-
question_answer1)
Mortgage is a [IBPS 2011]
A)
security on movable property for a loan given by a bank. done
clear
B)
security on immovable property for a loan given by a bank. done
clear
C)
concession on immovable property for a loan given by a bank. done
clear
D)
facility on immovable property for a loan given by a bank. done
clear
E)
security on immovable property for a deposit received by a bank. done
clear
View Solution play_arrow
-
question_answer2)
With reference to a cheque which of the following is the "drawee bank"? [IBPS 2012]
A)
The bank that collects the cheque done
clear
B)
The payee's bank done
clear
C)
The endorsee's bank done
clear
D)
The endorser's bank done
clear
E)
The bank upon which the cheque is drawn done
clear
View Solution play_arrow
-
question_answer3)
Which of the following is not a negotiable instrument? [Indian Overseas Bank 2011]
A)
Cheque done
clear
B)
Pay order done
clear
C)
Bill of Exchange done
clear
D)
Warehouse receipt done
clear
E)
All are negotiable instruments done
clear
View Solution play_arrow
-
question_answer4)
Which of the following is not a prerequisite for a promissory note? (Vijaya Bank 2008)
A)
Drawn on a specified banker done
clear
B)
It should be unconditional done
clear
C)
It should be in writing done
clear
D)
It should be made and signed by the debtor done
clear
E)
It should be payable in the currency of the country done
clear
View Solution play_arrow
-
question_answer5)
Which of the following is not a party of Bill of Exchange? (IOB 2009)
A)
The drawer done
clear
B)
The drawee done
clear
C)
The payee done
clear
D)
The endorser done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer6)
In terms of Section 5(1) (5) of the Banking Regulation Act, 1949, a 'banking company' means any company which (IBPS 2012)
A)
accepts deposits from the public done
clear
B)
undertakes lending of money done
clear
C)
transacts the business of banking in done
clear
D)
All of the above done
clear
E)
None of the above done
clear
View Solution play_arrow
-
question_answer7)
Which of the following is the abbreviated name of the new Act which deals with money laundering? [OBC 2009]
A)
AILTA done
clear
B)
PERDA done
clear
C)
TERLS done
clear
D)
SALT done
clear
E)
PMLA done
clear
View Solution play_arrow
-
question_answer8)
A bank normally does not have to deal with an issue related to [Indian Bank 2010]
A)
payments and settlement systems done
clear
B)
contractual rights of creditors done
clear
C)
intellectual property rights done
clear
D)
cases of insolvency done
clear
E)
coordination between regulators active in banking / financial sectors done
clear
View Solution play_arrow
-
question_answer9)
As we all know, banks publish their quarterly performance to bring transparency in the system and also to give a clear picture of their performance to the public. How were results of Quarter 2different from the results of Quarter 1 of the listed banks including giants like SB1&ICICI banks? [Allahabad Bank 2010]
(1) Performance was subdued in Quarter 2. |
(2) Yields on advances of almost all listed banks have come down. |
(3) Advances grew at a slower pace when compared to deposits. |
A)
Only (1) is true done
clear
B)
Only (2) is true done
clear
C)
Only (3) is true done
clear
D)
All (1), (2) & (3) are true done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer10)
Whenever some people wish to enter into the business world, it is a must for them to approach a bank. What services do banks provide them in this regard? [Syndicate 2010]
(1) Banks act as payment agents by operating current accounts, paying cheques and receiving payments for them. |
(2) Maintaining account books for them for their day-to-day activities so that they are not required to appoint account/finance personnel on a regular basis. |
(3) Lending money by way of overdraft, instalment loan, credit or advance for business activities |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Only (3) done
clear
D)
Only (1) & (3) done
clear
E)
All of these done
clear
View Solution play_arrow
-
question_answer11)
One of the major challenges banking industry is facing these days is deliberate efforts of some people to bring money earned through illegal activities in circulation. Which of the following acts has been passed to prevent this activity? [Allahabad Bank 2011]
A)
Payment & Settlements Act done
clear
B)
Banking Regulation Act done
clear
C)
Negotiable Instruments Act done
clear
D)
