[1]The first Indian bank to get ISO certification was
A.
Canara Bank
B.
Axis Bank
C.
UCO Bank
D.
Oriental Bank of commerce
Ans:
Canara Bank
Explanation :
0
[2]Where is the headquarter of Federal Bank?
A.
Kochi
B.
Mumbai
C.
New Delhi
D.
Bengaluru
Ans:
Kochi
Explanation :
0
[3]Indias first indigenous payment gateway is
A.
India Payment
B.
India Pay
C.
India Rupee
D.
India Expenditure
Ans:
India Pay
Explanation :
0
[4]The KYC does not include obtaining the following :
A.
Identity Proof
B.
Address Proof
C.
Customer Profile
D.
Vehicle details of the customer
Ans:
Vehicle details of the customer
Explanation :
0
[5]Goods and Services Tax (GST), would replace which of the following taxes level at present?
A.
Income tax
B.
Corporate tax
C.
Capital gains tax
D.
Value-added tax (VAT)
Ans:
Value-added tax (VAT)
Explanation :
0
[6]If a customer does not get a satisfactory response to his grievance from the bank within
A.
60
B.
90
C.
30
D.
15
Ans:
30
Explanation :
0
[7]“Your perfect banking bapartner‖ is the tagline of
A.
Karnataka Bank
B.
Federal Bank
C.
IndusInd Bank
D.
Kotak Mahindra Bank
Ans:
Federal Bank
Explanation :
0
[8]Which of the following is the most liquid money?
A.
M1
B.
M2
C.
Securities
D.
M3
Ans:
M1
Explanation :
0
[9]NAMA word is related to which organisation ?
A.
World Trade Organisation
B.
UNCTAD
C.
International Monetary Fund
D.
World Bank
Ans:
World Trade Organisation
Explanation :
0
[10]Who is primarily liable on a cheque?
A.
Drawee banker
B.
Drawer
C.
Payee
D.
Collecting banker
Ans:
Drawer
Explanation :
0
[11]Which bank started the first RRB named Prathama Grameen Bank?
A.
Punjab National Bank
B.
State Bank of India
C.
Syndicate Bank
D.
United Bank of India
Ans:
Syndicate Bank
Explanation :
0
[12]In respect of bapartnership business, LLP stands for
A.
Limited Liability bapartnership
B.
Limited Loan bapartnership
C.
Local Labour Promotion
D.
Low Labour Projects
Ans:
Limited Liability bapartnership
Explanation :
0
[13]A debt which is irrecoverable and is therefore written off as loss in the accounts of an institution or bank is known as
A.
External debt
B.
Good debt
C.
Bad debt
D.
Internal debt
Ans:
Bad debt
Explanation :
0
[14]What are the facilities available to the customers through ATM :-
A.
Cash withdrawal subject to a predetermined limit per day
B.
Cash deposit
C.
Balance enquiry
D.
all of the above.
Ans:
all of the above.
Explanation :
0
[15]Maximum bapart of India Foreign Currency is utilized for
A.
Food Item Import
B.
Iron-Steel Import
C.
Petroleum Import
D.
Technology Knowledge Import
Ans:
Petroleum Import
Explanation :
0
[16]High powered money is:-
A.
banks reserves at central bank
B.
all loans and advances of banks.
C.
money held by banks.
D.
currency held by public and reserves with the central bank
Ans:
banks reserves at central bank
Explanation :
0
[17]Reserve Bank of India was setup on the recommendations of which of the following commission/committee?
A.
Royal Commission
B.
Hilton Young Commission
C.
Dantwala Committee
D.
D R Mehta Commission
Ans:
Hilton Young Commission
Explanation :
0
[18]To authenticate a Digital Signature in Cheque Truncation System (CTS), which of the following keys are used..
A.
Private Key
B.
Public Key
C.
Master Key
D.
All of these
Ans:
Private Key
Explanation :
0
[19]MICR code is used for
A.
For Code Banking Solution
B.
For Electronic Funds Transfer
C.
For Electronic Clearance of Cheques
D.
For Cheque Truncation Services
Ans:
For Electronic Clearance of Cheques
Explanation :
0
[20]When a bank returns a cheque unpaid, it is called?
A.
Payment of the cheque
B.
Drawing of the cheque
C.
Canceling of the cheque
D.
Dishonour of the cheque
Ans:
Dishonour of the cheque
Explanation :
0
[21]A fixed deposit receipt is kept with the bank for its safety, is known as
A.
Safe custody
B.
Safe deposit
C.
Locker
D.
Valid safe deposit
Ans:
Safe custody
Explanation :
0
[22]SEPA Stands for
A.
Scottish Environment Protection Agency
B.
Single Euro Payments Area
C.
Scottish Environment Protection Area
D.
Single Euro Payments Agency
Ans:
Single Euro Payments Area
Explanation :
0
[23]Whose signature appears on Indian Rs. 100 note?
A.
RBI Governor
B.
Finance Secretary
C.
Finance Minister
D.
