[1]New and re-issuable currency notes are stored in
A.
Currency chests
B.
Treasuries
C.
Branches
D.
Service units
Ans:
Currency chests
Explanation :
0
[2]RBI has introduced Marginal Standing Facility‖ with the objective of:
A.
Controlling Inflation
B.
Containing instability in long term inter-bank rates
C.
Containing instability in the overnight inter-bank rates
D.
All of the above
Ans:
Containing instability in the overnight inter-bank rates
Explanation :
0
[3]In International Banking terms,‖Appreciation‖ of Rupee means
A.
Excess of exports over imports
B.
Purchasing power of rupee has come down
C.
Availability of less foreign currency vis-a-vis rupee
D.
Excess of imports over exports
Ans:
Availability of less foreign currency vis-a-vis rupee
Explanation :
0
[4]Rupee denominated bonds issues by Indian companies in order to raise funds offshore are called
A.
Convertible bonds
B.
Global development bonds
C.
Callable Bonds
D.
Masala Bonds
Ans:
Masala Bonds
Explanation :
0
[5]Which of the following types of institutions operate in call money market only as lenders ?
A.
Primary dealers
B.
State Bank of India
C.
Commercial Banks
D.
Insurance companies
Ans:
Insurance companies
Explanation :
0
[6]Reserve Bank of India (RBI) has asked banks to provide loans up to Rs. 3 lakh to Women Self- Help Group (SHG) at a discounted rate of
A.
0.04
B.
0.06
C.
0.07
D.
0.09
Ans:
0.07
Explanation :
0
[7]The safest form of Crossed Cheque is
A.
Double Crossing
B.
General Crossing
C.
Special Crossing
D.
Account payee crossing
Ans:
Account payee crossing
Explanation :
0
[8]Which of the following rates signals the RBIs long-term outlook on interest rates?
A.
Repo Rate(RR)
B.
Reverse Repo Rate (RRR)
C.
Bank Rate (BR)
D.
Statutory Liquidity Ratio (SLR)
Ans:
Bank Rate (BR)
Explanation :
0
[9]Mutual Funds are regulated by
A.
Reserve Bank of India
B.
Securities and Exchange Board of India
C.
Small industrial development bank of India
D.
State Bank of India
Ans:
Securities and Exchange Board of India
Explanation :
0
[10]The Headquarters of SMERA is located in
A.
Mumbai
B.
New Delhi
C.
Hyderabad
D.
Gurugram
Ans:
Mumbai
Explanation :
0
[11]Which of the following is NOT a KYC requirement while opening a bank account?
A.
A proof of identity
B.
A proof of address
C.
A proof of income
D.
A recent photograph
Ans:
A proof of income
Explanation :
0
[12]Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
A.
bearer
B.
cross
C.
order
D.
All of the above
Ans:
cross
Explanation :
0
[13]NABARD is responsible for regulating and supervising the functions of
A.
Investment and Industrial Finance Banks
B.
Cooperative Banks and Regional Rural Banks
C.
Corporate Finance and Overseas Banking Units
D.
Private Sector and Multinational Banks
Ans:
Cooperative Banks and Regional Rural Banks
Explanation :
0
[14]Which of the following financial institutions is based in the Basel city of Switzerland?
A.
IMF
B.
World Bank
C.
ADB
D.
BIS
Ans:
BIS
Explanation :
0
[15]It is a tax which is levied at the same rate at all income levels.
A.
Progressive Tax
B.
Regressive Tax
C.
Proportional Tax
D.
Sales Tax
Ans:
Proportional Tax
Explanation :
0
[16]A financial contract that derives its value from another asset or an index of asset values is known as
A.
Insurance Policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[17]What is a Green Index?
A.
It measures the nation’s wealth according to GNP per Capita
B.
It measures the nation’s wealth according to GDP per Capita
C.
It measures nation’s wealth according to provisions of control on greenhouse gases
D.
It measures the nation’s wealth in terms of coverage of forest area.
Ans:
It measures nation’s wealth according to provisions of control on greenhouse gases
Explanation :
0
[18]With which article of the Indian Constitution is Money Bill related?
A.
Article 110
B.
Article 109
C.
Article 108
D.
Article 107
Ans:
Article 110
Explanation :
0
[19]Which of the following is not the name of a bank functioning in India?
A.
Central Bank of India
B.
UCO Bank
C.
Aegon Religare
D.
Dena Bank
Ans:
Aegon Religare
Explanation :
0
[20]Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
A.
Laxmi Vilas Bank
B.
Federal Bank
C.
South Indian Bank
D.
Karnataka Bank
Ans:
Federal Bank
Explanation :
0
[21]If you are taking a housing loan by depositing your house documents by mortgaging your house it is known as
A.
Mortgage
B.
Pledge
C.
Collateral
D.
lien
Ans:
Pledge
Explanation :
0
[22]What is the limitation period for filing a case in a Consumer court?
A.
Two years from the date of cause of action
B.
Two years from the date purchase of good or service
C.
Three year from the date of cause of action
D.
One month from the date of purchase
Ans:
Two years from the date of cause of action
Explanation :
0
[23]Which is incorrect about NBFC (Non-Banking Financial Company) ?
A.
