[1]Who is issuing license to perform insurance business by banks
A.
RBI
B.
IRDA
C.
SEBI
D.
Central government
Ans:
IRDA
Explanation :
0
[2]Prathama Bank is the first Regional Rural Bank (RRB) of India established on 2 Oct, 1975, with its Head Office at Moradabad. The bank was sponsored by
A.
State Bank of India
B.
Central Bank of India
C.
Bank of India
D.
Syndicate Bank
Ans:
Syndicate Bank
Explanation :
0
[3]Co-Operative Banks in India do not finance rural areas under
A.
Personal Finance
B.
Small Scale Unit
C.
Farming
D.
Cattle
Ans:
Small Scale Unit
Explanation :
0
[4]Matryoshka bond‖ is issued by?
A.
USA
B.
Japan
C.
Russia
D.
Canada
Ans:
Russia
Explanation :
0
[5]————– is a financial intermediary who helps to mobilize and transfer capital from those who possess it to those who need it?
A.
Lease finance
B.
Venture capital
C.
Merchant banker
D.
hire purchaser
Ans:
Venture capital
Explanation :
0
[6]Where is the Headquarter of Indian Bank located?
A.
Mumbai
B.
New Delhi
C.
Mangalore
D.
Chennai
Ans:
Chennai
Explanation :
0
[7]The govt. of India replaced the FERA by
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[8]RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms?
A.
Syndicate Bank
B.
United Bank of India
C.
Indian Overseas Bank
D.
UCO Bank
Ans:
UCO Bank
Explanation :
0
[9]Where is the head quarter of Insurance Regulatory and Development Authority (IRDA)?
A.
Hyderabad
B.
Bangalore
C.
Mumbai
D.
Delhi
Ans:
Hyderabad
Explanation :
0
[10]When the rate of inflation increases?
A.
Purchasing power of money increases
B.
Purchasing power of money decreases
C.
Value of money increases
D.
Purchasing power of money remains unaffected
Ans:
Purchasing power of money decreases
Explanation :
0
[11]Obtaining cash from an ATM is similar to:
A.
Writing a Cheque
B.
Open any Account
C.
Any banking transaction
D.
Both a) and b)
Ans:
Writing a Cheque
Explanation :
0
[12]Which of the following is correct statement?
A.
No interest is paid on current deposit accounts.
B.
Interest is paid on current accounts at the same rate as term deposit accounts.
C.
The rate of interest on current accounts and savings accounts are the same.
D.
No interest is paid on any deposit by the bank.
Ans:
No interest is paid on current deposit accounts.
Explanation :
0
[13]Which of the following cannot be called as a Debt Instrument as referred in financial transactions?
A.
Certificate of Deposits
B.
Bonds
C.
Stocks
D.
Commercial Papers
Ans:
Stocks
Explanation :
0
[14]Union Budget which is presented every year in the parliament is also known as
A.
Annual Budget
B.
Common Budget
C.
General Budget
D.
Finance Report of the year
Ans:
General Budget
Explanation :
0
[15]BIS stands for ?
A.
Bank for Insurance Supervision
B.
Bank for Income Settlements
C.
Bank for International settlements
D.
Bank for International school
Ans:
Bank for International settlements
Explanation :
0
[16]You might have heard about PMI data. What is PMI?
A.
Prudential Managers Index
B.
Purchasing Managers Indian
C.
Purchasing Managers Index
D.
Prudential Managers Indian
Ans:
Purchasing Managers Index
Explanation :
0
[17]Who is the chairman of Bharatiya Mahila Bank?
A.
Ranjana Paintal
B.
Indira Talwani
C.
Usha Ananthasubramanian
D.
Krishnan Nair
Ans:
Usha Ananthasubramanian
Explanation :
0
[18]Banks have started opening bio-metric ATMs now. Such ATMs will prove most beneficial for which of the following categories of customers ?
A.
Govt. employees
B.
HNIs
C.
NRIs
D.
Illiterate people
Ans:
Illiterate people
Explanation :
0
[19]Banking Ombudsman Scheme is applicable to the business of
A.
All scheduled commercial banks excluding RRBs
B.
All scheduled commercial banks including RRBs
C.
Only Public Sector Banks
D.
Only Private Sector Banks
Ans:
All scheduled commercial banks including RRBs
Explanation :
0
[20]Which of the following is NOT comes under the functions of Banks?
A.
Accept demand and time deposits from the public
B.
Accept items for keeping in safe custody
C.
Sell gold coins
D.
Buy commodities for trading
Ans:
Buy commodities for trading
Explanation :
0
[21]Where is NDB headquartered?
A.
Beijing
B.
Chengdu
C.
Hong Kong
D.
Shanghai
Ans:
Shanghai
Explanation :
0
[22]Largest shareholder (in percentage shareholding) of a nationalized bank is
A.
Reserve Bank of India
B.
Finance Ministry
C.
State Government
D.
Government of India
Ans:
Government of India
Explanation :
0
[23]Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
A.
Current Account
B.
No-frills Account
C.
Fixed Deposit Bank Account
D.
