note bears the signature of
A.
RBI Governor
B.
Deputy Governor
C.
Finance Secretary
D.
Finance Minister
Ans:
Finance Secretary
Explanation :
0
[19]Loan for fish rearing is covered under Priority sector as
A.
Direct Agriculture
B.
Self Employed Scheme
C.
Indirect Agriculture
D.
Allied to indirect agriculture
Ans:
Direct Agriculture
Explanation :
0
[20]Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for
A.
2 years
B.
4 years
C.
8 years
D.
10 years
Ans:
8 years
Explanation :
0
[21]The govt. of India replaced the FERA by…
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[22]A money deposited in a bank that cannot be withdrawn for a preset fixed period of time is known as:
A.
Checking Account
B.
Term Deposit
C.
No Frills Account
D.
All of the above
Ans:
Term Deposit
Explanation :
0
[23]A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as?
A.
Investment Banking
B.
Core Banking
C.
Mobile Banking
D.
National Banking
Ans:
Core Banking
Explanation :
0
[24]CRISIL has been promoted by
A.
ICICI, UTI
B.
IDBI, SBI
C.
AXIS, UTI
D.
PNB, SBI
Ans:
ICICI, UTI
Explanation :
0
[25]Which bank had the highest concentrations of operations overseas in 2010?
A.
Bank of Baroda
B.
Bank of India
C.
State Bank of India
D.
Union Bank of India
Ans:
Bank of Baroda
Explanation :
0
Explanation :
0
[18]The one-rupee note bears the signature of
A.
RBI Governor
B.
Deputy Governor
C.
Finance Secretary
D.
Finance Minister
Ans:
Finance Secretary
Explanation :
0
[19]Loan for fish rearing is covered under Priority sector as
A.
Direct Agriculture
B.
Self Employed Scheme
C.
Indirect Agriculture
D.
Allied to indirect agriculture
Ans:
Direct Agriculture
Explanation :
0
[20]Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for
A.
2 years
B.
4 years
C.
8 years
D.
10 years
Ans:
8 years
Explanation :
0
[21]The govt. of India replaced the FERA by…
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[22]A money deposited in a bank that cannot be withdrawn for a preset fixed period of time is known as:
A.
Checking Account
B.
Term Deposit
C.
No Frills Account
D.
All of the above
Ans:
Term Deposit
Explanation :
0
[23]A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as?
A.
Investment Banking
B.
Core Banking
C.
Mobile Banking
D.
National Banking
Ans:
Core Banking
Explanation :
0
[24]CRISIL has been promoted by
A.
ICICI, UTI
B.
IDBI, SBI
C.
AXIS, UTI
D.
PNB, SBI
Ans:
ICICI, UTI
Explanation :
0
[25]Which bank had the highest concentrations of operations overseas in 2010?
A.
Bank of Baroda
B.
Bank of India
C.
State Bank of India
D.
Union Bank of India
Ans:
Bank of Baroda
Explanation :
0
Explanation :
0
[20]Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for
A.
2 years
B.
4 years
C.
8 years
D.
10 years
Ans:
8 years
Explanation :
0
[21]The govt. of India replaced the FERA by…
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[22]A money deposited in a bank that cannot be withdrawn for a preset fixed period of time is known as:
A.
Checking Account
B.
Term Deposit
C.
No Frills Account
D.
All of the above
Ans:
Term Deposit
Explanation :
0
[23]A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as?
A.
Investment Banking
B.
Core Banking
C.
Mobile Banking
D.
National Banking
Ans:
Core Banking
Explanation :
0
[24]CRISIL has been promoted by
A.
ICICI, UTI
B.
IDBI, SBI
C.
AXIS, UTI
D.
PNB, SBI
Ans:
ICICI, UTI
Explanation :
0
[25]Which bank had the highest concentrations of operations overseas in 2010?
A.
Bank of Baroda
B.
Bank of India
C.
State Bank of India
D.
Union Bank of India
Ans:
Bank of Baroda
Explanation :
0
Explanation :
0
[22]A money deposited in a bank that cannot be withdrawn for a preset fixed period of time is known as:
A.
Checking Account
B.
Term Deposit
C.
No Frills Account
D.
All of the above
Ans:
Term Deposit
Explanation :
0
[23]A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as?
A.
Investment Banking
B.
Core Banking
C.
Mobile Banking
D.
National Banking
Ans:
Core Banking
Explanation :
0
[24]CRISIL has been promoted by
A.
ICICI, UTI
B.
IDBI, SBI
C.
AXIS, UTI
D.
PNB, SBI
Ans:
ICICI, UTI
Explanation :
0
[25]Which bank had the highest concentrations of operations overseas in 2010?
A.
Bank of Baroda
B.
Bank of India
C.
State Bank of India
D.
Union Bank of India
Ans:
Bank of Baroda
Explanation :
0
Explanation :
0
[24]CRISIL has been promoted by
A.
ICICI, UTI
B.
IDBI, SBI
C.
AXIS, UTI
D.
PNB, SBI
Ans:
ICICI, UTI
Explanation :
0
[25]Which bank had the highest concentrations of operations overseas in 2010?
A.
Bank of Baroda
B.
Bank of India
C.
State Bank of India
D.
Union Bank of India
Ans:
Bank of Baroda
Explanation :
0
Explanation :
0