BANKING AWARENESS 1. Maximum punishment for melting or destruction of coins would be increased from 5 years to ……………..years of imprisonment? 1. 4 2. 9 3. 7 4. 10 5. 16 2. The central government reduced its stake in State Bank of India from 55 percent to ………..percent? 1. 49 2.40 3.15 4.25 5.51 3. ………….authorizes the credit limit to the National Co-operative Marketing Federation? 1. NABARD 2. RBI 3. SEBI 4. SBI 5. None 4. Increase in deposit rate results …………? 1. Lower savings 2. Lower investments 3. Increase bank branches 4. Increase savings 5. None 5. Increase in deposit rate results ……….? 1. Decrease the credit growth 2. Increase the Agriculture default payments 3 decrease the customer base 4. Increase the credit growth 5. All of above 6. Raise in inflation rate leads to decline in ……………? 1. Interest rate 2. Raise in the deposits in the banks 3. Decrease the real interest rate 4. Raise the credit growth by banks 5. None 7. Difference between interest earned and interest paid is called……..? 1. Gross Interest Income 2. Paid Interest Income 3. Free Interest Income 4. Net Interest Income 5. All of above 8. Express Remit is the brand name remittance facility of …………..? 1. SBH 2. Allahabad Bank 3. Repo Bank 4. UBI 5. SBI 9. Rs. 1000 can be withdrawn from the Point of Sales Terminals (POS) as per the order of RBI. Which is the first bank to introduce this facility? 1. SBI 2. SBH 3. UBI 4. ICICI 5. HDFC 10. Free Collateral loan up to Rs… lakh provided to SME? 1. 5 2.10 3.9 4.5 6.15 11.………………………is the largest stake holder in the National securities depository limited? 1. SBI 2. Corporation Bank 3. Syndicate Bank 4. IDBI 5. ICICI 12. Recently RBI advised the banks to reduce the Net Interest Margin comedown to see the double digit growth. What is meant by it………. 1. Banks accept the deposits at high rate of interest and lend at higher rate of interest 2. Banks accept the deposits at high rate of interest and lend at no rate of interest 3. Banks accept the deposits at high rate of interest and lend at lower rate than the Present rates 4. Banks accept the deposits at lower rate of interest and lend at higher rate 5. None 13. C Rangarajan said which one as the ‘flawed business model’? 1. Banks 2. Companies 3. Micro Finance Companies 4. Schools 5. Private Banks 14. Interest Corridor includes ……..? 1. Base rate and savings rate 2. Bank rate and Reverse Repo rate 3. Base rate and Repo rate 4. Repo rate and Reverse Repo rate 5. None 15. Asset-Liability mismatch usually happened in…………? 1. Home Loan and Infrastructure Project Financing 2. Education loan and personal loan 3. Personal loan and marriage loan 4. Travel loan and marriage loan 5. None 16. When Reserve bank of India Act was passed? 1. 1935 2. 1954 3. 1934 4. 1971 5. 1919 17. When Reserve bank of India was founded? 1. 1 Apr 1934 2. 1 Jan 1935 3. 1 Apr 1935 4. 1 June 1935 5. None 18. On which date of January 1949, the Reserve Bank of India was nationalized? 1. 21 2. 31 3. 5 4. 15 5. 1 19. How many regional offices are there for RBI? 1.5 2.6 3.4 4.7 5.9 20. On 26 March 2011, RBI said it wants to set up its first Sub-office in……….. to increase the outreach of the banks in that region? 1. Meghalaya 2. Manipur 3. Assam 4. Arunachal Pradesh 5. Tripura 21. The chief function of Reserve Bank of India includes…………? 1. Minting Currency 2. framing the monetary and credit policy 3. With the help of Circulation of money, maintaining price stability 4. Foreign Exchange matters 5. All of above 22. The different names of Reserve Bank of India are………….? 1. Central bank 2. Banker’s bank 3. Lender of the last resort 4. Apex bank 5. All of the above 23. The government of India has the mint at………. 1. Noida 2. Kolkata 3. Mumbai 4. Hyderabad 5. All of the above places 24.………… puts signature on one rupee paper currency? 1. Finance Secretary 2. RBI governor 3. President of India 4. prime minister 5. Finance minister 25. RBI has six training colleges. Pick up correctly matched one? a) College of Agricultural Bank- Pune b) National Institute of Bank Management-Pune c) Bankers Training College- Mumbai d) Indira Gandhi Institute for Development Research-Mumbai e) Reserve Bank of India Staff College- Chennai f) institute for Development and Research in Banking Technology- Hyderabad g) Note Counting and Quality Research Center-New Delhi 1. a b c d f g 2. a c d e f g 3. a b c d e f 4. a b c d e g 5. a b d f g 26. How many banks were allowed to import gold and silver as per the order? of RBI recently? 1.8 2.6 3.7 4.11 5.10 27. In India how many banks were allowed to import the gold and silver? 1.11 2.60 3.45 4.30 5.20 28. In India the lowest denomination of currency is Rs.? 1. two 2.five 3.ten 4.one 5.50 pause 29.In India the highest denomination of currency is………..? 1. 100 2.500 3.50 4.1000 5.10000 30.The highest circulation of paper currency is…………? 1. 2 2.100 3.1 4.1000 5.10 31.The highest number of fake currency in India is …………? 