[1]Where is NDB headquartered?
A.
Beijing
B.
Chengdu
C.
Hong Kong
D.
Shanghai
Ans:
Shanghai
Explanation :
0
[2]Which of the following public sector bank emblem figures a dog and the words ‗faithful, friendly in it?
A.
Punjab National Bank
B.
SBI
C.
Oriental Bank of Commerce
D.
Syndicate bank
Ans:
Syndicate bank
Explanation :
0
[3]Expand the term FRBM
A.
Financial Responsibility and Business Management
B.
Fiscal Responsibility and Business Management
C.
Financial Responsibility and Budget Management
D.
Fiscal Responsibility and Budget Management
Ans:
Fiscal Responsibility and Budget Management
Explanation :
0
[4]What is the maximum age for MD and CEO in Private Sector Banks set by RBI?
A.
70
B.
75
C.
60
D.
80
Ans:
70
Explanation :
0
[5]IFSC in a cheque means:
A.
Indian Financial System Code
B.
It has 11 digits alpha numeric
C.
First 4 digits represent Bank Name
D.
All the above
Ans:
All the above
Explanation :
0
[6]In the financial sector there are many companies who are providing banking like activities though they are not recognized as banks. How is this baparticular type of activity known as?
A.
Informal banking
B.
Indigenous banking
C.
Shadow banking
D.
Development banking
Ans:
Shadow banking
Explanation :
0
[7]Escrow account is useful/helpful to-
A.
importers
B.
exporters
C.
people
D.
Assets
Ans:
exporters
Explanation :
0
[8]In India Mutual Funds are regulated by
A.
Securities and Exchange Board of India
B.
Reserve Bank of India
C.
State Bank of India
D.
Small Industrial Development Bank of India
Ans:
Securities and Exchange Board of India
Explanation :
0
[9]Capital market can be divided into
A.
industrial securities market
B.
gilt edged market
C.
personal securities market
D.
both a) and b)
Ans:
both a) and b)
Explanation :
0
[10]Credit is a
A.
Stock concept
B.
Flow concept
C.
A stock-flow concept
D.
A holding concept
Ans:
A stock-flow concept
Explanation :
0
[11]Providing banking services to a customer without his entrance inside the banks branch is called as:
A.
Virtual banking
B.
Relationship banking
C.
Universal banking
D.
Mobile banking
Ans:
Virtual banking
Explanation :
0
[12]Which term refers closure of the loan account prior to the tenure fixed for the account?
A.
Pre Approved
B.
Pre Closure
C.
Personal Disposable
D.
All of the above
Ans:
Pre Closure
Explanation :
0
[13]A bond issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate of Interest) is called
A.
Preference Bond
B.
Zero Coupon Bond
C.
Convertible Bond
D.
Perpetual Bond
Ans:
Zero Coupon Bond
Explanation :
0
[14]What is the name of technology given to the recently introduced computerised clearance of cheques:
A.
Automatic clearance
B.
MICR
C.
Speedline System
D.
Special clearning
Ans:
MICR
Explanation :
0
[15]How many types of PSLCs can be issued by the Banks?
A.
Four
B.
Five
C.
Six
D.
Eight
Ans:
Four
Explanation :
0
[16]Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?
A.
LIC
B.
SIDBI
C.
NABARD
D.
SBI
Ans:
SBI
Explanation :
0
[17]Which of the following is the first universal bank of India?
A.
HDFC
B.
Axis Bank
C.
ICICI
D.
Federal Bank
Ans:
ICICI
Explanation :
0
[18]Increase in net RBI creit for central government represents-
A.
Budgetary deficit
B.
monetized deficit
C.
Fiscal deficit
D.
Revenue deficit
Ans:
monetized deficit
Explanation :
0
[19]Banks keep notes/ coins in Currency Chest on Behalf of which of the following?
A.
Their own self
B.
The Central Government
C.
The Reserve Bank of India
D.
Their Head Office
Ans:
The Reserve Bank of India
Explanation :
0
[20]The issued/paid-up capital of a Regional Rural Bank should be
A.
Rs. 5 lakh
B.
minimum Rs 25 lac and maximum Rs 100 lac
C.
Rs. 80 lac
D.
Rs 60 lac
Ans:
minimum Rs 25 lac and maximum Rs 100 lac
Explanation :
0
[21]Cheque truncation means:
A.
Tearing a cheque into two or more pieces
B.
Sending the Photostat copy of a cheque in collection
C.
Using the electronic image of a cheque
D.
Keeping the Photostat copy of a cheque with collecting bank before sending the original cheque to the drawee branch
Ans:
Using the electronic image of a cheque
Explanation :
0
[22]As bapart of FATCA compliance, the Central Board of Direct Taxes (CBDT) has asked the banks/financial institutions to link their accounts with Aadhar number and self-certification from customers by April 30th, 2017 to avoid closure of accounts. FATCA stands for-
A.
Foreign Account Tax Compliance Act
B.
Foreign Account Tax Compliance Assistant
C.
Foreign Account Tenure Compliance Act
D.
Foreign Account Tax Companies Assembly
Ans:
Foreign Account Tax Compliance Act
Explanation :
0
[23]Which of the following agencies in India is responsible for computation of national income?
A.
NCAER
B.
CSO
C.
NSS
D.
RBI
Ans:
CSO
Explanation :
0
[24]AML Stands for
A.
Anti Monitory Limit
B.
