_______ is known as the commercial capital of India.
1.Mumbai
2.Calcutta
3.Bengaluru
4.New Delhi
Posted Date:-2021-10-25 07:59:43
A Bank would usually allow opening of a current account to _________?
1.Lunatic person
2.Illiterate person
3.Minor Customer
4.None of the Above
Posted Date:-2021-10-25 07:59:43
A customer desiring to do permitted banking transactions through ATM needs to have -
1.ATM card or debit card/credit card (if compatible with the ATM function)
2.Personal identification number (PIN), allotted by the bank while issuing ATM /Debit card/credit card
3.Both (a) and (b)
4.Smartphone
Posted Date:-2021-10-25 07:59:43
A loan bearing low rate of interest is known as ........?
1.Soft loan
2.Hard loan
3.Real Loan
4.Capital Loan
Posted Date:-2021-10-25 07:59:43
According to the recommendation of the 14th Finance Commission, the Share of states in the centre's tax revenue is increased from 32% to _____.
1.41%
2.42%
3.43%
4.44%
Posted Date:-2021-10-25 07:59:43
As a bank officer, you shall not open a _____ account in the name of minor customer?
1.Saving account
2.Current Account
3.Fixed Deposit Account
4.Not open any of the above accounts
Posted Date:-2021-10-25 07:59:43
ATM cards are issued to a person who maintains any of following accounts with the bank -
1.Current Accounts
2.Savings Bank Accounts
3.Both (a) and (b)
4.Loan or Cash Credit Accounts
Posted Date:-2021-10-25 07:59:43
Bank rate policy, open market operations, variable reserve requirements and statutory liquidity requirements as measures of credit control are classified as :-
1.qualitative methods
2.quantitative methods
3.weighted average method
4.none of the above
Posted Date:-2021-10-25 07:59:43
By crossing we mean :-
1.two horizontal lines on a cheque
2.one straight line across the cheque
3.two lines across the cheque making X
4.two transverse parallel lines on a cheque
Posted Date:-2021-10-25 07:59:43
CAPART is associated with which of the following?
1.Foreign trade
2.Infrastructure
3.Energy sector
4.Rural Developement
Posted Date:-2021-10-25 07:59:43
Certificate of deposits have a minimum value of......?
1.Rs 1 lakh
2.Rs 10 lakh
3.Rs 200 lakh
4.Rs 1 crore
Posted Date:-2021-10-25 07:59:43
Credit cards are of standard size and thickness and are embossed with the following details -
1.Validity date
2.Card number
3.Name of card holder
4.All of the above
Posted Date:-2021-10-25 07:59:43
Credit risk to the bank is high from which of these card -
1.ATM cards
2.Debit cards
3.Credit cards
4.All of the above
Posted Date:-2021-10-25 07:59:43
Debit card-
1.are plastic cards embedded with electromagnetic identification
2.facilitates the customers top effect the transaction their accounts , remotely
3.are issued by banks to its customers who could use them to pay for their purchase or services at specified points of sales terminals
4.all of the above
Posted Date:-2021-10-25 07:59:43
For a scheduled bank the paid up capital and collected funds of bank should not be less than ______?
1.Rs. 1 lakh
2.Rs. 5 lakh
3.Rs. 50 crore
4.Rs. 1 crore
Posted Date:-2021-10-25 07:59:43
�CRR funds are kept by the Banks in.........?
1.Balance with other banks
2.Cash in hands at branches
3.Funds in the currency chest
4.Balance in a special accounts with RBI
Posted Date:-2021-10-25 07:59:43
�How many banks were nationalized in 1969?
1.10
2.12
3.14
4.16
Posted Date:-2021-10-25 07:59:43
In order to provide protection to the deposits held with banks and insurance for a minimum of their deposits with Banks, the following Institution was established _______?
1.State Bank of India
2.Reserve Bank of India
3.Life Insurance Corporation of India
4.Deposit Insurance and Credit Guarantee Corporation
Posted Date:-2021-10-25 07:59:43
India's first International Financial Services Centre opened at _____.
1.Gujarat
2.Rajasthan
3.Maharashtra
4.West Bengal
Posted Date:-2021-10-25 07:59:43
Indian Financial Network [INFINET] is the :-
1.closed user group network of SBI and its subsidiaries
2.association of the employers of the banking and financial sector
3.communication backbone for the Indian Banking and Financial sector
4.all of the above
Posted Date:-2021-10-25 07:59:43
Issuing credit cards is a component of -
1.Micro finace
2.Rural banking
3.Retail Banking
4.Corporate Banking
Posted Date:-2021-10-25 07:59:43
One can enjoy the overdraft facility in:
1.Saving Account
2.Current Account
3.Recurring Account
4.Fixed Deposit Account
Posted Date:-2021-10-25 07:59:43
Reserve Bank of India (RBI) has decided to issue _____denomination coins to commemorate International Yoga Day which is being observed every year on 21 June.
