[1]Slogan of IDBI Bank is
A.
Trusted family bank
B.
Where vision gets built
C.
Banking for All; Aao Sochein Bada
D.
Good people to grow with
Ans:
Banking for All; Aao Sochein Bada
Explanation :
0
[2]In which of the following market does devaluation of currency happen?
A.
Fixed exchange rate
B.
Floating exchange rate
C.
Pegged exchange rate
D.
Either A or B
Ans:
Fixed exchange rate
Explanation :
0
[3]Blending Modernity with Tradition‖ is the slogan of
A.
State Bank of Patiala
B.
SBI
C.
SBH
D.
SBM
Ans:
State Bank of Patiala
Explanation :
0
[4]Balance in a current account is classified as –
A.
Hybrid deposit
B.
Term deposit
C.
Demand deposit
D.
Flexi deposit
Ans:
Demand deposit
Explanation :
0
[5]FII Stands for
A.
Foreign Institutional Investor
B.
Foreign International Investor
C.
Forward Institutional Investor
D.
Formal Institutional Investor
Ans:
Foreign Institutional Investor
Explanation :
0
[6]Which of the following organizations issue the rules of global trade?
A.
Foreign trade
B.
G-20
C.
World Trade Organization
D.
IMF
Ans:
World Trade Organization
Explanation :
0
[7]Who are the major players in the call money markets?
A.
Banks
B.
Insurance companies
C.
Development Financial Institutions
D.
All of the above
Ans:
All of the above
Explanation :
0
[8]Paid-up share capital of Regional Rural Bank is contributed by
A.
Central Government only
B.
State Government only
C.
Central Government, State Government and the sponsor commercial bank in the ratio of 50: 15 :35 respectively
D.
NABARD, the concerned State Government and the sponsor commercial bank in the ratio of 60 : 20 :20 respectively
Ans:
Central Government, State Government and the sponsor commercial bank in the ratio of 50: 15 :35 respectively
Explanation :
0
[9]The maximum amount of the total Revenue earned by the government of India comes from:
A.
Income Tax
B.
Customs Duty
C.
Excise Duty
D.
Value Added Tax
Ans:
Excise Duty
Explanation :
0
[10]RBI issue currency rupee notes on bases of
A.
By holding minimum value of gold coins and bullion
B.
By holding minimum foreign securities as a bapart of the total approved assets
C.
By holding minimum amount of commodities which are trading in commodity exchanges
D.
Only a and b
Ans:
Only a and b
Explanation :
0
[11]What is inflation?
A.
increase in value of currency
B.
decrease in value of currency
C.
increase in value of commodities
D.
decrease in value of commodities
Ans:
increase in value of commodities
Explanation :
0
[12]RBI issued its first banknote in Jan 1938 bearing the portrait of George IV. What was its denomination?
A.
Rs. 5
B.
Rs. 10
C.
Rs. 1
D.
Rs. 2
Ans:
Rs. 5
Explanation :
0
[13]Asset Reconstruction Company is associated with.
A.
DICGC
B.
ECGC
C.
NPA
D.
SEBI
Ans:
NPA
Explanation :
0
[14]Which of the following is an example for Long Investment Option?
A.
Fixed deposit
B.
Money market
C.
Public provident fund
D.
Saving accounts
Ans:
Public provident fund
Explanation :
0
[15]Indian Financial Network [INFINET] is the :-
A.
communication backbone for the Indian Banking and Financial sector
B.
association of the employers of the banking and financial sector
C.
closed user group network of SBI and its subsidiaries
D.
all of the above
Ans:
association of the employers of the banking and financial sector
Explanation :
0
[16]The term plastic money applies to
A.
Bank draft made of plastic coated paper
B.
Currency notes impregnated with plastic thread
C.
Currency notes printed on plastic coated paper
D.
Credit cards mainly issued by the banks
Ans:
Credit cards mainly issued by the banks
Explanation :
0
[17]When the loan is granted for purchase of white goods it is called
A.
Consumption loan
B.
White goods loan
C.
Consumer durable loan
D.
Business loan
Ans:
Consumer durable loan
Explanation :
0
[18]When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
A.
RBI advances money to public whenever there is any emergency
B.
Commercial banks give fund to the RBI
C.
RBI advances necessary credit against eligible securities
D.
All of the above
Ans:
RBI advances necessary credit against eligible securities
Explanation :
0
[19]What is the cost of credit expressed as a percentage on a yearly basis called?
A.
APR
B.
APY
C.
WPI
D.
All of the above
Ans:
APR
Explanation :
0
[20]The Difference between Gross Domestic product and Net Domestic product is
A.
Government Revenue
B.
Net Indirect Tax (Indirect Tax Subsidy)
C.
Consumption of fixed Capital
D.
Net Capital Formation
Ans:
Net Capital Formation
Explanation :
0
[21]PAN number is required for all transactions above:
A.
Rs. 25,000
B.
Rs. 50,000
C.
Rs. 1 lakh
D.
Rs. 2 lakh
Ans:
Rs. 2 lakh
Explanation :
0
[22]SEBI was established in the year
A.
1994
B.
1990
C.
1992
D.
1982
Ans:
1992
Explanation :
0
[23]Recently, Yeldi Softcom received a licence for RBI to set up which of the following?
