Dear Readers,
1-'A customer is a person who maintains an account with a Bank. ' This definition of the customer is asper _____________.
(1) Banking Regulation Act,1949
(2) Negotiable Instrument Act,1881
(3) RBI Act,1934
(4) KYC guidelines of RBI
(5) None of these
2-Which of the following cannot be endorsed?
(1) Fixed deposit receipt
(2) Bank draft
(3) Promissory note
(4) Cheque
(5) None of these
3-Which of the following conducts supervision over Commercial Banks, Financial Institutions, NBFCs and other Para-bank financial institutions in India ?
(1) SEBI
(2) Ministry of Finance
(3) Board for Financial Supervision, RBI
(4) Ministry of Corporate Affairs
(5) None of these
4-The Export - Import Bank of India was set up in _______.
(1) April 1982
(2) January 1982
(3) April 1970
(4) July 1969
(5) None of these
5-In India, the Real Time Gross Settlement has been implemented by ___________
(1) SEBI
(2) IRDA
(3) RBI
(4) Ministry of Finance
(5) None of these
6-The maximum no. of transactions by a customer by using ATM of other Bank is _________
(1) 8 per month
(2) 5 per month
(3) 2 per month
(4) 3 per month
(5) None of these
7-The full form of SPNS is __________
(1) Shared Payment Network System
(2) Sharing Process Network System
(3) SharedProceduralNetworkSystem
(4) Shortest Possible Networking System
(5) None of these
8-The Tagline "Where every individual is committed" is associated with which of the following Banks ?
(1) Punjab National Bank
(2) Oriental Bank of Commerce
(3) Indian Overseas Bank
(4) Syndicate Bank
(5) None of these
9-"Doha Development Round" is related with which of the following organization ?
(1) World Bank
(2) World Trade Organisation
(3) International Monetary Fund
(4) Asian Development Bank
(5) None of these
10-The rate at which Banks borrow money from the Reserve Bank is called ___________.
(1) Repo rate
(2) Reverse repo rate
(3) Bank rate
(4) Base rate
(5) None of these
Answer key:
1. Sol. (4)
2. Sol. (1)
3. Sol. (3)
4. Sol. (2)
5. Sol. (3)
6. Sol. (4)
7. Sol. (1)
8. Sol. (2)
9. Sol. (2)
10. Sol. (1)
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MAHENDRA GURU