1. When Reserve Bank intends to increase credit by the banking system, it
Correct : A. Reduces the bank rate
2. Which of the following has decided to block LPG subsidy and PAN of the tax defaulters?
Correct : C. Income Tax Department
3. Bank rate means
Correct : C. The standard rate at which the RBI is prepared to buy or to rediscount eligible bills of exchange or other commercial papers of commercial banks
4. Which is the authority in India for effecting changes in the cash reserve ratio and statutory liquidity ratio?
Correct : B. RBI
5. The Reserve Bank of India does not print currency notes of the denomination of Rs. .
Correct : C. 3,000
6. Which of the following is considered as the financial capital of India?
Correct : E. None of these
7. Many times we read in financial newspapers/magazines about Systematic Investment Plans (SIPs). SIPs are an investment option also operated in the mode of
Correct : A. Mutual Funds
8. Who amongst the following has suggested to the banks in India to give details of fund transfers to customers via SMS/E-mails?
Correct : A. Reserve Bank of India (RBI)
9. The short term loans given to the farmers are the loans given normally for a period of
Correct : D. one year
10. The Head of the Reserve Bank of India is designated as the .
Correct : E. None of these
11. Which of the following organizations was specially established to operate in Gramin areas by design itself?
Correct : D. Regional Rural Banks
12. Which of the following is NOT a part of
India‘s Money Market?
Correct : E. Indian Gold Council
13. A ‗Non-negotiable‘ crossing is a ?
Correct : A. General crossing
14. What does N in NASSCOM stands for?
Correct : A. National
15. CRR is required to maintain in the form of
?
Correct : B. Cash with RBI
16. Tagline of Bank of Baroda
Correct : C. India’s International Bank
17. Monetary Policy of RBI Does not ?
Correct : B. Reduction of taxes
18. What is R in FERA?
Correct : D. Regulation
19. Which of the following private sector bank re-
branded itself as ―RBS‖?
Correct : C. ABN Amro Bank
20. In a prepaid card the maximum value to be stored is?
Correct : B. 50000
21. is the largest stake holder in the National Securities Depository Limited?
Correct : D. IDBI Bank
22. The Head Office of National Housing Bank is in
Correct : C. New Delhi
23. State Bank of India's new floating rate of deposit is directly linked to?
Correct : A. Base Rate
24. When RBI sells government securities its meaning is?
Correct : B. Liquidity gets diminished
25. The banking company has restriction to sanction loan to
Correct : B. Directors of the bank
26. Which of the following rates are decided by the RBI called as ―Policy Rate‖?
Correct : A. Cash reserve ratio
27. Which of the following is a non-depository
institution?
Correct : B. Mutual Funds
28. Which Bank in India opened India's first offshore banking Unit ?
Correct : C. SBI
29. Issuing of credit cards is a component of
Correct : C. Retail Banking
30. Indian Depository Receipt (IDR) is the?
Correct : C. Proof of ownership of foreign company’s share
31. Which of the following is a public sector bank?
Correct : A. Andhra Bank
32. Normally banks accept fixed Deposits for a maximum period of:
Correct : C. 10 years
33. Which of the following terms is used in the
field of finance and Banking?
Correct : A. Adjustable credit
34. Which of the following is known as Plastic money?
Correct : D. Both B and C
35. Which of the following set up core banking infrastructure for rural banks?
Correct : B. NABARD
36. Which bank launched ‗Mobicash easy‘ scheme?
Correct : C. SBI
37. All the financial issues of agriculture are dealt by which Bank?
Correct : D. NABARD
38. If you buy a financial instrument in one market in order to sell the same instrument in another market at higher price, it will be called as
Correct : B. Arbitrage
39. AER stands for ?
Correct : B. Annual Equivalent Rate
40. Which among the following is incorrect about Bank Ombudsman ?
Correct : E. None of these
41. The Commission charged by a broker is
?
Correct : B. Brokerage Fee
42. is a short term and unsecured promissory notes issued by corporations with very high credit standing?
Correct : D. Commercial Paper
43. ―Blending Modernity with Tradition‖ is the slogan of ?
Correct : A. State Bank of Patiala
44. Multilated Notes are?
Correct : A. Notes which are in pieces and/or of which the essential portions are missing
45. Minimum limit for sending money to Nepal
through NEFT (National Electronic fund Transfer) in a single day?
Correct : B. 50000
46. Notice Money is a money lend for a period of ?
Correct : A. Between 2 and 14 days
47. Which is incorrect about NBFC (Non-Banking Financial Company) ?
Correct : A. The deposits with NBFCs are not insured
48. INDIAs Central Bank" is slogan of:"
Correct : A. Reserve Bank of India
49. CPI refers to:
Correct : B. Consumer Price Index
50. Which of the following is an account at a bank or credit union that earns interest over a specified amount of time?
Correct : A. Interest Bearing Account
51. term refers an account that cannot be converted and repatriated into foreign currency.
