advertisements

16.  RBI stipulates a healthy mix of CASA in the business figures of banks. What does it denote?

a

  None of the above

b

 Customer Analysis and Savings Pattern

c

 Current Account and Savings Account

d

 Cost Appreciation and Selling Analysis

e

 Credit and Savings Aggregate

Answer & Explanation
Answer : Option C
Explanation :

17.  Sub-prime refers to

a

  lending done by banks at rates below PLR

b

 None of the above

c

 lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards

d

 group of banks which are not rate as prime banks as per banker's almanac

e

 funds raised by the banks at sub libor rates

Answer & Explanation
Answer : Option C
Explanation :

18.  Which of the following rates is not decided by RBI?

a

  Bank rate

b

 Cash Reserve Ratio

c

 Base rate

d

 Reverse Repo rate

e

 Repo rate

Answer & Explanation
Answer : Option C
Explanation :

19.  Which bank came into existence in 1921 when three banks namely, Bank of Bengal (1806), Bank of Bombay (1840) and Bank of Madras (1843) were reorganised and amalgamated to form a single banking entity?

a

  Reserve Bank of India

b

 None of the above

c

 Punjab National Bank

d

 Imperial Bank of India

e

 State Bank of India

Answer & Explanation
Answer : Option D
Explanation :

20.  Board for Financial Supervision (BFS) constituted in 1994 by RBI to undertake consolidated supervision of

a

  non-banking finance companies

b

 commercial banks

c

 financial institutions

d

 None of the above

e

 All of the above

Answer & Explanation
Answer : Option E
Explanation :

21.  Which of the following statements regarding New Development Bank to be established by BRICS nations are correct? (1) The headquarter of the bank will be in Shanghai(2) It will provide financial assistance to infrastructure projects of BRICS nations only (3) The proposal for the bank was first made in 2012 summit in New Delh i. Choose the correct code from the options given below:

a

  1 and 2 only

b

 1, 2 and 3

c

 None of these

d

 1 and 3 only

e

 2 and 3 only

Answer & Explanation
Answer : Option D
Explanation :

22.  Capital Market Regulator is

a

  NSE

b

 IRDA

c

 SEBI

d

 BSE

e

 RBI

Answer & Explanation
Answer : Option C
Explanation :

23.  RBI increased the validity period of the in-principle approval of setting up of new banks from one year to

a

  20 months

b

 None of these

c

 14 months

d

 16 months

e

 18 months

Answer & Explanation
Answer : Option E
Explanation :

24.  Which one of the following is a retail banking product?

a

  Corporate term loans

b

 Home Loans

c

 Export Credit

d

 Working capital finance

e

 Infrastructure financing

Answer & Explanation
Answer : Option D
Explanation :

25.  A Bill of Exchange in which a bank orders its branch or another bank, as the case may be, to pay a specified amount to a specified person or to the order of the specified person is called

a

  insurance

b

 cheque

c

 promissory note

d

 bankdraft

e

 None of the above

Answer & Explanation
Answer : Option C
Explanation :

26.  Inflation is measured in India on the basis of which index?

a

  Wholesale price index

b

 None of these

c

 Market forces

d

 Retail price index

e

 Consumer price index

Answer & Explanation
Answer : Option A
Explanation :

27.  Small savings Scheme like National Savings Certificates, Public Provident Fund, Monthly Income Schemes are popular among the salaried people. Which financial institutions manage these schemes?

a

  Post offices

b

 Commercial banks

c

 Public sector banks

d

 Co-operative banks

e

 Private sector bank

Answer & Explanation
Answer : Option A
Explanation :

28.  According to Reserve Bank of India's latest study, which one of the following states ranks as the best performing state in most of the key fiscal parameters?

a

  Kerala

b

 Gujarat

c

 None of these

d

 Chhattisgarh

e

 Odisha

Answer & Explanation
Answer : Option D
Explanation :

29.  The earliest efforts in the direction of setting up special land mortgage banks were made in

a

  In Punjab when the first Co-operative Land Mortgage Bank was organised in Jhang in 1920

b

 All of these

c

 None of these

d

 Orissa when the first Co-operative Land Mortgage Bank was organised in Jhang in 1834

e

 WestBengal when thefirst Co-operative Land Mortgage Bank was organised in 24 Parganas in 1884

Answer & Explanation
Answer : Option A
Explanation :

30.  Which of the following is one of the measures of economic growth of a country?

a

  Number of companies listed on the stock exchange

b

 All of the above

c

 Gross domestic product of the nation

d

 Volume of direct investment made by foreign countries

e

 Number of foreign nationals working in a country

Answer & Explanation
Answer : Option C
Explanation :
Sponsored Links



Sponsored Links