1.5 2.100 3.1000 4.10 5.500 32.All paper currency in India must have the symbol of …………….as per the order of Central government from the year 2000? 1.Gandhi 2.Nehru 3.Bharath Matha 4.Lion 5.Tiger 33.Indian paper currency minted in Mysore and also in ……….? 1. Kolkata 2.Chennai 3.Bengaluru 4.Nasik 5.Delhi 34.Paper currency minted with Ink OVI. OVI means Optical Variable Ink. It is imported from 1.Switzerland 2. France 3.America 4.Russia 5.Belgium 35. Which industry manufactures white paper to supply to Indian Security Press? 1. Gurgaon ( Haryana) 2. Golconda (Andhra Pradesh) 3. Houshangabad ( Madhya Pradesh) 4. Ladakh ( Jammu) 5. None 36.In 2010-2011,which country exported the huge quantity of white paper to India? 1.USA 2.Japan 3.Russia 4.Dubai 5.Australia 37.Who mints the Indian coins? 1.RBI 2.CBI 3.Government of India 4.State Bank of India 5.IDBI 38.Recently Rs. 150 coin minted in the memory of Rabindranath Tagore. The same denomination also minted in the memory of the completion of department of ……….? 1.Excise tax 2.Sales Tax 3.Income Tax 4.Finance 39.New series of Rs. 10 Gandhi Series will have…………..lettered and other features are the same, as per the order of the RBI on 19 Jan 2010? 1. Y 2. L 3. P 4. N 5. K 40.By 31 March 2010, how many villages were covered with banking services? 1.81000 2.31000 3.91000 4.15000 5.20000 41.Usha Thorat Committee suggested how many villages will have banking services by the end of 2012? 1.75000 2.100000 3.60000 4.50000 5.90000 42.On 28 Feb 2011, as per the union budget, how many villages will be provided with banking services by 2012? 1. 84000 2.10000 3.68000 4.41000 5.73000 43.As per the statement of RBI’s Deputy Governor K. C. Chakrabarty, at least all villages will have mobile banks by……………? 1. 2015 2.2020 3.2014 4.2016 5.2025 44.Which among the following is not the part of banking service? 1. Branch 2. On line banking 3. Bank hoarding 4. Appointment of business correspondent 45. ‘Bank Saathi’ means…………? 1. Nearest bank 2. Business correspondent scheme 3. Nearest ATM 4. Account for friend 5. Scheme for wife and husband 46. Business Correspondent appointed to represent the bank in rural area. Who is not eligible to act as business correspondent? 1. House Wife 2. Bank employee 3. Private employee 4. The resident of village 5. None 47.Financial inclusion means……….? 1. providing banking services in rural areas with affordable cost 2. providing corporate accounts in industrial area 3. giving many joint accounts to save the money of banks 4. not to allow the banks to villages having already branch of another bank there 5. all of above 48.On 11 February 2011,Hamara Khaata Hamara Swabhimaan(Our Account Our Pride) scheme announced. Who declared this one? 1. Indian Banks Association and SBI 2. RBI and IBA 3. SBI and IDBI 4. Ministry of Finance and World Bank 5. Indian Banks Association and Ministry of finance 49.The lowest lending in the area of ……………….? 1. Central Part of India 2. Northern Part of India 3. Southern Part of India 4. Western Part of India 5. North Eastern Part of India 50.To raise the funds in European Union GDR used. GDR means…..? 1. Global Digital Receipts 2. Global Dual Receipts 3. Global Digital Rom 4. Global Done Receipts 5. Global Depositary Receipts 51. Which bank in India usually acts as a coordinator in the operations of rural credit institutions? 1. RBI 2. SIDBI 3. NABARD 4. RRB 5. SCB 52. Who is called leader in refinance to lending institutions in rural areas? 1. ICICI 2. REPCO 3. NABARD 4. SKS 5. SFC 53.With whom NABARD got MOU to prepare a road map for its financial boost up its business? 1. System Group 2. Perfect Solutions 3. Boston Consulting Group 4. DATA CRAFT 5. None 54.Non-Performing Assets do not include…………..? a) Interest and /or installment of principal remain overdue for a period of more than 90 days in respect of a term loan b) the account remaining ‘out of order’ for a period of more than 90 days in respect of an overdraft/cash credit c) the bill remains overdue for a period of more than 90 days in the case of bills purchased and discounted d) the customer does not do any transaction in the last 90 days in savings bank account e) the cheque does not honor within 180 days 1. a b 2. a d 3. c d 4. d e 5. c e 55.RBI increases the cash limit for foreign travel to……from $ 2000 without its approval? 1. $4000 2. $7500 3. $3000 4. $10000 5. $600 56.RBI asked all banks not to honor cheques with overwriting from…? 1. 1 September 2010 2. 1 February 2011 3. 1 December 2010 4. 1 March 2011 5. 1 April 2011 57.RBI sold out its ………………….. % share in national housing index for RS. 450 crore to Union Government 1. 75 2.62 3.100 4.25 5.90 58. How much worth of bank notes is in the circulation in India as per the data released by RBI? 1. 5,22,814 cr 2. 18,22.366 cr 3. 7,88,299 crore 4. 2,25,145 cr 5. None 59. The business men and corporate sector eager to know India’s Reference Rate for the US dollar as released by RBI. RBI releases this data on…………..basis 1. Bi-monthly 2. Weekly 3. monthly 4. Half-yearly 5.Daily 60. Deposit Insurance and Credit Guarantee Corporation (DICGC) insures the deposits of the bank customers up to 1 lakh. DICGC is the wholly owned subsidiary of …? 