1. Which of the following statement is not correct about co-operative banks? (a) These have been established under the co-operative society’s act of different states (b) These follows three tier system (c) Banking regulation act of 1949 is fully applicable to commercial banks (d) These banks functions on the principle of co-operation and not entirely on commercial parameters (e) All are correct 2. Kapoor committee, 1999 is related to ____. (a) Micro-finance (b) Restructuring of RRBs (c) Capital Account convertibility (d) Co-operative Banking Reforms (e) None of these 3. Which of the following is a negotiable instrument? (a) Share certificate (b) Bank note (c) Postal order (d) Money order (e) None of these 4. Transfer of any document or instrument to another person by signing on its back or face or on a slip of paper attached to it, is called ____. (a) Endorsement (b) Prescription (c) Lien (d) Hypothecation (e) None of these 5. For a Non Performing Assets (NPA), what causes the assets to become Non Performing? (a) Banks have to make provision for these loans in their balance sheet. (b) Recovery of advances becomes difficult (c) Interest on these accounts are not charged (d) All of above (e) Only (a) and (b) 6. The banker, under a statutory obligation pays a customer cheque in the ordinary course of business. If he fails to do so, he is liable to pay for damages to the customer. This act is known as _____ of cheque. (a) Credit (b) Rationing (c) Honoring (d) Obligation (e) None of these 7. Who is having the major stakes in NABARD? (a) RBI (b) Central Government (c) SBI (d) Ministry of Finance (e) None of these 8. Expand REDP. It is an initiative by NABARD. (a) Rural Employment Development Programme (b) Rural Entrepreneurship Development Programme (c) Rural Employment Development Planning (d) Rural entrepreneurship Development Planning (e) None of these 9. When was SEBI established? (a) 1990 (b) 1991 (c) 1992 (d) 1984 (e) None of these 10.Which of the following institution is meant for small and medium enterprises? (a) RBI (b) NABARD (c) IFCI (d) SIDBI (e) None of these 11.Under the second phase of nationalization, 07 banks were nationalized. Their deposits were over ____ crore. (a) 2 (b) 20 (c) 200 (d) 100 (e) None of these 12.The tag line ‘A friend you can bank on’ is of which bank? (a) Bank of Baroda (b) Bank of Maharashtra (c) Vijaya Bank (d) UCO Bank (e) None of these Answers 1. C 2. D 3. B 4. A 5. D 6. C 7. B 8. B 9. C 10. D 11. C 12. C
Posted on: Fri, 17 Oct 2014 05:17:02 +0000
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