[1]Which of the following is NOT a Nationalized Bank in India?
A.
Union Bank of India
B.
Central Bank of India
C.
Yes Bank
D.
Syndicate Bank
Ans:
Yes Bank
Explanation :
0
[2]Which of the following is the full form of the term SLR as used in the banking sector?
A.
Social Lending Ratio
B.
Statutory Liquidity Ratio
C.
Scheduled Liquidity Rate
D.
Separate Lending Rate
Ans:
Statutory Liquidity Ratio
Explanation :
0
[3]Regulatory Authority for Regional Rural Bank is of
A.
RBI and NABARD
B.
NABARD
C.
RBI
D.
Central bank
Ans:
RBI and NABARD
Explanation :
0
[4]A commercial bank law creates credit only if it has
A.
Cash in the vault
B.
Excess reserves
C.
Permission of Reserve Bank of India
D.
Cooperation of other banks
Ans:
Cash in the vault
Explanation :
0
[5]NSSO headed by a Director General is responsible for conduct of large scale sample surveys in diverse fields on All India basis. NSSO stands for-
A.
Nominal Sample Survey Office
B.
National Sample Survey Office
C.
National Sample Survey Organization
D.
National Sample Service Office
Ans:
National Sample Survey Office
Explanation :
0
[6]What is CTS
A.
Cash Transaction system (in banks)
B.
Cheque Transfer System
C.
Cheque Truncation System
D.
Cash Transfer System
Ans:
Cheque Truncation System
Explanation :
0
[7]Every Banking company is required to use the word Bank in its name and no company other than a Banking company can use the words Bank, Banker or Banking as a bapart of its name as per:
A.
Section 7 of Banking Regulation Act
B.
Section 7 of RBI Act
C.
Section 7 of SEBI Act
D.
Section 7 of Nationalization Act
Ans:
Section 7 of Banking Regulation Act
Explanation :
0
[8]Who is the Chairman of the committee constituted by RBI to study issues and concerns in the Micro Finance Institutions (MFI) Sector?
A.
YH Malegam
B.
Dr. KC Chakraborty
C.
C. Rangrajan
D.
M. Damodaran
Ans:
YH Malegam
Explanation :
0
[9]United Bank of India Limited was formed in 1950 with the amalgamation of:
A.
Comilla Banking Corporation Limited (1914)
B.
Begal Central Bank Limited (1918)
C.
Comilla Union Bank Limited (1922)
D.
All of The Above
Ans:
All of The Above
Explanation :
0
[10]From time – to – time, which among the following body publishes the exchange control Manual‖ in context with the foreign exchange in India?
A.
foreign trade promotion board
B.
debapartment of commerce
C.
reserve bank of India
D.
SEBI
Ans:
reserve bank of India
Explanation :
0
[11] Name the 5 cities where RBI issued plastic notes ?
A.
Kochi,Patna,Delhi,Ahmadabad and Chennai
B.
Jaipur,Shimla,Delhi,Patna and Mimbai
C.
Mumbai,Shimla,Jaipur,Patna and Chennai
D.
Kochi,Mysore,Jaipur,Bhubhaneswar and Shimla
Ans:
Kochi,Mysore,Jaipur,Bhubhaneswar and Shimla
Explanation :
0
[12]In the field of banking, what does ADF stand for?
A.
Additional Dearness Allowance
B.
Automated Data Flow
C.
Additional Deposit Allowance
D.
Automated Deposit Allowance
Ans:
Automated Data Flow
Explanation :
0
[13]Which bank has installed worlds first ATM
A.
City Bank
B.
Royal Bank of Scotland
C.
Barclays
D.
HSBC
Ans:
Barclays
Explanation :
0
[14]Interest payable on savings bank accounts is-
A.
decided by banks without following any conditions by RBI.
B.
not regulated by RBI.
C.
regulated by central government.
D.
decided by banks following the guidelines of RBI
Ans:
decided by banks following the guidelines of RBI
Explanation :
0
[15]When a cheque is drawn on a bank, the bank is called the
A.
Payee
B.
Drawee
C.
Drawer
D.
Endorsee
Ans:
Payee
Explanation :
0
[16]If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the-
A.
Loan Applications Received and Disposal Register
B.
Opinion Reports
C.
Loan Rejection Register
D.
All of the above
Ans:
Loan Applications Received and Disposal Register
Explanation :
0
[17]Banks are increasingly selling Insurance products mainly due to
A.
It helps in increase in deposits of a bank
B.
It helps in growing Loan portfolio of a bank
C.
It helps increase commission income of a bank
D.
It diversify the risk of a Bank
Ans:
It helps increase commission income of a bank
Explanation :
0
[18]Crossing denotes
A.
that the cheque will not be paid across the counter but will be credited to the account of the holder
B.
that the cheque cannot be transferred by the payee named therein
C.
that the cheque will be paid through clearing only
D.
a direction to the paying bank to make payment of the cheque through a bank
Ans:
a direction to the paying bank to make payment of the cheque through a bank
Explanation :
0
[19]With whom does the ownership of Public sector banks rest?
A.
Wholly with Government of India
B.
Jointly with Government of India and share- holders from the public
C.
Jointly with Government of India and State Bank of India
D.
Jointly with Government of India and Reserve Bank of India
Ans:
Jointly with Government of India and share- holders from the public
Explanation :
0
[20]Banking Regulation Act, 1949, does not at all apply to
A.
nationalized banks
B.
State bank of India and its subsidiaries
C.
foreign banks having branches in India
D.
Primary agricultural credit societies and cooperative land mortgage banks
Ans:
Primary agricultural credit societies and cooperative land mortgage banks
Explanation :
0
[21]A financial contract that derives its value from another asset or an index of asset values in known as
A.
Insurance policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[22]Who is the MD and CEO of Vijaya Bank?
A.
Suresh N Patel
B.