Students Savings Bank Account
Ans:
No-frills Account
Explanation :
0
[24]How many members are there in FATF?
A.
42
B.
43
C.
40
D.
37
Ans:
37
Explanation :
0
[25]Which of the following is not the bapart of the scheduled banking structure in India?
A.
Money Lenders
B.
Public Sector Banks
C.
Regional Rural Banks
D.
Private Sector Banks.
Ans:
Money Lenders
Explanation :
0
Explanation :
0
[2]Prathama Bank is the first Regional Rural Bank (RRB) of India established on 2 Oct, 1975, with its Head Office at Moradabad. The bank was sponsored by
A.
State Bank of India
B.
Central Bank of India
C.
Bank of India
D.
Syndicate Bank
Ans:
Syndicate Bank
Explanation :
0
[3]Co-Operative Banks in India do not finance rural areas under
A.
Personal Finance
B.
Small Scale Unit
C.
Farming
D.
Cattle
Ans:
Small Scale Unit
Explanation :
0
[4]Matryoshka bond‖ is issued by?
A.
USA
B.
Japan
C.
Russia
D.
Canada
Ans:
Russia
Explanation :
0
[5]————– is a financial intermediary who helps to mobilize and transfer capital from those who possess it to those who need it?
A.
Lease finance
B.
Venture capital
C.
Merchant banker
D.
hire purchaser
Ans:
Venture capital
Explanation :
0
[6]Where is the Headquarter of Indian Bank located?
A.
Mumbai
B.
New Delhi
C.
Mangalore
D.
Chennai
Ans:
Chennai
Explanation :
0
[7]The govt. of India replaced the FERA by
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[8]RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms?
A.
Syndicate Bank
B.
United Bank of India
C.
Indian Overseas Bank
D.
UCO Bank
Ans:
UCO Bank
Explanation :
0
[9]Where is the head quarter of Insurance Regulatory and Development Authority (IRDA)?
A.
Hyderabad
B.
Bangalore
C.
Mumbai
D.
Delhi
Ans:
Hyderabad
Explanation :
0
[10]When the rate of inflation increases?
A.
Purchasing power of money increases
B.
Purchasing power of money decreases
C.
Value of money increases
D.
Purchasing power of money remains unaffected
Ans:
Purchasing power of money decreases
Explanation :
0
[11]Obtaining cash from an ATM is similar to:
A.
Writing a Cheque
B.
Open any Account
C.
Any banking transaction
D.
Both a) and b)
Ans:
Writing a Cheque
Explanation :
0
[12]Which of the following is correct statement?
A.
No interest is paid on current deposit accounts.
B.
Interest is paid on current accounts at the same rate as term deposit accounts.
C.
The rate of interest on current accounts and savings accounts are the same.
D.
No interest is paid on any deposit by the bank.
Ans:
No interest is paid on current deposit accounts.
Explanation :
0
[13]Which of the following cannot be called as a Debt Instrument as referred in financial transactions?
A.
Certificate of Deposits
B.
Bonds
C.
Stocks
D.
Commercial Papers
Ans:
Stocks
Explanation :
0
[14]Union Budget which is presented every year in the parliament is also known as
A.
Annual Budget
B.
Common Budget
C.
General Budget
D.
Finance Report of the year
Ans:
General Budget
Explanation :
0
[15]BIS stands for ?
A.
Bank for Insurance Supervision
B.
Bank for Income Settlements
C.
Bank for International settlements
D.
Bank for International school
Ans:
Bank for International settlements
Explanation :
0
[16]You might have heard about PMI data. What is PMI?
A.
Prudential Managers Index
B.
Purchasing Managers Indian
C.
Purchasing Managers Index
D.
Prudential Managers Indian
Ans:
Purchasing Managers Index
Explanation :
0
[17]Who is the chairman of Bharatiya Mahila Bank?
A.
Ranjana Paintal
B.
Indira Talwani
C.
Usha Ananthasubramanian
D.
Krishnan Nair
Ans:
Usha Ananthasubramanian
Explanation :
0
[18]Banks have started opening bio-metric ATMs now. Such ATMs will prove most beneficial for which of the following categories of customers ?
A.
Govt. employees
B.
HNIs
C.
NRIs
D.
Illiterate people
Ans:
Illiterate people
Explanation :
0
[19]Banking Ombudsman Scheme is applicable to the business of
A.
All scheduled commercial banks excluding RRBs
B.
All scheduled commercial banks including RRBs
C.
Only Public Sector Banks
D.
Only Private Sector Banks
Ans:
All scheduled commercial banks including RRBs
Explanation :
0
[20]Which of the following is NOT comes under the functions of Banks?
A.
Accept demand and time deposits from the public
B.
Accept items for keeping in safe custody
C.
Sell gold coins
D.
Buy commodities for trading
Ans:
Buy commodities for trading
Explanation :
0
[21]Where is NDB headquartered?
A.
Beijing
B.
Chengdu
C.
Hong Kong
D.
Shanghai
Ans:
Shanghai
Explanation :
0
[22]Largest shareholder (in percentage shareholding) of a nationalized bank is
A.