Anti Money Laundering
C.
Always money laundering
D.
Anytime Money Laundering
Ans:
Anti Money Laundering
Explanation :
0
[25]Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
A.
Basel Committee
B.
UN charter on commercial laws.
C.
World trade organization
D.
International Board of banks and finance
Ans:
Basel Committee
Explanation :
0
Explanation :
0
[2]Which of the following public sector bank emblem figures a dog and the words ‗faithful, friendly in it?
A.
Punjab National Bank
B.
SBI
C.
Oriental Bank of Commerce
D.
Syndicate bank
Ans:
Syndicate bank
Explanation :
0
[3]Expand the term FRBM
A.
Financial Responsibility and Business Management
B.
Fiscal Responsibility and Business Management
C.
Financial Responsibility and Budget Management
D.
Fiscal Responsibility and Budget Management
Ans:
Fiscal Responsibility and Budget Management
Explanation :
0
[4]What is the maximum age for MD and CEO in Private Sector Banks set by RBI?
A.
70
B.
75
C.
60
D.
80
Ans:
70
Explanation :
0
[5]IFSC in a cheque means:
A.
Indian Financial System Code
B.
It has 11 digits alpha numeric
C.
First 4 digits represent Bank Name
D.
All the above
Ans:
All the above
Explanation :
0
[6]In the financial sector there are many companies who are providing banking like activities though they are not recognized as banks. How is this baparticular type of activity known as?
A.
Informal banking
B.
Indigenous banking
C.
Shadow banking
D.
Development banking
Ans:
Shadow banking
Explanation :
0
[7]Escrow account is useful/helpful to-
A.
importers
B.
exporters
C.
people
D.
Assets
Ans:
exporters
Explanation :
0
[8]In India Mutual Funds are regulated by
A.
Securities and Exchange Board of India
B.
Reserve Bank of India
C.
State Bank of India
D.
Small Industrial Development Bank of India
Ans:
Securities and Exchange Board of India
Explanation :
0
[9]Capital market can be divided into
A.
industrial securities market
B.
gilt edged market
C.
personal securities market
D.
both a) and b)
Ans:
both a) and b)
Explanation :
0
[10]Credit is a
A.
Stock concept
B.
Flow concept
C.
A stock-flow concept
D.
A holding concept
Ans:
A stock-flow concept
Explanation :
0
[11]Providing banking services to a customer without his entrance inside the banks branch is called as:
A.
Virtual banking
B.
Relationship banking
C.
Universal banking
D.
Mobile banking
Ans:
Virtual banking
Explanation :
0
[12]Which term refers closure of the loan account prior to the tenure fixed for the account?
A.
Pre Approved
B.
Pre Closure
C.
Personal Disposable
D.
All of the above
Ans:
Pre Closure
Explanation :
0
[13]A bond issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate of Interest) is called
A.
Preference Bond
B.
Zero Coupon Bond
C.
Convertible Bond
D.
Perpetual Bond
Ans:
Zero Coupon Bond
Explanation :
0
[14]What is the name of technology given to the recently introduced computerised clearance of cheques:
A.
Automatic clearance
B.
MICR
C.
Speedline System
D.
Special clearning
Ans:
MICR
Explanation :
0
[15]How many types of PSLCs can be issued by the Banks?
A.
Four
B.
Five
C.
Six
D.
Eight
Ans:
Four
Explanation :
0
[16]Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?
A.
LIC
B.
SIDBI
C.
NABARD
D.
SBI
Ans:
SBI
Explanation :
0
[17]Which of the following is the first universal bank of India?
A.
HDFC
B.
Axis Bank
C.
ICICI
D.
Federal Bank
Ans:
ICICI
Explanation :
0
[18]Increase in net RBI creit for central government represents-
A.
Budgetary deficit
B.
monetized deficit
C.
Fiscal deficit
D.
Revenue deficit
Ans:
monetized deficit
Explanation :
0
[19]Banks keep notes/ coins in Currency Chest on Behalf of which of the following?
A.
Their own self
B.
The Central Government
C.
The Reserve Bank of India
D.
Their Head Office
Ans:
The Reserve Bank of India
Explanation :
0
[20]The issued/paid-up capital of a Regional Rural Bank should be
A.
Rs. 5 lakh
B.
minimum Rs 25 lac and maximum Rs 100 lac
C.
Rs. 80 lac
D.
Rs 60 lac
Ans:
minimum Rs 25 lac and maximum Rs 100 lac
Explanation :
0
[21]Cheque truncation means:
A.
Tearing a cheque into two or more pieces
B.
Sending the Photostat copy of a cheque in collection
C.
Using the electronic image of a cheque
D.
Keeping the Photostat copy of a cheque with collecting bank before sending the original cheque to the drawee branch
Ans:
Using the electronic image of a cheque
Explanation :
0
[22]As bapart of FATCA compliance, the Central Board of Direct Taxes (CBDT) has asked the banks/financial institutions to link their accounts with Aadhar number and self-certification from customers by April 30th, 2017 to avoid closure of accounts. FATCA stands for-
A.
Foreign Account Tax Compliance Act
B.
Foreign Account Tax Compliance Assistant
C.
Foreign Account Tenure Compliance Act
D.
Foreign Account Tax Companies Assembly
Ans:
Foreign Account Tax Compliance Act
Explanation :
0
[23]Which of the following agencies in India is responsible for computation of national income?
A.
NCAER
B.
CSO
C.
