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101. |
Net interest income is |
A. | interest earned on advances |
B. | interest earned on investment |
C. | total interest earn |
D. | on advances and investment |
Answer» D. on advances and investment |
102. |
The ……….is an important function of a bank and this function distinguishes banks from the non banking institution. |
A. | accepting deposit |
B. | lending money |
C. | creation of credit |
D. | agency service |
Answer» C. creation of credit |
103. |
………..function are the core activities of banking. |
A. | agency and general utility |
B. | borrowing and lending |
C. | accepting deposit a |
D. | borrow money |
Answer» B. borrowing and lending |
104. |
Banks lend to special purpose vehicles (SPVs)in the private sector registered under………… for directly undertaking infrastructure projects. |
A. | reserve bank of india |
B. | state bank of india |
C. | local courts |
D. | companies act. |
Answer» D. companies act. |
105. |
Banks categorised housing loan ,education loan etc. as……… |
A. | wholesale loan |
B. | retail loan |
C. | risk loan |
D. | personal loan |
Answer» B. retail loan |
106. |
Banks extend need based working capital facilities as well as term loans to all NBFCs registered with……… |
A. | companies act. |
B. | state bank of india |
C. | commercial bank |
D. | reserve bank of india |
Answer» D. reserve bank of india |
107. |
Investment of banks in Govt. securities and other approved securities is categorised as …… |
A. | lending |
B. | slr-investment |
C. | non-slr investment |
D. | anbc |
Answer» B. slr-investment |
108. |
Interest rate risk is a type of |
A. | credit risk |
B. | market risk |
C. | operational risk. |
D. | all of the above |
Answer» B. market risk |
109. |
Which of the following is not a motive for the companies to hold cash |
A. | transactional motive |
B. | precautionary motive |
C. | lack of proper synchronization between cash inflows a |
D. | outflows |
Answer» D. outflows |
110. |
VaR means |
A. | value of business at risk |
B. | value at risk |
C. | volume on risk |
D. | value as risk. |
Answer» B. value at risk |
111. |
In an inflationary trend ,the pricing of the bank products are |
A. | decreasing trend |
B. | constant |
C. | increasing tre |
D. | d.no relevance. |
Answer» C. increasing tre |
112. |
……….is a place where inter bank claims arising on account of cheques received for collection by each bank drawn against other banks are settled. |
A. | investment house |
B. | issuehouse |
C. | bankers clearing house |
D. | none of these |
Answer» C. bankers clearing house |
113. |
The primery function of central bank is to………….of the country. |
A. | control the system |
B. | regulate the monetary system |
C. | plan the monetary system |
D. | none of these |
Answer» B. regulate the monetary system |
114. |
Every central bank has the monopoly right of………. |
A. | moral suasion |
B. | note issue |
C. | direct action |
D. | credit regulation |
Answer» B. note issue |
115. |
Open market operation is another important…………… wepon of credit control.? |
A. | qualitative |
B. | normal |
C. | quantitative |
D. | none of the above |
Answer» C. quantitative |
116. |
……………… is a method of credit control adopted by the modern central banks? |
A. | consumer credit |
B. | margin requirements |
C. | variable reserve ratio. |
D. | rationing of credit, |
Answer» C. variable reserve ratio. |
117. |
The Govt.of India set up the ……….committee(1991) to examine all aspects relating to structure ,organisation and the functioning of the Indian banking system. |
A. | narasimham |
B. | malhotra |
C. | vadia |
D. | smith |
Answer» A. narasimham |
118. |
How many banks were in second phase of nationalisation? |
A. | 4 |
B. | 5 |
C. | 6 |
D. | 7 |
Answer» C. 6 |
119. |
……….is automation of banks across multiple –delivery channels. |
A. | anbc |
B. | obe |
C. | naba |
D. | (d) cbs |
Answer» D. (d) cbs |
120. |
……….was the first public sector bank to tap the equity market in December 1993 |
A. | sbt |
B. | pnb |
C. | sbi |
D. | boi |
Answer» C. sbi |
121. |
