(a) Standard
(b) Standard and Sub-Standard
(c) Sub-Standard or Doubtful
(d) Standard or Sub-Standard or Doubtful
(e) None of these
2. The amount of advance which may be granted against the security of a life insurance policy depends on:
(a) the amount of the insurance policy
(b) the surrender value of the policy
(c) the paid-up value of the policy
(d) the total amount of premiums paid
(e) None of these
3. Consent of RBI is necessary before transferring funds from one chest to another; because:
(a) RBI is the owner of the Chest
(b) RBI arranges transit insurance
(c) Police protection is arranged
(d) Details to be kept a secret
(e) None of these
4. Due date for repayment of a crop loan is crop growing period, plus:
(a) 4 months for marketing
(b) 3 months for marketing
(c) 2 months for marketing
(d) 1 months for marketing
(e) None of these
5. Pillars of BASEL-II are:
(a) Minimum capital ratio
(b) Supervisory review
(c) Market discipline
(d) All of these
(e) None of these
6. When the date of the cheque is later than the date on which it is presented for payment, the cheque is known as:
(a) stale cheque
(b) invalid cheque
(c) ante-dated cheque
(d) post dated cheque
(e) None of these
7. Term Deposits Receipt is:
(a) transferable by endorsement and delivery
(b) transferable by assignment
(c) cannot be transferred
(d) not negotiable
(e) None of these
8. The concept of "Narrow Banking" was recommended by:
(a) Khan Committee
(b) Nayak Committee
(c) Sodhani Committee
(d) Tarapore & Narasimham Committee
(e) None of these
9. The level of activity at which total revenue cost equals total sale value or when there is a "no profit" or "no loss" situation, it is known as:
(a) Break Even Point
(b) Operating Profit
(c) Gross Profit
(d) Net Profit
(e) None of these
10. What are the main objectives of Consumer Protection Act, 1986:
(a) To provide better protection of the interest of consumers
(b) Settlement of consumer disputes
(c) To deal with other connected matters
(d) All of the above
(e) None of these
11. The services under the Consumer Protection includes:
(a) Banking, Financing and Insurance
(b) Transport and Processing
(c) Supply of electrical and other energy
(d) All of the above
(e) None of these
12. Economic Order Quantity is a method of:
(a) managing raw materials
(b) managing finished goods
(c) managing debtors
(d) managing creditors
(e) None of these
13. A cheque can be paid in cash even after business hours when it is presented by:
(a) a person known to bank officals
(b) any person
(c) the drawer
(d) the payee
(e) None of these
14. A mortgage involves:
(a) transfer of ownership
(b) transfer of possession
(c) transfer of interest
(d) All of the above
(e) None of these
15. Agricultural Term Loan is repaid out of:
(a) cash accrual
(b) sale proceeds of crop
(c) net incremental income
(d) annual savings of the farmer
(e) None of these
Answers
1. Standard and Sub-Standard
2. the surrender value of the policy
3. RBI is the owner of the Chest
4. 2 months for marketing
5. All of these
6. post dated cheque
7. transferable by assignment
8. Tarapore & Narasimham Committee
9. Break Even Point
10. All of the above
11. All of the above
12. managing raw materials
13. the drawer
14. transfer of interest
15. net incremental income
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