1. What is the
minimum capital requirement for setting up a normal commercial bank as per the
RBI guidelines?
(a) Rs 100 cr
(b) Rs 200 cr
(c) Rs 400 cr
(d) Rs 500 cr
(e) None of these
2. Which of the
following is the safest from of crossing-
following is the safest from of crossing-
(a) Double crossing
(b) Special crossing
(c) Account payee crossing
(d) General crossing
(e) None of these
3. Which development
financial institution integrated with a bank?
financial institution integrated with a bank?
(a) IFCI Ltd.
(b) NHB
(c) ICICI Ltd.
(d) IIFCL
(e) None of these
4. The Merchant
banking activity in India is governed by _____
banking activity in India is governed by _____
(a) RBI
(b) SEBI
(c) IRDA
(d) Both 1 and 3
(e) None of these
5. Which of the
following is a Non-Banking Financial Company ?
following is a Non-Banking Financial Company ?
(a) SBI
(b) Muthoot Finance
(c) ICICI
(d) Peerless Finance
(e) None of these
6. Who is the Major
shareholder in NABARD?
shareholder in NABARD?
(a) Central Government
(b) SBI
(c) RBI
(d) State Cooperative Bank
(e) None of these
7. How does a bank
establish the identity of a customer?
establish the identity of a customer?
(a) By following KYC Norms
(b) By taking AADHAR card copy
(c) By getting introduction of an existing customer
(d) All of the above
(e) None of these
8. Which of the
following is a prerequisites for transfer of a negotiable instruments?
(a) Acceptance
(b) Crossing
(c) Mere delivery or indorsement and delivery
(d) Blank Indorsement
(e) None of these
9. Which of the
following is true about co-operative banks?
(a) They have profit as their main motive
(b) They are established under the cooperative societies act
(c) All are scheduled bank
(d) All of the above
(e) None of these
10. Which
Nationalized bank was the first to sponsor a regional rural bank in India ?
Nationalized bank was the first to sponsor a regional rural bank in India ?
(a) Union Bank of India
(b) Central Bank of India
(c) Syndicate Bank
(d) SBI
(e) None of these
11. Banks are
authorized to sell third party products. Which are these products ______
authorized to sell third party products. Which are these products ______
(a) Term deposits
(b) Mutual funds
(c) Debit cards
(d) Gift cheques
(e) None of these
12. Small savings
scheme like national savings certificates, public provident fund, Monthly Income
scheme are popular among the salaried
people. Which Financial institutions manage these scheme ?
scheme like national savings certificates, public provident fund, Monthly Income
scheme are popular among the salaried
people. Which Financial institutions manage these scheme ?
(a) Post Office
(b) Public Sector Banks
(c) Co-operative Banks
(d) Commercial Banks
(e) None of these
13. The interest rate
at which the RBI lends to Commercial Banks in the short term to maintain
liquidity its known as ___?
at which the RBI lends to Commercial Banks in the short term to maintain
liquidity its known as ___?
(a) Repo rate
(b) Interest rate
(c) Bank Rate
(d) Reverse repo rate
(e) None of these
14. Which of the
following is not a method of credit control?
following is not a method of credit control?
(a) Credit deposit ratio
(b) Bank rate policy
(c) Cash reserve ratio
(d) Open market operations
(e) None of these
15. Banks do not
allow their customers to avail which of the following services under “Mobile
Banking”?(If all allowed, then the
Answer with option E)
allow their customers to avail which of the following services under “Mobile
Banking”?(If all allowed, then the
Answer with option E)
(a) Loan Application
(b) Payment
(c) Money Transfer
(d) Balance Inquiry
(e) None of the above
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Books For 2015 Banking/Insurance Exams
This post was last modified on November 27, 2017 9:02 am