Large value payment system consist of |
A. | ecs |
B. | rtgs |
C. | neft |
D. | obe |
Answer» B. rtgs |
122. |
………..may be defined as an exposure to a transaction with loss ,which occurs with some probability and which can be expected, measured and minimised. |
A. | profit |
B. | loss |
C. | risk |
D. | opportunity |
Answer» C. risk |
123. |
What is CRR? |
A. | cash reserve ratio |
B. | current ratio rate |
C. | review report |
D. | credit rating record |
Answer» A. cash reserve ratio |
124. |
………….. banks are those banks which are incorporated outside India and their head office are also situated outside India. |
A. | foreign exchange bank |
B. | schedule bank |
C. | non-schedul |
D. | bank |
Answer» A. foreign exchange bank |
125. |
Banks have adopted asset-liability management and stress testing as a tool of ………. |
A. | profit management |
B. | risk management |
C. | loss management |
D. | opportunity management |
Answer» B. risk management |
126. |
Which of the following NBFC converted itself into a commercial Bank? |
A. | tata finance |
B. | reliance capital trust |
C. | birla mutual |
D. | kotak mahindra |
Answer» D. kotak mahindra |
127. |
Which is the current revision & year of UCPDC? |
A. | ucpdc 500, 1993 |
B. | ucodc 400, 1993 |
C. | ucpdc 300, 1973 |
D. | none of these |
Answer» A. ucpdc 500, 1993 |
128. |
The rate of which discounting the bills of first class banks is done by RBI is called |
A. | bank rate |
B. | prime lending rate |
C. | loan rate |
D. | discounting rate |
Answer» A. bank rate |
129. |
Banking ombudsman has been constituted under which act? |
A. | banking regulation act |
B. | rbi act |
C. | sbi act |
D. | copra |
Answer» B. rbi act |
130. |
The major objective of ……..was to ensure financial safety, soundness, and solvency of banks |
A. | prudential norms |
B. | risk norms |
C. | profit norms |
D. | none of these |
Answer» A. prudential norms |
131. |
A unit of the Unit Trust of India is a |
A. | share |
B. | debenture |
C. | negotiabl |
D. | instrument |
Answer» D. instrument |
132. |
Indian Banks Association (IBA) has a common net working system forsharing the ATM facilities in Mumbai, which is known as |
A. | atm network |
B. | shared payment network system |
C. | cash network |
D. | none of these |
Answer» B. shared payment network system |
133. |
Arbitrage is |
A. | buying and selling in two markets simultaneously |
B. | a rate of interest |
C. | a fe |
D. | arbitrage is a dispute |
Answer» A. buying and selling in two markets simultaneously |
134. |
E E F C denotes |
A. | exchange earners foreign currency account |
B. | importer’s account with bank |
C. | account maintain |
D. | by a exporter with rbi |
Answer» A. exchange earners foreign currency account |
135. |
For which of the following currencies is the Indian rupee quotedagainst 100 units of the foreign currency |
A. | deutsche mark |
B. | pound |
C. | japanese yen |
D. | us dollars |
Answer» C. japanese yen |
136. |
Exchange risk in case of foreign currency Non Resident (Banks)scheme (FCNB) is borne by |
A. | rbi |
B. | depositor |
C. | govt. of india |
D. | concerned bank |
Answer» D. concerned bank |
137. |
Consortium Advances refer to |
A. | concurrent borrowings |
B. | multiple financing |
C. | joint financing by more than one bank |
D. | financing of consignment business |
Answer» C. joint financing by more than one bank |
138. |
NABARD refinance for financing Self Help Groups is to the extent of |
A. | 25% |
B. | 50% |
C. | 75% |
D. | 100% |
Answer» D. 100% |
139. |
The term Allonge refers to |
A. | the sheets of paper used in writing a deed |
B. | the stamps affixed on document |
C. | a sheet of paper attach |
D. | to mortgage deed for the purpose of witness |
Answer» D. to mortgage deed for the purpose of witness |
140. |
……………is a system of banking in which one bank carries on its business through a network of branches spread all over the country. |
A. | chain banking |
B. | unit banking |
C. | branch banking |
D. | none of these |
Answer» C. branch banking |
141. |
As the credit card gives the overdraft facilities and additional………….power to customer. |