Chairman, Planning Commission
Ans:
RBI Governor
Explanation :
0
[24]A mortgage involves:
A.
transfer of ownership
B.
transfer of possession
C.
transfer of interest
D.
All of the above
Ans:
transfer of interest
Explanation :
0
[25]The Foreign exchange of India is kept with
A.
SBI
B.
ECGC
C.
RBI
D.
NABARD
Ans:
RBI
Explanation :
0
Explanation :
0
[2]Where is the headquarter of Federal Bank?
A.
Kochi
B.
Mumbai
C.
New Delhi
D.
Bengaluru
Ans:
Kochi
Explanation :
0
[3]Indias first indigenous payment gateway is
A.
India Payment
B.
India Pay
C.
India Rupee
D.
India Expenditure
Ans:
India Pay
Explanation :
0
[4]The KYC does not include obtaining the following :
A.
Identity Proof
B.
Address Proof
C.
Customer Profile
D.
Vehicle details of the customer
Ans:
Vehicle details of the customer
Explanation :
0
[5]Goods and Services Tax (GST), would replace which of the following taxes level at present?
A.
Income tax
B.
Corporate tax
C.
Capital gains tax
D.
Value-added tax (VAT)
Ans:
Value-added tax (VAT)
Explanation :
0
[6]If a customer does not get a satisfactory response to his grievance from the bank within
A.
60
B.
90
C.
30
D.
15
Ans:
30
Explanation :
0
[7]“Your perfect banking bapartner‖ is the tagline of
A.
Karnataka Bank
B.
Federal Bank
C.
IndusInd Bank
D.
Kotak Mahindra Bank
Ans:
Federal Bank
Explanation :
0
[8]Which of the following is the most liquid money?
A.
M1
B.
M2
C.
Securities
D.
M3
Ans:
M1
Explanation :
0
[9]NAMA word is related to which organisation ?
A.
World Trade Organisation
B.
UNCTAD
C.
International Monetary Fund
D.
World Bank
Ans:
World Trade Organisation
Explanation :
0
[10]Who is primarily liable on a cheque?
A.
Drawee banker
B.
Drawer
C.
Payee
D.
Collecting banker
Ans:
Drawer
Explanation :
0
[11]Which bank started the first RRB named Prathama Grameen Bank?
A.
Punjab National Bank
B.
State Bank of India
C.
Syndicate Bank
D.
United Bank of India
Ans:
Syndicate Bank
Explanation :
0
[12]In respect of bapartnership business, LLP stands for
A.
Limited Liability bapartnership
B.
Limited Loan bapartnership
C.
Local Labour Promotion
D.
Low Labour Projects
Ans:
Limited Liability bapartnership
Explanation :
0
[13]A debt which is irrecoverable and is therefore written off as loss in the accounts of an institution or bank is known as
A.
External debt
B.
Good debt
C.
Bad debt
D.
Internal debt
Ans:
Bad debt
Explanation :
0
[14]What are the facilities available to the customers through ATM :-
A.
Cash withdrawal subject to a predetermined limit per day
B.
Cash deposit
C.
Balance enquiry
D.
all of the above.
Ans:
all of the above.
Explanation :
0
[15]Maximum bapart of India Foreign Currency is utilized for
A.
Food Item Import
B.
Iron-Steel Import
C.
Petroleum Import
D.
Technology Knowledge Import
Ans:
Petroleum Import
Explanation :
0
[16]High powered money is:-
A.
banks reserves at central bank
B.
all loans and advances of banks.
C.
money held by banks.
D.
currency held by public and reserves with the central bank
Ans:
banks reserves at central bank
Explanation :
0
[17]Reserve Bank of India was setup on the recommendations of which of the following commission/committee?
A.
Royal Commission
B.
Hilton Young Commission
C.
Dantwala Committee
D.
D R Mehta Commission
Ans:
Hilton Young Commission
Explanation :
0
[18]To authenticate a Digital Signature in Cheque Truncation System (CTS), which of the following keys are used..
A.
Private Key
B.
Public Key
C.
Master Key
D.
All of these
Ans:
Private Key
Explanation :
0
[19]MICR code is used for
A.
For Code Banking Solution
B.
For Electronic Funds Transfer
C.
For Electronic Clearance of Cheques
D.
For Cheque Truncation Services
Ans:
For Electronic Clearance of Cheques
Explanation :
0
[20]When a bank returns a cheque unpaid, it is called?
A.
Payment of the cheque
B.
Drawing of the cheque
C.
Canceling of the cheque
D.
Dishonour of the cheque
Ans:
Dishonour of the cheque
Explanation :
0
[21]A fixed deposit receipt is kept with the bank for its safety, is known as
A.
Safe custody
B.
Safe deposit
C.
Locker
D.
Valid safe deposit
Ans:
Safe custody
Explanation :
0
[22]SEPA Stands for
A.
Scottish Environment Protection Agency
B.
Single Euro Payments Area
C.
Scottish Environment Protection Area
D.