NSS
D.
RBI
Ans:
CSO
Explanation :
0
[24]AML Stands for
A.
Anti Monitory Limit
B.
Anti Money Laundering
C.
Always money laundering
D.
Anytime Money Laundering
Ans:
Anti Money Laundering
Explanation :
0
[25]Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
A.
Basel Committee
B.
UN charter on commercial laws.
C.
World trade organization
D.
International Board of banks and finance
Ans:
Basel Committee
Explanation :
0
Explanation :
0
[4]What is the maximum age for MD and CEO in Private Sector Banks set by RBI?
A.
70
B.
75
C.
60
D.
80
Ans:
70
Explanation :
0
[5]IFSC in a cheque means:
A.
Indian Financial System Code
B.
It has 11 digits alpha numeric
C.
First 4 digits represent Bank Name
D.
All the above
Ans:
All the above
Explanation :
0
[6]In the financial sector there are many companies who are providing banking like activities though they are not recognized as banks. How is this baparticular type of activity known as?
A.
Informal banking
B.
Indigenous banking
C.
Shadow banking
D.
Development banking
Ans:
Shadow banking
Explanation :
0
[7]Escrow account is useful/helpful to-
A.
importers
B.
exporters
C.
people
D.
Assets
Ans:
exporters
Explanation :
0
[8]In India Mutual Funds are regulated by
A.
Securities and Exchange Board of India
B.
Reserve Bank of India
C.
State Bank of India
D.
Small Industrial Development Bank of India
Ans:
Securities and Exchange Board of India
Explanation :
0
[9]Capital market can be divided into
A.
industrial securities market
B.
gilt edged market
C.
personal securities market
D.
both a) and b)
Ans:
both a) and b)
Explanation :
0
[10]Credit is a
A.
Stock concept
B.
Flow concept
C.
A stock-flow concept
D.
A holding concept
Ans:
A stock-flow concept
Explanation :
0
[11]Providing banking services to a customer without his entrance inside the banks branch is called as:
A.
Virtual banking
B.
Relationship banking
C.
Universal banking
D.
Mobile banking
Ans:
Virtual banking
Explanation :
0
[12]Which term refers closure of the loan account prior to the tenure fixed for the account?
A.
Pre Approved
B.
Pre Closure
C.
Personal Disposable
D.
All of the above
Ans:
Pre Closure
Explanation :
0
[13]A bond issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate of Interest) is called
A.
Preference Bond
B.
Zero Coupon Bond
C.
Convertible Bond
D.
Perpetual Bond
Ans:
Zero Coupon Bond
Explanation :
0
[14]What is the name of technology given to the recently introduced computerised clearance of cheques:
A.
Automatic clearance
B.
MICR
C.
Speedline System
D.
Special clearning
Ans:
MICR
Explanation :
0
[15]How many types of PSLCs can be issued by the Banks?
A.
Four
B.
Five
C.
Six
D.
Eight
Ans:
Four
Explanation :
0
[16]Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?
A.
LIC
B.
SIDBI
C.
NABARD
D.
SBI
Ans:
SBI
Explanation :
0
[17]Which of the following is the first universal bank of India?
A.
HDFC
B.
Axis Bank
C.
ICICI
D.
Federal Bank
Ans:
ICICI
Explanation :
0
[18]Increase in net RBI creit for central government represents-
A.
Budgetary deficit
B.
monetized deficit
C.
Fiscal deficit
D.
Revenue deficit
Ans:
monetized deficit
Explanation :
0
[19]Banks keep notes/ coins in Currency Chest on Behalf of which of the following?
A.
Their own self
B.
The Central Government
C.
The Reserve Bank of India
D.
Their Head Office
Ans:
The Reserve Bank of India
Explanation :
0
[20]The issued/paid-up capital of a Regional Rural Bank should be
A.
Rs. 5 lakh
B.
minimum Rs 25 lac and maximum Rs 100 lac
C.
Rs. 80 lac
D.
Rs 60 lac
Ans:
minimum Rs 25 lac and maximum Rs 100 lac
Explanation :
0
[21]Cheque truncation means:
A.
Tearing a cheque into two or more pieces
B.
Sending the Photostat copy of a cheque in collection
C.
Using the electronic image of a cheque
D.
Keeping the Photostat copy of a cheque with collecting bank before sending the original cheque to the drawee branch
Ans:
Using the electronic image of a cheque
Explanation :
0
[22]As bapart of FATCA compliance, the Central Board of Direct Taxes (CBDT) has asked the banks/financial institutions to link their accounts with Aadhar number and self-certification from customers by April 30th, 2017 to avoid closure of accounts. FATCA stands for-
A.
Foreign Account Tax Compliance Act
B.
Foreign Account Tax Compliance Assistant
C.
Foreign Account Tenure Compliance Act
D.
Foreign Account Tax Companies Assembly
Ans:
Foreign Account Tax Compliance Act
Explanation :
0
[23]Which of the following agencies in India is responsible for computation of national income?
A.
NCAER
B.
CSO
C.
NSS
D.
RBI
Ans:
CSO
Explanation :
0
[24]AML Stands for
A.
Anti Monitory Limit
B.
Anti Money Laundering
C.
Always money laundering
D.
Anytime Money Laundering
Ans:
Anti Money Laundering
Explanation :
0
[25]Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
A.
Basel Committee
B.
UN charter on commercial laws.
C.
World trade organization
D.