The deposits with NBFCs are not insured
B.
deposit insurance facility of Deposit Insurance and Credit Guarantee Corporati n is not available to depositors of NBFCs, unlike in case of banks
C.
NBFCs do not form bapart of the payment and settlement system and cannot issue cheques drawn on itself
D.
NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum
Ans:
The deposits with NBFCs are not insured
Explanation :
0
[24]Who appoints the deputy governors of RBI?
A.
Union Government of India
B.
Board of directors of RBI
C.
RBI Governor
D.
President of India
Ans:
Union Government of India
Explanation :
0
[25]Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
Ans:
Ministry of Finance
Explanation :
0
Explanation :
0
[2]RBI has introduced Marginal Standing Facility‖ with the objective of:
A.
Controlling Inflation
B.
Containing instability in long term inter-bank rates
C.
Containing instability in the overnight inter-bank rates
D.
All of the above
Ans:
Containing instability in the overnight inter-bank rates
Explanation :
0
[3]In International Banking terms,‖Appreciation‖ of Rupee means
A.
Excess of exports over imports
B.
Purchasing power of rupee has come down
C.
Availability of less foreign currency vis-a-vis rupee
D.
Excess of imports over exports
Ans:
Availability of less foreign currency vis-a-vis rupee
Explanation :
0
[4]Rupee denominated bonds issues by Indian companies in order to raise funds offshore are called
A.
Convertible bonds
B.
Global development bonds
C.
Callable Bonds
D.
Masala Bonds
Ans:
Masala Bonds
Explanation :
0
[5]Which of the following types of institutions operate in call money market only as lenders ?
A.
Primary dealers
B.
State Bank of India
C.
Commercial Banks
D.
Insurance companies
Ans:
Insurance companies
Explanation :
0
[6]Reserve Bank of India (RBI) has asked banks to provide loans up to Rs. 3 lakh to Women Self- Help Group (SHG) at a discounted rate of
A.
0.04
B.
0.06
C.
0.07
D.
0.09
Ans:
0.07
Explanation :
0
[7]The safest form of Crossed Cheque is
A.
Double Crossing
B.
General Crossing
C.
Special Crossing
D.
Account payee crossing
Ans:
Account payee crossing
Explanation :
0
[8]Which of the following rates signals the RBIs long-term outlook on interest rates?
A.
Repo Rate(RR)
B.
Reverse Repo Rate (RRR)
C.
Bank Rate (BR)
D.
Statutory Liquidity Ratio (SLR)
Ans:
Bank Rate (BR)
Explanation :
0
[9]Mutual Funds are regulated by
A.
Reserve Bank of India
B.
Securities and Exchange Board of India
C.
Small industrial development bank of India
D.
State Bank of India
Ans:
Securities and Exchange Board of India
Explanation :
0
[10]The Headquarters of SMERA is located in
A.
Mumbai
B.
New Delhi
C.
Hyderabad
D.
Gurugram
Ans:
Mumbai
Explanation :
0
[11]Which of the following is NOT a KYC requirement while opening a bank account?
A.
A proof of identity
B.
A proof of address
C.
A proof of income
D.
A recent photograph
Ans:
A proof of income
Explanation :
0
[12]Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
A.
bearer
B.
cross
C.
order
D.
All of the above
Ans:
cross
Explanation :
0
[13]NABARD is responsible for regulating and supervising the functions of
A.
Investment and Industrial Finance Banks
B.
Cooperative Banks and Regional Rural Banks
C.
Corporate Finance and Overseas Banking Units
D.
Private Sector and Multinational Banks
Ans:
Cooperative Banks and Regional Rural Banks
Explanation :
0
[14]Which of the following financial institutions is based in the Basel city of Switzerland?
A.
IMF
B.
World Bank
C.
ADB
D.
BIS
Ans:
BIS
Explanation :
0
[15]It is a tax which is levied at the same rate at all income levels.
A.
Progressive Tax
B.
Regressive Tax
C.
Proportional Tax
D.
Sales Tax
Ans:
Proportional Tax
Explanation :
0
[16]A financial contract that derives its value from another asset or an index of asset values is known as
A.
Insurance Policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[17]What is a Green Index?
A.
It measures the nation’s wealth according to GNP per Capita
B.
It measures the nation’s wealth according to GDP per Capita
C.
It measures nation’s wealth according to provisions of control on greenhouse gases
D.
It measures the nation’s wealth in terms of coverage of forest area.
Ans:
It measures nation’s wealth according to provisions of control on greenhouse gases
Explanation :
0
[18]With which article of the Indian Constitution is Money Bill related?
A.
Article 110
B.
Article 109
C.
Article 108
D.
Article 107
Ans:
Article 110
Explanation :
0
[19]Which of the following is not the name of a bank functioning in India?
A.
Central Bank of India
B.
UCO Bank
C.
Aegon Religare
D.
Dena Bank
Ans:
Aegon Religare
Explanation :
0
[20]Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
A.
Laxmi Vilas Bank
B.
Federal Bank
C.
South Indian Bank
D.
Karnataka Bank
Ans:
Federal Bank
Explanation :
0
[21]If you are taking a housing loan by depositing your house documents by mortgaging your house it is known as
A.
Mortgage
B.