Single Euro Payments Agency
Ans:
Single Euro Payments Area
Explanation :
0
[23]Whose signature appears on Indian Rs. 100 note?
A.
RBI Governor
B.
Finance Secretary
C.
Finance Minister
D.
Chairman, Planning Commission
Ans:
RBI Governor
Explanation :
0
[24]A mortgage involves:
A.
transfer of ownership
B.
transfer of possession
C.
transfer of interest
D.
All of the above
Ans:
transfer of interest
Explanation :
0
[25]The Foreign exchange of India is kept with
A.
SBI
B.
ECGC
C.
RBI
D.
NABARD
Ans:
RBI
Explanation :
0
Explanation :
0
[4]The KYC does not include obtaining the following :
A.
Identity Proof
B.
Address Proof
C.
Customer Profile
D.
Vehicle details of the customer
Ans:
Vehicle details of the customer
Explanation :
0
[5]Goods and Services Tax (GST), would replace which of the following taxes level at present?
A.
Income tax
B.
Corporate tax
C.
Capital gains tax
D.
Value-added tax (VAT)
Ans:
Value-added tax (VAT)
Explanation :
0
[6]If a customer does not get a satisfactory response to his grievance from the bank within
A.
60
B.
90
C.
30
D.
15
Ans:
30
Explanation :
0
[7]“Your perfect banking bapartner‖ is the tagline of
A.
Karnataka Bank
B.
Federal Bank
C.
IndusInd Bank
D.
Kotak Mahindra Bank
Ans:
Federal Bank
Explanation :
0
[8]Which of the following is the most liquid money?
A.
M1
B.
M2
C.
Securities
D.
M3
Ans:
M1
Explanation :
0
[9]NAMA word is related to which organisation ?
A.
World Trade Organisation
B.
UNCTAD
C.
International Monetary Fund
D.
World Bank
Ans:
World Trade Organisation
Explanation :
0
[10]Who is primarily liable on a cheque?
A.
Drawee banker
B.
Drawer
C.
Payee
D.
Collecting banker
Ans:
Drawer
Explanation :
0
[11]Which bank started the first RRB named Prathama Grameen Bank?
A.
Punjab National Bank
B.
State Bank of India
C.
Syndicate Bank
D.
United Bank of India
Ans:
Syndicate Bank
Explanation :
0
[12]In respect of bapartnership business, LLP stands for
A.
Limited Liability bapartnership
B.
Limited Loan bapartnership
C.
Local Labour Promotion
D.
Low Labour Projects
Ans:
Limited Liability bapartnership
Explanation :
0
[13]A debt which is irrecoverable and is therefore written off as loss in the accounts of an institution or bank is known as
A.
External debt
B.
Good debt
C.
Bad debt
D.
Internal debt
Ans:
Bad debt
Explanation :
0
[14]What are the facilities available to the customers through ATM :-
A.
Cash withdrawal subject to a predetermined limit per day
B.
Cash deposit
C.
Balance enquiry
D.
all of the above.
Ans:
all of the above.
Explanation :
0
[15]Maximum bapart of India Foreign Currency is utilized for
A.
Food Item Import
B.
Iron-Steel Import
C.
Petroleum Import
D.
Technology Knowledge Import
Ans:
Petroleum Import
Explanation :
0
[16]High powered money is:-
A.
banks reserves at central bank
B.
all loans and advances of banks.
C.
money held by banks.
D.
currency held by public and reserves with the central bank
Ans:
banks reserves at central bank
Explanation :
0
[17]Reserve Bank of India was setup on the recommendations of which of the following commission/committee?
A.
Royal Commission
B.
Hilton Young Commission
C.
Dantwala Committee
D.
D R Mehta Commission
Ans:
Hilton Young Commission
Explanation :
0
[18]To authenticate a Digital Signature in Cheque Truncation System (CTS), which of the following keys are used..
A.
Private Key
B.
Public Key
C.
Master Key
D.
All of these
Ans:
Private Key
Explanation :
0
[19]MICR code is used for
A.
For Code Banking Solution
B.
For Electronic Funds Transfer
C.
For Electronic Clearance of Cheques
D.
For Cheque Truncation Services
Ans:
For Electronic Clearance of Cheques
Explanation :
0
[20]When a bank returns a cheque unpaid, it is called?
A.
Payment of the cheque
B.
Drawing of the cheque
C.
Canceling of the cheque
D.
Dishonour of the cheque
Ans:
Dishonour of the cheque
Explanation :
0
[21]A fixed deposit receipt is kept with the bank for its safety, is known as
A.
Safe custody
B.
Safe deposit
C.
Locker
D.
Valid safe deposit
Ans:
Safe custody
Explanation :
0
[22]SEPA Stands for
A.
Scottish Environment Protection Agency
B.
Single Euro Payments Area
C.
Scottish Environment Protection Area
D.
Single Euro Payments Agency
Ans:
Single Euro Payments Area
Explanation :
0
[23]Whose signature appears on Indian Rs. 100 note?
A.
RBI Governor
B.
