[1]Which of the following types of accounts are known as ‗Demat Accounts?
A.
Accounts which are Zero Balance
B.
Accounts which are opened to facilitate repayment of a loan taken from the bank. No other business can be conducted from there
C.
Accounts in which shares of various companies are traded in electronic form
D.
Accounts which are operated through internet banking facility
Ans:
Accounts in which shares of various companies are traded in electronic form
Explanation :
0
[2]Name the countrys first small finance bank which started its operations recently?
A.
Capital Local Area Bank
B.
Disha Microfin Private Limited
C.
Au Financiers (India) Limited
D.
Ujjivan Financial Services
Ans:
Capital Local Area Bank
Explanation :
0
[3]Which of the following agencies maintain RIDF (Rural Infrastructure development Fund) ?
A.
Ministry of Rural Development
B.
Reserve Bank of India
C.
NABARD
D.
SIDBI
Ans:
NABARD
Explanation :
0
[4]CRR is required to maintain in the form of
A.
Approved Government Securities
B.
Cash with RBI
C.
Cash with bank
D.
All the above
Ans:
Cash with RBI
Explanation :
0
[5]International Bank for Reconstruction and Development is related to
A.
World Bank
B.
ADB
C.
IMF
D.
Federal Bank
Ans:
World Bank
Explanation :
0
[6]Which among the following is a qualitative tool of monetary policy?
A.
Bank Rate
B.
Credit Ceiling
C.
Credit rationing
D.
Cash Reserve Ratio
Ans:
Credit rationing
Explanation :
0
[7]Co-operative Banks in India are registered under
A.
Only i)
B.
i) and ii)
C.
ii) and iii)
D.
i), ii) and iii)
Ans:
Only i)
Explanation :
0
[8]Banking services delivered to a customer by means of a computer control system that does not directly involve banks branch is called?
A.
Brick & Mortal banking
B.
Virtual banking
C.
Universal banking
D.
All of the above
Ans:
Virtual banking
Explanation :
0
[9]GATT stands for:
A.
General Agreement on Tariffs, Tradition and Trade
B.
General Agreement on Tradition and Trade
C.
General Agreement on Tariffs and Trade
D.
None of The Above
Ans:
General Agreement on Tariffs and Trade
Explanation :
0
[10]NDTL stands for
A.
Net Demand and Term Liability
B.
Net Demand and Time Liquidity
C.
Net Demand and Trade Liquidity
D.
Net Demand and Time Liability
Ans:
Net Demand and Time Liability
Explanation :
0
[11]The first ATM was set-up in Mumbai in 1987 by
A.
ICICI Bank
B.
SBI
C.
HDFC Bank
D.
HSBC Bank
Ans:
HSBC Bank
Explanation :
0
[12]Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAF. What is the full form of LAF?
A.
Liquidity Adjustment Facility.
B.
Legal Adjustment Facility
C.
Long-term Achievement Facility
D.
Legal Adjustment Formality
Ans:
Liquidity Adjustment Facility.
Explanation :
0
[13]Which of the following was the first bank to introduce the concept of the ATM in India way back in 1987?
A.
Citibank
B.
HSBC
C.
Deutsche Bank
D.
Standard Chartered
Ans:
HSBC
Explanation :
0
[14]Interest payable on savings bank accounts is?
A.
Regulated by Central Govt
B.
Regulated by RBI
C.
Regulated by Finance Minister
D.
De-regulated by RBI
Ans:
De-regulated by RBI
Explanation :
0
[15]If the Statuary Liquidity Ratio (SLR) is increased, what will be the effect on Banks credit situation?
A.
It will be reduced
B.
It will be increased
C.
It will remain unaffected
D.
None of these
Ans:
It will be reduced
Explanation :
0
[16]The following are main objectives of the SEBI :-
A.
to protect interest of investors
B.
to promote the development of security market
C.
to regulate the security market
D.
all of the above
Ans:
all of the above
Explanation :
0
[17]RBI uses bank rate in order to control
A.
Money supply, volume of bank credit and cost of bank credit.
B.
Liquidity
C.
Cash holdings of banks
D.
Financial position of banks
Ans:
Money supply, volume of bank credit and cost of bank credit.
Explanation :
0
[18]CAMEL model‖ is used by
A.
Bankers to evaluated a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[19]Debapartment of Economic Affairs is bapart of which of the following Ministries ?
A.
Ministry of Home Affairs
B.
Ministry of Planning
C.
Ministry of Finance
D.
Ministry of Heavy Industries & Public Enterprises
Ans:
Ministry of Finance
Explanation :
0
[20]Co-operation as a form of economic activity was formally recognized in India in the year 1904 when
A.
Mahatma Gandhi inaugurated the first Indian co- operative bank
B.
the first co-operative bank was established in Bombay
C.
the first Co-operative Societies Act was passed
D.
All of the above
Ans:
the first Co-operative Societies Act was passed
Explanation :
0
[21]Mortgage is a:
A.
Security on movable property for a loan
B.
Security on immovable property for a loan
C.
Concession on immovable property
D.
Facility on immovable property
Ans:
Security on immovable property for a loan
Explanation :
0
[22]Which of the following statements is correct about banks?
A.
Banks cannot accept demand and time deposits from public.
B.
Banks can accept only time deposits from public.
C.
Banks can accept both demand and time deposits from public.
D.
Banks can accept demand and time deposits only from government.