Narcotics and Psychotropic Substance Act done
clear
E)
Prevention of Money Laundering Act done
clear
View Solution play_arrow
-
question_answer12)
Banks need liquidity to meet which of the following objectives of banking? [Allahabad Bank 2011]
(1) To meet deposit withdrawal |
(2) To fund loan demands |
(3) To maintain public confidence |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Only (3) done
clear
D)
Only (1) & (2) done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer13)
Which of the following terms is NOT used in the Banking world? [Allahabad Bank 2011]
A)
Holding Company done
clear
B)
Postdated cheque done
clear
C)
Credit done
clear
D)
Time deposit done
clear
E)
Centripetal force done
clear
View Solution play_arrow
-
question_answer14)
KYC guidelines followed by the banks have been framed on the recommendations of the [Indian Overseas Bank 2011]
A)
Ministry of Home Affairs done
clear
B)
Ministry of Rural Development done
clear
C)
Indian Banks Association done
clear
D)
Financial Intelligence Unit done
clear
E)
Reserve Bank of India done
clear
View Solution play_arrow
-
question_answer15)
Which of the following is the popular name of the norms by which a bank satisfies itself about the customer's identity and activities? [Corporation Bank 2011]
A)
Basel norms done
clear
B)
KYC norms done
clear
C)
Service norms done
clear
D)
Lending norms done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer16)
Banks, today, in addition to normal banking services, offer which of the following services? [Corporation Bank 2011]
A)
Internet Banking done
clear
B)
Depository Services done
clear
C)
Financial Counselling Services done
clear
D)
Only [a] and [b] above done
clear
E)
All [a], [b] and [c] above done
clear
View Solution play_arrow
-
question_answer17)
Which of the following statements is true? [IBPS 2011]
A)
Banks cannot accept demand and time deposits from public. done
clear
B)
Banks can accept only demand deposits from public. done
clear
C)
Banks can accept only time deposits from public. done
clear
D)
Banks can accept both demand and time deposits from public. done
clear
E)
Banks can accept demand and time deposits only from government. done
clear
View Solution play_arrow
-
question_answer18)
When a bank returns a cheque unpaid, it is called [IBPS 2011]
A)
payment of the cheque done
clear
B)
drawing of the cheque done
clear
C)
cancelling of the cheque done
clear
D)
dishonor of the cheque done
clear
E)
taking of the cheque done
clear
View Solution play_arrow
-
question_answer19)
In order to attract more foreign exchange the Govt of India decided to allow foreign investment in LLP firms. What is full form of "LLP" as used in this reference? [IBPS 2011]
A)
Local Labour Promotion done
clear
B)
Low Labour Project's done
clear
C)
Limited Loan Partnership done
clear
D)
Longer Liability Partnership done
clear
E)
Limited Liability Partnership done
clear
View Solution play_arrow
-
question_answer20)
The process by which a life insurance policyholder can transfer all rights, title and interest- under a policy contract to a third person is known as [IBPS 2013]
A)
Assignment of the policy done
clear
B)
Hypothecation of the policy done
clear
C)
Reinvestment of the policy done
clear
D)
Negotiation of the policy done
clear
E)
Nomination of the policy done
clear
View Solution play_arrow
-
question_answer21)
Banking Ombudsman Scheme is applicable to the business of _____. [IBPS 2012]
A)
All scheduled commercial banks excluding RRBs done
clear
B)
All scheduled commercial banks including RRBs done
clear
C)
Only Public Sector Banks done
clear
D)
All Banking Companies done
clear
E)
All scheduled banks except private banks done
clear
View Solution play_arrow
-
question_answer22)
Banking Ombudsman is appointed by ________. [SBI Bank 2013]
A)
Government of India done
clear
B)
State Governments done
clear
C)
RBI done
clear
D)
ECGC done
clear
E)
Exim Bank done
clear
View Solution play_arrow
-
question_answer23)
Which of the following is a receipt listed in India and traded in rupees declaring ownership of shares of a foreign company? (IBPS 2013)
A)
Indian Depository Receipt (IDR) done
clear
B)
European Depository Receipt (EDR) done
clear
C)
Global Depository Receipt (GDR) done
clear
D)
American Depository Receipt (ADR) done
clear
E)
Luxemburg Depository Receipt (LDR) done
clear
View Solution play_arrow
-
question_answer24)
Which of the following is an investment advisory discipline? (IBPS 2013)
A)