Pledge
C.
Collateral
D.
lien
Ans:
Pledge
Explanation :
0
[22]What is the limitation period for filing a case in a Consumer court?
A.
Two years from the date of cause of action
B.
Two years from the date purchase of good or service
C.
Three year from the date of cause of action
D.
One month from the date of purchase
Ans:
Two years from the date of cause of action
Explanation :
0
[23]Which is incorrect about NBFC (Non-Banking Financial Company) ?
A.
The deposits with NBFCs are not insured
B.
deposit insurance facility of Deposit Insurance and Credit Guarantee Corporati n is not available to depositors of NBFCs, unlike in case of banks
C.
NBFCs do not form bapart of the payment and settlement system and cannot issue cheques drawn on itself
D.
NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum
Ans:
The deposits with NBFCs are not insured
Explanation :
0
[24]Who appoints the deputy governors of RBI?
A.
Union Government of India
B.
Board of directors of RBI
C.
RBI Governor
D.
President of India
Ans:
Union Government of India
Explanation :
0
[25]Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
Ans:
Ministry of Finance
Explanation :
0
Explanation :
0
[4]Rupee denominated bonds issues by Indian companies in order to raise funds offshore are called
A.
Convertible bonds
B.
Global development bonds
C.
Callable Bonds
D.
Masala Bonds
Ans:
Masala Bonds
Explanation :
0
[5]Which of the following types of institutions operate in call money market only as lenders ?
A.
Primary dealers
B.
State Bank of India
C.
Commercial Banks
D.
Insurance companies
Ans:
Insurance companies
Explanation :
0
[6]Reserve Bank of India (RBI) has asked banks to provide loans up to Rs. 3 lakh to Women Self- Help Group (SHG) at a discounted rate of
A.
0.04
B.
0.06
C.
0.07
D.
0.09
Ans:
0.07
Explanation :
0
[7]The safest form of Crossed Cheque is
A.
Double Crossing
B.
General Crossing
C.
Special Crossing
D.
Account payee crossing
Ans:
Account payee crossing
Explanation :
0
[8]Which of the following rates signals the RBIs long-term outlook on interest rates?
A.
Repo Rate(RR)
B.
Reverse Repo Rate (RRR)
C.
Bank Rate (BR)
D.
Statutory Liquidity Ratio (SLR)
Ans:
Bank Rate (BR)
Explanation :
0
[9]Mutual Funds are regulated by
A.
Reserve Bank of India
B.
Securities and Exchange Board of India
C.
Small industrial development bank of India
D.
State Bank of India
Ans:
Securities and Exchange Board of India
Explanation :
0
[10]The Headquarters of SMERA is located in
A.
Mumbai
B.
New Delhi
C.
Hyderabad
D.
Gurugram
Ans:
Mumbai
Explanation :
0
[11]Which of the following is NOT a KYC requirement while opening a bank account?
A.
A proof of identity
B.
A proof of address
C.
A proof of income
D.
A recent photograph
Ans:
A proof of income
Explanation :
0
[12]Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
A.
bearer
B.
cross
C.
order
D.
All of the above
Ans:
cross
Explanation :
0
[13]NABARD is responsible for regulating and supervising the functions of
A.
Investment and Industrial Finance Banks
B.
Cooperative Banks and Regional Rural Banks
C.
Corporate Finance and Overseas Banking Units
D.
Private Sector and Multinational Banks
Ans:
Cooperative Banks and Regional Rural Banks
Explanation :
0
[14]Which of the following financial institutions is based in the Basel city of Switzerland?
A.
IMF
B.
World Bank
C.
ADB
D.
BIS
Ans:
BIS
Explanation :
0
[15]It is a tax which is levied at the same rate at all income levels.
A.
Progressive Tax
B.
Regressive Tax
C.
Proportional Tax
D.
Sales Tax
Ans:
Proportional Tax
Explanation :
0
[16]A financial contract that derives its value from another asset or an index of asset values is known as
A.
Insurance Policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[17]What is a Green Index?
A.
It measures the nation’s wealth according to GNP per Capita
B.
It measures the nation’s wealth according to GDP per Capita
C.
It measures nation’s wealth according to provisions of control on greenhouse gases
D.
It measures the nation’s wealth in terms of coverage of forest area.
Ans:
It measures nation’s wealth according to provisions of control on greenhouse gases
Explanation :
0
[18]With which article of the Indian Constitution is Money Bill related?
A.
Article 110
B.
Article 109
C.
Article 108
D.
Article 107
Ans:
Article 110
Explanation :
0
[19]Which of the following is not the name of a bank functioning in India?
A.
Central Bank of India
B.
UCO Bank
C.
Aegon Religare
D.
Dena Bank
Ans:
Aegon Religare
Explanation :
0
[20]Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
A.
Laxmi Vilas Bank
B.
Federal Bank
C.
South Indian Bank
D.
Karnataka Bank
Ans:
Federal Bank
Explanation :
0
[21]If you are taking a housing loan by depositing your house documents by mortgaging your house it is known as
A.
Mortgage
B.
Pledge
C.
Collateral
D.
lien
Ans:
Pledge
Explanation :
0
[22]What is the limitation period for filing a case in a Consumer court?
A.
