[1]Financial inclusion is meant for -
A.
Less privileged persons
B.
Senior citizens
C.
Micro finance institutions
D.
All the above
Ans:
Less privileged persons
Explanation :
0
[2]Fall in the value of currency in respect to other currencies is known as:-
A.
Deflation
B.
Devaluation
C.
Depreciation
D.
All of the above
Ans:
Depreciation
Explanation :
0
[3]What does the acronym IFCI mean?
A.
International Finance Corporation of India
B.
Industrial Finance Corporation of India
C.
Institute of Financial Consultants of India
D.
Industrial Finance Council of India
Ans:
Industrial Finance Corporation of India
Explanation :
0
[4]In India, National income is estimated by ?
A.
Planning Commission
B.
Indian Statistical Institute
C.
Central Statistical Office
D.
National Sample Survey Organisation
Ans:
Central Statistical Office
Explanation :
0
[5]Deposits under Foreign Currency Non- Resident(FCNR) scheme can be accepted for a minimum of
A.
15 days
B.
3 months
C.
6 months
D.
1 year
Ans:
1 year
Explanation :
0
[6]The banks included in 2nd schedule of are known as scheduled banks
A.
Banking Regulation Act
B.
Reserve Bank of India Act
C.
Negotiable Instrument Act
D.
Banking (Acquisition & Transfer of Properties)Act
Ans:
Reserve Bank of India Act
Explanation :
0
[7]Which of the following Bank in 2012 has celebrated it 30th year of continuous service?
A.
RBI
B.
SIDBI
C.
Central Bank of India
D.
NARARD
Ans:
NARARD
Explanation :
0
[8]Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:
A.
Public
B.
Relatives in the from of loans
C.
Friends
D.
All of the above
Ans:
Relatives in the from of loans
Explanation :
0
[9]Minimum cash reserves fixed by law constitute
A.
A percentage of aggregate deposits of the bank
B.
A percentage of aggregate loans and advances of the bank
C.
A percentage of capital & reserves of the bank
D.
All of the above
Ans:
A percentage of aggregate deposits of the bank
Explanation :
0
[10]The bank conducts Government business as an agent of
A.
Union and state Government
B.
Reserve Bank of India
C.
State Bank of India
D.
SIDBI
Ans:
Reserve Bank of India
Explanation :
0
[11]Which of the following maintains the RIDF (Rural Infrastructure Development Fund) ?
A.
RBI
B.
IDBI
C.
SIDBI
D.
NABARD
Ans:
NABARD
Explanation :
0
[12]RBI known as lender of last restore because:
A.
It has to meet the credit need to citizens to whom no one else is willing to lend
B.
Banks lend to go to RBI as a last restore
C.
It comes to help banks in times of crisis
D.
All of the above
Ans:
It comes to help banks in times of crisis
Explanation :
0
[13]Service Area Approach (SAA) is associated With?
A.
Development banks
B.
Branches of commercial banks situated in metro cities
C.
Urban branches of commercial banks
D.
Rural and Semi-urban branches of commercial banks
Ans:
Rural and Semi-urban branches of commercial banks
Explanation :
0
[14]Which of the following public sector banks has recently celebrated it centenary year?
A.
Central Bank of India
B.
Allahabad Bank
C.
State Bank of India
D.
Bank of Maharashtra
Ans:
Central Bank of India
Explanation :
0
[15]Which Bank is called Apex Bank?
A.
Development Bank of India
B.
NABARD
C.
Reserve Bank of India
D.
SBI
Ans:
Reserve Bank of India
Explanation :
0
[16]Who is the MD and CEO of Corporation Bank?
A.
Suresh N Patel
B.
Jai Kumar Garg
C.
R K Takkar
D.
M O Rego
Ans:
Jai Kumar Garg
Explanation :
0
[17]Regional Rural Banks are empowered to transact the business of banking as defined under
A.
Regional Rural Banks Act, 1976
B.
Negotiable Instruments Act, 1881
C.
Banking Regulation Act, 1949
D.
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
Ans:
Banking Regulation Act, 1949
Explanation :
0
[18]Which commission distributes the taxes between center and states?
A.
Finance Commission
B.
NITI Ayog
C.
SEBI
D.
NABARD
Ans:
Finance Commission
Explanation :
0
[19]The returned non resident Indians are permitted to open the following accounts:
A.
Non resident external account
B.
Non resident ordinary account
C.
RFC account
D.
FCNR account
Ans:
RFC account
Explanation :
0
[20]Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‗Base rate for banks?
A.
Individual Banks’ Board
B.
Ministry of Commerce
C.
Ministry of Finance
D.
RBI
Ans:
RBI
Explanation :
0
[21]Interest on savings bank account is now calculated by banks on?
A.
Minimum balance during the month
B.
Minimum balance from 7th to last day of the month
C.
Minimum balance from 10th to last day of the month
D.
Daily product basis
Ans:
Daily product basis
Explanation :
0
[22]MUDRA Bank as a wholly owned subsidiary of which institutions?
A.
Non-Banking Financial Companies (NBFCs)
B.
Commercial Banks
C.
Micro Finance Institutions (MFIs)
D.
Small Industries Development Bank of India (SIDBI)
Ans:
Small Industries Development Bank of India (SIDBI)
Explanation :
0
[23]What is Repo Rate?
A.
It is a rate at which RBI sells government securities to banks
B.
It is a rate at which RBI buys government securities from banks
C.
It is a rate at which RBI allows small loans in the market
D.
All of these
Ans:
It is a rate at which RBI buys government securities from banks
Explanation :
0
[24] In Banking parlance, ‗NPA stands for
A.