Reserve Bank of India
B.
Finance Ministry
C.
State Government
D.
Government of India
Ans:
Government of India
Explanation :
0
[23]Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
A.
Current Account
B.
No-frills Account
C.
Fixed Deposit Bank Account
D.
Students Savings Bank Account
Ans:
No-frills Account
Explanation :
0
[24]How many members are there in FATF?
A.
42
B.
43
C.
40
D.
37
Ans:
37
Explanation :
0
[25]Which of the following is not the bapart of the scheduled banking structure in India?
A.
Money Lenders
B.
Public Sector Banks
C.
Regional Rural Banks
D.
Private Sector Banks.
Ans:
Money Lenders
Explanation :
0
Explanation :
0
[4]Matryoshka bond‖ is issued by?
A.
USA
B.
Japan
C.
Russia
D.
Canada
Ans:
Russia
Explanation :
0
[5]————– is a financial intermediary who helps to mobilize and transfer capital from those who possess it to those who need it?
A.
Lease finance
B.
Venture capital
C.
Merchant banker
D.
hire purchaser
Ans:
Venture capital
Explanation :
0
[6]Where is the Headquarter of Indian Bank located?
A.
Mumbai
B.
New Delhi
C.
Mangalore
D.
Chennai
Ans:
Chennai
Explanation :
0
[7]The govt. of India replaced the FERA by
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[8]RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms?
A.
Syndicate Bank
B.
United Bank of India
C.
Indian Overseas Bank
D.
UCO Bank
Ans:
UCO Bank
Explanation :
0
[9]Where is the head quarter of Insurance Regulatory and Development Authority (IRDA)?
A.
Hyderabad
B.
Bangalore
C.
Mumbai
D.
Delhi
Ans:
Hyderabad
Explanation :
0
[10]When the rate of inflation increases?
A.
Purchasing power of money increases
B.
Purchasing power of money decreases
C.
Value of money increases
D.
Purchasing power of money remains unaffected
Ans:
Purchasing power of money decreases
Explanation :
0
[11]Obtaining cash from an ATM is similar to:
A.
Writing a Cheque
B.
Open any Account
C.
Any banking transaction
D.
Both a) and b)
Ans:
Writing a Cheque
Explanation :
0
[12]Which of the following is correct statement?
A.
No interest is paid on current deposit accounts.
B.
Interest is paid on current accounts at the same rate as term deposit accounts.
C.
The rate of interest on current accounts and savings accounts are the same.
D.
No interest is paid on any deposit by the bank.
Ans:
No interest is paid on current deposit accounts.
Explanation :
0
[13]Which of the following cannot be called as a Debt Instrument as referred in financial transactions?
A.
Certificate of Deposits
B.
Bonds
C.
Stocks
D.
Commercial Papers
Ans:
Stocks
Explanation :
0
[14]Union Budget which is presented every year in the parliament is also known as
A.
Annual Budget
B.
Common Budget
C.
General Budget
D.
Finance Report of the year
Ans:
General Budget
Explanation :
0
[15]BIS stands for ?
A.
Bank for Insurance Supervision
B.
Bank for Income Settlements
C.
Bank for International settlements
D.
Bank for International school
Ans:
Bank for International settlements
Explanation :
0
[16]You might have heard about PMI data. What is PMI?
A.
Prudential Managers Index
B.
Purchasing Managers Indian
C.
Purchasing Managers Index
D.
Prudential Managers Indian
Ans:
Purchasing Managers Index
Explanation :
0
[17]Who is the chairman of Bharatiya Mahila Bank?
A.
Ranjana Paintal
B.
Indira Talwani
C.
Usha Ananthasubramanian
D.
Krishnan Nair
Ans:
Usha Ananthasubramanian
Explanation :
0
[18]Banks have started opening bio-metric ATMs now. Such ATMs will prove most beneficial for which of the following categories of customers ?
A.
Govt. employees
B.
HNIs
C.
NRIs
D.
Illiterate people
Ans:
Illiterate people
Explanation :
0
[19]Banking Ombudsman Scheme is applicable to the business of
A.
All scheduled commercial banks excluding RRBs
B.
All scheduled commercial banks including RRBs
C.
Only Public Sector Banks
D.
Only Private Sector Banks
Ans:
All scheduled commercial banks including RRBs
Explanation :
0
[20]Which of the following is NOT comes under the functions of Banks?
A.
Accept demand and time deposits from the public
B.
Accept items for keeping in safe custody
C.
Sell gold coins
D.
Buy commodities for trading
Ans:
Buy commodities for trading
Explanation :
0
[21]Where is NDB headquartered?
A.
Beijing
B.
Chengdu
C.
Hong Kong
D.
Shanghai
Ans:
Shanghai
Explanation :
0
[22]Largest shareholder (in percentage shareholding) of a nationalized bank is
A.
Reserve Bank of India
B.
Finance Ministry
C.
State Government
D.
Government of India
Ans:
Government of India
Explanation :
0
[23]Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
A.
Current Account
B.
No-frills Account
C.
Fixed Deposit Bank Account
D.