Ans:
Banks can accept both demand and time deposits from public.
Explanation :
0
[23]Loan given by the banks to farmers/small shop owners etc. is known as
A.
Corporate loan
B.
Business loan
C.
Priority Loan
D.
Commercial Loan
Ans:
Priority Loan
Explanation :
0
[24]Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A.
Fixed Deposit Account
B.
Saving Bank Account
C.
Current account
D.
Recurring Account
Ans:
Recurring Account
Explanation :
0
[25]A bank is called as Scheduled Bank‖ when
A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
D.
When it complies with all the three above
Ans:
It is included in the second Schedule of the RBI Act
Explanation :
0
Explanation :
0
[2]Name the countrys first small finance bank which started its operations recently?
A.
Capital Local Area Bank
B.
Disha Microfin Private Limited
C.
Au Financiers (India) Limited
D.
Ujjivan Financial Services
Ans:
Capital Local Area Bank
Explanation :
0
[3]Which of the following agencies maintain RIDF (Rural Infrastructure development Fund) ?
A.
Ministry of Rural Development
B.
Reserve Bank of India
C.
NABARD
D.
SIDBI
Ans:
NABARD
Explanation :
0
[4]CRR is required to maintain in the form of
A.
Approved Government Securities
B.
Cash with RBI
C.
Cash with bank
D.
All the above
Ans:
Cash with RBI
Explanation :
0
[5]International Bank for Reconstruction and Development is related to
A.
World Bank
B.
ADB
C.
IMF
D.
Federal Bank
Ans:
World Bank
Explanation :
0
[6]Which among the following is a qualitative tool of monetary policy?
A.
Bank Rate
B.
Credit Ceiling
C.
Credit rationing
D.
Cash Reserve Ratio
Ans:
Credit rationing
Explanation :
0
[7]Co-operative Banks in India are registered under
A.
Only i)
B.
i) and ii)
C.
ii) and iii)
D.
i), ii) and iii)
Ans:
Only i)
Explanation :
0
[8]Banking services delivered to a customer by means of a computer control system that does not directly involve banks branch is called?
A.
Brick & Mortal banking
B.
Virtual banking
C.
Universal banking
D.
All of the above
Ans:
Virtual banking
Explanation :
0
[9]GATT stands for:
A.
General Agreement on Tariffs, Tradition and Trade
B.
General Agreement on Tradition and Trade
C.
General Agreement on Tariffs and Trade
D.
None of The Above
Ans:
General Agreement on Tariffs and Trade
Explanation :
0
[10]NDTL stands for
A.
Net Demand and Term Liability
B.
Net Demand and Time Liquidity
C.
Net Demand and Trade Liquidity
D.
Net Demand and Time Liability
Ans:
Net Demand and Time Liability
Explanation :
0
[11]The first ATM was set-up in Mumbai in 1987 by
A.
ICICI Bank
B.
SBI
C.
HDFC Bank
D.
HSBC Bank
Ans:
HSBC Bank
Explanation :
0
[12]Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAF. What is the full form of LAF?
A.
Liquidity Adjustment Facility.
B.
Legal Adjustment Facility
C.
Long-term Achievement Facility
D.
Legal Adjustment Formality
Ans:
Liquidity Adjustment Facility.
Explanation :
0
[13]Which of the following was the first bank to introduce the concept of the ATM in India way back in 1987?
A.
Citibank
B.
HSBC
C.
Deutsche Bank
D.
Standard Chartered
Ans:
HSBC
Explanation :
0
[14]Interest payable on savings bank accounts is?
A.
Regulated by Central Govt
B.
Regulated by RBI
C.
Regulated by Finance Minister
D.
De-regulated by RBI
Ans:
De-regulated by RBI
Explanation :
0
[15]If the Statuary Liquidity Ratio (SLR) is increased, what will be the effect on Banks credit situation?
A.
It will be reduced
B.
It will be increased
C.
It will remain unaffected
D.
None of these
Ans:
It will be reduced
Explanation :
0
[16]The following are main objectives of the SEBI :-
A.
to protect interest of investors
B.
to promote the development of security market
C.
to regulate the security market
D.
all of the above
Ans:
all of the above
Explanation :
0
[17]RBI uses bank rate in order to control
A.
Money supply, volume of bank credit and cost of bank credit.
B.
Liquidity
C.
Cash holdings of banks
D.
Financial position of banks
Ans:
Money supply, volume of bank credit and cost of bank credit.
Explanation :
0
[18]CAMEL model‖ is used by
A.
Bankers to evaluated a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[19]Debapartment of Economic Affairs is bapart of which of the following Ministries ?
A.
Ministry of Home Affairs
B.
Ministry of Planning
C.
Ministry of Finance
D.
Ministry of Heavy Industries & Public Enterprises
Ans:
Ministry of Finance
Explanation :
0
[20]Co-operation as a form of economic activity was formally recognized in India in the year 1904 when
A.
Mahatma Gandhi inaugurated the first Indian co- operative bank
B.
the first co-operative bank was established in Bombay
C.
the first Co-operative Societies Act was passed
D.
All of the above
Ans:
the first Co-operative Societies Act was passed
Explanation :
0
[21]Mortgage is a:
A.
Security on movable property for a loan
B.
Security on immovable property for a loan
C.
Concession on immovable property
D.
Facility on immovable property
Ans:
Security on immovable property for a loan
Explanation :
0
[22]Which of the following statements is correct about banks?