Finance Secretary
C.
Finance Minister
D.
Chairman, Planning Commission
Ans:
RBI Governor
Explanation :
0
[24]A mortgage involves:
A.
transfer of ownership
B.
transfer of possession
C.
transfer of interest
D.
All of the above
Ans:
transfer of interest
Explanation :
0
[25]The Foreign exchange of India is kept with
A.
SBI
B.
ECGC
C.
RBI
D.
NABARD
Ans:
RBI
Explanation :
0
Explanation :
0
[6]If a customer does not get a satisfactory response to his grievance from the bank within
A.
60
B.
90
C.
30
D.
15
Ans:
30
Explanation :
0
[7]“Your perfect banking bapartner‖ is the tagline of
A.
Karnataka Bank
B.
Federal Bank
C.
IndusInd Bank
D.
Kotak Mahindra Bank
Ans:
Federal Bank
Explanation :
0
[8]Which of the following is the most liquid money?
A.
M1
B.
M2
C.
Securities
D.
M3
Ans:
M1
Explanation :
0
[9]NAMA word is related to which organisation ?
A.
World Trade Organisation
B.
UNCTAD
C.
International Monetary Fund
D.
World Bank
Ans:
World Trade Organisation
Explanation :
0
[10]Who is primarily liable on a cheque?
A.
Drawee banker
B.
Drawer
C.
Payee
D.
Collecting banker
Ans:
Drawer
Explanation :
0
[11]Which bank started the first RRB named Prathama Grameen Bank?
A.
Punjab National Bank
B.
State Bank of India
C.
Syndicate Bank
D.
United Bank of India
Ans:
Syndicate Bank
Explanation :
0
[12]In respect of bapartnership business, LLP stands for
A.
Limited Liability bapartnership
B.
Limited Loan bapartnership
C.
Local Labour Promotion
D.
Low Labour Projects
Ans:
Limited Liability bapartnership
Explanation :
0
[13]A debt which is irrecoverable and is therefore written off as loss in the accounts of an institution or bank is known as
A.
External debt
B.
Good debt
C.
Bad debt
D.
Internal debt
Ans:
Bad debt
Explanation :
0
[14]What are the facilities available to the customers through ATM :-
A.
Cash withdrawal subject to a predetermined limit per day
B.
Cash deposit
C.
Balance enquiry
D.
all of the above.
Ans:
all of the above.
Explanation :
0
[15]Maximum bapart of India Foreign Currency is utilized for
A.
Food Item Import
B.
Iron-Steel Import
C.
Petroleum Import
D.
Technology Knowledge Import
Ans:
Petroleum Import
Explanation :
0
[16]High powered money is:-
A.
banks reserves at central bank
B.
all loans and advances of banks.
C.
money held by banks.
D.
currency held by public and reserves with the central bank
Ans:
banks reserves at central bank
Explanation :
0
[17]Reserve Bank of India was setup on the recommendations of which of the following commission/committee?
A.
Royal Commission
B.
Hilton Young Commission
C.
Dantwala Committee
D.
D R Mehta Commission
Ans:
Hilton Young Commission
Explanation :
0
[18]To authenticate a Digital Signature in Cheque Truncation System (CTS), which of the following keys are used..
A.
Private Key
B.
Public Key
C.
Master Key
D.
All of these
Ans:
Private Key
Explanation :
0
[19]MICR code is used for
A.
For Code Banking Solution
B.
For Electronic Funds Transfer
C.
For Electronic Clearance of Cheques
D.
For Cheque Truncation Services
Ans:
For Electronic Clearance of Cheques
Explanation :
0
[20]When a bank returns a cheque unpaid, it is called?
A.
Payment of the cheque
B.
Drawing of the cheque
C.
Canceling of the cheque
D.
Dishonour of the cheque
Ans:
Dishonour of the cheque
Explanation :
0
[21]A fixed deposit receipt is kept with the bank for its safety, is known as
A.
Safe custody
B.
Safe deposit
C.
Locker
D.
Valid safe deposit
Ans:
Safe custody
Explanation :
0
[22]SEPA Stands for
A.
Scottish Environment Protection Agency
B.
Single Euro Payments Area
C.
Scottish Environment Protection Area
D.
Single Euro Payments Agency
Ans:
Single Euro Payments Area
Explanation :
0
[23]Whose signature appears on Indian Rs. 100 note?
A.
RBI Governor
B.
Finance Secretary
C.
Finance Minister
D.
Chairman, Planning Commission
Ans:
RBI Governor
Explanation :
0
[24]A mortgage involves:
A.
transfer of ownership
B.
transfer of possession
C.
transfer of interest
D.
All of the above
Ans:
transfer of interest
Explanation :
0
[25]The Foreign exchange of India is kept with
A.
SBI
B.
ECGC
C.
RBI
D.
NABARD
Ans:
RBI
Explanation :
0
Explanation :
0
[8]Which of the following is the most liquid money?
A.
M1
B.
M2
C.
Securities
D.