1. SBI 2. NABARD 3. Union Government 4. RBI 5.IDBI 61.Monetary Policy of RBI does not include……………? 1.Control the supply of Money 2. Fixation of rate of interest ( least in some categories) 3. Reduction of taxes 4.Fixation of Repo rate and Reverse Repo rate 5.Fixation of Cash 62.RBI has constituted an Expert Committee under the chairman ship of ……………….studying the advisability of granting new urban co-operative banking licenses? 1. C.Ranga Rajan 2. 2. Deepak Mohanty 3. Y. H Malegam 4. Usha Thorat 5. Subhir Gokarn 63. On the eve of 125th birth anniversary of the countrys first president Rajendra Prasad and 150th birth anniversary of Nobel laureate Rabindrnath Tagore, RBI issues Rs…………..coin as per the statement given on 14 Oct 2010? 1. one 2. two 3. ten 4. twenty 5. Five 64.The Reserve Bank of India has constituted a Working Group to review the current operating procedure of monetary policy of the RBI, including the liquidity adjustment facility under the headship of…………………………….on 13 Sep 2010 1. Syamala Gopinath 2. Kaushik Basu 3. Pranab Mukarjee 4. Vijay C.Kelkar 5. Deepak Mohanty 65. RBI in one statement said that the Rupee is over-hauled, it means? 1. Rupee weakened whereas the other currencies are becoming stronger 2. Dollar weakened against Rupee in the morning but in evening it lost to Rupee 3. Rupee appreciates against other currencies; whereas other currencies are weakening 4. All currencies are stronger than Rupee, except the Dollar as it is universal currency 5. Rupee becoming stronger in that week against the all currencies 66.RBI does some Open Market Operations. Open Market Operations mean……….? 1.RBI enters in the Banking sector and offers the direct service to customers. It can give current account to customers and participate in the mutual fund markets 2. RBI participates in the selling and buying of shares in stock exchange. 3. It buys and sells the government securities in the open market . By buying it swells the liquidity by selling it sucks the load of liquidity. 4. RBI and banks buy and sell shares in the open market for profit during the first session of stock exchange business. 5. All of above 67.To study the issues and concerns of the Microfinance sector, RBI appointed a committee headed by………………………………..? 1. C.Ranga Rajan 2. Usha Thorat 3. K.C.Chakravarthy 4. Shyamala Gopinath 5. Y. H. Malegam 68. Who heads the sub-committee of Financial Stability and Development Council (FSDC), the chief regulator to regulate the regulators? 1. Finance minister 2. SEBI Chairman 3. RBI Governor 4. IRDA Chairman 5. PFRDA Chairman 69.Which famous French Bank applied to get Reserve Bank of Indias permission to start a non- banking finance company (NBFC) in India? 1. ING 2. IAG 3. BNP Paribas 4. Lombard 5. Prudential 70.An Indian company, which is otherwise eligible for ECB (External Commercial Borrowing ) can borrow up to which of the following amounts a year without prior RBI approval? 1.$ 500 Million 2.$ 300 million 3.$ 400 Million 4.$ 450 Million 5.$ 600 Million 71.In which bank Bank of Rajasthan was merged? 1.SBI 2.Syndicate Bank 3.HDFC 4.ICICI 5.Bank of Punjab 72. BOR and ICICI agreed to amalgamate with ……………a swap ratio 1.15:100 2.25:118 3.118:25 4.25:75 5.15:85 73.RBI said all………..should open no frills accounts for Minority communities for availing various scholarships? 1. Co-Operative Banks 2. Regional rural banks 3. Scheduled Commercial Banks 4. Local Area banks 5. NABARD 74.RBI issue Rs…………….and Rs……………..coins to commemorate the Common Wealth Games 2010 held at New Delhi? 1.One and Two 2.Five and Hundred 3.Two and Five 4.Five and Twenty 5.Hundred and Five Hundred 75.Since 2003, Which of the following key rate had not been altered by RBI? 1. Reverse Repo Rate 2.Repo Rate 3.Cash Reserve Ratio 4. Bank Rate 5.Statutory liquidity Ratio 76. As per RBI data currently, credit to the MSME sector accounts for about …. per cent of the total banking credit in the country? 1. 14-15 2. 20-21 3.30-35 4. 25-26 5.50-5 77.SBI christened SBI PSU FUND and rose ……….? 1. 500 cr 2. 1500 cr 3. 2000 cr 4. 1000 cr 5. 3000 cr 78.More than 1,000 kg Gold to be deposited with ………by Tirumal Tirupathi Devastanams at 1.6 % P.A? 1. State Bank of Hyderabad 2. Tirumala Bank 3. State Bank of India 4. Indian Bank 5. ICICI 79. State Bank of India became first bank to setup wind mills for captive use to adhere Green banking. These wind mills are established first in………….? 1. Andhra Pradesh 2. Haryana 3.Karnataka 4.Tamilnadu 5. Goa 80. SBI funds is the joint venture between SBI and………………? 1. Prudential ( U.S.A ) 2. BNP Paribas ( France ) 3. Allianz ( ) 4. Society General Asset Management ( France ) 5. IAG ( Australia ) 81.Which bank and Oriental Insurance Corporation Limited agreed to launch a joint medi claim policy ? 