Match the following.
List-I List-II
a. RBI
1. Private Bank
b. SBI
2. Foreign Bank
c. Citi Bank
3. Regulator
d. Catholic Syrian Bank
4. Public Bank
A. a-3, b-4, c-2, d-1
B. a-3, b-4, c-1, d-2
C. a-1, b-4, c-3, d-2
D. a-1, b-2, c-3, d-4
Select an option to see the answer and solution.
Which of the following is necessary to apply for Atal Pension Yojana?
A. Aadhar Card
B. Saving Bank Account
C. Kisan Credit Card
D. Both A and B
Select an option to see the answer and solution.
Universal banking is the combination of commercial banking with
A. investment banking
B. insurance company
C. Both A and B
D. None of these
Select an option to see the answer and solution.
Which one of the following is not the fund based business of commercial banks?
A. Overdraft facility
B. Issuance of Letters of Credit
C. Acceptance of deposits
D. RTGS/NEFT transactions
Select an option to see the answer and solution.
Which one of the following is not a measure of credit control?
A. Bank rate policy
B. Open market activities
C. Credit deposit ratio
D. Cash reserve ratio
Select an option to see the answer and solution.
Match the following definitions with their authors
List-I (Definition of money)List-II (Economist)
a. Money is what money does
1. Walker
b. Anything that is widely accepted in exchange for goods or business obligations
2. G. D. H. Cole
c. The essence of money is that after a function of circulation can be given from one hand to another for another task
3. D. H. Robertson
d. A commodity for which there is a general acceptance
4. Seligman
A. a-1, b-3, c-4, d-2
B. a-1, b-3, c-2, d-4
C. a-3, b-1, c-2, d-4
D. a-3, b-1, c-4, d-2
Select an option to see the answer and solution.
One of the following is not correct in regard to Capital Market:
A. It is a market for long term financial assets
B. Maturity Period less than one year
C. Dealings take place at Stock Exchange
D. Unlimited number of players
Select an option to see the answer and solution.
"BCSBI" stands for:
A. Banking Codes and Standards Boards of India
B. Board Code for Standards in Branches
C. Board Code for Standards in Banking
D. None of the above
Select an option to see the answer and solution.
In regard to assigning risk weight to NPAs, which one of the following is incorrect?
A. 150% risk weight, when specific provisions are less than 20% of the outstanding amount of the NPA
B. 100% risk weight, when specific provisions are atleast 20% of the outstanding amount of the NPA
C. 50% risk weight, when specific provisions are more than 50% of the outstanding amount of the NPA
D. 50% risk weight, when specific provisions are atleast 50% of the outstanding amount of the NPA
Select an option to see the answer and solution.
Which of the following reasons was not responsible for the establishment of IMF?
A. To achieve the exchange rate stability
B. To assist the member countries in the post war reconstruction
C. To help the member countries to finance short term balance of payment deficit
D. All are correct
Select an option to see the answer and solution.
As per the Master Circular on "Prudential Norms on Capital Adequacy - Basel I Framework", elements of Tier I capital include:
A. 1 and 2 only
B. 2 and 3 only
C. 1 and 3 only
D. 3 and 4 only
Select an option to see the answer and solution.
Life Insurance Corporation was established as a:
A. Government Company
B. Holding Company
C. Public Corporation
D. Subsidiary Company
Select an option to see the answer and solution.
ETFs are . . . . . . . . ended funds that can be bought at prices, which vary during the day and operate with low tracking error.
A. close
B. open
C. Both A and B
D. None of the above
Select an option to see the answer and solution.
Which of the following can be identified as the proper sequence of banking sector phases in India?
A. 2, 3, 1, 4
B. 1, 2, 3, 4
C. 2, 1, 3, 4
D. 1, 3, 4, 2
Select an option to see the answer and solution.
The central bank can significantly influence the savings, investments and consumer spending in the economy through which of the following policy?
A. Fiscal Policy
B. Monetary Policy
C. Industrial Policy
D. Foreign Exchange Policy
Select an option to see the answer and solution.
A lost asset refers to:
A. remaining NPA for less than or equal to 12 months
B. remaining NPA for more than 12 months
C. where the loss has been identified by the bank
D. when loan is overdue for a period of 1 year
Select an option to see the answer and solution.
Public Sector Banks mostly face the issue of non-performing assets. To tide over such situation, which of the following concepts should be used?
A. Unit Banking
B. Narrow Banking
C. Universal Banking
D. Chain Banking
Select an option to see the answer and solution.
Match
List-I from
List-II .
List-I List-II
a. Life insurance
1. Used to avoid fire related risks
b. Simple insurance
2. Harvest insurance, aircraft insurance etc
c. Fire insurance
3. It is an insurance that is done for the protection of life
d. Marine insurance
4. Insurance to be done to avoid marine risks
A. a-1, b-2, c-3, d-4
B. a-3, b-2, c-1, d-4
C. a-2, b-1, c-4, d-3
D. a-4, b-3, c-2, d-1
Select an option to see the answer and solution.
Who are professionals who offer independent advice on financial matters to their clients and recommend suitable financial products or products that are traded and settled like financial products?
A. Independent commercial advisors
B. Independent investment advisors
C. Independent product advisors
D. Independent financial advisors
Select an option to see the answer and solution.
Which of the following public sector banks in November 2011, froze its lending to the power sector?
A. State Bank of India
B. Allahabad Bank
C. Punjab National Bank
D. United Bank of India
Select an option to see the answer and solution.
