TEST PAPER 6-10-2014 ) Which of the following is known as cross selling by Banks ? A) Sale of a debit card to a credit card holder B) Sale of Insurance policy to a depositor C) Issuance of Cash against Cheque presented by a third party (1) Only (A) (2) Only (B) (3) Only (C) (4) Both (A) and (C) (5) All (A), (B) and (C) 2) Financial inclusion means provision of (1) financial services namely, payments, remittances, savings, loans and insurance at affordable cost to persons not yet given the same. (2) ration at affordable cost to persons not yet given the same. (3) house at affordable cost to persons not yet given the same. (4) food at affordable cost to persons not yet given the same. (5) education at affordable cost to persons not yet given the same. 3) Which of the following is correct statement ? (1) Normally no interest is paid on current deposit accounts (2) Interest is paid on current accounts at the same rate as term deposit accounts. (3) The rate of interest on current account and savings account are the same. (4) No interest is paid on any deposit by the bank. (5) Savings deposits are the same as current deposits. 4) Which of the following is/are commodity/ies on which subsidy is given to farmers/poor in India ? (A) Fertilizer (B) Kerosene (C) LPG (1) Only A (2) Only B (3) Only C (4) Only A & C (5) All A, B & C 5) Which of the following is the correct statement? (1) State bank of India is the sole authority to issue and manage currency in India. (2) A nationalized bank is the sole authority to issue and manage currency in India. (3) A cooperative bank is the sole authority to issue and manage currency in India. (4) RBI is the sole authority to issue and manage currency in India. (5) None of these 6) Banks in our country normally publicise that additional interest rate is allowed on retail domestic term deposits of (1) Minors (2) Married women (3) Senior citizens (4) Govt. employees (5) Rural residents 7) Which of the following is not considered a money market instrument? (1) Treasury bills (2) Repurchase Agreement (3) Commercial Paper (4) Certificate of Deposit (5) Shares and bonds 8) A centralized database with online connectivity to branches, internet as well as ATM-network which has been adopted by almost all major banks of our country is known as (1) investment banking (2) core banking (3) mobile banking (4) national banking (5) specialized banking 9) Interest on savings bank account is now calculated by banks on (1) minimum balance during the month (2) minimum balance from 7th to last day of the month (3) minimum balance from 10th to last day of the month (4) maximum balance during the month (5) daily product basis 10) Who among the followings has been appointed as a director on board of Bank of America - the first non-American on the board of the one of the largest financial institutions in the world? (1) Azim Premji (2) Ratan Tata (3) Mukesh Ambani (4) K. V. Kamath (5) Chanda Kocher 11) When the rate of inflation increases (1) purchasing power of money increases (2) purchasing power of money decreases (3) value of money increases (4) purchasing power of money remains unaffected (5) amount of money in circulation decreases 12) What is the full form of ‘FINO’ a term we see frequently in financial newspapers ? (1) Financial Investment Network and Operations (2) Farmers’ Investment in National Organisation (3) Farmers Inclusion News and Operations (4) Financial Inclusion Network and Operations (5) None of these 13) What does the letter ‘L’ denote in term ‘LAF’ as referred every now and then in relation to monetary policy of the RBI ? (1) Liquidity (2) Liability (3) Leveraged (4) Longitudinal (5) Linear 14) Distribution of insurance products and insurance policies by banks as corporate agents is known as (1) General Insurance (2) Non-life insurance (3) Bancassurance (4) Insurance banking (5) Deposit insurance 15) Upper limit prescribed for RTGS transaction is (1) Rs.1 lac (2) Rs.2 lacs (3) Rs.5 lacs (4) Rs.50 lacs (5) No upper