A.
Banks cannot accept demand and time deposits from public.
B.
Banks can accept only time deposits from public.
C.
Banks can accept both demand and time deposits from public.
D.
Banks can accept demand and time deposits only from government.
Ans:
Banks can accept both demand and time deposits from public.
Explanation :
0
[23]Loan given by the banks to farmers/small shop owners etc. is known as
A.
Corporate loan
B.
Business loan
C.
Priority Loan
D.
Commercial Loan
Ans:
Priority Loan
Explanation :
0
[24]Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A.
Fixed Deposit Account
B.
Saving Bank Account
C.
Current account
D.
Recurring Account
Ans:
Recurring Account
Explanation :
0
[25]A bank is called as Scheduled Bank‖ when
A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
D.
When it complies with all the three above
Ans:
It is included in the second Schedule of the RBI Act
Explanation :
0
Explanation :
0
[4]CRR is required to maintain in the form of
A.
Approved Government Securities
B.
Cash with RBI
C.
Cash with bank
D.
All the above
Ans:
Cash with RBI
Explanation :
0
[5]International Bank for Reconstruction and Development is related to
A.
World Bank
B.
ADB
C.
IMF
D.
Federal Bank
Ans:
World Bank
Explanation :
0
[6]Which among the following is a qualitative tool of monetary policy?
A.
Bank Rate
B.
Credit Ceiling
C.
Credit rationing
D.
Cash Reserve Ratio
Ans:
Credit rationing
Explanation :
0
[7]Co-operative Banks in India are registered under
A.
Only i)
B.
i) and ii)
C.
ii) and iii)
D.
i), ii) and iii)
Ans:
Only i)
Explanation :
0
[8]Banking services delivered to a customer by means of a computer control system that does not directly involve banks branch is called?
A.
Brick & Mortal banking
B.
Virtual banking
C.
Universal banking
D.
All of the above
Ans:
Virtual banking
Explanation :
0
[9]GATT stands for:
A.
General Agreement on Tariffs, Tradition and Trade
B.
General Agreement on Tradition and Trade
C.
General Agreement on Tariffs and Trade
D.
None of The Above
Ans:
General Agreement on Tariffs and Trade
Explanation :
0
[10]NDTL stands for
A.
Net Demand and Term Liability
B.
Net Demand and Time Liquidity
C.
Net Demand and Trade Liquidity
D.
Net Demand and Time Liability
Ans:
Net Demand and Time Liability
Explanation :
0
[11]The first ATM was set-up in Mumbai in 1987 by
A.
ICICI Bank
B.
SBI
C.
HDFC Bank
D.
HSBC Bank
Ans:
HSBC Bank
Explanation :
0
[12]Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAF. What is the full form of LAF?
A.
Liquidity Adjustment Facility.
B.
Legal Adjustment Facility
C.
Long-term Achievement Facility
D.
Legal Adjustment Formality
Ans:
Liquidity Adjustment Facility.
Explanation :
0
[13]Which of the following was the first bank to introduce the concept of the ATM in India way back in 1987?
A.
Citibank
B.
HSBC
C.
Deutsche Bank
D.
Standard Chartered
Ans:
HSBC
Explanation :
0
[14]Interest payable on savings bank accounts is?
A.
Regulated by Central Govt
B.
Regulated by RBI
C.
Regulated by Finance Minister
D.
De-regulated by RBI
Ans:
De-regulated by RBI
Explanation :
0
[15]If the Statuary Liquidity Ratio (SLR) is increased, what will be the effect on Banks credit situation?
A.
It will be reduced
B.
It will be increased
C.
It will remain unaffected
D.
None of these
Ans:
It will be reduced
Explanation :
0
[16]The following are main objectives of the SEBI :-
A.
to protect interest of investors
B.
to promote the development of security market
C.
to regulate the security market
D.
all of the above
Ans:
all of the above
Explanation :
0
[17]RBI uses bank rate in order to control
A.
Money supply, volume of bank credit and cost of bank credit.
B.
Liquidity
C.
Cash holdings of banks
D.
Financial position of banks
Ans:
Money supply, volume of bank credit and cost of bank credit.
Explanation :
0
[18]CAMEL model‖ is used by
A.
Bankers to evaluated a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[19]Debapartment of Economic Affairs is bapart of which of the following Ministries ?
A.
Ministry of Home Affairs
B.
Ministry of Planning
C.
Ministry of Finance
D.
Ministry of Heavy Industries & Public Enterprises
Ans:
Ministry of Finance
Explanation :
0
[20]Co-operation as a form of economic activity was formally recognized in India in the year 1904 when
A.
Mahatma Gandhi inaugurated the first Indian co- operative bank
B.
the first co-operative bank was established in Bombay
C.
the first Co-operative Societies Act was passed
D.
All of the above
Ans:
the first Co-operative Societies Act was passed
Explanation :
0
[21]Mortgage is a:
A.
Security on movable property for a loan
B.
Security on immovable property for a loan
C.
Concession on immovable property
D.
Facility on immovable property
Ans:
Security on immovable property for a loan
Explanation :
0
[22]Which of the following statements is correct about banks?
A.
Banks cannot accept demand and time deposits from public.
B.
Banks can accept only time deposits from public.
C.
Banks can accept both demand and time deposits from public.
D.
Banks can accept demand and time deposits only from government.