Kishore Kumar Sansi
C.
Sushil Muhnot
D.
Kishore Piraji Kharat
Ans:
Kishore Kumar Sansi
Explanation :
0
[23]Which one of the following does not quality as priority sector lending by Commercial Banks?
A.
Small Industrial Loan
B.
Software Exports
C.
Small Business Loans
D.
Education Loans
Ans:
Software Exports
Explanation :
0
[24]The term SMART MONEY refers to:
A.
Travellers Cheque
B.
Internet Banking
C.
Credit Cards
D.
All of the above
Ans:
Credit Cards
Explanation :
0
[25]What does cheap rate imply?
A.
Interest are very high
B.
Interest rate are very low
C.
Interest are medium
D.
All of the above
Ans:
Interest rate are very low
Explanation :
0
Explanation :
0
[2]Which of the following is the full form of the term SLR as used in the banking sector?
A.
Social Lending Ratio
B.
Statutory Liquidity Ratio
C.
Scheduled Liquidity Rate
D.
Separate Lending Rate
Ans:
Statutory Liquidity Ratio
Explanation :
0
[3]Regulatory Authority for Regional Rural Bank is of
A.
RBI and NABARD
B.
NABARD
C.
RBI
D.
Central bank
Ans:
RBI and NABARD
Explanation :
0
[4]A commercial bank law creates credit only if it has
A.
Cash in the vault
B.
Excess reserves
C.
Permission of Reserve Bank of India
D.
Cooperation of other banks
Ans:
Cash in the vault
Explanation :
0
[5]NSSO headed by a Director General is responsible for conduct of large scale sample surveys in diverse fields on All India basis. NSSO stands for-
A.
Nominal Sample Survey Office
B.
National Sample Survey Office
C.
National Sample Survey Organization
D.
National Sample Service Office
Ans:
National Sample Survey Office
Explanation :
0
[6]What is CTS
A.
Cash Transaction system (in banks)
B.
Cheque Transfer System
C.
Cheque Truncation System
D.
Cash Transfer System
Ans:
Cheque Truncation System
Explanation :
0
[7]Every Banking company is required to use the word Bank in its name and no company other than a Banking company can use the words Bank, Banker or Banking as a bapart of its name as per:
A.
Section 7 of Banking Regulation Act
B.
Section 7 of RBI Act
C.
Section 7 of SEBI Act
D.
Section 7 of Nationalization Act
Ans:
Section 7 of Banking Regulation Act
Explanation :
0
[8]Who is the Chairman of the committee constituted by RBI to study issues and concerns in the Micro Finance Institutions (MFI) Sector?
A.
YH Malegam
B.
Dr. KC Chakraborty
C.
C. Rangrajan
D.
M. Damodaran
Ans:
YH Malegam
Explanation :
0
[9]United Bank of India Limited was formed in 1950 with the amalgamation of:
A.
Comilla Banking Corporation Limited (1914)
B.
Begal Central Bank Limited (1918)
C.
Comilla Union Bank Limited (1922)
D.
All of The Above
Ans:
All of The Above
Explanation :
0
[10]From time – to – time, which among the following body publishes the exchange control Manual‖ in context with the foreign exchange in India?
A.
foreign trade promotion board
B.
debapartment of commerce
C.
reserve bank of India
D.
SEBI
Ans:
reserve bank of India
Explanation :
0
[11] Name the 5 cities where RBI issued plastic notes ?
A.
Kochi,Patna,Delhi,Ahmadabad and Chennai
B.
Jaipur,Shimla,Delhi,Patna and Mimbai
C.
Mumbai,Shimla,Jaipur,Patna and Chennai
D.
Kochi,Mysore,Jaipur,Bhubhaneswar and Shimla
Ans:
Kochi,Mysore,Jaipur,Bhubhaneswar and Shimla
Explanation :
0
[12]In the field of banking, what does ADF stand for?
A.
Additional Dearness Allowance
B.
Automated Data Flow
C.
Additional Deposit Allowance
D.
Automated Deposit Allowance
Ans:
Automated Data Flow
Explanation :
0
[13]Which bank has installed worlds first ATM
A.
City Bank
B.
Royal Bank of Scotland
C.
Barclays
D.
HSBC
Ans:
Barclays
Explanation :
0
[14]Interest payable on savings bank accounts is-
A.
decided by banks without following any conditions by RBI.
B.
not regulated by RBI.
C.
regulated by central government.
D.
decided by banks following the guidelines of RBI
Ans:
decided by banks following the guidelines of RBI
Explanation :
0
[15]When a cheque is drawn on a bank, the bank is called the
A.
Payee
B.
Drawee
C.
Drawer
D.
Endorsee
Ans:
Payee
Explanation :
0
[16]If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the-
A.
Loan Applications Received and Disposal Register
B.
Opinion Reports
C.
Loan Rejection Register
D.
All of the above
Ans:
Loan Applications Received and Disposal Register
Explanation :
0
[17]Banks are increasingly selling Insurance products mainly due to
A.
It helps in increase in deposits of a bank
B.
It helps in growing Loan portfolio of a bank
C.
It helps increase commission income of a bank
D.
It diversify the risk of a Bank
Ans:
It helps increase commission income of a bank
Explanation :
0
[18]Crossing denotes
A.
that the cheque will not be paid across the counter but will be credited to the account of the holder
B.
that the cheque cannot be transferred by the payee named therein
C.
that the cheque will be paid through clearing only
D.
a direction to the paying bank to make payment of the cheque through a bank
Ans:
a direction to the paying bank to make payment of the cheque through a bank
Explanation :
0
[19]With whom does the ownership of Public sector banks rest?
A.
Wholly with Government of India
B.
Jointly with Government of India and share- holders from the public
C.
Jointly with Government of India and State Bank of India
D.
