-
question_answer1)
Which of the following statements is true?
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 done
clear
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question_answer2)
Interest payable on saving bank account is ?
A)
Not regulated by RBI done
clear
B)
Regulated by state government done
clear
C)
Regulated by central government done
clear
D)
Regulated by RBI done
clear
E)
Regulated by Finance which of the following is a correct statement? done
clear
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question_answer3)
State Bank of India is the sole authority to issue and manage currency in India. [IBPS RO. 2011]
A)
A nationalized bank is the sole authority to issue and manage currency in India done
clear
B)
A nationalization bank is the sole authorized tom issues and manage currency in India done
clear
C)
A Co-operative bank is the sole authority to issue and manage currency in India done
clear
D)
RBI is the sole authority to issue and manage currency in India done
clear
E)
None of these done
clear
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question_answer4)
Accounts are allowed to be operated by cheques in respect of? [IBPS RO. 2011]
A)
Both savings bank accounts and fixed deposit accounts done
clear
B)
Saving bank accounts and current accounts done
clear
C)
Both saving bank accounts and loan accounts done
clear
D)
Both saving bank accounts and cash accounts only done
clear
E)
Both current accounts and fixed deposits accounts done
clear
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question_answer5)
Which of the following is a correct statement?
A)
Normally no interest is paid on current deposit accounts done
clear
B)
Interest is paid on current accounts at the same rate as term deposit accounts done
clear
C)
The rate of interest on current account and savings account are the same done
clear
D)
No interest is paid on any deposit by the bank done
clear
E)
Saving deposits are the same as current deposits done
clear
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question_answer6)
The usual deposit accounts of bank are ?
A)
Current accounts, electricity accounts and insurance premium accounts done
clear
B)
Current accounts, post office savings bank accounts and term deposit accounts done
clear
C)
Loan accounts, saving bank accounts and term deposits accounts done
clear
D)
Current accounts, saving bank accounts and term deposit accounts done
clear
E)
Current bill accounts and term deposit accounts done
clear
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question_answer7)
Fixed deposits and recurring deposits are? [IBPSRO. 2011]
A)
Repayable after an agreed period done
clear
B)
Repayable on demand done
clear
C)
Not repayable done
clear
D)
Repayable after death of depositors done
clear
E)
Repayable on demand or after an agreed period as per banks choices done
clear
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question_answer8)
Financial inclusion means provision of ? [IBPS RO. 2011]
A)
Financial services, namely, payments, remittances, savings, loans and insurance at affordable cost to persons not yet given the same done
clear
B)
Ration at affordable cost to persons not yet given the same done
clear
C)
House at affordable cost to persons not yet given the same done
clear
D)
Food at affordable cost to persons not yet given the same done
clear
E)
Education at affordable cost to persons not yet given the same done
clear
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question_answer9)
Which of the following is known as cross-selling by Banks? [IBPS RO. 2011]
A)
Sale of a debit card to a credit card holder done
clear
B)
Sale of insurance policy to a depositor done
clear
C)
Issuance of cash against cheque presented by a third party (a) only (A) (b) only (B) (c) only C done
clear
D)
Both A and C done
clear
E)
All A, B and C done
clear
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question_answer10)
Which of the following states became the first state in the country to launch RBFs e-payment system for commercial tax payers? [IBPS RO, 2011]
A)
Andhra Pradesh done
clear
B)
Kerala done
clear
C)
Gujarat done
clear
D)
Maharashtra done
clear
E)
Karnataka done
clear
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question_answer11)
When a bank returns a cheque unpaid, it is called? [IBPS P.O. 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
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question_answer12)
Mortgage is a ? [IBPSE0.2011]
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
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question_answer13)
Which of the following types of accounts are known as "Demat Accounts?
A)
Accounts which are zero balance Accounts done
clear
B)
Accounts which are opened to facilitate repayment of a loan taken from the bank. No other business can be conducted from there done
clear
C)
Accounts in which shares of various companies are traded I electronic form done
clear
D)
Accounts which are operated through internet banking facilities done
clear
E)
None of these done
clear
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question_answer14)
Upper limit prescribed for RTGS transaction is ?
A)
1 lakh done
clear
B)
2 lakh done
clear
C)
5 lakh done
clear
D)
50 lakh done
clear
E)
No upper limit is prescribed done
clear
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question_answer15)
Distribution of insurance products and insurance policies by banks as corporate agents is known as? [IBPS PO 2011]
A)
General insurance done
clear
B)
Non-life insurance done
clear
C)
Banc assurance done
clear
D)
Insurance banking done
clear
E)
Deposit insurance done
clear
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question_answer16)
Interest on saving bank account is now calculated by banks on ? [IBPS PO 2011]
A)
Minimum balance during the month done
clear
B)
Minimum balance from 7th to last day of the month done
clear
C)
Minimum balance from 10th to last day of the month done
clear
D)
Maximum balance during the month done
clear
E)
Daily product basis done
clear
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question_answer17)
A centralized database with online connectivity to branches, internet as well as ATM network which has been adopted by almost all major banks of our country is known as ?