A.
open wallet
B.
semi-closed wallet
C.
closed wallet
D.
semi-open wallet
Ans:
semi-closed wallet
Explanation :
0
[24]Each Regional Rural Bank is managed by
A.
Board of Directors
B.
Reserve Bank
C.
Sponsoring commercial bank
D.
None of the above
Ans:
Board of Directors
Explanation :
0
[25]What is the full form of CBS?
A.
Core Banking Solution
B.
Core Banking Software
C.
Core Banking System
D.
Core Banking Service
Ans:
Core Banking Solution
Explanation :
0
Explanation :
0
[2]In which of the following market does devaluation of currency happen?
A.
Fixed exchange rate
B.
Floating exchange rate
C.
Pegged exchange rate
D.
Either A or B
Ans:
Fixed exchange rate
Explanation :
0
[3]Blending Modernity with Tradition‖ is the slogan of
A.
State Bank of Patiala
B.
SBI
C.
SBH
D.
SBM
Ans:
State Bank of Patiala
Explanation :
0
[4]Balance in a current account is classified as –
A.
Hybrid deposit
B.
Term deposit
C.
Demand deposit
D.
Flexi deposit
Ans:
Demand deposit
Explanation :
0
[5]FII Stands for
A.
Foreign Institutional Investor
B.
Foreign International Investor
C.
Forward Institutional Investor
D.
Formal Institutional Investor
Ans:
Foreign Institutional Investor
Explanation :
0
[6]Which of the following organizations issue the rules of global trade?
A.
Foreign trade
B.
G-20
C.
World Trade Organization
D.
IMF
Ans:
World Trade Organization
Explanation :
0
[7]Who are the major players in the call money markets?
A.
Banks
B.
Insurance companies
C.
Development Financial Institutions
D.
All of the above
Ans:
All of the above
Explanation :
0
[8]Paid-up share capital of Regional Rural Bank is contributed by
A.
Central Government only
B.
State Government only
C.
Central Government, State Government and the sponsor commercial bank in the ratio of 50: 15 :35 respectively
D.
NABARD, the concerned State Government and the sponsor commercial bank in the ratio of 60 : 20 :20 respectively
Ans:
Central Government, State Government and the sponsor commercial bank in the ratio of 50: 15 :35 respectively
Explanation :
0
[9]The maximum amount of the total Revenue earned by the government of India comes from:
A.
Income Tax
B.
Customs Duty
C.
Excise Duty
D.
Value Added Tax
Ans:
Excise Duty
Explanation :
0
[10]RBI issue currency rupee notes on bases of
A.
By holding minimum value of gold coins and bullion
B.
By holding minimum foreign securities as a bapart of the total approved assets
C.
By holding minimum amount of commodities which are trading in commodity exchanges
D.
Only a and b
Ans:
Only a and b
Explanation :
0
[11]What is inflation?
A.
increase in value of currency
B.
decrease in value of currency
C.
increase in value of commodities
D.
decrease in value of commodities
Ans:
increase in value of commodities
Explanation :
0
[12]RBI issued its first banknote in Jan 1938 bearing the portrait of George IV. What was its denomination?
A.
Rs. 5
B.
Rs. 10
C.
Rs. 1
D.
Rs. 2
Ans:
Rs. 5
Explanation :
0
[13]Asset Reconstruction Company is associated with.
A.
DICGC
B.
ECGC
C.
NPA
D.
SEBI
Ans:
NPA
Explanation :
0
[14]Which of the following is an example for Long Investment Option?
A.
Fixed deposit
B.
Money market
C.
Public provident fund
D.
Saving accounts
Ans:
Public provident fund
Explanation :
0
[15]Indian Financial Network [INFINET] is the :-
A.
communication backbone for the Indian Banking and Financial sector
B.
association of the employers of the banking and financial sector
C.
closed user group network of SBI and its subsidiaries
D.
all of the above
Ans:
association of the employers of the banking and financial sector
Explanation :
0
[16]The term plastic money applies to
A.
Bank draft made of plastic coated paper
B.
Currency notes impregnated with plastic thread
C.
Currency notes printed on plastic coated paper
D.
Credit cards mainly issued by the banks
Ans:
Credit cards mainly issued by the banks
Explanation :
0
[17]When the loan is granted for purchase of white goods it is called
A.
Consumption loan
B.
White goods loan
C.
Consumer durable loan
D.
Business loan
Ans:
Consumer durable loan
Explanation :
0
[18]When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
A.
RBI advances money to public whenever there is any emergency
B.
Commercial banks give fund to the RBI
C.
RBI advances necessary credit against eligible securities
D.
All of the above
Ans:
RBI advances necessary credit against eligible securities
Explanation :
0
[19]What is the cost of credit expressed as a percentage on a yearly basis called?
A.
APR
B.
APY
C.
WPI
D.
All of the above
Ans:
APR
Explanation :
0
[20]The Difference between Gross Domestic product and Net Domestic product is
A.
Government Revenue
B.
Net Indirect Tax (Indirect Tax Subsidy)
C.
Consumption of fixed Capital
D.
Net Capital Formation
Ans:
Net Capital Formation
Explanation :
0
[21]PAN number is required for all transactions above:
A.
