| 1. |
Demand deposit also known as ___________________. |
| A. | current account |
| B. | fixed deposit |
| C. | capital account |
| D. | recurring deposit |
| Answer» A. current account | |
| 2. |
Bank places certain restriction on withdrawal for _______________ deposit. |
| A. | savings deposit |
| B. | demand deposit |
| C. | current account |
| D. | fixed deposit |
| Answer» A. savings deposit | |
| 3. |
______________ is the contribution made by the shareholders of the bank. |
| A. | loans & advances |
| B. | cash in hand |
| C. | bills discounted |
| D. | share capital |
| Answer» D. share capital | |
| 4. |
__________ was originally the home of commercial banking. |
| A. | u.s.a |
| B. | england |
| C. | britain |
| D. | germany |
| Answer» D. germany | |
| 5. |
____________ was initially the home of industrial or investment banking. |
| A. | italy |
| B. | england |
| C. | geneva |
| D. | germany |
| Answer» D. germany | |
| 6. |
The trend in India is towards ___________. |
| A. | mixed banking |
| B. | development banking |
| C. | commercial banking |
| D. | industrial banking |
| Answer» A. mixed banking | |
| 7. |
___________ to ___________ percent of total deposit is kept as cash reserve. |
| A. | 5 to 10 |
| B. | 11 to 15 |
| C. | 8 to 11 |
| D. | 9 to 11 |
| Answer» D. 9 to 11 | |
| 8. |
Commercial banks to expand deposit through expanding their loans and advances is known as ___________. |
| A. | credit creation |
| B. | trade discount |
| C. | deposit |
| D. | bank advances |
| Answer» A. credit creation | |
| 9. |
Rediscounting and giving advance the central bank changes interest at a rate which is known as __________ |
| A. | crr |
| B. | slr |
| C. | bank rate |
| D. | credit |
| Answer» C. bank rate | |
| 10. |
The nationalization of 14 commercial banks was on? |
| A. | 19 july, 1969 |
| B. | 15 aug, 1972 |
| C. | 15april, 1980 |
| D. | 19 jan, 1959 |
| Answer» A. 19 july, 1969 | |
| 11. |
The State Bank of India was established under the State Bank of India Act on? |
| A. | 1935 |
| B. | 1948 |
| C. | 1955 |
| D. | 1952 |
| Answer» C. 1955 | |
| 12. |
RBI introduced 14-day intermediate Treasury Bills and 14-day Treasury bills on? |
| A. | 1994 |
| B. | 1997 |
| C. | 1984 |
| D. | 1972 |
| Answer» B. 1997 | |
| 13. |
DIC stands for? |
| A. | deposit investment corporation |
| B. | deposit insurance corporation |
| C. | deposit industrial corporation |
| D. | development corporation of india |
| Answer» C. deposit industrial corporation | |
| 14. |
System of banking is guided by the Islamic Law called? |
| A. | islamic guide |
| B. | islamic banking |
| C. | banking regulation act |
| D. | shariat |
| Answer» D. shariat | |
| 15. |
Money at call and short notice is also known as? |
| A. | capital market |
| B. | inter bank call money market |
| C. | financial system |
| D. | financial call money |
| Answer» B. inter bank call money market | |
| 16. |
The process of credit creation by the banking system as a whole is termed as ? |
| A. | multiple credit creation |
| B. | primary deposit |
| C. | credit creation |
| D. | single bank credit system |
| Answer» A. multiple credit creation | |
| 17. |
The regulator of Indian Money market is? |
| A. | sbi |
| B. | commercial bank |
| C. | rbi |
| D. | sebi |
| Answer» C. rbi | |
| 18. |
The regulator of Indian Capital Market is? |
| A. | sebi |
| B. | sbi |
| C. | rbi |
| D. | commercial bank |
| Answer» A. sebi | |
| 19. |
Bridge Loan is also known as? |
| A. | swing loan |
| B. | term loan |
| C. | demand loan |
| D. | farm loan |
| Answer» A. swing loan | |
| 20. |
182-day Treasury bill was introduced in Indian Money Market in? |
| A. | 19992 |
| B. | 1972 |
| C. | 1987 |
| D. | 1952 |
| Answer» C. 1987 | |
| 21. |
CIBIL stands for? |
| A. | credit information bureau ltd |
| B. | credit information banking india ltd |
| C. | credit investment bureau india ltd |
| D. | credit information bureau india ltd |
| Answer» D. credit information bureau india ltd | |
| 22. |
The value of money received today will be more than a rupee tomorrow is? |
| A. | time value of money |
| B. | present value of money |
| C. | future value of money |
| D. | compound value of money |
| Answer» A. time value of money | |
| 23. |
The interest computed on the principal for the entire period of borrowings? |
| A. | compound interest |
| B. | simple interest |
| C. | flat rate interest |
| D. | floating rate interest |
| Answer» B. simple interest | |
| 24. |
The periodical interval at which interest is added is called? |
| A. | floating period |
| B. | compounding period |
| C. | fixed period |
| D. | periodic payment |
| Answer» B. compounding period | |
| 25. |
________Act offer incentive to attract people to invest in housing property. |
| A. | sales tax |
| B. | income tax act 1961 |
| C. | banking regulations act |
| D. | co-operative societies act |
| Answer» B. income tax act 1961 | |
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