McqMate
1. |
The first chartered bank was established at--------------------- |
A. | japan |
B. | philadelphia |
C. | india |
D. | france. |
Answer» B. philadelphia |
2. |
The first chartered bank was established in the year -------------------- |
A. | 1781 |
B. | 1775 |
C. | 1870 |
D. | 1881. |
Answer» A. 1781 |
3. |
Bank is an institution which deals with -------------- |
A. | money |
B. | treatment |
C. | education |
D. | communication. |
Answer» A. money |
4. |
The word meaning of Banco is --------------- |
A. | heap |
B. | gold |
C. | deposit |
D. | loan. |
Answer» A. heap |
5. |
Bank of Hindustan was established at ------------------------- |
A. | bombay |
B. | chennai |
C. | kolkatta |
D. | bengal. |
Answer» A. bombay |
6. |
General Bank of India was established in ----------------------- |
A. | 1771 |
B. | 1775 |
C. | 1786 |
D. | 1780. |
Answer» C. 1786 |
7. |
Upper bank of India was established in ----------- |
A. | 1860 |
B. | 1870 |
C. | 1863 |
D. | 1865. |
Answer» C. 1863 |
8. |
Second phase of Indian banks were nationalized in |
A. | 1960 |
B. | 1969 |
C. | 1970 |
D. | 1869. |
Answer» B. 1969 |
9. |
The third phase of development banking in India started in early |
A. | 1980 |
B. | 1990 |
C. | 1960 |
D. | 1965. |
Answer» B. 1990 |
10. |
The apex institution in the financial system of a country is |
A. | central bank |
B. | state bank |
C. | national bank |
D. | federal bank. |
Answer» A. central bank |
11. |
Industrial bank also known as |
A. | investment bank |
B. | state bank |
C. | commercial bank |
D. | unit bank. |
Answer» A. investment bank |
12. |
SIDBI was established in the year: [a]1990 [b]1995 [c]1985 [d]1969. 16. RRBs are coming under |
A. | private sector |
B. | public sector |
C. | co-operative sector |
D. | domestic sector. |
Answer» A. private sector |
13. |
Initially central bank was established at |
A. | mumbai |
B. | chennai |
C. | new delhi |
D. | calcutta. |
Answer» D. calcutta. |
14. |
The central office of RBI is at ---------------------------- |
A. | mumbai |
B. | chennai |
C. | new delhi |
D. | calcutta. |
Answer» A. mumbai |
15. |
Central bank was nationalised in: [a]1949 [b] 1934 [c] 1935 [d] 1940. 20. RBI was established in the year------------------------- |
A. | 1935 |
B. | 1949 |
C. | 1934 |
D. | 1940. |
Answer» A. 1935 |
16. |
Which one is the banker’s bank? |
A. | rbi |
B. | federal bank |
C. | union bank |
D. | bank of india. |
Answer» A. rbi |
17. |
Which one is the custodian of foreign balances of country? |
A. | rbi |
B. | federal bank |
C. | union bank |
D. | bank of india. |
Answer» A. rbi |
18. |
Which one is the controller of credit? |
A. | rbi |
B. | federal bank |
C. | union bank |
D. | bank of india. |
Answer» A. rbi |
19. |
IFCI was established in the year................ |
A. | 1948 |
B. | 1956 |
C. | 1935 |
D. | 1934. |
Answer» A. 1948 |
20. |
Money market is a part of |
A. | capital market |
B. | rbi |
C. | sbt |
D. | financial market. |
Answer» D. financial market. |
21. |
Money market is a market for-------------------fund |
A. | short term fund |
B. | long term fund |
C. | secular fund |
D. | mid term fund. |
Answer» A. short term fund |
22. |
CDs was introduced in: |
A. | 1989 |
B. | 1982 |
C. | 1985 |
D. | 1990 |
Answer» A. 1989 |
23. |
Commercial papers were introduced in: |
A. | 1989 |
B. | 1982 |
C. | 1985 |
D. | 1990 |
