1501) Large amounts of cheques are processed by using
Answer
MICR
1502) Financial inclusion is meant for -
Answer
Less privileged persons
1503) Fall in the value of currency in respect to other currencies is known as:-
Answer
Depreciation
1504) What does the acronym IFCI mean?
Answer
Industrial Finance Corporation of India
1505) In India, National income is estimated by ?
Answer
Central Statistical Office
1506) Deposits under Foreign Currency Non- Resident(FCNR) scheme can be accepted for a minimum of
Answer
1 year
1507) The banks included in 2nd schedule of are known as scheduled banks
Answer
Reserve Bank of India Act
1508) Which of the following Bank in 2012 has celebrated it 30th year of continuous service?
Answer
NARARD
1509) Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:
Answer
Relatives in the from of loans
1510) Minimum cash reserves fixed by law constitute
Answer
A percentage of aggregate deposits of the bank
1511) The bank conducts Government business as an agent of
Answer
Reserve Bank of India
1512) Which of the following maintains the RIDF (Rural Infrastructure Development Fund) ?
Answer
NABARD
1513) RBI known as lender of last restore because:
Answer
It comes to help banks in times of crisis
1514) Service Area Approach (SAA) is associated With?
Answer
Rural and Semi-urban branches of commercial banks
1515) Which of the following public sector banks has recently celebrated it centenary year?
Answer
Central Bank of India
1516) Which Bank is called Apex Bank?
Answer
Reserve Bank of India
1517) Who is the MD and CEO of Corporation Bank?
Answer
Jai Kumar Garg
1518) Regional Rural Banks are empowered to transact the business of banking as defined under
Answer
Banking Regulation Act, 1949
1519) Which commission distributes the taxes between center and states?
Answer
Finance Commission
1520) The returned non resident Indians are permitted to open the following accounts:
Answer
RFC account
1521) Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‗Base rate for banks?
Answer
RBI
1522) Interest on savings bank account is now calculated by banks on?
Answer
Daily product basis
1523) MUDRA Bank as a wholly owned subsidiary of which institutions?
Answer
Small Industries Development Bank of India (SIDBI)
1524) What is Repo Rate?
Answer
It is a rate at which RBI buys government securities from banks
1525) In Banking parlance, ‗NPA stands for
Answer
Non Performing Asset
1526) After State Bank of India, which of the following banks has the largest number of offices?
Answer
Punjab National Bank
1527) The safest form of crossing is
Answer
Account payee crossing
1528) RWA stands for ?
Answer
Risk Weighted Assets
1529) What does SEZ stand for?
Answer
Special Economic Zone
1530) Which Bank in India opened Indias first offshore banking Unit ?
Answer
SBI
1531) Which one of the following is a private bank?
Answer
Punjab Bank
1532) DEPB (Duty Entitled Passbook) scheme which ended in September 2011 was related to-
Answer
Export promotion
1533) Some banks are financing projects like Construction Roads/Bridges etc. Financing such projects means banks are helping exactly in —
Answer
Infrastructural Development
1534) The Imperial Bank of India, after its nationalization came to be known as
Answer
State Bank of India
1535) Which of the following is known as demat accounts?
Answer
Accounts in which share of various companies are traded in electric form.
1536) For opening a new branch, a Regional Rural Bank requires
Answer
RBI license
1537) In order to attract more foreign exchange the Govt of India decided to allow foreign investment in LLP firms.What is full form of LLP‖ as used in this reference?
Answer
Limited Liability bapartnership
1538) CBS stands for:
Answer
Core Banking Solutions
1539) Which of the following committees has given its recommendations on ‗Financial Inclusion?
Answer
Rangrajan Committee
1540) The headquarters of local boards of RBI are located at :
Answer
Mumbai, Kolkata, Chennai and New Delhi
1541) What is the full form of POPs?
Answer
Points of Presence
1542) Who is the New CEO of Indian Bank?
Answer
Kishore Kumar Kharat
1543) What would a lender examine to judge whether a business can be given a funding facility?
Answer
All the above
1544) What is Indias apex tax body ?
Answer
CBDT
1545) Which of the following rates are reviewed by the RBI at the time of periodical review of the policy? Bank rate Repo rate
Answer
All the three
1546) Sensitive Index‖ of Bombay Stock Exchange is called
Answer
Sensex
1547) Nationalized Bank is also known as
Answer
Public Sector Banks
1548) Who is the Managing Director and CEO of IndianBank?
Answer
Kishor Kharat
1549) Which of the following is the private sector Bank in India?
Answer
Axis Bank
1550) Which report is published by World Bank every year?
Answer
world development report
1551) SLR is maintained by banks on which of the following
Answer
Net Demand and Time Liabilities
1552) World investment report is published by?