Students Savings Bank Account
Ans:
No-frills Account
Explanation :
0
[24]How many members are there in FATF?
A.
42
B.
43
C.
40
D.
37
Ans:
37
Explanation :
0
[25]Which of the following is not the bapart of the scheduled banking structure in India?
A.
Money Lenders
B.
Public Sector Banks
C.
Regional Rural Banks
D.
Private Sector Banks.
Ans:
Money Lenders
Explanation :
0
Explanation :
0
[6]Where is the Headquarter of Indian Bank located?
A.
Mumbai
B.
New Delhi
C.
Mangalore
D.
Chennai
Ans:
Chennai
Explanation :
0
[7]The govt. of India replaced the FERA by
A.
FEMA
B.
FRBMA
C.
Monopolies Act
D.
FRTP
Ans:
FEMA
Explanation :
0
[8]RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms?
A.
Syndicate Bank
B.
United Bank of India
C.
Indian Overseas Bank
D.
UCO Bank
Ans:
UCO Bank
Explanation :
0
[9]Where is the head quarter of Insurance Regulatory and Development Authority (IRDA)?
A.
Hyderabad
B.
Bangalore
C.
Mumbai
D.
Delhi
Ans:
Hyderabad
Explanation :
0
[10]When the rate of inflation increases?
A.
Purchasing power of money increases
B.
Purchasing power of money decreases
C.
Value of money increases
D.
Purchasing power of money remains unaffected
Ans:
Purchasing power of money decreases
Explanation :
0
[11]Obtaining cash from an ATM is similar to:
A.
Writing a Cheque
B.
Open any Account
C.
Any banking transaction
D.
Both a) and b)
Ans:
Writing a Cheque
Explanation :
0
[12]Which of the following is correct statement?
A.
No interest is paid on current deposit accounts.
B.
Interest is paid on current accounts at the same rate as term deposit accounts.
C.
The rate of interest on current accounts and savings accounts are the same.
D.
No interest is paid on any deposit by the bank.
Ans:
No interest is paid on current deposit accounts.
Explanation :
0
[13]Which of the following cannot be called as a Debt Instrument as referred in financial transactions?
A.
Certificate of Deposits
B.
Bonds
C.
Stocks
D.
Commercial Papers
Ans:
Stocks
Explanation :
0
[14]Union Budget which is presented every year in the parliament is also known as
A.
Annual Budget
B.
Common Budget
C.
General Budget
D.
Finance Report of the year
Ans:
General Budget
Explanation :
0
[15]BIS stands for ?
A.
Bank for Insurance Supervision
B.
Bank for Income Settlements
C.
Bank for International settlements
D.
Bank for International school
Ans:
Bank for International settlements
Explanation :
0
[16]You might have heard about PMI data. What is PMI?
A.
Prudential Managers Index
B.
Purchasing Managers Indian
C.
Purchasing Managers Index
D.
Prudential Managers Indian
Ans:
Purchasing Managers Index
Explanation :
0
[17]Who is the chairman of Bharatiya Mahila Bank?
A.
Ranjana Paintal
B.
Indira Talwani
C.
Usha Ananthasubramanian
D.
Krishnan Nair
Ans:
Usha Ananthasubramanian
Explanation :
0
[18]Banks have started opening bio-metric ATMs now. Such ATMs will prove most beneficial for which of the following categories of customers ?
A.
Govt. employees
B.
HNIs
C.
NRIs
D.
Illiterate people
Ans:
Illiterate people
Explanation :
0
[19]Banking Ombudsman Scheme is applicable to the business of
A.
All scheduled commercial banks excluding RRBs
B.
All scheduled commercial banks including RRBs
C.
Only Public Sector Banks
D.
Only Private Sector Banks
Ans:
All scheduled commercial banks including RRBs
Explanation :
0
[20]Which of the following is NOT comes under the functions of Banks?
A.
Accept demand and time deposits from the public
B.
Accept items for keeping in safe custody
C.
Sell gold coins
D.
Buy commodities for trading
Ans:
Buy commodities for trading
Explanation :
0
[21]Where is NDB headquartered?
A.
Beijing
B.
Chengdu
C.
Hong Kong
D.
Shanghai
Ans:
Shanghai
Explanation :
0
[22]Largest shareholder (in percentage shareholding) of a nationalized bank is
A.
Reserve Bank of India
B.
Finance Ministry
C.
State Government
D.
Government of India
Ans:
Government of India
Explanation :
0
[23]Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
A.
Current Account
B.
No-frills Account
C.
Fixed Deposit Bank Account
D.
Students Savings Bank Account
Ans:
No-frills Account
Explanation :
0
[24]How many members are there in FATF?
A.
42
B.
43
C.
40
D.
37
Ans:
37
Explanation :
0
[25]Which of the following is not the bapart of the scheduled banking structure in India?
A.
Money Lenders
B.
Public Sector Banks
C.
Regional Rural Banks
D.
Private Sector Banks.
Ans:
Money Lenders
Explanation :
0
Explanation :
0
[8]RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms?
A.
Syndicate Bank
B.
United Bank of India
C.
Indian Overseas Bank
D.
