(a) Insolvency of the borrower
(b) Lunacy of the borrower
(c) Death of the borrower
(d) All of the above
(e) None of these
2. Banks do not purchase/discount:
(a) Accommodation Bills
(b) Documentary Bills
(c) Usance Bills
(d) Clean Bills
(e) None of these
3. The biggest international financial center in the world is:
(a) Frankfurt
(b) Geneva
(c) London
(d) New York
(e) None of these
4. Which of the following Institutions extends maximum term loan to States:
(a) NABARD
(b) LIC
(c) IDBI
(d) IFCI
(e) None of these
5. For which of the following purpose can banks grant Working Capital Term Loan:
(a) Meeting margin for term loan
(b) Meeting margin for working capital loan
(c) Meeting contingent expenses
(d) Meeting credit needs for peak season in an industry
(e) None of these
6. Loan System of Advances has been recommended by:
(a) Rashid Jilani Committee
(b) Narasimham Committee
(c) Goiporia Committee
(d) Tandon Committee
(e) None of these
7. Which of the following is not an indicator of productivity for a bank branch:
(a) Business Per Employee
(b) Accounts (both deposits and advances) Per Employee
(c) Net Profit Per Employee
(d) Neat and clean ambience
(e) None of these
8. "Service Area Approach" was recommended by:
(a) Dr. P. D. Ojha Committee
(b) A. D. Gorawala
(c) R. V. Gupta
(d) Dr. Kalia
(e) None of these
9. Records, as per Banking Regulation Act, 1949 means:
(a) Vouchers
(b) Account Opening Forms
(c) Ledgers / Registers
(d) All of these
(e) None of these
10. The Indicative Time Norm for issue of demand draft has been stipulated at:
(a) 5 minutes
(b) 10 mintues
(c) 15 mintues
(d) 20 mintues
(e) None of these
11. In which year the Tiwari Committee recommanded for establishment of Special Tribunals for Banks dues recovery:
(a) 1981
(b) 1987
(c) 1991
(d) 1995
(e) None of these
12. As per the guidelines issued by the SEBI the permanent Account Number (PAN) is a must for which of the following:
(a) Demat Accounts
(b) All Savings Bank Accounts
(c) All Housing Loan Accounts
(d) All Current Accounts
(e) None of these
13. The first Indian RRB that is sponsored by the Union Bank that has achieved core banking solution is:
(a) Kheladi Grameen Bank
(b) Riddhi Siddhi Grameen Bank
(c) Rewa Siddhi Grameen Bank
(d) The Rewa-Dahej Bank
(e) None of these
14. Bad loans in banking terminology are generally known as:
(a) Prime Loans
(b) Prime Asset
(c) BPOs
(d) NPAs
(e) None of these
15. Currency notes issued by RBI are fully covered by:
(a) Approved assets
(b) Gold
(c) Foreign exchange
(d) All of these
(e) None of these
Answers
1. All of the above
2. Accommodation Bills
3. London
4. LIC
5. Meeting margin for working capital loan
6. Rashid Jilani Committee
7. Neat and clean ambience
8. Dr. P. D. Ojha Committee
9. All of these
10. 10 mintues
11. 1981
12. Demat Accounts
13. Rewa Siddhi Grameen Bank
14. NPAs
15. All of these
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