M3
Ans:
M1
Explanation :
0
[9]NAMA word is related to which organisation ?
A.
World Trade Organisation
B.
UNCTAD
C.
International Monetary Fund
D.
World Bank
Ans:
World Trade Organisation
Explanation :
0
[10]Who is primarily liable on a cheque?
A.
Drawee banker
B.
Drawer
C.
Payee
D.
Collecting banker
Ans:
Drawer
Explanation :
0
[11]Which bank started the first RRB named Prathama Grameen Bank?
A.
Punjab National Bank
B.
State Bank of India
C.
Syndicate Bank
D.
United Bank of India
Ans:
Syndicate Bank
Explanation :
0
[12]In respect of bapartnership business, LLP stands for
A.
Limited Liability bapartnership
B.
Limited Loan bapartnership
C.
Local Labour Promotion
D.
Low Labour Projects
Ans:
Limited Liability bapartnership
Explanation :
0
[13]A debt which is irrecoverable and is therefore written off as loss in the accounts of an institution or bank is known as
A.
External debt
B.
Good debt
C.
Bad debt
D.
Internal debt
Ans:
Bad debt
Explanation :
0
[14]What are the facilities available to the customers through ATM :-
A.
Cash withdrawal subject to a predetermined limit per day
B.
Cash deposit
C.
Balance enquiry
D.
all of the above.
Ans:
all of the above.
Explanation :
0
[15]Maximum bapart of India Foreign Currency is utilized for
A.
Food Item Import
B.
Iron-Steel Import
C.
Petroleum Import
D.
Technology Knowledge Import
Ans:
Petroleum Import
Explanation :
0
[16]High powered money is:-
A.
banks reserves at central bank
B.
all loans and advances of banks.
C.
money held by banks.
D.
currency held by public and reserves with the central bank
Ans:
banks reserves at central bank
Explanation :
0
[17]Reserve Bank of India was setup on the recommendations of which of the following commission/committee?
A.
Royal Commission
B.
Hilton Young Commission
C.
Dantwala Committee
D.
D R Mehta Commission
Ans:
Hilton Young Commission
Explanation :
0
[18]To authenticate a Digital Signature in Cheque Truncation System (CTS), which of the following keys are used..
A.
Private Key
B.
Public Key
C.
Master Key
D.
All of these
Ans:
Private Key
Explanation :
0
[19]MICR code is used for
A.
For Code Banking Solution
B.
For Electronic Funds Transfer
C.
For Electronic Clearance of Cheques
D.
For Cheque Truncation Services
Ans:
For Electronic Clearance of Cheques
Explanation :
0
[20]When a bank returns a cheque unpaid, it is called?
A.
Payment of the cheque
B.
Drawing of the cheque
C.
Canceling of the cheque
D.
Dishonour of the cheque
Ans:
Dishonour of the cheque
Explanation :
0
[21]A fixed deposit receipt is kept with the bank for its safety, is known as
A.
Safe custody
B.
Safe deposit
C.
Locker
D.
Valid safe deposit
Ans:
Safe custody
Explanation :
0
[22]SEPA Stands for
A.
Scottish Environment Protection Agency
B.
Single Euro Payments Area
C.
Scottish Environment Protection Area
D.
Single Euro Payments Agency
Ans:
Single Euro Payments Area
Explanation :
0
[23]Whose signature appears on Indian Rs. 100 note?
A.
RBI Governor
B.
Finance Secretary
C.
Finance Minister
D.
Chairman, Planning Commission
Ans:
RBI Governor
Explanation :
0
[24]A mortgage involves:
A.
transfer of ownership
B.
transfer of possession
C.
transfer of interest
D.
All of the above
Ans:
transfer of interest
Explanation :
0
[25]The Foreign exchange of India is kept with
A.
SBI
B.
ECGC
C.
RBI
D.
NABARD
Ans:
RBI
Explanation :
0
Explanation :
0
[10]Who is primarily liable on a cheque?
A.
Drawee banker
B.
Drawer
C.
Payee
D.
Collecting banker
Ans:
Drawer
Explanation :
0
[11]Which bank started the first RRB named Prathama Grameen Bank?
A.
Punjab National Bank
B.
State Bank of India
C.
Syndicate Bank
D.
United Bank of India
Ans:
Syndicate Bank
Explanation :
0
[12]In respect of bapartnership business, LLP stands for
A.
Limited Liability bapartnership
B.
Limited Loan bapartnership
C.
Local Labour Promotion
D.
Low Labour Projects
Ans:
Limited Liability bapartnership
Explanation :
0
[13]A debt which is irrecoverable and is therefore written off as loss in the accounts of an institution or bank is known as
A.
External debt
B.
Good debt
C.
Bad debt
D.
Internal debt
Ans:
Bad debt
Explanation :
0
[14]What are the facilities available to the customers through ATM :-
A.
Cash withdrawal subject to a predetermined limit per day
B.
Cash deposit
C.
Balance enquiry
D.
all of the above.
Ans:
all of the above.