Ans:
Banks can accept both demand and time deposits from public.
Explanation :
0
[23]Loan given by the banks to farmers/small shop owners etc. is known as
A.
Corporate loan
B.
Business loan
C.
Priority Loan
D.
Commercial Loan
Ans:
Priority Loan
Explanation :
0
[24]Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A.
Fixed Deposit Account
B.
Saving Bank Account
C.
Current account
D.
Recurring Account
Ans:
Recurring Account
Explanation :
0
[25]A bank is called as Scheduled Bank‖ when
A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
D.
When it complies with all the three above
Ans:
It is included in the second Schedule of the RBI Act
Explanation :
0
Explanation :
0
[6]Which among the following is a qualitative tool of monetary policy?
A.
Bank Rate
B.
Credit Ceiling
C.
Credit rationing
D.
Cash Reserve Ratio
Ans:
Credit rationing
Explanation :
0
[7]Co-operative Banks in India are registered under
A.
Only i)
B.
i) and ii)
C.
ii) and iii)
D.
i), ii) and iii)
Ans:
Only i)
Explanation :
0
[8]Banking services delivered to a customer by means of a computer control system that does not directly involve banks branch is called?
A.
Brick & Mortal banking
B.
Virtual banking
C.
Universal banking
D.
All of the above
Ans:
Virtual banking
Explanation :
0
[9]GATT stands for:
A.
General Agreement on Tariffs, Tradition and Trade
B.
General Agreement on Tradition and Trade
C.
General Agreement on Tariffs and Trade
D.
None of The Above
Ans:
General Agreement on Tariffs and Trade
Explanation :
0
[10]NDTL stands for
A.
Net Demand and Term Liability
B.
Net Demand and Time Liquidity
C.
Net Demand and Trade Liquidity
D.
Net Demand and Time Liability
Ans:
Net Demand and Time Liability
Explanation :
0
[11]The first ATM was set-up in Mumbai in 1987 by
A.
ICICI Bank
B.
SBI
C.
HDFC Bank
D.
HSBC Bank
Ans:
HSBC Bank
Explanation :
0
[12]Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAF. What is the full form of LAF?
A.
Liquidity Adjustment Facility.
B.
Legal Adjustment Facility
C.
Long-term Achievement Facility
D.
Legal Adjustment Formality
Ans:
Liquidity Adjustment Facility.
Explanation :
0
[13]Which of the following was the first bank to introduce the concept of the ATM in India way back in 1987?
A.
Citibank
B.
HSBC
C.
Deutsche Bank
D.
Standard Chartered
Ans:
HSBC
Explanation :
0
[14]Interest payable on savings bank accounts is?
A.
Regulated by Central Govt
B.
Regulated by RBI
C.
Regulated by Finance Minister
D.
De-regulated by RBI
Ans:
De-regulated by RBI
Explanation :
0
[15]If the Statuary Liquidity Ratio (SLR) is increased, what will be the effect on Banks credit situation?
A.
It will be reduced
B.
It will be increased
C.
It will remain unaffected
D.
None of these
Ans:
It will be reduced
Explanation :
0
[16]The following are main objectives of the SEBI :-
A.
to protect interest of investors
B.
to promote the development of security market
C.
to regulate the security market
D.
all of the above
Ans:
all of the above
Explanation :
0
[17]RBI uses bank rate in order to control
A.
Money supply, volume of bank credit and cost of bank credit.
B.
Liquidity
C.
Cash holdings of banks
D.
Financial position of banks
Ans:
Money supply, volume of bank credit and cost of bank credit.
Explanation :
0
[18]CAMEL model‖ is used by
A.
Bankers to evaluated a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[19]Debapartment of Economic Affairs is bapart of which of the following Ministries ?
A.
Ministry of Home Affairs
B.
Ministry of Planning
C.
Ministry of Finance
D.
Ministry of Heavy Industries & Public Enterprises
Ans:
Ministry of Finance
Explanation :
0
[20]Co-operation as a form of economic activity was formally recognized in India in the year 1904 when
A.
Mahatma Gandhi inaugurated the first Indian co- operative bank
B.
the first co-operative bank was established in Bombay
C.
the first Co-operative Societies Act was passed
D.
All of the above
Ans:
the first Co-operative Societies Act was passed
Explanation :
0
[21]Mortgage is a:
A.
Security on movable property for a loan
B.
Security on immovable property for a loan
C.
Concession on immovable property
D.
Facility on immovable property
Ans:
Security on immovable property for a loan
Explanation :
0
[22]Which of the following statements is correct about banks?
A.
Banks cannot accept demand and time deposits from public.
B.
Banks can accept only time deposits from public.
C.
Banks can accept both demand and time deposits from public.
D.
Banks can accept demand and time deposits only from government.
Ans:
Banks can accept both demand and time deposits from public.
Explanation :
0
[23]Loan given by the banks to farmers/small shop owners etc. is known as
A.
Corporate loan
B.
Business loan
C.
Priority Loan
D.
Commercial Loan
Ans:
Priority Loan
Explanation :
0
[24]Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A.
Fixed Deposit Account
B.
Saving Bank Account
C.
Current account
D.
Recurring Account
Ans:
Recurring Account
Explanation :
0
[25]A bank is called as Scheduled Bank‖ when
A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
D.
When it complies with all the three above
Ans:
It is included in the second Schedule of the RBI Act
Explanation :
0
Explanation :
0
[8]Banking services delivered to a customer by means of a computer control system that does not directly involve banks branch is called?