A)
Investment banking done
clear
B)
Core banking done
clear
C)
Mobile banking done
clear
D)
National banking done
clear
E)
Specialised banking done
clear
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question_answer18)
With a view to facilitating payment of balance in the deposit account to the person named by the depositor without any hassles in the event of death of the account holder, the following facility was introduced for bank accounts in our country? [IBPS PO, 2011]
A)
Will done
clear
B)
Registration done
clear
C)
Nomination done
clear
D)
Indemnity done
clear
E)
Guarantee done
clear
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question_answer19)
Banks in our country normally publicize that additional interest rate is allowed on retail domestic term deposits of ? [BFSEO 02011]
A)
Minors done
clear
B)
Married women done
clear
C)
Senior citizens done
clear
D)
Govt employer done
clear
E)
Rural residents done
clear
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question_answer20)
Largest shareholder of a nationalized bank is ? [IBA IBPSRO. 2011]
A)
RBI done
clear
B)
NABARD done
clear
C)
LIC done
clear
D)
Govt. of India done
clear
E)
A money deposited in a bank that cannot be withdrawn for a present done
clear
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question_answer21)
Fixed period of time is known as a ? [IBPS, RO. 2012]
A)
Term deposit done
clear
B)
Checking account done
clear
C)
Saving bank deposit done
clear
D)
No frills account done
clear
E)
Current deposit done
clear
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question_answer22)
A worldwide financial messaging network which exchange message between banks and financial institutions is known as ?
A)
CHAPS done
clear
B)
SWIFT done
clear
C)
NEFT done
clear
D)
SFMS done
clear
E)
CHIPS done
clear
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question_answer23)
The term "Smart Money" refers to ? [IBPS P.O. 2012]
A)
Foreign currency done
clear
B)
Internet banking done
clear
C)
US Dollars done
clear
D)
Travelers cheques done
clear
E)
Credit cards done
clear
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question_answer24)
Which of the following is a retail banking product? [IBPS P.O. 2012]
A)
Home loans done
clear
B)
Working capital finance done
clear
C)
Corporate term loans done
clear
D)
Infrastructure financing done
clear
E)
Export credit done
clear
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question_answer25)
Technological advancement in recent times has given a new dimension to banks, mainly to which of the following aspects? [IBPS, PO 2012]
A)
New age financial derivatives done
clear
B)
Service delivery Mechanism done
clear
C)
Any banking done
clear
D)
Any type banking done
clear
E)
Multilevel Marketing done
clear
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question_answer26)
Which of the following is not a function of the RBI? [IBPSRO. 2012]
A)
Fiscal policy functions done
clear
B)
Exchange control functions done
clear
C)
Issuance, Exchange and destruction of currency notes done
clear
D)
Monetary Authority functions done
clear
E)
Supervisory and control functions done
clear
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question_answer27)
Which of the following is not required for opening a bank account? [IBPSRO. 2012]
A)
Identity proof done
clear
B)
Address proof done
clear
C)
Recent photographs done
clear
D)
Domicile certificate done
clear
E)
None of these done
clear
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question_answer28)
What is the maximum deposit amount insured by DICGC? [IBPS P.O. 2012]
A)
2, 00,000 per depositor per bank done
clear
B)
2, 00, 00 per depositor across all bank done
clear
C)
1, 00,000 per depositor per bank done
clear
D)
1, 00,000 per depositor across all bank done
clear
E)
None of these done
clear
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question_answer29)
With reference to a cheque, which of the following is the "drawer bank"? [IBPS P.O. 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
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question_answer30)
In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction? [IBPS P.O. 2012]
A)
RTGS done
clear
B)
NEFT done
clear
C)
TT done
clear
D)
EFT done
clear
E)
MT done
clear
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question_answer31)
Banking ombudsman scheme is applicable to the business of ? [IBJOP.O.22012]
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
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question_answer32)
Nationalizations of banks aimed at all of the following except
A)
Provision of adequate credit for agriculture, SME and exports done
clear
B)
Removal of control by a few capitalists done
clear
C)
Provision of credit to big industries only done
clear
D)
Access of banking to masses done
clear
E)
Encouragement of a new class of entrepreneurs done
clear
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question_answer33)
As per revised RBI guidelines provision on secured portion of loan accounts classified as Doubtful Assets for more than one year and unto 3 years is to be made at the rate of ? [IBPS, PO, 2012]
A)
15% done
clear
B)
20% done
clear
C)
40% done
clear
D)
25% done
clear
E)
30% done
clear
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question_answer34)
Base rate is the rate below which no bank can allow their lending to anyone who sets up this "Base Rate" for Banks?
A)
Individual Bank's Board done
clear
B)
Ministry of commerce done
clear
C)
Ministry of Finance done
clear
D)
RBI done
clear
E)
Interest Rate commission of India done
clear
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question_answer35)
What is a "Debit Card? [IBPS. PO. 2012]
A)
It is a card issued by a Rating Agency done
clear
B)
It is card which can be used for withdrawing cash or making payment even in the absence of any balance in the account done
clear
C)
It is a can be used for withdrawing cash or making payment if there is balance in the account done
clear
D)
It is a card which carries prepaid balance done
clear
E)
If is card which can be used for making STD call done
clear
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question_answer36)
Bad advances of a bank are called ? [IBPS. PO. 2012]
A)
Bad debt done
clear
B)
Book debt done
clear
C)
Non-performing asset done
clear
D)
Out of order accounts done
clear
E)
Over drawn accounts done
clear
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question_answer37)
AXIS Bank is a ? [IBPS EO. 2012]
A)
Public Sector Bank done
clear
B)
Private sector Bank done
clear
C)
Co-operative Bank done
clear
D)
Foreign Bank done
clear
E)
Gramin Bank done
clear
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question_answer38)
By increasing repo rate, the economy may observe the following effects ? [IBPS PO. 2012]
A)
Rate of interests on loans and advances will be costlier done
clear
B)
Industrial output would be affected to an extent done
clear
C)
Banks will increase rate of interest on deposits done
clear
D)
Industry houses may borrow money from foreign countries done
clear
E)
All of these done
clear
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question_answer39)
Finance ministry has asked the RBI to allow common ATMs that will be owned and managed by non-banking entities, hoping to cut transaction Costs for banks. Such ATMs are known as ? [IBPS P.O. 2012]
A)
Black Label ATMs done
clear
B)
Offsite ATMs done
clear
C)
On-site ATM's or Red ATMs done
clear
D)
Third party ATMs done
clear
E)
White Label ATMs done
clear
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question_answer40)
An ECS transaction gets bounced and you are unable to recover you money from your customer under which act can criminal action be initiated? [IBPSE0.2012]
A)
Indian penal code done
clear
B)
Negotiable instrument act done
clear
C)
Criminal procedure done
clear
D)
Payment and settlement act done
clear
E)
Indian contract act done
clear
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question_answer41)
Rajendra had filed a complaint with banking ombudsman but is not satisfied with the decision. What is the next option before him for getting his matter resolved?