Explanation :
0
[15]Maximum bapart of India Foreign Currency is utilized for
A.
Food Item Import
B.
Iron-Steel Import
C.
Petroleum Import
D.
Technology Knowledge Import
Ans:
Petroleum Import
Explanation :
0
[16]High powered money is:-
A.
banks reserves at central bank
B.
all loans and advances of banks.
C.
money held by banks.
D.
currency held by public and reserves with the central bank
Ans:
banks reserves at central bank
Explanation :
0
[17]Reserve Bank of India was setup on the recommendations of which of the following commission/committee?
A.
Royal Commission
B.
Hilton Young Commission
C.
Dantwala Committee
D.
D R Mehta Commission
Ans:
Hilton Young Commission
Explanation :
0
[18]To authenticate a Digital Signature in Cheque Truncation System (CTS), which of the following keys are used..
A.
Private Key
B.
Public Key
C.
Master Key
D.
All of these
Ans:
Private Key
Explanation :
0
[19]MICR code is used for
A.
For Code Banking Solution
B.
For Electronic Funds Transfer
C.
For Electronic Clearance of Cheques
D.
For Cheque Truncation Services
Ans:
For Electronic Clearance of Cheques
Explanation :
0
[20]When a bank returns a cheque unpaid, it is called?
A.
Payment of the cheque
B.
Drawing of the cheque
C.
Canceling of the cheque
D.
Dishonour of the cheque
Ans:
Dishonour of the cheque
Explanation :
0
[21]A fixed deposit receipt is kept with the bank for its safety, is known as
A.
Safe custody
B.
Safe deposit
C.
Locker
D.
Valid safe deposit
Ans:
Safe custody
Explanation :
0
[22]SEPA Stands for
A.
Scottish Environment Protection Agency
B.
Single Euro Payments Area
C.
Scottish Environment Protection Area
D.
Single Euro Payments Agency
Ans:
Single Euro Payments Area
Explanation :
0
[23]Whose signature appears on Indian Rs. 100 note?
A.
RBI Governor
B.
Finance Secretary
C.
Finance Minister
D.
Chairman, Planning Commission
Ans:
RBI Governor
Explanation :
0
[24]A mortgage involves:
A.
transfer of ownership
B.
transfer of possession
C.
transfer of interest
D.
All of the above
Ans:
transfer of interest
Explanation :
0
[25]The Foreign exchange of India is kept with
A.
SBI
B.
ECGC
C.
RBI
D.
NABARD
Ans:
RBI
Explanation :
0
Explanation :
0
[12]In respect of bapartnership business, LLP stands for
A.
Limited Liability bapartnership
B.
Limited Loan bapartnership
C.
Local Labour Promotion
D.
Low Labour Projects
Ans:
Limited Liability bapartnership
Explanation :
0
[13]A debt which is irrecoverable and is therefore written off as loss in the accounts of an institution or bank is known as
A.
External debt
B.
Good debt
C.
Bad debt
D.
Internal debt
Ans:
Bad debt
Explanation :
0
[14]What are the facilities available to the customers through ATM :-
A.
Cash withdrawal subject to a predetermined limit per day
B.
Cash deposit
C.
Balance enquiry
D.
all of the above.
Ans:
all of the above.
Explanation :
0
[15]Maximum bapart of India Foreign Currency is utilized for
A.
Food Item Import
B.
Iron-Steel Import
C.
Petroleum Import
D.
Technology Knowledge Import
Ans:
Petroleum Import
Explanation :
0
[16]High powered money is:-
A.
banks reserves at central bank
B.
all loans and advances of banks.
C.
money held by banks.
D.
currency held by public and reserves with the central bank
Ans:
banks reserves at central bank
Explanation :
0
[17]Reserve Bank of India was setup on the recommendations of which of the following commission/committee?
A.
Royal Commission
B.
Hilton Young Commission
C.
Dantwala Committee
D.
D R Mehta Commission
Ans:
Hilton Young Commission
Explanation :
0
[18]To authenticate a Digital Signature in Cheque Truncation System (CTS), which of the following keys are used..
A.
Private Key
B.
Public Key
C.
Master Key
D.
All of these
Ans:
Private Key
Explanation :
0
[19]MICR code is used for
A.
For Code Banking Solution
B.
For Electronic Funds Transfer
C.
For Electronic Clearance of Cheques
D.
For Cheque Truncation Services
Ans:
For Electronic Clearance of Cheques
Explanation :
0
[20]When a bank returns a cheque unpaid, it is called?
A.
Payment of the cheque
B.
Drawing of the cheque
C.
Canceling of the cheque
D.
Dishonour of the cheque
Ans:
Dishonour of the cheque
Explanation :
0
[21]A fixed deposit receipt is kept with the bank for its safety, is known as
A.
Safe custody
B.
Safe deposit
C.
Locker
D.
Valid safe deposit
Ans:
Safe custody
Explanation :
0
[22]SEPA Stands for
A.
Scottish Environment Protection Agency
B.
Single Euro Payments Area
C.