Jointly with Government of India and Reserve Bank of India
Ans:
Jointly with Government of India and share- holders from the public
Explanation :
0
[20]Banking Regulation Act, 1949, does not at all apply to
A.
nationalized banks
B.
State bank of India and its subsidiaries
C.
foreign banks having branches in India
D.
Primary agricultural credit societies and cooperative land mortgage banks
Ans:
Primary agricultural credit societies and cooperative land mortgage banks
Explanation :
0
[21]A financial contract that derives its value from another asset or an index of asset values in known as
A.
Insurance policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[22]Who is the MD and CEO of Vijaya Bank?
A.
Suresh N Patel
B.
Kishore Kumar Sansi
C.
Sushil Muhnot
D.
Kishore Piraji Kharat
Ans:
Kishore Kumar Sansi
Explanation :
0
[23]Which one of the following does not quality as priority sector lending by Commercial Banks?
A.
Small Industrial Loan
B.
Software Exports
C.
Small Business Loans
D.
Education Loans
Ans:
Software Exports
Explanation :
0
[24]The term SMART MONEY refers to:
A.
Travellers Cheque
B.
Internet Banking
C.
Credit Cards
D.
All of the above
Ans:
Credit Cards
Explanation :
0
[25]What does cheap rate imply?
A.
Interest are very high
B.
Interest rate are very low
C.
Interest are medium
D.
All of the above
Ans:
Interest rate are very low
Explanation :
0
Explanation :
0
[4]A commercial bank law creates credit only if it has
A.
Cash in the vault
B.
Excess reserves
C.
Permission of Reserve Bank of India
D.
Cooperation of other banks
Ans:
Cash in the vault
Explanation :
0
[5]NSSO headed by a Director General is responsible for conduct of large scale sample surveys in diverse fields on All India basis. NSSO stands for-
A.
Nominal Sample Survey Office
B.
National Sample Survey Office
C.
National Sample Survey Organization
D.
National Sample Service Office
Ans:
National Sample Survey Office
Explanation :
0
[6]What is CTS
A.
Cash Transaction system (in banks)
B.
Cheque Transfer System
C.
Cheque Truncation System
D.
Cash Transfer System
Ans:
Cheque Truncation System
Explanation :
0
[7]Every Banking company is required to use the word Bank in its name and no company other than a Banking company can use the words Bank, Banker or Banking as a bapart of its name as per:
A.
Section 7 of Banking Regulation Act
B.
Section 7 of RBI Act
C.
Section 7 of SEBI Act
D.
Section 7 of Nationalization Act
Ans:
Section 7 of Banking Regulation Act
Explanation :
0
[8]Who is the Chairman of the committee constituted by RBI to study issues and concerns in the Micro Finance Institutions (MFI) Sector?
A.
YH Malegam
B.
Dr. KC Chakraborty
C.
C. Rangrajan
D.
M. Damodaran
Ans:
YH Malegam
Explanation :
0
[9]United Bank of India Limited was formed in 1950 with the amalgamation of:
A.
Comilla Banking Corporation Limited (1914)
B.
Begal Central Bank Limited (1918)
C.
Comilla Union Bank Limited (1922)
D.
All of The Above
Ans:
All of The Above
Explanation :
0
[10]From time – to – time, which among the following body publishes the exchange control Manual‖ in context with the foreign exchange in India?
A.
foreign trade promotion board
B.
debapartment of commerce
C.
reserve bank of India
D.
SEBI
Ans:
reserve bank of India
Explanation :
0
[11] Name the 5 cities where RBI issued plastic notes ?
A.
Kochi,Patna,Delhi,Ahmadabad and Chennai
B.
Jaipur,Shimla,Delhi,Patna and Mimbai
C.
Mumbai,Shimla,Jaipur,Patna and Chennai
D.
Kochi,Mysore,Jaipur,Bhubhaneswar and Shimla
Ans:
Kochi,Mysore,Jaipur,Bhubhaneswar and Shimla
Explanation :
0
[12]In the field of banking, what does ADF stand for?
A.
Additional Dearness Allowance
B.
Automated Data Flow
C.
Additional Deposit Allowance
D.
Automated Deposit Allowance
Ans:
Automated Data Flow
Explanation :
0
[13]Which bank has installed worlds first ATM
A.
City Bank
B.
Royal Bank of Scotland
C.
Barclays
D.
HSBC
Ans:
Barclays
Explanation :
0
[14]Interest payable on savings bank accounts is-
A.
decided by banks without following any conditions by RBI.
B.
not regulated by RBI.
C.
regulated by central government.
D.
decided by banks following the guidelines of RBI
Ans:
decided by banks following the guidelines of RBI
Explanation :
0
[15]When a cheque is drawn on a bank, the bank is called the
A.
Payee
B.
Drawee
C.
Drawer
D.
Endorsee
Ans:
Payee
Explanation :
0
[16]If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the-
A.
Loan Applications Received and Disposal Register
B.
Opinion Reports
C.
Loan Rejection Register
D.
All of the above
Ans:
Loan Applications Received and Disposal Register
Explanation :
0
[17]Banks are increasingly selling Insurance products mainly due to
A.
It helps in increase in deposits of a bank
B.
It helps in growing Loan portfolio of a bank
C.
It helps increase commission income of a bank
D.
It diversify the risk of a Bank
Ans:
It helps increase commission income of a bank
Explanation :
0
[18]Crossing denotes
A.
that the cheque will not be paid across the counter but will be credited to the account of the holder
B.
that the cheque cannot be transferred by the payee named therein
C.
that the cheque will be paid through clearing only
D.
a direction to the paying bank to make payment of the cheque through a bank
Ans:
a direction to the paying bank to make payment of the cheque through a bank
Explanation :
0
[19]With whom does the ownership of Public sector banks rest?
A.
Wholly with Government of India
B.
Jointly with Government of India and share- holders from the public
C.
Jointly with Government of India and State Bank of India
D.