A)
Write to the CMD of the Bank done
clear
B)
File an appeal before the Finance Minister done
clear
C)
File an appeal before the Banking ombudsman again done
clear
D)
File an appeal before the Dy. Governor of RBI done
clear
E)
Simply close the matter as going to court involves time and money done
clear
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question_answer42)
The RBI does not decide the? [SBI Clerk 2012]
A)
Rate of Repo and Reverse Repo done
clear
B)
Marginal standing facility rates done
clear
C)
Bank rates done
clear
D)
Rate of Dearness allowance to govt. employees done
clear
E)
SLR done
clear
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question_answer43)
What does the letter 'P? denote in term PAN as used in financial transaction? [SBI Clerk, 2012]
A)
Primary done
clear
B)
Partial done
clear
C)
Permanent done
clear
D)
Provisional done
clear
E)
Public done
clear
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question_answer44)
Which of the following terms is not used in banking & finance? [SBI Clerk 2012]
A)
Public debt done
clear
B)
Plasma done
clear
C)
Joint venture done
clear
D)
Net demand Time liability done
clear
E)
Treasury Bill done
clear
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question_answer45)
General clients of various banks in India can make a complaint to which of the following offices, on the issues related to deficiency in services which do not get resolved at bank's level?
A)
Comptroller and Auditor General of India CAG) done
clear
B)
Attorney General of India done
clear
C)
Ombudsman done
clear
D)
Indian Audit Bureau done
clear
E)
Indian Bank's Association done
clear
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question_answer46)
What is the statutory liquidity Ratio (SIR) at present? [SBI Clerk 2012]
A)
20% done
clear
B)
22% done
clear
C)
25% done
clear
D)
24% done
clear
E)
None of these done
clear
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question_answer47)
Which of the following is one of the major functions of National Bank for Agriculture and Rural Development (NABARD? [SBI Clerk 2012]
A)
Provide loans to state govt for developing rural infrastructure done
clear
B)
Preparing Monetary and credit policy of India done
clear
C)
Deciding Bank rate done
clear
D)
Providing credit to small industrial units done
clear
E)
Monitoring and controlling functions of the stock exchanges in India done
clear
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question_answer48)
We come across the term TPP" in financial news now days. What does ?PPP? represent?
A)
Personal precipitate power done
clear
B)
Private public partnership done
clear
C)
Per capita potential for purchases done
clear
D)
Present purchasing power done
clear
E)
Pure purchase parity done
clear
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question_answer49)
Many times we read the term "ECB" in newspapers. What is the full form of ECB?
A)
Essential commercial Banking done
clear
B)
European credit borrowing done
clear
C)
External credit for Business done
clear
D)
External commercial borrowing done
clear
E)
None of these done
clear
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question_answer50)
What is meant by financial inclusion? [IBPS RRB Officer 2012]
A)
Making available banking services at an affordable cost done
clear
B)
Opening saving accounts in rural areas without any deposit done
clear
C)
Opening any type of account -without introduction done
clear
D)
Distributing money through rural branches done
clear
E)
Distributing wages through bank accounts done
clear
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question_answer51)
Who is the regulatory authority for insurance business in India?
A)
RBI done
clear
B)
IRDP done
clear
C)
SEBI done
clear
D)
NABARD done
clear
E)
IRDA done
clear
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question_answer52)
What is money laundering? [BSF RRB Officer 2012]
A)
Conversion of assets into cash done
clear
B)
Conversion of illegally obtained money into accountable money done
clear
C)
Conversion of cash into gold done
clear
D)
Conversion of gold into cash done
clear
E)
None of these done
clear
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question_answer53)
Regional Rural Banks? [IBPS RRB Officer- 2012]
A)
Have limited area of operation and access to refinance from NABARD done
clear
B)
Are required to lend only to weaker sections done
clear
C)
Are mandated to do only narrow banking done
clear
D)
Can only extend agricultural loans done
clear
E)
Have unrestricted area of operations done
clear
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question_answer54)
What is the full form of the term FDI? [IBPS RRB O.A. 2012]
A)
Foreign Direct investment done
clear
B)
Foreign diverse investment done
clear
C)
Fixed deposit investment done
clear
D)
Floating deposit investment done
clear
E)
Financial derivatives in India done
clear
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question_answer55)
The erstwhile UTI Bank is presently known as ? [IBPS RRB Of officer 2012]
A)
ING Vysya Bank done
clear
B)
Yes Bank done
clear
C)
Indusland Bank done
clear
D)
Axis Bank done
clear
E)
IDBI Bank done
clear
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question_answer56)
Which of the following services is provided only by the RBI? [IBPSRRB O.A. 2012]
A)
Compilation of economic data done
clear
B)
Issue of currency notes done
clear
C)
Purchase and sale of gold/gold coins done
clear
D)
Sale of Demand Drafts done
clear
E)
Safe deposit lockers for keeping valuables done
clear
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question_answer57)
Which of the following committees/Task forces was set up to suggest reforms in banking sector? [ibps RRB O.A. 2012]
A)
Task force on infrastructure done
clear
B)
Narasimham committee done
clear
C)
Rayinder sachar committee done
clear
D)
Swaminathan committee done
clear
E)
None of these done
clear
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question_answer58)
Which of the following is decided by the RBI? [IBPS RRB O.A. 2012]
A)
Interest rate on time deposits done
clear
B)
Rent of safe deposit vaults done
clear
C)
Inflation rate done
clear
D)
Dearness Allowance to govt employee done
clear
E)
Cash Reserve Ratio done
clear
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question_answer59)
