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banking resources

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banking awareness
dahakesv
Quiz por dahakesv, atualizado more than 1 year ago
dahakesv
Criado por dahakesv mais de 9 anos atrás
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Resumo de Recurso

Questão 1

Questão
Bank reconciliation statement is prepared with the help of
Responda
  • bank pass book and cash column of cash book
  • bank pass book and bank column of cash book
  • bank pass book and petty cash book
  • bank pass only
  • all of the above

Questão 2

Questão
EEFC account can be opened in the form of
Responda
  • current account, SB account and TDR
  • Current account and SB account
  • Current account only
  • Current account and TDR
  • None of these

Questão 3

Questão
Bank may prefer to invest in corporate bonds because
Responda
  • a bond is more liquid asset
  • a bond has an easy exit
  • a bond can be sold at discount
  • all of the above
  • None of these

Questão 4

Questão
Which of following statements is/ are true regarding a Deferred Payment Guarantee (DPG)
Responda
  • it is a type of guarantee where no cash payment is involved
  • it is a type of guarantee which is given for the purchase of immovable property.
  • it is a type of guarantee where payment would have to be made in instalments guaranteed.
  • All of the above
  • None of these

Questão 5

Questão
Truncation of cheques means
Responda
  • The cheques in the paper form will be retained by the collecting banker nad he will submit only computerised image to the clearing house
  • Cheques will be scanned and the electronic image, instead of physical cheque, will be transmitted in the clearing cycle
  • The entire clearing operations would be done only through computers
  • Debting the drawer's account through internet banking
  • None of these

Questão 6

Questão
Not Negotiable crossing refers to
Responda
  • The cheque cannot be negotiated
  • The collecting bank should sarisfy itself as to the title of the holder before collecting the cheque
  • The cheque cannot be collected as the protection under section 131 of the Negotiable Instruments Act,1881 is not available in such cases
  • The transferee shall not have and shall not be capable of giving a better title to the cheque than that of the transferor.
  • None of these

Questão 7

Questão
The cheque in which the signature of the drawer of the cheque is not genuine is called
Responda
  • post-dated cheque
  • Forged cheque
  • stale cheque
  • All of the above
  • None of these

Questão 8

Questão
Deposites under NRE/FCNR accounts are linked to
Responda
  • Base Rate
  • SIBOR
  • Bank Rate
  • LIBOR
  • MIBID

Questão 9

Questão
What stage of opening a Bank account is the checking of politically Exposed Persons (PEP) carried out
Responda
  • At the first point of customer interaction
  • At the Account services level
  • At the central account services level
  • One month after the account is opened
  • At the time of first transaction

Questão 10

Questão
India has different categories of commercial banks. which of the following is NOT one such category
Responda
  • Private bank
  • commodity bank
  • Foreign Bank
  • Co-operative Banks
  • None of these

Questão 11

Questão
Bankers reduce lending risk by
Responda
  • Ensuring that there will be no default on account of lack of liquidity and lack of willingness to pay on the part of the borrower
  • Ensuring that there will be no problem of liquidity with the borrower
  • Obtaining adequate security
  • all of the above
  • None of these

Questão 12

Questão
Which among the following terms describe 'universal banking'
Responda
  • Branches of a bank in all geographical territories of its country
  • A bank providing services in all geographical territories of its country
  • A bank providing combination of commercial banking and investment banking
  • all of these
  • None of these

Questão 13

Questão
Which of the following is/are the example(s) of product diversification of bank
Responda
  • Credit card
  • International credit card
  • Debit card
  • all of the above
  • None of these

Questão 14

Questão
Which of the following categories of risk is/ are taken care of by RTGS
Responda
  • Systemic Risk and Credit Risk
  • Market Risk
  • Settlement Risk and Systemic Risk
  • systemic risk nad legal risk
  • None of These

Questão 15

Questão
If bank wants to introduce a new deposit scheme, the same is now approved by
Responda
  • RBI
  • Union Government
  • The board of the bank
  • both 'a and c'
  • None of these

Questão 16

Questão
what is the full form of the term LIBOR as used in financial banking sector?
Responda
  • London Inter-Bank Offered Rate
  • Liberal International Bank Official Ratio
  • London India Bureau of Regulations
  • Local India Bank Offered Rate
  • None of these

Questão 17

Questão
Which of the following loan products are 'teaser loans' offered by banks
Responda
  • Education loans
  • Commercial loans
  • Gold loans
  • Retail trade loans
  • Home loans

Questão 18

Questão
which of the following is a foreign bank having branches in india
Responda
  • HDFC bank
  • icici bank
  • yes bank
  • standard chartered bank
  • syndicate bank

Questão 19

Questão
which of the following statement is true about bank
Responda
  • bank cannot accept demand and time deposit from public
  • bank can accept only demand deposit from public
  • banks can accept only time deposit from public
  • banks can accept both demand and time deposit from public
  • banks can accept demand and time deposit from Government only

Questão 20

Questão
interest rate payable on saving bank account is
Responda
  • regulated by RBI
  • regulated by State Government
  • not regulated by RBI
  • regulated by Finance Ministry