Scottish Environment Protection Area
D.
Single Euro Payments Agency
Ans:
Single Euro Payments Area
Explanation :
0
[23]Whose signature appears on Indian Rs. 100 note?
A.
RBI Governor
B.
Finance Secretary
C.
Finance Minister
D.
Chairman, Planning Commission
Ans:
RBI Governor
Explanation :
0
[24]A mortgage involves:
A.
transfer of ownership
B.
transfer of possession
C.
transfer of interest
D.
All of the above
Ans:
transfer of interest
Explanation :
0
[25]The Foreign exchange of India is kept with
A.
SBI
B.
ECGC
C.
RBI
D.
NABARD
Ans:
RBI
Explanation :
0
Explanation :
0
[14]What are the facilities available to the customers through ATM :-
A.
Cash withdrawal subject to a predetermined limit per day
B.
Cash deposit
C.
Balance enquiry
D.
all of the above.
Ans:
all of the above.
Explanation :
0
[15]Maximum bapart of India Foreign Currency is utilized for
A.
Food Item Import
B.
Iron-Steel Import
C.
Petroleum Import
D.
Technology Knowledge Import
Ans:
Petroleum Import
Explanation :
0
[16]High powered money is:-
A.
banks reserves at central bank
B.
all loans and advances of banks.
C.
money held by banks.
D.
currency held by public and reserves with the central bank
Ans:
banks reserves at central bank
Explanation :
0
[17]Reserve Bank of India was setup on the recommendations of which of the following commission/committee?
A.
Royal Commission
B.
Hilton Young Commission
C.
Dantwala Committee
D.
D R Mehta Commission
Ans:
Hilton Young Commission
Explanation :
0
[18]To authenticate a Digital Signature in Cheque Truncation System (CTS), which of the following keys are used..
A.
Private Key
B.
Public Key
C.
Master Key
D.
All of these
Ans:
Private Key
Explanation :
0
[19]MICR code is used for
A.
For Code Banking Solution
B.
For Electronic Funds Transfer
C.
For Electronic Clearance of Cheques
D.
For Cheque Truncation Services
Ans:
For Electronic Clearance of Cheques
Explanation :
0
[20]When a bank returns a cheque unpaid, it is called?
A.
Payment of the cheque
B.
Drawing of the cheque
C.
Canceling of the cheque
D.
Dishonour of the cheque
Ans:
Dishonour of the cheque
Explanation :
0
[21]A fixed deposit receipt is kept with the bank for its safety, is known as
A.
Safe custody
B.
Safe deposit
C.
Locker
D.
Valid safe deposit
Ans:
Safe custody
Explanation :
0
[22]SEPA Stands for
A.
Scottish Environment Protection Agency
B.
Single Euro Payments Area
C.
Scottish Environment Protection Area
D.
Single Euro Payments Agency
Ans:
Single Euro Payments Area
Explanation :
0
[23]Whose signature appears on Indian Rs. 100 note?
A.
RBI Governor
B.
Finance Secretary
C.
Finance Minister
D.
Chairman, Planning Commission
Ans:
RBI Governor
Explanation :
0
[24]A mortgage involves:
A.
transfer of ownership
B.
transfer of possession
C.
transfer of interest
D.
All of the above
Ans:
transfer of interest
Explanation :
0
[25]The Foreign exchange of India is kept with
A.
SBI
B.
ECGC
C.
RBI
D.
NABARD
Ans:
RBI
Explanation :
0
Explanation :
0
[16]High powered money is:-
A.
banks reserves at central bank
B.
all loans and advances of banks.
C.
money held by banks.
D.
currency held by public and reserves with the central bank
Ans:
banks reserves at central bank
Explanation :
0
[17]Reserve Bank of India was setup on the recommendations of which of the following commission/committee?
A.
Royal Commission
B.
Hilton Young Commission
C.
Dantwala Committee
D.
D R Mehta Commission
Ans:
Hilton Young Commission
Explanation :
0
[18]To authenticate a Digital Signature in Cheque Truncation System (CTS), which of the following keys are used..
A.
Private Key
B.
Public Key
C.
Master Key
D.
All of these
Ans:
Private Key
Explanation :
0
[19]MICR code is used for
A.
For Code Banking Solution
B.
For Electronic Funds Transfer
C.
For Electronic Clearance of Cheques
D.
For Cheque Truncation Services
Ans:
For Electronic Clearance of Cheques
Explanation :
0
[20]When a bank returns a cheque unpaid, it is called?
A.
Payment of the cheque
B.
Drawing of the cheque
C.
Canceling of the cheque
D.
Dishonour of the cheque
Ans:
Dishonour of the cheque
Explanation :
0
[21]A fixed deposit receipt is kept with the bank for its safety, is known as
A.
Safe custody
B.
Safe deposit
C.
Locker
D.
Valid safe deposit
Ans:
Safe custody
Explanation :
0
[22]SEPA Stands for
A.
Scottish Environment Protection Agency
B.
Single Euro Payments Area
C.