International Board of banks and finance
Ans:
Basel Committee
Explanation :
0
Explanation :
0
[6]In the financial sector there are many companies who are providing banking like activities though they are not recognized as banks. How is this baparticular type of activity known as?
A.
Informal banking
B.
Indigenous banking
C.
Shadow banking
D.
Development banking
Ans:
Shadow banking
Explanation :
0
[7]Escrow account is useful/helpful to-
A.
importers
B.
exporters
C.
people
D.
Assets
Ans:
exporters
Explanation :
0
[8]In India Mutual Funds are regulated by
A.
Securities and Exchange Board of India
B.
Reserve Bank of India
C.
State Bank of India
D.
Small Industrial Development Bank of India
Ans:
Securities and Exchange Board of India
Explanation :
0
[9]Capital market can be divided into
A.
industrial securities market
B.
gilt edged market
C.
personal securities market
D.
both a) and b)
Ans:
both a) and b)
Explanation :
0
[10]Credit is a
A.
Stock concept
B.
Flow concept
C.
A stock-flow concept
D.
A holding concept
Ans:
A stock-flow concept
Explanation :
0
[11]Providing banking services to a customer without his entrance inside the banks branch is called as:
A.
Virtual banking
B.
Relationship banking
C.
Universal banking
D.
Mobile banking
Ans:
Virtual banking
Explanation :
0
[12]Which term refers closure of the loan account prior to the tenure fixed for the account?
A.
Pre Approved
B.
Pre Closure
C.
Personal Disposable
D.
All of the above
Ans:
Pre Closure
Explanation :
0
[13]A bond issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate of Interest) is called
A.
Preference Bond
B.
Zero Coupon Bond
C.
Convertible Bond
D.
Perpetual Bond
Ans:
Zero Coupon Bond
Explanation :
0
[14]What is the name of technology given to the recently introduced computerised clearance of cheques:
A.
Automatic clearance
B.
MICR
C.
Speedline System
D.
Special clearning
Ans:
MICR
Explanation :
0
[15]How many types of PSLCs can be issued by the Banks?
A.
Four
B.
Five
C.
Six
D.
Eight
Ans:
Four
Explanation :
0
[16]Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?
A.
LIC
B.
SIDBI
C.
NABARD
D.
SBI
Ans:
SBI
Explanation :
0
[17]Which of the following is the first universal bank of India?
A.
HDFC
B.
Axis Bank
C.
ICICI
D.
Federal Bank
Ans:
ICICI
Explanation :
0
[18]Increase in net RBI creit for central government represents-
A.
Budgetary deficit
B.
monetized deficit
C.
Fiscal deficit
D.
Revenue deficit
Ans:
monetized deficit
Explanation :
0
[19]Banks keep notes/ coins in Currency Chest on Behalf of which of the following?
A.
Their own self
B.
The Central Government
C.
The Reserve Bank of India
D.
Their Head Office
Ans:
The Reserve Bank of India
Explanation :
0
[20]The issued/paid-up capital of a Regional Rural Bank should be
A.
Rs. 5 lakh
B.
minimum Rs 25 lac and maximum Rs 100 lac
C.
Rs. 80 lac
D.
Rs 60 lac
Ans:
minimum Rs 25 lac and maximum Rs 100 lac
Explanation :
0
[21]Cheque truncation means:
A.
Tearing a cheque into two or more pieces
B.
Sending the Photostat copy of a cheque in collection
C.
Using the electronic image of a cheque
D.
Keeping the Photostat copy of a cheque with collecting bank before sending the original cheque to the drawee branch
Ans:
Using the electronic image of a cheque
Explanation :
0
[22]As bapart of FATCA compliance, the Central Board of Direct Taxes (CBDT) has asked the banks/financial institutions to link their accounts with Aadhar number and self-certification from customers by April 30th, 2017 to avoid closure of accounts. FATCA stands for-
A.
Foreign Account Tax Compliance Act
B.
Foreign Account Tax Compliance Assistant
C.
Foreign Account Tenure Compliance Act
D.
Foreign Account Tax Companies Assembly
Ans:
Foreign Account Tax Compliance Act
Explanation :
0
[23]Which of the following agencies in India is responsible for computation of national income?
A.
NCAER
B.
CSO
C.
NSS
D.
RBI
Ans:
CSO
Explanation :
0
[24]AML Stands for
A.
Anti Monitory Limit
B.
Anti Money Laundering
C.
Always money laundering
D.
Anytime Money Laundering
Ans:
Anti Money Laundering
Explanation :
0
[25]Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
A.
Basel Committee
B.
UN charter on commercial laws.
C.
World trade organization
D.
International Board of banks and finance
Ans:
Basel Committee
Explanation :
0
Explanation :
0
[8]In India Mutual Funds are regulated by
A.
Securities and Exchange Board of India
B.
Reserve Bank of India
C.
State Bank of India
D.
Small Industrial Development Bank of India
Ans:
Securities and Exchange Board of India
Explanation :
0
[9]Capital market can be divided into
A.
industrial securities market
B.
gilt edged market
C.
personal securities market
D.
both a) and b)
Ans:
both a) and b)
Explanation :
0
[10]Credit is a
A.
Stock concept
B.
Flow concept
C.
A stock-flow concept
D.
A holding concept
Ans:
A stock-flow concept
Explanation :
0
[11]Providing banking services to a customer without his entrance inside the banks branch is called as:
A.
Virtual banking
B.
