[1]What can be the maximum limit of CRR for a commercial bank to maintain cash with RBI?
A.
0.55
B.
0.4
C.
0.5
D.
0.49
Ans:
0.4
Explanation :
0
[2]Mortgage is a security created on
A.
Movable property for a loan given by a bank
B.
Immovable property for a deposit received by a bank
C.
A confirmation of immovable property given by a bank
D.
Immovable property for a loan given by a bank
Ans:
Immovable property for a loan given by a bank
Explanation :
0
[3]Bank advances of a Bank are called:
A.
Bad debt
B.
Book debt
C.
Non performing Asset
D.
Out of order accounts
Ans:
Non performing Asset
Explanation :
0
[4]Who is primarily liable on a cheque?
A.
Drawee banker
B.
Drawer
C.
Payee
D.
Collecting banker
Ans:
Drawer
Explanation :
0
[5]Which of the following agreement/accord is related to baking reforms?
A.
Vienna agreement
B.
Basel accord
C.
Nagoya Protocol
D.
Cartagena Protocol
Ans:
Basel accord
Explanation :
0
[6]M-wallet (mobile wallet) application called Buddy lauched by which of the following bank?
A.
Axis
B.
State bank of Travancore
C.
ICICI
D.
SBI
Ans:
SBI
Explanation :
0
[7]Expand the term ALM as used in Banking/ Finance sector.
A.
Asset Liability Management
B.
Asset Liability Maturity
C.
Asset Liability Mismatch
D.
Asset Liability Manpower
Ans:
Asset Liability Management
Explanation :
0
[8]Which among the following does the RBI not decide?
A.
SLR
B.
CRR
C.
Bank Rate
D.
Base Rate
Ans:
Base Rate
Explanation :
0
[9]In 1980, how many banks were nationalized?
A.
8
B.
6
C.
14
D.
10
Ans:
6
Explanation :
0
[10]Allonge is
A.
A piece of paper for making endorsements
B.
A piece of paper attached to a negotiable instrument for making available more space for further endorsements
C.
Both a and b
D.
Duplicate DD issued to a customer
Ans:
A piece of paper attached to a negotiable instrument for making available more space for further endorsements
Explanation :
0
[11]Which of the following terms is used in banking field?
A.
Interest rate swap
B.
Input devices
C.
Sedimentary
D.
Zero Hour
Ans:
Interest rate swap
Explanation :
0
[12]Which of the following Indian company sets it record to be the first company to overtake its parent company in terms of ‗market valuation?
A.
Mahindra & Mahindra
B.
Tata Motors
C.
Ashok Leyland
D.
TCS
Ans:
TCS
Explanation :
0
[13]Which among the following is correct about the White Label ATM‖:
A.
Any non bank entity with a minimum net worth of Rs. 100 crore can apply for white label ATMs. (Not Just NBFCs, any non bank entity can apply)
B.
White Label ATM does not carry any bank’s logo.
C.
RBI has given license/permission to non – bank entities to open White Label ATMs.
D.
All of the Above
Ans:
All of the Above
Explanation :
0
[14]Foreign Currency which has a tendency of quick migration is called-
A.
Fiat Currency
B.
Soft Currency
C.
Token Currency
D.
Hot Currency
Ans:
Hot Currency
Explanation :
0
[15]Caixa Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Spain
Explanation :
0
[16]‗Sugam is a scheme launched for
A.
Small tax payers
B.
Pensioners getting old age pension
C.
Big corporate houses
D.
Getting all sorts of permission
Ans:
Small tax payers
Explanation :
0
[17]When a corporate entity wishes to raise money from the market it can do that by issuing
A.
Commercial Papers
B.
Treasury Bills
C.
KisanVikas Patra
D.
National Savings Certificates
Ans:
Commercial Papers
Explanation :
0
[18]DBS Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Singapore
Explanation :
0
[19]In SNRR Account, SNRR stands for
A.
Statutory Non Resident Rupee
B.
Single Non Resident Rupee
C.
Statutory Non Reflex Rupee
D.
Special Non Resident Rupee
Ans:
Special Non Resident Rupee
Explanation :
0
[20]Banks borrow in this money market for the following purposes:
A.
To fill the gaps in temporary mismatches in funds
B.
To meet the cash reserve ratio and statutory reserve ratio – the mandatory requirements as stipulated by RBI
C.
To meet sudden demand for funds arising out of larger outflows
D.
All the above
Ans:
All the above
Explanation :
0
[21]CBS stand for?
A.
Centralised banking system
B.
Computer based Solution
C.
Core banking Solution
D.
Customised banking Solution
Ans:
Core banking Solution
Explanation :
0
[22]A customer wishes to purchase some US dollars in India. She/he should go to:
A.
Public Debt Division of the RBI only
B.
American Express Bank only
C.
RBI or any branch of a bank which is authorized for such business
D.
Ministry of foreign affairs
Ans:
RBI or any branch of a bank which is authorized for such business
Explanation :
0
[23]What is a Repo Rate?
A.
It is a rate at which RBI sell government securities to banks
B.
It is a rate at which banks borrow rupees from RBI
C.
It is a rate at which RBI allows small loans in the market
D.
It is a rate which is offered by Banks to their most valued customers or prime customers
Ans:
It is a rate at which banks borrow rupees from RBI
Explanation :
0
[24]The rate at which banks borrows from the RBI is called
A.
SLR
B.
Repo Rate
C.
Reverse repo rate
D.