1. Andhra Bank 2. Oriental Bank of Commerce 3. PNB 4. ICICI 5. Syndicate Bank 82.The Reserve Bank of India has raised the threshold limit for real time gross settlement (RTGS) transactions from Rs 1 lakh to RS. ……………lakh? 1.1.5 2.3 3.5 4.2 5. 5.2 83.India’s First Dedicated Education Loan Company CREDILA is the associate body of……………? 1.SBI 2. Andhra Bank 3. United Bank of India 4. HDFC 5. SBH 84. SBI life insurance details are given. Pickup incorrect statement? 1. SBI Life Insurance Company Limited is a joint venture between the State Bank of India and BNP Paribas Assurance 2. SBI owns 74% of the total capital and BNP Paribas Assurance the remaining 26%. 3. BNP Paribas Assurance is the fourth largest life insurance company in France 4. On 14 Apr 2010, SBI proposed to merge BNP Paribas Indian module 5. SBI Life Insurance is registered with an authorized capital of Rs 2000 crores and a Paid-up capital of Rs 1000 Crores 85. Which bank was merged with Centurion bank? 1. Bank of India 2. bank of Maharashtra 3. Bank of Punjab 4. Indian bank 5. Corporation Bank 86. Centurion bank was merged with…………………….? 1. HSBC 2. Corporation bank 3. HDFC 4. IDBI bank 5. City bank 87. Global Trust bank was merged with ………………………? 1. HDFC 2. OBC 3. IDBI 4. Indian bank 5. Corporation bank 88.State Bank of India opened a savings bank account with RS. 1 by targeting Urban Poor. In this connection, recently it opened 20 kiosks called customer Service point ( CSP) to do this assignment. The first Kiosk opened in ……………….? 1. Luck now 2. Mumbai 3. Vijayawada 4.Hyderabad 5. Tirupathi 89. 25 % FDI allowed as per the approval of the Foreign Investment Promotion Board in to banks. How much percent of FDI allowed by direct route in banks? 1.74 2.49 3.50 4.51 5.15 90.Regional Rural banks are not in the state of Sikkim and ……………..? 1.Tamil nadu 2.Rajasthan 3.Goa 4.West Bengal 5.Jammu & Kashmir 91.Common Wealth Bank of Australia opens its first branch in India at …? 1.Delhi 2.Jaipur 3.Mumbai 4.Chennai 5.Hyderabad 92. Which two banks have executed a memorandum of understanding (MOU) to form a trust exclusively to establish and run financial literacy and credit counseling centers across various lead districts in Karnataka? 1. Andhra Bank and Union Bank of India 2. Syndicate Bank and State Bank of India 3.Syndicate Bank and Vijaya Bank 4. Andhra Bank and Oriental Bank of Commerce 5. United Bank of India and Andhra Bank 93. Which banks have comfortably retained the top rank in terms of profits/ employee, as per the data released by the Reserve Bank of India? 1. Public Sector Banks 2. Private Sector Banks 3. Foreign Banks 4. Co-operative Banks 5. Rural Banks 94. The software, styled ‘Score, invented for small banking institutions such as cooperative banks at a minimal cost. This software developed by……………? 1. Satyam Mahindra ( Pune) 2. Infosys ( Karnataka) 3. Simcom ( Haryana) 4. Microsoft ( Andhra Pradesh) 5. Perfect Software Solutions Pvt Ltd ( Kerala) 95. Which Co-operative Bank has moved the Central Government and the Reserve Bank of India for permission to issue shares at a premium to new members. it has base at Mumbai? 1. Baranagar 2. Vizayanagaram 3. Saraswat 4. Belguam 5. Annoya 96.European Central Bank (ECB) has the headquarters at…………? 1. Pairs 2. London 3. Madrid 4. Rome 5. Frankfurt 97.In context with Banking, which among the following is a correct with regard to Merchandise Credit and Merchandise Debit? 1. Merchandise credit relate to export of Durable goods while merchandise debit represent import of Durable goods 2. Merchandise credit relate to buying of goods while merchandise debit represent selling of goods 3.Merchandise credit relate to export of petrol while merchandise debit represent import of Crude 4. Merchandise credit relate to export of goods while merchandise debit represent import of goods 5. Merchandise credit relate to Balance of Payments while merchandise debit represent Balance of Trade 98.GAB ( General Agreements to Borrow ) recently signed by………….? 1. G-8 2. G-10 3. G-7 4. G-8 5. G-77 99. ………………….. has sold its 13.84 per cent stake in SBI Capital Markets Ltd (SBICAPS) to SBI? 1. World Bank 2. IMF 3.ADB 4. IFC 5. IIFC 100.Which bank is the first to issue computer chip based Debit card on pilot basis? 1. HDFC 2.ICIC 3.Axis bank 4.Syndicate bank 5.HSBC 101. State Bank of India has tied up with technology company …….. to offer kiosk banking in Mumbai and Maharashtra.? 1. Satyam 2. Micro Soft 3. Infosys 4. Oxygen 5. None 102.portal-linked service, which enables a dissatisfied customer to SMS “unhappy” to 8008202020, if he is a customer of………………………..this is the first of its kind in India? 1. SBI 2. IDBI 3. HSFC 4. ICIC 5. Indian bank 103.INFINET is a communication channel for transmission of electronic communication by banks. INFINET stands for…………? 1. Indian Financial Internal Network Electronic Transaction 2. Indian Financial Internal Network 3. Indian National Financial Internal Net Extra Track 4. Indian Financial Network 5. None 104.IDBI will tie up with…………….to boost micro- financing in India? 