Relationship banking
C.
Universal banking
D.
Mobile banking
Ans:
Virtual banking
Explanation :
0
[12]Which term refers closure of the loan account prior to the tenure fixed for the account?
A.
Pre Approved
B.
Pre Closure
C.
Personal Disposable
D.
All of the above
Ans:
Pre Closure
Explanation :
0
[13]A bond issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate of Interest) is called
A.
Preference Bond
B.
Zero Coupon Bond
C.
Convertible Bond
D.
Perpetual Bond
Ans:
Zero Coupon Bond
Explanation :
0
[14]What is the name of technology given to the recently introduced computerised clearance of cheques:
A.
Automatic clearance
B.
MICR
C.
Speedline System
D.
Special clearning
Ans:
MICR
Explanation :
0
[15]How many types of PSLCs can be issued by the Banks?
A.
Four
B.
Five
C.
Six
D.
Eight
Ans:
Four
Explanation :
0
[16]Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?
A.
LIC
B.
SIDBI
C.
NABARD
D.
SBI
Ans:
SBI
Explanation :
0
[17]Which of the following is the first universal bank of India?
A.
HDFC
B.
Axis Bank
C.
ICICI
D.
Federal Bank
Ans:
ICICI
Explanation :
0
[18]Increase in net RBI creit for central government represents-
A.
Budgetary deficit
B.
monetized deficit
C.
Fiscal deficit
D.
Revenue deficit
Ans:
monetized deficit
Explanation :
0
[19]Banks keep notes/ coins in Currency Chest on Behalf of which of the following?
A.
Their own self
B.
The Central Government
C.
The Reserve Bank of India
D.
Their Head Office
Ans:
The Reserve Bank of India
Explanation :
0
[20]The issued/paid-up capital of a Regional Rural Bank should be
A.
Rs. 5 lakh
B.
minimum Rs 25 lac and maximum Rs 100 lac
C.
Rs. 80 lac
D.
Rs 60 lac
Ans:
minimum Rs 25 lac and maximum Rs 100 lac
Explanation :
0
[21]Cheque truncation means:
A.
Tearing a cheque into two or more pieces
B.
Sending the Photostat copy of a cheque in collection
C.
Using the electronic image of a cheque
D.
Keeping the Photostat copy of a cheque with collecting bank before sending the original cheque to the drawee branch
Ans:
Using the electronic image of a cheque
Explanation :
0
[22]As bapart of FATCA compliance, the Central Board of Direct Taxes (CBDT) has asked the banks/financial institutions to link their accounts with Aadhar number and self-certification from customers by April 30th, 2017 to avoid closure of accounts. FATCA stands for-
A.
Foreign Account Tax Compliance Act
B.
Foreign Account Tax Compliance Assistant
C.
Foreign Account Tenure Compliance Act
D.
Foreign Account Tax Companies Assembly
Ans:
Foreign Account Tax Compliance Act
Explanation :
0
[23]Which of the following agencies in India is responsible for computation of national income?
A.
NCAER
B.
CSO
C.
NSS
D.
RBI
Ans:
CSO
Explanation :
0
[24]AML Stands for
A.
Anti Monitory Limit
B.
Anti Money Laundering
C.
Always money laundering
D.
Anytime Money Laundering
Ans:
Anti Money Laundering
Explanation :
0
[25]Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
A.
Basel Committee
B.
UN charter on commercial laws.
C.
World trade organization
D.
International Board of banks and finance
Ans:
Basel Committee
Explanation :
0
Explanation :
0
[10]Credit is a
A.
Stock concept
B.
Flow concept
C.
A stock-flow concept
D.
A holding concept
Ans:
A stock-flow concept
Explanation :
0
[11]Providing banking services to a customer without his entrance inside the banks branch is called as:
A.
Virtual banking
B.
Relationship banking
C.
Universal banking
D.
Mobile banking
Ans:
Virtual banking
Explanation :
0
[12]Which term refers closure of the loan account prior to the tenure fixed for the account?
A.
Pre Approved
B.
Pre Closure
C.
Personal Disposable
D.
All of the above
Ans:
Pre Closure
Explanation :
0
[13]A bond issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate of Interest) is called
A.
Preference Bond
B.
Zero Coupon Bond
C.
Convertible Bond
D.
Perpetual Bond
Ans:
Zero Coupon Bond
Explanation :
0
[14]What is the name of technology given to the recently introduced computerised clearance of cheques:
A.
Automatic clearance
B.
MICR
C.
Speedline System
D.
Special clearning
Ans:
MICR
Explanation :
0
[15]How many types of PSLCs can be issued by the Banks?
A.
Four
B.
Five
C.
Six
D.
Eight
Ans:
Four
Explanation :
0
[16]Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?
A.
LIC
B.
SIDBI
C.
NABARD
D.
SBI
Ans:
SBI
Explanation :
0
[17]Which of the following is the first universal bank of India?
A.
HDFC
B.
Axis Bank
C.
ICICI
D.
Federal Bank
Ans:
ICICI
Explanation :
0
[18]Increase in net RBI creit for central government represents-
A.
Budgetary deficit
B.
monetized deficit
C.
Fiscal deficit
D.
Revenue deficit
Ans:
monetized deficit
Explanation :
0
[19]Banks keep notes/ coins in Currency Chest on Behalf of which of the following?
A.
Their own self
B.
The Central Government
C.
The Reserve Bank of India
D.