Bank rate
Ans:
Repo Rate
Explanation :
0
[25]Which of the following banks have become the first banks to join SWIFTs global payments initiative?
A.
ICICI and HDFC Bank
B.
IndusInd Bank and SBI
C.
PNB and Federal Bank
D.
Axis Bank and ICICI
Ans:
Axis Bank and ICICI
Explanation :
0
Explanation :
0
[2]Mortgage is a security created on
A.
Movable property for a loan given by a bank
B.
Immovable property for a deposit received by a bank
C.
A confirmation of immovable property given by a bank
D.
Immovable property for a loan given by a bank
Ans:
Immovable property for a loan given by a bank
Explanation :
0
[3]Bank advances of a Bank are called:
A.
Bad debt
B.
Book debt
C.
Non performing Asset
D.
Out of order accounts
Ans:
Non performing Asset
Explanation :
0
[4]Who is primarily liable on a cheque?
A.
Drawee banker
B.
Drawer
C.
Payee
D.
Collecting banker
Ans:
Drawer
Explanation :
0
[5]Which of the following agreement/accord is related to baking reforms?
A.
Vienna agreement
B.
Basel accord
C.
Nagoya Protocol
D.
Cartagena Protocol
Ans:
Basel accord
Explanation :
0
[6]M-wallet (mobile wallet) application called Buddy lauched by which of the following bank?
A.
Axis
B.
State bank of Travancore
C.
ICICI
D.
SBI
Ans:
SBI
Explanation :
0
[7]Expand the term ALM as used in Banking/ Finance sector.
A.
Asset Liability Management
B.
Asset Liability Maturity
C.
Asset Liability Mismatch
D.
Asset Liability Manpower
Ans:
Asset Liability Management
Explanation :
0
[8]Which among the following does the RBI not decide?
A.
SLR
B.
CRR
C.
Bank Rate
D.
Base Rate
Ans:
Base Rate
Explanation :
0
[9]In 1980, how many banks were nationalized?
A.
8
B.
6
C.
14
D.
10
Ans:
6
Explanation :
0
[10]Allonge is
A.
A piece of paper for making endorsements
B.
A piece of paper attached to a negotiable instrument for making available more space for further endorsements
C.
Both a and b
D.
Duplicate DD issued to a customer
Ans:
A piece of paper attached to a negotiable instrument for making available more space for further endorsements
Explanation :
0
[11]Which of the following terms is used in banking field?
A.
Interest rate swap
B.
Input devices
C.
Sedimentary
D.
Zero Hour
Ans:
Interest rate swap
Explanation :
0
[12]Which of the following Indian company sets it record to be the first company to overtake its parent company in terms of ‗market valuation?
A.
Mahindra & Mahindra
B.
Tata Motors
C.
Ashok Leyland
D.
TCS
Ans:
TCS
Explanation :
0
[13]Which among the following is correct about the White Label ATM‖:
A.
Any non bank entity with a minimum net worth of Rs. 100 crore can apply for white label ATMs. (Not Just NBFCs, any non bank entity can apply)
B.
White Label ATM does not carry any bank’s logo.
C.
RBI has given license/permission to non – bank entities to open White Label ATMs.
D.
All of the Above
Ans:
All of the Above
Explanation :
0
[14]Foreign Currency which has a tendency of quick migration is called-
A.
Fiat Currency
B.
Soft Currency
C.
Token Currency
D.
Hot Currency
Ans:
Hot Currency
Explanation :
0
[15]Caixa Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Spain
Explanation :
0
[16]‗Sugam is a scheme launched for
A.
Small tax payers
B.
Pensioners getting old age pension
C.
Big corporate houses
D.
Getting all sorts of permission
Ans:
Small tax payers
Explanation :
0
[17]When a corporate entity wishes to raise money from the market it can do that by issuing
A.
Commercial Papers
B.
Treasury Bills
C.
KisanVikas Patra
D.
National Savings Certificates
Ans:
Commercial Papers
Explanation :
0
[18]DBS Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Singapore
Explanation :
0
[19]In SNRR Account, SNRR stands for
A.
Statutory Non Resident Rupee
B.
Single Non Resident Rupee
C.
Statutory Non Reflex Rupee
D.
Special Non Resident Rupee
Ans:
Special Non Resident Rupee
Explanation :
0
[20]Banks borrow in this money market for the following purposes:
A.
To fill the gaps in temporary mismatches in funds
B.
To meet the cash reserve ratio and statutory reserve ratio – the mandatory requirements as stipulated by RBI
C.
To meet sudden demand for funds arising out of larger outflows
D.
All the above
Ans:
All the above
Explanation :
0
[21]CBS stand for?
A.
Centralised banking system
B.
Computer based Solution
C.
Core banking Solution
D.
Customised banking Solution
Ans:
Core banking Solution
Explanation :
0
[22]A customer wishes to purchase some US dollars in India. She/he should go to:
A.
Public Debt Division of the RBI only
B.
American Express Bank only
C.
RBI or any branch of a bank which is authorized for such business
D.
Ministry of foreign affairs
Ans:
RBI or any branch of a bank which is authorized for such business
Explanation :
0
[23]What is a Repo Rate?
A.
It is a rate at which RBI sell government securities to banks
B.
It is a rate at which banks borrow rupees from RBI
C.
It is a rate at which RBI allows small loans in the market
D.
It is a rate which is offered by Banks to their most valued customers or prime customers
Ans:
It is a rate at which banks borrow rupees from RBI
Explanation :
0
[24]The rate at which banks borrows from the RBI is called
A.