Scottish Environment Protection Area
D.
Single Euro Payments Agency
Ans:
Single Euro Payments Area
Explanation :
0
[23]Whose signature appears on Indian Rs. 100 note?
A.
RBI Governor
B.
Finance Secretary
C.
Finance Minister
D.
Chairman, Planning Commission
Ans:
RBI Governor
Explanation :
0
[24]A mortgage involves:
A.
transfer of ownership
B.
transfer of possession
C.
transfer of interest
D.
All of the above
Ans:
transfer of interest
Explanation :
0
[25]The Foreign exchange of India is kept with
A.
SBI
B.
ECGC
C.
RBI
D.
NABARD
Ans:
RBI
Explanation :
0
Explanation :
0
[18]To authenticate a Digital Signature in Cheque Truncation System (CTS), which of the following keys are used..
A.
Private Key
B.
Public Key
C.
Master Key
D.
All of these
Ans:
Private Key
Explanation :
0
[19]MICR code is used for
A.
For Code Banking Solution
B.
For Electronic Funds Transfer
C.
For Electronic Clearance of Cheques
D.
For Cheque Truncation Services
Ans:
For Electronic Clearance of Cheques
Explanation :
0
[20]When a bank returns a cheque unpaid, it is called?
A.
Payment of the cheque
B.
Drawing of the cheque
C.
Canceling of the cheque
D.
Dishonour of the cheque
Ans:
Dishonour of the cheque
Explanation :
0
[21]A fixed deposit receipt is kept with the bank for its safety, is known as
A.
Safe custody
B.
Safe deposit
C.
Locker
D.
Valid safe deposit
Ans:
Safe custody
Explanation :
0
[22]SEPA Stands for
A.
Scottish Environment Protection Agency
B.
Single Euro Payments Area
C.
Scottish Environment Protection Area
D.
Single Euro Payments Agency
Ans:
Single Euro Payments Area
Explanation :
0
[23]Whose signature appears on Indian Rs. 100 note?
A.
RBI Governor
B.
Finance Secretary
C.
Finance Minister
D.
Chairman, Planning Commission
Ans:
RBI Governor
Explanation :
0
[24]A mortgage involves:
A.
transfer of ownership
B.
transfer of possession
C.
transfer of interest
D.
All of the above
Ans:
transfer of interest
Explanation :
0
[25]The Foreign exchange of India is kept with
A.
SBI
B.
ECGC
C.
RBI
D.
NABARD
Ans:
RBI
Explanation :
0
Explanation :
0
[20]When a bank returns a cheque unpaid, it is called?
A.
Payment of the cheque
B.
Drawing of the cheque
C.
Canceling of the cheque
D.
Dishonour of the cheque
Ans:
Dishonour of the cheque
Explanation :
0
[21]A fixed deposit receipt is kept with the bank for its safety, is known as
A.
Safe custody
B.
Safe deposit
C.
Locker
D.
Valid safe deposit
Ans:
Safe custody
Explanation :
0
[22]SEPA Stands for
A.
Scottish Environment Protection Agency
B.
Single Euro Payments Area
C.
Scottish Environment Protection Area
D.
Single Euro Payments Agency
Ans:
Single Euro Payments Area
Explanation :
0
[23]Whose signature appears on Indian Rs. 100 note?
A.
RBI Governor
B.
Finance Secretary
C.
Finance Minister
D.
Chairman, Planning Commission
Ans:
RBI Governor
Explanation :
0
[24]A mortgage involves:
A.
transfer of ownership
B.
transfer of possession
C.
transfer of interest
D.
All of the above
Ans:
transfer of interest
Explanation :
0
[25]The Foreign exchange of India is kept with
A.
SBI
B.
ECGC
C.
RBI
D.
NABARD
Ans:
RBI
Explanation :
0
Explanation :
0
[22]SEPA Stands for
A.
Scottish Environment Protection Agency
B.
Single Euro Payments Area
C.
Scottish Environment Protection Area
D.
Single Euro Payments Agency
Ans:
Single Euro Payments Area
Explanation :
0
[23]Whose signature appears on Indian Rs. 100 note?
A.
RBI Governor
B.
Finance Secretary
C.
Finance Minister
D.
Chairman, Planning Commission
Ans:
RBI Governor
Explanation :
0
[24]A mortgage involves:
A.
transfer of ownership
B.
transfer of possession
C.
transfer of interest
D.
All of the above
Ans:
transfer of interest
Explanation :
0
[25]The Foreign exchange of India is kept with
A.
SBI
B.
ECGC
C.
RBI
D.
NABARD
Ans:
RBI
Explanation :
0
Explanation :
0
[24]A mortgage involves:
A.
transfer of ownership
B.
transfer of possession
C.
transfer of interest
D.
All of the above
Ans:
transfer of interest
Explanation :
0
[25]The Foreign exchange of India is kept with
A.
SBI
B.
ECGC
C.
RBI
D.
NABARD
Ans:
RBI
Explanation :
0
Explanation :
0