Their Head Office
Ans:
The Reserve Bank of India
Explanation :
0
[20]The issued/paid-up capital of a Regional Rural Bank should be
A.
Rs. 5 lakh
B.
minimum Rs 25 lac and maximum Rs 100 lac
C.
Rs. 80 lac
D.
Rs 60 lac
Ans:
minimum Rs 25 lac and maximum Rs 100 lac
Explanation :
0
[21]Cheque truncation means:
A.
Tearing a cheque into two or more pieces
B.
Sending the Photostat copy of a cheque in collection
C.
Using the electronic image of a cheque
D.
Keeping the Photostat copy of a cheque with collecting bank before sending the original cheque to the drawee branch
Ans:
Using the electronic image of a cheque
Explanation :
0
[22]As bapart of FATCA compliance, the Central Board of Direct Taxes (CBDT) has asked the banks/financial institutions to link their accounts with Aadhar number and self-certification from customers by April 30th, 2017 to avoid closure of accounts. FATCA stands for-
A.
Foreign Account Tax Compliance Act
B.
Foreign Account Tax Compliance Assistant
C.
Foreign Account Tenure Compliance Act
D.
Foreign Account Tax Companies Assembly
Ans:
Foreign Account Tax Compliance Act
Explanation :
0
[23]Which of the following agencies in India is responsible for computation of national income?
A.
NCAER
B.
CSO
C.
NSS
D.
RBI
Ans:
CSO
Explanation :
0
[24]AML Stands for
A.
Anti Monitory Limit
B.
Anti Money Laundering
C.
Always money laundering
D.
Anytime Money Laundering
Ans:
Anti Money Laundering
Explanation :
0
[25]Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
A.
Basel Committee
B.
UN charter on commercial laws.
C.
World trade organization
D.
International Board of banks and finance
Ans:
Basel Committee
Explanation :
0
Explanation :
0
[12]Which term refers closure of the loan account prior to the tenure fixed for the account?
A.
Pre Approved
B.
Pre Closure
C.
Personal Disposable
D.
All of the above
Ans:
Pre Closure
Explanation :
0
[13]A bond issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate of Interest) is called
A.
Preference Bond
B.
Zero Coupon Bond
C.
Convertible Bond
D.
Perpetual Bond
Ans:
Zero Coupon Bond
Explanation :
0
[14]What is the name of technology given to the recently introduced computerised clearance of cheques:
A.
Automatic clearance
B.
MICR
C.
Speedline System
D.
Special clearning
Ans:
MICR
Explanation :
0
[15]How many types of PSLCs can be issued by the Banks?
A.
Four
B.
Five
C.
Six
D.
Eight
Ans:
Four
Explanation :
0
[16]Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?
A.
LIC
B.
SIDBI
C.
NABARD
D.
SBI
Ans:
SBI
Explanation :
0
[17]Which of the following is the first universal bank of India?
A.
HDFC
B.
Axis Bank
C.
ICICI
D.
Federal Bank
Ans:
ICICI
Explanation :
0
[18]Increase in net RBI creit for central government represents-
A.
Budgetary deficit
B.
monetized deficit
C.
Fiscal deficit
D.
Revenue deficit
Ans:
monetized deficit
Explanation :
0
[19]Banks keep notes/ coins in Currency Chest on Behalf of which of the following?
A.
Their own self
B.
The Central Government
C.
The Reserve Bank of India
D.
Their Head Office
Ans:
The Reserve Bank of India
Explanation :
0
[20]The issued/paid-up capital of a Regional Rural Bank should be
A.
Rs. 5 lakh
B.
minimum Rs 25 lac and maximum Rs 100 lac
C.
Rs. 80 lac
D.
Rs 60 lac
Ans:
minimum Rs 25 lac and maximum Rs 100 lac
Explanation :
0
[21]Cheque truncation means:
A.
Tearing a cheque into two or more pieces
B.
Sending the Photostat copy of a cheque in collection
C.
Using the electronic image of a cheque
D.
Keeping the Photostat copy of a cheque with collecting bank before sending the original cheque to the drawee branch
Ans:
Using the electronic image of a cheque
Explanation :
0
[22]As bapart of FATCA compliance, the Central Board of Direct Taxes (CBDT) has asked the banks/financial institutions to link their accounts with Aadhar number and self-certification from customers by April 30th, 2017 to avoid closure of accounts. FATCA stands for-
A.
Foreign Account Tax Compliance Act
B.
Foreign Account Tax Compliance Assistant
C.
Foreign Account Tenure Compliance Act
D.
Foreign Account Tax Companies Assembly
Ans:
Foreign Account Tax Compliance Act
Explanation :
0
[23]Which of the following agencies in India is responsible for computation of national income?
A.
NCAER
B.
CSO
C.
NSS
D.
RBI
Ans:
CSO
Explanation :
0
[24]AML Stands for
A.
Anti Monitory Limit
B.
Anti Money Laundering
C.
Always money laundering
D.
Anytime Money Laundering
Ans:
Anti Money Laundering
Explanation :
0
[25]Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
A.
Basel Committee
B.
UN charter on commercial laws.
C.
World trade organization
D.
International Board of banks and finance
Ans:
Basel Committee
Explanation :
0
Explanation :
0
[14]What is the name of technology given to the recently introduced computerised clearance of cheques:
A.
Automatic clearance
B.
MICR
C.
Speedline System
D.