Rs. 25,000
B.
Rs. 50,000
C.
Rs. 1 lakh
D.
Rs. 2 lakh
Ans:
Rs. 2 lakh
Explanation :
0
[22]SEBI was established in the year
A.
1994
B.
1990
C.
1992
D.
1982
Ans:
1992
Explanation :
0
[23]Recently, Yeldi Softcom received a licence for RBI to set up which of the following?
A.
open wallet
B.
semi-closed wallet
C.
closed wallet
D.
semi-open wallet
Ans:
semi-closed wallet
Explanation :
0
[24]Each Regional Rural Bank is managed by
A.
Board of Directors
B.
Reserve Bank
C.
Sponsoring commercial bank
D.
None of the above
Ans:
Board of Directors
Explanation :
0
[25]What is the full form of CBS?
A.
Core Banking Solution
B.
Core Banking Software
C.
Core Banking System
D.
Core Banking Service
Ans:
Core Banking Solution
Explanation :
0
Explanation :
0
[4]Balance in a current account is classified as –
A.
Hybrid deposit
B.
Term deposit
C.
Demand deposit
D.
Flexi deposit
Ans:
Demand deposit
Explanation :
0
[5]FII Stands for
A.
Foreign Institutional Investor
B.
Foreign International Investor
C.
Forward Institutional Investor
D.
Formal Institutional Investor
Ans:
Foreign Institutional Investor
Explanation :
0
[6]Which of the following organizations issue the rules of global trade?
A.
Foreign trade
B.
G-20
C.
World Trade Organization
D.
IMF
Ans:
World Trade Organization
Explanation :
0
[7]Who are the major players in the call money markets?
A.
Banks
B.
Insurance companies
C.
Development Financial Institutions
D.
All of the above
Ans:
All of the above
Explanation :
0
[8]Paid-up share capital of Regional Rural Bank is contributed by
A.
Central Government only
B.
State Government only
C.
Central Government, State Government and the sponsor commercial bank in the ratio of 50: 15 :35 respectively
D.
NABARD, the concerned State Government and the sponsor commercial bank in the ratio of 60 : 20 :20 respectively
Ans:
Central Government, State Government and the sponsor commercial bank in the ratio of 50: 15 :35 respectively
Explanation :
0
[9]The maximum amount of the total Revenue earned by the government of India comes from:
A.
Income Tax
B.
Customs Duty
C.
Excise Duty
D.
Value Added Tax
Ans:
Excise Duty
Explanation :
0
[10]RBI issue currency rupee notes on bases of
A.
By holding minimum value of gold coins and bullion
B.
By holding minimum foreign securities as a bapart of the total approved assets
C.
By holding minimum amount of commodities which are trading in commodity exchanges
D.
Only a and b
Ans:
Only a and b
Explanation :
0
[11]What is inflation?
A.
increase in value of currency
B.
decrease in value of currency
C.
increase in value of commodities
D.
decrease in value of commodities
Ans:
increase in value of commodities
Explanation :
0
[12]RBI issued its first banknote in Jan 1938 bearing the portrait of George IV. What was its denomination?
A.
Rs. 5
B.
Rs. 10
C.
Rs. 1
D.
Rs. 2
Ans:
Rs. 5
Explanation :
0
[13]Asset Reconstruction Company is associated with.
A.
DICGC
B.
ECGC
C.
NPA
D.
SEBI
Ans:
NPA
Explanation :
0
[14]Which of the following is an example for Long Investment Option?
A.
Fixed deposit
B.
Money market
C.
Public provident fund
D.
Saving accounts
Ans:
Public provident fund
Explanation :
0
[15]Indian Financial Network [INFINET] is the :-
A.
communication backbone for the Indian Banking and Financial sector
B.
association of the employers of the banking and financial sector
C.
closed user group network of SBI and its subsidiaries
D.
all of the above
Ans:
association of the employers of the banking and financial sector
Explanation :
0
[16]The term plastic money applies to
A.
Bank draft made of plastic coated paper
B.
Currency notes impregnated with plastic thread
C.
Currency notes printed on plastic coated paper
D.
Credit cards mainly issued by the banks
Ans:
Credit cards mainly issued by the banks
Explanation :
0
[17]When the loan is granted for purchase of white goods it is called
A.
Consumption loan
B.
White goods loan
C.
Consumer durable loan
D.
Business loan
Ans:
Consumer durable loan
Explanation :
0
[18]When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
A.
RBI advances money to public whenever there is any emergency
B.
Commercial banks give fund to the RBI
C.
RBI advances necessary credit against eligible securities
D.
All of the above
Ans:
RBI advances necessary credit against eligible securities
Explanation :
0
[19]What is the cost of credit expressed as a percentage on a yearly basis called?
A.
APR
B.
APY
C.
WPI
D.
All of the above
Ans:
APR
Explanation :
0
[20]The Difference between Gross Domestic product and Net Domestic product is
A.
Government Revenue
B.
Net Indirect Tax (Indirect Tax Subsidy)
C.
Consumption of fixed Capital
D.
Net Capital Formation
Ans:
Net Capital Formation
Explanation :
0
[21]PAN number is required for all transactions above:
A.
Rs. 25,000
B.
Rs. 50,000
C.