Jointly with Government of India and Reserve Bank of India
Ans:
Jointly with Government of India and share- holders from the public
Explanation :
0
[20]Banking Regulation Act, 1949, does not at all apply to
A.
nationalized banks
B.
State bank of India and its subsidiaries
C.
foreign banks having branches in India
D.
Primary agricultural credit societies and cooperative land mortgage banks
Ans:
Primary agricultural credit societies and cooperative land mortgage banks
Explanation :
0
[21]A financial contract that derives its value from another asset or an index of asset values in known as
A.
Insurance policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[22]Who is the MD and CEO of Vijaya Bank?
A.
Suresh N Patel
B.
Kishore Kumar Sansi
C.
Sushil Muhnot
D.
Kishore Piraji Kharat
Ans:
Kishore Kumar Sansi
Explanation :
0
[23]Which one of the following does not quality as priority sector lending by Commercial Banks?
A.
Small Industrial Loan
B.
Software Exports
C.
Small Business Loans
D.
Education Loans
Ans:
Software Exports
Explanation :
0
[24]The term SMART MONEY refers to:
A.
Travellers Cheque
B.
Internet Banking
C.
Credit Cards
D.
All of the above
Ans:
Credit Cards
Explanation :
0
[25]What does cheap rate imply?
A.
Interest are very high
B.
Interest rate are very low
C.
Interest are medium
D.
All of the above
Ans:
Interest rate are very low
Explanation :
0
Explanation :
0
[6]What is CTS
A.
Cash Transaction system (in banks)
B.
Cheque Transfer System
C.
Cheque Truncation System
D.
Cash Transfer System
Ans:
Cheque Truncation System
Explanation :
0
[7]Every Banking company is required to use the word Bank in its name and no company other than a Banking company can use the words Bank, Banker or Banking as a bapart of its name as per:
A.
Section 7 of Banking Regulation Act
B.
Section 7 of RBI Act
C.
Section 7 of SEBI Act
D.
Section 7 of Nationalization Act
Ans:
Section 7 of Banking Regulation Act
Explanation :
0
[8]Who is the Chairman of the committee constituted by RBI to study issues and concerns in the Micro Finance Institutions (MFI) Sector?
A.
YH Malegam
B.
Dr. KC Chakraborty
C.
C. Rangrajan
D.
M. Damodaran
Ans:
YH Malegam
Explanation :
0
[9]United Bank of India Limited was formed in 1950 with the amalgamation of:
A.
Comilla Banking Corporation Limited (1914)
B.
Begal Central Bank Limited (1918)
C.
Comilla Union Bank Limited (1922)
D.
All of The Above
Ans:
All of The Above
Explanation :
0
[10]From time – to – time, which among the following body publishes the exchange control Manual‖ in context with the foreign exchange in India?
A.
foreign trade promotion board
B.
debapartment of commerce
C.
reserve bank of India
D.
SEBI
Ans:
reserve bank of India
Explanation :
0
[11] Name the 5 cities where RBI issued plastic notes ?
A.
Kochi,Patna,Delhi,Ahmadabad and Chennai
B.
Jaipur,Shimla,Delhi,Patna and Mimbai
C.
Mumbai,Shimla,Jaipur,Patna and Chennai
D.
Kochi,Mysore,Jaipur,Bhubhaneswar and Shimla
Ans:
Kochi,Mysore,Jaipur,Bhubhaneswar and Shimla
Explanation :
0
[12]In the field of banking, what does ADF stand for?
A.
Additional Dearness Allowance
B.
Automated Data Flow
C.
Additional Deposit Allowance
D.
Automated Deposit Allowance
Ans:
Automated Data Flow
Explanation :
0
[13]Which bank has installed worlds first ATM
A.
City Bank
B.
Royal Bank of Scotland
C.
Barclays
D.
HSBC
Ans:
Barclays
Explanation :
0
[14]Interest payable on savings bank accounts is-
A.
decided by banks without following any conditions by RBI.
B.
not regulated by RBI.
C.
regulated by central government.
D.
decided by banks following the guidelines of RBI
Ans:
decided by banks following the guidelines of RBI
Explanation :
0
[15]When a cheque is drawn on a bank, the bank is called the
A.
Payee
B.
Drawee
C.
Drawer
D.
Endorsee
Ans:
Payee
Explanation :
0
[16]If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the-
A.
Loan Applications Received and Disposal Register
B.
Opinion Reports
C.
Loan Rejection Register
D.
All of the above
Ans:
Loan Applications Received and Disposal Register
Explanation :
0
[17]Banks are increasingly selling Insurance products mainly due to
A.
It helps in increase in deposits of a bank
B.
It helps in growing Loan portfolio of a bank
C.
It helps increase commission income of a bank
D.
It diversify the risk of a Bank
Ans:
It helps increase commission income of a bank
Explanation :
0
[18]Crossing denotes
A.
that the cheque will not be paid across the counter but will be credited to the account of the holder
B.
that the cheque cannot be transferred by the payee named therein
C.
that the cheque will be paid through clearing only
D.
a direction to the paying bank to make payment of the cheque through a bank
Ans:
a direction to the paying bank to make payment of the cheque through a bank
Explanation :
0
[19]With whom does the ownership of Public sector banks rest?
A.
Wholly with Government of India
B.
Jointly with Government of India and share- holders from the public
C.
Jointly with Government of India and State Bank of India
D.
Jointly with Government of India and Reserve Bank of India
Ans:
Jointly with Government of India and share- holders from the public
Explanation :
0
[20]Banking Regulation Act, 1949, does not at all apply to
A.
nationalized banks
B.
State bank of India and its subsidiaries
C.
foreign banks having branches in India
D.
Primary agricultural credit societies and cooperative land mortgage banks
Ans:
Primary agricultural credit societies and cooperative land mortgage banks
Explanation :
0
[21]A financial contract that derives its value from another asset or an index of asset values in known as
A.
