(Note:-Answer are in Bold Letter Please Chek It !!)
1) When did the Centre acquire the Reserve Bank of India's entire 59.73% equity stake in the State Bank of India (SBI) at over Rs. 35,531 crore in New Delhi?
a. April 5, 2006
b. May 26, 2006 c. June 29, 2007 d. September 30, 2005 | ||
2) The RBI sanctioned the amalgamation of the Centurion Bank of Punjab with the HDFC Bank on ______.
a. May 23, 2008
b. August 13, 2008 c. June 30, 2009 d. March 31, 2009 | ||
3) When was the Oriental Life Insurance Company established?
a. 1818
b. 1834 c. 1907 d. 1938 | ||
4) When was general insurance business nationalised?
a. 1938
b. 1971 c. 1973 d. 1993 | ||
5) What is the full form of LIBOR?
a. Local Indian Bank Offered Rate
b. London-India Bureau Of Regulations c. Liberal International Bank Official Ratio d. London Inter Bank Offered Rate | ||
6) Which of the following is not a public sector bank in India?
a. Andhra Bank
b. Federal Bank c. IDBI Bank d. Vijaya Bank | ||
7) What does the letter 'S' denote in the term IFSC?
a. Subscriber
b. State c. System d. Source e. Standard | ||
8) When more than one banks allow credit facilities to one party in cordination with each other, the process is called as _________
a. Amortization
b. Consortium c. Moratorium d. Subvention | ||
9) Which of the following is not the part of organized sector of Indian Money Market?
a. Chit Funds
b. Mutual Funds c. Non-Banking Financial Companies d. Reserve Bank of India | ||
10) Which is the instrument used by RBI under general credit control?
a. CRR
b. SLR c. Bank Rate d. Exchange Control | ||
11) Which is a tool that helps RBI to stabilize money supply and prices of Government securities?
a. EOQ
b. EPQ c. JIT d. OMO | ||
12) Which among the following refers to misselling?
(i) When mutual funds are sold without telling the likely returns (ii) When agents sell the products without telling investors what are the risks involved in investing in mutual funds (iii) When agents invest somebody's money in mutual funds without their knowledge
a. Only (ii)
b. Both (i) and (iii) c. All (i), (ii) and (iii) d. None of the above | ||
13) What is Mortgage?
a. A security created on immovable property for a deposit received by a bank
b. A security created on immovable property for a loan given by a bank c. A facility created on movable property for a deposit received by a bank d. A security created on movable property for a loan given by a bank | ||
14) Share price X Number of the company's outstanding ordinary share =
a. Market Capitalization
b. Market Price c. Market Trend d. Treasury Stock | ||
15) Which one of the following requires lenders to provide "good faith" estimates of settlement costs?
a. FOIA
b. NCUA c. RESPA d. TILA | ||
16) Which of the following focuses on the financial needs of the institutional clients and the industry?
a. Universal banking
b. Virtual Banking c. Internet banking d. Wholesale banking | ||
17) Which was the first bank to introduce savings account in India?
a. Bank of Hindustan
b. General Bank of India c. Presidency Bank d. Bengal Bank | ||
18) Who regulates monetary policy?
a. IRDA
b. RBI c. SEBI d. SIDBI e. Finance Ministry | ||
19) What is the full form of CDS?
a. Call Detail Swap
b. Corporate Debt Swap c. Credit Default Swap d. None | ||
20) What method is used by the Bank to read code on cheque?
a. MICR
b. OCR c. OMR d. None |