Non Performing Asset
B.
Net Producing Asset
C.
Net Performing Asset
D.
Not Promoting Asset
Ans:
Non Performing Asset
Explanation :
0
[25]After State Bank of India, which of the following banks has the largest number of offices?
A.
Punjab National Bank
B.
Bank of India
C.
Andhra Bank
D.
Canara Bank
Ans:
Punjab National Bank
Explanation :
0
Explanation :
0
[2]Fall in the value of currency in respect to other currencies is known as:-
A.
Deflation
B.
Devaluation
C.
Depreciation
D.
All of the above
Ans:
Depreciation
Explanation :
0
[3]What does the acronym IFCI mean?
A.
International Finance Corporation of India
B.
Industrial Finance Corporation of India
C.
Institute of Financial Consultants of India
D.
Industrial Finance Council of India
Ans:
Industrial Finance Corporation of India
Explanation :
0
[4]In India, National income is estimated by ?
A.
Planning Commission
B.
Indian Statistical Institute
C.
Central Statistical Office
D.
National Sample Survey Organisation
Ans:
Central Statistical Office
Explanation :
0
[5]Deposits under Foreign Currency Non- Resident(FCNR) scheme can be accepted for a minimum of
A.
15 days
B.
3 months
C.
6 months
D.
1 year
Ans:
1 year
Explanation :
0
[6]The banks included in 2nd schedule of are known as scheduled banks
A.
Banking Regulation Act
B.
Reserve Bank of India Act
C.
Negotiable Instrument Act
D.
Banking (Acquisition & Transfer of Properties)Act
Ans:
Reserve Bank of India Act
Explanation :
0
[7]Which of the following Bank in 2012 has celebrated it 30th year of continuous service?
A.
RBI
B.
SIDBI
C.
Central Bank of India
D.
NARARD
Ans:
NARARD
Explanation :
0
[8]Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:
A.
Public
B.
Relatives in the from of loans
C.
Friends
D.
All of the above
Ans:
Relatives in the from of loans
Explanation :
0
[9]Minimum cash reserves fixed by law constitute
A.
A percentage of aggregate deposits of the bank
B.
A percentage of aggregate loans and advances of the bank
C.
A percentage of capital & reserves of the bank
D.
All of the above
Ans:
A percentage of aggregate deposits of the bank
Explanation :
0
[10]The bank conducts Government business as an agent of
A.
Union and state Government
B.
Reserve Bank of India
C.
State Bank of India
D.
SIDBI
Ans:
Reserve Bank of India
Explanation :
0
[11]Which of the following maintains the RIDF (Rural Infrastructure Development Fund) ?
A.
RBI
B.
IDBI
C.
SIDBI
D.
NABARD
Ans:
NABARD
Explanation :
0
[12]RBI known as lender of last restore because:
A.
It has to meet the credit need to citizens to whom no one else is willing to lend
B.
Banks lend to go to RBI as a last restore
C.
It comes to help banks in times of crisis
D.
All of the above
Ans:
It comes to help banks in times of crisis
Explanation :
0
[13]Service Area Approach (SAA) is associated With?
A.
Development banks
B.
Branches of commercial banks situated in metro cities
C.
Urban branches of commercial banks
D.
Rural and Semi-urban branches of commercial banks
Ans:
Rural and Semi-urban branches of commercial banks
Explanation :
0
[14]Which of the following public sector banks has recently celebrated it centenary year?
A.
Central Bank of India
B.
Allahabad Bank
C.
State Bank of India
D.
Bank of Maharashtra
Ans:
Central Bank of India
Explanation :
0
[15]Which Bank is called Apex Bank?
A.
Development Bank of India
B.
NABARD
C.
Reserve Bank of India
D.
SBI
Ans:
Reserve Bank of India
Explanation :
0
[16]Who is the MD and CEO of Corporation Bank?
A.
Suresh N Patel
B.
Jai Kumar Garg
C.
R K Takkar
D.
M O Rego
Ans:
Jai Kumar Garg
Explanation :
0
[17]Regional Rural Banks are empowered to transact the business of banking as defined under
A.
Regional Rural Banks Act, 1976
B.
Negotiable Instruments Act, 1881
C.
Banking Regulation Act, 1949
D.
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
Ans:
Banking Regulation Act, 1949
Explanation :
0
[18]Which commission distributes the taxes between center and states?
A.
Finance Commission
B.
NITI Ayog
C.
SEBI
D.
NABARD
Ans:
Finance Commission
Explanation :
0
[19]The returned non resident Indians are permitted to open the following accounts:
A.
Non resident external account
B.
Non resident ordinary account
C.
RFC account
D.
FCNR account
Ans:
RFC account
Explanation :
0
[20]Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‗Base rate for banks?
A.
Individual Banks’ Board
B.
Ministry of Commerce
C.
Ministry of Finance
D.
RBI
Ans:
RBI
Explanation :
0
[21]Interest on savings bank account is now calculated by banks on?
A.
Minimum balance during the month
B.
Minimum balance from 7th to last day of the month
C.
Minimum balance from 10th to last day of the month
D.
Daily product basis
Ans:
Daily product basis
Explanation :
0
[22]MUDRA Bank as a wholly owned subsidiary of which institutions?
A.
Non-Banking Financial Companies (NBFCs)
B.
Commercial Banks
C.
Micro Finance Institutions (MFIs)
D.
Small Industries Development Bank of India (SIDBI)
Ans:
Small Industries Development Bank of India (SIDBI)
Explanation :
0
[23]What is Repo Rate?
A.
It is a rate at which RBI sells government securities to banks
B.
