BANK/Bank Mcq Question Set 8 Sample Test,Sample questions

Question:
A debt becomes time-barred after:

1.One year

2.Two years

3.Three years

4.Four years

Posted Date:-2021-10-25 07:31:30


Question:
A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to stop payment. Bank will:

1.Stop payment

2.Performs no action

3.Not act on the request

4.Note caution and will advice the payee to contact purchaser of the draft

Posted Date:-2021-10-25 07:31:30


Question:
Bitcoin is a_________.

1.Payment system

2.Internet Service Provider

3.Term used in share market

4.None of these

Posted Date:-2021-10-25 07:31:30


Question:
CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) has been set up on the recommendations of:

1.Chore Committee

2.Ghosh Committee

3.Kapoor Committee

4.Krishna Committee

Posted Date:-2021-10-25 07:31:30


Question:
First bank in India to launch its interactive banking service through Dish TV:

1.HSBC

2.Axis Bank

3.HDFC Bank

4.ICICI Bank

Posted Date:-2021-10-25 07:31:30


Question:
From 25th September 1975, Rupee was de-linked from pound sterling and was linked to________.

1.Gold

2.Dinar

3.US Dollar

4.Basket of Currencies

Posted Date:-2021-10-25 07:31:30


Question:
Hypothecation is:

1.A transaction of conditional sale

2.Transfer of ownership by the borrower to the lender

3.Either a or b

4.A legal transaction whereby goods may be made available as security for a debt

Posted Date:-2021-10-25 07:31:30


Question:
In India, Fixed Fiduciary System of note issue was in force from________.

1.1816 to 1920

2.1890 to 1950

3.1920 to 1947

4.1947 to 1954

Posted Date:-2021-10-25 07:31:30


Question:
In the matter of handling bills of exchange for collection, the relationship between customer and the bank is:

1.Bailor and bailee

2.Principal and agent

3.Trustee and the beneficiary

4.All of the above

Posted Date:-2021-10-25 07:31:30


Question:
�Among the following which were the first rulers in India to issue coins which can be definitely attributed to the kings?

1.Shakas

2.Kushans

3.Parthians

4.Indo-Greeks

Posted Date:-2021-10-25 07:31:30


Question:
�Payment of a cheque may be countermanded by the ___

1.Payee

2.Drawer

3.Drawee

4.True owner

Posted Date:-2021-10-25 07:31:30


Question:
J.S. Verma Committee Report relates to:

1.Bank Mechanization

2.Corporate Governance

3.Strengthening of weak banks

4.All of the above

Posted Date:-2021-10-25 07:31:30


Question:
Maximum amount of Cheque

1.Rs.1 crore

2.Rs.150 crore

3.Rs.200 crore

4.No limit

Posted Date:-2021-10-25 07:31:30


Question:
Mutual funds are required to be registered with:

1.RBI

2.SEBI

3.AMFI

4.NABARD

Posted Date:-2021-10-25 07:31:30


Question:
Nainital Bank is a subsidiary of which of the following banks?

1.Syndicate Bank

2.Bank of Baroda

3.State Bank of India

4.Reserve Bank of India

Posted Date:-2021-10-25 07:31:30


Question:
On 1st March, 1992, Reserve Bank of India announced a new system of exchange rates known as_______.

1.Partial Convertibility

2.Liberalized Exchange rate system

3.Both (a) and (b)

4.None of these

Posted Date:-2021-10-25 07:31:30


Question:
RBI has the legal right to issue bank notes, under which act?

1.RBI Act

2.Coinage Act

3.Companies Act

4.Banking Regulation Act

Posted Date:-2021-10-25 07:31:30


Question:
The biggest international financial centre in the world:

1.Paris

2.London

3.Geneva

4.New York

Posted Date:-2021-10-25 07:31:30


Question:
The decimal system of note and coin issue was started in India in______ .

