A banker lien is governed by
1.Banking Regulation Act
2.Negotiable Instrument Act
3.Transfer of Property Act
4.Bankers Books Evidence Act
Posted Date:-2021-10-25 15:23:20
A cheque is payable on
1.demand
2.a fixed future date
3.happening of certain event
4.24 hours after presentation
Posted Date:-2021-10-25 15:23:20
A scheduled bank must be
1.An institution notified by GOI
2.A company as defined by companies act, 2013
3.A corporative or company incorporated by any law in force in any place in India
4.All of the above
Posted Date:-2021-10-25 15:23:20
According to the risk diversification principle of bank lending, diversification should be in terms of -
1.customer base
2.nature of business
3.geographic location
4.All of these
Posted Date:-2021-10-25 15:23:20
An award of Banking Ombudsman is
1.an arbitrary order
2.a judicial decision
3.an order on the Bank
4.an appeal to the bank
Posted Date:-2021-10-25 15:23:20
An Individual can have what number of Basic Savings Bank Deposit Account in one bank?
1.Only one
2.Only two
3.Only three
4.Only four
Posted Date:-2021-10-25 15:23:20
As per the notification by Reserve Bank of India (RBI) on 6th Aug15, in which areas the banks are allowed to shift, merge or close branches without seeking its prior permission?
1.Rural Areas
2.Urban Areas
3.Semi-Rural Areas
4.Semi-Urban Areas
Posted Date:-2021-10-25 15:23:20
Axis bank is a
1.Gramin Bank
2.Foreign Bank
3.Cooperative Bank
4.Private Sector Bank
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Bill of Exchange, Promissory Notes and Cheques are defined as -
1.Trust Receipts
2.Negotiable Instruments
3.Documents of Title of Goods
4.All of these
Posted Date:-2021-10-25 15:23:20
Certificate of Deposit can be issued by _____?
1.Reserve Bank, NABARD and Exim Bank only
2.Commercial banks and term lending institutions
3.Scheduled commercial banks excluding regional rural banks
4.All of the above
Posted Date:-2021-10-25 15:23:20
Co-operative banks are ____?
1.Joint-sector banks
2.Public sector banks
3.Private sector banks
4.All of the above
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Currency Chests are -
1.store houses of RBI for banknotes and small coins
2.store houses of RBI for banknotes and rupee coins
3.store houses of commercial banks for banknotes and small coins
4.store houses of commercial banks for banknotes and rupee coins
Posted Date:-2021-10-25 15:23:20
Excessively soiled, brittle or burnt notes can be exchanged on -
1.Issue Office of RBI
2.Commercial bank branches
3.Commercial bank headquarters
4.None of the above
Posted Date:-2021-10-25 15:23:20
Government increased the maturity period on G-Sec bonds to -
1.10 years
2.20 years
3.30 years
4.40 years
Posted Date:-2021-10-25 15:23:20
How many payment banks received in-principle approval by the Reserve bank of India?
1.10
2.11
3.12
4.13
Posted Date:-2021-10-25 15:23:20
Issue Offices of RBI are those places from where -
1.RBI issues coins to the bank branches
2.RBI issues banknotes to the bank branches
3.Both (a) and (b)
4.None of the above
Posted Date:-2021-10-25 15:23:20
�Which became the first bank globally to launch m-Visa. A service in which a person can transit cardless
1.SBI
2.IOB
3.ICICI
4.HDFC
Posted Date:-2021-10-25 15:23:20
Kapoor committee, 1999 is related to ____.
1.Micro-finance
2.Restructuring of RRBs
3.Capital Account convertibility
4.Co-operative Banking Reforms
Posted Date:-2021-10-25 15:23:20
Loan taken by the person, not telling the purpose of taking loan is called ?
1.NPA
2.Personal Loan
3.Concealed Loan
4.Impersonal Loan
Posted Date:-2021-10-25 15:23:20
Name the initiative launched by the Finance Minister Arun Jaitely to revamp functioning of public sector banks, PSBs on 14th Aug 15?
1.BankNiti
2.Seven Plan
3.Maulik Niti
4.Indradhanush
Posted Date:-2021-10-25 15:23:20
Name the mobile banking app of Kotak Mahindra Bank (KMB) launched primarily for un-banked regions?
1.Bharat
2.Kotak India
3.Kotak Bharat
4.Indian Kotak
Posted Date:-2021-10-25 15:23:20
Nomination was introduced in banks by amendment in which of the following act.
1.RBI Act
2.Companies Act
3.Banking Regulation Act
4.Negotiable Instruments Act
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On 6th Aug15 the Lok Sabha adopted the Negotiable Instruments (Amendment) Bill 2015 that enables the _________.
1.Lift the penalty over bouncing cheques & Proposed to change the definition of Cheques
2.Proposed to change the definition of Cheques & Lift the penalty over bouncing cheques
3.Increase the penalty over bouncing cheques & Enable Cheque collections on Electronic Mode
4.Enable Cheque collections on Electronic Mode & Proposed to change the definition of Cheques
Posted Date:-2021-10-25 15:23:20
Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?
1.SBI
2.LIC
3.SIDBI
4.NABARD
Posted Date:-2021-10-25 15:23:20
Public Sector Banks include ?
1.14 Nationalized Banks + 6 SBI Associates + 7 Private Banks
2.19 Nationalized Banks + State Bank of India + 6 SBI Associates
3.20 Nationalized Banks + 6 Private Banks
4.20 Nationalized Banks + State Bank of India + 5 SBI Associates + IDBI
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RBI can carry out inspection of any bank under section ____ of Banking Regulation Act.