Rs. 1 lakh
D.
Rs. 2 lakh
Ans:
Rs. 2 lakh
Explanation :
0
[22]SEBI was established in the year
A.
1994
B.
1990
C.
1992
D.
1982
Ans:
1992
Explanation :
0
[23]Recently, Yeldi Softcom received a licence for RBI to set up which of the following?
A.
open wallet
B.
semi-closed wallet
C.
closed wallet
D.
semi-open wallet
Ans:
semi-closed wallet
Explanation :
0
[24]Each Regional Rural Bank is managed by
A.
Board of Directors
B.
Reserve Bank
C.
Sponsoring commercial bank
D.
None of the above
Ans:
Board of Directors
Explanation :
0
[25]What is the full form of CBS?
A.
Core Banking Solution
B.
Core Banking Software
C.
Core Banking System
D.
Core Banking Service
Ans:
Core Banking Solution
Explanation :
0
Explanation :
0
[6]Which of the following organizations issue the rules of global trade?
A.
Foreign trade
B.
G-20
C.
World Trade Organization
D.
IMF
Ans:
World Trade Organization
Explanation :
0
[7]Who are the major players in the call money markets?
A.
Banks
B.
Insurance companies
C.
Development Financial Institutions
D.
All of the above
Ans:
All of the above
Explanation :
0
[8]Paid-up share capital of Regional Rural Bank is contributed by
A.
Central Government only
B.
State Government only
C.
Central Government, State Government and the sponsor commercial bank in the ratio of 50: 15 :35 respectively
D.
NABARD, the concerned State Government and the sponsor commercial bank in the ratio of 60 : 20 :20 respectively
Ans:
Central Government, State Government and the sponsor commercial bank in the ratio of 50: 15 :35 respectively
Explanation :
0
[9]The maximum amount of the total Revenue earned by the government of India comes from:
A.
Income Tax
B.
Customs Duty
C.
Excise Duty
D.
Value Added Tax
Ans:
Excise Duty
Explanation :
0
[10]RBI issue currency rupee notes on bases of
A.
By holding minimum value of gold coins and bullion
B.
By holding minimum foreign securities as a bapart of the total approved assets
C.
By holding minimum amount of commodities which are trading in commodity exchanges
D.
Only a and b
Ans:
Only a and b
Explanation :
0
[11]What is inflation?
A.
increase in value of currency
B.
decrease in value of currency
C.
increase in value of commodities
D.
decrease in value of commodities
Ans:
increase in value of commodities
Explanation :
0
[12]RBI issued its first banknote in Jan 1938 bearing the portrait of George IV. What was its denomination?
A.
Rs. 5
B.
Rs. 10
C.
Rs. 1
D.
Rs. 2
Ans:
Rs. 5
Explanation :
0
[13]Asset Reconstruction Company is associated with.
A.
DICGC
B.
ECGC
C.
NPA
D.
SEBI
Ans:
NPA
Explanation :
0
[14]Which of the following is an example for Long Investment Option?
A.
Fixed deposit
B.
Money market
C.
Public provident fund
D.
Saving accounts
Ans:
Public provident fund
Explanation :
0
[15]Indian Financial Network [INFINET] is the :-
A.
communication backbone for the Indian Banking and Financial sector
B.
association of the employers of the banking and financial sector
C.
closed user group network of SBI and its subsidiaries
D.
all of the above
Ans:
association of the employers of the banking and financial sector
Explanation :
0
[16]The term plastic money applies to
A.
Bank draft made of plastic coated paper
B.
Currency notes impregnated with plastic thread
C.
Currency notes printed on plastic coated paper
D.
Credit cards mainly issued by the banks
Ans:
Credit cards mainly issued by the banks
Explanation :
0
[17]When the loan is granted for purchase of white goods it is called
A.
Consumption loan
B.
White goods loan
C.
Consumer durable loan
D.
Business loan
Ans:
Consumer durable loan
Explanation :
0
[18]When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
A.
RBI advances money to public whenever there is any emergency
B.
Commercial banks give fund to the RBI
C.
RBI advances necessary credit against eligible securities
D.
All of the above
Ans:
RBI advances necessary credit against eligible securities
Explanation :
0
[19]What is the cost of credit expressed as a percentage on a yearly basis called?
A.
APR
B.
APY
C.
WPI
D.
All of the above
Ans:
APR
Explanation :
0
[20]The Difference between Gross Domestic product and Net Domestic product is
A.
Government Revenue
B.
Net Indirect Tax (Indirect Tax Subsidy)
C.
Consumption of fixed Capital
D.
Net Capital Formation
Ans:
Net Capital Formation
Explanation :
0
[21]PAN number is required for all transactions above:
A.
Rs. 25,000
B.
Rs. 50,000
C.
Rs. 1 lakh
D.
Rs. 2 lakh
Ans:
Rs. 2 lakh
Explanation :
0
[22]SEBI was established in the year
A.
1994
B.
1990
C.
1992
D.
1982
Ans:
1992
Explanation :
0
[23]Recently, Yeldi Softcom received a licence for RBI to set up which of the following?
A.
open wallet
B.
semi-closed wallet
C.
closed wallet
D.
semi-open wallet
Ans:
semi-closed wallet
Explanation :
0
[24]Each Regional Rural Bank is managed by
A.