Answer
UNCTAD
1553) Axis Bank, in collaboration with the e-retailer
Answer
Flipkart
1554) Which of the following is one of the main functions of the Reserve Bank of India?
Answer
Bankers Bank
1555) The treasury bills are issued at a
Answer
Discount
1556) Which of the following bank was the second Presidency bank of India?
Answer
Presidency Bank of Bombay
1557) Which of the following is not considered a money market instrument?
Answer
Shares and bonds
1558) Banks in our country normally publicize that additional interest rate is allowed on retail domestic term deposits of?
Answer
Senior citizens
1559) On the ,recommendation of which of the following NABARD was established ?
Answer
Shivraman II
1560) Which of the following terms is NOT used in the field of Banking & Finance ?
Answer
Base Line
1561) The ‗monetary base for credit expansion consists of
Answer
The total value of high-powered money
1562) Where is the head quarter of Telecom Regulatory Authority of India (TRAI)?
Answer
New Delhi
1563) If the customer can do all transactions only in a branch and the branch has no online access, it is called
Answer
Brick and Mortar Banking
1564) Which nationalised bank was merged with PNB in 1993?
Answer
New Bank of India
1565) Which of the following is the least liquid asset ?
Answer
Machinery
1566) The reserves which can act as liquidity buffer for commercial banks during crisis times are:
Answer
CRR and SLR
1567) Local Area Banks
Answer
all of the above
1568) Indias first banking robot Lakshmi launched by
Answer
City Union Bank
1569) Which of the following banks recently launched Smart vault‖ digital locker facility?
Answer
ICICI
1570) Which one of the following banks gives long term loans to agriculture?
Answer
State co-operative bank
1571) Small finance banks are a type of
Answer
niche
1572) Which of the following organizations is the Mutual Fund Market regulator?
Answer
SEBI
1573) Which of the following can be called as ‗National Income?
Answer
Net National Income at factor cost
1574) An ECS transaction gets bounced and you are unable to recover your money from your customer. Under which Act criminal action can be initiated?
Answer
Payment and Settlement Act
1575) Which of the following has become the first Indian lender to complete a banking transaction using Blockchain technology?
Answer
ICICI Bank
1576) SLR is maintained by banks on which of the following –
Answer
Net Demand and Time Liabilities
1577) TCPSL started their White Label ATMs chain under brand name
Answer
Indicash
1578) The paid-up capital of Non-Schedule Bank is less than
Answer
Rs 5 lakh
1579) Authorized Dealers for foreign exchange transactions are appointed by:
Answer
Reserve Bank of India
1580) If the stock markets are declining then it is called as
Answer
Bear run
1581) Which of the following cannot be called as a Debt Instrument as referred in financial transactions?
Answer
Stocks
1582) The Reserve Bank of India does NOT decide the
Answer
Rate of Dearness Allowance for Government Employees
1583) The term ‗Merchant Banking connotes
Answer
Catering to the needs of corporate customers raising finance
1584) Which of the following bank headquarters located in Pune?
Answer
Bank of Maharashtra
1585) The term ‗transfer is defined under
Answer
Foreign Exchange Management Act, 1999
1586) Expand CIN with respect to OLTAS.
Answer
Challan Identification Number
1587) Monetary Policy as an arm of the economic policy is administered by
Answer
Reserve Bank of India
1588) A cheque which is not crossed is called
Answer
Open cheque
1589) Which is the first Indian bank that started solely with Indian capital investment?
Answer
Punjab National Bank
1590) In which year UTI was split into UTI-I and UTI-II?
Answer
2003
1591) The committee on Banking Regulations and Supervisory Practices which released the agreed frame work on international convergence of capital measures and capital standards in July 1988 is popularly known as
Answer
Basel Committee
1592) Entry Load‖ is a term associated with which of the following?
Answer
Mutual Funds
1593) DSCR indicates the ability of a company to-
Answer
Meet its long term debt obligations
1594) Loan of very small amounts given to low income groups is called
Answer
Micro credit
1595) Which of the following Bank headquarters located in Chennai?
Answer
Indian Overseas Bank
1596) Plastic Money‖ denotes
Answer
Credit card
1597) Which bank launched home loan overdraft facility for salaried customers?
Answer
ICICI bank
1598) To authenticate a Digital Signature in Cheque Truncation System (CTS), which of the following keys are used..
Answer
Private Key
1599) Insurance cover for bank deposits in our country is provided by
Answer
DICGC
1600) A Debit Card is issued by a bank to
Answer
All customers having Saving bank account with a bank
1601) What is a stale cheque?
Answer
A cheque which has completed 3 months from the date of its issue.