A. | lending |
B. | deposit |
C. | borrowing |
D. | creating |
Answer» C. borrowing |
142. |
………..represents short-term loans granted either to the discount houses or to other banks which are obtainable at call. |
A. | balance with other banks |
B. | money at call and short notice |
C. | bills discount |
D. | cash in hand |
Answer» B. money at call and short notice |
143. |
Banking ombudsman means |
A. | person appointed to recover dues from defaulting borrowers |
B. | a person to whom customer can approach for redress of his grievances |
C. | a person appoint |
D. | to settle dispute between employees and management |
Answer» B. a person to whom customer can approach for redress of his grievances |
144. |
NGO is the term associated with |
A. | shg |
B. | pmry |
C. | seeuy |
D. | agri. advances |
Answer» A. shg |
145. |
Full form of SLR |
A. | statutory liquidity ratio |
B. | state level recovery |
C. | sundry leverage ratio |
D. | state liquidity reserve |
Answer» A. statutory liquidity ratio |
146. |
C.R.A. in banking parlance stands for |
A. | credit rating association |
B. | credit rating agency |
C. | credit risk assessment |
D. | none of these |
Answer» C. credit risk assessment |
147. |
E.P.S. in share market stands for |
A. | earning per share |
B. | electronic payment system |
C. | employee pension scroll |
D. | equated payment system |
Answer» A. earning per share |
148. |
The Securitization and Reconstruction of Financial Asset and enforce of Security Interest Act came into force from |
A. | 21.08.02 |
B. | 21.06.02 |
C. | 21.07.02 |
D. | 21.12.02 |
Answer» B. 21.06.02 |
149. |
The powers of the Board of Directors to borrow from the bank are mentioned in |
A. | article of association |
B. | memorandum of association |
C. | special resolution |
D. | a & b |
Answer» B. memorandum of association |
150. |
The currency Euro has been introduced w.e.f. |
A. | 01.01.99 |
B. | 01.01.2000 |
C. | 01.08.99 |
D. | 01.03.99 |
Answer» A. 01.01.99 |
151. |
Who is authorized to permit premature closer of PPF A/c |
A. | rbi |
B. | ministry of finance department of economic affairs |
C. | chairman of concerning bank |
D. | none of these |
Answer» B. ministry of finance department of economic affairs |
152. |
What is USGAAP? |
A. | united states generally accepted accounting principles |
B. | union state generous agreement & accounting principles |
C. | unit |
D. | state general allies & army practices |
Answer» A. united states generally accepted accounting principles |
153. |
What is the average percentage of Banking transactions through non- branch route in private sector Banks |
A. | 50% |
B. | 60% |
C. | 70% |
D. | 65% |
Answer» C. 70% |
154. |
The C D Ratio of all schedule commercial Banks as on June 2003stood at |
A. | 51% |
B. | 57% |
C. | 53% |
D. | 65% |
Answer» B. 57% |
155. |
The Gross NPA percentage of the following country is highest in Asia |
A. | india |
B. | china |
C. | malaysia |
D. | indonesia |
Answer» B. china |
156. |
Credit Risk Assessment of the borrowal units is for |
A. | assessing the repayment capacity |
B. | to fix the pricing of the product |
C. | to review the units performance |
D. | none of these |
Answer» B. to fix the pricing of the product |
157. |
To be categorized as a schedule Bank the minimum capital & reserve required is |
A. | rs. 10 lacs |
B. | rs. 5 lacs |
C. | rs. 20 lacs |
D. | rs. 7 lacs |
Answer» B. rs. 5 lacs |
158. |
For Business process re-engineering and IT strategy which bank has employed ‘Gartner |
A. | b |
B. | sbi |
C. | pnb |
D. | bom |
Answer» A. b |
159. |
The objective of Government to appoint Narsimhan Committee is |
A. | to strengthen the banking system |
B. | to improve customer service |
C. | to strengthen the credit portfolio |
D. | none of these |
Answer» A. to strengthen the banking system |
160. |
Which Bank has recently tied up with Apollo Hospital for financing medical facilities |
A. | icici |
B. | hd |
C. | bob |
D. | sbi |
Answer» D. sbi |
161. |
The full form of RBS is |
A. | risk based supervision |
B. | rating by system |