limit is prescribed 16) Which of the following organizations/agencies has sought an emergency fund of Rs.1000 crore from banks to tackle acute liquidity crisis, which is coming in the way to give loans to micro borrowers? (1) Regional Rural & Cooperative Banks (2) RBI (3) Micro Finance Institutions (4) NABARD (5) None of these 17) Which of the following types of accounts are known as ‘Demat Accounts” ? (1) Accounts which are Zero Balance Accounts (2) Accounts which are opened to facilitate repayment of a loan taken from the bank. No other business can be conducted from there (3) Accounts in which shares of various companies are traded in electronic form (4) Accounts which are operated through internet banking facility (5) None of these 18) Mortgage is a (1) security on movable property for a loan given by a bank. (2) security on immovable property for a loan given by a bank. (3) concession on immovable property for a loan given by a bank. (4) facility on immovable property for a loan given by a bank. (5) security on immovable property for a deposit received by a bank. 19) When a bank returns a cheque unpaid, it is called — (1) payment of the cheque (2) drawing of the cheque (3) cancelling of the cheque (4) dishonour of the cheque (5) taking of the cheque 20) Fixed deposits and recurring deposits are — (1) repayable after an agreed period (2) repayable on demand. (3) not repayable. (4) repayable after death of depositors. (5) repayable on demand or after an agreed period as per bank’s choice. 21) The usual deposit accounts of banks are (1) Current accounts, electricity accounts and insurance premium accounts (2) Current accounts, Post office savings bank accounts and term deposit accounts (3) Loan accounts, savings bank accounts and term deposit accounts (4) Current accounts, savings bank accounts and term deposit accounts (5) Current bill accounts and term deposit accounts 22) Accounts are allowed to be operated by cheques in respect of (1) Both Savings bank accounts and fixed deposit accounts (2) Savings bank accounts and current accounts (3) Both Savings bank accounts and loan accounts (4) Both Savings bank accounts and cash accounts only. (5) Both Current accounts and fixed deposit accounts 23) Interest payable on savings bank accounts is (1) not regulated by RBI. (2) regulated by State Governments. (3) regulated by Central Government. (4) regulated by RBI. (5) regulated by Finance minister. 24) Which of the following statement is true ? (1) Banks cannot accept demand and time deposits from public. (2) Banks can accept only demand deposits from public. (3) Banks can accept only time deposits from public. (4) Banks can accept both demand and time deposits from public. (5) Banks can accept demand and time deposits only from government 25. Whose is the Captain of Indian Hockey Team participating in Asian Games ? (1) Dillip tricky 2) Bharat Khestry 3) 4) Pargat Singh 5) Sardar Singh 26. Government, as part of Recapitalization plan, Infused capital in State Bank of India recently, Indicate the approximate capital Infusion. 1)500Cr. 2)1,000 Cr. 3) 1,500 Cr. 4)2,000 Cr. 5)3,000 Cr. 27. The NRIs while investing in the equity of a banking Company cannot Buy more than a prescribed percentage of the paid up capital of that company with out permission of RBI . What is the prescribed percentage? 1)2% 2)3% 3) 4% 4) 5% 5)6% 28. Every Year March 20 is celebrated as what day? 1) World Sparrow Day 2) International Women’s Day 3) World Cuckoo Day 4) International Children’s Day 5) International Mother’s Day 29. One of the famous Indian Sports persons released his/her autobiography ‘Playing to Win’ in November 2012.Name the Sports person correctly. 1) Saina Newhal 2) Mary Kom 3)Yuraj Singh 4) Sachin Tendulkar 5) Sushil Kumar 30. Which of the following terms is associated with the game of Cricket? 1) Bouncer 2) Love 3) Goal 4) Mid-Court 5) Collision 31. Who is the author of the Book ‘Bend in the River ’? 