Insurance policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[22]Who is the MD and CEO of Vijaya Bank?
A.
Suresh N Patel
B.
Kishore Kumar Sansi
C.
Sushil Muhnot
D.
Kishore Piraji Kharat
Ans:
Kishore Kumar Sansi
Explanation :
0
[23]Which one of the following does not quality as priority sector lending by Commercial Banks?
A.
Small Industrial Loan
B.
Software Exports
C.
Small Business Loans
D.
Education Loans
Ans:
Software Exports
Explanation :
0
[24]The term SMART MONEY refers to:
A.
Travellers Cheque
B.
Internet Banking
C.
Credit Cards
D.
All of the above
Ans:
Credit Cards
Explanation :
0
[25]What does cheap rate imply?
A.
Interest are very high
B.
Interest rate are very low
C.
Interest are medium
D.
All of the above
Ans:
Interest rate are very low
Explanation :
0
Explanation :
0
[8]Who is the Chairman of the committee constituted by RBI to study issues and concerns in the Micro Finance Institutions (MFI) Sector?
A.
YH Malegam
B.
Dr. KC Chakraborty
C.
C. Rangrajan
D.
M. Damodaran
Ans:
YH Malegam
Explanation :
0
[9]United Bank of India Limited was formed in 1950 with the amalgamation of:
A.
Comilla Banking Corporation Limited (1914)
B.
Begal Central Bank Limited (1918)
C.
Comilla Union Bank Limited (1922)
D.
All of The Above
Ans:
All of The Above
Explanation :
0
[10]From time – to – time, which among the following body publishes the exchange control Manual‖ in context with the foreign exchange in India?
A.
foreign trade promotion board
B.
debapartment of commerce
C.
reserve bank of India
D.
SEBI
Ans:
reserve bank of India
Explanation :
0
[11] Name the 5 cities where RBI issued plastic notes ?
A.
Kochi,Patna,Delhi,Ahmadabad and Chennai
B.
Jaipur,Shimla,Delhi,Patna and Mimbai
C.
Mumbai,Shimla,Jaipur,Patna and Chennai
D.
Kochi,Mysore,Jaipur,Bhubhaneswar and Shimla
Ans:
Kochi,Mysore,Jaipur,Bhubhaneswar and Shimla
Explanation :
0
[12]In the field of banking, what does ADF stand for?
A.
Additional Dearness Allowance
B.
Automated Data Flow
C.
Additional Deposit Allowance
D.
Automated Deposit Allowance
Ans:
Automated Data Flow
Explanation :
0
[13]Which bank has installed worlds first ATM
A.
City Bank
B.
Royal Bank of Scotland
C.
Barclays
D.
HSBC
Ans:
Barclays
Explanation :
0
[14]Interest payable on savings bank accounts is-
A.
decided by banks without following any conditions by RBI.
B.
not regulated by RBI.
C.
regulated by central government.
D.
decided by banks following the guidelines of RBI
Ans:
decided by banks following the guidelines of RBI
Explanation :
0
[15]When a cheque is drawn on a bank, the bank is called the
A.
Payee
B.
Drawee
C.
Drawer
D.
Endorsee
Ans:
Payee
Explanation :
0
[16]If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the-
A.
Loan Applications Received and Disposal Register
B.
Opinion Reports
C.
Loan Rejection Register
D.
All of the above
Ans:
Loan Applications Received and Disposal Register
Explanation :
0
[17]Banks are increasingly selling Insurance products mainly due to
A.
It helps in increase in deposits of a bank
B.
It helps in growing Loan portfolio of a bank
C.
It helps increase commission income of a bank
D.
It diversify the risk of a Bank
Ans:
It helps increase commission income of a bank
Explanation :
0
[18]Crossing denotes
A.
that the cheque will not be paid across the counter but will be credited to the account of the holder
B.
that the cheque cannot be transferred by the payee named therein
C.
that the cheque will be paid through clearing only
D.
a direction to the paying bank to make payment of the cheque through a bank
Ans:
a direction to the paying bank to make payment of the cheque through a bank
Explanation :
0
[19]With whom does the ownership of Public sector banks rest?
A.
Wholly with Government of India
B.
Jointly with Government of India and share- holders from the public
C.
Jointly with Government of India and State Bank of India
D.
Jointly with Government of India and Reserve Bank of India
Ans:
Jointly with Government of India and share- holders from the public
Explanation :
0
[20]Banking Regulation Act, 1949, does not at all apply to
A.
nationalized banks
B.
State bank of India and its subsidiaries
C.
foreign banks having branches in India
D.
Primary agricultural credit societies and cooperative land mortgage banks
Ans:
Primary agricultural credit societies and cooperative land mortgage banks
Explanation :
0
[21]A financial contract that derives its value from another asset or an index of asset values in known as
A.
Insurance policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[22]Who is the MD and CEO of Vijaya Bank?
A.
Suresh N Patel
B.
Kishore Kumar Sansi
C.
Sushil Muhnot
D.
Kishore Piraji Kharat
Ans:
Kishore Kumar Sansi
Explanation :
0
[23]Which one of the following does not quality as priority sector lending by Commercial Banks?
A.
Small Industrial Loan
B.
Software Exports
C.
Small Business Loans
D.
Education Loans
Ans:
Software Exports
Explanation :
0
[24]The term SMART MONEY refers to:
A.
Travellers Cheque
B.
Internet Banking
C.
Credit Cards
D.
All of the above
Ans:
Credit Cards
Explanation :
0
[25]What does cheap rate imply?
A.
Interest are very high
B.
Interest rate are very low
C.
Interest are medium
D.
All of the above
Ans:
Interest rate are very low
Explanation :
0
Explanation :
0
[10]From time – to – time, which among the following body publishes the exchange control Manual‖ in context with the foreign exchange in India?
A.
foreign trade promotion board
B.
debapartment of commerce
C.
reserve bank of India
D.