C. | role bas |
D. | supervision |
Answer» A. risk based supervision |
162. |
………….prescribes two tiers of capital for the banks. |
A. | basel-i |
B. | basel-ii |
C. | basel-iii |
D. | none of these |
Answer» A. basel-i |
163. |
Pricing is equals to |
A. | cost of the product |
B. | break even point of the firm |
C. | function of risk rating |
D. | all of the above |
Answer» C. function of risk rating |
164. |
Under the Banking Ombudsman scheme the value of claim shouldn't exceed |
A. | 5 lac |
B. | 10 l |
C. | 15 lac |
D. | 20 lac |
Answer» D. 20 lac |
165. |
Which Bank has introduced ‘Pre-paid Card’ first |
A. | obc |
B. | bob |
C. | corporation bank |
D. | sbi |
Answer» A. obc |
166. |
The minimum Capital Adequacy Ratio currently fixed by RBI for Banksis |
A. | 12% |
B. | 10% |
C. | 9% |
D. | 11% |
Answer» C. 9% |
167. |
Who can fix the interest rates of NRE & FCNB deposits ? |
A. | rbi |
B. | banks, as per the directive of rbi |
C. | govt. of india |
D. | iba |
Answer» B. banks, as per the directive of rbi |
168. |
The following is not a housing finance intermediary agency |
A. | hdfc |
B. | hudco |
C. | nhb |
D. | sidco |
Answer» D. sidco |
169. |
Who is authorised to issue coin in India |
A. | rbi |
B. | ministry of finance |
C. | sbi |
D. | none of these |
Answer» B. ministry of finance |
170. |
Bank can change interest rate without reference to its PLR in thefollowing |
A. | housing loans |
B. | nre/ fcnb deposits |
C. | personal loans |
D. | educational loans |
Answer» B. nre/ fcnb deposits |
171. |
The maximum penal rate of interest that can be charged is restrictedto |
A. | 2 % |
B. | 3 % |
C. | maximum spre |
D. | announced over plr |
Answer» C. maximum spre |
172. |
Banks can change rate of interest beyond spread announced by themon advances granted to |
A. | film companies |
B. | chit funds |
C. | nbfc s |
D. | hotels |
Answer» C. nbfc s |
173. |
To which category of customers are banks prohibited to sanctionloans against shares and debentures? |
A. | institutions |
B. | psus |
C. | banks |
D. | trust and endowments |
Answer» D. trust and endowments |
174. |
What should be the method of valuation for advances againstshares/ debentures / bonds? |
A. | face value |
B. | market price |
C. | book value |
D. | average value |
Answer» B. market price |
175. |
Which kind of bills should not be discounted by banks as per RBIregulation? |
A. | customs duty |
B. | installation charges |
C. | sale of goods |
D. | purchase of books |
Answer» A. customs duty |
176. |
What action is taken if one of the customers tenders forged note? |
A. | he is sent to prison |
B. | note is returned with remark, forged note |
C. | note is impound |
D. | note is torn |
Answer» C. note is impound |
177. |
Head quarter of ADB is situated at |
A. | new york |
B. | chicago |
C. | manila |
D. | tokyo |
Answer» C. manila |
178. |
Indian Companies have been allowed to invest upto US$ ---abroad |
A. | 10 million |
B. | 15 million |
C. | 5 million |
D. | 20 million |
Answer» A. 10 million |
179. |
As per Basel-I ………..capital can absorb losses without a bank being required to cease trading. |
A. | tier-i |
B. | tier-ii |
C. | tier-iii |
D. | none of these |
Answer» A. tier-i |
180. |
Which of the following definition is most correct. UCPDC 500 is |
A. | set of rules applicable to cc transactions |
B. | set of rules having 500 article |
C. | set of rules fram |
D. | by icc governing lc business globally |
Answer» C. set of rules fram |
181. |
If market quotes USD/INR as 43.61/63 ,at what rate can you buy USD at the given quote. |
A. | 43.61 |
B. | 43.62 |
C. | 43.63 |
D. | none of the above |
Answer» C. 43.63 |
182. |
A new category of scheduled banks came into existence in 1975 as RRBs under the ……… |
A. | regional rural banks ordinance,1975. |
B. | regional reconstruction banks ordinance,1975. |
C. | register |
D. | rural banks ordinance,1975. |
Answer» A. regional rural banks ordinance,1975. |
183. |
The three banks recently have entered in a Mega ATM sharing pact. They are |
A. | sbi, icici, & b |
B. | sbi, icici, hd |
C. | icici, andhra bank, hdfc |