It is a rate at which RBI buys government securities from banks
C.
It is a rate at which RBI allows small loans in the market
D.
All of these
Ans:
It is a rate at which RBI buys government securities from banks
Explanation :
0
[24] In Banking parlance, ‗NPA stands for
A.
Non Performing Asset
B.
Net Producing Asset
C.
Net Performing Asset
D.
Not Promoting Asset
Ans:
Non Performing Asset
Explanation :
0
[25]After State Bank of India, which of the following banks has the largest number of offices?
A.
Punjab National Bank
B.
Bank of India
C.
Andhra Bank
D.
Canara Bank
Ans:
Punjab National Bank
Explanation :
0
Explanation :
0
[4]In India, National income is estimated by ?
A.
Planning Commission
B.
Indian Statistical Institute
C.
Central Statistical Office
D.
National Sample Survey Organisation
Ans:
Central Statistical Office
Explanation :
0
[5]Deposits under Foreign Currency Non- Resident(FCNR) scheme can be accepted for a minimum of
A.
15 days
B.
3 months
C.
6 months
D.
1 year
Ans:
1 year
Explanation :
0
[6]The banks included in 2nd schedule of are known as scheduled banks
A.
Banking Regulation Act
B.
Reserve Bank of India Act
C.
Negotiable Instrument Act
D.
Banking (Acquisition & Transfer of Properties)Act
Ans:
Reserve Bank of India Act
Explanation :
0
[7]Which of the following Bank in 2012 has celebrated it 30th year of continuous service?
A.
RBI
B.
SIDBI
C.
Central Bank of India
D.
NARARD
Ans:
NARARD
Explanation :
0
[8]Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:
A.
Public
B.
Relatives in the from of loans
C.
Friends
D.
All of the above
Ans:
Relatives in the from of loans
Explanation :
0
[9]Minimum cash reserves fixed by law constitute
A.
A percentage of aggregate deposits of the bank
B.
A percentage of aggregate loans and advances of the bank
C.
A percentage of capital & reserves of the bank
D.
All of the above
Ans:
A percentage of aggregate deposits of the bank
Explanation :
0
[10]The bank conducts Government business as an agent of
A.
Union and state Government
B.
Reserve Bank of India
C.
State Bank of India
D.
SIDBI
Ans:
Reserve Bank of India
Explanation :
0
[11]Which of the following maintains the RIDF (Rural Infrastructure Development Fund) ?
A.
RBI
B.
IDBI
C.
SIDBI
D.
NABARD
Ans:
NABARD
Explanation :
0
[12]RBI known as lender of last restore because:
A.
It has to meet the credit need to citizens to whom no one else is willing to lend
B.
Banks lend to go to RBI as a last restore
C.
It comes to help banks in times of crisis
D.
All of the above
Ans:
It comes to help banks in times of crisis
Explanation :
0
[13]Service Area Approach (SAA) is associated With?
A.
Development banks
B.
Branches of commercial banks situated in metro cities
C.
Urban branches of commercial banks
D.
Rural and Semi-urban branches of commercial banks
Ans:
Rural and Semi-urban branches of commercial banks
Explanation :
0
[14]Which of the following public sector banks has recently celebrated it centenary year?
A.
Central Bank of India
B.
Allahabad Bank
C.
State Bank of India
D.
Bank of Maharashtra
Ans:
Central Bank of India
Explanation :
0
[15]Which Bank is called Apex Bank?
A.
Development Bank of India
B.
NABARD
C.
Reserve Bank of India
D.
SBI
Ans:
Reserve Bank of India
Explanation :
0
[16]Who is the MD and CEO of Corporation Bank?
A.
Suresh N Patel
B.
Jai Kumar Garg
C.
R K Takkar
D.
M O Rego
Ans:
Jai Kumar Garg
Explanation :
0
[17]Regional Rural Banks are empowered to transact the business of banking as defined under
A.
Regional Rural Banks Act, 1976
B.
Negotiable Instruments Act, 1881
C.
Banking Regulation Act, 1949
D.
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
Ans:
Banking Regulation Act, 1949
Explanation :
0
[18]Which commission distributes the taxes between center and states?
A.
Finance Commission
B.
NITI Ayog
C.
SEBI
D.
NABARD
Ans:
Finance Commission
Explanation :
0
[19]The returned non resident Indians are permitted to open the following accounts:
A.
Non resident external account
B.
Non resident ordinary account
C.
RFC account
D.
FCNR account
Ans:
RFC account
Explanation :
0
[20]Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‗Base rate for banks?
A.
Individual Banks’ Board
B.
Ministry of Commerce
C.
Ministry of Finance
D.
RBI
Ans:
RBI
Explanation :
0
[21]Interest on savings bank account is now calculated by banks on?
A.
Minimum balance during the month
B.
Minimum balance from 7th to last day of the month
C.
Minimum balance from 10th to last day of the month
D.
Daily product basis
Ans:
Daily product basis
Explanation :
0
[22]MUDRA Bank as a wholly owned subsidiary of which institutions?
A.
Non-Banking Financial Companies (NBFCs)
B.
Commercial Banks
C.
Micro Finance Institutions (MFIs)
D.
Small Industries Development Bank of India (SIDBI)
Ans:
Small Industries Development Bank of India (SIDBI)
Explanation :
0
[23]What is Repo Rate?
A.
It is a rate at which RBI sells government securities to banks
B.
It is a rate at which RBI buys government securities from banks
C.
It is a rate at which RBI allows small loans in the market
D.
All of these
Ans:
It is a rate at which RBI buys government securities from banks
Explanation :
0
[24] In Banking parlance, ‗NPA stands for
A.