A.
Brick & Mortal banking
B.
Virtual banking
C.
Universal banking
D.
All of the above
Ans:
Virtual banking
Explanation :
0
[9]GATT stands for:
A.
General Agreement on Tariffs, Tradition and Trade
B.
General Agreement on Tradition and Trade
C.
General Agreement on Tariffs and Trade
D.
None of The Above
Ans:
General Agreement on Tariffs and Trade
Explanation :
0
[10]NDTL stands for
A.
Net Demand and Term Liability
B.
Net Demand and Time Liquidity
C.
Net Demand and Trade Liquidity
D.
Net Demand and Time Liability
Ans:
Net Demand and Time Liability
Explanation :
0
[11]The first ATM was set-up in Mumbai in 1987 by
A.
ICICI Bank
B.
SBI
C.
HDFC Bank
D.
HSBC Bank
Ans:
HSBC Bank
Explanation :
0
[12]Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAF. What is the full form of LAF?
A.
Liquidity Adjustment Facility.
B.
Legal Adjustment Facility
C.
Long-term Achievement Facility
D.
Legal Adjustment Formality
Ans:
Liquidity Adjustment Facility.
Explanation :
0
[13]Which of the following was the first bank to introduce the concept of the ATM in India way back in 1987?
A.
Citibank
B.
HSBC
C.
Deutsche Bank
D.
Standard Chartered
Ans:
HSBC
Explanation :
0
[14]Interest payable on savings bank accounts is?
A.
Regulated by Central Govt
B.
Regulated by RBI
C.
Regulated by Finance Minister
D.
De-regulated by RBI
Ans:
De-regulated by RBI
Explanation :
0
[15]If the Statuary Liquidity Ratio (SLR) is increased, what will be the effect on Banks credit situation?
A.
It will be reduced
B.
It will be increased
C.
It will remain unaffected
D.
None of these
Ans:
It will be reduced
Explanation :
0
[16]The following are main objectives of the SEBI :-
A.
to protect interest of investors
B.
to promote the development of security market
C.
to regulate the security market
D.
all of the above
Ans:
all of the above
Explanation :
0
[17]RBI uses bank rate in order to control
A.
Money supply, volume of bank credit and cost of bank credit.
B.
Liquidity
C.
Cash holdings of banks
D.
Financial position of banks
Ans:
Money supply, volume of bank credit and cost of bank credit.
Explanation :
0
[18]CAMEL model‖ is used by
A.
Bankers to evaluated a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[19]Debapartment of Economic Affairs is bapart of which of the following Ministries ?
A.
Ministry of Home Affairs
B.
Ministry of Planning
C.
Ministry of Finance
D.
Ministry of Heavy Industries & Public Enterprises
Ans:
Ministry of Finance
Explanation :
0
[20]Co-operation as a form of economic activity was formally recognized in India in the year 1904 when
A.
Mahatma Gandhi inaugurated the first Indian co- operative bank
B.
the first co-operative bank was established in Bombay
C.
the first Co-operative Societies Act was passed
D.
All of the above
Ans:
the first Co-operative Societies Act was passed
Explanation :
0
[21]Mortgage is a:
A.
Security on movable property for a loan
B.
Security on immovable property for a loan
C.
Concession on immovable property
D.
Facility on immovable property
Ans:
Security on immovable property for a loan
Explanation :
0
[22]Which of the following statements is correct about banks?
A.
Banks cannot accept demand and time deposits from public.
B.
Banks can accept only time deposits from public.
C.
Banks can accept both demand and time deposits from public.
D.
Banks can accept demand and time deposits only from government.
Ans:
Banks can accept both demand and time deposits from public.
Explanation :
0
[23]Loan given by the banks to farmers/small shop owners etc. is known as
A.
Corporate loan
B.
Business loan
C.
Priority Loan
D.
Commercial Loan
Ans:
Priority Loan
Explanation :
0
[24]Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A.
Fixed Deposit Account
B.
Saving Bank Account
C.
Current account
D.
Recurring Account
Ans:
Recurring Account
Explanation :
0
[25]A bank is called as Scheduled Bank‖ when
A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
D.
When it complies with all the three above
Ans:
It is included in the second Schedule of the RBI Act
Explanation :
0
Explanation :
0
[10]NDTL stands for
A.
Net Demand and Term Liability
B.
Net Demand and Time Liquidity
C.
Net Demand and Trade Liquidity
D.
Net Demand and Time Liability
Ans:
Net Demand and Time Liability
Explanation :
0
[11]The first ATM was set-up in Mumbai in 1987 by
A.
ICICI Bank
B.
SBI
C.
HDFC Bank
D.
HSBC Bank
Ans:
HSBC Bank
Explanation :
0
[12]Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAF. What is the full form of LAF?
A.
Liquidity Adjustment Facility.
B.
Legal Adjustment Facility
C.
Long-term Achievement Facility
D.
Legal Adjustment Formality
Ans:
Liquidity Adjustment Facility.
Explanation :
0
[13]Which of the following was the first bank to introduce the concept of the ATM in India way back in 1987?
A.
Citibank
B.
HSBC
C.
Deutsche Bank
D.
Standard Chartered
Ans:
HSBC
Explanation :
0
[14]Interest payable on savings bank accounts is?
A.
Regulated by Central Govt
B.