UCO Bank
Ans:
UCO Bank
Explanation :
0
[9]Where is the head quarter of Insurance Regulatory and Development Authority (IRDA)?
A.
Hyderabad
B.
Bangalore
C.
Mumbai
D.
Delhi
Ans:
Hyderabad
Explanation :
0
[10]When the rate of inflation increases?
A.
Purchasing power of money increases
B.
Purchasing power of money decreases
C.
Value of money increases
D.
Purchasing power of money remains unaffected
Ans:
Purchasing power of money decreases
Explanation :
0
[11]Obtaining cash from an ATM is similar to:
A.
Writing a Cheque
B.
Open any Account
C.
Any banking transaction
D.
Both a) and b)
Ans:
Writing a Cheque
Explanation :
0
[12]Which of the following is correct statement?
A.
No interest is paid on current deposit accounts.
B.
Interest is paid on current accounts at the same rate as term deposit accounts.
C.
The rate of interest on current accounts and savings accounts are the same.
D.
No interest is paid on any deposit by the bank.
Ans:
No interest is paid on current deposit accounts.
Explanation :
0
[13]Which of the following cannot be called as a Debt Instrument as referred in financial transactions?
A.
Certificate of Deposits
B.
Bonds
C.
Stocks
D.
Commercial Papers
Ans:
Stocks
Explanation :
0
[14]Union Budget which is presented every year in the parliament is also known as
A.
Annual Budget
B.
Common Budget
C.
General Budget
D.
Finance Report of the year
Ans:
General Budget
Explanation :
0
[15]BIS stands for ?
A.
Bank for Insurance Supervision
B.
Bank for Income Settlements
C.
Bank for International settlements
D.
Bank for International school
Ans:
Bank for International settlements
Explanation :
0
[16]You might have heard about PMI data. What is PMI?
A.
Prudential Managers Index
B.
Purchasing Managers Indian
C.
Purchasing Managers Index
D.
Prudential Managers Indian
Ans:
Purchasing Managers Index
Explanation :
0
[17]Who is the chairman of Bharatiya Mahila Bank?
A.
Ranjana Paintal
B.
Indira Talwani
C.
Usha Ananthasubramanian
D.
Krishnan Nair
Ans:
Usha Ananthasubramanian
Explanation :
0
[18]Banks have started opening bio-metric ATMs now. Such ATMs will prove most beneficial for which of the following categories of customers ?
A.
Govt. employees
B.
HNIs
C.
NRIs
D.
Illiterate people
Ans:
Illiterate people
Explanation :
0
[19]Banking Ombudsman Scheme is applicable to the business of
A.
All scheduled commercial banks excluding RRBs
B.
All scheduled commercial banks including RRBs
C.
Only Public Sector Banks
D.
Only Private Sector Banks
Ans:
All scheduled commercial banks including RRBs
Explanation :
0
[20]Which of the following is NOT comes under the functions of Banks?
A.
Accept demand and time deposits from the public
B.
Accept items for keeping in safe custody
C.
Sell gold coins
D.
Buy commodities for trading
Ans:
Buy commodities for trading
Explanation :
0
[21]Where is NDB headquartered?
A.
Beijing
B.
Chengdu
C.
Hong Kong
D.
Shanghai
Ans:
Shanghai
Explanation :
0
[22]Largest shareholder (in percentage shareholding) of a nationalized bank is
A.
Reserve Bank of India
B.
Finance Ministry
C.
State Government
D.
Government of India
Ans:
Government of India
Explanation :
0
[23]Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
A.
Current Account
B.
No-frills Account
C.
Fixed Deposit Bank Account
D.
Students Savings Bank Account
Ans:
No-frills Account
Explanation :
0
[24]How many members are there in FATF?
A.
42
B.
43
C.
40
D.
37
Ans:
37
Explanation :
0
[25]Which of the following is not the bapart of the scheduled banking structure in India?
A.
Money Lenders
B.
Public Sector Banks
C.
Regional Rural Banks
D.
Private Sector Banks.
Ans:
Money Lenders
Explanation :
0
Explanation :
0
[10]When the rate of inflation increases?
A.
Purchasing power of money increases
B.
Purchasing power of money decreases
C.
Value of money increases
D.
Purchasing power of money remains unaffected
Ans:
Purchasing power of money decreases
Explanation :
0
[11]Obtaining cash from an ATM is similar to:
A.
Writing a Cheque
B.
Open any Account
C.
Any banking transaction
D.
Both a) and b)
Ans:
Writing a Cheque
Explanation :
0
[12]Which of the following is correct statement?
A.
No interest is paid on current deposit accounts.
B.
Interest is paid on current accounts at the same rate as term deposit accounts.
C.
The rate of interest on current accounts and savings accounts are the same.
D.
No interest is paid on any deposit by the bank.
Ans:
No interest is paid on current deposit accounts.
Explanation :
0
[13]Which of the following cannot be called as a Debt Instrument as referred in financial transactions?
A.
Certificate of Deposits
B.
Bonds
C.
Stocks
D.