1. SBI 2.RBI 3.NABARD 4.SIDBI 5.ADB 105.SBI SMILE provides interest- free seed capital of up to Rs.10 lakh to ………………..? 1. Auto drivers 2. students 3. children 4. small and medium enterprises 5. NRI’s 106.If a bank account that automatically transfers amounts that exceed (or fall short of) a certain level into a higher interest earning investment option at the close of each business day that account usually called as 1. Freeze Account 2. CASA Account 3. Illegal Account 4. Sweep Account 5. In operative Account 107.In a newspaper it is read that ‘Higher Provisioning erodes public sector banks’ profit’ Here Provisioning means? 1. Daily Expenses 2. Cost to erect ATMs 3. Conducting Exams to recruit new Personal 4. bad loans 5. Establish new branches 108.Details of the loan given to appear for Competitive exams are a new type of loan. Pick up correct statements? 1. Central Bank of India is the first bank to offer this type of loan. The name of the scheme is CENT COMP-EXAM 2. the volume of the loan is Rs. 2 Lakhs 3. It must be paid within 36 months 4. Even NRI students are eligible 5. For boy students the rate of interest is 12 percent and for girl students the rate of interest is 11.5 percent 109.Micro Credit in India belongs to………………………..? 1. Semi-Commercial Banking 2. Commercial Banking 3. Non- Banking Finance 4. Cooperative Banking 5. Private Banking 110.Which is the first rural bank in the country introduced a co- branded ATM card. This is the Indian bank sponsored rural bank. 1. Puduvai Bharathiar Grama Bank (Puducherry) 2. Saptagiri Grameena Bank (Andhra Pradesh) 3. Pallavan Grama Bank ( Tamilnadu) 4. Manjira Gramina Bank( Andhra Pradesh) 5. None of above 111.First time in India, Which bank initiates to open “Youth branch”, in Andhra Pradesh having a cafeteria for chatting, video games, trendy music speakers etc? 1. State Bank of India 2. Corporation Bank 3. Federal Bank 4. HDFC 5. ICICI Bank 112.Housing finance company HDFC and private sector ICICI Bank have decided to discontinue teaser home loan schemes. Teaser home loans mean……? 1. the loans given at higher rate of interest for the first few years 2. the loans given at cheaper rates to Senior Citizens 3. the loans given at lower rates for the first few years. 4. the loans given at no interest rate 5. the loans given to employees of the same bank 113. Which of the following private sector bank is re branding itself as RBS? 1.Sumitomo Bank 2.Bank of Scotland 3.ABN Amro 4.ICICI 5.Bank of Rajasthan 114.. …………………………….Com mittee played a vital role in the genesis of the Self-Help Group and Bank linkage programmer? 1.Usha throat 2.C.Ranga Rajan 3.S.K.Kalia 4.Deepak Mohanty 5.None 115. The banking business use the word Hot Card. Hot card means…………..? 1. Card used to buy Petrol 2. Card used to buy hot deals in website 3. Card issued, but not used by customer 4. Card issued by bank but not honored by another bank. 5. Lost Credit Cards 116.Recently Reserve Bank of India, along with the Securities and Exchange Board of India (SEBI) has allowed recognized stock exchanges to launch futures currency trading in……. Futures trading in dollars-rupee were already allowed. a) euro-rupee b) pound sterling-rupee c) yen-rupee d) Ruble-rupee e) Lira-rupee 1. b c d 2. a b e 3. a b c 4. a b c d 5. All of above 117.What is NABARD’s primary role? 1. To raise the capital of state government to give loans 2. To provide term loans to State Bank of India 3. To give term loans to state Cooperative Banks 4. To assist central government for share capital share with co- operative banks 5. None 118.To open a new branch the Banks are required to take permission from …………….? 1.SBI 2.SEBI 3.Indian Banks Association 4.Finance Commission of India 5. RBI 119. Banks do not provide………………………………. 1.Issuing Negotiable instruments 2.Sale of Stamp papers at lower rates 3.Deposits 4.Lockers 5. Loans 120. Repatriation means 1. Capital flow from a home country to the foreign country. 2. Deposits move from the low interest area to high interest area 3. Capital flow from a foreign country to the country of origin 4. Capital flow from share market to safe deposits 5. Capital move from the risk area to non- risk area 121. Loan Servicing means? 1. Lending the money 2. A mortgage bank or sub- servicing firm collects the timely payment of interest and principal from borrowers 3. Helping the customer to get loan in other banks by providing the details of the running account 4. Giving a loan if the customer has any deposit 5. Giving second loan after payment of first loan regularly 122.. The obstacle for financial inclusion in India? 1. Lack of legal identity like voter id , driving license , birth certificates ,employment identity card etc, 2. Lack of basic education prevent people to have access from financial services, 3. Low income people, 4. Lack of awareness about the importance of Finance, Bank Accounts, cheque facility by the people who has basic education 5. All of the above 123.Least ten banks want to pick up stake in the proposed Central Electronic Registry (CER), to keep track of mortgages in the home loan market. CER established by …….. 