Regulated by RBI
C.
Regulated by Finance Minister
D.
De-regulated by RBI
Ans:
De-regulated by RBI
Explanation :
0
[15]If the Statuary Liquidity Ratio (SLR) is increased, what will be the effect on Banks credit situation?
A.
It will be reduced
B.
It will be increased
C.
It will remain unaffected
D.
None of these
Ans:
It will be reduced
Explanation :
0
[16]The following are main objectives of the SEBI :-
A.
to protect interest of investors
B.
to promote the development of security market
C.
to regulate the security market
D.
all of the above
Ans:
all of the above
Explanation :
0
[17]RBI uses bank rate in order to control
A.
Money supply, volume of bank credit and cost of bank credit.
B.
Liquidity
C.
Cash holdings of banks
D.
Financial position of banks
Ans:
Money supply, volume of bank credit and cost of bank credit.
Explanation :
0
[18]CAMEL model‖ is used by
A.
Bankers to evaluated a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[19]Debapartment of Economic Affairs is bapart of which of the following Ministries ?
A.
Ministry of Home Affairs
B.
Ministry of Planning
C.
Ministry of Finance
D.
Ministry of Heavy Industries & Public Enterprises
Ans:
Ministry of Finance
Explanation :
0
[20]Co-operation as a form of economic activity was formally recognized in India in the year 1904 when
A.
Mahatma Gandhi inaugurated the first Indian co- operative bank
B.
the first co-operative bank was established in Bombay
C.
the first Co-operative Societies Act was passed
D.
All of the above
Ans:
the first Co-operative Societies Act was passed
Explanation :
0
[21]Mortgage is a:
A.
Security on movable property for a loan
B.
Security on immovable property for a loan
C.
Concession on immovable property
D.
Facility on immovable property
Ans:
Security on immovable property for a loan
Explanation :
0
[22]Which of the following statements is correct about banks?
A.
Banks cannot accept demand and time deposits from public.
B.
Banks can accept only time deposits from public.
C.
Banks can accept both demand and time deposits from public.
D.
Banks can accept demand and time deposits only from government.
Ans:
Banks can accept both demand and time deposits from public.
Explanation :
0
[23]Loan given by the banks to farmers/small shop owners etc. is known as
A.
Corporate loan
B.
Business loan
C.
Priority Loan
D.
Commercial Loan
Ans:
Priority Loan
Explanation :
0
[24]Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A.
Fixed Deposit Account
B.
Saving Bank Account
C.
Current account
D.
Recurring Account
Ans:
Recurring Account
Explanation :
0
[25]A bank is called as Scheduled Bank‖ when
A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
D.
When it complies with all the three above
Ans:
It is included in the second Schedule of the RBI Act
Explanation :
0
Explanation :
0
[12]Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAF. What is the full form of LAF?
A.
Liquidity Adjustment Facility.
B.
Legal Adjustment Facility
C.
Long-term Achievement Facility
D.
Legal Adjustment Formality
Ans:
Liquidity Adjustment Facility.
Explanation :
0
[13]Which of the following was the first bank to introduce the concept of the ATM in India way back in 1987?
A.
Citibank
B.
HSBC
C.
Deutsche Bank
D.
Standard Chartered
Ans:
HSBC
Explanation :
0
[14]Interest payable on savings bank accounts is?
A.
Regulated by Central Govt
B.
Regulated by RBI
C.
Regulated by Finance Minister
D.
De-regulated by RBI
Ans:
De-regulated by RBI
Explanation :
0
[15]If the Statuary Liquidity Ratio (SLR) is increased, what will be the effect on Banks credit situation?
A.
It will be reduced
B.
It will be increased
C.
It will remain unaffected
D.
None of these
Ans:
It will be reduced
Explanation :
0
[16]The following are main objectives of the SEBI :-
A.
to protect interest of investors
B.
to promote the development of security market
C.
to regulate the security market
D.
all of the above
Ans:
all of the above
Explanation :
0
[17]RBI uses bank rate in order to control
A.
Money supply, volume of bank credit and cost of bank credit.
B.
Liquidity
C.
Cash holdings of banks
D.
Financial position of banks
Ans:
Money supply, volume of bank credit and cost of bank credit.
Explanation :
0
[18]CAMEL model‖ is used by
A.
Bankers to evaluated a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[19]Debapartment of Economic Affairs is bapart of which of the following Ministries ?
A.
Ministry of Home Affairs
B.
Ministry of Planning
C.
Ministry of Finance
D.
Ministry of Heavy Industries & Public Enterprises
Ans:
Ministry of Finance
Explanation :
0
[20]Co-operation as a form of economic activity was formally recognized in India in the year 1904 when
A.
Mahatma Gandhi inaugurated the first Indian co- operative bank
B.
the first co-operative bank was established in Bombay
C.
the first Co-operative Societies Act was passed
D.
All of the above
Ans:
the first Co-operative Societies Act was passed
Explanation :
0
[21]Mortgage is a:
A.
Security on movable property for a loan
B.
Security on immovable property for a loan
C.
Concession on immovable property
D.
Facility on immovable property
Ans:
Security on immovable property for a loan
Explanation :
0
[22]Which of the following statements is correct about banks?
A.
Banks cannot accept demand and time deposits from public.
B.
Banks can accept only time deposits from public.
C.
Banks can accept both demand and time deposits from public.
D.
Banks can accept demand and time deposits only from government.