Two years from the date of cause of action
B.
Two years from the date purchase of good or service
C.
Three year from the date of cause of action
D.
One month from the date of purchase
Ans:
Two years from the date of cause of action
Explanation :
0
[23]Which is incorrect about NBFC (Non-Banking Financial Company) ?
A.
The deposits with NBFCs are not insured
B.
deposit insurance facility of Deposit Insurance and Credit Guarantee Corporati n is not available to depositors of NBFCs, unlike in case of banks
C.
NBFCs do not form bapart of the payment and settlement system and cannot issue cheques drawn on itself
D.
NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum
Ans:
The deposits with NBFCs are not insured
Explanation :
0
[24]Who appoints the deputy governors of RBI?
A.
Union Government of India
B.
Board of directors of RBI
C.
RBI Governor
D.
President of India
Ans:
Union Government of India
Explanation :
0
[25]Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
Ans:
Ministry of Finance
Explanation :
0
Explanation :
0
[6]Reserve Bank of India (RBI) has asked banks to provide loans up to Rs. 3 lakh to Women Self- Help Group (SHG) at a discounted rate of
A.
0.04
B.
0.06
C.
0.07
D.
0.09
Ans:
0.07
Explanation :
0
[7]The safest form of Crossed Cheque is
A.
Double Crossing
B.
General Crossing
C.
Special Crossing
D.
Account payee crossing
Ans:
Account payee crossing
Explanation :
0
[8]Which of the following rates signals the RBIs long-term outlook on interest rates?
A.
Repo Rate(RR)
B.
Reverse Repo Rate (RRR)
C.
Bank Rate (BR)
D.
Statutory Liquidity Ratio (SLR)
Ans:
Bank Rate (BR)
Explanation :
0
[9]Mutual Funds are regulated by
A.
Reserve Bank of India
B.
Securities and Exchange Board of India
C.
Small industrial development bank of India
D.
State Bank of India
Ans:
Securities and Exchange Board of India
Explanation :
0
[10]The Headquarters of SMERA is located in
A.
Mumbai
B.
New Delhi
C.
Hyderabad
D.
Gurugram
Ans:
Mumbai
Explanation :
0
[11]Which of the following is NOT a KYC requirement while opening a bank account?
A.
A proof of identity
B.
A proof of address
C.
A proof of income
D.
A recent photograph
Ans:
A proof of income
Explanation :
0
[12]Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
A.
bearer
B.
cross
C.
order
D.
All of the above
Ans:
cross
Explanation :
0
[13]NABARD is responsible for regulating and supervising the functions of
A.
Investment and Industrial Finance Banks
B.
Cooperative Banks and Regional Rural Banks
C.
Corporate Finance and Overseas Banking Units
D.
Private Sector and Multinational Banks
Ans:
Cooperative Banks and Regional Rural Banks
Explanation :
0
[14]Which of the following financial institutions is based in the Basel city of Switzerland?
A.
IMF
B.
World Bank
C.
ADB
D.
BIS
Ans:
BIS
Explanation :
0
[15]It is a tax which is levied at the same rate at all income levels.
A.
Progressive Tax
B.
Regressive Tax
C.
Proportional Tax
D.
Sales Tax
Ans:
Proportional Tax
Explanation :
0
[16]A financial contract that derives its value from another asset or an index of asset values is known as
A.
Insurance Policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[17]What is a Green Index?
A.
It measures the nation’s wealth according to GNP per Capita
B.
It measures the nation’s wealth according to GDP per Capita
C.
It measures nation’s wealth according to provisions of control on greenhouse gases
D.
It measures the nation’s wealth in terms of coverage of forest area.
Ans:
It measures nation’s wealth according to provisions of control on greenhouse gases
Explanation :
0
[18]With which article of the Indian Constitution is Money Bill related?
A.
Article 110
B.
Article 109
C.
Article 108
D.
Article 107
Ans:
Article 110
Explanation :
0
[19]Which of the following is not the name of a bank functioning in India?
A.
Central Bank of India
B.
UCO Bank
C.
Aegon Religare
D.
Dena Bank
Ans:
Aegon Religare
Explanation :
0
[20]Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
A.
Laxmi Vilas Bank
B.
Federal Bank
C.
South Indian Bank
D.
Karnataka Bank
Ans:
Federal Bank
Explanation :
0
[21]If you are taking a housing loan by depositing your house documents by mortgaging your house it is known as
A.
Mortgage
B.
Pledge
C.
Collateral
D.
lien
Ans:
Pledge
Explanation :
0
[22]What is the limitation period for filing a case in a Consumer court?
A.
Two years from the date of cause of action
B.
Two years from the date purchase of good or service
C.
Three year from the date of cause of action
D.
One month from the date of purchase
Ans:
Two years from the date of cause of action
Explanation :
0
[23]Which is incorrect about NBFC (Non-Banking Financial Company) ?
A.
The deposits with NBFCs are not insured
B.
deposit insurance facility of Deposit Insurance and Credit Guarantee Corporati n is not available to depositors of NBFCs, unlike in case of banks
C.
NBFCs do not form bapart of the payment and settlement system and cannot issue cheques drawn on itself
D.
NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum
Ans:
The deposits with NBFCs are not insured
Explanation :
0
[24]Who appoints the deputy governors of RBI?