Commercial Papers
Ans:
Stocks
Explanation :
0
[14]Union Budget which is presented every year in the parliament is also known as
A.
Annual Budget
B.
Common Budget
C.
General Budget
D.
Finance Report of the year
Ans:
General Budget
Explanation :
0
[15]BIS stands for ?
A.
Bank for Insurance Supervision
B.
Bank for Income Settlements
C.
Bank for International settlements
D.
Bank for International school
Ans:
Bank for International settlements
Explanation :
0
[16]You might have heard about PMI data. What is PMI?
A.
Prudential Managers Index
B.
Purchasing Managers Indian
C.
Purchasing Managers Index
D.
Prudential Managers Indian
Ans:
Purchasing Managers Index
Explanation :
0
[17]Who is the chairman of Bharatiya Mahila Bank?
A.
Ranjana Paintal
B.
Indira Talwani
C.
Usha Ananthasubramanian
D.
Krishnan Nair
Ans:
Usha Ananthasubramanian
Explanation :
0
[18]Banks have started opening bio-metric ATMs now. Such ATMs will prove most beneficial for which of the following categories of customers ?
A.
Govt. employees
B.
HNIs
C.
NRIs
D.
Illiterate people
Ans:
Illiterate people
Explanation :
0
[19]Banking Ombudsman Scheme is applicable to the business of
A.
All scheduled commercial banks excluding RRBs
B.
All scheduled commercial banks including RRBs
C.
Only Public Sector Banks
D.
Only Private Sector Banks
Ans:
All scheduled commercial banks including RRBs
Explanation :
0
[20]Which of the following is NOT comes under the functions of Banks?
A.
Accept demand and time deposits from the public
B.
Accept items for keeping in safe custody
C.
Sell gold coins
D.
Buy commodities for trading
Ans:
Buy commodities for trading
Explanation :
0
[21]Where is NDB headquartered?
A.
Beijing
B.
Chengdu
C.
Hong Kong
D.
Shanghai
Ans:
Shanghai
Explanation :
0
[22]Largest shareholder (in percentage shareholding) of a nationalized bank is
A.
Reserve Bank of India
B.
Finance Ministry
C.
State Government
D.
Government of India
Ans:
Government of India
Explanation :
0
[23]Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
A.
Current Account
B.
No-frills Account
C.
Fixed Deposit Bank Account
D.
Students Savings Bank Account
Ans:
No-frills Account
Explanation :
0
[24]How many members are there in FATF?
A.
42
B.
43
C.
40
D.
37
Ans:
37
Explanation :
0
[25]Which of the following is not the bapart of the scheduled banking structure in India?
A.
Money Lenders
B.
Public Sector Banks
C.
Regional Rural Banks
D.
Private Sector Banks.
Ans:
Money Lenders
Explanation :
0
Explanation :
0
[12]Which of the following is correct statement?
A.
No interest is paid on current deposit accounts.
B.
Interest is paid on current accounts at the same rate as term deposit accounts.
C.
The rate of interest on current accounts and savings accounts are the same.
D.
No interest is paid on any deposit by the bank.
Ans:
No interest is paid on current deposit accounts.
Explanation :
0
[13]Which of the following cannot be called as a Debt Instrument as referred in financial transactions?
A.
Certificate of Deposits
B.
Bonds
C.
Stocks
D.
Commercial Papers
Ans:
Stocks
Explanation :
0
[14]Union Budget which is presented every year in the parliament is also known as
A.
Annual Budget
B.
Common Budget
C.
General Budget
D.
Finance Report of the year
Ans:
General Budget
Explanation :
0
[15]BIS stands for ?
A.
Bank for Insurance Supervision
B.
Bank for Income Settlements
C.
Bank for International settlements
D.
Bank for International school
Ans:
Bank for International settlements
Explanation :
0
[16]You might have heard about PMI data. What is PMI?
A.
Prudential Managers Index
B.
Purchasing Managers Indian
C.
Purchasing Managers Index
D.
Prudential Managers Indian
Ans:
Purchasing Managers Index
Explanation :
0
[17]Who is the chairman of Bharatiya Mahila Bank?
A.
Ranjana Paintal
B.
Indira Talwani
C.
Usha Ananthasubramanian
D.
Krishnan Nair
Ans:
Usha Ananthasubramanian
Explanation :
0
[18]Banks have started opening bio-metric ATMs now. Such ATMs will prove most beneficial for which of the following categories of customers ?
A.
Govt. employees
B.
HNIs
C.
NRIs
D.
Illiterate people
Ans:
Illiterate people
Explanation :
0
[19]Banking Ombudsman Scheme is applicable to the business of
A.
All scheduled commercial banks excluding RRBs
B.
All scheduled commercial banks including RRBs
C.
Only Public Sector Banks
D.
Only Private Sector Banks
Ans:
All scheduled commercial banks including RRBs
Explanation :
0
[20]Which of the following is NOT comes under the functions of Banks?
A.
Accept demand and time deposits from the public
B.
Accept items for keeping in safe custody
C.
Sell gold coins
D.
Buy commodities for trading
Ans:
Buy commodities for trading
Explanation :
0
[21]Where is NDB headquartered?