Board of Directors
B.
Reserve Bank
C.
Sponsoring commercial bank
D.
None of the above
Ans:
Board of Directors
Explanation :
0
[25]What is the full form of CBS?
A.
Core Banking Solution
B.
Core Banking Software
C.
Core Banking System
D.
Core Banking Service
Ans:
Core Banking Solution
Explanation :
0
Explanation :
0
[8]Paid-up share capital of Regional Rural Bank is contributed by
A.
Central Government only
B.
State Government only
C.
Central Government, State Government and the sponsor commercial bank in the ratio of 50: 15 :35 respectively
D.
NABARD, the concerned State Government and the sponsor commercial bank in the ratio of 60 : 20 :20 respectively
Ans:
Central Government, State Government and the sponsor commercial bank in the ratio of 50: 15 :35 respectively
Explanation :
0
[9]The maximum amount of the total Revenue earned by the government of India comes from:
A.
Income Tax
B.
Customs Duty
C.
Excise Duty
D.
Value Added Tax
Ans:
Excise Duty
Explanation :
0
[10]RBI issue currency rupee notes on bases of
A.
By holding minimum value of gold coins and bullion
B.
By holding minimum foreign securities as a bapart of the total approved assets
C.
By holding minimum amount of commodities which are trading in commodity exchanges
D.
Only a and b
Ans:
Only a and b
Explanation :
0
[11]What is inflation?
A.
increase in value of currency
B.
decrease in value of currency
C.
increase in value of commodities
D.
decrease in value of commodities
Ans:
increase in value of commodities
Explanation :
0
[12]RBI issued its first banknote in Jan 1938 bearing the portrait of George IV. What was its denomination?
A.
Rs. 5
B.
Rs. 10
C.
Rs. 1
D.
Rs. 2
Ans:
Rs. 5
Explanation :
0
[13]Asset Reconstruction Company is associated with.
A.
DICGC
B.
ECGC
C.
NPA
D.
SEBI
Ans:
NPA
Explanation :
0
[14]Which of the following is an example for Long Investment Option?
A.
Fixed deposit
B.
Money market
C.
Public provident fund
D.
Saving accounts
Ans:
Public provident fund
Explanation :
0
[15]Indian Financial Network [INFINET] is the :-
A.
communication backbone for the Indian Banking and Financial sector
B.
association of the employers of the banking and financial sector
C.
closed user group network of SBI and its subsidiaries
D.
all of the above
Ans:
association of the employers of the banking and financial sector
Explanation :
0
[16]The term plastic money applies to
A.
Bank draft made of plastic coated paper
B.
Currency notes impregnated with plastic thread
C.
Currency notes printed on plastic coated paper
D.
Credit cards mainly issued by the banks
Ans:
Credit cards mainly issued by the banks
Explanation :
0
[17]When the loan is granted for purchase of white goods it is called
A.
Consumption loan
B.
White goods loan
C.
Consumer durable loan
D.
Business loan
Ans:
Consumer durable loan
Explanation :
0
[18]When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
A.
RBI advances money to public whenever there is any emergency
B.
Commercial banks give fund to the RBI
C.
RBI advances necessary credit against eligible securities
D.
All of the above
Ans:
RBI advances necessary credit against eligible securities
Explanation :
0
[19]What is the cost of credit expressed as a percentage on a yearly basis called?
A.
APR
B.
APY
C.
WPI
D.
All of the above
Ans:
APR
Explanation :
0
[20]The Difference between Gross Domestic product and Net Domestic product is
A.
Government Revenue
B.
Net Indirect Tax (Indirect Tax Subsidy)
C.
Consumption of fixed Capital
D.
Net Capital Formation
Ans:
Net Capital Formation
Explanation :
0
[21]PAN number is required for all transactions above:
A.
Rs. 25,000
B.
Rs. 50,000
C.
Rs. 1 lakh
D.
Rs. 2 lakh
Ans:
Rs. 2 lakh
Explanation :
0
[22]SEBI was established in the year
A.
1994
B.
1990
C.
1992
D.
1982
Ans:
1992
Explanation :
0
[23]Recently, Yeldi Softcom received a licence for RBI to set up which of the following?
A.
open wallet
B.
semi-closed wallet
C.
closed wallet
D.
semi-open wallet
Ans:
semi-closed wallet
Explanation :
0
[24]Each Regional Rural Bank is managed by
A.
Board of Directors
B.
Reserve Bank
C.
Sponsoring commercial bank
D.
None of the above
Ans:
Board of Directors
Explanation :
0
[25]What is the full form of CBS?
A.
Core Banking Solution
B.
Core Banking Software
C.
Core Banking System
D.
Core Banking Service
Ans:
Core Banking Solution
Explanation :
0
Explanation :
0
[10]RBI issue currency rupee notes on bases of
A.
By holding minimum value of gold coins and bullion
B.
By holding minimum foreign securities as a bapart of the total approved assets
C.
By holding minimum amount of commodities which are trading in commodity exchanges
D.
Only a and b
Ans:
Only a and b
Explanation :
0
[11]What is inflation?