Non Performing Asset
B.
Net Producing Asset
C.
Net Performing Asset
D.
Not Promoting Asset
Ans:
Non Performing Asset
Explanation :
0
[25]After State Bank of India, which of the following banks has the largest number of offices?
A.
Punjab National Bank
B.
Bank of India
C.
Andhra Bank
D.
Canara Bank
Ans:
Punjab National Bank
Explanation :
0
Explanation :
0
[6]The banks included in 2nd schedule of are known as scheduled banks
A.
Banking Regulation Act
B.
Reserve Bank of India Act
C.
Negotiable Instrument Act
D.
Banking (Acquisition & Transfer of Properties)Act
Ans:
Reserve Bank of India Act
Explanation :
0
[7]Which of the following Bank in 2012 has celebrated it 30th year of continuous service?
A.
RBI
B.
SIDBI
C.
Central Bank of India
D.
NARARD
Ans:
NARARD
Explanation :
0
[8]Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:
A.
Public
B.
Relatives in the from of loans
C.
Friends
D.
All of the above
Ans:
Relatives in the from of loans
Explanation :
0
[9]Minimum cash reserves fixed by law constitute
A.
A percentage of aggregate deposits of the bank
B.
A percentage of aggregate loans and advances of the bank
C.
A percentage of capital & reserves of the bank
D.
All of the above
Ans:
A percentage of aggregate deposits of the bank
Explanation :
0
[10]The bank conducts Government business as an agent of
A.
Union and state Government
B.
Reserve Bank of India
C.
State Bank of India
D.
SIDBI
Ans:
Reserve Bank of India
Explanation :
0
[11]Which of the following maintains the RIDF (Rural Infrastructure Development Fund) ?
A.
RBI
B.
IDBI
C.
SIDBI
D.
NABARD
Ans:
NABARD
Explanation :
0
[12]RBI known as lender of last restore because:
A.
It has to meet the credit need to citizens to whom no one else is willing to lend
B.
Banks lend to go to RBI as a last restore
C.
It comes to help banks in times of crisis
D.
All of the above
Ans:
It comes to help banks in times of crisis
Explanation :
0
[13]Service Area Approach (SAA) is associated With?
A.
Development banks
B.
Branches of commercial banks situated in metro cities
C.
Urban branches of commercial banks
D.
Rural and Semi-urban branches of commercial banks
Ans:
Rural and Semi-urban branches of commercial banks
Explanation :
0
[14]Which of the following public sector banks has recently celebrated it centenary year?
A.
Central Bank of India
B.
Allahabad Bank
C.
State Bank of India
D.
Bank of Maharashtra
Ans:
Central Bank of India
Explanation :
0
[15]Which Bank is called Apex Bank?
A.
Development Bank of India
B.
NABARD
C.
Reserve Bank of India
D.
SBI
Ans:
Reserve Bank of India
Explanation :
0
[16]Who is the MD and CEO of Corporation Bank?
A.
Suresh N Patel
B.
Jai Kumar Garg
C.
R K Takkar
D.
M O Rego
Ans:
Jai Kumar Garg
Explanation :
0
[17]Regional Rural Banks are empowered to transact the business of banking as defined under
A.
Regional Rural Banks Act, 1976
B.
Negotiable Instruments Act, 1881
C.
Banking Regulation Act, 1949
D.
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
Ans:
Banking Regulation Act, 1949
Explanation :
0
[18]Which commission distributes the taxes between center and states?
A.
Finance Commission
B.
NITI Ayog
C.
SEBI
D.
NABARD
Ans:
Finance Commission
Explanation :
0
[19]The returned non resident Indians are permitted to open the following accounts:
A.
Non resident external account
B.
Non resident ordinary account
C.
RFC account
D.
FCNR account
Ans:
RFC account
Explanation :
0
[20]Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‗Base rate for banks?
A.
Individual Banks’ Board
B.
Ministry of Commerce
C.
Ministry of Finance
D.
RBI
Ans:
RBI
Explanation :
0
[21]Interest on savings bank account is now calculated by banks on?
A.
Minimum balance during the month
B.
Minimum balance from 7th to last day of the month
C.
Minimum balance from 10th to last day of the month
D.
Daily product basis
Ans:
Daily product basis
Explanation :
0
[22]MUDRA Bank as a wholly owned subsidiary of which institutions?
A.
Non-Banking Financial Companies (NBFCs)
B.
Commercial Banks
C.
Micro Finance Institutions (MFIs)
D.
Small Industries Development Bank of India (SIDBI)
Ans:
Small Industries Development Bank of India (SIDBI)
Explanation :
0
[23]What is Repo Rate?
A.
It is a rate at which RBI sells government securities to banks
B.
It is a rate at which RBI buys government securities from banks
C.
It is a rate at which RBI allows small loans in the market
D.
All of these
Ans:
It is a rate at which RBI buys government securities from banks
Explanation :
0
[24] In Banking parlance, ‗NPA stands for
A.
Non Performing Asset
B.
Net Producing Asset
C.
Net Performing Asset
D.
Not Promoting Asset
Ans:
Non Performing Asset
Explanation :
0
[25]After State Bank of India, which of the following banks has the largest number of offices?
A.
Punjab National Bank
B.
Bank of India
C.
Andhra Bank
D.
Canara Bank
Ans:
Punjab National Bank
Explanation :
0
Explanation :
0
[8]Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:
A.
Public
B.
Relatives in the from of loans
C.
Friends
D.
All of the above
Ans:
Relatives in the from of loans
Explanation :
0
[9]Minimum cash reserves fixed by law constitute
A.
