We are giving below objective type questions alongwith four
choices. You should choose the correct answer and then click on the
"Get Answer to Q No. " tab. You will get the correct answer in the last
column.
Q. No
Question
Choices
Answer
Q51:
Which was the first country to introduce polyster notes?
(A) USA
(B) Australia
(C) Canada
(D) Germany
Q52:
Which of Indias Public Sector Bank has opened its 15000th branch in Aug 2013?
(A) SBI
(B) PNB
(C) BOI
(D) BOB
Q53:
The banks will be compensated by RBI to the extent of _______% of the counterfeit notes of Rs. 100 denomination and above, detected and reported to RBI and Police Authority.
(A) 20
(B) 25
(C) 50
(D) 75
Q54:
All Counterfeit Notes received back from the police authorities has to be carefully preserved in the safe custody of the bank for how many years from the date of receipt ?
(A) 1year
(B) 2 year
(C) 3 years
(D) 5 years
Q55:
What is the full form of GIRO?
(A) General Inter Bank Reversal Order
(B) General Indian Bank Recurring Order
(C) General Intra Bank Recurring Order
(D) General Inter Bank Recurring order
Q56:
Which of the following are true regarding the GIRO Payments?
(A) A GIRO transfer is a payment instruction from one bank account to another bank account.
(B) GIRO is initiated by the payer instead of the payee.
(C) The transaction may involve the presence of 3 banks, collector bank, payer bank and payee bank
(D) All the above
Q59:
The Cabinet Committee on Economic Affairs (CCEA) on Thursday cleared a proposal by Axis Bank to increase foreign equity from the existing 49% to ______%
(A) 0.62
(B) 0.51
(C) 0.75
(D) 0.74
Q60:
Which Public sector lender has received nearly Rs 200 crore capital infusion from the government?
(A) Allahabad Bank
(B) Andhra Bank
(C) Indian Bank
(D) IDBI Bank
Q61:
Pehchano Paise Ki Boli, Kyunki Paisa Bolta Hai is associated with
(A) instructions issued by by SBI to detect counterfeit notes.
(B) website of RBI explaining ways to detect counterfeit notes.
(C) instructions issued by RBI to use currency notes judiciously.
(D) instructions of Finance Ministry explaining ways to detect counterfeit notes.
Q62:
RBI has issued a new series of __________ with the rupee symbol and new security features to faciliatate easy recognition.
(A) 1 rupee coin
(B) 50 paisa coins
(C) 5 rupee coin
(D) 10 rupee coin
Q63:
_________ Bank is the first bank which announced that its Risk Management Department has received ISO 27001 certification from the British Standards Institute.
(A) Union Bank of India
(B) United Bank of India
(C) Vijaya Bank
(D) Syndicate Bank
Q64:
Which scheme is launched by SBI (State Bank of India) that enables the people to transfer money to their families in their native towns and villages without actually opening an account.
(A) Urgent Banking Scheme
(B) Tatkal scheme
(C) Mobile scheme
(D) Direct Transfer scheme
Q65:
RBI issued a guide lines that all the cheques should be cleared in _______ days
(A) 1
(B) 2
(C) 3
(D) 5
Q66:
Janakiraman Committee - To investigate the security transactions of the bank
(A) Raghuraman Committee
(B) Thorat Committee
(C) None of the above
(D) Janakiraman Committee
Q67:
The Reserve Bank of India (RBI) on 19 November 2013 directed Public Sector Banks (PSBs) to provide loans to women self-help groups (SHGs) at 7 per cent per annum to avail the benefit of interest rate subvention scheme under the Swarnajayanti Gram Swarozgar Yojana-Aajeevika (SGSY) scheme
(A) 0.07
(B) 0.08
(C) 0.09
(D) 0.075
Q68:
Which of the following is not true regarding the Basic Savings Bank Deposit Account (BSBDA)
?
(A) It allows to bank with a zero minimum balance requirement
(B) BSBDA guidelines are applicable to all commercial banks in India.
(C) The aim of introducing BSBDA is part of the effort of RBI for furthering financial inclusion objectives.
(D) BSBDA is applicable only for weaker sections of the society.
Q69:
If a bank owned by private person or entities start to lend to its different verticals, it is known as
(A) Vertical lending
(B) Connected Banking
(C) Vertical Banking
(D) Diverted Banking
Q70:
What are the features of Star series notes?
(A) the star series notes are adopted for replacement of defectively printed banknotes.
(B) They have an additional character "*"
(C) From 2009 star or replacement notes are issued for Rs.100.
(D) All the above
Q71:
New banks will have to set up ______% of its branches in unbanked rural areas.
(A) 0.1
(B) 0.2
(C) 0.25
(D) 0.27
Q72:
India and Pakistan have agreed to allow two banks each from both the countries to set up branches across the border. The two Indian banks are SBI and _______ and two Pakistani banks are National Bank of Pakistan and United Bank Ltd
(A) BOI & National Bank of Pakistan
(B) BOI & Bank of Pakistan
(C) BOB & National Bank of Pakistan
(D) BOB & Bank of Pakistan
Q73:
According to IBA (Indian Banking Association) guidelines duration of education loans would be increased 7 – 10 yrs. In special case it would extend to _______yrs.
(A) 11
(B) 15
(C) 13
(D) None of the above.
Q74:
The State Bank of Travancore launched a new service for its customers - doorstep banking. Customers who opt for this service have to just ring up the bank and inform it that money has to be deposited and soon the banks vehicle along with its staff will arrive at the doorstep to collect the amount. The minimum pick- up will be Rs. _________ lakh and the maximum would be Rs. 20 million
(A) 8
(B) 10
(C) 5
(D) 15
Q75:
The ________ has overtaken the euro to become the second most-used currency in trade finance, according to Swift, the financial messaging service.
(A) USD
(B) renminbi
(C) Pound
(D) Yen
This is our maiden attempt to give such questions.
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