Q 1. What will happen if there is an increase in Cash Reserve Ratio (CRR)?
A. Their will be a decrease in lendable resources
Q 2. Why Reserve Bank of India (RBI) also known as lender of last resort?
A. As RBI is also known as Banker of Banks, it provides emergency advances to the banks during the time of crisis.
Q 3. Whenever a bank returns a cheque unpaid, then what that cheque is called?
A. Dishonour Cheque
Q 4. Which is the third largest public sector bank of India?
A. Punjab National Bank (PNB), whereas Bank of Broda stood 2nd and SBI on 1st position.
Q 5. What does ASBA stands for?
A. Application Supported by Blocked Amount
Q 6. In which year RBI announced Banking Ombudsman scheme?
A. 1995
Q 7. What is the percentage of Foreign Direct Investment (FDI) in private sector banks?
A. 74%
Q 8. How many directors are associated with reserve Bank of India?
A. Fifteen
Q 9. Which policy is adopted by RBI during Inflation?
A. Dear Money Policy
Q 10. What is the main function of World Bank?
A. To promote the growth of international trade
Q 11. Which negotiable instruments can be crossed to banks?
A. Bill of Exchange
Q 12. Which act is associated with problem of Non Performing Assets?
A. Banking Regulation Act, 1949
Q 13. Savings account is also known as?
A. Common man account
Q 14. What are linked accounts?
A. Accounts which are linked together within a same bank fir transferring money electronically.
Q 15. Why banking ombudsman scheme launched?
A. The scheme was announced to resolve customer complaints with the services of banks.
Q 16. Why KYC is launched by RBI?
A. RBI announced Know Your Customer (KYC) to ensure the correct identity of the customer.
Q 17. Goods and Services Tax would replace which tax?
A. Value Added Tax
Q 18. What does FRBM stands for?
A. Fiscal Responsibility and Budget Management
Q 19. Which organisation or institution decides base rate?
A. The individual respective bank.
Q 20. If a loan is provided at a below market rate of interest then what that loan is called?
A. Soft Loan
Q 21. What does currency swap means in General banking terms?
A. Currency swap is use to manage cash flows in different countries.
Q 22. What does consumer durable loan means?
A. It is loan which is provided for the purchase of white goods.
Q 23. Bank rate is also called________?
A. Policy Rate
Q 24. The loan provided by a bank for purchase of home is called as?
A. Retail Loan
Q 25. The loans which are provided to low income groups in small amount is called?
A. Micro Credit
Q 26. In general Banking terms what does BCSBI stands for?
A. Banking Codes and Standards Board of India.
Q 27. The 8th G-20 summit held in which country?
A. Saint Petersburg, Russia
Q28. Recently Amitabh Bachchan Honoured with which award?
A. 2013 Global Diversity Award
Q 29. Which country will host 2020 Summer Olympics Games?
A. Tokyo, Japan
Q 30. Who is the new President of International Olympic Committee?
A. Thomas Bach
Q 31. Name the Liberia President who recently visited India and was granted with Indira Gandhi Prize for Peace, Disarmament and Development for the year 2012?
A. Ellen Johnson Sirleaf
Q 32. International Day of Peace is observed on?
A. 21st September
Q 33. With which country India signs Double Taxation Avoidance Convention (DTAC) in New Delhi on 8th August 2013?
A. Morocco
Q 34. Who is the writer of the book “Dhyan Chand – The Wizard of Hockey’?
A. Luis Fernandes
Q 35. Who is appointed as the new chairperson of the confederation of India Industry (CII)?
A. Senapathy Gopalakrishnan
Q 36. Golf player vijay singh belongs to which country?
A. Fiji
0 comments:
Post a Comment