A percentage of aggregate deposits of the bank
B.
A percentage of aggregate loans and advances of the bank
C.
A percentage of capital & reserves of the bank
D.
All of the above
Ans:
A percentage of aggregate deposits of the bank
Explanation :
0
[10]The bank conducts Government business as an agent of
A.
Union and state Government
B.
Reserve Bank of India
C.
State Bank of India
D.
SIDBI
Ans:
Reserve Bank of India
Explanation :
0
[11]Which of the following maintains the RIDF (Rural Infrastructure Development Fund) ?
A.
RBI
B.
IDBI
C.
SIDBI
D.
NABARD
Ans:
NABARD
Explanation :
0
[12]RBI known as lender of last restore because:
A.
It has to meet the credit need to citizens to whom no one else is willing to lend
B.
Banks lend to go to RBI as a last restore
C.
It comes to help banks in times of crisis
D.
All of the above
Ans:
It comes to help banks in times of crisis
Explanation :
0
[13]Service Area Approach (SAA) is associated With?
A.
Development banks
B.
Branches of commercial banks situated in metro cities
C.
Urban branches of commercial banks
D.
Rural and Semi-urban branches of commercial banks
Ans:
Rural and Semi-urban branches of commercial banks
Explanation :
0
[14]Which of the following public sector banks has recently celebrated it centenary year?
A.
Central Bank of India
B.
Allahabad Bank
C.
State Bank of India
D.
Bank of Maharashtra
Ans:
Central Bank of India
Explanation :
0
[15]Which Bank is called Apex Bank?
A.
Development Bank of India
B.
NABARD
C.
Reserve Bank of India
D.
SBI
Ans:
Reserve Bank of India
Explanation :
0
[16]Who is the MD and CEO of Corporation Bank?
A.
Suresh N Patel
B.
Jai Kumar Garg
C.
R K Takkar
D.
M O Rego
Ans:
Jai Kumar Garg
Explanation :
0
[17]Regional Rural Banks are empowered to transact the business of banking as defined under
A.
Regional Rural Banks Act, 1976
B.
Negotiable Instruments Act, 1881
C.
Banking Regulation Act, 1949
D.
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
Ans:
Banking Regulation Act, 1949
Explanation :
0
[18]Which commission distributes the taxes between center and states?
A.
Finance Commission
B.
NITI Ayog
C.
SEBI
D.
NABARD
Ans:
Finance Commission
Explanation :
0
[19]The returned non resident Indians are permitted to open the following accounts:
A.
Non resident external account
B.
Non resident ordinary account
C.
RFC account
D.
FCNR account
Ans:
RFC account
Explanation :
0
[20]Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‗Base rate for banks?
A.
Individual Banks’ Board
B.
Ministry of Commerce
C.
Ministry of Finance
D.
RBI
Ans:
RBI
Explanation :
0
[21]Interest on savings bank account is now calculated by banks on?
A.
Minimum balance during the month
B.
Minimum balance from 7th to last day of the month
C.
Minimum balance from 10th to last day of the month
D.
Daily product basis
Ans:
Daily product basis
Explanation :
0
[22]MUDRA Bank as a wholly owned subsidiary of which institutions?
A.
Non-Banking Financial Companies (NBFCs)
B.
Commercial Banks
C.
Micro Finance Institutions (MFIs)
D.
Small Industries Development Bank of India (SIDBI)
Ans:
Small Industries Development Bank of India (SIDBI)
Explanation :
0
[23]What is Repo Rate?
A.
It is a rate at which RBI sells government securities to banks
B.
It is a rate at which RBI buys government securities from banks
C.
It is a rate at which RBI allows small loans in the market
D.
All of these
Ans:
It is a rate at which RBI buys government securities from banks
Explanation :
0
[24] In Banking parlance, ‗NPA stands for
A.
Non Performing Asset
B.
Net Producing Asset
C.
Net Performing Asset
D.
Not Promoting Asset
Ans:
Non Performing Asset
Explanation :
0
[25]After State Bank of India, which of the following banks has the largest number of offices?
A.
Punjab National Bank
B.
Bank of India
C.
Andhra Bank
D.
Canara Bank
Ans:
Punjab National Bank
Explanation :
0
Explanation :
0
[10]The bank conducts Government business as an agent of
A.
Union and state Government
B.
Reserve Bank of India
C.
State Bank of India
D.
SIDBI
Ans:
Reserve Bank of India
Explanation :
0
[11]Which of the following maintains the RIDF (Rural Infrastructure Development Fund) ?
A.
RBI
B.
IDBI
C.
SIDBI
D.
NABARD
Ans:
NABARD
Explanation :
0
[12]RBI known as lender of last restore because:
A.
It has to meet the credit need to citizens to whom no one else is willing to lend
B.
Banks lend to go to RBI as a last restore
C.
It comes to help banks in times of crisis
D.
All of the above
Ans:
It comes to help banks in times of crisis
Explanation :
0
[13]Service Area Approach (SAA) is associated With?
A.
Development banks
B.
Branches of commercial banks situated in metro cities
C.
Urban branches of commercial banks
D.
Rural and Semi-urban branches of commercial banks
Ans:
Rural and Semi-urban branches of commercial banks
Explanation :
0
[14]Which of the following public sector banks has recently celebrated it centenary year?
A.
Central Bank of India
B.
Allahabad Bank
C.
State Bank of India
D.
Bank of Maharashtra
Ans:
Central Bank of India
Explanation :
0
[15]Which Bank is called Apex Bank?
A.
Development Bank of India
B.
NABARD
C.