What does the letter "C? denote in the term CBS as used in banking operations? [IBPS RRB 0, A, 2012]
A)
Central done
clear
B)
Critical done
clear
C)
Commercial done
clear
D)
Core done
clear
E)
Capital done
clear
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question_answer60)
Which of the following term is not associated with banking/finance? [IBPS RRB O.A. 2012]
A)
RTGS done
clear
B)
SLR done
clear
C)
Repo Rate done
clear
D)
Credit done
clear
E)
LBW done
clear
View Solution play_arrow
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question_answer61)
The term "plastic Money" refers to ? [SBI Associate Clerk 2012]
A)
ATM / credit cards done
clear
B)
Plastic-wanted currency notes done
clear
C)
Foreign currency Notes done
clear
D)
Travelers cheque done
clear
E)
None of these done
clear
View Solution play_arrow
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question_answer62)
It is mandatory to quote which of the following identification number on all large-value financial transaction? [SBI Associate Clerk 2012]
A)
PAN done
clear
B)
Voter ID done
clear
C)
PIN done
clear
D)
Ration card number done
clear
E)
Phone number done
clear
View Solution play_arrow
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question_answer63)
The term "ATM" stands for ? [SBI Associate Clerk 2012]
A)
Alternate to Money done
clear
B)
Automated Transaction Machine done
clear
C)
Automated Toller Mechanism done
clear
D)
Automatic Teller Mode done
clear
E)
Automated Teller Machine done
clear
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question_answer64)
Which of the following is not a public sector bank? [SBI Associate Clerk 2012]
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
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question_answer65)
Monetary policy in India is formulated by ? [SSC, LDC, 2012]
A)
Finance Ministry done
clear
B)
RBI done
clear
C)
SEBI done
clear
D)
CLB done
clear
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question_answer66)
Which one of the following is an example of Non-Banking financial Institution? [SSCLDC2012]
A)
RBI done
clear
B)
SBI done
clear
C)
IOB done
clear
D)
LIC done
clear
View Solution play_arrow
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question_answer67)
NABARD was established on the recommendation of?
A)
Public account committee done
clear
B)
Shivaraman committee done
clear
C)
Narsimham committee done
clear
D)
None of these done
clear
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question_answer68)
Which bank in India performs the duties of a Central Bank?
A)
Central Bank of India done
clear
B)
State Bank of India done
clear
C)
RBI done
clear
D)
Both A and B done
clear
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question_answer69)
Indian money market is divided into three sectors/ namely organized sector, unorganized sector and cooperative sector. Call money market is the part of which of the following Organized sector Unorganized sector Cooperative sector
A)
Only (i) done
clear
B)
Only (ii) done
clear
C)
Only (iii) done
clear
D)
Only (i) and (ii) done
clear
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question_answer70)
Which of the following is not a measure to control inflation adopted by the government and or the RBI? (B.G.'M. 2009)
A)
Monetary policy done
clear
B)
Fiscal policy done
clear
C)
Financial inclusion done
clear
D)
Price control done
clear
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-
question_answer71)
An agreement, which in fact is a contract, between the RBI and Banks for the sale and repurchase of Govt. Securities and short term treasury bills at a future date and for which the RBI indicates "the interest rate" is generally known as?
A)
Repo rate done
clear
B)
Bank rate done
clear
C)
Reverse repo rate done
clear
D)
None of these done
clear
View Solution play_arrow
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question_answer72)
It is evident that the economic slowdown still continues to weigh on the performance of the banks in India. How is this affecting banks and/or general public?
A)
The number of bank account holders has gone down done
clear
B)
Inflation has reached a very high level done
clear
C)
The gross NPA of the listed banks has increased substantially. done
clear
D)
None of these. done
clear
View Solution play_arrow
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question_answer73)
Which of the following is / are considered a policy rate (s) in the hands of the RBI? (Corporation Bank PV 2012]
(i) Repo Rate |
(ii) SLR |
(iii) Inflation |
A)
Only (i) done
clear
B)
Only (ii) done
clear
C)
Only (iii) done
clear
D)
Only (i) and (ii) done
clear
View Solution play_arrow
-
question_answer74)
The rate on which banks borrow from the RBI is called- (PdS Bank PC'A,2012]
A)
SLR done
clear
B)
CRR done
clear
C)
Bank Rate done
clear
D)
Repo Rate done
clear
View Solution play_arrow
-
question_answer75)
Which of the following is not a function of banks? (Syndicate Bank PO 2010)
A)
Providing project finance done
clear
B)
Selling Mutual Funds done
clear
C)
Deciding policy rates likes CRR, Repo Rate, and SLR etc. done
clear
D)
All of these are functions of a bank done
clear
View Solution play_arrow
-
question_answer76)
A bank borrows money from the RBI on which of the following rates?
A)
Bank rate done
clear
B)
Repo Rate done
clear
C)
SLR done
clear
D)
CRR done
clear
View Solution play_arrow
-
question_answer77)
. Which of the following organizations / agencies controls the monetary policy of our country? (NABARD PO 2010)
A)
SBI done
clear
B)
Central Bank of India done
clear
C)
Indian Bank done
clear
D)
RBI done
clear
View Solution play_arrow
-
question_answer78)
Which of the following is the name of the organization created specifically to develop small scale industrial sector in our country? (NABARD PO 2010)
A)
NABARD done
clear
B)
SEBI done
clear
C)
SIDBI done
clear
D)
AMFI done
clear
View Solution play_arrow
-
question_answer79)
Which of the following organizations maintains the Rural Infrastructure Development Fund (RIDF)? (NABARD PO 2010)
A)
RBI done
clear
B)
NABARD done
clear
C)
SIDBI done
clear
D)
L I C done
clear
View Solution play_arrow
-
question_answer80)
Which of the following organizations agencies has specifically been set up to boost overall rural development in India?
