Ques 1.
The Law relating to appropriation of payments is contained in :
(a) The Negotiable Instruments Act, 1881
(b) The Banking Regulation Act 1949
(c) The Contract Act, 1872
(d) The Companies Act, 1956
Teller System has been introduced in almost all the banks.its purpose is:
(a) to create more jobs
(b) to improve public relations
(c) to slash down the waiting time for encasing cheques
(d) to eliminate duplication of work
Ques 3.
Which of the following types of companies /organisation issue 'ULIP' :
(a) Insurance Companies
(b) Banks
(c) NABARD
(d) RBI
Ques 4.
Which of the following is not a term related to banking/finance operations:
(a) Provision Coverage Ratio
(b) Securitization
(c) Consolidation
(d) Commodification
Ques 5.
"Primary Deficit" refers to :
(a) Fiscal Deficit minus Interest Payments
(b) Budget Deficit minus Interest Payments
(c) Monetary Deficit minus Interest Payments
(d) Deficit Financing by 91 -day ad hoc treasury bills
Ques 6.
Banker may reduce lending risk by :
(a) ensuring that there will be no default on account of lack of willingness to pay on the part of the borrower
(b) ensuring that there will be no problem of liquidity with the borrower
(c) obtaining adequate security
(d) all of the above
Ques 7.
Banker have to maintain secrecy of customers accounts as per the provisions of :
(a) Banking Companies Act, 1970
(b) Negotiable Instruments Act, 1881
(c) Banking Regulation Act, 1949
(d) None of the above
Ques 8.
Banking Code & Standards Board of India has been set up for providing details of banking and to create awareness of banking .BCSBI has been set up by :
(a) SBI
(b) RBI
(c) Ministry of finance
(d) None of these
Ques 9.
In money market, which of the following of India
(a) Shares and Debentures
(b) Certificate of Deposit
(c) Commercial Paper
(d) Treasury Bills
Que 10.
In NRE account, rate of interest is linked to :
(a) LIBOR
(b) Bank
(c) PLR
(d) RBI
Ques 11.
In the money market operations , the item widely accepted is :
(a) Inter Bank Participation Certificate
(b) Certificate of Deposits
(c) Treasury Bills
(d) None of the above
Ques 12.
To meet a significant increase in demand for bank credit,a bank may :
(a) make use of excess reserves
(b) borrow from other banks
(c) Borrow from the Reserve Bank of India
(d) All of the above
Ques 13.
"White Card " is a :
(a) Co-branded credit Card without logo of the issuer
(b) Credit Card wit logo of both issuer and sponsor
(c) Litchi Card issued i Uttaranchal
(d) Card used in football by referee.
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