1. Reserve Bank of India 2. National Housing Bank 3. HDFC 4. State Bank of Hyderabad 5. IMF 124.Luxemberg based KBC group bank purchased by……………… group? 1. Tata 2. Hinduja 3. Reliance 4. Vedanta 5. Piramal 125. Lead Bank scheme was launched on the recommendation of? 1. C.Ranga rajan 2. F.K.F.Nariman 3. Lakdawala 4. Dutt and Sundaram 5. Man Mohan Singh 126. Of the following one, which one is called as non-cash transactions? 1.Credit card 2.Debit card 3.ATM card 4.Pre-Paid card 5. All of above 127.“SBI Ka Apna Goan”, a Village Development Scheme which was introduced and gradually faded away in 1960s, is being revived by State bank of India under its CSR (Corporate Social Responsibility) . Now it’s wanted to revive first in ….? 1. Bihar 2. Rajasthan 3. Uttarakhand 4. Assom 5. Uttar Pradesh 128.RBI has both qualitative and quantitative control instruments to control the monetary policy. Among the following measures which one is qualitative one? 1. RBI decreases the CRR rate 2. RBI increases Reverse Repo rate 3. RBI announces selective credit control 4. RBI decreases the Bank rate 5. RBI alters the statutory Liquidity Ratio 129. India will improve its rank by three notches to the 8th position in the International Monetary Fund (IMF). The share improves to about 2.75 percent from the present level of 2.44 percent. China improves it rank from sixth to …………………? 1. First 2. Fifth 3. Fourth 4. Third 5. Second 130.Federation of Indian Chambers of Commerce and Industry conducted a survey. That survey reveals a fact that Indian banking is stronger on vital banking parameters than other BRIC nations. Which among the following has not been highlighted in this survey as strength of Indian Banking System? 1. Quality Human Resources 2. Regulatory system 3. Banking Technology 4. Risk Management System 5. All of above 131.RBI constituted ……………………………committee on Bench Mark Prime Lending Rate? 1. C.Ranga rajan 2. D. Subba rao 3. Deepak mohanty 4. K.C.chakravarthy 5. None 132. Solar ATMs hit soon Indian banking system. Pick up the correct statements? 1. Vortex Engineering announced the launching of large scale of Solar ATMs in India 2. These ATMs are developed in the collaboration of IIT Madras. 3. State bank of India ordered Vortex for the installation of 300 Solar ATMs 4. These ATMs are also equipped with Bio-metric option. 5. Under MGNREGS, these ATMs are erected in Cuddalore district of Tamilnadu as pilot project. 133.Of the following banks which one are wrongly matched one ? 1. HDFC Bank---The smallest credit card in the world 2. ABN-AMRO—The first transparent credit card in the world 3. Kotak Bank- The first vertical Credit Card in the world 4. SBI bank—multipurpose card in the same group 5. HSBC Bank—first public sector bank to introduce credit card in India 134.Subprime lending is a loan made to……? 1. The corporate business company which pay back its loan before the date 2. The individual who takes loan by keeping security 3. the bank was authorized by RBI to give loans at reduced rates to some people 4. Such person does not have a good credit history 5. The load of loans 135. On 11 February 2011, TTD deposited 1175 kg of gold with SBI to fetch 1.6 % rate of interest per annum. Which is the only one bank in India offers Gold Deposit Scheme? 1. Syndicate Bank 2. Andhra Bank 3. Kalinga Bank 4. OBC 5. SBI 136.11,000 Business Correspondents will be appointed by the various banks in rural areas with the help of the network FINO. FINO means……………? 1. Financial Inclusion Network and Operations 2. Financial Inclusion Net worth and Operations 3. Fundamental Inclusion Network and Operations 4. Financial Inclusion Network and Obligations 5. None 137. Skotch Financial Inclusion Award 2011 for “SGH Initiatives- Urban Financial Inclusion” given to………..? 1. Union Bank of India 2. Syndicate Bank 3. Andhra Bank 4. Indian Bank 5. State Bank of India 138.7th Annual Banking Technology Conference& Expo was held in ………………..on 2 Mar 2011? 1. Goa 2. Hyderabad 3. Thiruvananthapuram 4. Delhi 5. Mumbai 5. All of the above 139.Banks usually share the information of CIBIL at the time of giving credit to the borrowers. CIBIL stands for…………..? 1. Credit inform Bureau ( India ) Limited 2. Credit Information Bureau (India) Limited 3. Consumer Information Bureau (India) Limited 4. Credit Information Board (India) Limited 5. Collective Information Bureau (India) Limited 140.10 percent of the voting rights removed by Banking Laws (amendment) Bill 2011 in the…………….? 1. Private Banks 2. Public Sector Banks 3. Foreign Banks 4. Regional Rural Banks 5. All of above 141.On 18 March 2011, Which bank opened its foreign subsidiary in UK? 1. SBI 2. IDBI 3. HDFC 4. ICICI 5. UBI 142. The Negotiable instrument is………..? 