Special clearning
Ans:
MICR
Explanation :
0
[15]How many types of PSLCs can be issued by the Banks?
A.
Four
B.
Five
C.
Six
D.
Eight
Ans:
Four
Explanation :
0
[16]Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?
A.
LIC
B.
SIDBI
C.
NABARD
D.
SBI
Ans:
SBI
Explanation :
0
[17]Which of the following is the first universal bank of India?
A.
HDFC
B.
Axis Bank
C.
ICICI
D.
Federal Bank
Ans:
ICICI
Explanation :
0
[18]Increase in net RBI creit for central government represents-
A.
Budgetary deficit
B.
monetized deficit
C.
Fiscal deficit
D.
Revenue deficit
Ans:
monetized deficit
Explanation :
0
[19]Banks keep notes/ coins in Currency Chest on Behalf of which of the following?
A.
Their own self
B.
The Central Government
C.
The Reserve Bank of India
D.
Their Head Office
Ans:
The Reserve Bank of India
Explanation :
0
[20]The issued/paid-up capital of a Regional Rural Bank should be
A.
Rs. 5 lakh
B.
minimum Rs 25 lac and maximum Rs 100 lac
C.
Rs. 80 lac
D.
Rs 60 lac
Ans:
minimum Rs 25 lac and maximum Rs 100 lac
Explanation :
0
[21]Cheque truncation means:
A.
Tearing a cheque into two or more pieces
B.
Sending the Photostat copy of a cheque in collection
C.
Using the electronic image of a cheque
D.
Keeping the Photostat copy of a cheque with collecting bank before sending the original cheque to the drawee branch
Ans:
Using the electronic image of a cheque
Explanation :
0
[22]As bapart of FATCA compliance, the Central Board of Direct Taxes (CBDT) has asked the banks/financial institutions to link their accounts with Aadhar number and self-certification from customers by April 30th, 2017 to avoid closure of accounts. FATCA stands for-
A.
Foreign Account Tax Compliance Act
B.
Foreign Account Tax Compliance Assistant
C.
Foreign Account Tenure Compliance Act
D.
Foreign Account Tax Companies Assembly
Ans:
Foreign Account Tax Compliance Act
Explanation :
0
[23]Which of the following agencies in India is responsible for computation of national income?
A.
NCAER
B.
CSO
C.
NSS
D.
RBI
Ans:
CSO
Explanation :
0
[24]AML Stands for
A.
Anti Monitory Limit
B.
Anti Money Laundering
C.
Always money laundering
D.
Anytime Money Laundering
Ans:
Anti Money Laundering
Explanation :
0
[25]Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
A.
Basel Committee
B.
UN charter on commercial laws.
C.
World trade organization
D.
International Board of banks and finance
Ans:
Basel Committee
Explanation :
0
Explanation :
0
[16]Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?
A.
LIC
B.
SIDBI
C.
NABARD
D.
SBI
Ans:
SBI
Explanation :
0
[17]Which of the following is the first universal bank of India?
A.
HDFC
B.
Axis Bank
C.
ICICI
D.
Federal Bank
Ans:
ICICI
Explanation :
0
[18]Increase in net RBI creit for central government represents-
A.
Budgetary deficit
B.
monetized deficit
C.
Fiscal deficit
D.
Revenue deficit
Ans:
monetized deficit
Explanation :
0
[19]Banks keep notes/ coins in Currency Chest on Behalf of which of the following?
A.
Their own self
B.
The Central Government
C.
The Reserve Bank of India
D.
Their Head Office
Ans:
The Reserve Bank of India
Explanation :
0
[20]The issued/paid-up capital of a Regional Rural Bank should be
A.
Rs. 5 lakh
B.
minimum Rs 25 lac and maximum Rs 100 lac
C.
Rs. 80 lac
D.
Rs 60 lac
Ans:
minimum Rs 25 lac and maximum Rs 100 lac
Explanation :
0
[21]Cheque truncation means:
A.
Tearing a cheque into two or more pieces
B.
Sending the Photostat copy of a cheque in collection
C.
Using the electronic image of a cheque
D.
Keeping the Photostat copy of a cheque with collecting bank before sending the original cheque to the drawee branch
Ans:
Using the electronic image of a cheque
Explanation :
0
[22]As bapart of FATCA compliance, the Central Board of Direct Taxes (CBDT) has asked the banks/financial institutions to link their accounts with Aadhar number and self-certification from customers by April 30th, 2017 to avoid closure of accounts. FATCA stands for-
A.
Foreign Account Tax Compliance Act
B.
Foreign Account Tax Compliance Assistant
C.
Foreign Account Tenure Compliance Act
D.
Foreign Account Tax Companies Assembly
Ans:
Foreign Account Tax Compliance Act
Explanation :
0
[23]Which of the following agencies in India is responsible for computation of national income?
A.
NCAER
B.
CSO
C.
NSS
D.
RBI
Ans:
CSO
Explanation :
0
[24]AML Stands for
A.
Anti Monitory Limit
B.
Anti Money Laundering
C.
Always money laundering
D.
Anytime Money Laundering
Ans:
Anti Money Laundering
Explanation :
0
[25]Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
A.
Basel Committee
B.
UN charter on commercial laws.
C.
World trade organization
D.
International Board of banks and finance
Ans:
Basel Committee
Explanation :
0
Explanation :
0
[18]Increase in net RBI creit for central government represents-
A.
Budgetary deficit
B.
monetized deficit
C.
