1. The Rate at which the domestic currency can
be converted into foreign currency and vice versa is called as
Correct : D. Exchange rate
2. MD and CEO of Canara Bank is
Correct : C. Rakesh Sharma
3. Which bank has deployed humanoid/mobile
robot named IRA (Intelligent Robotic Assistant) in one of its branch to help branch staff in servicing customers?
Correct : A. HDFC Bank
4. is an account maintained in foreign currency with an Authorised Dealer Bank.
Correct : A. Exchange Earners’Foreign Currency Account
5. Which bank launched home loan overdraft
facility for salaried customers?
Correct : B. ICICI bank
6. Which of the following allowed Non-Resident
Indians (NRI) to subscribe to NPS?
Correct : D. RBI
7. Who among the following is the guardian of the PFRDA, subject to his Financial Emergency Powers, as per the Articles of Indian Constitution?
Correct : C. President
8. Khandelwal Committee relates to study of
………….. issue in Public Sector Banks?
Correct : B. Human Resources
9. The Nippon Ginko is the central bank of:
Correct : D. Japan
10. Bankers have to maintain secrecy of customer accounts as per the provisions of
Correct : C. Banking Companies (Acquisition and Transfer Undertaking) Act, 1970
11. What does RBI regulate through Open Market Operation Transactions?
Correct : D. Liquidity in economy
12. What is the full form of CBS?
Correct : A. Core Banking Solution
13. The name of the currency in Dubai and the United Arab Emirates is
Correct : D. Dirham
14. Which of the following organisations releases "World Economic Outlook" Report ?
Correct : C. International Monetary Fund
15. Which private sector bank is recently merged
with Kotak Mahindra Bank (KMB)?
Correct : A. ING Vysya Bank
16. Which among the following is the first universal bank of India?
Correct : C. ICICI
17. Which of the following is the first Regional Rural Bank of India?
Correct : D. Prathama Bank
18. An Asset Management Company is promoted for which of the following purposes?
Correct : B. To manage the funds of a mutual fund
19. has been declared the first ‗total
banking state‘ in India, successfully implementing the total financial inclusion thereby ensuring banking facility to all households.
Correct : B. Kerala
20. Which of the following is an example for Long Investment Option?
Correct : C. Public provident fund
21. India Post Payments Bank(IPPB) will offer
Correct : E. All of these
22. are the beneficiaries of the
―Reverse Mortgage Scheme‖.
Correct : B. Senior citizens
23. Which of the following banks recently launched ―Smart vault‖ digital locker facility?
Correct : E. ICICI
24. Which among the following bank has bagged
the ‗Best MSME Bank Award 2016‘ instituted by Assocham?
Correct : A. Corporation Bank
25. Which facility was set up by State bank of India on recommendation of Iyer Committee in 1991?
Correct : C. BANKNET
26. The significance of index linked bonds is?
Correct : D. Both (a) and (b)
27. SLR is maintained by banks on which of the following –
Correct : D. Net Demand and Time Liabilities
28. ―We Make You Feel Richer‖ is the tagline of
Correct : C. IndusInd Bank
29. Which of the following Rates/Ratios is not covered under the Monetary and Credit Policy of the RBI?
Correct : D. Exchange Rate of Foreign Currencies
30. What is the expanded form of ECS as used in
banking sector?
Correct : C. Electronic Clearing Service
31. Many a times Government raises additional resources through taxation & allocation of expenditure as per its requirements. It is known as
.
Correct : B. Fiscal Policy
32. Where is the headquarter of Federal Bank?
Correct : A. Kochi
33. Which of the following agencies is associated with the business of Insurance sector as a regulator?
Correct : B. IRDA
34. Which of the following is a Central Recordkeeping Agency For National Pension System?
Correct : D. NSDL
35. When was the Small Industrial Development Bank of India established?
Correct : E. 2 April 1990
36. Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
Correct : D. Ministry of Finance
37. New Bank of India was merged with which bank?
Correct : B. PNB
38. The headquarters of Pension Fund
Regulatory and Development Authority (PFRDA) is?
Correct : C. New Delhi
39. Who is the Managing Director and CEO of IndianBank?
Correct : E. Kishor Kharat
40. Which of the following is not Non Commercial Bank ?
Correct : A. SIDBI
41. Gilt – edged securities can be used to maintain .
Correct : D. SLR
42. In which year does the RBI has introduced the Banking Ombudsman Scheme?
Correct : C. 1995
43. Largest shareholder (in percentage shareholding) of a nationalized bank is.
Correct : D. Govt. of India
44. In National Pension System(NPS), PRA Stands for?
Correct : E. Personal Retirement Account
45. Which of the following is a measure taken by Reserve Bank of India to control inflation in our country?
Correct : C. Contraction of supply of currency
46. The maximum Statutory Liquidity Ratio to be maintained by banks is
Correct : D. 40%
47. In banking parlance, ‗NPA‘ stands for?
Correct : A. Non-Performing Asset
48. Which of the following is Annuity Service
Provider?