Reserve Bank of India
D.
SBI
Ans:
Reserve Bank of India
Explanation :
0
[16]Who is the MD and CEO of Corporation Bank?
A.
Suresh N Patel
B.
Jai Kumar Garg
C.
R K Takkar
D.
M O Rego
Ans:
Jai Kumar Garg
Explanation :
0
[17]Regional Rural Banks are empowered to transact the business of banking as defined under
A.
Regional Rural Banks Act, 1976
B.
Negotiable Instruments Act, 1881
C.
Banking Regulation Act, 1949
D.
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
Ans:
Banking Regulation Act, 1949
Explanation :
0
[18]Which commission distributes the taxes between center and states?
A.
Finance Commission
B.
NITI Ayog
C.
SEBI
D.
NABARD
Ans:
Finance Commission
Explanation :
0
[19]The returned non resident Indians are permitted to open the following accounts:
A.
Non resident external account
B.
Non resident ordinary account
C.
RFC account
D.
FCNR account
Ans:
RFC account
Explanation :
0
[20]Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‗Base rate for banks?
A.
Individual Banks’ Board
B.
Ministry of Commerce
C.
Ministry of Finance
D.
RBI
Ans:
RBI
Explanation :
0
[21]Interest on savings bank account is now calculated by banks on?
A.
Minimum balance during the month
B.
Minimum balance from 7th to last day of the month
C.
Minimum balance from 10th to last day of the month
D.
Daily product basis
Ans:
Daily product basis
Explanation :
0
[22]MUDRA Bank as a wholly owned subsidiary of which institutions?
A.
Non-Banking Financial Companies (NBFCs)
B.
Commercial Banks
C.
Micro Finance Institutions (MFIs)
D.
Small Industries Development Bank of India (SIDBI)
Ans:
Small Industries Development Bank of India (SIDBI)
Explanation :
0
[23]What is Repo Rate?
A.
It is a rate at which RBI sells government securities to banks
B.
It is a rate at which RBI buys government securities from banks
C.
It is a rate at which RBI allows small loans in the market
D.
All of these
Ans:
It is a rate at which RBI buys government securities from banks
Explanation :
0
[24] In Banking parlance, ‗NPA stands for
A.
Non Performing Asset
B.
Net Producing Asset
C.
Net Performing Asset
D.
Not Promoting Asset
Ans:
Non Performing Asset
Explanation :
0
[25]After State Bank of India, which of the following banks has the largest number of offices?
A.
Punjab National Bank
B.
Bank of India
C.
Andhra Bank
D.
Canara Bank
Ans:
Punjab National Bank
Explanation :
0
Explanation :
0
[12]RBI known as lender of last restore because:
A.
It has to meet the credit need to citizens to whom no one else is willing to lend
B.
Banks lend to go to RBI as a last restore
C.
It comes to help banks in times of crisis
D.
All of the above
Ans:
It comes to help banks in times of crisis
Explanation :
0
[13]Service Area Approach (SAA) is associated With?
A.
Development banks
B.
Branches of commercial banks situated in metro cities
C.
Urban branches of commercial banks
D.
Rural and Semi-urban branches of commercial banks
Ans:
Rural and Semi-urban branches of commercial banks
Explanation :
0
[14]Which of the following public sector banks has recently celebrated it centenary year?
A.
Central Bank of India
B.
Allahabad Bank
C.
State Bank of India
D.
Bank of Maharashtra
Ans:
Central Bank of India
Explanation :
0
[15]Which Bank is called Apex Bank?
A.
Development Bank of India
B.
NABARD
C.
Reserve Bank of India
D.
SBI
Ans:
Reserve Bank of India
Explanation :
0
[16]Who is the MD and CEO of Corporation Bank?
A.
Suresh N Patel
B.
Jai Kumar Garg
C.
R K Takkar
D.
M O Rego
Ans:
Jai Kumar Garg
Explanation :
0
[17]Regional Rural Banks are empowered to transact the business of banking as defined under
A.
Regional Rural Banks Act, 1976
B.
Negotiable Instruments Act, 1881
C.
Banking Regulation Act, 1949
D.
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
Ans:
Banking Regulation Act, 1949
Explanation :
0
[18]Which commission distributes the taxes between center and states?
A.
Finance Commission
B.
NITI Ayog
C.
SEBI
D.
NABARD
Ans:
Finance Commission
Explanation :
0
[19]The returned non resident Indians are permitted to open the following accounts:
A.
Non resident external account
B.
Non resident ordinary account
C.
RFC account
D.
FCNR account
Ans:
RFC account
Explanation :
0
[20]Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‗Base rate for banks?
A.
Individual Banks’ Board
B.
Ministry of Commerce
C.
Ministry of Finance
D.
RBI
Ans:
RBI
Explanation :
0
[21]Interest on savings bank account is now calculated by banks on?
A.
Minimum balance during the month
B.
Minimum balance from 7th to last day of the month
C.
Minimum balance from 10th to last day of the month
D.
Daily product basis
Ans:
Daily product basis
Explanation :
0
[22]MUDRA Bank as a wholly owned subsidiary of which institutions?
A.
Non-Banking Financial Companies (NBFCs)
B.
Commercial Banks
C.
Micro Finance Institutions (MFIs)
D.
Small Industries Development Bank of India (SIDBI)
Ans:
Small Industries Development Bank of India (SIDBI)
Explanation :
0
[23]What is Repo Rate?
A.
It is a rate at which RBI sells government securities to banks
B.
It is a rate at which RBI buys government securities from banks
C.
It is a rate at which RBI allows small loans in the market
D.