SLR
B.
Repo Rate
C.
Reverse repo rate
D.
Bank rate
Ans:
Repo Rate
Explanation :
0
[25]Which of the following banks have become the first banks to join SWIFTs global payments initiative?
A.
ICICI and HDFC Bank
B.
IndusInd Bank and SBI
C.
PNB and Federal Bank
D.
Axis Bank and ICICI
Ans:
Axis Bank and ICICI
Explanation :
0
Explanation :
0
[4]Who is primarily liable on a cheque?
A.
Drawee banker
B.
Drawer
C.
Payee
D.
Collecting banker
Ans:
Drawer
Explanation :
0
[5]Which of the following agreement/accord is related to baking reforms?
A.
Vienna agreement
B.
Basel accord
C.
Nagoya Protocol
D.
Cartagena Protocol
Ans:
Basel accord
Explanation :
0
[6]M-wallet (mobile wallet) application called Buddy lauched by which of the following bank?
A.
Axis
B.
State bank of Travancore
C.
ICICI
D.
SBI
Ans:
SBI
Explanation :
0
[7]Expand the term ALM as used in Banking/ Finance sector.
A.
Asset Liability Management
B.
Asset Liability Maturity
C.
Asset Liability Mismatch
D.
Asset Liability Manpower
Ans:
Asset Liability Management
Explanation :
0
[8]Which among the following does the RBI not decide?
A.
SLR
B.
CRR
C.
Bank Rate
D.
Base Rate
Ans:
Base Rate
Explanation :
0
[9]In 1980, how many banks were nationalized?
A.
8
B.
6
C.
14
D.
10
Ans:
6
Explanation :
0
[10]Allonge is
A.
A piece of paper for making endorsements
B.
A piece of paper attached to a negotiable instrument for making available more space for further endorsements
C.
Both a and b
D.
Duplicate DD issued to a customer
Ans:
A piece of paper attached to a negotiable instrument for making available more space for further endorsements
Explanation :
0
[11]Which of the following terms is used in banking field?
A.
Interest rate swap
B.
Input devices
C.
Sedimentary
D.
Zero Hour
Ans:
Interest rate swap
Explanation :
0
[12]Which of the following Indian company sets it record to be the first company to overtake its parent company in terms of ‗market valuation?
A.
Mahindra & Mahindra
B.
Tata Motors
C.
Ashok Leyland
D.
TCS
Ans:
TCS
Explanation :
0
[13]Which among the following is correct about the White Label ATM‖:
A.
Any non bank entity with a minimum net worth of Rs. 100 crore can apply for white label ATMs. (Not Just NBFCs, any non bank entity can apply)
B.
White Label ATM does not carry any bank’s logo.
C.
RBI has given license/permission to non – bank entities to open White Label ATMs.
D.
All of the Above
Ans:
All of the Above
Explanation :
0
[14]Foreign Currency which has a tendency of quick migration is called-
A.
Fiat Currency
B.
Soft Currency
C.
Token Currency
D.
Hot Currency
Ans:
Hot Currency
Explanation :
0
[15]Caixa Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Spain
Explanation :
0
[16]‗Sugam is a scheme launched for
A.
Small tax payers
B.
Pensioners getting old age pension
C.
Big corporate houses
D.
Getting all sorts of permission
Ans:
Small tax payers
Explanation :
0
[17]When a corporate entity wishes to raise money from the market it can do that by issuing
A.
Commercial Papers
B.
Treasury Bills
C.
KisanVikas Patra
D.
National Savings Certificates
Ans:
Commercial Papers
Explanation :
0
[18]DBS Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Singapore
Explanation :
0
[19]In SNRR Account, SNRR stands for
A.
Statutory Non Resident Rupee
B.
Single Non Resident Rupee
C.
Statutory Non Reflex Rupee
D.
Special Non Resident Rupee
Ans:
Special Non Resident Rupee
Explanation :
0
[20]Banks borrow in this money market for the following purposes:
A.
To fill the gaps in temporary mismatches in funds
B.
To meet the cash reserve ratio and statutory reserve ratio – the mandatory requirements as stipulated by RBI
C.
To meet sudden demand for funds arising out of larger outflows
D.
All the above
Ans:
All the above
Explanation :
0
[21]CBS stand for?
A.
Centralised banking system
B.
Computer based Solution
C.
Core banking Solution
D.
Customised banking Solution
Ans:
Core banking Solution
Explanation :
0
[22]A customer wishes to purchase some US dollars in India. She/he should go to:
A.
Public Debt Division of the RBI only
B.
American Express Bank only
C.
RBI or any branch of a bank which is authorized for such business
D.
Ministry of foreign affairs
Ans:
RBI or any branch of a bank which is authorized for such business
Explanation :
0
[23]What is a Repo Rate?
A.
It is a rate at which RBI sell government securities to banks
B.
It is a rate at which banks borrow rupees from RBI
C.
It is a rate at which RBI allows small loans in the market
D.
It is a rate which is offered by Banks to their most valued customers or prime customers
Ans:
It is a rate at which banks borrow rupees from RBI
Explanation :
0
[24]The rate at which banks borrows from the RBI is called
A.
SLR
B.
Repo Rate
C.
Reverse repo rate
D.
Bank rate
Ans:
Repo Rate
Explanation :
0
[25]Which of the following banks have become the first banks to join SWIFTs global payments initiative?
A.
ICICI and HDFC Bank
B.
IndusInd Bank and SBI
C.
PNB and Federal Bank
D.