A.
Union Government of India
B.
Board of directors of RBI
C.
RBI Governor
D.
President of India
Ans:
Union Government of India
Explanation :
0
[25]Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
Ans:
Ministry of Finance
Explanation :
0
Explanation :
0
[8]Which of the following rates signals the RBIs long-term outlook on interest rates?
A.
Repo Rate(RR)
B.
Reverse Repo Rate (RRR)
C.
Bank Rate (BR)
D.
Statutory Liquidity Ratio (SLR)
Ans:
Bank Rate (BR)
Explanation :
0
[9]Mutual Funds are regulated by
A.
Reserve Bank of India
B.
Securities and Exchange Board of India
C.
Small industrial development bank of India
D.
State Bank of India
Ans:
Securities and Exchange Board of India
Explanation :
0
[10]The Headquarters of SMERA is located in
A.
Mumbai
B.
New Delhi
C.
Hyderabad
D.
Gurugram
Ans:
Mumbai
Explanation :
0
[11]Which of the following is NOT a KYC requirement while opening a bank account?
A.
A proof of identity
B.
A proof of address
C.
A proof of income
D.
A recent photograph
Ans:
A proof of income
Explanation :
0
[12]Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
A.
bearer
B.
cross
C.
order
D.
All of the above
Ans:
cross
Explanation :
0
[13]NABARD is responsible for regulating and supervising the functions of
A.
Investment and Industrial Finance Banks
B.
Cooperative Banks and Regional Rural Banks
C.
Corporate Finance and Overseas Banking Units
D.
Private Sector and Multinational Banks
Ans:
Cooperative Banks and Regional Rural Banks
Explanation :
0
[14]Which of the following financial institutions is based in the Basel city of Switzerland?
A.
IMF
B.
World Bank
C.
ADB
D.
BIS
Ans:
BIS
Explanation :
0
[15]It is a tax which is levied at the same rate at all income levels.
A.
Progressive Tax
B.
Regressive Tax
C.
Proportional Tax
D.
Sales Tax
Ans:
Proportional Tax
Explanation :
0
[16]A financial contract that derives its value from another asset or an index of asset values is known as
A.
Insurance Policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[17]What is a Green Index?
A.
It measures the nation’s wealth according to GNP per Capita
B.
It measures the nation’s wealth according to GDP per Capita
C.
It measures nation’s wealth according to provisions of control on greenhouse gases
D.
It measures the nation’s wealth in terms of coverage of forest area.
Ans:
It measures nation’s wealth according to provisions of control on greenhouse gases
Explanation :
0
[18]With which article of the Indian Constitution is Money Bill related?
A.
Article 110
B.
Article 109
C.
Article 108
D.
Article 107
Ans:
Article 110
Explanation :
0
[19]Which of the following is not the name of a bank functioning in India?
A.
Central Bank of India
B.
UCO Bank
C.
Aegon Religare
D.
Dena Bank
Ans:
Aegon Religare
Explanation :
0
[20]Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
A.
Laxmi Vilas Bank
B.
Federal Bank
C.
South Indian Bank
D.
Karnataka Bank
Ans:
Federal Bank
Explanation :
0
[21]If you are taking a housing loan by depositing your house documents by mortgaging your house it is known as
A.
Mortgage
B.
Pledge
C.
Collateral
D.
lien
Ans:
Pledge
Explanation :
0
[22]What is the limitation period for filing a case in a Consumer court?
A.
Two years from the date of cause of action
B.
Two years from the date purchase of good or service
C.
Three year from the date of cause of action
D.
One month from the date of purchase
Ans:
Two years from the date of cause of action
Explanation :
0
[23]Which is incorrect about NBFC (Non-Banking Financial Company) ?
A.
The deposits with NBFCs are not insured
B.
deposit insurance facility of Deposit Insurance and Credit Guarantee Corporati n is not available to depositors of NBFCs, unlike in case of banks
C.
NBFCs do not form bapart of the payment and settlement system and cannot issue cheques drawn on itself
D.
NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum
Ans:
The deposits with NBFCs are not insured
Explanation :
0
[24]Who appoints the deputy governors of RBI?
A.
Union Government of India
B.
Board of directors of RBI
C.
RBI Governor
D.
President of India
Ans:
Union Government of India
Explanation :
0
[25]Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
Ans:
Ministry of Finance
Explanation :
0
Explanation :
0
[10]The Headquarters of SMERA is located in
A.
Mumbai
B.
New Delhi
C.
Hyderabad
D.
Gurugram
Ans:
Mumbai
Explanation :
0
[11]Which of the following is NOT a KYC requirement while opening a bank account?
A.
A proof of identity
B.
A proof of address
C.
A proof of income
D.
A recent photograph
Ans:
A proof of income
Explanation :
0
[12]Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
A.
bearer
B.
cross
C.
order
D.
All of the above
Ans:
cross
Explanation :
0
[13]NABARD is responsible for regulating and supervising the functions of
A.
Investment and Industrial Finance Banks
B.
Cooperative Banks and Regional Rural Banks
C.
Corporate Finance and Overseas Banking Units
D.
