(Note:-Answer are in Bold Letter Please Chek It !!)
1) What is the full form of CVV?
a. Call Verification Value
b. Card Verification Value c. Credit Verification Value d. None | ||
2) Which is the committee on Banking Ombudsman?
a. Parthasarathi Shome
b. B. Shivaraman Committee c. Suma Verma Committee d. Shri Raghuram Rajan Committee | ||
3) What does the acronym DICGC mean?
a. District Industries Centre and Government College
b. Department of Insurance in Central Govt. Company c. Deposit Insurance and Credit Guarantee Corporation d. Deputy Inspector & Commissioner General for Commodities Trading | ||
4) 'Subprime lending' is a term applied to the loans made to _________.
a. Those borrowers who do not have a good credit history
b. Those borrowers who have a good credit history c. Those borrowers who do not have a good debit history d. Those borrowers who have a good debit history | ||
5) Which of the following are to be followed by Commercial Banks for risk management?
a. Basel II norms
b. Basel III norms c. Basel I norms d. Solvency II norms | ||
6) Which bank launched Mobile Bank Accounts in association with Vodafone's m-paisa?
a. Bank of Baroda
b. HDFC Bank c. ICICI Bank d. Punjab National Bank | ||
7) Which is the largest private sector bank in India?
a. Axis Bank
b. ICICI Bank c. HDFC Bank d. South Indian Bank | ||
8) Which was the second bank in India with limited liability?
a. Punjab National Bank
b. Imperial Bank of India c. New Bank of India d. State Bank of India | ||
9) When did the banking crisis of 1913-1917 end?
a. 1917
b. 1949 c. 1955 d. 1959 | ||
10) Which among the following is not a public sector bank?
a. Allahabad Bank
b. City Union Bank c. UCO Bank d. Vijaya Bank | ||
11) Who headed the committee on Credit Information Reports (CIRs)?
a. Raghuram Rajan
b. Kaushik Basu c. K.V Kamath d. Aditya Puri | ||
12) Which of the following is true about the restrictions on RBI?
(i) It is not to compete with the commercial banks. (ii) It is not allowed to pay interest on its deposits. (iii) It cannot engage directly or indirectly in trade. (iv) It cannot acquire or advice loans against immovable property. (v) It is prohibited from purchasing its own shares or the shares of any other bank or any company or granting loans on such security.
a. Only (i),(ii),(iii), and (iv)
b. Only (v) c. All the above d. None of the above | ||
13) Which is the largest commercial bank of the country?
a. Bank of India
b. Canara Bank c. State Bank of India d. Union Bank of India | ||
14) Deposits mobilised by the banks are utilised for.
(i) loans and advances (ii) investment in government and other approved securities in fulfilment of liquidity stipulation (iii) investment in commercial paper, shares, debentures up to stipulated ceilings
a. Only (i)
b. Both (ii) and (iii) c. All the above d. None of the above | ||
15) When was the General Insurance Council formed?
a. 1938
b. 1957 c. 1973 d. 1971 | ||
16) Who sets up 'Base Rate' for Banks?
a. Individual Banks Board
b. Interest Rate Commission of India c. RBI d. None of the above | ||
17) Which organization provides guarantee to the exporters?
a. Exim Bank
b. Export Credit Guarantee Corporation c. Reserve Bank of India d. Registrar of companies | ||
18) Which of the following is not a part of India's Money Market?
a. Banks
b. Bill Markets c. Call Money Market d. Indian Gold Council | ||
19) What happens if a crossed cheque is presented for payment?
a. It can be paid only through a banker
b. It cannot be paid at all c. It can be paid across the counter in another bank d. None of the above | ||
20) What is an Indian Depository Receipt?
a. An instrument in the form of deposit receipt issued by Indian depositories
b. An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company c. A deposit account with a Public Sector Bank d. A depository account with any of Depositories in India |
