Which of the following is the Regulatory Authority of RRBs?
A. NABARD
B. Central Government
C. State Government
D. Sponsor Bank
Select an option to see the answer and solution.
The profitability of public-sector banks is low due to:
A. Over-cautions approach to lending
B. Reserve Bank Policies
C. High Overhead Costs
D. Social-sector lending
Select an option to see the answer and solution.
Which of the following are the forms of e-banking?
1. Internet Banking
2. Telephone Banking
3. Electronic Cheque Conversion
4. Electronic Bill Payment
5. Direct Fund Transfer Through RTGS
A. 1, 3 and 4
B. 1, 2, 3 and 4
C. 2, 3 and 4
D. 1, 2, 3, 4 and 5
Select an option to see the answer and solution.
Banking Ombudsman Scheme is applicable to the business of:
A. All scheduled commercial banks excluding RRBs
B. All scheduled commercial banks including RRBs
C. Only Public Sector Banks
D. Only Private Sector Banks
Select an option to see the answer and solution.
Match the items of
List I with
List II and denote the correct matching.
List-I
List-II
a. International Bank for Reconstruction and Development
1. 1945
b. International Finance Corporation
2. 1956
c. Asian Development Bank
3. 1966
d. Export-Import Bank of India
4. 1981
A. a-1, b-2, c-3, d-4
B. a-4, b-3, c-2, d-1
C. a-1, b-3, c-2, d-4
D. a-2, b-1, c-4, d-3
Select an option to see the answer and solution.
Which of the following was the parent company of New India Insurance?
A. LIC
B. GIC
C. United India Insurance
D. None of these
Select an option to see the answer and solution.
Largest life insurance companyin India is
A. The New India Assurance Company Limited
B. Life Insurance Corporation of India (LIC)
C. United India Insurance Company Limited
D. National Insurance Company Limited
Select an option to see the answer and solution.
Life Insurance Corporation of India was nationalized in-
Select an option to see the answer and solution.
E-banking business is essentially regulated by the Information Technology Act, 2000, under which personal signature is replaced by
A. Encrypted signature
B. Image signature
C. Digital signature
D. Online signature
Select an option to see the answer and solution.
The word "Banks" is derived from the Italian word "Banco" which means
A. Iron vault
B. Money
C. To lend
D. Bench
Select an option to see the answer and solution.
Head Office of the Asian Development Bank located in:
A. Jakarta
B. Manila
C. Nairobi
D. Tokyo
Select an option to see the answer and solution.
The profitability of public sector banks is low due to
1. Over-cautions approach to lending
2. Reserve Bank policies
3. High overhead costs
4. Social sector lending
A. Both 1 and 2
B. Both 1 and 4
C. 1, 3 and 4
D. Both 2 and 3
Select an option to see the answer and solution.
Which among the following is not associated with NABARD?
1. NIEAF
2. BIR
3. RIDF
4. SHPI
Select the correct answer:
A. Only 1
B. Only 2
C. Both 2 and 3
D. None of these
Select an option to see the answer and solution.
Which one is not related with legal environment of business in India?
A. MRTP
B. FERA
C. Factories Act 1948
D. RBI
Select an option to see the answer and solution.
Which of the following statement/s is/are true about Reserve Bank of India?
A. RBI was established on 1st April 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934
B. The Central Office of RBI was initially established in Kolkata but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated
C. Though originally privately owned, since nationalization on 1st January 1949, RBI is fully owned by the Government of India
D. All of the above
Select an option to see the answer and solution.
When banks invest their deposit accruals in Government securities, it is called:
A. Asset Securitization
B. Hedging
C. Narrow Banking
D. Forfeiting
Select an option to see the answer and solution.
Capital Adequacy Norms declared in the year, 1996, is applicable to
A. Foreign Banks
B. Co-operative Banks
C. Private Sector Banks
D. Nationalized Bank
Select an option to see the answer and solution.
Remittance under the Guarantee Bond Scheme can be accepted from:
A. Only Associated Banks
B. Only Nationalized Banks
C. Only Foreign Banks
D. All Scheduled Banks and Co-operative Banks
Select an option to see the answer and solution.
Skimming' in e-banking is a method of
A. Converting debit card into credit card
B. Transferring cash from one account to another account
C. Stealing credit card information
D. Intimating the customer about his-heavy with drawals
Select an option to see the answer and solution.
Match the following items of
List-I with the items of
List-II and and indicate the correct matching.
List-I (Name of Organisation)
List-II (year of Establishment)
a. IDBI
1. 1956
b. ICICI
2. 1955
c. LIC of India
3. 1990
d. SIDBI
4. 1964
A. a-3, b-1, c-2, d-4
B. a-3, b-1, c-4, d-2
C. a-4, b-2, c-1, d-3
D. a-1, b-2, c-3, d-4
Select an option to see the answer and solution.