Which among the following is not a category of non-performing assets?
A. Sub-standard assets
B. Doubtful debts
C. Loss assets
D. Devaluated assets
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Transaction of internet banking excludes
A. Withdrawal of cash anywhere in India
B. Statement of account for a specific period
C. Transfer of funds from one account to another account
D. Balance enquiry
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Match
List-I with
List-II and select the correct answer:
List-I
List-II
a. Debit card
1. Several storage
b. Credit card
2. Online recovery of amount
c. Electronic purse
3. Image processing use
d. Cheque function
4. Revolving credit
A. a-3, b-1, c-4, d-2
B. a-1, b-2, c-4, d-3
C. a-4, b-3, c-1, d-2
D. a-4, b-3, c-2, d-1
Select an option to see the answer and solution.
LIBOR term is used for :
A. Deposit rate in European market
B. Interest rate in Euro currency market
C. Deposit rate applicable to interbank loans in London
D. Interest rate in Euro bond market
Select an option to see the answer and solution.
Foreign Exchange Management Act was implemented in India on
A. 1st July, 2000
B. 1st June, 1999
C. 1st June, 2000
D. 1st July, 1999
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'RWA' with regard to capital adequacy stands for which one of the following?
A. Risk Withdrawal Adjustments
B. Risk Withdrawal Arrangements
C. Risk Weighted Assets
D. Risk free Weighted Assets
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Which of the following banks launched its digibank, India's first mobile-only bank in 2016?
A. HDFC Bank
B. HSBC
C. DBS Bank
D. RBL Bank
Select an option to see the answer and solution.
TDR offered as security for an advance is transferred to the bank by way of:
A. Pledge
B. Charge
C. Assignment
D. All of these
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The success of e-banking depends upon
1. Multi-layer Security System
2. Risk and Surveillance Management
3. Updated Flawless Softwares
4. Stringent Legal Frame work
Select the correct answer:
A. Both 1 and 2
B. 1, 2 and 3
C. 2, 3 and 4
D. All of the above
Select an option to see the answer and solution.
Match the following items of
List I with the items of
List II and indicate the correct matching.
List-I (Name of Bank)
List-II (Year of Establishment)
a. IFCI
1. 1981
b. SIDBI
2. 1982
c. NABARD
3. 1948
d. EXIM
4. 1990
A. a-3, b-1, c-2, d-4
B. a-4, b-2, c-3, d-1
C. a-4, b-3, c-2, d-1
D. a-3, b-4, c-2, d-1
Select an option to see the answer and solution.
In case of Term Loans, the period of limitation is calculated as three years from:
A. Date of documents
B. Date of sanction
C. Date of default
D. Due date of each installment
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Identify the correct statement of the following
A. NABARD was set up in order to provide credit for the promotion of the activities like rural crafts and agriculture
B. NABARD was set up in order to provide credit to poorer section of rural India
C. NABARD was set up in order to assist banks specially meant to surve rural India
D. All are correct
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Consider the following statements.
Assertion (A): A well-developed money market is the basis for an effective monetary policy. It is in the money market that the Central Bank comes into contact with the financial sectors of the economy as a whole and it is through the liquidity in the market that influences the cost and availability of credit.
Reasoning (R): A well-organized money market is an essential condition for the successful operation of the Central Banking policies, and for holding the conditions of liquidity within the bounds of what the monetary authorities consider desirable.
A. (A) is true but (R) is false
B. (R) is true but (A) is false
C. (A) is true and (R) offers correct explanation to (A)
D. Both (A) and (R) are false
Select an option to see the answer and solution.
Which one among the following has not started commercial banking?
A. SIDBI
B. IDBI
C. ICICI
D. UTI
Select an option to see the answer and solution.
Loans against Shares/Debentures can be sanctioned against the security of:
A. Preference Share and Covertible debentures
B. Fully paid Equity Shares and debentures in demat form
C. All shares and debentures in physical form
D. Only Preference Share and partly paid debentures
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What are the elements of Tier-I capital, including additional Tier-I capital as per BASEL-III?
A. Paid up equity capital, statutory & disclosed reserves
B. Capital reserves representing surplus arising out of sale proceeds of assets
C. Perpetual non-cumulative preference shares and debt capital instruments eligible for inclusion under additional tier-I
D. All of the above
Select an option to see the answer and solution.
Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy, means:
A. Sale or purchase of Government securities
B. Issuance of different types of bonds
C. Auction of gold
D. To make available direct finance to borrowers
Select an option to see the answer and solution.
Which type of insurance usually requires higher premium?
A. Broad form insurance
B. Whole life insurance
C. Health insurance
D. Term insurance
Select an option to see the answer and solution.
Assertion (A): The future will see mostly the electronic money clearance through satellite networking.
Reason (R): RBI is encouraging e-banking.
A. (A) is true, (R) is false
B. (A) is false, but (R) is true
C. Both (A) and (R) are true and (R) is the correct explanation of (A)
D. Both (A) and (R) are true, but (R) does not support (A)
Select an option to see the answer and solution.
When a loan will be NPA?
A. Interest and/or loan instalments overdue for more than 90 days
B. The account is out of order for more than 90 days in case of overdraft/cash credit
C. Bill remains overdue for more than 90 days
D. All of the above
Select an option to see the answer and solution.