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question_answer1)
Which of the following banking concepts emphasizes on the delivery of banking services at an affordable cost?
A)
Social Banking done
clear
B)
Mass Banking done
clear
C)
Financial Inclusion done
clear
D)
None of these done
clear
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question_answer2)
Financial inclusion creates a platform for
A)
money saving done
clear
B)
providing formal credit avenues done
clear
C)
promoting transparency in public subsidies and welfare programmes done
clear
D)
All of the above done
clear
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question_answer3)
Which of the following promote(s) financial inclusion?
A)
Business correspondent mechanism done
clear
B)
No-frills accounts done
clear
C)
Lead Bank Schemes done
clear
D)
All of the above done
clear
E)
None of these done
clear
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question_answer4)
Which of the following types of bank accounts provides a low-cost access to customers?
A)
No-frills accounts done
clear
B)
Savings account done
clear
C)
Current Accounts done
clear
D)
Both [b] and [c] done
clear
E)
None of these done
clear
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question_answer5)
Cheque book can be issued on a Kisan Credit Card Account if the loan amount is above
A)
Rs. 25,000 done
clear
B)
Rs. 50,000 done
clear
C)
Rs. 1,00,000 done
clear
D)
Rs. 75,000 done
clear
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question_answer6)
With reference to India, consider the following
1. Lead Bank Scheme |
2. No-frills accounts |
3. Differential Rate of Interest scheme |
4. Teaser loans |
Which of the above can be considered as steps taken to achieve "financial inclusion" in India?
A)
1, 3, 4 done
clear
B)
2, 3, 4 done
clear
C)
3, 4 done
clear
D)
All of the above done
clear
E)
None of these done
clear
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question_answer7)
Which of the following cities was/were exempted from the Lead Bank Scheme?
A)
Delhi done
clear
B)
Mumbai done
clear
C)
Varanasi done
clear
D)
both [a] and [b] done
clear
E)
None of these done
clear
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question_answer8)
Which of the following statements is/are correct about Local Area Banks?
I. They will be allowed to perform all functions of a scheduled commercial bank. |
II. They are likely to have a capital adequacy ratio higher than 15% to offset business risk. |
A)
I only done
clear
B)
II only done
clear
C)
Both I and II done
clear
D)
None of these done
clear
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question_answer9)
Which of the following statements is/are correct about Swabhiman scheme?
I. It focuses on the opening of bank accounts in rural areas. |
II. Banks to operate in areas with population of more than 1600 in plain areas and 1000 in north-eastern and hilly states. |
A)
I only done
clear
B)
II only done
clear
C)
Both I and II done
clear
D)
None of these done
clear
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question_answer10)
Which of the following sectors is/are eligible for Interest Subvention Scheme?
A)
Textile done
clear
B)
Automobile done
clear
C)
Agriculture done
clear
D)
Both [a] and [c] done
clear
E)
None of these done
clear
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question_answer11)
Priority sector lending focuses on which of the following sectors?
A)
Education done
clear
B)
Agriculture done
clear
C)
Small scale industries done
clear
D)
All of the above done
clear
E)
None of these done
clear
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question_answer12)
What amount can be availed as housing loans in metro cities under priority sector lending?
A)
Rs. 28 lakh done
clear
B)
Rs. 20 lakh done
clear
C)
Rs. 15 lakh done
clear
D)
Rs. 10 lakh done
clear
E)
None of these done
clear
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question_answer13)
Which of the following programmes aims at promoting savings among rural women?
A)
Rashtriya Mahila Kosh done
clear
B)
Mahila Samriddhi Yojna done
clear
C)
Indira Manila Ypjna done
clear
D)
Jawahar Rozgar Yojna done
clear
E)
None of these done
clear
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question_answer14)
Which of the following is not a feature of the Pradhan Mantri Jan Dhan Yojana?
A)
No provision of minimum balance accounts done
clear
B)
Accidental insurance cover of Rs. 3 lakh done
clear
C)
Issuance of RuPay debit cards done
clear
D)
All of the above done
clear
E)
None of these done
clear
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question_answer15)
What is the full form of NUUP?