1.31
2.33
3.35
4.37
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RBI currently follows which of the following system for issuance of currency?
1.Proportional Reserve System
2.Minimum Reserve System
3.Maximum Reserve System
4.None of the above
Posted Date:-2021-10-25 15:23:20
Rupee coins are the legal tender in India under the provisions of -
1.Indian Coinage Act 1906
2.Banking Regulation Act 1949
3.Reserve Bank of India Act 1934
4.Negotiable Instruments Act 1881
Posted Date:-2021-10-25 15:23:20
Savings account with zero balance can be opened for -
1.women customers
2.person of high net worth
3.weaker sections of society
4.employees of IT companies
Posted Date:-2021-10-25 15:23:20
SEBI has been imposed a restriction on money flow in equity through P-notes. What is the full form of P-notes?
1.private notes
2.purchase notes
3.permanent notes
4.participatory notes
Posted Date:-2021-10-25 15:23:20
Small Coin Depots are -
1.store houses of RBI for banknotes
2.store houses of RBI for small coins
3.store houses of commercial banks for rupee coins
4.store houses of commercial banks for small coins
Posted Date:-2021-10-25 15:23:20
Small Coins are -
1.Coins with denominations of Re. 1
2.Coins with denominations of more than Re. 1
3.Coins with denominations of less that Re. 1
4.None of the above
Posted Date:-2021-10-25 15:23:20
The co-operative bank is governed by the banking regulation Act 1949 and co-operative societies Act of
1.1955
2.1965
3.1975
4.1985
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The formal way of lending includes lending from ?
1.RRB
2.Co-operative Banks
3.Public Sector Banks and Private Sector Banks
4.All of the above
Posted Date:-2021-10-25 15:23:20
The soon to be set up proposed Micro Units Development Refinance Agency (Mudra) Bank will be first set up as a subsidiary of the -
1.SBI
2.SIDBI
3.NABARD
4.EXIM bank
Posted Date:-2021-10-25 15:23:20
Volume and value of banknotes to be printed each year is determined by -
1.GDP growth
2.Inflation rate
3.Reserve Stock requirements
4.All of the above
Posted Date:-2021-10-25 15:23:20
What does the section 85 of The Negotiable Instruments Act, 181 deal with?
1.Discharge from liability
2.Cheque payable to order
3.When cheque not duly presented and drawer damaged thereby
4.Discharge by allowing drawer more than forty eight hours to accept
Posted Date:-2021-10-25 15:23:20
What is a Repo Rate?
1.It is a rate at which banks borrow rupees from RBI
2.It is a rate at which RBI allows small loans in the market
3.It is a rate at which RBI sell government securities to banks
4.It is a rate which is offered by Banks to their most valued customers or prime customers
Posted Date:-2021-10-25 15:23:20
What is the full form of TLR?
1.Two Lock Reception
2.Triple Lock Reception
3.Two Lock Receptacle
4.Triple Lock Receptacle
Posted Date:-2021-10-25 15:23:20
What is the term used for a deposit with a bank that locks up money for a certain period but also provides an option of premature withdrawal which may attract a penalty?
1.Term deposit
2.Current deposit
3.Recurring deposit
4.Savings bank deposit
Posted Date:-2021-10-25 15:23:20
Which bank began its operations in Oct 2015 ?
1.IDLI
2.IDFC
3.Bandhan bank
4.Shreeram Financers
Posted Date:-2021-10-25 15:23:20
Which bank has launched the fist contactless debit, credit and multi-currency forex card?
1.SBI
2.Axis Bank
3.ICICI Bank
4.HDFC Bank
Posted Date:-2021-10-25 15:23:20
Which of the following cooperative bank is considered as the first cooperative bank in India?
1.Anyonya Cooperative Bank
2.Amanath Cooperative Bank Limited
3.Abhyudaya Cooperative Bank Limited
4.Ahmedabad Mercantile Cooperative Bank Limited
Posted Date:-2021-10-25 15:23:20
Which of the following got accredited by the Green Climate fund as a national implementing entity for undertaking climate change related projects in India?
1.EPFO
2.SIDBI
3.MUDRA
4.NABARD
Posted Date:-2021-10-25 15:23:20
Which of the following institution is meant for small and medium enterprises?
1.RBI
2.IFCI
3.SIDBI
4.NABARD
Posted Date:-2021-10-25 15:23:20
Which of the following institutions issues a 3-digit number ranging from 300-900 which reflects the credit profile of individuals?
1.CARE
2.CIBIL
3.CRISIL
4.CAMELS
Posted Date:-2021-10-25 15:23:20
Which of the following is not a characteristic of a Soiled Note?
1.slightly cut
2.notes in more than two pieces
3.became dirty
4.notes in two pieces, but the cut is not passed through the number panels
Posted Date:-2021-10-25 15:23:20
Which of the followings are against Clean Note Policy of RBI?
1.Banks not sorting notes into - Reissuables and Non-issuables - while issuing to public
2.Stapling and/or writing on notes
3.Issuing Soiled notes to public
4.All of the above
Posted Date:-2021-10-25 15:23:20
Which temple in India has opened up a Demat account to accept donations from devotees in the form of shares and securities?
1.Shirdi Sai Temple
2.Vaisho Devi Temple
3.Tryambkeshwar Temple
4.Tirumala Venkateswara Temple
Posted Date:-2021-10-25 15:23:20
Which was the first Indian Bank to introduce credit card?
1.ICICI
2.State Bank of India
3.Union Bank of India
4.Central Bank of India
Posted Date:-2021-10-25 15:23:20