Answer» D. 1990 |
24. |
Treasury bills are issued by |
A. | rbi |
B. | imf |
C. | ibrd |
D. | ifci. |
Answer» A. rbi |
25. |
Treasury bills are available for minimum amount of Rs.------------------- |
A. | 20000 |
B. | 25000 |
C. | 10000 |
D. | 30000. |
Answer» B. 25000 |
26. |
The government of India passed the SFC Act in --------------------- |
A. | 1951 |
B. | 1960 |
C. | 1945 |
D. | 1950. |
Answer» A. 1951 |
27. |
Maturity period of CDs ranges from |
A. | above 1 year |
B. | 3 months to 1 year |
C. | 5 month |
D. | 1 month. |
Answer» B. 3 months to 1 year |
28. |
MMMFs was introduced by |
A. | rbi |
B. | commercial bank |
C. | adb |
D. | idbi. |
Answer» A. rbi |
29. |
MMMFs was introduced in |
A. | 1990 |
B. | 1991 |
C. | 1992 |
D. | 1993 |
Answer» C. 1992 |
30. |
The goal of MMMFs was to provide short term avenue to: |
A. | farmers |
B. | businessmen |
C. | investors |
D. | unemployed |
Answer» C. investors |
31. |
DFHI was set up in |
A. | 1988 |
B. | 1982 |
C. | 1956 |
D. | 1948. |
Answer» A. 1988 |
32. |
REPO rate was introduced in |
A. | 1990 |
B. | 1992 |
C. | 1982 |
D. | 1980. |
Answer» B. 1992 |
33. |
On 29th September 2015 repo rate is |
A. | 6.75 |
B. | 6.25 |
C. | 6 |
D. | 6.5 |
Answer» A. 6.75 |
34. |
Reverse repo is introduced in |
A. | january 1996 |
B. | april1996 |
C. | november 1996 |
D. | december 1996. |
Answer» C. november 1996 |
35. |
On 29th September 2015 reverse repo rate is |
A. | 5.75 |
B. | 6.25 |
C. | 5 |
D. | 6.5 |
Answer» A. 5.75 |
36. |
Find odd one |
A. | e-banking |
B. | virtual banking |
C. | online banking |
D. | m-banking. |
Answer» D. m-banking. |
37. |
Find odd one |
A. | chit funds |
B. | nidhis |
C. | finance companies |
D. | indigeneous bankers. |
Answer» D. indigeneous bankers. |
38. |
On 29th September 2015 bank rate is |
A. | 5.75 |
B. | 6.25 |
C. | 7.75 |
D. | 6.5 |
Answer» C. 7.75 |
39. |
On 29th September 2015 the percentage of CRR is |
A. | 4.75 |
B. | 4 |
C. | 4.5 |
D. | 6.5 |
Answer» B. 4 |
40. |
On 29th September 2015 the SLR is |
A. | 20 |
B. | 21.5 |
C. | 21 |
D. | 20.5. |
Answer» C. 21 |
41. |
The method of banking in which customers conduct transaction through internet |
A. | mobile bank |
B. | e-bank |
C. | e-commerce. |
D. | tele banking. |
Answer» B. e-bank |
42. |
Voice recognition capability can be through |
A. | e-banking |
B. | tele banking |
C. | m-banking |
D. | sms banking. |
Answer» C. m-banking |
43. |
Consortium means ------------------------- |
A. | partnership |
B. | owner |
C. | manager |
D. | individual. |
Answer» A. partnership |
44. |
Banking with a conscience is -------------------- |
A. | tele banking |
B. | social banking |
C. | sms banking |
D. | m-banking. |
Answer» B. social banking |
45. |
Ethical Banking is -------------------- |
A. | tele banking |
B. | social banking |
C. | sms banking |
D. | m-banking. |
Answer» B. social banking |
46. |
Alternative Banking is -------------------- |
A. | tele banking |
B. | social banking |
C. | sms banking |
D. | m-banking. |
Answer» B. social banking |
47. |
Civic Banking is -------------------- |
A. | tele banking |
B. | social banking |
C. | sms banking |
D. | m-banking. |
Answer» B. social banking |
48. |
Sustainable Banking is -------------------- |
A. | tele banking |
B. | social banking |
C. | sms banking |
D. | m-banking. |
Answer» B. social banking |