1602) Indian Depository Receipt (IDR) is the?
Answer
Proof of ownership of foreign company’s share
1603) Headquarters of Syndicate Bank in
Answer
Manipal
1604) In India, Infrastructure Debt Fund can be established as a Trust or a company. Which of the following regulated the Infrastructure Debt Fund set up as a trust?
Answer
SEBI
1605) Which bank has earmarked Rs 20 crore to support employees who were affected by the floods in Chennai?
Answer
Royal Bank of Scotland
1606) Financial services at affordable costs to the sections of disadvantaged and low-income group of society is called as-
Answer
Financial Inclusion
1607) Money laundering is related to ------------------ ----------
Answer
To reduce the Black Money
1608) Which among the following is a qualitative tool of monetary policy?
Answer
Credit Rationing
1609) Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
Answer
cross
1610) Which of the following is the most liquid money?
Answer
M1
1611) According to a report, India replaced China as top destination for foreign direct investment in 2015 by attracting how much worth of FDI projects?
Answer
$63 billion
1612) The largest public sector commercial bank of India is the
Answer
SBI
1613) Which among the following decides the oil Prices in India?
Answer
Oil Companies
1614) Collection of coins is both a hobby and study. Which word describes this habit?
Answer
Numismatics
1615) When a bank returns a cheque unpaid, it is called
Answer
dishonour of the cheque
1616) CSA stands for
Answer
Credit Support Annex
1617) Name the person Currently who is the Governor of the RBI ?
Answer
Urjit R. Patel
1618) Insurances service provided by various bank is commonly known as:
Answer
Banc assurance
1619) Issuing of credit cards is a component of
Answer
Retail Banking
1620) After State Bank of India, which of the following banks has the largest number of offices?
Answer
Punjab National Bank
1621) Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAF. What is the full form of LAF?
Answer
Liquidity Adjustment Facility.
1622) If the customer can do all transactions only in a branch and the branch has no online access, it is called
Answer
Brick and Mortar Banking
1623) Nomination is available for
Answer
Only A B C
1624) KYC norms are liberalized in case of following accounts:
Answer
No Frills Account
1625) Reserve Bank of India has recently (August 2016) launched a portal to curb illegal and unauthorised pooling of funds by unscrupulous firms. What is it called?
Answer
Sachet
1626) BFS stands for-
Answer
Board for Financial Supervision
1627) E.P.S. in share market stands for:
Answer
Earnings Per Share
1628) We can open a saving bank account in the sole name of a minor if he completes age of
Answer
10
1629) Cash Reserve Ration (CRR) funds are kept by the banks in
Answer
Balance in a special account with RBI
1630) Raghuram Govind Rajan is an Indian economist who served as the
Answer
23rd
1631) Which city gets the countries first Talking ATM?
Answer
Ahemedabad, Gujarath
1632) A worldwide financial messaging network which exchange messages between banks and financial institutions is known as-
Answer
SWIFT
1633) Bankers have to maintain secrecy of customer accounts as per the provisions of
Answer
Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970
1634) Loans of very small amounts given to low income groups is called
Answer
Micro credit
1635) According to a report by Reserve Bank of India, countrys gross bad loans are expected to grow from 7.6% to
Answer
0.085
1636) First Bank established in India was:
Answer
Bank of Hindustan
1637) New Bank of India was merged with which bank?
Answer
PNB
1638) The decimal system of note and coin issue was started in India in
Answer
1957
1639) Which of the following is not considered as a means of foreign capital inflow into the country?
Answer
No frills accounts
1640) How many banks were nationalized as on 19 July, 1969:
Answer
14
1641) What is the full form of ECB?
Answer
External Commercial Borrowings.
1642) Free Trade Refers to
Answer
Unrestricted exchange of Goods and Services.
1643) Who regulates chit funds in India?
Answer
State Governments
1644) Who is the MD and CEO of Allahabad Bank?
Answer
Usha Ananthasubramanian
1645) Headquarters of Dhanlaxmi Bank located in
Answer
Kerala
1646) What is Call Money ?
Answer
Money borrowed or lent for a day or over night
1647) Vijaya Bank is a
Answer
Medium Sized
1648) Which of the following is NOT a type of cheque issued by an individual?
Answer
Savings cheque
1649) How many banks were nationalized in July 1969, when first Nationalization took place ?
Answer
14
1650) In recent times, the term Gold ETF was making news. Which among the following closest instrument to Gold ETF?
Answer
Mutual Fund
1651) Banking services provided to Special Economic Zones(SEZ) units have been exempted from
Answer
Service Tax
1652) Which bank launched Mobile Bank Accounts in association with Vodafones m-paisa?