Axis Bank and ICICI
Ans:
Axis Bank and ICICI
Explanation :
0
Explanation :
0
[6]M-wallet (mobile wallet) application called Buddy lauched by which of the following bank?
A.
Axis
B.
State bank of Travancore
C.
ICICI
D.
SBI
Ans:
SBI
Explanation :
0
[7]Expand the term ALM as used in Banking/ Finance sector.
A.
Asset Liability Management
B.
Asset Liability Maturity
C.
Asset Liability Mismatch
D.
Asset Liability Manpower
Ans:
Asset Liability Management
Explanation :
0
[8]Which among the following does the RBI not decide?
A.
SLR
B.
CRR
C.
Bank Rate
D.
Base Rate
Ans:
Base Rate
Explanation :
0
[9]In 1980, how many banks were nationalized?
A.
8
B.
6
C.
14
D.
10
Ans:
6
Explanation :
0
[10]Allonge is
A.
A piece of paper for making endorsements
B.
A piece of paper attached to a negotiable instrument for making available more space for further endorsements
C.
Both a and b
D.
Duplicate DD issued to a customer
Ans:
A piece of paper attached to a negotiable instrument for making available more space for further endorsements
Explanation :
0
[11]Which of the following terms is used in banking field?
A.
Interest rate swap
B.
Input devices
C.
Sedimentary
D.
Zero Hour
Ans:
Interest rate swap
Explanation :
0
[12]Which of the following Indian company sets it record to be the first company to overtake its parent company in terms of ‗market valuation?
A.
Mahindra & Mahindra
B.
Tata Motors
C.
Ashok Leyland
D.
TCS
Ans:
TCS
Explanation :
0
[13]Which among the following is correct about the White Label ATM‖:
A.
Any non bank entity with a minimum net worth of Rs. 100 crore can apply for white label ATMs. (Not Just NBFCs, any non bank entity can apply)
B.
White Label ATM does not carry any bank’s logo.
C.
RBI has given license/permission to non – bank entities to open White Label ATMs.
D.
All of the Above
Ans:
All of the Above
Explanation :
0
[14]Foreign Currency which has a tendency of quick migration is called-
A.
Fiat Currency
B.
Soft Currency
C.
Token Currency
D.
Hot Currency
Ans:
Hot Currency
Explanation :
0
[15]Caixa Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Spain
Explanation :
0
[16]‗Sugam is a scheme launched for
A.
Small tax payers
B.
Pensioners getting old age pension
C.
Big corporate houses
D.
Getting all sorts of permission
Ans:
Small tax payers
Explanation :
0
[17]When a corporate entity wishes to raise money from the market it can do that by issuing
A.
Commercial Papers
B.
Treasury Bills
C.
KisanVikas Patra
D.
National Savings Certificates
Ans:
Commercial Papers
Explanation :
0
[18]DBS Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Singapore
Explanation :
0
[19]In SNRR Account, SNRR stands for
A.
Statutory Non Resident Rupee
B.
Single Non Resident Rupee
C.
Statutory Non Reflex Rupee
D.
Special Non Resident Rupee
Ans:
Special Non Resident Rupee
Explanation :
0
[20]Banks borrow in this money market for the following purposes:
A.
To fill the gaps in temporary mismatches in funds
B.
To meet the cash reserve ratio and statutory reserve ratio – the mandatory requirements as stipulated by RBI
C.
To meet sudden demand for funds arising out of larger outflows
D.
All the above
Ans:
All the above
Explanation :
0
[21]CBS stand for?
A.
Centralised banking system
B.
Computer based Solution
C.
Core banking Solution
D.
Customised banking Solution
Ans:
Core banking Solution
Explanation :
0
[22]A customer wishes to purchase some US dollars in India. She/he should go to:
A.
Public Debt Division of the RBI only
B.
American Express Bank only
C.
RBI or any branch of a bank which is authorized for such business
D.
Ministry of foreign affairs
Ans:
RBI or any branch of a bank which is authorized for such business
Explanation :
0
[23]What is a Repo Rate?
A.
It is a rate at which RBI sell government securities to banks
B.
It is a rate at which banks borrow rupees from RBI
C.
It is a rate at which RBI allows small loans in the market
D.
It is a rate which is offered by Banks to their most valued customers or prime customers
Ans:
It is a rate at which banks borrow rupees from RBI
Explanation :
0
[24]The rate at which banks borrows from the RBI is called
A.
SLR
B.
Repo Rate
C.
Reverse repo rate
D.
Bank rate
Ans:
Repo Rate
Explanation :
0
[25]Which of the following banks have become the first banks to join SWIFTs global payments initiative?
A.
ICICI and HDFC Bank
B.
IndusInd Bank and SBI
C.
PNB and Federal Bank
D.
Axis Bank and ICICI
Ans:
Axis Bank and ICICI
Explanation :
0
Explanation :
0
[8]Which among the following does the RBI not decide?
A.
SLR
B.
CRR
C.
Bank Rate
D.
Base Rate
Ans:
Base Rate
Explanation :
0
[9]In 1980, how many banks were nationalized?
A.
8
B.
6
C.
14
D.
10
Ans:
6
Explanation :
0
[10]Allonge is
A.
A piece of paper for making endorsements
B.
A piece of paper attached to a negotiable instrument for making available more space for further endorsements
C.
Both a and b
D.
Duplicate DD issued to a customer
Ans:
A piece of paper attached to a negotiable instrument for making available more space for further endorsements
Explanation :
0
[11]Which of the following terms is used in banking field?