A.
increase in value of currency
B.
decrease in value of currency
C.
increase in value of commodities
D.
decrease in value of commodities
Ans:
increase in value of commodities
Explanation :
0
[12]RBI issued its first banknote in Jan 1938 bearing the portrait of George IV. What was its denomination?
A.
Rs. 5
B.
Rs. 10
C.
Rs. 1
D.
Rs. 2
Ans:
Rs. 5
Explanation :
0
[13]Asset Reconstruction Company is associated with.
A.
DICGC
B.
ECGC
C.
NPA
D.
SEBI
Ans:
NPA
Explanation :
0
[14]Which of the following is an example for Long Investment Option?
A.
Fixed deposit
B.
Money market
C.
Public provident fund
D.
Saving accounts
Ans:
Public provident fund
Explanation :
0
[15]Indian Financial Network [INFINET] is the :-
A.
communication backbone for the Indian Banking and Financial sector
B.
association of the employers of the banking and financial sector
C.
closed user group network of SBI and its subsidiaries
D.
all of the above
Ans:
association of the employers of the banking and financial sector
Explanation :
0
[16]The term plastic money applies to
A.
Bank draft made of plastic coated paper
B.
Currency notes impregnated with plastic thread
C.
Currency notes printed on plastic coated paper
D.
Credit cards mainly issued by the banks
Ans:
Credit cards mainly issued by the banks
Explanation :
0
[17]When the loan is granted for purchase of white goods it is called
A.
Consumption loan
B.
White goods loan
C.
Consumer durable loan
D.
Business loan
Ans:
Consumer durable loan
Explanation :
0
[18]When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
A.
RBI advances money to public whenever there is any emergency
B.
Commercial banks give fund to the RBI
C.
RBI advances necessary credit against eligible securities
D.
All of the above
Ans:
RBI advances necessary credit against eligible securities
Explanation :
0
[19]What is the cost of credit expressed as a percentage on a yearly basis called?
A.
APR
B.
APY
C.
WPI
D.
All of the above
Ans:
APR
Explanation :
0
[20]The Difference between Gross Domestic product and Net Domestic product is
A.
Government Revenue
B.
Net Indirect Tax (Indirect Tax Subsidy)
C.
Consumption of fixed Capital
D.
Net Capital Formation
Ans:
Net Capital Formation
Explanation :
0
[21]PAN number is required for all transactions above:
A.
Rs. 25,000
B.
Rs. 50,000
C.
Rs. 1 lakh
D.
Rs. 2 lakh
Ans:
Rs. 2 lakh
Explanation :
0
[22]SEBI was established in the year
A.
1994
B.
1990
C.
1992
D.
1982
Ans:
1992
Explanation :
0
[23]Recently, Yeldi Softcom received a licence for RBI to set up which of the following?
A.
open wallet
B.
semi-closed wallet
C.
closed wallet
D.
semi-open wallet
Ans:
semi-closed wallet
Explanation :
0
[24]Each Regional Rural Bank is managed by
A.
Board of Directors
B.
Reserve Bank
C.
Sponsoring commercial bank
D.
None of the above
Ans:
Board of Directors
Explanation :
0
[25]What is the full form of CBS?
A.
Core Banking Solution
B.
Core Banking Software
C.
Core Banking System
D.
Core Banking Service
Ans:
Core Banking Solution
Explanation :
0
Explanation :
0
[12]RBI issued its first banknote in Jan 1938 bearing the portrait of George IV. What was its denomination?
A.
Rs. 5
B.
Rs. 10
C.
Rs. 1
D.
Rs. 2
Ans:
Rs. 5
Explanation :
0
[13]Asset Reconstruction Company is associated with.
A.
DICGC
B.
ECGC
C.
NPA
D.
SEBI
Ans:
NPA
Explanation :
0
[14]Which of the following is an example for Long Investment Option?
A.
Fixed deposit
B.
Money market
C.
Public provident fund
D.
Saving accounts
Ans:
Public provident fund
Explanation :
0
[15]Indian Financial Network [INFINET] is the :-
A.
communication backbone for the Indian Banking and Financial sector
B.
association of the employers of the banking and financial sector
C.
closed user group network of SBI and its subsidiaries
D.
all of the above
Ans:
association of the employers of the banking and financial sector
Explanation :
0
[16]The term plastic money applies to
A.
Bank draft made of plastic coated paper
B.
Currency notes impregnated with plastic thread
C.
Currency notes printed on plastic coated paper
D.
Credit cards mainly issued by the banks
Ans:
Credit cards mainly issued by the banks
Explanation :
0
[17]When the loan is granted for purchase of white goods it is called
A.
Consumption loan
B.
White goods loan
C.
Consumer durable loan
D.
Business loan
Ans:
Consumer durable loan
Explanation :
0
[18]When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
A.
RBI advances money to public whenever there is any emergency
B.
Commercial banks give fund to the RBI
C.
RBI advances necessary credit against eligible securities
D.
All of the above
Ans:
RBI advances necessary credit against eligible securities
Explanation :
0
[19]What is the cost of credit expressed as a percentage on a yearly basis called?
A.
APR
B.
APY
C.
WPI
D.
All of the above
Ans:
APR
Explanation :
0
[20]The Difference between Gross Domestic product and Net Domestic product is
A.
Government Revenue
B.
Net Indirect Tax (Indirect Tax Subsidy)
C.