D. | andhra bank, canara bank, sbi |
Answer» B. sbi, icici, hd |
184. |
Devaluation of currency stands for |
A. | reducing the value of internal currency in terms of foreign currency |
B. | increasing the value of indian currency in terms of foreign currency |
C. | keeping the value of internal currency constant in terms of foreign currency |
D. | none of these |
Answer» A. reducing the value of internal currency in terms of foreign currency |
185. |
Pari Passu charge refers to a charge |
A. | ranking in priority, regardless of quantum of advances |
B. | merely notional in nature |
C. | ranking equally in priority in proportion to the lender’s share of advance |
D. | none of these |
Answer» C. ranking equally in priority in proportion to the lender’s share of advance |
186. |
What are the four categories as per Kapur Committee recommendations for loan applications under SSI segment |
A. | upto 2 lacs, upto 15 lacs, upto 25 lacs, and above 25 lacs |
B. | upto 10 lacs, upto 25 lacs, upto 50 lacs and above 50 lacs |
C. | upto 2 lacs, upto 1 crores, upto 2 crores, a |
D. | above 2 crores |
Answer» A. upto 2 lacs, upto 15 lacs, upto 25 lacs, and above 25 lacs |
187. |
The area of operation of …………banks are maximum of three geographically neighbouring districts and they are allowed to open branches only in their area of operation. |
A. | local area banks |
B. | co-operative banks |
C. | rrb |
D. | foreign exchange banks |
Answer» A. local area banks |
188. |
The banker advances money against immovable property only when the property is ……….to the banker. |
A. | loan |
B. | mortgaged |
C. | pledg |
D. | hypothicated |
Answer» B. mortgaged |
189. |
EXIM Bank was set up on |
A. | january1, 1982 |
B. | january 26,1989 |
C. | march 15,1981 |
D. | march15,1982 |
Answer» A. january1, 1982 |
190. |
Which commission recommented the foundation of RBI |
A. | sarkaria commission |
B. | hilton young commission |
C. | narasimha commission |
D. | none of these |
Answer» B. hilton young commission |
191. |
At what frequency can Banks pay interest on Saving Bank Account asper RBI guidelines |
A. | monthly |
B. | quarterly |
C. | half yearly |
D. | yearly |
Answer» C. half yearly |
192. |
The VSAT communication network for banks and financial institutionslaunched by RBI is known as |
A. | swift |
B. | sbi net |
C. | bank net |
D. | infinet |
Answer» D. infinet |
193. |
………………..is a transaction where by money is borrowed by the debtor on the security of the movable property. |
A. | hypothication |
B. | mortage |
C. | pledge |
D. | charge |
Answer» A. hypothication |
194. |
Most modern banking systems are based on |
A. | money of intrinsic value. |
B. | commodity money. |
C. | 100 percent reserves |
D. | fractional reserves. |
Answer» D. fractional reserves. |
195. |
Which bank has become the first foreign bank to open a branch inIsrael's diamond exchange: |
A. | american express bank |
B. | citibank |
C. | standa |
D. | chartered bank |
Answer» D. chartered bank |
196. |
RBI controls money market qualitatively through |
A. | open market operation |
B. | selective credit control |
C. | bank rate |
D. | none of the above. |
Answer» B. selective credit control |
197. |
What was established in Kolkata on 1 st April 1935 in accordance with the provision of an act of the same name passed in 1934? |
A. | sbi |
B. | rbi |
C. | icici |
D. | idbi |
Answer» B. rbi |
198. |
What unique distinction do the General Bank of India and the Bank of Hindustan founded in and around 1786 posses in the context of Indian banking history? |
A. | they are not registered banks |
B. | they are owned by rbi |
C. | they are first indian banks |
D. | they are nationalized banks. |
Answer» C. they are first indian banks |
199. |
The Imperial Bank of India was re-named on 30th April 1955 as what? |
A. | sbi |
B. | rbi |
C. | icici |
D. | idbi |
Answer» A. sbi |
200. |
Which bank operates on behalf of the SBI in Nigeria and was established in 1981? |
A. | sbi |
B. | rbi |
C. | icici |
D. | inmb |
Answer» D. inmb |
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