A.
Interest rate swap
B.
Input devices
C.
Sedimentary
D.
Zero Hour
Ans:
Interest rate swap
Explanation :
0
[12]Which of the following Indian company sets it record to be the first company to overtake its parent company in terms of ‗market valuation?
A.
Mahindra & Mahindra
B.
Tata Motors
C.
Ashok Leyland
D.
TCS
Ans:
TCS
Explanation :
0
[13]Which among the following is correct about the White Label ATM‖:
A.
Any non bank entity with a minimum net worth of Rs. 100 crore can apply for white label ATMs. (Not Just NBFCs, any non bank entity can apply)
B.
White Label ATM does not carry any bank’s logo.
C.
RBI has given license/permission to non – bank entities to open White Label ATMs.
D.
All of the Above
Ans:
All of the Above
Explanation :
0
[14]Foreign Currency which has a tendency of quick migration is called-
A.
Fiat Currency
B.
Soft Currency
C.
Token Currency
D.
Hot Currency
Ans:
Hot Currency
Explanation :
0
[15]Caixa Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Spain
Explanation :
0
[16]‗Sugam is a scheme launched for
A.
Small tax payers
B.
Pensioners getting old age pension
C.
Big corporate houses
D.
Getting all sorts of permission
Ans:
Small tax payers
Explanation :
0
[17]When a corporate entity wishes to raise money from the market it can do that by issuing
A.
Commercial Papers
B.
Treasury Bills
C.
KisanVikas Patra
D.
National Savings Certificates
Ans:
Commercial Papers
Explanation :
0
[18]DBS Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Singapore
Explanation :
0
[19]In SNRR Account, SNRR stands for
A.
Statutory Non Resident Rupee
B.
Single Non Resident Rupee
C.
Statutory Non Reflex Rupee
D.
Special Non Resident Rupee
Ans:
Special Non Resident Rupee
Explanation :
0
[20]Banks borrow in this money market for the following purposes:
A.
To fill the gaps in temporary mismatches in funds
B.
To meet the cash reserve ratio and statutory reserve ratio – the mandatory requirements as stipulated by RBI
C.
To meet sudden demand for funds arising out of larger outflows
D.
All the above
Ans:
All the above
Explanation :
0
[21]CBS stand for?
A.
Centralised banking system
B.
Computer based Solution
C.
Core banking Solution
D.
Customised banking Solution
Ans:
Core banking Solution
Explanation :
0
[22]A customer wishes to purchase some US dollars in India. She/he should go to:
A.
Public Debt Division of the RBI only
B.
American Express Bank only
C.
RBI or any branch of a bank which is authorized for such business
D.
Ministry of foreign affairs
Ans:
RBI or any branch of a bank which is authorized for such business
Explanation :
0
[23]What is a Repo Rate?
A.
It is a rate at which RBI sell government securities to banks
B.
It is a rate at which banks borrow rupees from RBI
C.
It is a rate at which RBI allows small loans in the market
D.
It is a rate which is offered by Banks to their most valued customers or prime customers
Ans:
It is a rate at which banks borrow rupees from RBI
Explanation :
0
[24]The rate at which banks borrows from the RBI is called
A.
SLR
B.
Repo Rate
C.
Reverse repo rate
D.
Bank rate
Ans:
Repo Rate
Explanation :
0
[25]Which of the following banks have become the first banks to join SWIFTs global payments initiative?
A.
ICICI and HDFC Bank
B.
IndusInd Bank and SBI
C.
PNB and Federal Bank
D.
Axis Bank and ICICI
Ans:
Axis Bank and ICICI
Explanation :
0
Explanation :
0
[10]Allonge is
A.
A piece of paper for making endorsements
B.
A piece of paper attached to a negotiable instrument for making available more space for further endorsements
C.
Both a and b
D.
Duplicate DD issued to a customer
Ans:
A piece of paper attached to a negotiable instrument for making available more space for further endorsements
Explanation :
0
[11]Which of the following terms is used in banking field?
A.
Interest rate swap
B.
Input devices
C.
Sedimentary
D.
Zero Hour
Ans:
Interest rate swap
Explanation :
0
[12]Which of the following Indian company sets it record to be the first company to overtake its parent company in terms of ‗market valuation?
A.
Mahindra & Mahindra
B.
Tata Motors
C.
Ashok Leyland
D.
TCS
Ans:
TCS
Explanation :
0
[13]Which among the following is correct about the White Label ATM‖:
A.
Any non bank entity with a minimum net worth of Rs. 100 crore can apply for white label ATMs. (Not Just NBFCs, any non bank entity can apply)
B.
White Label ATM does not carry any bank’s logo.
C.
RBI has given license/permission to non – bank entities to open White Label ATMs.
D.
All of the Above
Ans:
All of the Above
Explanation :
0
[14]Foreign Currency which has a tendency of quick migration is called-
A.
Fiat Currency
B.
Soft Currency
C.
Token Currency
D.
Hot Currency
Ans:
Hot Currency
Explanation :
0
[15]Caixa Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Spain
Explanation :
0
[16]‗Sugam is a scheme launched for
A.
Small tax payers
B.
Pensioners getting old age pension
C.
Big corporate houses
D.
Getting all sorts of permission
Ans:
Small tax payers
Explanation :
0
[17]When a corporate entity wishes to raise money from the market it can do that by issuing
A.
Commercial Papers
B.
Treasury Bills
C.
KisanVikas Patra
D.