1.1 rupee
2.5 rupee
3.10 rupee
4.100 rupee
Posted Date:-2021-10-25 07:59:43
Resurgent India Bonds were issued in US dollar, Pound Sterling and ______________
1.Euro
2.French Franc
3.Japanese Yen
4.Deutsche Mark
Posted Date:-2021-10-25 07:59:43
The Basic Committee has defined capital in two Tiers (Tier-I and Tier-II). Tier-I capital is known as -
1.Net capital
2.Core capital
3.Gross capital
4.Working capital
Posted Date:-2021-10-25 07:59:43
The interest on recurring deposit is paid on the basis of -
1.Quarterly compounding
2.Simple interest calculated monthly basis
3.Simple interest on monthly product basis
4.Interest calculated on daily product basis
Posted Date:-2021-10-25 07:59:43
The Life Insurance Corporation Of India has how many Zonal offices in India ?
1.7
2.8
3.9
4.10
Posted Date:-2021-10-25 07:59:43
The salient features of Bank, defined in terms of Banking Regulation Act stipulate that a bank must engage in ________?
1.Accepting deposits (Resources)
2.Lending or Investing the Resources
3.Both (a) and (b)
4.Lending the Resources
Posted Date:-2021-10-25 07:59:43
Tier-II capital consists of
1.subordinated debt, hybrid debt capital instruments.
2.general provisions, loss reserves and revaluation reserves.
3.undisclosed reserves and cumulative perpetual preference shares.
4.all of the above
Posted Date:-2021-10-25 07:59:43
To restrict expansion of credit, the Reserve Bank :-
1.freezes the bank rate
2.raises the bank rate
3.reduces the bank rate
4.none of these
Posted Date:-2021-10-25 07:59:43
Under Bretton Woods System, as a member of IMF, India declared its par value of rupee in terms of______.
1.Gold
2.British Pound
3.American Dollar
4.Australian Dollar
Posted Date:-2021-10-25 07:59:43
What are the facilities available to the customers through ATM?
1.Cash deposit
2.Balance enquiry
3.Cash withdrawal subject to a predetermined limit per day.
4.All of the above
Posted Date:-2021-10-25 07:59:43
What are the various means of Electronic Payment Systems?
1.ATM card
2.Debit card
3.Credit card and Smart card
4.All of the above
Posted Date:-2021-10-25 07:59:43
What is the notified amount for the auction of 364-day treasury bill?
1.100 crores
2.300 crores
3.500 crores
4.1000 crores
Posted Date:-2021-10-25 07:59:43
What is the stipulated share of the priority sector in the net bank credit?
1.20%
2.30%
3.40%
4.50%
Posted Date:-2021-10-25 07:59:43
What matters most during a run on the bank, is _______?
1.Safety of bank
2.The solvency of the bank
3.The number of depositors
4.The liquidity of the bank
Posted Date:-2021-10-25 07:59:43
When bank accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as.....?
1.Bond
2.Mortgage
3.Term deposit
4.Demand Deposit
Posted Date:-2021-10-25 07:59:43
When the loan is guaranteed for purchase of white goods it is called......?
1.Business loan
2.White goods loan
3.Consumption loan
4.Consumer durable loan
Posted Date:-2021-10-25 07:59:43
Which among the following is an unsecured promissory notes?
1.Loan
2.Commercial papers
3.Certificate of deposits
4.None of the above
Posted Date:-2021-10-25 07:59:43
Which among the following is the first universal bank of India?
1.HDFC
2.ICICI
3.Axis Bank
4.Federal Bank
Posted Date:-2021-10-25 07:59:43
Which of the following fall under the qualitative method of credit control adopted by Reserve bank of India:-
1.Moral suasion
2.Selective credit control
3.Credit authorization scheme
4.all of the above
Posted Date:-2021-10-25 07:59:43
Which of the following is known as narrow money?
1.M1
2.M2
3.M3
4.M4
Posted Date:-2021-10-25 07:59:43
Which of the following is not an imperfect note?
1.Oiled note
2.Wahsed note
3.Bleached note
4.Multilated note
Posted Date:-2021-10-25 07:59:43
Which of the following is not classified as a commercial Bank ?
1.Foreign Bank
2.Private Sector Bank
3.Regional Rural Bank
4.Co-operative Bank
Posted Date:-2021-10-25 07:59:43
Which of the following is the best option to park money for a long period of time to earn a high rate of interest?
1.Savings account
2.Current account
3.Deposit account
4.Recurring account
Posted Date:-2021-10-25 07:59:43
Which of the following methods is currently used in India to issue note?
1.Fixed Fiduciary System
2.Percentage Reserve System
3.Minimum Reserve System
4.Roportional Reserve System
Posted Date:-2021-10-25 07:59:43
Which of the following section defines offence of money laundering?
1.Section 1
2.Section 2
3.Section 3
4.Section 4
Posted Date:-2021-10-25 07:59:43
Which of the following steps is not required by the user for withdrawing money from ATM?
1.Entering PIN
2.Entering account no.
3.Inserting ATM card in the card slot
4.All of the above
Posted Date:-2021-10-25 07:59:43
Who among the following is the responsible person to decide the quantity of the coins to be minted?
1.RBI
2.SEBI
3.The Government of India
4.None of these
Posted Date:-2021-10-25 07:59:43