Answer
HDFC Bank
1653) The scheduled commercial banks must have paid up capital & reserves not less than
Answer
Rs 5.00 Lakh
1654) What is the full form of LAF, the term used in banking world very frequently ?
Answer
Liquid Advance & Finance
1655) The ICC World Twenty 20 cup 2016 hosts by
Answer
India
1656) The Currency of Hungary is
Answer
Forint
1657) Headquarters of National Investment and Infrastructure Fund (NIIF) is located at
Answer
Mumbai
1658) New and re-issuable currency notes are stored in
Answer
Currency chests
1659) RBI has introduced Marginal Standing Facility‖ with the objective of:
Answer
Containing instability in the overnight inter-bank rates
1660) In International Banking terms,‖Appreciation of Rupee means
Answer
Availability of less foreign currency vis-a-vis rupee
1661) Rupee denominated bonds issues by Indian companies in order to raise funds offshore are called
Answer
Masala Bonds
1662) Which of the following types of institutions operate in call money market only as lenders ?
Answer
Insurance companies
1663) 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
Answer
0.07
1664) The safest form of Crossed Cheque is
Answer
Account payee crossing
1665) Which of the following rates signals the RBIs long-term outlook on interest rates?
Answer
Bank Rate (BR)
1666) Mutual Funds are regulated by
Answer
Securities and Exchange Board of India
1667) The Headquarters of SMERA is located in
Answer
Mumbai
1668) Which of the following is NOT a KYC requirement while opening a bank account?
Answer
A proof of income
1669) Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
Answer
cross
1670) NABARD is responsible for regulating and supervising the functions of
Answer
Cooperative Banks and Regional Rural Banks
1671) Which of the following financial institutions is based in the Basel city of Switzerland?
Answer
BIS
1672) It is a tax which is levied at the same rate at all income levels.
Answer
Proportional Tax
1673) A financial contract that derives its value from another asset or an index of asset values is known as
Answer
Derivative
1674) What is a Green Index?
Answer
It measures nation’s wealth according to provisions of control on greenhouse gases
1675) With which article of the Indian Constitution is Money Bill related?
Answer
Article 110
1676) Which of the following is not the name of a bank functioning in India?
Answer
Aegon Religare
1677) Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
Answer
Federal Bank
1678) If you are taking a housing loan by depositing your house documents by mortgaging your house it is known as
Answer
Pledge
1679) What is the limitation period for filing a case in a Consumer court?
Answer
Two years from the date of cause of action
1680) Which is incorrect about NBFC (Non-Banking Financial Company) ?
Answer
The deposits with NBFCs are not insured
1681) Who appoints the deputy governors of RBI?
Answer
Union Government of India
1682) Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
Answer
Ministry of Finance
1683) Under the Banking Regulation Act, 1949, which of the following is not qualified to be called as banks in the co-operative sector?
Answer
Primary Agricultural Credit Societies
1684) Crossing denotes
Answer
a direction to the paying bank to make payment of the cheque through a bank
1685) Living, Breathing Asia is the tagline of
Answer
DBS Bank
1686) What is the full form of NAV?
Answer
Net Asset Value
1687) Which among the following is not under the control of central banking authority?
Answer
Equity market and debt market supervision and control
1688) Which of the following is also known as policy rate?
Answer
CRR
1689) Slogan of Allahabad Bank is:
Answer
A Tradition of Trust
1690) AMRUT (Atal Mission for Rejuvenation and Urban Transformation) to be introduced in the cities and towns, where the population is ?
Answer
One lakh and above
1691) What does ‗L stands for in term CBLO?
Answer
Lending
1692) Which of the following institution is meant for small and medium enterprises?
Answer
SIDBI
1693) Which of the following rates is decided by the market conditions and not by RBI?
Answer
Inflation rate
1694) When a bank returns a cheque unpaid, it is called?
Answer
Dishonor of cheque
1695) Which of the following is considered as the financial capital of India?
Answer
Mumbai
1696) Money market is a market for debt securities that pay off in the short term………..
Answer
Usually less than one year.
1697) Which of the following is held by a depository?
Answer
All of these
1698) A commercial paper is
Answer
an unsecured money market instrument issued in the form of promissory note
1699) When was Triton Insurance Company Ltd established?
Answer
1850
1700) In which among the following types occurs the Interest Rate Risk?
Answer
Market risk
1701) India became the
Answer
3
1702) What does CRR stand for?
Answer
Cash Reserve Ratio
1703) The minimum acceptable amount under the Scheme of Certificate of eposit is
Answer
Rs. 1 lakhs
1704) Expand the term FRBM?
Answer
Fiscal Responsibility and Budget Management
1705) First Multi-currency international Debit Cards are issued in India by
Answer
State Bank of India
1706) The Indian person who received the Nobel Prize in Economic?