National Savings Certificates
Ans:
Commercial Papers
Explanation :
0
[18]DBS Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Singapore
Explanation :
0
[19]In SNRR Account, SNRR stands for
A.
Statutory Non Resident Rupee
B.
Single Non Resident Rupee
C.
Statutory Non Reflex Rupee
D.
Special Non Resident Rupee
Ans:
Special Non Resident Rupee
Explanation :
0
[20]Banks borrow in this money market for the following purposes:
A.
To fill the gaps in temporary mismatches in funds
B.
To meet the cash reserve ratio and statutory reserve ratio – the mandatory requirements as stipulated by RBI
C.
To meet sudden demand for funds arising out of larger outflows
D.
All the above
Ans:
All the above
Explanation :
0
[21]CBS stand for?
A.
Centralised banking system
B.
Computer based Solution
C.
Core banking Solution
D.
Customised banking Solution
Ans:
Core banking Solution
Explanation :
0
[22]A customer wishes to purchase some US dollars in India. She/he should go to:
A.
Public Debt Division of the RBI only
B.
American Express Bank only
C.
RBI or any branch of a bank which is authorized for such business
D.
Ministry of foreign affairs
Ans:
RBI or any branch of a bank which is authorized for such business
Explanation :
0
[23]What is a Repo Rate?
A.
It is a rate at which RBI sell government securities to banks
B.
It is a rate at which banks borrow rupees from RBI
C.
It is a rate at which RBI allows small loans in the market
D.
It is a rate which is offered by Banks to their most valued customers or prime customers
Ans:
It is a rate at which banks borrow rupees from RBI
Explanation :
0
[24]The rate at which banks borrows from the RBI is called
A.
SLR
B.
Repo Rate
C.
Reverse repo rate
D.
Bank rate
Ans:
Repo Rate
Explanation :
0
[25]Which of the following banks have become the first banks to join SWIFTs global payments initiative?
A.
ICICI and HDFC Bank
B.
IndusInd Bank and SBI
C.
PNB and Federal Bank
D.
Axis Bank and ICICI
Ans:
Axis Bank and ICICI
Explanation :
0
Explanation :
0
[12]Which of the following Indian company sets it record to be the first company to overtake its parent company in terms of ‗market valuation?
A.
Mahindra & Mahindra
B.
Tata Motors
C.
Ashok Leyland
D.
TCS
Ans:
TCS
Explanation :
0
[13]Which among the following is correct about the White Label ATM‖:
A.
Any non bank entity with a minimum net worth of Rs. 100 crore can apply for white label ATMs. (Not Just NBFCs, any non bank entity can apply)
B.
White Label ATM does not carry any bank’s logo.
C.
RBI has given license/permission to non – bank entities to open White Label ATMs.
D.
All of the Above
Ans:
All of the Above
Explanation :
0
[14]Foreign Currency which has a tendency of quick migration is called-
A.
Fiat Currency
B.
Soft Currency
C.
Token Currency
D.
Hot Currency
Ans:
Hot Currency
Explanation :
0
[15]Caixa Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Spain
Explanation :
0
[16]‗Sugam is a scheme launched for
A.
Small tax payers
B.
Pensioners getting old age pension
C.
Big corporate houses
D.
Getting all sorts of permission
Ans:
Small tax payers
Explanation :
0
[17]When a corporate entity wishes to raise money from the market it can do that by issuing
A.
Commercial Papers
B.
Treasury Bills
C.
KisanVikas Patra
D.
National Savings Certificates
Ans:
Commercial Papers
Explanation :
0
[18]DBS Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Singapore
Explanation :
0
[19]In SNRR Account, SNRR stands for
A.
Statutory Non Resident Rupee
B.
Single Non Resident Rupee
C.
Statutory Non Reflex Rupee
D.
Special Non Resident Rupee
Ans:
Special Non Resident Rupee
Explanation :
0
[20]Banks borrow in this money market for the following purposes:
A.
To fill the gaps in temporary mismatches in funds
B.
To meet the cash reserve ratio and statutory reserve ratio – the mandatory requirements as stipulated by RBI
C.
To meet sudden demand for funds arising out of larger outflows
D.
All the above
Ans:
All the above
Explanation :
0
[21]CBS stand for?
A.
Centralised banking system
B.
Computer based Solution
C.
Core banking Solution
D.
Customised banking Solution
Ans:
Core banking Solution
Explanation :
0
[22]A customer wishes to purchase some US dollars in India. She/he should go to:
A.
Public Debt Division of the RBI only
B.
American Express Bank only
C.
RBI or any branch of a bank which is authorized for such business
D.
Ministry of foreign affairs
Ans:
RBI or any branch of a bank which is authorized for such business
Explanation :
0
[23]What is a Repo Rate?
A.
It is a rate at which RBI sell government securities to banks
B.
It is a rate at which banks borrow rupees from RBI
C.
It is a rate at which RBI allows small loans in the market
D.
It is a rate which is offered by Banks to their most valued customers or prime customers
Ans:
It is a rate at which banks borrow rupees from RBI
Explanation :
0
[24]The rate at which banks borrows from the RBI is called
A.
SLR
B.
Repo Rate
C.
Reverse repo rate
D.
Bank rate
Ans:
Repo Rate
Explanation :
0
[25]Which of the following banks have become the first banks to join SWIFTs global payments initiative?
A.
ICICI and HDFC Bank
B.
IndusInd Bank and SBI
C.
PNB and Federal Bank
D.