Private Sector and Multinational Banks
Ans:
Cooperative Banks and Regional Rural Banks
Explanation :
0
[14]Which of the following financial institutions is based in the Basel city of Switzerland?
A.
IMF
B.
World Bank
C.
ADB
D.
BIS
Ans:
BIS
Explanation :
0
[15]It is a tax which is levied at the same rate at all income levels.
A.
Progressive Tax
B.
Regressive Tax
C.
Proportional Tax
D.
Sales Tax
Ans:
Proportional Tax
Explanation :
0
[16]A financial contract that derives its value from another asset or an index of asset values is known as
A.
Insurance Policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[17]What is a Green Index?
A.
It measures the nation’s wealth according to GNP per Capita
B.
It measures the nation’s wealth according to GDP per Capita
C.
It measures nation’s wealth according to provisions of control on greenhouse gases
D.
It measures the nation’s wealth in terms of coverage of forest area.
Ans:
It measures nation’s wealth according to provisions of control on greenhouse gases
Explanation :
0
[18]With which article of the Indian Constitution is Money Bill related?
A.
Article 110
B.
Article 109
C.
Article 108
D.
Article 107
Ans:
Article 110
Explanation :
0
[19]Which of the following is not the name of a bank functioning in India?
A.
Central Bank of India
B.
UCO Bank
C.
Aegon Religare
D.
Dena Bank
Ans:
Aegon Religare
Explanation :
0
[20]Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
A.
Laxmi Vilas Bank
B.
Federal Bank
C.
South Indian Bank
D.
Karnataka Bank
Ans:
Federal Bank
Explanation :
0
[21]If you are taking a housing loan by depositing your house documents by mortgaging your house it is known as
A.
Mortgage
B.
Pledge
C.
Collateral
D.
lien
Ans:
Pledge
Explanation :
0
[22]What is the limitation period for filing a case in a Consumer court?
A.
Two years from the date of cause of action
B.
Two years from the date purchase of good or service
C.
Three year from the date of cause of action
D.
One month from the date of purchase
Ans:
Two years from the date of cause of action
Explanation :
0
[23]Which is incorrect about NBFC (Non-Banking Financial Company) ?
A.
The deposits with NBFCs are not insured
B.
deposit insurance facility of Deposit Insurance and Credit Guarantee Corporati n is not available to depositors of NBFCs, unlike in case of banks
C.
NBFCs do not form bapart of the payment and settlement system and cannot issue cheques drawn on itself
D.
NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum
Ans:
The deposits with NBFCs are not insured
Explanation :
0
[24]Who appoints the deputy governors of RBI?
A.
Union Government of India
B.
Board of directors of RBI
C.
RBI Governor
D.
President of India
Ans:
Union Government of India
Explanation :
0
[25]Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
Ans:
Ministry of Finance
Explanation :
0
Explanation :
0
[12]Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
A.
bearer
B.
cross
C.
order
D.
All of the above
Ans:
cross
Explanation :
0
[13]NABARD is responsible for regulating and supervising the functions of
A.
Investment and Industrial Finance Banks
B.
Cooperative Banks and Regional Rural Banks
C.
Corporate Finance and Overseas Banking Units
D.
Private Sector and Multinational Banks
Ans:
Cooperative Banks and Regional Rural Banks
Explanation :
0
[14]Which of the following financial institutions is based in the Basel city of Switzerland?
A.
IMF
B.
World Bank
C.
ADB
D.
BIS
Ans:
BIS
Explanation :
0
[15]It is a tax which is levied at the same rate at all income levels.
A.
Progressive Tax
B.
Regressive Tax
C.
Proportional Tax
D.
Sales Tax
Ans:
Proportional Tax
Explanation :
0
[16]A financial contract that derives its value from another asset or an index of asset values is known as
A.
Insurance Policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[17]What is a Green Index?
A.
It measures the nation’s wealth according to GNP per Capita
B.
It measures the nation’s wealth according to GDP per Capita
C.
It measures nation’s wealth according to provisions of control on greenhouse gases
D.
It measures the nation’s wealth in terms of coverage of forest area.
Ans:
It measures nation’s wealth according to provisions of control on greenhouse gases
Explanation :
0
[18]With which article of the Indian Constitution is Money Bill related?
A.
Article 110
B.
Article 109
C.
Article 108
D.
Article 107
Ans:
Article 110
Explanation :
0
[19]Which of the following is not the name of a bank functioning in India?
A.
Central Bank of India
B.
UCO Bank
C.
Aegon Religare
D.
Dena Bank
Ans:
Aegon Religare
Explanation :
0
[20]Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
A.
Laxmi Vilas Bank
B.
Federal Bank
C.
South Indian Bank
D.
Karnataka Bank
Ans:
Federal Bank
Explanation :
0
[21]If you are taking a housing loan by depositing your house documents by mortgaging your house it is known as
A.
Mortgage
B.
Pledge
C.
Collateral
D.
lien
Ans:
Pledge
Explanation :
0
[22]What is the limitation period for filing a case in a Consumer court?
A.
Two years from the date of cause of action
B.
Two years from the date purchase of good or service
C.
Three year from the date of cause of action
D.
One month from the date of purchase
Ans:
Two years from the date of cause of action
Explanation :
0
[23]Which is incorrect about NBFC (Non-Banking Financial Company) ?