Ans:
Banks can accept both demand and time deposits from public.
Explanation :
0
[23]Loan given by the banks to farmers/small shop owners etc. is known as
A.
Corporate loan
B.
Business loan
C.
Priority Loan
D.
Commercial Loan
Ans:
Priority Loan
Explanation :
0
[24]Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A.
Fixed Deposit Account
B.
Saving Bank Account
C.
Current account
D.
Recurring Account
Ans:
Recurring Account
Explanation :
0
[25]A bank is called as Scheduled Bank‖ when
A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
D.
When it complies with all the three above
Ans:
It is included in the second Schedule of the RBI Act
Explanation :
0
Explanation :
0
[14]Interest payable on savings bank accounts is?
A.
Regulated by Central Govt
B.
Regulated by RBI
C.
Regulated by Finance Minister
D.
De-regulated by RBI
Ans:
De-regulated by RBI
Explanation :
0
[15]If the Statuary Liquidity Ratio (SLR) is increased, what will be the effect on Banks credit situation?
A.
It will be reduced
B.
It will be increased
C.
It will remain unaffected
D.
None of these
Ans:
It will be reduced
Explanation :
0
[16]The following are main objectives of the SEBI :-
A.
to protect interest of investors
B.
to promote the development of security market
C.
to regulate the security market
D.
all of the above
Ans:
all of the above
Explanation :
0
[17]RBI uses bank rate in order to control
A.
Money supply, volume of bank credit and cost of bank credit.
B.
Liquidity
C.
Cash holdings of banks
D.
Financial position of banks
Ans:
Money supply, volume of bank credit and cost of bank credit.
Explanation :
0
[18]CAMEL model‖ is used by
A.
Bankers to evaluated a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[19]Debapartment of Economic Affairs is bapart of which of the following Ministries ?
A.
Ministry of Home Affairs
B.
Ministry of Planning
C.
Ministry of Finance
D.
Ministry of Heavy Industries & Public Enterprises
Ans:
Ministry of Finance
Explanation :
0
[20]Co-operation as a form of economic activity was formally recognized in India in the year 1904 when
A.
Mahatma Gandhi inaugurated the first Indian co- operative bank
B.
the first co-operative bank was established in Bombay
C.
the first Co-operative Societies Act was passed
D.
All of the above
Ans:
the first Co-operative Societies Act was passed
Explanation :
0
[21]Mortgage is a:
A.
Security on movable property for a loan
B.
Security on immovable property for a loan
C.
Concession on immovable property
D.
Facility on immovable property
Ans:
Security on immovable property for a loan
Explanation :
0
[22]Which of the following statements is correct about banks?
A.
Banks cannot accept demand and time deposits from public.
B.
Banks can accept only time deposits from public.
C.
Banks can accept both demand and time deposits from public.
D.
Banks can accept demand and time deposits only from government.
Ans:
Banks can accept both demand and time deposits from public.
Explanation :
0
[23]Loan given by the banks to farmers/small shop owners etc. is known as
A.
Corporate loan
B.
Business loan
C.
Priority Loan
D.
Commercial Loan
Ans:
Priority Loan
Explanation :
0
[24]Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A.
Fixed Deposit Account
B.
Saving Bank Account
C.
Current account
D.
Recurring Account
Ans:
Recurring Account
Explanation :
0
[25]A bank is called as Scheduled Bank‖ when
A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
D.
When it complies with all the three above
Ans:
It is included in the second Schedule of the RBI Act
Explanation :
0
Explanation :
0
[16]The following are main objectives of the SEBI :-
A.
to protect interest of investors
B.
to promote the development of security market
C.
to regulate the security market
D.
all of the above
Ans:
all of the above
Explanation :
0
[17]RBI uses bank rate in order to control
A.
Money supply, volume of bank credit and cost of bank credit.
B.
Liquidity
C.
Cash holdings of banks
D.
Financial position of banks
Ans:
Money supply, volume of bank credit and cost of bank credit.
Explanation :
0
[18]CAMEL model‖ is used by
A.
Bankers to evaluated a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[19]Debapartment of Economic Affairs is bapart of which of the following Ministries ?
A.
Ministry of Home Affairs
B.
Ministry of Planning
C.
Ministry of Finance
D.
Ministry of Heavy Industries & Public Enterprises
Ans:
Ministry of Finance
Explanation :
0
[20]Co-operation as a form of economic activity was formally recognized in India in the year 1904 when
A.
Mahatma Gandhi inaugurated the first Indian co- operative bank
B.
the first co-operative bank was established in Bombay
C.
the first Co-operative Societies Act was passed
D.
All of the above
Ans:
the first Co-operative Societies Act was passed
Explanation :
0
[21]Mortgage is a:
A.
Security on movable property for a loan
B.
Security on immovable property for a loan
C.
Concession on immovable property
D.
Facility on immovable property
Ans:
Security on immovable property for a loan
Explanation :
0
[22]Which of the following statements is correct about banks?
A.
Banks cannot accept demand and time deposits from public.
B.
Banks can accept only time deposits from public.
C.
Banks can accept both demand and time deposits from public.
D.
Banks can accept demand and time deposits only from government.
Ans:
Banks can accept both demand and time deposits from public.
Explanation :
0
[23]Loan given by the banks to farmers/small shop owners etc. is known as
A.
Corporate loan
B.
Business loan
C.
Priority Loan
D.