49. |
Which one serves as a form of revolving credit? |
A. | social bank |
B. | debit card |
C. | credit card |
D. | e-purse. |
Answer» C. credit card |
50. |
ATM and debit cards are combined in to a single card called |
A. | bank card |
B. | atm |
C. | credit card |
D. | e-purse. |
Answer» C. credit card |
51. |
NEFT is ---------------------- payment system facilitating one to one fund transfer. |
A. | nationwide |
B. | state wide |
C. | region wise |
D. | district wise. |
Answer» A. nationwide |
52. |
The minimum amount to be remitted through RTGS is R.S |
A. | 2 lakh |
B. | 5 lakh |
C. | 10 lakh |
D. | 1 lakh. |
Answer» A. 2 lakh |
53. |
NEFT operates in ---------------- batches |
A. | hourly |
B. | daily |
C. | weekly |
D. | monthly. |
Answer» A. hourly |
54. |
CTS in India is a project undertaken by ------------------- |
A. | sbt |
B. | pnb |
C. | sib |
D. | rbi. |
Answer» D. rbi. |
55. |
CTS in INDIA is undertaken during |
A. | 2000 |
B. | 2005 |
C. | 2008 |
D. | 2010. |
Answer» C. 2008 |
56. |
RBI first implemented CTS at [a] Delhi [b] Kolkata [c] Mumbai [d] Bangalore. 63. CTS operation started across the country in |
A. | 2000 |
B. | 2008 |
C. | 2014 |
D. | 2010 |
Answer» A. 2000 |
57. |
The banking ombudsman scheme is introduced under ----------------- section of banking regulation Act |
A. | 35 a |
B. | 35 |
C. | 25 |
D. | 73. |
Answer» A. 35 a |
58. |
The banking ombudsman scheme is introduced by |
A. | rbi |
B. | prime minister |
C. | finance minister |
D. | president. |
Answer» A. rbi |
59. |
The banking ombudsman scheme working is effect from |
A. | 1990 |
B. | 1995 |
C. | 2000 |
D. | 2005. |
Answer» B. 1995 |
60. |
Narasimham committee submitted its report in------------------ |
A. | january 1991 |
B. | march 1991 |
C. | september 1991 |
D. | november 1991. |
Answer» D. november 1991. |
61. |
Narasimham committee II submitted its report in------------------ |
A. | 1998 |
B. | 1992 |
C. | 1995 |
D. | 1990 |
Answer» A. 1998 |
62. |
Insurance is a----------------------------------------- |
A. | charity |
B. | gambling |
C. | a contract |
D. | discount . |
Answer» A. charity |
63. |
The Indian Marine Insurance Act was passed in |
A. | 1963 |
B. | 1774 |
C. | 1779 |
D. | 1781. |
Answer» A. 1963 |
64. |
Marine insurance was first started in |
A. | italy |
B. | germany |
C. | france |
D. | india. |
Answer» A. italy |
65. |
Lloyd’s Association formed policy in the year |
A. | 1779 |
B. | 1970 |
C. | 1875 |
D. | 1995. |
Answer» A. 1779 |
66. |
Fire insurance was firstly used at----------------------------- |
A. | italy |
B. | germany |
C. | india |
D. | france |
Answer» B. germany |
67. |
Fire Insurance Company opened in London by |
A. | nicholas borban |
B. | crowther |
C. | shyer |
D. | kevin |
Answer» A. nicholas borban |
68. |
First fire insurance company opened at |
A. | london |
B. | italy |
C. | germany |
D. | france |
Answer» A. london |
69. |
In India first fire insurance company was established in |
A. | 1850 |
B. | 1870 |
C. | 1860 |
D. | 1890 |
Answer» A. 1850 |
70. |
The first life insurance policy was issued in the year |
A. | 1653 |
B. | 1675 |
C. | 1850 |
D. | 1665. |
Answer» A. 1653 |
71. |
As an institution life insurance was established in |
A. | 1653 |
B. | 1679 |
C. | i1769 |
D. | 1980. |
Answer» B. 1679 |
72. |
LIC was established on September |
A. | 1952 |