Correct : A. Life Insurance Companies
49. Insurance cover for bank deposits in our country is provided by.
Correct : E. DICGC
50. Headquarters of Dhanlaxmi Bank located in
Correct : A. Kerala
51. National Insurance Academy located in
.
Correct : C. Pune
52. In banking terminology bad loans refer to ----
--------------.
Correct : B. Non performing assets
53. Who is issuing license to perform insurance business by banks
Correct : B. IRDA
54. India Millennium deposit Scheme was introduced by .
Correct : B. SBI
55. The bank conducts Government business as an agent of
Correct : B. Reserve Bank of India
56. What is the money, which was accepted
temporary in lieu of gold?
Correct : D. Fiat Money
57. Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
Correct : B. No-frills Account
58. The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form-
Correct : B. Imperial Bank of India
59. Mobile banking is set to get a boost from IMPS, which stands for----------------
Correct : A. Inter-Bank Mobile Payment Service
60. The headquarters of SIDBI is in-
Correct : A. Lucknow
61. In Regional rural Banks state government has shareholding of
Correct : B. 15%
62. Tagline of Punjab and Sindh Bank is
Correct : B. where service is a way of life
63. Which of the following is the headquarters of Narmada Jhabua Grameen Bank?
Correct : D. Indore, MP
64. What is the full form of the term OBU?
Correct : C. Off-shore banking units
65. In which of the following cities, The Head Office of FICCI is located?
1518). Fixed deposits are for the bank in general
Correct : B. Time liability
66. The term ―Insider Trading‖ is related to
Correct : A. Share market
67. The Currency of Hungary is
Correct : C. Forint
68. NABARD was set up with an initial capital of-
Correct : D. Rs 100 crore
69. The headquarters of Malwa Gramin Bank is?
Correct : D. Sangrur Punjab
70. The headquarters of Langpi Dehangi Rural Bank is?
Correct : C. Diphu, Assam
71. The safest form of crossing is
Correct : B. Account payee crossing
72. The headquarters of Gramin Bank Of Aryavrat is?
Correct : B. Lucknow, Uttar Pradesh
73. Headquarters of Syndicate Bank in
Correct : C. Manipal
74. What is meant by a Scheduled Bank ?
Correct : B. A Bank included in 2nd schedule of RBI Act 1934
75. National Income of India is estimated by?
Correct : C. Central Statistical Organization
76. The maturity of Treasury Bills in India is always less than
Correct : C. 365 Days
77. Which of the following is the basic objective of R.B.I's monetary policy ?
Correct : D. To control cost and availability of money
78. Deposits under NRE/FCNB accounts are linked to-
Correct : C. LIBOR
79. How many parties primarily involved in a Promissory Note?
Correct : A. Two
80. C V R Rajendran is the MD and CEO of which private sector bank?
Correct : B. Catholic Syrian Bank
81. Loan taken by the person, not telling the purpose of taking loan is called
Correct : D. Personal Loan
82. Group of people such as workers who pool
their money together for savings and to make loan is called a/an
Correct : B. Credit Union
83. Which one of the following is called as initial repayment holiday given to a borrower for repayment of loan?
Correct : B. Moratorium
84. What does RTGS enable?
Correct : A. Immediate transfer of money from customer of one bank to customer of another bank
85. ―Experience our expertise‖ is the tagline of
.
Correct : C. Yes Bank
86. The higher denomination banknotes in Rs. 1,000 ,Rs. 5,000 , Rs. 10,000 were reintroduced by RBI in the year
Correct : D. 1954
87. Which of the following is held by a depository?
Correct : E. All of these
88. Cash Reserve Ratio is maintained in the form of?
Correct : B. Balance with Reserve Bank of India
89. National Securities Depository Limited(NSDL) is promoted by?
Correct : E. All of these
90. Which private sector bank is recently merged with Kotak Mahindra Bank (KMB)?
Correct : A. ING Vysya Bank
91. Which of the following is an investment strategy in which a fund invests in other types of funds?
Correct : D. Funds of Fund
92. Banks have started opening bio-metric ATMs now. Such ATMs will prove most beneficial for which of the following categories of customers ?
Correct : E. Illiterate people
93. Which bank first introduced Automated Teller Machine (ATM) in India (1987)?
Correct : D. HSBC
94. Who has been appointed the interim Managing Director and CEO of India Post Payments Bank (IPPB)?
Correct : D. A P Singh
95. Which of the following is the first universal bank of India?
Correct : C. ICICI
96. Which of the following bank headquarters not in New Delhi?
Correct : B. Bank of India
97. In banking terminology the word ―Co -
obligant‖ means :
Correct : C. A person who has assumed obligations of contract jointly with other person(s)
98. Ashwani Kumar is the MD and CEO of
Correct : C. Dena Bank
99. A cheque which is not crossed is called
Correct : A. Open cheque
100. Banks has different interest rates for different loans products. To which rate are these interest rates linked?