Consider the following statements.
A. Only 1
B. Only 2
C. Both 1 and 2
D. Neither 1 nor 2
Select an option to see the answer and solution.
Insurance company transfers the risk insured to another company. This is known as
A. Reinsurance
B. TPAs
C. Bancassurance
D. Actuaries
Select an option to see the answer and solution.
NABARD has taken over the entire functions of
A. ARDC
B. ACD of RBI
C. RPCD of RBI
D. All of the above
Select an option to see the answer and solution.
In India, NIFTY and SENSEX are calculated on the basis of
A. Market capitalization
B. Paid up capital
C. Free-float market capitalization
D. Authorized share capital
Select an option to see the answer and solution.
Which among the following is not a subsidiary of RBI?
A. Only 1
B. Only 2
C. Both 1 and 2
D. Neither 1 nor 2
Select an option to see the answer and solution.
Demand draft for Rs. 20,000 and above:
A. can be paid in cash
B. should not be paid in cash
C. mode of payment will depend on the status of the customer
D. None of the above
Select an option to see the answer and solution.
What is the expansion of the term SARFAESI Act?
A. Securitisation and Reconstruction of Financial Assets and Enforcement of Social Interest
B. Securitisation and Reconstruction of Financial Assets and Enactment of Security Interest
C. Securitisation and Reconstruction of Ferry Assets and Enforcement of Security Interest
D. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest
Select an option to see the answer and solution.
Consider the following statements.Assertion (A): The future will see mostly the electronic money clearance through satellite networking.Reasoning (R): RBI is encouraging e-banking.
A. (A) is true, but (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.
Which of the following would be treated as 'worst money' according to Gresham's law?
A. Representative paper money
B. Convertible paper money
C. Non-convertible paper money
D. Fiat money
Select an option to see the answer and solution.
The major shareholders in Asset Reconstruction Company of India Limited (ARCIL) other than SBI are:
A. IDBI & Canara Bank
B. ICICI & HDFC
C. IDBI & HDFC
D. IDBI & ICICI
Select an option to see the answer and solution.
Bank rate is also known as
A. discount rate
B. penalty rate
C. interest rate
D. None of these
Select an option to see the answer and solution.
Which of the following is the risk of default on a debt that may arise from a borrower failing to make required payments?
A. Market Risk
B. Credit Risk
C. Operational Risk
D. Forex Risk
Select an option to see the answer and solution.
Which bank has secured four awards for inclusive insurance in 2016 from Skoch Group?
A. Karnataka Vikas Grameen Bank
B. Telangana Grameen Vikas Bank
C. Prathama Gramin Bank
D. Vidarbha Konkan Gramin Bank
Select an option to see the answer and solution.
Assertion (A) "The problem of rural credit is not primarily one of rural credit, it may be said to be one of rural minded credit."Reason (R) The Indian economy has yet to come out of rural mentality.
A. Both (A) and (R) are correct
B. Both (A) and (R) are incorrect
C. (A) is correct, but (R) is incorrect
D. (R) is correct, but (A) is incorrect
Select an option to see the answer and solution.
Match the following.
List-I (Activities)List-II (Functions)
a. Underwriting
1. Primary functions
b. Transfer of funds
2. Granting advances
c. Overdraft
3. Utility functions
d. Recurring deposits
4. Agency functions
A. a-1, b-2, c-4, d-3
B. a-4, b-3, c-2, d-1
C. a-3, b-4, c-2, d-1
D. a-2, b-4, c-3, d-1
Select an option to see the answer and solution.
Funds which combined the features of an Open-Ended and Close-Ended funds are known as which of the following?
A. Interval Funds
B. Balance Funds
C. Specialty Funds
D. None of the above
Select an option to see the answer and solution.
Which of the following statements are true?
A. 1, 2 and 4
B. 2, 3 and 4
C. 1, 3 and 4
D. 1, 2, 3 and 4
Select an option to see the answer and solution.
What will be the impact on liquidity position, if Reverse Repo Rate is used actively by RBI?
A. It will absorb liquidity from the system
B. It will Inject liquidity in the system
C. It will have no impact on liquidity position
D. None of these
Select an option to see the answer and solution.
What is the CRISIL rating for New India Assurance Company Limited?
A. AA/Stable
B. AAA/Stable
C. AA/Negative
D. AAA/Negative
Select an option to see the answer and solution.
Letters of credit, Guarantees, Forward Contracts etc., come under which one of the following?
A. Liabilities of a bank
B. Assets of a bank
C. Foreign exchange items of a bank
D. Off-balance sheet items of a bank
Select an option to see the answer and solution.