SEBI
Ans:
reserve bank of India
Explanation :
0
[11] Name the 5 cities where RBI issued plastic notes ?
A.
Kochi,Patna,Delhi,Ahmadabad and Chennai
B.
Jaipur,Shimla,Delhi,Patna and Mimbai
C.
Mumbai,Shimla,Jaipur,Patna and Chennai
D.
Kochi,Mysore,Jaipur,Bhubhaneswar and Shimla
Ans:
Kochi,Mysore,Jaipur,Bhubhaneswar and Shimla
Explanation :
0
[12]In the field of banking, what does ADF stand for?
A.
Additional Dearness Allowance
B.
Automated Data Flow
C.
Additional Deposit Allowance
D.
Automated Deposit Allowance
Ans:
Automated Data Flow
Explanation :
0
[13]Which bank has installed worlds first ATM
A.
City Bank
B.
Royal Bank of Scotland
C.
Barclays
D.
HSBC
Ans:
Barclays
Explanation :
0
[14]Interest payable on savings bank accounts is-
A.
decided by banks without following any conditions by RBI.
B.
not regulated by RBI.
C.
regulated by central government.
D.
decided by banks following the guidelines of RBI
Ans:
decided by banks following the guidelines of RBI
Explanation :
0
[15]When a cheque is drawn on a bank, the bank is called the
A.
Payee
B.
Drawee
C.
Drawer
D.
Endorsee
Ans:
Payee
Explanation :
0
[16]If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the-
A.
Loan Applications Received and Disposal Register
B.
Opinion Reports
C.
Loan Rejection Register
D.
All of the above
Ans:
Loan Applications Received and Disposal Register
Explanation :
0
[17]Banks are increasingly selling Insurance products mainly due to
A.
It helps in increase in deposits of a bank
B.
It helps in growing Loan portfolio of a bank
C.
It helps increase commission income of a bank
D.
It diversify the risk of a Bank
Ans:
It helps increase commission income of a bank
Explanation :
0
[18]Crossing denotes
A.
that the cheque will not be paid across the counter but will be credited to the account of the holder
B.
that the cheque cannot be transferred by the payee named therein
C.
that the cheque will be paid through clearing only
D.
a direction to the paying bank to make payment of the cheque through a bank
Ans:
a direction to the paying bank to make payment of the cheque through a bank
Explanation :
0
[19]With whom does the ownership of Public sector banks rest?
A.
Wholly with Government of India
B.
Jointly with Government of India and share- holders from the public
C.
Jointly with Government of India and State Bank of India
D.
Jointly with Government of India and Reserve Bank of India
Ans:
Jointly with Government of India and share- holders from the public
Explanation :
0
[20]Banking Regulation Act, 1949, does not at all apply to
A.
nationalized banks
B.
State bank of India and its subsidiaries
C.
foreign banks having branches in India
D.
Primary agricultural credit societies and cooperative land mortgage banks
Ans:
Primary agricultural credit societies and cooperative land mortgage banks
Explanation :
0
[21]A financial contract that derives its value from another asset or an index of asset values in known as
A.
Insurance policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[22]Who is the MD and CEO of Vijaya Bank?
A.
Suresh N Patel
B.
Kishore Kumar Sansi
C.
Sushil Muhnot
D.
Kishore Piraji Kharat
Ans:
Kishore Kumar Sansi
Explanation :
0
[23]Which one of the following does not quality as priority sector lending by Commercial Banks?
A.
Small Industrial Loan
B.
Software Exports
C.
Small Business Loans
D.
Education Loans
Ans:
Software Exports
Explanation :
0
[24]The term SMART MONEY refers to:
A.
Travellers Cheque
B.
Internet Banking
C.
Credit Cards
D.
All of the above
Ans:
Credit Cards
Explanation :
0
[25]What does cheap rate imply?
A.
Interest are very high
B.
Interest rate are very low
C.
Interest are medium
D.
All of the above
Ans:
Interest rate are very low
Explanation :
0
Explanation :
0
[12]In the field of banking, what does ADF stand for?
A.
Additional Dearness Allowance
B.
Automated Data Flow
C.
Additional Deposit Allowance
D.
Automated Deposit Allowance
Ans:
Automated Data Flow
Explanation :
0
[13]Which bank has installed worlds first ATM
A.
City Bank
B.
Royal Bank of Scotland
C.
Barclays
D.
HSBC
Ans:
Barclays
Explanation :
0
[14]Interest payable on savings bank accounts is-
A.
decided by banks without following any conditions by RBI.
B.
not regulated by RBI.
C.
regulated by central government.
D.
decided by banks following the guidelines of RBI
Ans:
decided by banks following the guidelines of RBI
Explanation :
0
[15]When a cheque is drawn on a bank, the bank is called the
A.
Payee
B.
Drawee
C.
Drawer
D.
Endorsee
Ans:
Payee
Explanation :
0
[16]If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the-
A.
Loan Applications Received and Disposal Register
B.
Opinion Reports
C.
Loan Rejection Register
D.
All of the above
Ans:
Loan Applications Received and Disposal Register
Explanation :
0
[17]Banks are increasingly selling Insurance products mainly due to
A.
It helps in increase in deposits of a bank
B.
It helps in growing Loan portfolio of a bank
C.
It helps increase commission income of a bank
D.
It diversify the risk of a Bank
Ans:
It helps increase commission income of a bank
Explanation :
0
[18]Crossing denotes
A.
that the cheque will not be paid across the counter but will be credited to the account of the holder
B.
that the cheque cannot be transferred by the payee named therein
C.
that the cheque will be paid through clearing only
D.
a direction to the paying bank to make payment of the cheque through a bank
Ans:
a direction to the paying bank to make payment of the cheque through a bank
Explanation :
0
[19]With whom does the ownership of Public sector banks rest?
A.