Axis Bank and ICICI
Ans:
Axis Bank and ICICI
Explanation :
0
Explanation :
0
[14]Foreign Currency which has a tendency of quick migration is called-
A.
Fiat Currency
B.
Soft Currency
C.
Token Currency
D.
Hot Currency
Ans:
Hot Currency
Explanation :
0
[15]Caixa Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Spain
Explanation :
0
[16]‗Sugam is a scheme launched for
A.
Small tax payers
B.
Pensioners getting old age pension
C.
Big corporate houses
D.
Getting all sorts of permission
Ans:
Small tax payers
Explanation :
0
[17]When a corporate entity wishes to raise money from the market it can do that by issuing
A.
Commercial Papers
B.
Treasury Bills
C.
KisanVikas Patra
D.
National Savings Certificates
Ans:
Commercial Papers
Explanation :
0
[18]DBS Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Singapore
Explanation :
0
[19]In SNRR Account, SNRR stands for
A.
Statutory Non Resident Rupee
B.
Single Non Resident Rupee
C.
Statutory Non Reflex Rupee
D.
Special Non Resident Rupee
Ans:
Special Non Resident Rupee
Explanation :
0
[20]Banks borrow in this money market for the following purposes:
A.
To fill the gaps in temporary mismatches in funds
B.
To meet the cash reserve ratio and statutory reserve ratio – the mandatory requirements as stipulated by RBI
C.
To meet sudden demand for funds arising out of larger outflows
D.
All the above
Ans:
All the above
Explanation :
0
[21]CBS stand for?
A.
Centralised banking system
B.
Computer based Solution
C.
Core banking Solution
D.
Customised banking Solution
Ans:
Core banking Solution
Explanation :
0
[22]A customer wishes to purchase some US dollars in India. She/he should go to:
A.
Public Debt Division of the RBI only
B.
American Express Bank only
C.
RBI or any branch of a bank which is authorized for such business
D.
Ministry of foreign affairs
Ans:
RBI or any branch of a bank which is authorized for such business
Explanation :
0
[23]What is a Repo Rate?
A.
It is a rate at which RBI sell government securities to banks
B.
It is a rate at which banks borrow rupees from RBI
C.
It is a rate at which RBI allows small loans in the market
D.
It is a rate which is offered by Banks to their most valued customers or prime customers
Ans:
It is a rate at which banks borrow rupees from RBI
Explanation :
0
[24]The rate at which banks borrows from the RBI is called
A.
SLR
B.
Repo Rate
C.
Reverse repo rate
D.
Bank rate
Ans:
Repo Rate
Explanation :
0
[25]Which of the following banks have become the first banks to join SWIFTs global payments initiative?
A.
ICICI and HDFC Bank
B.
IndusInd Bank and SBI
C.
PNB and Federal Bank
D.
Axis Bank and ICICI
Ans:
Axis Bank and ICICI
Explanation :
0
Explanation :
0
[16]‗Sugam is a scheme launched for
A.
Small tax payers
B.
Pensioners getting old age pension
C.
Big corporate houses
D.
Getting all sorts of permission
Ans:
Small tax payers
Explanation :
0
[17]When a corporate entity wishes to raise money from the market it can do that by issuing
A.
Commercial Papers
B.
Treasury Bills
C.
KisanVikas Patra
D.
National Savings Certificates
Ans:
Commercial Papers
Explanation :
0
[18]DBS Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Singapore
Explanation :
0
[19]In SNRR Account, SNRR stands for
A.
Statutory Non Resident Rupee
B.
Single Non Resident Rupee
C.
Statutory Non Reflex Rupee
D.
Special Non Resident Rupee
Ans:
Special Non Resident Rupee
Explanation :
0
[20]Banks borrow in this money market for the following purposes:
A.
To fill the gaps in temporary mismatches in funds
B.
To meet the cash reserve ratio and statutory reserve ratio – the mandatory requirements as stipulated by RBI
C.
To meet sudden demand for funds arising out of larger outflows
D.
All the above
Ans:
All the above
Explanation :
0
[21]CBS stand for?
A.
Centralised banking system
B.
Computer based Solution
C.
Core banking Solution
D.
Customised banking Solution
Ans:
Core banking Solution
Explanation :
0
[22]A customer wishes to purchase some US dollars in India. She/he should go to:
A.
Public Debt Division of the RBI only
B.
American Express Bank only
C.
RBI or any branch of a bank which is authorized for such business
D.
Ministry of foreign affairs
Ans:
RBI or any branch of a bank which is authorized for such business
Explanation :
0
[23]What is a Repo Rate?
A.
It is a rate at which RBI sell government securities to banks
B.
It is a rate at which banks borrow rupees from RBI
C.
It is a rate at which RBI allows small loans in the market
D.
It is a rate which is offered by Banks to their most valued customers or prime customers
Ans:
It is a rate at which banks borrow rupees from RBI
Explanation :
0
[24]The rate at which banks borrows from the RBI is called
A.
SLR
B.
Repo Rate
C.
Reverse repo rate
D.
Bank rate
Ans:
Repo Rate
Explanation :
0
[25]Which of the following banks have become the first banks to join SWIFTs global payments initiative?
A.
ICICI and HDFC Bank
B.
IndusInd Bank and SBI
C.
PNB and Federal Bank
D.
Axis Bank and ICICI
Ans:
Axis Bank and ICICI
Explanation :
0
Explanation :
0
[18]DBS Bank has been headquartered in
A.
United Kingdom
B.
Spain
C.
Singapore
D.