All of these
Ans:
It is a rate at which RBI buys government securities from banks
Explanation :
0
[24] In Banking parlance, ‗NPA stands for
A.
Non Performing Asset
B.
Net Producing Asset
C.
Net Performing Asset
D.
Not Promoting Asset
Ans:
Non Performing Asset
Explanation :
0
[25]After State Bank of India, which of the following banks has the largest number of offices?
A.
Punjab National Bank
B.
Bank of India
C.
Andhra Bank
D.
Canara Bank
Ans:
Punjab National Bank
Explanation :
0
Explanation :
0
[14]Which of the following public sector banks has recently celebrated it centenary year?
A.
Central Bank of India
B.
Allahabad Bank
C.
State Bank of India
D.
Bank of Maharashtra
Ans:
Central Bank of India
Explanation :
0
[15]Which Bank is called Apex Bank?
A.
Development Bank of India
B.
NABARD
C.
Reserve Bank of India
D.
SBI
Ans:
Reserve Bank of India
Explanation :
0
[16]Who is the MD and CEO of Corporation Bank?
A.
Suresh N Patel
B.
Jai Kumar Garg
C.
R K Takkar
D.
M O Rego
Ans:
Jai Kumar Garg
Explanation :
0
[17]Regional Rural Banks are empowered to transact the business of banking as defined under
A.
Regional Rural Banks Act, 1976
B.
Negotiable Instruments Act, 1881
C.
Banking Regulation Act, 1949
D.
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
Ans:
Banking Regulation Act, 1949
Explanation :
0
[18]Which commission distributes the taxes between center and states?
A.
Finance Commission
B.
NITI Ayog
C.
SEBI
D.
NABARD
Ans:
Finance Commission
Explanation :
0
[19]The returned non resident Indians are permitted to open the following accounts:
A.
Non resident external account
B.
Non resident ordinary account
C.
RFC account
D.
FCNR account
Ans:
RFC account
Explanation :
0
[20]Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‗Base rate for banks?
A.
Individual Banks’ Board
B.
Ministry of Commerce
C.
Ministry of Finance
D.
RBI
Ans:
RBI
Explanation :
0
[21]Interest on savings bank account is now calculated by banks on?
A.
Minimum balance during the month
B.
Minimum balance from 7th to last day of the month
C.
Minimum balance from 10th to last day of the month
D.
Daily product basis
Ans:
Daily product basis
Explanation :
0
[22]MUDRA Bank as a wholly owned subsidiary of which institutions?
A.
Non-Banking Financial Companies (NBFCs)
B.
Commercial Banks
C.
Micro Finance Institutions (MFIs)
D.
Small Industries Development Bank of India (SIDBI)
Ans:
Small Industries Development Bank of India (SIDBI)
Explanation :
0
[23]What is Repo Rate?
A.
It is a rate at which RBI sells government securities to banks
B.
It is a rate at which RBI buys government securities from banks
C.
It is a rate at which RBI allows small loans in the market
D.
All of these
Ans:
It is a rate at which RBI buys government securities from banks
Explanation :
0
[24] In Banking parlance, ‗NPA stands for
A.
Non Performing Asset
B.
Net Producing Asset
C.
Net Performing Asset
D.
Not Promoting Asset
Ans:
Non Performing Asset
Explanation :
0
[25]After State Bank of India, which of the following banks has the largest number of offices?
A.
Punjab National Bank
B.
Bank of India
C.
Andhra Bank
D.
Canara Bank
Ans:
Punjab National Bank
Explanation :
0
Explanation :
0
[16]Who is the MD and CEO of Corporation Bank?
A.
Suresh N Patel
B.
Jai Kumar Garg
C.
R K Takkar
D.
M O Rego
Ans:
Jai Kumar Garg
Explanation :
0
[17]Regional Rural Banks are empowered to transact the business of banking as defined under
A.
Regional Rural Banks Act, 1976
B.
Negotiable Instruments Act, 1881
C.
Banking Regulation Act, 1949
D.
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
Ans:
Banking Regulation Act, 1949
Explanation :
0
[18]Which commission distributes the taxes between center and states?
A.
Finance Commission
B.
NITI Ayog
C.
SEBI
D.
NABARD
Ans:
Finance Commission
Explanation :
0
[19]The returned non resident Indians are permitted to open the following accounts:
A.
Non resident external account
B.
Non resident ordinary account
C.
RFC account
D.
FCNR account
Ans:
RFC account
Explanation :
0
[20]Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‗Base rate for banks?
A.
Individual Banks’ Board
B.
Ministry of Commerce
C.
Ministry of Finance
D.
RBI
Ans:
RBI
Explanation :
0
[21]Interest on savings bank account is now calculated by banks on?
A.
Minimum balance during the month
B.
Minimum balance from 7th to last day of the month
C.
Minimum balance from 10th to last day of the month
D.
Daily product basis
Ans:
Daily product basis
Explanation :
0
[22]MUDRA Bank as a wholly owned subsidiary of which institutions?
A.
Non-Banking Financial Companies (NBFCs)
B.
Commercial Banks
C.
Micro Finance Institutions (MFIs)
D.
Small Industries Development Bank of India (SIDBI)
Ans:
Small Industries Development Bank of India (SIDBI)
Explanation :
0
[23]What is Repo Rate?
A.
It is a rate at which RBI sells government securities to banks
B.
It is a rate at which RBI buys government securities from banks
C.
It is a rate at which RBI allows small loans in the market
D.
All of these
Ans:
It is a rate at which RBI buys government securities from banks
Explanation :
0
[24] In Banking parlance, ‗NPA stands for
A.