A.
Beijing
B.
Chengdu
C.
Hong Kong
D.
Shanghai
Ans:
Shanghai
Explanation :
0
[22]Largest shareholder (in percentage shareholding) of a nationalized bank is
A.
Reserve Bank of India
B.
Finance Ministry
C.
State Government
D.
Government of India
Ans:
Government of India
Explanation :
0
[23]Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
A.
Current Account
B.
No-frills Account
C.
Fixed Deposit Bank Account
D.
Students Savings Bank Account
Ans:
No-frills Account
Explanation :
0
[24]How many members are there in FATF?
A.
42
B.
43
C.
40
D.
37
Ans:
37
Explanation :
0
[25]Which of the following is not the bapart of the scheduled banking structure in India?
A.
Money Lenders
B.
Public Sector Banks
C.
Regional Rural Banks
D.
Private Sector Banks.
Ans:
Money Lenders
Explanation :
0
Explanation :
0
[14]Union Budget which is presented every year in the parliament is also known as
A.
Annual Budget
B.
Common Budget
C.
General Budget
D.
Finance Report of the year
Ans:
General Budget
Explanation :
0
[15]BIS stands for ?
A.
Bank for Insurance Supervision
B.
Bank for Income Settlements
C.
Bank for International settlements
D.
Bank for International school
Ans:
Bank for International settlements
Explanation :
0
[16]You might have heard about PMI data. What is PMI?
A.
Prudential Managers Index
B.
Purchasing Managers Indian
C.
Purchasing Managers Index
D.
Prudential Managers Indian
Ans:
Purchasing Managers Index
Explanation :
0
[17]Who is the chairman of Bharatiya Mahila Bank?
A.
Ranjana Paintal
B.
Indira Talwani
C.
Usha Ananthasubramanian
D.
Krishnan Nair
Ans:
Usha Ananthasubramanian
Explanation :
0
[18]Banks have started opening bio-metric ATMs now. Such ATMs will prove most beneficial for which of the following categories of customers ?
A.
Govt. employees
B.
HNIs
C.
NRIs
D.
Illiterate people
Ans:
Illiterate people
Explanation :
0
[19]Banking Ombudsman Scheme is applicable to the business of
A.
All scheduled commercial banks excluding RRBs
B.
All scheduled commercial banks including RRBs
C.
Only Public Sector Banks
D.
Only Private Sector Banks
Ans:
All scheduled commercial banks including RRBs
Explanation :
0
[20]Which of the following is NOT comes under the functions of Banks?
A.
Accept demand and time deposits from the public
B.
Accept items for keeping in safe custody
C.
Sell gold coins
D.
Buy commodities for trading
Ans:
Buy commodities for trading
Explanation :
0
[21]Where is NDB headquartered?
A.
Beijing
B.
Chengdu
C.
Hong Kong
D.
Shanghai
Ans:
Shanghai
Explanation :
0
[22]Largest shareholder (in percentage shareholding) of a nationalized bank is
A.
Reserve Bank of India
B.
Finance Ministry
C.
State Government
D.
Government of India
Ans:
Government of India
Explanation :
0
[23]Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
A.
Current Account
B.
No-frills Account
C.
Fixed Deposit Bank Account
D.
Students Savings Bank Account
Ans:
No-frills Account
Explanation :
0
[24]How many members are there in FATF?
A.
42
B.
43
C.
40
D.
37
Ans:
37
Explanation :
0
[25]Which of the following is not the bapart of the scheduled banking structure in India?
A.
Money Lenders
B.
Public Sector Banks
C.
Regional Rural Banks
D.
Private Sector Banks.
Ans:
Money Lenders
Explanation :
0
Explanation :
0
[16]You might have heard about PMI data. What is PMI?
A.
Prudential Managers Index
B.
Purchasing Managers Indian
C.
Purchasing Managers Index
D.
Prudential Managers Indian
Ans:
Purchasing Managers Index
Explanation :
0
[17]Who is the chairman of Bharatiya Mahila Bank?
A.
Ranjana Paintal
B.
Indira Talwani
C.
Usha Ananthasubramanian
D.
Krishnan Nair
Ans:
Usha Ananthasubramanian
Explanation :
0
[18]Banks have started opening bio-metric ATMs now. Such ATMs will prove most beneficial for which of the following categories of customers ?
A.
Govt. employees
B.
HNIs
C.
NRIs
D.
Illiterate people
Ans:
Illiterate people
Explanation :
0
[19]Banking Ombudsman Scheme is applicable to the business of
A.
All scheduled commercial banks excluding RRBs
B.
All scheduled commercial banks including RRBs
C.
Only Public Sector Banks
D.
Only Private Sector Banks
Ans:
All scheduled commercial banks including RRBs
Explanation :
0
[20]Which of the following is NOT comes under the functions of Banks?
A.
Accept demand and time deposits from the public
B.
Accept items for keeping in safe custody
C.
Sell gold coins
D.
Buy commodities for trading
Ans:
Buy commodities for trading
Explanation :
0
[21]Where is NDB headquartered?
A.
Beijing
B.