1) Ravinder Singh 2) Peerti Shenoy 3) Amshi Tripathi 4) V.S.Niapaul 5) Alam Srinivas 32. Prof.Muhammad Yunus, the recipient of the Nobel Peace Prize 2006,is the exponent of which of the following concepts in the field of banking? 1) Core Banking 2) Micro Credit 3) Retail Banking 4) Real Time Gross Settlement 5) Internet Banking 33. Invisible export means export of 1) Services 2) Prohibited goods 3) Restricted goods 4) Goods as per OGL list 5) Other than those given as options 34.. The Mexico has which of the following as a currency? 1) Dollar 2) Dinar 3) Yen 4) Euro 5) Peso 35. Bank in India is required to maintain a portion on of their demand and time Liabilities with the Reserve Bank of India. This Portion is called. 1) Reverse Repo 2) Cash Reverse Ratio 3) Bank Deposit 4) Statutory Liquidity Ratio 5) Government Securities 36. Pre-shipment finance is provided by the banks only to 1) Credit card Holders 2) Students aspiring for further studies 3) Brokers in equity market 4) Village Artisans 5) Exporters 37. Banking Ombudsman is appointed by 1) Government of India 2) State Governments 3) RBI 4)ECGC 5)Exim Bank 38. Holidays for the Banks are declared as per 1) Reserve Bank Act 2) Bank Regulation Act 3) Negotiable Instrument Act 4) Securities and Exchange Board of India Act . 5) Company Act 39.. Which of the following organizations is made specifically responsible for empowering Micro, Small, Medium enterprises in India? 1) NABARD 2) RBI 3) SIDBI 4) ECGC 5) SEBI 40.. minimum Interest on Savings deposit nowadays is 1) Fixed by the RBI 2) Fixed by the respective Banks 3) Fixed by the depoisters 4) Fixed as per the contract between the Bank and the Consumer Court 5) Not paid by the Bank 41. Interest below which a bank is not expected to lend to customers is known as 1) Deposit Rate 2) Base Rate 3) Bank Rate 4) Prime Lending Rate 5) Discount Rate 42. The Customers by opening and investing in the Tax Saver Deposit Account Scheme in a Bank would get benefit under 1) Sales Tax 2) Customs Duty 3) Excise Duty 4) Professional Tax 5) Income Tax 43. In the Banking Business, when the borrowers avail a Term Loan, initially they are given a repayment holiday and this is referred as 1) Subsidy 2) Interest Waiver 3) Re-Phasing 4) Interest Concession 5) Moratorium 44. One of the IT companies from India has become the first Indian company to trade on NYSE Euronext London and Paris Markets from February 2013 onwards. Which is this company? 1) Wipro Infotech Ltd. 2) L & T Infotech. 3) HCL Technologies Ltd. 4) Infosys Technologies Ltd. 5) Polaris Financial Technology Ltd. 45 . FITSE is Index of stock Exchange of 1) Japan 2) Germany 3) London 4b Singapore 5) Other than those given as options 46.A non-performing asset is 1) Money at call and short notice 2) An asset at cease to generate income 3) Cash balance in till 4) Cash balance with RBI 5) Balance with other banks 47. RBI granted License to two banks in the private sector in the month of February 2013.One of the norms is at least a prescribed percentage of branches of a new bank should be set up in unbanked rural centers with a population up to 9,999. What is the percentage of such branches prescribed in the norms? 48.10% 2) 15% 3) 18% 4) 25% 5) other than those given as option 49. The Union Budget of 2014-15 proposed by the Finance minister announced the amount for national rural drinking water ? 1)100 cr 2) 1800 cr 3)3600 4) 4000 cr 5) 10000 cr 50. Government usually classifies its expenditure in terms of planned and non-planned expenditure. Identify which is the correct definition of planned expenditure. 1) It represents the expenditure of all the State Governments. 2) It represents the total expenditure or the Central Government. 3) It is the expenditure which is spent through centrally sponsored programmes and flagship schemes of the Government .4) It represents the expenditure incurred on Defense. 5) Other than those given as options 25. Which of the following organizations is made specifically responsible for empowering Micro, Small, Medium enterprises in India? 