A)
RBI done
clear
B)
SIDBI done
clear
C)
NABARD done
clear
D)
SEBI done
clear
View Solution play_arrow
-
question_answer81)
Which one of the following is not a function of the central bank in an economy? [SSC CPO 2011]
A)
Dealing with foreign exchange done
clear
B)
Controlling monetary policy done
clear
C)
Controlling government spending done
clear
D)
Acting as a banker's bank done
clear
View Solution play_arrow
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question_answer82)
The reserves held by commercial Bank over and above the statutory minimum with the RBI are Called? [SSC CCL 2011]
A)
Cash Reserves done
clear
B)
Deposit Reserves done
clear
C)
Excess Reserves done
clear
D)
Momentary Reserves done
clear
View Solution play_arrow
-
question_answer83)
Who is authorized to issue coins in India? [SSCCGL 2011]
A)
RBI done
clear
B)
Ministry of Finance done
clear
C)
SBI done
clear
D)
IOB done
clear
View Solution play_arrow
-
question_answer84)
Cheap money means? [SSC CPO 2010]
A)
Low rate of Interest done
clear
B)
Low level of savings done
clear
C)
Low level of Income done
clear
D)
Excess of black money done
clear
View Solution play_arrow
-
question_answer85)
The existence of a parallel economy of Black money? [SSC'SAS 2010]
A)
Makes the economy more competitive done
clear
B)
Makes the monetary policies less effective done
clear
C)
Ensure a better distribution on income and wealth done
clear
D)
Ensure increasing productive investment done
clear
View Solution play_arrow
-
question_answer86)
The monetary policy in India is formulated by? [SSC CGL 2010]
A)
Central government done
clear
B)
Industrial financial corporation of India done
clear
C)
RBI done
clear
D)
Industrial development of India done
clear
View Solution play_arrow
-
question_answer87)
A short term government security paper is called? [SSC CGL 2010]
A)
Share done
clear
B)
Debenture done
clear
C)
Mutual Fund done
clear
D)
Treasury bill done
clear
View Solution play_arrow
-
question_answer88)
The present Indian monetary system is based on? [SSC 'lax Assistant 2009]
A)
Gold Reserve system done
clear
B)
Proportional Reserve system done
clear
C)
Convertible Currency system done
clear
D)
Minimum Reserve system done
clear
View Solution play_arrow
-
question_answer89)
Open market operations of RBI refer to buying and selling of?
A)
Commercial bills done
clear
B)
Foreign exchange done
clear
C)
Gold done
clear
D)
Government bonds done
clear
View Solution play_arrow
-
question_answer90)
S.D.R. stands for? [SSC .L 2008]
A)
Special Dollar Rights done
clear
B)
Special Drawing Rights done
clear
C)
State Drawing Rights done
clear
D)
Specific Dollar Rights done
clear
View Solution play_arrow
-
question_answer91)
Which one of the following is not a quantitative credit control techniques? [SSC, CPO S I 2008]
A)
Bank rate done
clear
B)
Cash Reserve Ratio done
clear
C)
Statutory Liquidity Ratio done
clear
D)
Increase of interest rate on saving deposit done
clear
View Solution play_arrow
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question_answer92)
RBI does not transact the business of which state govt?
A)
Nagaland done
clear
B)
Jammu & Kashmir done
clear
C)
Punjab done
clear
D)
Cairncrosed done
clear
View Solution play_arrow
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question_answer93)
The total number of nationalized bank in India is?
A)
14 done
clear
B)
19 done
clear
C)
21 done
clear
D)
30 QSO 2000 done
clear
View Solution play_arrow
-
question_answer94)
In India one rupee coins and notes and subsidiary coins are issued by? [SSC S.O. 2006]
A)
RBI done
clear
B)
The central government done
clear
C)
SBI done
clear
D)
VIT done
clear
View Solution play_arrow
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question_answer95)
Bank deposits that can be withdrawn without notice are called?
A)
Account payee deposits done
clear
B)
Fixed deposits done
clear
C)
Variable deposits done
clear
D)
Demand deposits done
clear
View Solution play_arrow
-
question_answer96)
Scheduled Banks have to be registered with? [ISO CPO S 7 2006]
A)
SEBI done
clear
B)
RBI done
clear
C)
Finance Ministry done
clear
D)
SBI done
clear
View Solution play_arrow
-
question_answer97)
Bank rate is the rate at which? [SSC Tax Assistant 2005]
A)
A commercial bank borrows loans from some other commercial bank done
clear
B)
The central bank borrows loans from the government done
clear
C)
The commercial bank gives loans to the public done
clear
D)
The central bank re-discounts the commercial bills brought done
clear
View Solution play_arrow
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question_answer98)
Rate of interest is determined by?
A)
The rate of return on the capital invested done
clear
B)
Central government done
clear
C)
Liquidity preference done
clear
D)
Commercial Banks done
clear
View Solution play_arrow
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question_answer99)
"Dear money" means?