Wholly with Government of India
B.
Jointly with Government of India and share- holders from the public
C.
Jointly with Government of India and State Bank of India
D.
Jointly with Government of India and Reserve Bank of India
Ans:
Jointly with Government of India and share- holders from the public
Explanation :
0
[20]Banking Regulation Act, 1949, does not at all apply to
A.
nationalized banks
B.
State bank of India and its subsidiaries
C.
foreign banks having branches in India
D.
Primary agricultural credit societies and cooperative land mortgage banks
Ans:
Primary agricultural credit societies and cooperative land mortgage banks
Explanation :
0
[21]A financial contract that derives its value from another asset or an index of asset values in known as
A.
Insurance policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[22]Who is the MD and CEO of Vijaya Bank?
A.
Suresh N Patel
B.
Kishore Kumar Sansi
C.
Sushil Muhnot
D.
Kishore Piraji Kharat
Ans:
Kishore Kumar Sansi
Explanation :
0
[23]Which one of the following does not quality as priority sector lending by Commercial Banks?
A.
Small Industrial Loan
B.
Software Exports
C.
Small Business Loans
D.
Education Loans
Ans:
Software Exports
Explanation :
0
[24]The term SMART MONEY refers to:
A.
Travellers Cheque
B.
Internet Banking
C.
Credit Cards
D.
All of the above
Ans:
Credit Cards
Explanation :
0
[25]What does cheap rate imply?
A.
Interest are very high
B.
Interest rate are very low
C.
Interest are medium
D.
All of the above
Ans:
Interest rate are very low
Explanation :
0
Explanation :
0
[14]Interest payable on savings bank accounts is-
A.
decided by banks without following any conditions by RBI.
B.
not regulated by RBI.
C.
regulated by central government.
D.
decided by banks following the guidelines of RBI
Ans:
decided by banks following the guidelines of RBI
Explanation :
0
[15]When a cheque is drawn on a bank, the bank is called the
A.
Payee
B.
Drawee
C.
Drawer
D.
Endorsee
Ans:
Payee
Explanation :
0
[16]If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the-
A.
Loan Applications Received and Disposal Register
B.
Opinion Reports
C.
Loan Rejection Register
D.
All of the above
Ans:
Loan Applications Received and Disposal Register
Explanation :
0
[17]Banks are increasingly selling Insurance products mainly due to
A.
It helps in increase in deposits of a bank
B.
It helps in growing Loan portfolio of a bank
C.
It helps increase commission income of a bank
D.
It diversify the risk of a Bank
Ans:
It helps increase commission income of a bank
Explanation :
0
[18]Crossing denotes
A.
that the cheque will not be paid across the counter but will be credited to the account of the holder
B.
that the cheque cannot be transferred by the payee named therein
C.
that the cheque will be paid through clearing only
D.
a direction to the paying bank to make payment of the cheque through a bank
Ans:
a direction to the paying bank to make payment of the cheque through a bank
Explanation :
0
[19]With whom does the ownership of Public sector banks rest?
A.
Wholly with Government of India
B.
Jointly with Government of India and share- holders from the public
C.
Jointly with Government of India and State Bank of India
D.
Jointly with Government of India and Reserve Bank of India
Ans:
Jointly with Government of India and share- holders from the public
Explanation :
0
[20]Banking Regulation Act, 1949, does not at all apply to
A.
nationalized banks
B.
State bank of India and its subsidiaries
C.
foreign banks having branches in India
D.
Primary agricultural credit societies and cooperative land mortgage banks
Ans:
Primary agricultural credit societies and cooperative land mortgage banks
Explanation :
0
[21]A financial contract that derives its value from another asset or an index of asset values in known as
A.
Insurance policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[22]Who is the MD and CEO of Vijaya Bank?
A.
Suresh N Patel
B.
Kishore Kumar Sansi
C.
Sushil Muhnot
D.
Kishore Piraji Kharat
Ans:
Kishore Kumar Sansi
Explanation :
0
[23]Which one of the following does not quality as priority sector lending by Commercial Banks?
A.
Small Industrial Loan
B.
Software Exports
C.
Small Business Loans
D.
Education Loans
Ans:
Software Exports
Explanation :
0
[24]The term SMART MONEY refers to:
A.
Travellers Cheque
B.
Internet Banking
C.
Credit Cards
D.
All of the above
Ans:
Credit Cards
Explanation :
0
[25]What does cheap rate imply?
A.
Interest are very high
B.
Interest rate are very low
C.
Interest are medium
D.
All of the above
Ans:
Interest rate are very low
Explanation :
0
Explanation :
0
[16]If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the-
A.
Loan Applications Received and Disposal Register
B.
Opinion Reports
C.
Loan Rejection Register
D.
All of the above
Ans:
Loan Applications Received and Disposal Register
Explanation :
0
[17]Banks are increasingly selling Insurance products mainly due to
A.
It helps in increase in deposits of a bank
B.
It helps in growing Loan portfolio of a bank
C.
It helps increase commission income of a bank
D.
It diversify the risk of a Bank
Ans:
It helps increase commission income of a bank
Explanation :
0
[18]Crossing denotes
A.
that the cheque will not be paid across the counter but will be credited to the account of the holder
B.
that the cheque cannot be transferred by the payee named therein
C.
that the cheque will be paid through clearing only
D.
a direction to the paying bank to make payment of the cheque through a bank
Ans:
a direction to the paying bank to make payment of the cheque through a bank
Explanation :
0
[19]With whom does the ownership of Public sector banks rest?
A.
Wholly with Government of India
B.
Jointly with Government of India and share- holders from the public
C.
Jointly with Government of India and State Bank of India
D.
Jointly with Government of India and Reserve Bank of India
Ans:
Jointly with Government of India and share- holders from the public
Explanation :
0
[20]Banking Regulation Act, 1949, does not at all apply to
A.
nationalized banks
B.
