The electronically operated commodity exchange at national level is :
(a) National Commodity and Derivative Exchange
(b) National Multi- Commodity Exchange of India
(c) Multi-commodity Exchange of India
(d) Commodity Exchange of India
Ques 2.
Te Settlement Agent for RTGS is :
(a) Reserve Bank of India
(b) State Bank of India
(c) Indian Bank's Association
(d) National Clearning Corporation
Ques 3.
Which of the following is a feature of Spot Trade :
(a) Spot Trade is process of settlement where payments and receipts of funds are settled in respective currencies
(b) under Spot Trade, settlement takes place within two working days from the date of trade
(c) under spot Trade, a currency can be bought or sold with settlement on the same date
(d) under spot trade , Settlement can happen on the next date
Ques 4.
Which of the following is considered a material alteration :
(a) converting a cheque from " Bearer" to "Order"
(b) converting a cheque from " Order" to "Bearer"
(c) filling in the date on an undated cheque
(d) crossing an open by the holder
Ques 5.
Which of the following is correct regarding "Rabi Season";
(a) April to September
(b) October to February
(c) June to December
(d) None of these
Ques 6.
Fro which one of the following Loan products "Teaser Loans' are offered by Banks :
(a)Education Loans
(b) Commercial Loan
(c) Loan Against security of Gold
(d) Home Loan
Ques 7.
The Exim Bank has been set up for the purpose of :
(a) Functioning as a specialised institution for providing comprehensive credits on international competitive terms for except of capital goods, engineering goods, manufactured produced , projects and services.
(b) Offering advisory services to exporters for non-traditional exports
(c) providing refinance facilities in regard to export financing by banks and other financial institutions
(d) All of the above
Ques 8.
Financial Action Task Froce has an office in India at which place :
(a) Mumbai
(b) Chennai
(c) Kolkata
(d) New Delhi
Ques 9.
"Aadhaar" is the new name of :
(a) PMRY
(b) NREGP
(c) UID
(d) None of these
Ques 10.
'Green Tax" is being proposed by the Maharashtra State Government Green tax relates to :
(a) tax to be levied to all car/vehicle users
(b) tax to be levied to all categories to motor vehicles
(c) tax to be levied to old motor vehicles
(d) none of the above
Ques 11.
" Whistle Blowing Policy " denotes :
(a) starting banking operations at the below of a whistle
(b) an arrangement by a company to put in place a procedure by a company internally about possible irregularities, to the Chairman or a Committee of the Board or the external auditor in confidence
(c) a situation , where bad advances of a banking company crosses certain fixed level
(d) a situation, where a bank had to sound alert because of massive fraud taking place
Ques 12.
A short term crop loan becomes NPA if :
(a) loan and interest remains unpaid for one year
(b) loan and interest remains unpaid for two years
(c) loan and interest remains unpaid for one crop season
(d) loan and interest remains unpaid for two crop seasons
Ques 13.
As per RBI directives, the complaints relating to cash not dispensed at ATMs although deposit account is debited , etc.Should be disposed of within a period of :
(a) 3 Days
'(b) 7 days
(c) 15 days
(d) 30 days
Ques 14.
Association of National Exchanges Members of India ( ANM) is a body consisting of :
(a) Bankers and SEBI
(b) SEBI and IBA
(c) Brokers operating in the national Exchange
(d) Bankers, SEBI, IBA and RBI
Ques 15.
Base Rate ( BR) is :
(a) The minimum rate of interest that a bank is allowed to charge form its customers
(b) unless mandated by the Government, RBI rule stipulates that no bank can offer loans at a rate lower than Base Rate of any its customers
(c) Both A and B
(d) None of the above
Ques 16.
Inside Trading is related to :
(a) Horse racing
(b) Share market
(c) Taxation
(d) Public Expenditure
Ques 17.
Full form of PERT is :
(a) Program Entry Review Technique
(b) Program Evaluation and Review Technique
(c) Pre Evaluation and Review Technology
(d) None of the above
Ques 18.
"Account Payee" crossing is a :
(a) Restricted crossing
(b) Special Crossing
(c) General Crossing
(d) None of these
Ques 19.
" Repository " means :
(a) balance held in non Currency Chest branch
(b) same as Currency Chest
(c) a part of Currency chest
(d) None of the above
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