Answer
Amartya Sen
1707) What type of loan is granted by banks for purchase of the White Goods?
Answer
Consumer Durables Loan
1708) A ‗Non-negotiable crossing is a
Answer
General crossing
1709) Which Bank is called Apex Bank?
Answer
Reserve Bank of India
1710) The headquarter of Bank of India is located in which of the following city?
Answer
Mumbai
1711) Closed Economy is one in which :
Answer
neither export nor import takes place
1712) When was the 2nd phase of nationalization of banks done?
Answer
15th April 1980
1713) Which of the following types of banks are NOT allowed to provide credit facilities to their customers?
Answer
Payments Banks
1714) Slogan of Corporation Bank is:
Answer
Prosperity For All
1715) Which among the following definitions are correct:
Answer
All of the Above
1716) Which of the following acts as Regulators for Credit rating agencies in India?
Answer
SEBI
1717) Expand LIBOR?
Answer
London Inter Bank Offered Rate
1718) Which among the following is the private sector banks?
Answer
HDFC Bank
1719) HDFC Bank has announced its UPI will also be available on Chillr, a multi-bank mobile payments app. What is the meaning of I in UPI?
Answer
Interface
1720) Large amounts of cheques are processed by using
Answer
MICR
1721) Financial inclusion is meant for -
Answer
Less privileged persons
1722) Fall in the value of currency in respect to other currencies is known as:-
Answer
Depreciation
1723) What does the acronym IFCI mean?
Answer
Industrial Finance Corporation of India
1724) In India, National income is estimated by ?
Answer
Central Statistical Office
1725) Deposits under Foreign Currency Non- Resident(FCNR) scheme can be accepted for a minimum of
Answer
1 year
1726) The banks included in 2nd schedule of are known as scheduled banks
Answer
Reserve Bank of India Act
1727) Which of the following Bank in 2012 has celebrated it 30th year of continuous service?
Answer
NARARD
1728) Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:
Answer
Relatives in the from of loans
1729) Minimum cash reserves fixed by law constitute
Answer
A percentage of aggregate deposits of the bank
1730) The bank conducts Government business as an agent of
Answer
Reserve Bank of India
1731) Which of the following maintains the RIDF (Rural Infrastructure Development Fund) ?
Answer
NABARD
1732) RBI known as lender of last restore because:
Answer
It comes to help banks in times of crisis
1733) Service Area Approach (SAA) is associated With?
Answer
Rural and Semi-urban branches of commercial banks
1734) Which of the following public sector banks has recently celebrated it centenary year?
Answer
Central Bank of India
1735) Which Bank is called Apex Bank?
Answer
Reserve Bank of India
1736) Who is the MD and CEO of Corporation Bank?
Answer
Jai Kumar Garg
1737) Regional Rural Banks are empowered to transact the business of banking as defined under
Answer
Banking Regulation Act, 1949
1738) Which commission distributes the taxes between center and states?
Answer
Finance Commission
1739) The returned non resident Indians are permitted to open the following accounts:
Answer
RFC account
1740) Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‗Base rate for banks?
Answer
RBI
1741) Interest on savings bank account is now calculated by banks on?
Answer
Daily product basis
1742) MUDRA Bank as a wholly owned subsidiary of which institutions?
Answer
Small Industries Development Bank of India (SIDBI)
1743) What is Repo Rate?
Answer
It is a rate at which RBI buys government securities from banks
1744) In Banking parlance, ‗NPA stands for
Answer
Non Performing Asset
1745) After State Bank of India, which of the following banks has the largest number of offices?
Answer
Punjab National Bank
1746) The safest form of crossing is
Answer
Account payee crossing
1747) RWA stands for ?
Answer
Risk Weighted Assets
1748) What does SEZ stand for?
Answer
Special Economic Zone
1749) Which Bank in India opened Indias first offshore banking Unit ?
Answer
SBI
1750) Which one of the following is a private bank?
Answer
Punjab Bank
1751) DEPB (Duty Entitled Passbook) scheme which ended in September 2011 was related to-
Answer
Export promotion
1752) Some banks are financing projects like Construction Roads/Bridges etc. Financing such projects means banks are helping exactly in —
Answer
Infrastructural Development
1753) The Imperial Bank of India, after its nationalization came to be known as
Answer
State Bank of India
1754) Which of the following is known as demat accounts?
Answer
Accounts in which share of various companies are traded in electric form.
1755) For opening a new branch, a Regional Rural Bank requires
Answer
RBI license
1756) In order to attract more foreign exchange the Govt of India decided to allow foreign investment in LLP firms.What is full form of LLP‖ as used in this reference?