South Africa
Ans:
Singapore
Explanation :
0
[19]In SNRR Account, SNRR stands for
A.
Statutory Non Resident Rupee
B.
Single Non Resident Rupee
C.
Statutory Non Reflex Rupee
D.
Special Non Resident Rupee
Ans:
Special Non Resident Rupee
Explanation :
0
[20]Banks borrow in this money market for the following purposes:
A.
To fill the gaps in temporary mismatches in funds
B.
To meet the cash reserve ratio and statutory reserve ratio – the mandatory requirements as stipulated by RBI
C.
To meet sudden demand for funds arising out of larger outflows
D.
All the above
Ans:
All the above
Explanation :
0
[21]CBS stand for?
A.
Centralised banking system
B.
Computer based Solution
C.
Core banking Solution
D.
Customised banking Solution
Ans:
Core banking Solution
Explanation :
0
[22]A customer wishes to purchase some US dollars in India. She/he should go to:
A.
Public Debt Division of the RBI only
B.
American Express Bank only
C.
RBI or any branch of a bank which is authorized for such business
D.
Ministry of foreign affairs
Ans:
RBI or any branch of a bank which is authorized for such business
Explanation :
0
[23]What is a Repo Rate?
A.
It is a rate at which RBI sell government securities to banks
B.
It is a rate at which banks borrow rupees from RBI
C.
It is a rate at which RBI allows small loans in the market
D.
It is a rate which is offered by Banks to their most valued customers or prime customers
Ans:
It is a rate at which banks borrow rupees from RBI
Explanation :
0
[24]The rate at which banks borrows from the RBI is called
A.
SLR
B.
Repo Rate
C.
Reverse repo rate
D.
Bank rate
Ans:
Repo Rate
Explanation :
0
[25]Which of the following banks have become the first banks to join SWIFTs global payments initiative?
A.
ICICI and HDFC Bank
B.
IndusInd Bank and SBI
C.
PNB and Federal Bank
D.
Axis Bank and ICICI
Ans:
Axis Bank and ICICI
Explanation :
0
Explanation :
0
[20]Banks borrow in this money market for the following purposes:
A.
To fill the gaps in temporary mismatches in funds
B.
To meet the cash reserve ratio and statutory reserve ratio – the mandatory requirements as stipulated by RBI
C.
To meet sudden demand for funds arising out of larger outflows
D.
All the above
Ans:
All the above
Explanation :
0
[21]CBS stand for?
A.
Centralised banking system
B.
Computer based Solution
C.
Core banking Solution
D.
Customised banking Solution
Ans:
Core banking Solution
Explanation :
0
[22]A customer wishes to purchase some US dollars in India. She/he should go to:
A.
Public Debt Division of the RBI only
B.
American Express Bank only
C.
RBI or any branch of a bank which is authorized for such business
D.
Ministry of foreign affairs
Ans:
RBI or any branch of a bank which is authorized for such business
Explanation :
0
[23]What is a Repo Rate?
A.
It is a rate at which RBI sell government securities to banks
B.
It is a rate at which banks borrow rupees from RBI
C.
It is a rate at which RBI allows small loans in the market
D.
It is a rate which is offered by Banks to their most valued customers or prime customers
Ans:
It is a rate at which banks borrow rupees from RBI
Explanation :
0
[24]The rate at which banks borrows from the RBI is called
A.
SLR
B.
Repo Rate
C.
Reverse repo rate
D.
Bank rate
Ans:
Repo Rate
Explanation :
0
[25]Which of the following banks have become the first banks to join SWIFTs global payments initiative?
A.
ICICI and HDFC Bank
B.
IndusInd Bank and SBI
C.
PNB and Federal Bank
D.
Axis Bank and ICICI
Ans:
Axis Bank and ICICI
Explanation :
0
Explanation :
0
[22]A customer wishes to purchase some US dollars in India. She/he should go to:
A.
Public Debt Division of the RBI only
B.
American Express Bank only
C.
RBI or any branch of a bank which is authorized for such business
D.
Ministry of foreign affairs
Ans:
RBI or any branch of a bank which is authorized for such business
Explanation :
0
[23]What is a Repo Rate?
A.
It is a rate at which RBI sell government securities to banks
B.
It is a rate at which banks borrow rupees from RBI
C.
It is a rate at which RBI allows small loans in the market
D.
It is a rate which is offered by Banks to their most valued customers or prime customers
Ans:
It is a rate at which banks borrow rupees from RBI
Explanation :
0
[24]The rate at which banks borrows from the RBI is called
A.
SLR
B.
Repo Rate
C.
Reverse repo rate
D.
Bank rate
Ans:
Repo Rate
Explanation :
0
[25]Which of the following banks have become the first banks to join SWIFTs global payments initiative?
A.
ICICI and HDFC Bank
B.
IndusInd Bank and SBI
C.
PNB and Federal Bank
D.
Axis Bank and ICICI
Ans:
Axis Bank and ICICI
Explanation :
0
Explanation :
0
[24]The rate at which banks borrows from the RBI is called
A.
SLR
B.
Repo Rate
C.
Reverse repo rate
D.
Bank rate
Ans:
Repo Rate
Explanation :
0
[25]Which of the following banks have become the first banks to join SWIFTs global payments initiative?
A.
ICICI and HDFC Bank
B.
IndusInd Bank and SBI
C.
PNB and Federal Bank
D.
Axis Bank and ICICI
Ans:
Axis Bank and ICICI
Explanation :
0
Explanation :
0