A)
National Unique USSD Platform done
clear
B)
National Unified USSD Platform done
clear
C)
National Uniform USSD Platform done
clear
D)
National Umbrella USSD Platform done
clear
E)
None of these done
clear
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question_answer16)
Which of the following statements is/are correct about Basic Savings Bank Deposit Account?
I. It has been introduced by RBI with an aim to promote financial inclusion. |
II. It allows opening of a bank account with Rs. 500 as minimum balance. |
III. All the existing 'No-frills' accounts opened by the banks are converted into BSBDA. |
A)
I only done
clear
B)
I and III done
clear
C)
II and III done
clear
D)
I, II and III done
clear
E)
None of these done
clear
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question_answer17)
Khan Commission was set up in 2004 to
A)
review monetary policy done
clear
B)
introduce loan schemes done
clear
C)
prepare report on financial inclusion done
clear
D)
review the financial status of public sector banks done
clear
E)
None of these done
clear
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question_answer18)
Committee on Financial Inclusion headed by Dr. C. Rangarajan was set up in
A)
2004 done
clear
B)
2006 done
clear
C)
2009 done
clear
D)
2002 done
clear
E)
None of these done
clear
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question_answer19)
Which of the following committees suggested initiatives on Medium-term Path on Financial Inclusion?
A)
R. Gandhi Committee done
clear
B)
Deepak Mohanty Committee done
clear
C)
Usha Thorat Committee done
clear
D)
Nachiket Mor Committee done
clear
E)
None of these done
clear
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question_answer20)
According to Nachiket Mor Committee, every adult should have bank account by
A)
2016 done
clear
B)
2017 done
clear
C)
2018 done
clear
D)
2020 done
clear
E)
None of these done
clear
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question_answer21)
What is/are the main reason(s) for the lack of financial inclusion in India?
A)
Inability to provide collateral security done
clear
B)
Poor credit absorption capacity done
clear
C)
Inadequate reach of the institutions done
clear
D)
All of the above done
clear
E)
None of these done
clear
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question_answer22)
Which of the following statements is/are correct about National Rural Financial Inclusion Plan?
I. It focuses on providing credit to at least 50% of financially excluded households. |
II. Commercial Banks and Regional Rural Banks have been selected for the implementation of the plan. |
A)
I only done
clear
B)
II only done
clear
C)
Both I and II done
clear
D)
None of these done
clear
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question_answer23)
How many 'Basic Savings Bank Deposit Accounts (BSBDA)' can be opened by an individual?
A)
One done
clear
B)
Three done
clear
C)
Two done
clear
D)
Four done
clear
E)
None of these done
clear
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question_answer24)
Which of the following is promoted through National Unified USSD Platform?
A)
Mobile banking done
clear
B)
Net banking done
clear
C)
Credit cards distribution done
clear
D)
Cyber security done
clear
E)
None of these done
clear
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question_answer25)
Which of the following is/are eligible for priority sector lending in the agricultural sector?
A)
Farm credit done
clear
B)
Agriculture infrastructure done
clear
C)
Ancillary activities done
clear
D)
All of the above done
clear
E)
None of these done
clear
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question_answer26)
Kisan Credit Cards are an effective way of reaching out to the farmers by the banks. What assistance does a farmer receive in this way?
A)
Credit facility for crops against an approved limit done
clear
B)
Short-term credit facility against value of his crops done
clear
C)
Long-term credit is provided against his land holdings done
clear
D)
Loan is permissible against crops sold/ but payment yet to be received by the farmer done
clear
E)
None of these done
clear
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question_answer27)
Which of the following made the initial contribution for setting up Financial Inclusion Fund and Financial Inclusion Technology Fund?
A)
Government of India, NABARD and RBI done
clear
B)
NABARD, UTI and RBI done
clear
C)
SIDBL Government of India and IDBI Bank done
clear
D)
SIDBI, NABARD and UTI done
clear
E)
None of these done
clear
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question_answer28)
Which of the following statements is/are correct about Aadhar Payment Bridge?