State bank of India and its subsidiaries
C.
foreign banks having branches in India
D.
Primary agricultural credit societies and cooperative land mortgage banks
Ans:
Primary agricultural credit societies and cooperative land mortgage banks
Explanation :
0
[21]A financial contract that derives its value from another asset or an index of asset values in known as
A.
Insurance policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[22]Who is the MD and CEO of Vijaya Bank?
A.
Suresh N Patel
B.
Kishore Kumar Sansi
C.
Sushil Muhnot
D.
Kishore Piraji Kharat
Ans:
Kishore Kumar Sansi
Explanation :
0
[23]Which one of the following does not quality as priority sector lending by Commercial Banks?
A.
Small Industrial Loan
B.
Software Exports
C.
Small Business Loans
D.
Education Loans
Ans:
Software Exports
Explanation :
0
[24]The term SMART MONEY refers to:
A.
Travellers Cheque
B.
Internet Banking
C.
Credit Cards
D.
All of the above
Ans:
Credit Cards
Explanation :
0
[25]What does cheap rate imply?
A.
Interest are very high
B.
Interest rate are very low
C.
Interest are medium
D.
All of the above
Ans:
Interest rate are very low
Explanation :
0
Explanation :
0
[18]Crossing denotes
A.
that the cheque will not be paid across the counter but will be credited to the account of the holder
B.
that the cheque cannot be transferred by the payee named therein
C.
that the cheque will be paid through clearing only
D.
a direction to the paying bank to make payment of the cheque through a bank
Ans:
a direction to the paying bank to make payment of the cheque through a bank
Explanation :
0
[19]With whom does the ownership of Public sector banks rest?
A.
Wholly with Government of India
B.
Jointly with Government of India and share- holders from the public
C.
Jointly with Government of India and State Bank of India
D.
Jointly with Government of India and Reserve Bank of India
Ans:
Jointly with Government of India and share- holders from the public
Explanation :
0
[20]Banking Regulation Act, 1949, does not at all apply to
A.
nationalized banks
B.
State bank of India and its subsidiaries
C.
foreign banks having branches in India
D.
Primary agricultural credit societies and cooperative land mortgage banks
Ans:
Primary agricultural credit societies and cooperative land mortgage banks
Explanation :
0
[21]A financial contract that derives its value from another asset or an index of asset values in known as
A.
Insurance policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[22]Who is the MD and CEO of Vijaya Bank?
A.
Suresh N Patel
B.
Kishore Kumar Sansi
C.
Sushil Muhnot
D.
Kishore Piraji Kharat
Ans:
Kishore Kumar Sansi
Explanation :
0
[23]Which one of the following does not quality as priority sector lending by Commercial Banks?
A.
Small Industrial Loan
B.
Software Exports
C.
Small Business Loans
D.
Education Loans
Ans:
Software Exports
Explanation :
0
[24]The term SMART MONEY refers to:
A.
Travellers Cheque
B.
Internet Banking
C.
Credit Cards
D.
All of the above
Ans:
Credit Cards
Explanation :
0
[25]What does cheap rate imply?
A.
Interest are very high
B.
Interest rate are very low
C.
Interest are medium
D.
All of the above
Ans:
Interest rate are very low
Explanation :
0
Explanation :
0
[20]Banking Regulation Act, 1949, does not at all apply to
A.
nationalized banks
B.
State bank of India and its subsidiaries
C.
foreign banks having branches in India
D.
Primary agricultural credit societies and cooperative land mortgage banks
Ans:
Primary agricultural credit societies and cooperative land mortgage banks
Explanation :
0
[21]A financial contract that derives its value from another asset or an index of asset values in known as
A.
Insurance policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[22]Who is the MD and CEO of Vijaya Bank?
A.
Suresh N Patel
B.
Kishore Kumar Sansi
C.
Sushil Muhnot
D.
Kishore Piraji Kharat
Ans:
Kishore Kumar Sansi
Explanation :
0
[23]Which one of the following does not quality as priority sector lending by Commercial Banks?
A.
Small Industrial Loan
B.
Software Exports
C.
Small Business Loans
D.
Education Loans
Ans:
Software Exports
Explanation :
0
[24]The term SMART MONEY refers to:
A.
Travellers Cheque
B.
Internet Banking
C.
Credit Cards
D.
All of the above
Ans:
Credit Cards
Explanation :
0
[25]What does cheap rate imply?
A.
Interest are very high
B.
Interest rate are very low
C.
Interest are medium
D.
All of the above
Ans:
Interest rate are very low
Explanation :
0
Explanation :
0
[22]Who is the MD and CEO of Vijaya Bank?
A.
Suresh N Patel
B.
Kishore Kumar Sansi
C.
Sushil Muhnot
D.
Kishore Piraji Kharat
Ans:
Kishore Kumar Sansi
Explanation :
0
[23]Which one of the following does not quality as priority sector lending by Commercial Banks?
A.
Small Industrial Loan
B.
Software Exports
C.
Small Business Loans
D.
Education Loans
Ans:
Software Exports
Explanation :
0
[24]The term SMART MONEY refers to:
A.
Travellers Cheque
B.
Internet Banking
C.
Credit Cards
D.
All of the above
Ans:
Credit Cards
Explanation :
0
[25]What does cheap rate imply?
A.
Interest are very high
B.
Interest rate are very low
C.
Interest are medium
D.
All of the above
Ans:
Interest rate are very low
Explanation :
0
Explanation :
0
[24]The term SMART MONEY refers to:
A.
Travellers Cheque
B.
Internet Banking
C.
Credit Cards
D.
All of the above
Ans:
Credit Cards
Explanation :
0
[25]What does cheap rate imply?
A.
Interest are very high
B.
Interest rate are very low
C.
Interest are medium
D.
All of the above
Ans:
Interest rate are very low
Explanation :
0
Explanation :
0