A)
Low rate of interest done
clear
B)
High rate of interest done
clear
C)
Depression done
clear
D)
Inflation done
clear
View Solution play_arrow
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question_answer100)
Legal Tender Money" refers to? [SSC SJ. 2005]
A)
Cheques done
clear
B)
Drafts done
clear
C)
Bill of exchange done
clear
D)
Currency notes done
clear
View Solution play_arrow
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question_answer101)
Liquidity preference means? [SSC CGL 2004]
A)
Desire of the public to hold cash done
clear
B)
Showing preferences to hold capital assets done
clear
C)
Showing preferences to hold bonds and securities done
clear
D)
Refraining from consumption done
clear
View Solution play_arrow
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question_answer102)
102 When central bank buys securities/ bank reserves? [SSC CGL 2014]
A)
Contracts done
clear
B)
Remains the same done
clear
C)
Has no impact on the reserves done
clear
D)
Expands done
clear
View Solution play_arrow
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question_answer103)
Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash. Precious metals, and other short term Securities as reserve all the time. In Banking world this is known as?
A)
CRR done
clear
B)
Fixed asset done
clear
C)
SLR done
clear
D)
PLR done
clear
View Solution play_arrow
-
question_answer104)
National Institute of Bank Management is the Institution meant for?
A)
All those given as options done
clear
B)
Providing management personnel to the banks done
clear
C)
Training of bank employees in banking done
clear
D)
Providing consultancy of best practices is bank Management done
clear
E)
Recruitment of bank employees at all levels done
clear
View Solution play_arrow
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question_answer105)
A cheque bearing the date earlier than the date of submission to the bank is known as? [SBI Clerk 2014]
A)
Bearer cheque done
clear
B)
Stale cheque done
clear
C)
Crossed cheque done
clear
D)
Post-Dated cheque done
clear
E)
Ante-Dated cheque done
clear
View Solution play_arrow
-
question_answer106)
Liquidity is injected by the RBI in the economy through which of the following mechanisms? [SBI Clerk 2014]
A)
Change in Bank Rate done
clear
B)
Repo done
clear
C)
Increase in SLR done
clear
D)
Through Marginal standing facility done
clear
E)
Increase in CRR done
clear
View Solution play_arrow
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question_answer107)
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
View Solution play_arrow
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question_answer108)
A type of fraud where in criminals use an innocent person's details to open or use an account to carry out financial transactions, is known as [IBPS2013]
A)
Hacking done
clear
B)
Money laundering done
clear
C)
Espionage done
clear
D)
Phishing done
clear
View Solution play_arrow
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question_answer109)
NABARD is responsible for regulating and supervising the functions of?
A)
Investment and Industrial Finance Banks done
clear
B)
Cooperative Banks and Regional Rural Banks done
clear
C)
Corporate Finance and Overseas Bank Units done
clear
D)
Reserve Bank of India done
clear
View Solution play_arrow
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question_answer110)
The Concept of 'Micro Credit7 essentially concentrates on?
A)
Consumption smoothening as and when needed done
clear
B)
Providing safe place to hold savings done
clear
C)
Accepting deposits done
clear
D)
Provision of credit to the poor done
clear
View Solution play_arrow
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question_answer111)
A bank's fixed deposit is also referred to as a---
A)
Term deposit done
clear
B)
Savings Bank deposit done
clear
C)
Current deposit done
clear
D)
Demand deposit done
clear
View Solution play_arrow
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question_answer112)
Which of the following services relate to execution of transaction directly with consumers, rather than corporations or other banks?
A)
Wholesale Banking Services done
clear
B)
Industrial Banking Services done
clear
C)
Retail Banking Services done
clear
D)
Corporate Banking Services done
clear
View Solution play_arrow
-
question_answer113)
Bank's mandatory lending to farmers for agriculture, micro and small enterprises and other weaker sections wherein banks are required to end up to 40% of the loan is generally described as?- [ IBPS, 2013]
A)
Para banking done
clear
B)
Subprime lending done
clear
C)
Retail lending done
clear
D)
Priority sector lending done
clear
View Solution play_arrow
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question_answer114)
The process by which the Central Bank of a country controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic growth is known as? [IBPS RRB 2014]
A)
Economic policy done
clear
B)
Monetary policy done
clear
C)
Fiscal policy done
clear
D)
Credit policy done
clear
View Solution play_arrow
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question_answer115)
In order to promote financial inclusion, the Reserve Bank of India has recently allowed minors to operate bank accounts independently provided their age is above? [IBPS RRB 2014]
A)
14 years done
clear
B)
13 years done
clear
C)
16 years done
clear
D)
10 years done
clear
View Solution play_arrow
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question_answer116)
The process of conversion of a physical cheque into electronic form is known as? [IBPS 2014]
A)
Cheque Negotiation done
clear
B)
Cheque Endorsement done
clear
C)
Cheque Truncation done
clear
D)
Cheque Crossing done
clear
View Solution play_arrow
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question_answer117)
The earlier system of Prime Lending Rate (PLR) has now been replaced by- [IBPS, RRB 2014]
A)
Reverse Repo Rate system done
clear
B)
Repo Rate system done
clear
C)
Bank Rate system done
clear
D)
Base Rate system done
clear
View Solution play_arrow
-
question_answer118)
A banknote of -which a portion is missing or which is composed of more than two pieces is known as? [IBPSRRB2014]
A)
A multilated banknote done
clear
B)
A counterfeit banknote done
clear
C)
A soiled banknote done
clear
D)
A damaged banknote done
clear
View Solution play_arrow
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question_answer119)
Banks generally insist account holders to nominate persons to whom the money lying in their accounts should go in the event of? [IBPSPO 2014]
A)
Death of account holder done
clear
B)
Illness of account holder done
clear
C)
Account holder migrates done
clear
D)
Account holder turns bankrupt done
clear
View Solution play_arrow
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question_answer120)
Credit Risk refers to the risk that?