Answer
Limited Liability bapartnership
1757) CBS stands for:
Answer
Core Banking Solutions
1758) Which of the following committees has given its recommendations on ‗Financial Inclusion?
Answer
Rangrajan Committee
1759) The headquarters of local boards of RBI are located at :
Answer
Mumbai, Kolkata, Chennai and New Delhi
1760) What is the full form of POPs?
Answer
Points of Presence
1761) Who is the New CEO of Indian Bank?
Answer
Kishore Kumar Kharat
1762) What would a lender examine to judge whether a business can be given a funding facility?
Answer
All the above
1763) What is Indias apex tax body ?
Answer
CBDT
1764) Which of the following rates are reviewed by the RBI at the time of periodical review of the policy? Bank rate Repo rate
Answer
All the three
1765) Sensitive Index‖ of Bombay Stock Exchange is called
Answer
Sensex
1766) Nationalized Bank is also known as
Answer
Public Sector Banks
1767) Who is the Managing Director and CEO of IndianBank?
Answer
Kishor Kharat
1768) Which of the following is the private sector Bank in India?
Answer
Axis Bank
1769) Which report is published by World Bank every year?
Answer
world development report
1770) SLR is maintained by banks on which of the following
Answer
Net Demand and Time Liabilities
1771) World investment report is published by?
Answer
UNCTAD
1772) Axis Bank, in collaboration with the e-retailer
Answer
Flipkart
1773) Which of the following is one of the main functions of the Reserve Bank of India?
Answer
Bankers Bank
1774) The treasury bills are issued at a
Answer
Discount
1775) Which of the following bank was the second Presidency bank of India?
Answer
Presidency Bank of Bombay
1776) Which of the following is not considered a money market instrument?
Answer
Shares and bonds
1777) Banks in our country normally publicize that additional interest rate is allowed on retail domestic term deposits of?
Answer
Senior citizens
1778) On the ,recommendation of which of the following NABARD was established ?
Answer
Shivraman II
1779) Which of the following terms is NOT used in the field of Banking & Finance ?
Answer
Base Line
1780) The ‗monetary base for credit expansion consists of
Answer
The total value of high-powered money
1781) Where is the head quarter of Telecom Regulatory Authority of India (TRAI)?
Answer
New Delhi
1782) If the customer can do all transactions only in a branch and the branch has no online access, it is called
Answer
Brick and Mortar Banking
1783) Which nationalised bank was merged with PNB in 1993?
Answer
New Bank of India
1784) Which of the following is the least liquid asset ?
Answer
Machinery
1785) The reserves which can act as liquidity buffer for commercial banks during crisis times are:
Answer
CRR and SLR
1786) Local Area Banks
Answer
all of the above
1787) Indias first banking robot Lakshmi launched by
Answer
City Union Bank
1788) Which of the following banks recently launched Smart vault‖ digital locker facility?
Answer
ICICI
1789) Which one of the following banks gives long term loans to agriculture?
Answer
State co-operative bank
1790) Small finance banks are a type of
Answer
niche
1791) Which of the following organizations is the Mutual Fund Market regulator?
Answer
SEBI
1792) Which of the following can be called as ‗National Income?
Answer
Net National Income at factor cost
1793) An ECS transaction gets bounced and you are unable to recover your money from your customer. Under which Act criminal action can be initiated?
Answer
Payment and Settlement Act
1794) Which of the following has become the first Indian lender to complete a banking transaction using Blockchain technology?
Answer
ICICI Bank
1795) SLR is maintained by banks on which of the following –
Answer
Net Demand and Time Liabilities
1796) TCPSL started their White Label ATMs chain under brand name
Answer
Indicash
1797) The paid-up capital of Non-Schedule Bank is less than
Answer
Rs 5 lakh
1798) Authorized Dealers for foreign exchange transactions are appointed by:
Answer
Reserve Bank of India
1799) If the stock markets are declining then it is called as
Answer
Bear run
1800) Which of the following cannot be called as a Debt Instrument as referred in financial transactions?
Answer
Stocks
1801) The Reserve Bank of India does NOT decide the
Answer
Rate of Dearness Allowance for Government Employees
1802) The term ‗Merchant Banking connotes
Answer
Catering to the needs of corporate customers raising finance
1803) Which of the following bank headquarters located in Pune?
Answer
Bank of Maharashtra
1804) The term ‗transfer is defined under
Answer
Foreign Exchange Management Act, 1999
1805) Expand CIN with respect to OLTAS.
Answer
Challan Identification Number
1806) Monetary Policy as an arm of the economic policy is administered by
Answer
Reserve Bank of India
1807) A cheque which is not crossed is called
Answer
Open cheque
1808) Which is the first Indian bank that started solely with Indian capital investment?