1) NABARD 2) RBI 3) SIDBI 4) ECGC 5) SEBI 26.”C” in CPU denotes 1) Central 2) Common 3) Convenient 4) Computer 5) Circuitry 27. A joystick is primarily used to/for 1) Print Text 2) Computer gaming 3) Enter Text 4) Draw Pictures 5) Control Sound on the Screen 28. Which is not a Storage device? 1) CD 2) DVD 3) Floppy Disk 4) Printer 5) Hard disk 29. Which of the following uses a handheld operating system? 1) A Super Computer 2) A Personal Computer 3) A Laptop 4) A Mainframe 5) A PDA 30. To the display the contents of a folder in Windows Explorer you should 1) Click on it 2) Collapse it 3) name it 4) give it a password 5) rename it 31. The CPU Comprises of Control, Memory and ——-units 1) Microprocessor 2) Arthimetic/Logic 3) Output 4) ROM 5) Input 32. —————— is the most important /powerful computer in atypical network. 1) Desktop 2) Network Client 3) Network Server 4) Network station 5) Network Switch. 33. A(n)————– appearing on a web page opens another document when clicked. 1) Anchor 2) URL 3) Hyperlink 4) reference 5) heading 34. Which of the following refers to the rectangular area for displaying information and running programes? 1) Desktop 2) Dialog box 3) Menu 4) Window 5) Icon 35. ————is a Windows Utility programme that locates and eliminates unnecessary fragments and rearranges files and unused disk space to optimize operations. 1) Back Space 2) Disk cleanup 3) Disk Defragmenter 4) Restore 5) Disk Restorer 36. Which of the following refers to too much electricity and may cause a voltage surge? 1) Anamly 2) Shock 3) Spike 4) Virus 5) Splash 37. The Software that is used to create a text based documents are referred to as 1) DBMS 2) Suites 3) Spreadsheets 4) Presentation Software 5) Word Processors 38. ————devices convert human understandable data and programs into a form that the computer can process. 1) Printing 2) Output 3) Solid State 4 ) Monitor 5)Input 39. Effective Selling Skills depends on the 1) Number of Languages depends on the DSA 2) Data on Marketing Staff 3) Information regarding IT market 4) Knowledge of related markets 5) Ability to talk fast 40. A Direct Selling Agent (DSA) is required to be adept in 1) Surrogate Marketing 2) Training skills 3) Communication Skills 4) Market Research 5) OTC Market 41. Leads can be best sourced by 1) Foreign Customers 2) Yellow pages 3) Dictionary 4) List of Vendors 5) Local supply chains 42. A successful marketing person requires one of the following Qualities: 1) Empathy 2) Sympathy 3) Insistence 4) Aggressiveness 5) Pride 43. Innovation in a market is same as 1) Abbreviation 2) Communication 3) Creativity 4) Aspiration 5) Research work 44. Market segmentation can be resorted by dividing target group as per 1) Income levels of Customers 2) age of the employees 3) Needs of the Salespersons 4) Marketing skills of the employees 5) Size of the Organization 45. Post-Sales activities include 1) Sales presentation 2) Customer’s feedback 3) Customer Identification 4) Customer’s apathy 5) Product Design 46. The USP of a product denotes the 1) Usefulness of the product 2) Drawbacks of the product 3) Main Functions 4) Number of allied products available 5) High selling features of a product 47. The Competitive position of a company can be improved by 1) Increasing the selling price 2) Reducing the margin 3) Ignoring the Competitors 4) Increasing the Cost price 5) Understanding and fulfilling customer’s needs 48. Value added services means 1) Low cost products 2) High-cost products 3) At-par servicesjmn,. 4) Additional services for the same cost 5) Giving Discounts 49. The Target market for Debit cards is 1) All existing account holders 2) All Agriculturists 3) All DSA’s 4) All Vendors 5) All Out scoured vendors 50. A good Brand can be built up by way of 1) Customer Grievances 2) Break-down of IT Support 3) Old age 4) Large number of Products 5) Consistent offering of good services
Posted on: Sat, 11 Oct 2014 23:55:36 +0000
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