Non Performing Asset
B.
Net Producing Asset
C.
Net Performing Asset
D.
Not Promoting Asset
Ans:
Non Performing Asset
Explanation :
0
[25]After State Bank of India, which of the following banks has the largest number of offices?
A.
Punjab National Bank
B.
Bank of India
C.
Andhra Bank
D.
Canara Bank
Ans:
Punjab National Bank
Explanation :
0
Explanation :
0
[18]Which commission distributes the taxes between center and states?
A.
Finance Commission
B.
NITI Ayog
C.
SEBI
D.
NABARD
Ans:
Finance Commission
Explanation :
0
[19]The returned non resident Indians are permitted to open the following accounts:
A.
Non resident external account
B.
Non resident ordinary account
C.
RFC account
D.
FCNR account
Ans:
RFC account
Explanation :
0
[20]Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‗Base rate for banks?
A.
Individual Banks’ Board
B.
Ministry of Commerce
C.
Ministry of Finance
D.
RBI
Ans:
RBI
Explanation :
0
[21]Interest on savings bank account is now calculated by banks on?
A.
Minimum balance during the month
B.
Minimum balance from 7th to last day of the month
C.
Minimum balance from 10th to last day of the month
D.
Daily product basis
Ans:
Daily product basis
Explanation :
0
[22]MUDRA Bank as a wholly owned subsidiary of which institutions?
A.
Non-Banking Financial Companies (NBFCs)
B.
Commercial Banks
C.
Micro Finance Institutions (MFIs)
D.
Small Industries Development Bank of India (SIDBI)
Ans:
Small Industries Development Bank of India (SIDBI)
Explanation :
0
[23]What is Repo Rate?
A.
It is a rate at which RBI sells government securities to banks
B.
It is a rate at which RBI buys government securities from banks
C.
It is a rate at which RBI allows small loans in the market
D.
All of these
Ans:
It is a rate at which RBI buys government securities from banks
Explanation :
0
[24] In Banking parlance, ‗NPA stands for
A.
Non Performing Asset
B.
Net Producing Asset
C.
Net Performing Asset
D.
Not Promoting Asset
Ans:
Non Performing Asset
Explanation :
0
[25]After State Bank of India, which of the following banks has the largest number of offices?
A.
Punjab National Bank
B.
Bank of India
C.
Andhra Bank
D.
Canara Bank
Ans:
Punjab National Bank
Explanation :
0
Explanation :
0
[20]Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‗Base rate for banks?
A.
Individual Banks’ Board
B.
Ministry of Commerce
C.
Ministry of Finance
D.
RBI
Ans:
RBI
Explanation :
0
[21]Interest on savings bank account is now calculated by banks on?
A.
Minimum balance during the month
B.
Minimum balance from 7th to last day of the month
C.
Minimum balance from 10th to last day of the month
D.
Daily product basis
Ans:
Daily product basis
Explanation :
0
[22]MUDRA Bank as a wholly owned subsidiary of which institutions?
A.
Non-Banking Financial Companies (NBFCs)
B.
Commercial Banks
C.
Micro Finance Institutions (MFIs)
D.
Small Industries Development Bank of India (SIDBI)
Ans:
Small Industries Development Bank of India (SIDBI)
Explanation :
0
[23]What is Repo Rate?
A.
It is a rate at which RBI sells government securities to banks
B.
It is a rate at which RBI buys government securities from banks
C.
It is a rate at which RBI allows small loans in the market
D.
All of these
Ans:
It is a rate at which RBI buys government securities from banks
Explanation :
0
[24] In Banking parlance, ‗NPA stands for
A.
Non Performing Asset
B.
Net Producing Asset
C.
Net Performing Asset
D.
Not Promoting Asset
Ans:
Non Performing Asset
Explanation :
0
[25]After State Bank of India, which of the following banks has the largest number of offices?
A.
Punjab National Bank
B.
Bank of India
C.
Andhra Bank
D.
Canara Bank
Ans:
Punjab National Bank
Explanation :
0
Explanation :
0
[22]MUDRA Bank as a wholly owned subsidiary of which institutions?
A.
Non-Banking Financial Companies (NBFCs)
B.
Commercial Banks
C.
Micro Finance Institutions (MFIs)
D.
Small Industries Development Bank of India (SIDBI)
Ans:
Small Industries Development Bank of India (SIDBI)
Explanation :
0
[23]What is Repo Rate?
A.
It is a rate at which RBI sells government securities to banks
B.
It is a rate at which RBI buys government securities from banks
C.
It is a rate at which RBI allows small loans in the market
D.
All of these
Ans:
It is a rate at which RBI buys government securities from banks
Explanation :
0
[24] In Banking parlance, ‗NPA stands for
A.
Non Performing Asset
B.
Net Producing Asset
C.
Net Performing Asset
D.
Not Promoting Asset
Ans:
Non Performing Asset
Explanation :
0
[25]After State Bank of India, which of the following banks has the largest number of offices?
A.
Punjab National Bank
B.
Bank of India
C.
Andhra Bank
D.
Canara Bank
Ans:
Punjab National Bank
Explanation :
0
Explanation :
0
[24] In Banking parlance, ‗NPA stands for
A.
Non Performing Asset
B.
Net Producing Asset
C.
Net Performing Asset
D.
Not Promoting Asset
Ans:
Non Performing Asset
Explanation :
0
[25]After State Bank of India, which of the following banks has the largest number of offices?
A.
Punjab National Bank
B.
Bank of India
C.
Andhra Bank
D.
Canara Bank
Ans:
Punjab National Bank
Explanation :
0
Explanation :
0