Answer
Punjab National Bank
1809) In which year UTI was split into UTI-I and UTI-II?
Answer
2003
1810) The committee on Banking Regulations and Supervisory Practices which released the agreed frame work on international convergence of capital measures and capital standards in July 1988 is popularly known as
Answer
Basel Committee
1811) Entry Load is a term associated with which of the following?
Answer
Mutual Funds
1812) DSCR indicates the ability of a company to-
Answer
Meet its long term debt obligations
1813) Loan of very small amounts given to low income groups is called
Answer
Micro credit
1814) Which of the following Bank headquarters located in Chennai?
Answer
Indian Overseas Bank
1815) Plastic Money‖ denotes
Answer
Credit card
1816) Which bank launched home loan overdraft facility for salaried customers?
Answer
ICICI bank
1817) To authenticate a Digital Signature in Cheque Truncation System (CTS), which of the following keys are used..
Answer
Private Key
1818) Insurance cover for bank deposits in our country is provided by
Answer
DICGC
1819) A Debit Card‖ is issued by a bank to
Answer
All customers having Saving bank account with a bank
1820) What is a stale cheque?
Answer
A cheque which has completed 3 months from the date of its issue.
1821) Indian Depository Receipt (IDR) is the?
Answer
Proof of ownership of foreign company’s share
1822) Headquarters of Syndicate Bank in
Answer
Manipal
1823) In India, Infrastructure Debt Fund can be established as a Trust or a company. Which of the following regulated the Infrastructure Debt Fund set up as a trust?
Answer
SEBI
1824) Which bank has earmarked Rs 20 crore to support employees who were affected by the floods in Chennai?
Answer
Royal Bank of Scotland
1825) Financial services at affordable costs to the sections of disadvantaged and low-income group of society is called as-
Answer
Financial Inclusion
1826) Money laundering is related to ------------------ ----------
Answer
To reduce the Black Money
1827) Which among the following is a qualitative tool of monetary policy?
Answer
Credit Rationing
1828) Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
Answer
cross
1829) Which of the following is the most liquid money?
Answer
M1
1830) According to a report, India replaced China as top destination for foreign direct investment in 2015 by attracting how much worth of FDI projects?
Answer
$63 billion
1831) The largest public sector commercial bank of India is the
Answer
SBI
1832) Which among the following decides the oil Prices in India?
Answer
Oil Companies
1833) Collection of coins is both a hobby and study. Which word describes this habit?
Answer
Numismatics
1834) When a bank returns a cheque unpaid, it is called
Answer
dishonour of the cheque
1835) CSA stands for
Answer
Credit Support Annex
1836) Name the person Currently who is the Governor of the RBI ?
Answer
Urjit R. Patel
1837) Insurances service provided by various bank is commonly known as:
Answer
Banc assurance
1838) Issuing of credit cards is a component of
Answer
Retail Banking
1839) After State Bank of India, which of the following banks has the largest number of offices?
Answer
Punjab National Bank
1840) Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAF. What is the full form of LAF?
Answer
Liquidity Adjustment Facility.
1841) If the customer can do all transactions only in a branch and the branch has no online access, it is called
Answer
Brick and Mortar Banking
1842) Nomination is available for
Answer
Only A B C
1843) KYC norms are liberalized in case of following accounts:
Answer
No Frills Account
1844) Reserve Bank of India has recently (August 2016) launched a portal to curb illegal and unauthorised pooling of funds by unscrupulous firms. What is it called?
Answer
Sachet
1845) BFS stands for-
Answer
Board for Financial Supervision
1846) E.P.S. in share market stands for:
Answer
Earnings Per Share
1847) We can open a saving bank account in the sole name of a minor if he completes age of
Answer
10
1848) Cash Reserve Ration (CRR) funds are kept by the banks in
Answer
Balance in a special account with RBI
1849) Raghuram Govind Rajan is an Indian economist who served as the
Answer
23rd
1850) Which city gets the countries first Talking ATM?
Answer
Ahemedabad, Gujarath
1851) A worldwide financial messaging network which exchange messages between banks and financial institutions is known as-
Answer
SWIFT
1852) Bankers have to maintain secrecy of customer accounts as per the provisions of
Answer
Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970
1853) Loans of very small amounts given to low income groups is called
Answer
Micro credit
1854) According to a report by Reserve Bank of India, countrys gross bad loans are expected to grow from 7.6% to
Answer
0.085
1855) First Bank established in India was:
Answer
Bank of Hindustan
1856) New Bank of India was merged with which bank?
Answer
PNB
1857) The decimal system of note and coin issue was started in India in
Answer
1957
1858) Which of the following is not considered as a means of foreign capital inflow into the country?