1. Cheque 2. Demand Draft 3.Cheque 4. Bill of Exchange 5. All of above 143. ICICI decided to come in the large way to open leaset 500 branches in a year. It wants to focus on the lending to…………..sectors 1. Transportation 2. Education 3. IT 4. Road and Power sector 5. Micro Finance 144. The second largest lender in India is………? 1. SBI 2. IDBI 3. ICICI 4. UBI 5. IOB 145.The only online account B2 run by……….? 1. Syndicate Bank 2. LIC 3. Corporation Bank 4. IDBI 5. ICICI 146.M.Chidambaram Chettyar is the founder of………..? 1. ICICI 2. Andhra Bank 3. Syndicate Bank 4. IOB 5. BOI 147.Project Merlin is the contract of 4 banks and…………..? 1. England 2. Japan 3. India 4. USA 5. UK 148.The banks are issuing the Kisan credit cards these days to give the free credit period . Generally what is the Validity period of the Kisan Credit Card? 1. 1 year 2. 10 years 3. 5 years 4. 8 years 5. 3 years 149.“Next Eleven Countries” (N-11) are ………………….. as identified by the Goldman Sachs investment bank? 1. Least Developed Countries 2. Developed countries 3. No developed countries 4. Developing Countries 5. None 150. RBI had set up the sub- committee, headed by Mr Y.H. Malegam to give recommendations on the Microfinance institutions. His recommendations do not include……………………..? 1. Create Separate category of Non-Banking Finance Companies (NBFC) operating in the microfinance sector 2. Even for Micro-finance loan sector, the setup of Credit Information Bureau is essential 3. Micro Finance companies must be audited by the lead banks of the concerned districts on monthly basis 4. Limiting the lending to the same borrower to two Microfinance institutes 5. Micro Finance Companies must not charge more than 24 % from borrowers 151.In which state, the Reserve Bank of India initiated to start satellite banks in villages? 1. Andhra Pradesh 2. Bihar 3. Maharashtra 4. Jharkhand 5. Madhya Pradesh 152. On 14 January 2011, Which bank launched ‘Bank on bike’, a banking service to extend banking services in rural areas, first time in India at Cheriyal village of Medak district in Andhra Pradesh 1. Andhra Bank 2. State Bank of Hyderabad 3. ICICI 4. Syndicate Bank 5. State Bank of India 153.The Banks Punch lines are given. Pick up correct one? 1. Allahabad Bank-A tradition of trust 2. Andhra Bank-For all your needs 3. Bank of Baroda-India’s International Bank 4. Bank of India-Relationship beyond Banking 5. All of the above 154.The head offices of banks are given. Pick up incorrect one? 1. Allahabad Bank- Kolkatta 2. Andhra Bank-Hyderabad 3. Bank of Baroda-Baroda 4. Bank of India-Mumbai 5. None 155. What is meant by Medium term note? 1. A corporate note continuously offered by a bank to investors through a dealer. Investors can choose from differing maturities, ranging from 1 month to 1 year 2. A corporate note continuously offered by a company to investors through a dealer. Investors can choose from differing maturities not exceeding 6 months 3.A corporate note continuously offered by a company to investors through a dealer. Investors can choose from differing maturities, ranging from nine months to 30 years 4. A corporate note continuously offered by a company to investors asking them to take not higher or lower denomination of notes 5. None 156. Differential Rate of Scheme (D.R.S) means……….? a. The difference between the small borrowers who will be charged with more rate of interest and big borrowers are charged with less rate of interest b. The banks can discriminate between public employment employees and private employment employees c. Public and Private sector banks can discriminate the customers under this DRS d. Public sector banks are required to fulfill the target of lending of at least one percent of total advances at the end of the preceding year to the weakest of weaker sections at an interest of 4 % per annum. e. The Foreign and Indian banks differ in the evaluation of loans to be given to customers 157. R.R.B’S are entitled to enter in to the business of Mutual funds. Pick up the wrong one? 1. They are entitled to enter in to business of Mutual Funds intimating to R.B.I 2. They should not acquire the MF units from secondary markets 3. They should get special permission from State Governments 4. They should not buy back the shares from the unit holders 5. They come under the monitoring role of SEBI and R.B.I in this case 158. Goporia committee recommendations were given below, relating to the working of Banks. Find the incorrect one? 1. Extension of banking hours for all banks 2. Suspend the saving accounts as there are withdrawals 3. The readjustment of banking time for staff 4. Increase the tax benefit for bank deposit schemes 5. Optimize the powers of banking officials 159. Sometimes banks believe that the sudden decrease of loan rate of interest benefits both bank and for corporate houses. Pick up the correct one? a. This type of scheme encourages the corporate houses to pay back their high cost debts. b. This scheme helps the corporate sector to take fresh loans at lower rate of interest c. The bank is benefited by getting funds back from the risky customers. d. Prepayment charges are also collected by bank 1. ab 2. bcd 3. abc 4. abcd 5. Acd 160. Private Equity investment means? 