Consumption of fixed Capital
D.
Net Capital Formation
Ans:
Net Capital Formation
Explanation :
0
[21]PAN number is required for all transactions above:
A.
Rs. 25,000
B.
Rs. 50,000
C.
Rs. 1 lakh
D.
Rs. 2 lakh
Ans:
Rs. 2 lakh
Explanation :
0
[22]SEBI was established in the year
A.
1994
B.
1990
C.
1992
D.
1982
Ans:
1992
Explanation :
0
[23]Recently, Yeldi Softcom received a licence for RBI to set up which of the following?
A.
open wallet
B.
semi-closed wallet
C.
closed wallet
D.
semi-open wallet
Ans:
semi-closed wallet
Explanation :
0
[24]Each Regional Rural Bank is managed by
A.
Board of Directors
B.
Reserve Bank
C.
Sponsoring commercial bank
D.
None of the above
Ans:
Board of Directors
Explanation :
0
[25]What is the full form of CBS?
A.
Core Banking Solution
B.
Core Banking Software
C.
Core Banking System
D.
Core Banking Service
Ans:
Core Banking Solution
Explanation :
0
Explanation :
0
[14]Which of the following is an example for Long Investment Option?
A.
Fixed deposit
B.
Money market
C.
Public provident fund
D.
Saving accounts
Ans:
Public provident fund
Explanation :
0
[15]Indian Financial Network [INFINET] is the :-
A.
communication backbone for the Indian Banking and Financial sector
B.
association of the employers of the banking and financial sector
C.
closed user group network of SBI and its subsidiaries
D.
all of the above
Ans:
association of the employers of the banking and financial sector
Explanation :
0
[16]The term plastic money applies to
A.
Bank draft made of plastic coated paper
B.
Currency notes impregnated with plastic thread
C.
Currency notes printed on plastic coated paper
D.
Credit cards mainly issued by the banks
Ans:
Credit cards mainly issued by the banks
Explanation :
0
[17]When the loan is granted for purchase of white goods it is called
A.
Consumption loan
B.
White goods loan
C.
Consumer durable loan
D.
Business loan
Ans:
Consumer durable loan
Explanation :
0
[18]When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
A.
RBI advances money to public whenever there is any emergency
B.
Commercial banks give fund to the RBI
C.
RBI advances necessary credit against eligible securities
D.
All of the above
Ans:
RBI advances necessary credit against eligible securities
Explanation :
0
[19]What is the cost of credit expressed as a percentage on a yearly basis called?
A.
APR
B.
APY
C.
WPI
D.
All of the above
Ans:
APR
Explanation :
0
[20]The Difference between Gross Domestic product and Net Domestic product is
A.
Government Revenue
B.
Net Indirect Tax (Indirect Tax Subsidy)
C.
Consumption of fixed Capital
D.
Net Capital Formation
Ans:
Net Capital Formation
Explanation :
0
[21]PAN number is required for all transactions above:
A.
Rs. 25,000
B.
Rs. 50,000
C.
Rs. 1 lakh
D.
Rs. 2 lakh
Ans:
Rs. 2 lakh
Explanation :
0
[22]SEBI was established in the year
A.
1994
B.
1990
C.
1992
D.
1982
Ans:
1992
Explanation :
0
[23]Recently, Yeldi Softcom received a licence for RBI to set up which of the following?
A.
open wallet
B.
semi-closed wallet
C.
closed wallet
D.
semi-open wallet
Ans:
semi-closed wallet
Explanation :
0
[24]Each Regional Rural Bank is managed by
A.
Board of Directors
B.
Reserve Bank
C.
Sponsoring commercial bank
D.
None of the above
Ans:
Board of Directors
Explanation :
0
[25]What is the full form of CBS?
A.
Core Banking Solution
B.
Core Banking Software
C.
Core Banking System
D.
Core Banking Service
Ans:
Core Banking Solution
Explanation :
0
Explanation :
0
[16]The term plastic money applies to
A.
Bank draft made of plastic coated paper
B.
Currency notes impregnated with plastic thread
C.
Currency notes printed on plastic coated paper
D.
Credit cards mainly issued by the banks
Ans:
Credit cards mainly issued by the banks
Explanation :
0
[17]When the loan is granted for purchase of white goods it is called
A.
Consumption loan
B.
White goods loan
C.
Consumer durable loan
D.
Business loan
Ans:
Consumer durable loan
Explanation :
0
[18]When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
A.
RBI advances money to public whenever there is any emergency
B.
Commercial banks give fund to the RBI
C.
RBI advances necessary credit against eligible securities
D.
All of the above
Ans:
RBI advances necessary credit against eligible securities
Explanation :
0
[19]What is the cost of credit expressed as a percentage on a yearly basis called?
A.
APR
B.
APY
C.
WPI
D.
All of the above
Ans:
APR
Explanation :
0
[20]The Difference between Gross Domestic product and Net Domestic product is
A.
Government Revenue
B.
Net Indirect Tax (Indirect Tax Subsidy)
C.
Consumption of fixed Capital
D.
Net Capital Formation
Ans:
Net Capital Formation
Explanation :
0
[21]PAN number is required for all transactions above:
A.
Rs. 25,000
B.
Rs. 50,000
C.
