Which of the following rates decided by the RBI is called "Policy Rate "?
(a) Lending Rate
(b) Cash Reserve Ratio
(c) Bank Rate
(d) Deposit Rate
Loan Given by the banks to farmers/small shop owners etc. is known as......
(a) Corporate loan
(b) Business loan
(c) Priority sector loan
(d) Commercial Loan
Ques 3,
The Head office of which of the following banks is in Mumbai ?
(a) Punjab National Bank
(b) Bank of Maharashtra
(c) UCO Bank
(d) Union Bank of India
Ques 4.
Which of the following is NOT a type of cheque issued by an individual?
(a) Bearer cheque
(b) Order cheque
(c) Crossed cheque
(d) Savings cheque
Ques 5.
what is Financial inclusion ?
(a) To provide a permanent employment to the unemployment
(b) To provide a 100 days job to all those who are in need of a job
(c) To provide banking services to all living in remote areas
(d) To ensure that all financial transaction amounting Rs. 5,000/- and above are done through banks.
Ques 6.
which of the following places in india does not have a stock in India ?
(a) Kolkata
(b) Ahemdabad
(c) Mumbai
(d) Udaipur
Ques 7.
Which of the following is the name of private sector Bank in India ?
(a) IDBI Bank
(b) Axis Bank
(c) Corporation Bank
(d) UCO Bank
Ques 8.
In order to avoid crowing of customers wanting to withdraw cash in the branches, banks have provided many delivery channels. Which of the following is one of the most popular Channels of getting instant hard cash ?
(a) Core Banking Solution
(b) Pay orders
(c) Demand Drafts
(d) Automated Teller Machines.
Ques 9.
Current accounts can be freely opened by ................................. Find the incorrect answer.
(a) All NRIs
(b) All businessman
(c) Government department
(d) HUFs
Ques 10.
Many times we read in financial newspaper/magazines about Systematic Investment Plans (SIPs).
SIPs are an investment option also operated in the mode of :
(a) Mutual Funds
(b) Small Savings Schemes in Post Officers
(c) National Pension Fund
(d) National Saving Certificates
Ques 11.
Who amongst teh following has suggested to the bank in India to give details of fund transfer to customers via SMS/ E-mails?
(a) Reserve Bank of India (RBI)
(b) India Bank's Asscociation
(c) Indian Institute of Banking & Finance
(d) Securities & Exchange Board of India.
Ques 12.
Which of the following products launched by most of the banks help farmers in getting instant credit for various agricultural Purpose ?
(a) Kissan Credit Card
(b) Personal Loan
(c) Business Loan
(d) None of these
Ques 13.
Which of the following policies of the financial sectors is basically designed to treansferring loacl financial assets into foreign financial asset freely at market determined exchange rates ? Policy of :
(a) Capital Accounts Convertibility
(b) Financial Deficit Managament
(c) Minimum Support Price
(d) None of these
Ques 14.
Which of the following products of a bank is specifically designed to provide financial help to children in their higher studies in India or in a foreign nation?
(a) Personal Loan
(b) Corporate Loan
(c) Educational Loan
(d) Mortgage Loan
Ques 15.
A Bank/financial Organisation these days relies heavily on e-commerce for its transaction .As a part of system security .it has introduced organisation's security manual. This step of the organisation can be classified under which one of the following categories of measures for a business ?
(a) Preventive
(b) Compliance
(c) Corrective
(d) Detective