Commercial Loan
Ans:
Priority Loan
Explanation :
0
[24]Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A.
Fixed Deposit Account
B.
Saving Bank Account
C.
Current account
D.
Recurring Account
Ans:
Recurring Account
Explanation :
0
[25]A bank is called as Scheduled Bank‖ when
A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
D.
When it complies with all the three above
Ans:
It is included in the second Schedule of the RBI Act
Explanation :
0
Explanation :
0
[18]CAMEL model‖ is used by
A.
Bankers to evaluated a credit proposal
B.
Bankers to manage their risks
C.
RBI inspectors to evaluate banks functions
D.
Merchant Bankers to evaluate portfolio investment
Ans:
RBI inspectors to evaluate banks functions
Explanation :
0
[19]Debapartment of Economic Affairs is bapart of which of the following Ministries ?
A.
Ministry of Home Affairs
B.
Ministry of Planning
C.
Ministry of Finance
D.
Ministry of Heavy Industries & Public Enterprises
Ans:
Ministry of Finance
Explanation :
0
[20]Co-operation as a form of economic activity was formally recognized in India in the year 1904 when
A.
Mahatma Gandhi inaugurated the first Indian co- operative bank
B.
the first co-operative bank was established in Bombay
C.
the first Co-operative Societies Act was passed
D.
All of the above
Ans:
the first Co-operative Societies Act was passed
Explanation :
0
[21]Mortgage is a:
A.
Security on movable property for a loan
B.
Security on immovable property for a loan
C.
Concession on immovable property
D.
Facility on immovable property
Ans:
Security on immovable property for a loan
Explanation :
0
[22]Which of the following statements is correct about banks?
A.
Banks cannot accept demand and time deposits from public.
B.
Banks can accept only time deposits from public.
C.
Banks can accept both demand and time deposits from public.
D.
Banks can accept demand and time deposits only from government.
Ans:
Banks can accept both demand and time deposits from public.
Explanation :
0
[23]Loan given by the banks to farmers/small shop owners etc. is known as
A.
Corporate loan
B.
Business loan
C.
Priority Loan
D.
Commercial Loan
Ans:
Priority Loan
Explanation :
0
[24]Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A.
Fixed Deposit Account
B.
Saving Bank Account
C.
Current account
D.
Recurring Account
Ans:
Recurring Account
Explanation :
0
[25]A bank is called as Scheduled Bank‖ when
A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
D.
When it complies with all the three above
Ans:
It is included in the second Schedule of the RBI Act
Explanation :
0
Explanation :
0
[20]Co-operation as a form of economic activity was formally recognized in India in the year 1904 when
A.
Mahatma Gandhi inaugurated the first Indian co- operative bank
B.
the first co-operative bank was established in Bombay
C.
the first Co-operative Societies Act was passed
D.
All of the above
Ans:
the first Co-operative Societies Act was passed
Explanation :
0
[21]Mortgage is a:
A.
Security on movable property for a loan
B.
Security on immovable property for a loan
C.
Concession on immovable property
D.
Facility on immovable property
Ans:
Security on immovable property for a loan
Explanation :
0
[22]Which of the following statements is correct about banks?
A.
Banks cannot accept demand and time deposits from public.
B.
Banks can accept only time deposits from public.
C.
Banks can accept both demand and time deposits from public.
D.
Banks can accept demand and time deposits only from government.
Ans:
Banks can accept both demand and time deposits from public.
Explanation :
0
[23]Loan given by the banks to farmers/small shop owners etc. is known as
A.
Corporate loan
B.
Business loan
C.
Priority Loan
D.
Commercial Loan
Ans:
Priority Loan
Explanation :
0
[24]Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A.
Fixed Deposit Account
B.
Saving Bank Account
C.
Current account
D.
Recurring Account
Ans:
Recurring Account
Explanation :
0
[25]A bank is called as Scheduled Bank‖ when
A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
D.
When it complies with all the three above
Ans:
It is included in the second Schedule of the RBI Act
Explanation :
0
Explanation :
0
[22]Which of the following statements is correct about banks?
A.
Banks cannot accept demand and time deposits from public.
B.
Banks can accept only time deposits from public.
C.
Banks can accept both demand and time deposits from public.
D.
Banks can accept demand and time deposits only from government.
Ans:
Banks can accept both demand and time deposits from public.
Explanation :
0
[23]Loan given by the banks to farmers/small shop owners etc. is known as
A.
Corporate loan
B.
Business loan
C.
Priority Loan
D.
Commercial Loan
Ans:
Priority Loan
Explanation :
0
[24]Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A.
Fixed Deposit Account
B.
Saving Bank Account
C.
Current account
D.
Recurring Account
Ans:
Recurring Account
Explanation :
0
[25]A bank is called as Scheduled Bank‖ when
A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
D.
When it complies with all the three above
Ans:
It is included in the second Schedule of the RBI Act
Explanation :
0
Explanation :
0
[24]Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A.
Fixed Deposit Account
B.
Saving Bank Account
C.
Current account
D.
Recurring Account
Ans:
Recurring Account
Explanation :
0
[25]A bank is called as Scheduled Bank‖ when
A.
Its business has crossed Rs. 1000 crore mark
B.
Its branch network is over 100
C.
It is included in the second Schedule of the RBI Act
D.
When it complies with all the three above
Ans:
It is included in the second Schedule of the RBI Act
Explanation :
0
Explanation :
0