1. Which bank is appointed to take care of refunding excess income tax paid to tax payers? a) AXIS Bank b) PNB c) ICICI Bank d) SBI e) None of these 2. What is nomination? a) A facility given to depositors by the Government b) It confers a right to the nominee to receive payment of a deposit after death of depositor c) It is a process of appointing legal heir by the depositors d) It is a part of will on behalf of a depositor e) It is a direction to the bank to pay to nominee only if legal heirs do not claim the balance deposit amount 3. Relation between banker & customer in respect of amounts in transit is: a) Agr & Principle b) Debtor & Creditor c) Trustee & Beneficiary d) None of these e) All of these 4. The charge created by a bank to sanction a loan against Insurance Policy is: a) Assignment b) Arbitrage c) Amortization d) Acquisition e) None of these 5. Which public sector bank is the leader in mobile banking business in India? a) ICICI b) HDFC c) SBI d) Axis Bank e) UBI 6. The Reserve Bank of India (RBI) has decided to withdraw its nominee directors from the boards of which of the following types of banks? a) Co-operative Banks b) Nationalized Banks c) Private Sector Banks d) Foreign Banks e) None of these 7. The National Agricultural Insurance Scheme was started by the Govt. of India in ___ a) 1990-91 Kharif season b) 1995-96 Kharif-season c) 1997-98 Rabi Season d) 1998-99 Kharif season e) 1999-2000 Rabi season 8. Which of the following nations is considered the originator of the concept of Micro Finance? a) India b) Bangladesh c) South Africa d) USA e) Canada 9. Which of the following is NOT a foreign bank functioning in India? a) BNP Paribas b) Bank of Nova Scotia c) Standard Chartered Bank d) HSBC e) YES BANK 10. As per the current year taxation policy the maximum amount of housing loan rebate under section 80C is allowed up to ___ a) Rs. 1.00 lakh b) Rs. 1.50 lakh c) Rs. 2.00 lakh d) Rs. 2.50 lakh e) Rs. 3.00 lakh 11. 84th annual general meeting of BIS held in ___ a) Hyderabad b) Tokyo c) Frankfurt d) Paris e) Basel 12. Which among the following is correct full form of CAS in context with banking market in India? a) Cash Authorization Scheme b) Credit Authorization Scheme c) Credit Access System d) Credit Arrangement System e) Cash Accreditation Scheme 13. Which of the following term is NOT related with Banking/ Finance? a) Annuity b) Line of Credit c) Legal heir d) Fore Closure e) None of the above 14. What will be the impact on the cash reserves of commercial banks if RBI conducts a sale of securities? a) Increase b) Decrease c) Remain constant d) Increase or Decrease e) Increase if the securities are sold in open market operations 15. Banks in India are permitted to have fixed deposit for a period of maximum ____ a) 60 months b) 72 months c) 84 months d) 96 months e) 120 months > 1) d 2) b 3) c 4) c 5) c 6) c 7) e 8) b 9) e 10) c 11) e 12) b 13) e 14) b 15) e
Posted on: Wed, 08 Oct 2014 09:59:44 +0000