Corporate Industrial Finance done
clear
B)
Off share Banking done
clear
C)
Wholesale Banking done
clear
D)
Wealth Management done
clear
E)
Trade Finance done
clear
View Solution play_arrow
-
question_answer25)
The government of India has announced a 'funding for lending' scheme. Who are the beneficiaries for this scheme? (IBPS 2013)
A)
Commercial Banks done
clear
B)
Regional Rural Banks done
clear
C)
Micro-finance Institutions done
clear
D)
Finance Departments of the State Governments done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer26)
Which of the following services relate to execution of transactions directly with consumers, rather than corporations or other banks? (IBPS 2013)
A)
Wholesale Banking Services done
clear
B)
Industrial Banking Services done
clear
C)
Investment Banking Services done
clear
D)
Corporate Banking Services done
clear
E)
Retail Banking Services done
clear
View Solution play_arrow
-
question_answer27)
What is the full for of CBS? (IBPS 2014)
A)
Customer Bond Solution done
clear
B)
Core banking System done
clear
C)
Core Banking Solution done
clear
D)
Customer Bond system done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer28)
The Bank should comply and intimate the compliance of Award to Ombudsman? (IBFS 2014)
A)
Within Two Months done
clear
B)
Within 3 months done
clear
C)
Within one month done
clear
D)
Within one year done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer29)
What is the minimum capital required for foreign bank to open branch in India? (IBPS 2014)
A)
400 Crore done
clear
B)
450 Crore done
clear
C)
500 Crore done
clear
D)
550 Crore done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer30)
Which of the following commercial banks of India recently opened its branch in Shanghai? (SBI 2014)
A)
State Bank of India done
clear
B)
Axis Bank done
clear
C)
ICICI Bank done
clear
D)
Oriental Bank of Commerce done
clear
E)
Corporation Bank done
clear
View Solution play_arrow
-
question_answer31)
Punjab National Bank is an Indian Financial Services company based in which city? (IBPS 2015)
A)
New Delhi done
clear
B)
Mumbai done
clear
C)
Chandigarh done
clear
D)
Jaipur done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer32)
Bank to every Indian is a tag line for which bank? (IBPS 2015)
A)
ICICI Bank done
clear
B)
SBI done
clear
C)
IOB done
clear
D)
HDFC Bank done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer33)
Which banks have been designated as Domestic Systemically Important Banks (D-SIBs)? (SBI 2015)
A)
ICICI & SBI done
clear
B)
PNB & SBI done
clear
C)
HDFC & SBI done
clear
D)
ICICI & PNB done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer34)
What is the full form of NBFC as used in the financial sector? (SBI 2015)
A)
New Banking Finance Company done
clear
B)
National Banking & Finance Corporation done
clear
C)
Non Business Fund Company done
clear
D)
New Business Finance & Credit done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer35)
Where is BIS (Bank for International Settlements) located? (SBI 2015)
A)
Switzerland done
clear
B)
USA done
clear
C)
UK done
clear
D)
India done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer36)
Federal Reserve is the Central Bank of which country? (SBI 2015)
A)
France done
clear
B)
China done
clear
C)
Germany done
clear
D)
United States of America done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer37)
Many a times, we read about Special Drawing Right (SDR) in newspapers. As per its definition, SDR is a monetary unit of the reserve assets of which of the following organizations/agencies? (SBI 2015)
A)
World Bank done
clear
B)
International Monetary Funds (IMF) done
clear
C)
Asian Development Bank done
clear
D)
Reserve Bank of India done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer38)
Corporation Bank is a public sector banking company headquartered in..........? (SBI Main 2016)
A)
Kolkata done
clear
B)
Mangalore done
clear
C)
Chennai done
clear
D)
Bengaluru done
clear
E)
Mumbai done
clear
View Solution play_arrow
-
question_answer39)
Grama Vidiyal Microfinance, a Trichy- based microfinance company has acquired by which among the following Banks? (SBI Main 2016)
A)
Punjab National Bank done
clear
B)
Bandhan Bank done
clear
C)
ICICI Bank done
clear
D)
State Bank of India done
clear
E)
IDFC Bank done
clear
View Solution play_arrow
-
question_answer40)