A.
The deposits with NBFCs are not insured
B.
deposit insurance facility of Deposit Insurance and Credit Guarantee Corporati n is not available to depositors of NBFCs, unlike in case of banks
C.
NBFCs do not form bapart of the payment and settlement system and cannot issue cheques drawn on itself
D.
NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum
Ans:
The deposits with NBFCs are not insured
Explanation :
0
[24]Who appoints the deputy governors of RBI?
A.
Union Government of India
B.
Board of directors of RBI
C.
RBI Governor
D.
President of India
Ans:
Union Government of India
Explanation :
0
[25]Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
Ans:
Ministry of Finance
Explanation :
0
Explanation :
0
[14]Which of the following financial institutions is based in the Basel city of Switzerland?
A.
IMF
B.
World Bank
C.
ADB
D.
BIS
Ans:
BIS
Explanation :
0
[15]It is a tax which is levied at the same rate at all income levels.
A.
Progressive Tax
B.
Regressive Tax
C.
Proportional Tax
D.
Sales Tax
Ans:
Proportional Tax
Explanation :
0
[16]A financial contract that derives its value from another asset or an index of asset values is known as
A.
Insurance Policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[17]What is a Green Index?
A.
It measures the nation’s wealth according to GNP per Capita
B.
It measures the nation’s wealth according to GDP per Capita
C.
It measures nation’s wealth according to provisions of control on greenhouse gases
D.
It measures the nation’s wealth in terms of coverage of forest area.
Ans:
It measures nation’s wealth according to provisions of control on greenhouse gases
Explanation :
0
[18]With which article of the Indian Constitution is Money Bill related?
A.
Article 110
B.
Article 109
C.
Article 108
D.
Article 107
Ans:
Article 110
Explanation :
0
[19]Which of the following is not the name of a bank functioning in India?
A.
Central Bank of India
B.
UCO Bank
C.
Aegon Religare
D.
Dena Bank
Ans:
Aegon Religare
Explanation :
0
[20]Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
A.
Laxmi Vilas Bank
B.
Federal Bank
C.
South Indian Bank
D.
Karnataka Bank
Ans:
Federal Bank
Explanation :
0
[21]If you are taking a housing loan by depositing your house documents by mortgaging your house it is known as
A.
Mortgage
B.
Pledge
C.
Collateral
D.
lien
Ans:
Pledge
Explanation :
0
[22]What is the limitation period for filing a case in a Consumer court?
A.
Two years from the date of cause of action
B.
Two years from the date purchase of good or service
C.
Three year from the date of cause of action
D.
One month from the date of purchase
Ans:
Two years from the date of cause of action
Explanation :
0
[23]Which is incorrect about NBFC (Non-Banking Financial Company) ?
A.
The deposits with NBFCs are not insured
B.
deposit insurance facility of Deposit Insurance and Credit Guarantee Corporati n is not available to depositors of NBFCs, unlike in case of banks
C.
NBFCs do not form bapart of the payment and settlement system and cannot issue cheques drawn on itself
D.
NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum
Ans:
The deposits with NBFCs are not insured
Explanation :
0
[24]Who appoints the deputy governors of RBI?
A.
Union Government of India
B.
Board of directors of RBI
C.
RBI Governor
D.
President of India
Ans:
Union Government of India
Explanation :
0
[25]Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
Ans:
Ministry of Finance
Explanation :
0
Explanation :
0
[16]A financial contract that derives its value from another asset or an index of asset values is known as
A.
Insurance Policy
B.
Security
C.
Derivative
D.
Share
Ans:
Derivative
Explanation :
0
[17]What is a Green Index?
A.
It measures the nation’s wealth according to GNP per Capita
B.
It measures the nation’s wealth according to GDP per Capita
C.
It measures nation’s wealth according to provisions of control on greenhouse gases
D.
It measures the nation’s wealth in terms of coverage of forest area.
Ans:
It measures nation’s wealth according to provisions of control on greenhouse gases
Explanation :
0
[18]With which article of the Indian Constitution is Money Bill related?
A.
Article 110
B.
Article 109
C.
Article 108
D.
Article 107
Ans:
Article 110
Explanation :
0
[19]Which of the following is not the name of a bank functioning in India?
A.
Central Bank of India
B.
UCO Bank
C.
Aegon Religare
D.
Dena Bank
Ans:
Aegon Religare
Explanation :
0
[20]Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
A.
Laxmi Vilas Bank
B.
Federal Bank
C.
South Indian Bank
D.
Karnataka Bank
Ans:
Federal Bank
Explanation :
0
[21]If you are taking a housing loan by depositing your house documents by mortgaging your house it is known as
A.
Mortgage
B.
Pledge
C.
Collateral
D.
lien
Ans:
Pledge
Explanation :
0
[22]What is the limitation period for filing a case in a Consumer court?
A.
Two years from the date of cause of action
B.
Two years from the date purchase of good or service
C.
Three year from the date of cause of action
D.
One month from the date of purchase
Ans:
Two years from the date of cause of action
Explanation :
0
[23]Which is incorrect about NBFC (Non-Banking Financial Company) ?
A.