Questão 21

Questão
Accounts are allowed to operated by Cheques in respect of
Responda
  • Both Saving Accounts and Fixed Deposit accounts
  • Saving Account and Current Accounts
  • Both saving and Loan Accounts
  • Both savings bank accounts and cash accounts only
  • Both current account and fixed deposit accounts

Questão 22

Questão
The usual deposit accounts of banks are
Responda
  • Current Accounts, Insurance Premium Accounts and Electricity Accounts
  • Current Accounts, Post Office Savings accounts and Term deposit accounts
  • Loan accounts, Term deposit accounts and Saving accounts
  • Term Deposit accounts, Current accounts and Saving account
  • Current bill accounts and term deposit account

Questão 23

Questão
when a bank returns a cheque unpaid, it is called
Responda
  • payment of cheque
  • Dishonor of cheque
  • cancelling of cheque
  • Drawing of cheque
  • None of these

Questão 24

Questão
Which of the following term is used in the field of banking and finance
Responda
  • Investment
  • Genetics
  • Resistance
  • Metabolic Reaction
  • None of These

Questão 25

Questão
The Public Sector Banks are banks where a majority state is held by the Government. Which of the following banks is the second largest Public Sector Banks among the 236 PSBs in India in terms of Profit
Responda
  • Bank of India
  • Punjab National Bank
  • Bank of Baroda
  • Central Bank of India
  • Canara Bank

Questão 26

Questão
Consider the following statements with respect to IFSC code used in Banking System. A) IFSC stands for Indian Financial System Code B) It is an 11 digit alphanumeric Unique Code C) IFSC is used in the NEFT system to route the messages to the destination banks/branches.
Responda
  • Only A
  • Only B
  • Only C
  • All A, B, and C

Questão 27

Questão
Consider the following with respect to the term 'Core Inflation'. A) Core Inflation is the inflation rate of a particular basket of commodities B) Core Inflation is the sudden increase in prices of certain items of food grains C) Core Inflation is caused by supply shock in certain esential commodities
Responda
  • Only A
  • Only B
  • Only C
  • Only A and B
  • None of these

Questão 28

Questão
What are 'Open Market Operations'.
Responda
  • Activities of SEBI-registerd brokers
  • Selling of currency by the RBI
  • Selling of gilt-edged securities by the governmet
  • Sale of share by FIIs
  • None of these

Questão 29

Questão
Certificate of Deposits have a minimum value of
Responda
  • Rs. 1 lakh
  • Rs. 10 lakh
  • Rs. 25 lakh
  • Rs. 50 lakh
  • Rs. 1 core

Questão 30

Questão
Which among the following does not decided by the RBI
Responda
  • CAR
  • CRR
  • Base Rate
  • Bank Rate
  • Repo Rate

Questão 31

Questão
An increase in Cash Reserve Ratio (CRR)by Reserve Bank of India leads to
Responda
  • Decrease in Deposit
  • Increase in Deposit
  • Decrease in lendable resources
  • Increase in lendable resources
  • None of these

Questão 32

Questão
What is meant by development oriented banking
Responda
  • Infrastructure Financing
  • Taking up task of development of the economy by providing support to under privileged sections of the society
  • Extending loans to states which are underdeveloped
  • All of the above
  • None of these

Questão 33

Questão
What is the principal function of SIDBI
Responda
  • Finance of SSI
  • Promote of SSI
  • Development of SSI
  • All of the above
  • None of these

Questão 34

Questão
Which of the folowing is provided by the Reserve Bank of India for meeting day to day receipt and expenditure mismatch to both central and state Governments
Responda
  • Treasury Bills
  • Date and securities
  • ways and means advance
  • all of the above
  • None of these

Questão 35

Questão
Which of the following is classified as Public Sector Banks
Responda
  • ICICI Bank
  • Yes Bank
  • IDBI Bank
  • Local area Banks
  • None of these

Questão 36

Questão
Reserve Bank of India known as lender of last resort because
Responda
  • It has to meet the credit need of citizens to whom no one els is willing to lend
  • It comes to help bank in times of crisis
  • Banks lend to go to RBI as a last resort
  • All of the above
  • None of these

Questão 37

Questão
The availability of cash and other cash like marketable instruments that are useful in purchases and investments are commonly known as
Responda
  • Cash crunch
  • Credit
  • Liquidity
  • Marketability
  • None of these

Questão 38

Questão
The banker-customer relationship in credit card payment is
Responda
  • Agent-Principal
  • principal-agent
  • Creditor-Debtor
  • Debtor-Creditor
  • None of these

Questão 39

Questão
which of the following committee is set up for giving clear definitions to FDI and FII with an aim to remove ambiguity over the two types of Foreign Investments.
Responda
  • Gopinath Committee
  • Arvind Mayaram Committee
  • Subir Gokran Committee
  • Sushma Nath Committee

Questão 40

Questão
Loans of very small amount given to low income group is called
Responda
  • cash credit
  • No Frill credit
  • Rural Credit
  • Micro Credit
  • Simple Overdraft

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