A)
Borrower may opt to get necessary permit/licenses? done
clear
B)
Wrong strategy is adopted done
clear
C)
Loan processing may be faulty done
clear
D)
A borrower will default on any type of debt done
clear
View Solution play_arrow
-
question_answer121)
Which of the following concepts of banking involves booking of web enabled touch point for basic banking services? [IBPSPO 2014]
A)
Extension Counters done
clear
B)
Retail Banking done
clear
C)
Kiosk Banking done
clear
D)
Mobile Banking done
clear
View Solution play_arrow
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question_answer122)
Based on the recovery of the dues, banks are required to classify Non-Performing Assets (NPAs) in the books of the bank under the categories? [IBPSPO 2014]
A)
Substandard, Doubtful and Bad Debts done
clear
B)
Substandard, Doubtful and Loss Assets done
clear
C)
Standard, Doubtful and Loss Assets done
clear
D)
None of these done
clear
View Solution play_arrow
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question_answer123)
The process that has to be undertaken by banks and other financial institutions to prevent them from being used by criminal elements for money laundering is? [IBPS 2014]
A)
Credit monitoring process done
clear
B)
Credit Rating process done
clear
C)
KYC process done
clear
D)
Credit Appraisal process done
clear
View Solution play_arrow
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question_answer124)
CVV is an anti-fraud security feature that helps verify that the customer is in possession of her card. The abbreviation of CVV stands for? [IBPS 2014]
A)
Card virtual valuation done
clear
B)
Confidential virtual verification done
clear
C)
Card verification value done
clear
D)
Core virtual value done
clear
View Solution play_arrow
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question_answer125)
With introduction of ATMs, telebanking and internet banking, banking hours is not a constraint for transacting banking business, which is known as? [IBPS 2014]
A)
Universal Banking done
clear
B)
Worldwide Banking done
clear
C)
Anywhere Banking done
clear
D)
Global Banking done
clear
View Solution play_arrow
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question_answer126)
Which of the following institutions is a credit information company? [IBPS 2014]
A)
ARCIL done
clear
B)
CRISIL done
clear
C)
CIBIL done
clear
D)
ICRA done
clear
View Solution play_arrow
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question_answer127)
RBI has recently issued draft policy guidelines for differentiated Banks licenses which are? [IBPS, 2013]
A)
Exclusively for foreign banks done
clear
B)
Aimed at the cooperative sector done
clear
C)
Aimed at furthering financial inclusion done
clear
D)
Other than those given as option done
clear
View Solution play_arrow
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question_answer128)
The fair practice code for credit card operations in the banking industry has been evolved by?
A)
Indian Bank's Association (IBA) done
clear
B)
RBI done
clear
C)
Banking Codes and Standards Board of India (BCSBI) done
clear
D)
Banking Ombudsman done
clear
View Solution play_arrow
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question_answer129)
When an account does not have sufficient balance to honour the cheque issued by the account holder, the cheque is returned by the bank, which is known as?
A)
Cheque discounting done
clear
B)
Cheque truncation done
clear
C)
Cheque kiting done
clear
D)
Bouncing of cheque done
clear
View Solution play_arrow
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question_answer130)
The alphabet ?T' in the abbreviation EFTPOS stands for?
A)
Point done
clear
B)
Private done
clear
C)
Public done
clear
D)
Primary done
clear
View Solution play_arrow
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question_answer131)
ATM is an electronic Tele-communication device that helps bank customers perform financial transactions. The letter 'A' in the abbreviation ATM stands for?
A)
Anytime done
clear
B)
Anywhere done
clear
C)
Automated done
clear
D)
Advance done
clear
View Solution play_arrow
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question_answer132)
The Bank for International Settlements (BIS) is an international organization of central banks headquartered in? [IBPS 2014]
A)
Zurich/Switzerland done
clear
B)
New York, USA done
clear
C)
Basel, Switzerland done
clear
D)
Paris, France done
clear
View Solution play_arrow
-
question_answer133)
RBI has recently issued the guidelines allowing minors to operate bank accounts, -which is aimed at?
A)
Mobilizing high level of savings done
clear
B)
Furthering financial inclusion done
clear
C)
Developing consumption culture amongst the children done
clear
D)
Developing Borrowing habits at an early age done
clear
View Solution play_arrow
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question_answer134)
Banks today are focusing more on Retail Banking, which offers opportunities to banks to [IBPS 2014]
A)
Invest in Capital markets done
clear
B)
Consider large ticket term loans done
clear
C)
Set up joint ventures done
clear
D)
Cross-set other retail loan products done
clear
View Solution play_arrow
-
question_answer135)
National Institute of Bank Management is the Institution meant for? [SBI Clerk 2014]
A)
Providing management personnel to the banks done
clear
B)
Training of bank employees in banking done
clear
C)
Providing consultancy of best practices in bank management done
clear
D)
All those given as option done
clear
View Solution play_arrow
-
question_answer136)
Recently, India has decided to introduce plastic currency notes. A number of other countries are already using plastic notes, but the pioneer in this field is?
A)
Sweden done
clear
B)
England done
clear
C)
France done
clear
D)
Australia done
clear
View Solution play_arrow
-
question_answer137)
Which of the following is sovereign instrument with faced coupon (payable on a specified date or half yearly), issued the Reserve Bank for market borrowing programme of the government of India?