Rs. 1 lakh
D.
Rs. 2 lakh
Ans:
Rs. 2 lakh
Explanation :
0
[22]SEBI was established in the year
A.
1994
B.
1990
C.
1992
D.
1982
Ans:
1992
Explanation :
0
[23]Recently, Yeldi Softcom received a licence for RBI to set up which of the following?
A.
open wallet
B.
semi-closed wallet
C.
closed wallet
D.
semi-open wallet
Ans:
semi-closed wallet
Explanation :
0
[24]Each Regional Rural Bank is managed by
A.
Board of Directors
B.
Reserve Bank
C.
Sponsoring commercial bank
D.
None of the above
Ans:
Board of Directors
Explanation :
0
[25]What is the full form of CBS?
A.
Core Banking Solution
B.
Core Banking Software
C.
Core Banking System
D.
Core Banking Service
Ans:
Core Banking Solution
Explanation :
0
Explanation :
0
[18]When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
A.
RBI advances money to public whenever there is any emergency
B.
Commercial banks give fund to the RBI
C.
RBI advances necessary credit against eligible securities
D.
All of the above
Ans:
RBI advances necessary credit against eligible securities
Explanation :
0
[19]What is the cost of credit expressed as a percentage on a yearly basis called?
A.
APR
B.
APY
C.
WPI
D.
All of the above
Ans:
APR
Explanation :
0
[20]The Difference between Gross Domestic product and Net Domestic product is
A.
Government Revenue
B.
Net Indirect Tax (Indirect Tax Subsidy)
C.
Consumption of fixed Capital
D.
Net Capital Formation
Ans:
Net Capital Formation
Explanation :
0
[21]PAN number is required for all transactions above:
A.
Rs. 25,000
B.
Rs. 50,000
C.
Rs. 1 lakh
D.
Rs. 2 lakh
Ans:
Rs. 2 lakh
Explanation :
0
[22]SEBI was established in the year
A.
1994
B.
1990
C.
1992
D.
1982
Ans:
1992
Explanation :
0
[23]Recently, Yeldi Softcom received a licence for RBI to set up which of the following?
A.
open wallet
B.
semi-closed wallet
C.
closed wallet
D.
semi-open wallet
Ans:
semi-closed wallet
Explanation :
0
[24]Each Regional Rural Bank is managed by
A.
Board of Directors
B.
Reserve Bank
C.
Sponsoring commercial bank
D.
None of the above
Ans:
Board of Directors
Explanation :
0
[25]What is the full form of CBS?
A.
Core Banking Solution
B.
Core Banking Software
C.
Core Banking System
D.
Core Banking Service
Ans:
Core Banking Solution
Explanation :
0
Explanation :
0
[20]The Difference between Gross Domestic product and Net Domestic product is
A.
Government Revenue
B.
Net Indirect Tax (Indirect Tax Subsidy)
C.
Consumption of fixed Capital
D.
Net Capital Formation
Ans:
Net Capital Formation
Explanation :
0
[21]PAN number is required for all transactions above:
A.
Rs. 25,000
B.
Rs. 50,000
C.
Rs. 1 lakh
D.
Rs. 2 lakh
Ans:
Rs. 2 lakh
Explanation :
0
[22]SEBI was established in the year
A.
1994
B.
1990
C.
1992
D.
1982
Ans:
1992
Explanation :
0
[23]Recently, Yeldi Softcom received a licence for RBI to set up which of the following?
A.
open wallet
B.
semi-closed wallet
C.
closed wallet
D.
semi-open wallet
Ans:
semi-closed wallet
Explanation :
0
[24]Each Regional Rural Bank is managed by
A.
Board of Directors
B.
Reserve Bank
C.
Sponsoring commercial bank
D.
None of the above
Ans:
Board of Directors
Explanation :
0
[25]What is the full form of CBS?
A.
Core Banking Solution
B.
Core Banking Software
C.
Core Banking System
D.
Core Banking Service
Ans:
Core Banking Solution
Explanation :
0
Explanation :
0
[22]SEBI was established in the year
A.
1994
B.
1990
C.
1992
D.
1982
Ans:
1992
Explanation :
0
[23]Recently, Yeldi Softcom received a licence for RBI to set up which of the following?
A.
open wallet
B.
semi-closed wallet
C.
closed wallet
D.
semi-open wallet
Ans:
semi-closed wallet
Explanation :
0
[24]Each Regional Rural Bank is managed by
A.
Board of Directors
B.
Reserve Bank
C.
Sponsoring commercial bank
D.
None of the above
Ans:
Board of Directors
Explanation :
0
[25]What is the full form of CBS?
A.
Core Banking Solution
B.
Core Banking Software
C.
Core Banking System
D.
Core Banking Service
Ans:
Core Banking Solution
Explanation :
0
Explanation :
0
[24]Each Regional Rural Bank is managed by
A.
Board of Directors
B.
Reserve Bank
C.
Sponsoring commercial bank
D.
None of the above
Ans:
Board of Directors
Explanation :
0
[25]What is the full form of CBS?
A.
Core Banking Solution
B.
Core Banking Software
C.
Core Banking System
D.
Core Banking Service
Ans:
Core Banking Solution
Explanation :
0
Explanation :
0