In which Policy, the insurer agrees to pay the assured or his nominees a specified sum of money on his death or on the maturity of the policy whichever is earlier?
A. Money Back Plan
B. Endowment Plans
C. Annuity Policy
D. Unit-linked insurance plan
Select an option to see the answer and solution.
Which of the following statement is true about the NSE MIBOR polling process?
A. NSE disseminates information about the rates and participants, but not the amount associated with each quote
B. NSE does not reveal the identity of the participants, but discloses the rates of each participant
C. NSE keeps both participant identity and polled rate confidential
D. NSE disseminates information on rates quoted by each participant and the amounts associated with those rates
Select an option to see the answer and solution.
In 1992, the banking sector reforms were introduced as per:
A. C. Rangarajan Committee Report
B. M. Narasimham Committee Report
C. Suresh Tandulkar Committee Report
D. Sukhamoy Chakrabarty Committee Report
Select an option to see the answer and solution.
Which of the following theory determines the value of currency is?
A. Object principle of money
B. State principle of money
C. Quantitative principle of money
D. None of the above
Select an option to see the answer and solution.
"Skimming" in e-banking refers to:
A. Identifying fraudsters copying vital information from credit cards
B. Multiple transactions by one credit card
C. Conversion of a debit card into credit card
D. None of the above
Select an option to see the answer and solution.
What is Call Money?
A. Money borrowed or lent for a day or overnight
B. Money borrowed for more than one day but up to 3 days
C. Money borrowed for more than one day but up to 7 days
D. Money borrowed for more than one day bur up to 14 days
Select an option to see the answer and solution.
International Monetary Fund provides-
A. Emergency loan
B. Seasonal loan
C. Sustainability loan
D. All of these
Select an option to see the answer and solution.
Which bank has become the first foreign bank to open a branch in Israel's diamond exchange?
A. American Express Bank
B. Citi Bank
C. Standard Chartered Bank
D. State Bank of India
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.
Which of the following Payments Bank is the first one to start giving its services in India?
A. Paytm Payments Bank
B. India Post Payments Bank
C. Airtel Payments Bank
D. FINO Payments Bank
Select an option to see the answer and solution.
Match
List-I (committee) with
List-II (subject) and select the correct answer:
List-I (Committee)
List-II (Subject)
a. Tandon Committee
1. Capital financing
b. Rakesh Mohan Committee
2. Infrastructure development
c. Narsimhan Committee
3. Financial sector reforms
d. Omkar Goswami Committee
4. Industrial sickness
A. a-1, b-3, c-2, d-4
B. a-4, b-2, c-3, d-1
C. a-1, b-2, c-3, d-4
D. a-4, b-3, c-2, d-1
Select an option to see the answer and solution.
Which one of the following statement(s) is/are incorrect?
A. For computation of Tier I capital, intangible assets and losses in the current period and those brought forward from previous year, should be deducted from Tier I capital
B. Any gain or loss arising at the time of securitisation of standard assets, if recognised, should be deducted from Tier I capital
C. Securitisation exposures shall be deducted from regulatory capital and the deduction must be made 50% from Tier I and 50% from Tier II capital
D. All of the above
Select an option to see the answer and solution.
Which condition of the following is shown by improvement in regular declining price level?
A. Inflation
B. Deflation
C. Reflation
D. None of the above
Select an option to see the answer and solution.
From which date, banks were allowed free to fix base rates by RBI?
A. 1st April, 2011
B. 1st April, 2012
C. 1st April, 2013
D. None of these
Select an option to see the answer and solution.
Profitable investment of a Commercial bank includes
A. Money at call and short notice
B. Discounting of bills
C. Treasury bills
D. All of the above
Select an option to see the answer and solution.
Which of the following statements is the best explanation of how insurance allows a company to manage risk?
A. By avoiding risk
B. Modifying risk
C. By preventing risk
D. Transferring risk
Select an option to see the answer and solution.
Balance of Trade of a country is equivalent to:
A. difference between the Inward and Outward remittances made in foreign exchange
B. surplus generated shown in a Trading Account
C. difference between exports and imports
D. None of the above
Select an option to see the answer and solution.
Which of the following is maintained by NSE to make good investor claims, which may arise out of non-settlement of obligations by the trading member, who has been declared defaulter, in respect of trades executed on the exchange.
A. Investor Education and Reimbursement Fund (lERF)
B. Investor Reimbursement Fund (IRF)
C. Investor Education and Protection Fund (lEPF)
D. Investor Protection Fund (IPF)
Select an option to see the answer and solution.
Money spread is due to-
A. Excess money issue
B. Decrease in production
C. Budget deficit
D. All of the above
Select an option to see the answer and solution.
The Monopolistic and Restrictive Trade Practices Act (MRTP) came into force from the year:
Select an option to see the answer and solution.