A)
Fixed Deposits done
clear
B)
Dated government Securities done
clear
C)
Debentures done
clear
D)
Bonds done
clear
View Solution play_arrow
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question_answer138)
Abound issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate Of Interest) is called? [SBI Clerk 2014]
A)
Preference Bond done
clear
B)
Zero Coupon Bond done
clear
C)
Convertible Bond done
clear
D)
Perpetual Bond done
clear
View Solution play_arrow
-
question_answer139)
A cheque bearing the date earlier than the date of submission to the
A)
Bearer cheque done
clear
B)
Stale cheque done
clear
C)
Crossed cheque done
clear
D)
Ante-Dated cheque done
clear
View Solution play_arrow
-
question_answer140)
Liquidity is injected by the RBI in the economy through which of the following mechanisms? [SBI Clerk 2014]
A)
Change in Bank Rate done
clear
B)
REPO done
clear
C)
Increase in SLR done
clear
D)
Increase in CRR done
clear
View Solution play_arrow
-
question_answer141)
Which of the following is one of the main functions of the Reserve Bank of India? [SBI Clerk 2014]
A)
Regulation of the Stock Markets done
clear
B)
Regulation of Life Insurance done
clear
C)
Regulation of General Insurance done
clear
D)
Banker's Bank done
clear
View Solution play_arrow
-
question_answer142)
Which of the following authorities is responsible for maintaining accounts, deposits and cash management of the government through issue of Bonds and Treasury Bills? [SBI Clerk 2014]
A)
SEBI done
clear
B)
IRDA done
clear
C)
SBI done
clear
D)
RBI done
clear
View Solution play_arrow
-
question_answer143)
In international Banking terms, 'appreciation' of rupee means? [SBI Asst. Clerk 2015]
A)
Excess of exports over imports done
clear
B)
Purchasing power of rupee has come down done
clear
C)
Excess of imports over exports done
clear
D)
Availability of more foreign currency vis-a-vis rupee done
clear
View Solution play_arrow
-
question_answer144)
Which of the following is not a Banking organization? [SBI Asst. 2015]
A)
ICICI PRUDENTIAL done
clear
B)
AXIS BANK done
clear
C)
KOTAK MAHINDRA done
clear
D)
ICICI BANK done
clear
View Solution play_arrow
-
question_answer145)
A Non-performing asset in Banking Business means? A fixed asset of bank that has not been utilized A portion of deposits not utilized A loan asset on which interest and / or instalments remain 'Past due' [SBI Asst. 2015]
A)
Only a done
clear
B)
Only C done
clear
C)
Only done
clear
D)
Only B & C done
clear
View Solution play_arrow
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question_answer146)
Bank Holidays are covered by which of the following?
A)
As per the order of GOI done
clear
B)
As per the order of IBA done
clear
C)
Negotiable Instruments Act done
clear
D)
RBI Act done
clear
View Solution play_arrow
-
question_answer147)
In order to boost growth under an expansionary monetary policy, the Central Bank of a country..........
A)
Trims down money supply in the economy done
clear
B)
Increases money supply in the system done
clear
C)
Increases interest rates done
clear
D)
Restricts Government spending done
clear
View Solution play_arrow
-
question_answer148)
Bi-Monthly Monetary policy review is undertaken by?
A)
SEBI done
clear
B)
Indian Bank's Association done
clear
C)
RBI done
clear
D)
Financial Stability Development Council (FSDC) done
clear
View Solution play_arrow
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question_answer149)
Credit/Debit Card payments made without actually swiping the Credit/Debit card but by using details on the card are known as?
A)
Over the counter payment (UTCP) Transaction done
clear
B)
Physical/Cash Transaction done
clear
C)
ATM Transaction done
clear
D)
DOS transaction done
clear
View Solution play_arrow
-
question_answer150)
The alphabet 'E' in the abbreviation NRE Account stands for- -
A)
Executive done
clear
B)
Employee done
clear
C)
External done
clear
D)
Equated done
clear
View Solution play_arrow
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question_answer151)
The Reserve Bank of India has recently raised the card limit for issuance of pre-paid payment instruments (PPI) from> 50,000 to? [NIACL AssT2015]
A)
1, 50,000 done
clear
B)
1, 00,000 done
clear
C)
60,000 done
clear
D)
75,000 done
clear
View Solution play_arrow
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question_answer152)
As per the guidelines issued by the RBI, the proposed 'payment Banks' will be allowed to open small savings account primarily from the un- banked and under-banked population up to a maximum of?
A)
10/000 per individual customer done
clear
B)
1 lakh per individual customer done
clear
C)
T 1,000 per individual customer done
clear
D)
T 50,000 per individual customer done
clear
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question_answer153)
One rupee notes are issued by the? [SSC LDC 2014]
A)
RBI done
clear
B)
SBI done
clear
C)
President of India done
clear
D)
Government of India done
clear
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question_answer154)
The fourteen major banks in India were nationalized in the year
A)
1967 done
clear
B)
1968 done
clear
C)
1969 done
clear
D)
1971 done
clear
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question_answer155)
The number of Nationalized Banks in India are? [SSC LDC 2014]
A)
14 done
clear
B)
21 done
clear
C)
20 done
clear
D)
22 done
clear
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question_answer156)
The internal rate of return? [SSC LDC 2014]
A)
Must be less than the interest rate if the firm is to invest done
clear
B)
Makes the present value of profits equal to the present value of costs done
clear
C)
Falls as the annual yield of an investment rises done
clear
D)
Is equal to the market interest rate for all the firm?s investment done
clear
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question_answer157)
As the number of investments made by a firm increases, its internal rate of return? [SSC LDC 2014]
A)
Declines due to diminishing Marginal productivity done
clear
B)
Declines because the market rate of interest will falls, ceteris parlous done
clear
C)
Increase to compensate the firm for the current consumption fore- gone done
clear
D)
Increases because the level of savings will fall done
clear
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question_answer158)
Saving rate is relatively low in developed economies because of? [SSC LDC 2014]
A)
Low per capita income done
clear
B)
Welfare programmer done
clear
C)
Liquidity/Borrowing constraint done
clear
D)
High interest rate done
clear
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question_answer159)
The profits of Indian Banks operating in foreign countries are a part of? [SSC, LDC 2014]
A)
Income from entrepreneurship earned from abroad done
clear
B)
Domestic factor income of India done
clear
C)
Profits of the enterprises working in domestic territory of India done
clear
D)
Operating surplus of the banks located in India done
clear
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