Payments banks are a new model of banks conceptualized by the Reserve Bank of India (RBI). These banks can accept a restricted deposit which is currently limited to INR 1 lakh per customer account. How much amount minimum capital has requirement for Payments banks? (SBI 2016)
A)
Rs. 1 crore done
clear
B)
Rs. 50 crore done
clear
C)
Rs. 1000 crore done
clear
D)
Rs. 500 crore done
clear
E)
Rs. 100 crore done
clear
View Solution play_arrow
-
question_answer41)
The Reserve Bank of India (RBI) has released the Report of the Internal Working Group (IWG) on Rationalisation of Branch Authorisation Policy. The Group is chaired by........,...? (SBI 2016)
A)
Bibek Debroy done
clear
B)
Madhukar Gupta done
clear
C)
NR Nagendra done
clear
D)
Ratan PWatal done
clear
E)
Lily Vadera done
clear
View Solution play_arrow
-
question_answer42)
Which of the following does not fall into the functions of Payments Banks? (IBPS 2016)
A)
acceptance of demand deposits done
clear
B)
Internet banking done
clear
C)
remittance services done
clear
D)
lending services done
clear
E)
Sell mutual funds, insurance and pension products done
clear
View Solution play_arrow
-
question_answer43)
Which of the following is the first micro finance company to start operation as a commercial bank? (IBPS 2016)
A)
Oriental Bank of Commerce done
clear
B)
State Bank of India done
clear
C)
Reserve Bank of India done
clear
D)
Punjab National Bank done
clear
E)
Bandhan Bank done
clear
View Solution play_arrow
-
question_answer44)
Web based complaints redressal system 'SCORES' is launched by which of the following organizations/agencies? (SBI2016)
A)
Ministry of Corporate Affairs done
clear
B)
SEBI done
clear
C)
RBI done
clear
D)
State Bank of India done
clear
E)
IBA done
clear
View Solution play_arrow
-
question_answer45)
Which of the following is not a Public Sector Bank? (SBI 2016)
A)
Corporation Bank done
clear
B)
United Bank of India done
clear
C)
Vijaya Bank done
clear
D)
Bank of Maharashtra done
clear
E)
Federal Bank done
clear
View Solution play_arrow
-
question_answer46)
A bank without any branch network that offers its services remotely through online banking, telephone/mobile banking and interbank ATM network alliances is known as (IBPS 2013)
A)
Universal Banking done
clear
B)
Indirect Bank done
clear
C)
Door Step Bank done
clear
D)
Direct Bank done
clear
E)
Unit Banking done
clear
View Solution play_arrow
-
question_answer47)
Which of the following is an investment advisory discipline? (IBPS 2013)
A)
Corporate Industrial Finance done
clear
B)
Off share Banking done
clear
C)
Wholesale Banking done
clear
D)
Wealth Management done
clear
E)
Trade Finance done
clear
View Solution play_arrow
-
question_answer48)
The government of India has announced a 'funding for lending' scheme. Who are the beneficiaries for this scheme? (IBPS 2013)
A)
Commercial Banks done
clear
B)
Regional Rural Banks done
clear
C)
Micro-finance Institutions done
clear
D)
Finance Departments of the State Governments done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer49)
The seed capital of Bhartiya Mahila Bank is (IBPS 2016)
A)
Rs. 2000 crore done
clear
B)
Rs. 1000 crore done
clear
C)
Rs. 4000 crore done
clear
D)
Rs. 3000 crore done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer50)
Which of the following correctly explains the situations of Credit Risk? (IBPS 2016)
A)
A business or consumer does not pay a trade invoice when due done
clear
B)
A business does not pay an employee's earned wages when due done
clear
C)
An insolvent insurance company does not pay a policy obligation done
clear
D)
A consumer fails to make a payment due on a mortgage done
clear
E)
All of these done
clear
View Solution play_arrow
-
question_answer51)
According to a recent Reserve Bank's Instructions on banking matters. Banks cannot accept interest free deposits other than in (IBPS 2016)
A)
Demand deposit account done
clear
B)
Term deposit account done
clear
C)
Current account done
clear
D)
Both [a] and [b] done
clear
E)
None of these done
clear
View Solution play_arrow
-
question_answer52)
What does the letter 'L' stands for in the term LAP commonly used in financial/ economic news? (SBI 2016)
A)
Liquidity done
clear
B)
Least done
clear
C)
Liabilities done
clear
D)
Long done
clear
E)
Liquid done
clear
View Solution play_arrow
-
question_answer53)
Which bank has launched India's G-Secs facility to retail customers via ATMs? (SBI2016)
A)
IDBI done
clear
B)
ICICI done
clear
C)
SBI done
clear
D)
HDFC done
clear
E)
Federal Bank done
clear
View Solution play_arrow