Chengdu
C.
Hong Kong
D.
Shanghai
Ans:
Shanghai
Explanation :
0
[22]Largest shareholder (in percentage shareholding) of a nationalized bank is
A.
Reserve Bank of India
B.
Finance Ministry
C.
State Government
D.
Government of India
Ans:
Government of India
Explanation :
0
[23]Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
A.
Current Account
B.
No-frills Account
C.
Fixed Deposit Bank Account
D.
Students Savings Bank Account
Ans:
No-frills Account
Explanation :
0
[24]How many members are there in FATF?
A.
42
B.
43
C.
40
D.
37
Ans:
37
Explanation :
0
[25]Which of the following is not the bapart of the scheduled banking structure in India?
A.
Money Lenders
B.
Public Sector Banks
C.
Regional Rural Banks
D.
Private Sector Banks.
Ans:
Money Lenders
Explanation :
0
Explanation :
0
[18]Banks have started opening bio-metric ATMs now. Such ATMs will prove most beneficial for which of the following categories of customers ?
A.
Govt. employees
B.
HNIs
C.
NRIs
D.
Illiterate people
Ans:
Illiterate people
Explanation :
0
[19]Banking Ombudsman Scheme is applicable to the business of
A.
All scheduled commercial banks excluding RRBs
B.
All scheduled commercial banks including RRBs
C.
Only Public Sector Banks
D.
Only Private Sector Banks
Ans:
All scheduled commercial banks including RRBs
Explanation :
0
[20]Which of the following is NOT comes under the functions of Banks?
A.
Accept demand and time deposits from the public
B.
Accept items for keeping in safe custody
C.
Sell gold coins
D.
Buy commodities for trading
Ans:
Buy commodities for trading
Explanation :
0
[21]Where is NDB headquartered?
A.
Beijing
B.
Chengdu
C.
Hong Kong
D.
Shanghai
Ans:
Shanghai
Explanation :
0
[22]Largest shareholder (in percentage shareholding) of a nationalized bank is
A.
Reserve Bank of India
B.
Finance Ministry
C.
State Government
D.
Government of India
Ans:
Government of India
Explanation :
0
[23]Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
A.
Current Account
B.
No-frills Account
C.
Fixed Deposit Bank Account
D.
Students Savings Bank Account
Ans:
No-frills Account
Explanation :
0
[24]How many members are there in FATF?
A.
42
B.
43
C.
40
D.
37
Ans:
37
Explanation :
0
[25]Which of the following is not the bapart of the scheduled banking structure in India?
A.
Money Lenders
B.
Public Sector Banks
C.
Regional Rural Banks
D.
Private Sector Banks.
Ans:
Money Lenders
Explanation :
0
Explanation :
0
[20]Which of the following is NOT comes under the functions of Banks?
A.
Accept demand and time deposits from the public
B.
Accept items for keeping in safe custody
C.
Sell gold coins
D.
Buy commodities for trading
Ans:
Buy commodities for trading
Explanation :
0
[21]Where is NDB headquartered?
A.
Beijing
B.
Chengdu
C.
Hong Kong
D.
Shanghai
Ans:
Shanghai
Explanation :
0
[22]Largest shareholder (in percentage shareholding) of a nationalized bank is
A.
Reserve Bank of India
B.
Finance Ministry
C.
State Government
D.
Government of India
Ans:
Government of India
Explanation :
0
[23]Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
A.
Current Account
B.
No-frills Account
C.
Fixed Deposit Bank Account
D.
Students Savings Bank Account
Ans:
No-frills Account
Explanation :
0
[24]How many members are there in FATF?
A.
42
B.
43
C.
40
D.
37
Ans:
37
Explanation :
0
[25]Which of the following is not the bapart of the scheduled banking structure in India?
A.
Money Lenders
B.
Public Sector Banks
C.
Regional Rural Banks
D.
Private Sector Banks.
Ans:
Money Lenders
Explanation :
0
Explanation :
0
[22]Largest shareholder (in percentage shareholding) of a nationalized bank is
A.
Reserve Bank of India
B.
Finance Ministry
C.
State Government
D.
Government of India
Ans:
Government of India
Explanation :
0
[23]Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
A.
Current Account
B.
No-frills Account
C.
Fixed Deposit Bank Account
D.
Students Savings Bank Account
Ans:
No-frills Account
Explanation :
0
[24]How many members are there in FATF?
A.
42
B.
43
C.
40
D.
37
Ans:
37
Explanation :
0
[25]Which of the following is not the bapart of the scheduled banking structure in India?
A.
Money Lenders
B.
Public Sector Banks
C.
Regional Rural Banks
D.
Private Sector Banks.
Ans:
Money Lenders
Explanation :
0
Explanation :
0
[24]How many members are there in FATF?
A.
42
B.
43
C.
40
D.
37
Ans:
37
Explanation :
0
[25]Which of the following is not the bapart of the scheduled banking structure in India?
A.
Money Lenders
B.
Public Sector Banks
C.
Regional Rural Banks
D.
Private Sector Banks.
Ans:
Money Lenders
Explanation :
0
Explanation :
0