Fiscal deficit
D.
Revenue deficit
Ans:
monetized deficit
Explanation :
0
[19]Banks keep notes/ coins in Currency Chest on Behalf of which of the following?
A.
Their own self
B.
The Central Government
C.
The Reserve Bank of India
D.
Their Head Office
Ans:
The Reserve Bank of India
Explanation :
0
[20]The issued/paid-up capital of a Regional Rural Bank should be
A.
Rs. 5 lakh
B.
minimum Rs 25 lac and maximum Rs 100 lac
C.
Rs. 80 lac
D.
Rs 60 lac
Ans:
minimum Rs 25 lac and maximum Rs 100 lac
Explanation :
0
[21]Cheque truncation means:
A.
Tearing a cheque into two or more pieces
B.
Sending the Photostat copy of a cheque in collection
C.
Using the electronic image of a cheque
D.
Keeping the Photostat copy of a cheque with collecting bank before sending the original cheque to the drawee branch
Ans:
Using the electronic image of a cheque
Explanation :
0
[22]As bapart of FATCA compliance, the Central Board of Direct Taxes (CBDT) has asked the banks/financial institutions to link their accounts with Aadhar number and self-certification from customers by April 30th, 2017 to avoid closure of accounts. FATCA stands for-
A.
Foreign Account Tax Compliance Act
B.
Foreign Account Tax Compliance Assistant
C.
Foreign Account Tenure Compliance Act
D.
Foreign Account Tax Companies Assembly
Ans:
Foreign Account Tax Compliance Act
Explanation :
0
[23]Which of the following agencies in India is responsible for computation of national income?
A.
NCAER
B.
CSO
C.
NSS
D.
RBI
Ans:
CSO
Explanation :
0
[24]AML Stands for
A.
Anti Monitory Limit
B.
Anti Money Laundering
C.
Always money laundering
D.
Anytime Money Laundering
Ans:
Anti Money Laundering
Explanation :
0
[25]Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
A.
Basel Committee
B.
UN charter on commercial laws.
C.
World trade organization
D.
International Board of banks and finance
Ans:
Basel Committee
Explanation :
0
Explanation :
0
[20]The issued/paid-up capital of a Regional Rural Bank should be
A.
Rs. 5 lakh
B.
minimum Rs 25 lac and maximum Rs 100 lac
C.
Rs. 80 lac
D.
Rs 60 lac
Ans:
minimum Rs 25 lac and maximum Rs 100 lac
Explanation :
0
[21]Cheque truncation means:
A.
Tearing a cheque into two or more pieces
B.
Sending the Photostat copy of a cheque in collection
C.
Using the electronic image of a cheque
D.
Keeping the Photostat copy of a cheque with collecting bank before sending the original cheque to the drawee branch
Ans:
Using the electronic image of a cheque
Explanation :
0
[22]As bapart of FATCA compliance, the Central Board of Direct Taxes (CBDT) has asked the banks/financial institutions to link their accounts with Aadhar number and self-certification from customers by April 30th, 2017 to avoid closure of accounts. FATCA stands for-
A.
Foreign Account Tax Compliance Act
B.
Foreign Account Tax Compliance Assistant
C.
Foreign Account Tenure Compliance Act
D.
Foreign Account Tax Companies Assembly
Ans:
Foreign Account Tax Compliance Act
Explanation :
0
[23]Which of the following agencies in India is responsible for computation of national income?
A.
NCAER
B.
CSO
C.
NSS
D.
RBI
Ans:
CSO
Explanation :
0
[24]AML Stands for
A.
Anti Monitory Limit
B.
Anti Money Laundering
C.
Always money laundering
D.
Anytime Money Laundering
Ans:
Anti Money Laundering
Explanation :
0
[25]Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
A.
Basel Committee
B.
UN charter on commercial laws.
C.
World trade organization
D.
International Board of banks and finance
Ans:
Basel Committee
Explanation :
0
Explanation :
0
[22]As bapart of FATCA compliance, the Central Board of Direct Taxes (CBDT) has asked the banks/financial institutions to link their accounts with Aadhar number and self-certification from customers by April 30th, 2017 to avoid closure of accounts. FATCA stands for-
A.
Foreign Account Tax Compliance Act
B.
Foreign Account Tax Compliance Assistant
C.
Foreign Account Tenure Compliance Act
D.
Foreign Account Tax Companies Assembly
Ans:
Foreign Account Tax Compliance Act
Explanation :
0
[23]Which of the following agencies in India is responsible for computation of national income?
A.
NCAER
B.
CSO
C.
NSS
D.
RBI
Ans:
CSO
Explanation :
0
[24]AML Stands for
A.
Anti Monitory Limit
B.
Anti Money Laundering
C.
Always money laundering
D.
Anytime Money Laundering
Ans:
Anti Money Laundering
Explanation :
0
[25]Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
A.
Basel Committee
B.
UN charter on commercial laws.
C.
World trade organization
D.
International Board of banks and finance
Ans:
Basel Committee
Explanation :
0
Explanation :
0
[24]AML Stands for
A.
Anti Monitory Limit
B.
Anti Money Laundering
C.
Always money laundering
D.
Anytime Money Laundering
Ans:
Anti Money Laundering
Explanation :
0
[25]Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
A.
Basel Committee
B.
UN charter on commercial laws.
C.
World trade organization
D.
International Board of banks and finance
Ans:
Basel Committee
Explanation :
0
Explanation :
0