B. | 1956 |
C. | 1948 |
D. | 1964. |
Answer» B. 1956 |
73. |
In India Insurance Act was passed in |
A. | 1912 |
B. | 1990 |
C. | 1969 |
D. | 1964. |
Answer» A. 1912 |
74. |
The first Indian Insurance company started in the year |
A. | 1882 |
B. | 1956 |
C. | 1850 |
D. | 1982. |
Answer» C. 1850 |
75. |
Life insurance business was nationalized in the year |
A. | 1956 |
B. | 1948 |
C. | 1850 |
D. | 1912. |
Answer» A. 1956 |
76. |
General insurance business Act was passed in |
A. | 1972 |
B. | 1856 |
C. | 1850 |
D. | 1948. |
Answer» A. 1972 |
77. |
Indian fire insurance was started in the year |
A. | 1805 |
B. | 1810 |
C. | 1825 |
D. | 1850. |
Answer» C. 1825 |
78. |
In India , fire insurance was started at ----------------- |
A. | madras |
B. | kolkata |
C. | cochin |
D. | mumbai. |
Answer» A. madras |
79. |
General insurance business act was came in to force from the year |
A. | 1973 ` |
B. | 1970 |
C. | 1972 |
D. | 1980. |
Answer» A. 1973 ` |
80. |
Find odd one; On the basis of risk insurance can be |
A. | personal |
B. | property |
C. | social insurance |
D. | guarantee |
Answer» C. social insurance |
81. |
Burglary insurance firstly developed at------------------- |
A. | u.k |
B. | u.s |
C. | japan |
D. | france. |
Answer» A. u.k |
82. |
Burglary insurance firstly developed in ------------------ |
A. | 1887 |
B. | 1857 |
C. | 1882 |
D. | 1779. |
Answer» A. 1887 |
83. |
General insurance were nationalised in the year |
A. | 1972 |
B. | 1872 |
C. | 1782 |
D. | 1852. |
Answer» A. 1972 |
84. |
When an insurer transfers a part of risks on particular policy by insuring it with some others. Then it is called--------------- |
A. | insurance |
B. | association |
C. | re –insurance |
D. | mutual companies. |
Answer» C. re –insurance |
85. |
IRDA was passed in the year |
A. | 1990 |
B. | 1992 |
C. | 1995 |
D. | 1999. |
Answer» D. 1999. |
86. |
IRDA permitted co-operative insurance organisation in the year |
A. | 2000 |
B. | 2002 |
C. | 2004 |
D. | 2005. |
Answer» D. 2005. |
87. |
The institution which promote international trade |
A. | sfc |
B. | icici |
C. | idbi |
D. | exim bank. |
Answer» D. exim bank. |
88. |
Those banking have large scale operations and geographical spreading of risks |
A. | mixed banking |
B. | unit banking |
C. | branch banking |
D. | chain banking. |
Answer» C. branch banking |
89. |
The number of banks nationalised in 1969 |
A. | 10 |
B. | 14 |
C. | 16 |
D. | 20. |
Answer» B. 14 |
90. |
Unit banking is referred to as |
A. | local banking |
B. | branch banking |
C. | mixed banking |
D. | central bank. |
Answer» A. local banking |
91. |
The number of banks nationalised in 1980 |
A. | 10 |
B. | 14 |
C. | 6 |
D. | 20. |
Answer» C. 6 |
92. |
The institution which promote agriculture and rural development |
A. | nabard |
B. | rrb |
C. | sidbi |
D. | ifci. |
Answer» A. nabard |
93. |
Imperial bank was nationalised in the year |
A. | 1950 |
B. | 1955 |
C. | 1956 |
D. | 1958. |
Answer» B. 1955 |
94. |
The rate at which Central Bank grant loans to the commercial banks against the security is : |
A. | repo rate |
B. | reverse repo |
C. | bank rate |
D. | discounting bills. |
Answer» C. bank rate |
95. |
The national housing bank was established in the year |
A. | 1980 |
B. | 1982 |
C. | 1988 |
D. | 1990. |
Answer» C. 1988 |
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