Correct : A. Non-Resident Ordinary Rupee or NRO Account
52. What does the term Open Market Operations refer to?
Correct : C. Buying and selling of government securities in the open market
53. account is opened by the investor while registering with an investment broker.
Correct : D. De-materialized Account
54. is the percentage of total deposits of a
bank which it has to keep with itself in the form of liquid assets.
Correct : A. Statutory Liquidity Ratio (SLR)
55. is a deposit of money that has a fixed time and pays higher interest than a SB Account.
Correct : A. Fixed Deposit Account
56. Money Market is regulated by?
Correct : A. RBI
57. Who issues treasury bills?
Correct : A. Reserve Bank of India, as the agent of the Central Government
58. short term instrument, have the generic character of T-bills but are issued for maturities less than 91 days.
Correct : C. Cash Management Bills (CMBs)
59. Certificate of deposit can be subscribed by
Correct : E. all of (a) to (c)
60. refers borrower‘s ability to meet immediate liabilities.
Correct : C. Acid-Test Ratio
61. A government security is generally issued in
the form of
Correct : D. all
62. An Asset Reconstruction Company(ARC) in India is associated with
Correct : C. NPA
63. Who are the major players in the call money markets?
Correct : E. All of the above
64. is a voluntary market body for the bond, money and derivatives markets.
Correct : D. FIMMDA
65. CICs are permitted to invest Liquid Fund Schemes (Mutual Funds) with maturity of less than
days.
Correct : D. 91
66. Which of the following is NOT the part of the organized sector in Indian Money Market?
Correct : D. Chit funds
67. Systematically Important Core Investment Company(CIC-ND-SI)/ CICs can not accept
.
Correct : D. Both (B) and (C)
68. CEO of ICICI bank is:
Correct : B. Chanda Kochhar
69. Infrastructure Finance Company(IFC) has a minimum Net Owned Funds of
Correct : D. 300 Crore
70. ICICI bank launched internet banking operations in
Correct : A. 1998
71. When was the Imperial Bank of India nationalised?
Correct : C. 1955
72. 'BCSBI' Stands for :
Correct : A. Banking Codes and Standards Boards of India
73. Kisan Credit Card can be used for financing?
Correct : C. Both (a) and (b)
74. The largest number of commercial banks‘ offices are located in?
Correct : D. Uttar Pradesh
75. Closed Economy is one in which :
Correct : D. neither export nor import takes place
76. means the period for which the securities cannot be delivered.
Correct : B. Shut Period
77. The definition of the priority sector was first formalized in 1972 by?
Correct : C. Reserve Bank of India
78. The term ―capitalisation of reserves‖ is used to denote?
Correct : C. the use of reserves for issuing bonus shares to the existing shareholders
79. ―Multi-currency basket‖ means?
Correct : C. number of major international currencies to which the external value of the Indian rupee is linked
80. Which is India‘s first and largest Asset Reconstruction Company?
Correct : A. ARCIL
81. The tertiary sector of economy is called as:
Correct : B. Service Industry
82. In Notice Money Market, the tenor of the transactions is from
Correct : B. 2-14 days
83. FDR is:
Correct : B. Fixed Deposit Receipt
84. What is the full form of ECB?
Correct : C. External Commercial Borrowings
85. Account payee crossing is an direction of the drawer to?
Correct : A. To collecting banker
86. A offers loans to people starting their own business"
Correct : C. Pawnshop
87. Which of the following cannot be called as a Debt Instrument as referred in financial transactions?
Correct : C. Stocks
88. All coins that are minted in Noida have
Correct : A. Dot
89. Obtaining cash from an ATM is similar to:
Correct : A. Writing a Cheque
90. Which of the following cannot be endorsed?
Correct : A. A fixed deposit receipt
91. What is a Green Index?
Correct : C. It measures nation’s wealth according to provisions of control on greenhouse gases
92. A endorsement includes the words "FOR DEPOSIT ONLY":
Correct : A. Restrictive
93. In a company the use of price sensitive corporate information by the Company – people to make gains or cover losses is known as?
Correct : A. insider trading
94. India‘s first indigenous payment gateway is
Correct : B. India Pay
95. Which of the following organizations provides
Buffer Stock Financing Facility?
Correct : C. International Monetary Fund
96. The relationship between RBI and the Bank
maintaining the currency chest is that of?
Correct : C. Principal and Agent
97. Where are the headquarters of National Housing Bank?
Correct : D. New Delhi
98. In India, forex rates are determined by
Correct : A. Demand and supply forces
99. Which among the following committees suggested the concept of ―Universal Banking‖ ?