Answer
No frills accounts
1859) How many banks were nationalized as on 19 July, 1969:
Answer
14
1860) What is the full form of ECB?
Answer
External Commercial Borrowings.
1861) Free Trade Refers to
Answer
Unrestricted exchange of Goods and Services.
1862) Who regulates chit funds in India?
Answer
State Governments
1863) Who is the MD and CEO of Allahabad Bank?
Answer
Usha Ananthasubramanian
1864) Headquarters of Dhanlaxmi Bank located in
Answer
Kerala
1865) What is Call Money ?
Answer
Money borrowed or lent for a day or over night
1866) Vijaya Bank is a
Answer
Medium Sized
1867) Which of the following is NOT a type of cheque issued by an individual?
Answer
Savings cheque
1868) How many banks were nationalized in July 1969, when first Nationalization took place ?
Answer
14
1869) In recent times, the term Gold ETF was making news. Which among the following closest instrument to Gold ETF?
Answer
Mutual Fund
1870) Banking services provided to Special Economic Zones(SEZ) units have been exempted from
Answer
Service Tax
1871) Which bank launched Mobile Bank Accounts in association with Vodafones m-paisa?
Answer
HDFC Bank
1872) The scheduled commercial banks must have paid up capital & reserves not less than
Answer
Rs 5.00 Lakh
1873) What is the full form of LAF, the term used in banking world very frequently ?
Answer
Liquid Advance & Finance
1874) The ICC World Twenty 20 cup 2016 hosts by
Answer
India
1875) The Currency of Hungary is
Answer
Forint
1876) Headquarters of National Investment and Infrastructure Fund (NIIF) is located at
Answer
Mumbai
1877) New and re-issuable currency notes are stored in
Answer
Currency chests
1878) RBI has introduced Marginal Standing Facility‖ with the objective of:
Answer
Containing instability in the overnight inter-bank rates
1879) In International Banking terms,‖Appreciation‖ of Rupee means
Answer
Availability of less foreign currency vis-a-vis rupee
1880) Rupee denominated bonds issues by Indian companies in order to raise funds offshore are called
Answer
Masala Bonds
1881) Which of the following types of institutions operate in call money market only as lenders ?
Answer
Insurance companies
1882) 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
Answer
0.07
1883) The safest form of Crossed Cheque is
Answer
Account payee crossing
1884) Which of the following rates signals the RBIs long-term outlook on interest rates?
Answer
Bank Rate (BR)
1885) Mutual Funds are regulated by
Answer
Securities and Exchange Board of India
1886) The Headquarters of SMERA is located in
Answer
Mumbai
1887) Which of the following is NOT a KYC requirement while opening a bank account?
Answer
A proof of income
1888) Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
Answer
cross
1889) NABARD is responsible for regulating and supervising the functions of
Answer
Cooperative Banks and Regional Rural Banks
1890) Which of the following financial institutions is based in the Basel city of Switzerland?
Answer
BIS
1891) It is a tax which is levied at the same rate at all income levels.
Answer
Proportional Tax
1892) A financial contract that derives its value from another asset or an index of asset values is known as
Answer
Derivative
1893) What is a Green Index?
Answer
It measures nation’s wealth according to provisions of control on greenhouse gases
1894) With which article of the Indian Constitution is Money Bill related?
Answer
Article 110
1895) Which of the following is not the name of a bank functioning in India?
Answer
Aegon Religare
1896) Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
Answer
Federal Bank
1897) If you are taking a housing loan by depositing your house documents by mortgaging your house it is known as
Answer
Pledge
1898) What is the limitation period for filing a case in a Consumer court?
Answer
Two years from the date of cause of action
1899) Which is incorrect about NBFC (Non-Banking Financial Company) ?
Answer
The deposits with NBFCs are not insured
1900) Who appoints the deputy governors of RBI?
Answer
Union Government of India
1901) Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
Answer
Ministry of Finance
1902) Under the Banking Regulation Act, 1949, which of the following is not qualified to be called as banks in the co-operative sector?
Answer
Primary Agricultural Credit Societies
1903) Crossing denotes
Answer
a direction to the paying bank to make payment of the cheque through a bank
1904) The ICC World Twenty 20 cup 2016 hosts by
Answer
India
1905) Rupee denominated bonds issues by Indian companies in order to raise funds offshore are called
Answer
Masala Bonds
1906) The Headquarters of SMERA is located in
Answer
Mumbai
1907) A financial contract that derives its value from another asset or an index of asset values is known as
Answer
Derivative
1908) Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ?
Answer
Federal Bank
1909) Under the Banking Regulation Act, 1949, which of the following is not qualified to be called as banks in the co-operative sector?
Answer
Primary Agricultural Credit Societies