I. It ensures financial inclusion. |
II. It aims at credit disbursements based on UID number. |
A)
I only done
clear
B)
II only done
clear
C)
Both I and II done
clear
D)
None of these done
clear
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question_answer29)
Which of the following was/were recommended by the Nachiket Mor Committee?
I. Providing a universal bank account to all Indians above the age of 18 years by January 1, 2016 |
II. Establishing wholesale banks for credit outreach |
III. Adjusting 50 per cent priority sector lending target with adjustments for sectors and regions based on difficulty in lending |
IV. Allowing differentiated licensees for banks |
A)
II only done
clear
B)
I and IV done
clear
C)
I, II and III done
clear
D)
I, II, III and IV done
clear
E)
None of these done
clear
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question_answer30)
Which of the following is impacted by life cover to GDP ratio?
A)
Meaningful Financial Inclusion done
clear
B)
Loan Disbursement done
clear
C)
Inflation done
clear
D)
Deflation done
clear
E)
None of these done
clear
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question_answer31)
In financial inclusion, business correspondent scheme is also a part of it. Which of the following services is/are provided by the business correspondent scheme?
A)
Disbursal of small credit only done
clear
B)
Cash deposit done
clear
C)
Recovery of loan done
clear
D)
All of the above done
clear
E)
None of these done
clear
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question_answer32)
Which of the following committees has given its recommendations on financial inclusions?
A)
Rakesh Mohan committee done
clear
B)
Rangarajan committee done
clear
C)
Sinha committee done
clear
D)
Gadgil committee done
clear
E)
None of these done
clear
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question_answer33)
Which of the following policies of the financial sectors is basically designed to transfer local financial assets into foreign assets freely at market determined exchange rates?
A)
Capital account convertibility done
clear
B)
Financial deficit management done
clear
C)
Minimum support price done
clear
D)
Restrictive trade practices done
clear
E)
None of these done
clear
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question_answer34)
Which of the following efforts fall under Financial Inclusion Plan (FIP) of RBI/ government?
A)
Nationalization of banks done
clear
B)
Priority Sector Lending (PSL) targets done
clear
C)
Zero balance accounts, like BSBDA, Jan-Dhan Account, Small Account done
clear
D)
All of the above done
clear
E)
None of these done
clear
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question_answer35)
According to the new proposal on priority sector lending, what sub-target is to be created for Micro Enterprises in India?
A)
7% done
clear
B)
7.5% done
clear
C)
8% done
clear
D)
8.5% done
clear
E)
None of these done
clear
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question_answer36)
Which of the following committees recommended religion and caste as new below poverty line (BPL) criteria?
A)
N C Saxena Committee done
clear
B)
C Rangarajan Committee done
clear
C)
Kelkar Committee done
clear
D)
All of the above done
clear
E)
None of these done
clear
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question_answer37)
RBI encourages provision of affordable financial services like
A)
zero-balance done
clear
B)
no-frills bank accounts done
clear
C)
access to payments and remittance facilities done
clear
D)
All of the above done
clear
E)
None of these done
clear
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question_answer38)
The Reserve Bank of India established which of the following boards to encourage transparency in lending and fair pricing
A)
Securities and Exchange Board of India done
clear
B)
Lending Standards Board done
clear
C)
Banking Codes and Standards Board of India done
clear
D)
Banks Board Bureau done
clear
E)
None of these done
clear
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question_answer39)
Loans of very small amounts given to low income groups are called
A)
Cash credit done
clear
B)
Simple overdraft done
clear
C)
No-frills loans done
clear
D)
All of the above done
clear
E)
None of these done
clear
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question_answer40)
Which of the following focus areas is monitored by the Bank Board Bureau?
A)
Forming strict norms to stop NPA done
clear
B)
Implementation of BASEL norms on banking done
clear
C)
Appointment of top bank personal done
clear
D)
Attract financial inclusion plan done
clear
E)
None of these done
clear
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