1. purchase of a majority of total owner ship in an operating company 2. Private company divides its capital and forming in to two companies 3. Public company turns in to Private company 4. Private stake sold to another company to do another business 5. Govt. approval to its PSU to do the private business also 161.Balance of payments means a record of all economic transactions completed between its Residents of remaining world during a year . it includes? a. export value b. import value c) shipping d) banking e) tourism f) insurance g) loyalty 1. a b c d g 2. a b c d e f g 3. b c d e 4. d e f 5. a b d e f 162.Autarchy in Economy means? 1. independence of economy does not need imports 2. political dominance in parliament 3. Independent powers of RBI 163. with a view to strengthen and institutionalize the mechanism for maintaining financial stability, Government has decided to set up an apex level body, not to disturb the autonomy of regulators. It is……………? 1. Financial and regulation council 2. Regulation and stability monitoring council 3. Financial stability and development council 4. Indian Regulatory authority of stability 5. Indian financial stability and development council 164. If the net worth of company is above RS. 1000 crore by 1 Apr 2010, they should follow IFRS norms. If their net worth is RS. 500 crore –Rs.1000 crore they should follow by 1 APR 2003, and below than RS. 500 crore they should follow by 1 Apr 2014.All small and medium scale industries, Unlisted Firms are exempted from IFRS. IFRS means………..? 1. International Financial Respect scheme 2. 2.International Financial Reign System 3 Inter-continental Financial Report systems 4. International Financial Reporting Standards 5 International Financial Responsive System 165. Of the following statements which one is wrong related RBI subsidiary BRBNMPL? 1. Bharatiya Reserve Bank Note Mudran Private Limited was established by RBI 2. its wholly owned subsidiary of RBI established on 3rd February 1995 3. It is established to bridge the gap between the supply and demand for bank notes in the country. 4. The company manages 2 Presses one at Mysore in Karnataka and the other at Salboni in West Bengal 5. It is chaired by Pranab Mukharjee, the Finance Minister of India as a Full time Director 166.As per the statement given by D.Subba Rao, the governor of R.B.I, India preferrs.? 1. long term flows to short term flows and non-debt flows to debt flows. 2. Short term flows to long term flows and debt flows to non-debt flows 3. long term and short term flows 4. long term flows and debt flows 5. none 167.Which banks have comfortably retained the top rank in terms of profits/ employee, as per the data released by the Reserve Bank of India? 1. Public Sector Banks 2. Private Sector Banks 3. Foreign Banks 4. Co-operative Banks 5. Rural Banks 168.SBI SMILE provides interest- free seed capital of up to Rs.10 lakh to ………………..? 1. Auto drivers 2. students 3. children 4. Small and medium enterprises 5. NRI’s 169.Indian Banks are showing interest to do Factoring Business. Factoring means..? 1. Construction of factories in the urban areas 2. Selling and buying of shares 3. Issue loans to heavy industries in SEZ areas 4. Collection of debts of another 5. None 170.Indian Banks are showing interest to do Factoring Business. Factoring means..? 1. Construction of factories in the urban areas 2. Selling and buying of shares 3. Issue loans to heavy industries in SEZ areas 4. Collection of debts of another 171.Micro Credit in India belongs to………………………..? 1. Semi-Commercial Banking 2. Commercial Banking 3. Non-Banking Finance 4. Cooperative Banking 5. Private Banking 172.Any bank can start its branch without permission of RBI in…………..part of India? 1. North Eastern 2.North Western 3. South Western 4. South Eastern 5. Central Banking Awareness Key 1.3 2.5 3.1 4.4 5.4 6.3 7.4 8.5 9.3 10.1 11.4 12.3 13.3 14.4 15.1 16.3 17.3 18.5 19.3 20.5 21.5 22.5 23.5 24.1 25.3 26.3 27.4 28.4 29.4 30.5 31.5 32.1 33.4 34.1 35.3 36.4 37.3 38.3 39.4 40.2 41.1 42.5 43.1 44.3 45.2 46.2 47.1 48.5 49.5 50.5 51.3 52.3 53.3 54.4 55.3 56.3 57.3 58.3 59.5 60.4 61.3 62.3 63.5 64.5 65.3 66.3 67.5 68.3 69.3 70.1 71.4 72.2 73.3 74.3 75.4 76.1 77.4 78.3 79.4 80.4 81.3 82.5 83.4 84.4 85.3 86.3 87.2 88.4 89.2 90.3 91.3 92.3 93.3 94.5 95.3 96.5 97.4 98.2 99.3 100.3 101.4 102.1 103.4 104.4 105.4 106.4 107.4 108.4 109.3 110.3 111.1 112.3 113.3 114.3 115.5 116.3 117.3 118.5 119.2 120.3 121.2 122.5 123.2 124.2 125.2 126.5 127.4 128.3 129.4 130.1 131.3 132.4 133.5 134.4 135.5 136.1 137.4 138.2 139.2 140.1 141.5 142.5 143.4 144.5 145.5 146.3 147.1 148.5 149.4 150.3 151.4 152.5 153.5 154.5 155.3 156.4 157.3 158.2 159.4 160.1 161.2 162.1 163.3 164.4 165.5 166.1 167.3 168.4 169.4 170.4 171.3 172.1
Posted on: Thu, 07 Aug 2014 05:55:20 +0000
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