The deposits with NBFCs are not insured
B.
deposit insurance facility of Deposit Insurance and Credit Guarantee Corporati n is not available to depositors of NBFCs, unlike in case of banks
C.
NBFCs do not form bapart of the payment and settlement system and cannot issue cheques drawn on itself
D.
NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum
Ans:
The deposits with NBFCs are not insured
Explanation :
0
[24]Who appoints the deputy governors of RBI?
A.
Union Government of India
B.
Board of directors of RBI
C.
RBI Governor
D.
President of India
Ans:
Union Government of India
Explanation :
0
[25]Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
Ans:
Ministry of Finance
Explanation :
0
Explanation :
0
[18]With which article of the Indian Constitution is Money Bill related?
A.
Article 110
B.
Article 109
C.
Article 108
D.
Article 107
Ans:
Article 110
Explanation :
0
[19]Which of the following is not the name of a bank functioning in India?
A.
Central Bank of India
B.
UCO Bank
C.
Aegon Religare
D.
Dena Bank
Ans:
Aegon Religare
Explanation :
0
[20]Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
A.
Laxmi Vilas Bank
B.
Federal Bank
C.
South Indian Bank
D.
Karnataka Bank
Ans:
Federal Bank
Explanation :
0
[21]If you are taking a housing loan by depositing your house documents by mortgaging your house it is known as
A.
Mortgage
B.
Pledge
C.
Collateral
D.
lien
Ans:
Pledge
Explanation :
0
[22]What is the limitation period for filing a case in a Consumer court?
A.
Two years from the date of cause of action
B.
Two years from the date purchase of good or service
C.
Three year from the date of cause of action
D.
One month from the date of purchase
Ans:
Two years from the date of cause of action
Explanation :
0
[23]Which is incorrect about NBFC (Non-Banking Financial Company) ?
A.
The deposits with NBFCs are not insured
B.
deposit insurance facility of Deposit Insurance and Credit Guarantee Corporati n is not available to depositors of NBFCs, unlike in case of banks
C.
NBFCs do not form bapart of the payment and settlement system and cannot issue cheques drawn on itself
D.
NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum
Ans:
The deposits with NBFCs are not insured
Explanation :
0
[24]Who appoints the deputy governors of RBI?
A.
Union Government of India
B.
Board of directors of RBI
C.
RBI Governor
D.
President of India
Ans:
Union Government of India
Explanation :
0
[25]Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
Ans:
Ministry of Finance
Explanation :
0
Explanation :
0
[20]Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
A.
Laxmi Vilas Bank
B.
Federal Bank
C.
South Indian Bank
D.
Karnataka Bank
Ans:
Federal Bank
Explanation :
0
[21]If you are taking a housing loan by depositing your house documents by mortgaging your house it is known as
A.
Mortgage
B.
Pledge
C.
Collateral
D.
lien
Ans:
Pledge
Explanation :
0
[22]What is the limitation period for filing a case in a Consumer court?
A.
Two years from the date of cause of action
B.
Two years from the date purchase of good or service
C.
Three year from the date of cause of action
D.
One month from the date of purchase
Ans:
Two years from the date of cause of action
Explanation :
0
[23]Which is incorrect about NBFC (Non-Banking Financial Company) ?
A.
The deposits with NBFCs are not insured
B.
deposit insurance facility of Deposit Insurance and Credit Guarantee Corporati n is not available to depositors of NBFCs, unlike in case of banks
C.
NBFCs do not form bapart of the payment and settlement system and cannot issue cheques drawn on itself
D.
NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum
Ans:
The deposits with NBFCs are not insured
Explanation :
0
[24]Who appoints the deputy governors of RBI?
A.
Union Government of India
B.
Board of directors of RBI
C.
RBI Governor
D.
President of India
Ans:
Union Government of India
Explanation :
0
[25]Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
Ans:
Ministry of Finance
Explanation :
0
Explanation :
0
[22]What is the limitation period for filing a case in a Consumer court?
A.
Two years from the date of cause of action
B.
Two years from the date purchase of good or service
C.
Three year from the date of cause of action
D.
One month from the date of purchase
Ans:
Two years from the date of cause of action
Explanation :
0
[23]Which is incorrect about NBFC (Non-Banking Financial Company) ?
A.
The deposits with NBFCs are not insured
B.
deposit insurance facility of Deposit Insurance and Credit Guarantee Corporati n is not available to depositors of NBFCs, unlike in case of banks
C.
NBFCs do not form bapart of the payment and settlement system and cannot issue cheques drawn on itself
D.
NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum
Ans:
The deposits with NBFCs are not insured
Explanation :
0
[24]Who appoints the deputy governors of RBI?
A.
Union Government of India
B.
Board of directors of RBI
C.
RBI Governor
D.
President of India
Ans:
Union Government of India
Explanation :
0
[25]Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
Ans:
Ministry of Finance
Explanation :
0
Explanation :
0
[24]Who appoints the deputy governors of RBI?
A.
Union Government of India
B.
Board of directors of RBI
C.
RBI Governor
D.
President of India
Ans:
Union Government of India
Explanation :
0
[25]Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A.
GOI
B.
RBI
C.
Ministry of Commerce
D.
Ministry of Finance
Ans:
Ministry of Finance
Explanation :
0
Explanation :
0