1.1950

2.1957

3.1961

4.1972

Posted Date:-2021-10-25 07:31:30


Question:
The expansion of BIFR, in the context of the Indian Industry is:

1.Board for Industrial and Financial Reconstruction

2.Bureau for Industrial and Financial Reconstruction

3.Board for Investment and Financial Reconstruction

4.Bureau for Investment and Financial Reconstruction

Posted Date:-2021-10-25 07:31:30


Question:
The largest financial conglomerate of India is:

1.SBI

2.IFCI

3.ICICI Bank

4.HDFC Bank

Posted Date:-2021-10-25 07:31:30


Question:
The primary relationship between the banker and the customer is that of:

1.Lesser and lessee

2.Principal and agent

3.Debtor and Creditor

4.Trustee and beneficiary

Posted Date:-2021-10-25 07:31:30


Question:
Under which section of the Reserve Bank of India Act, the RBI has the sole right of note issue?

1.Section 21

2.Section 22

3.Section 23

4.Section 24

Posted Date:-2021-10-25 07:31:30


Question:
What do you mean by Mortgage?

1.A security created on movable property for a loan given by a bank

2.A security created on immovable property for a loan given by a bank

3.A facility created on movable property for a deposit received by a bank

4.A security created on immovable property for a deposit received by a bank

Posted Date:-2021-10-25 07:31:30


Question:
What happens if a crossed cheque is presented for payment?

1.It cannot be paid at all

2.It can be paid only through a banker

3.It can be paid across the counter in another bank

4.None of the above

Posted Date:-2021-10-25 07:31:30


Question:
What is the maximum denomination of currency note that can be issued by RBI?

1.Rs. 1,000

2.Rs. 5,000

3.Rs. 10,000

4.Rs. 50,000

Posted Date:-2021-10-25 07:31:30


Question:
What is Yield Curve Risk?

1.Yield curve changes its slope and shape from time to time

2.It is a line of graph plotting the yield of all maturities of a particular instrument

3.Yield curve can be twisted to the desired direction through the intervention of RBI

4.All of the above

Posted Date:-2021-10-25 07:31:30


Question:
Which among the following statements is correct about soiled/mutilated note?

1.Banks are expected to offer this service even to non-customers

2.All banks are authorized to accept soiled notes across their countries and pay exchange value

3.The RBI has also authorized all commercial bank branches to treat certain notes in �two pieces� as soiled notes and pay exchange value

4.All of the above

Posted Date:-2021-10-25 07:31:30


Question:
Which of the following is a reason for inflation?

1.Deficit financing

2.Structural deficiencies

3.Growth in per capita income

4.All of the above

Posted Date:-2021-10-25 07:31:30


Question:
Who is responsible for minting coins in India, and under which act?

1.RBI, RBI Act

2.RBI, Coinage Act

3.Government of India, Coinage Act

4.Government of India, Banking Regulation Act

Posted Date:-2021-10-25 07:31:30


More MCQS

  1. Bank Mcq Question Set 1
  2. Bank Mcq Question Set 2
  3. Bank Mcq Question Set 3
  4. Bank Mcq Question Set 4
  5. Bank Mcq Question Set 5
  6. Bank Mcq Question Set 6
  7. Bank Mcq Question Set 7
  8. Bank Mcq Question Set 8
  9. Bank Mcq Question Set 9
  10. Bank Mcq Question Set 10
  11. Bank Mcq Question Set 11
  12. Bank Mcq Question Set 12
  13. Bank Mcq Question Set 13
  14. E-Banking MCQ Set 1
  15. E-Banking MCQ Set 2
  16. Entrepreneurial Development MCQ Set 1
  17. Entrepreneurial Development MCQ Set 2
  18. EXIM Finance MCQ Set 1
  19. EXIM Finance MCQ Set 2
  20. Bank Exam Reasoning
  21. Bank Exam Numerical Ability
  22. Computer Knowledge - IBPS Bank Exam Set 1
  23. Computer Knowledge - IBPS Bank Exam Set 2
  24. Bank General Awareness - IBPS Bank
  25. Bank Exam Practice Test Reasoning
Search
R4R Team
R4Rin Top Tutorials are Core Java,Hibernate ,Spring,Sturts.The content on R4R.in website is done by expert team not only with the help of books but along with the strong professional knowledge in all context like coding,designing, marketing,etc!