Very useful for IBPS and State Bank of India Exams
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Question 1 of 50
Which of the following terms is used in Banking Field?
Question 2 of 50
On which one of the following issues can SEBI penalize any company in India?
Violation of Banking Regulation Act.
Violation of foreign portfolio investment guidelines.
For violation of Negotiable Instrument Act.
Question 3 of 50
In the opinion of the Governor of Reserve Bank of India, which one of the following is the reason owing to which India’s inflation is accelerating?
Question 4 of 50
In opinion of the RBI, which one of the following is/are a threat to the smooth functioning of Indian Companies?
Rising input costs.
High interest rates.
Question 5 of 50
Expand the term ALM as used in Banking/Finance sector?
Question 6 of 50
The RBI has asked banks to spell out their policy, procedures arid size of the business on which of the following aspects of banking?
Question 7 of 50
Through which one of the following sources domestic funds are raised by Companies?
Question 8 of 50
What are teaser loan rates charged by banks?
Question 9 of 50
What is the full form of the term LIBOR as used in financial banking sectors?
Question 10 of 50
Expand the term FSDC which is used in financial sectors?
Question 11 of 50
Which one of the following will set up core banking infrastructure for rural banks?
Question 12 of 50
Which organization is being given the status of Micro Finance Regulating Authority as per the bill introduced in the Parliament?
Question 13 of 50
Which of the following rates/ratios is not covered under the RBI monetary and credit policy?
Question 14 of 50
When the loan is granted by a bank for purchase of white goods it is called
Question 15 of 50
When is income tax required to be deducted by the banks at source on interest accrued and paid by them on the fixed deposits? When the
Question 16 of 50
Which of the following methods is being adopted by Banks for calculating and applying interest on Savings Bank accounts?
Question 17 of 50
Which of the following banks has taken over the Centurion Bank of Punjab?
Question 18 of 50
The main function of IMF is to
Question 19 of 50
RBI has asked banks to make a plan to provide banking services to all villages having a population upto 200. This directive issued by the RBI will fall in which of the following categories?
Question 20 of 50
Which of the following is not a part of the scheduled banking structure in India?
Question 21 of 50
The rate of interest on savings bank account is stipulated by
Question 22 of 50
Many times we read a term ‘CBS’ used in banking operation. What is the full form of the letter ‘C’ in the term ‘CBS’?
Question 23 of 50
The RBI reviews its credit and monetary policy at regular intervals and also in between. What is the purpose of the same?
To ensure that inflation does not cross the limit.
To ensure that banks have enough liquidity.
To ensure that cost of the fund does not each a very high level
Question 24 of 50
Under provisions of which one of the following Acts, the RBI issues directives to the Banks in India?
Question 25 of 50
Which one of the following tools is used by RBI for selective credit control?
Question 26 of 50
For which one of the following loan products ‘teaser loans’ are offered by banks?
Question 27 of 50
Under provisions of which one of the following Acts, the Reserve Bank of India has the power to regulate, supervise and control the banking sector?
Question 28 of 50
Credit rating is
Question 29 of 50
Bank of Rajasthan is now merged with which of the following bank?
Question 30 of 50
RTGS stands for
Question 31 of 50
Suppose Bank Rate at present is fixed at r%. What does it mean in context to the banking operations?
Question 32 of 50
Many private companies are trying to obtain the licences to launch a banking company in India. Which of the following organizations/agencies issue the licence for the same?
Question 33 of 50
Some Stock Exchanges in India are allowed to introduce Plain Vanilla Currency Options. The term Plain Vanilla Currency Options is associated with which of the following activities/operations?
Question 34 of 50
Insurance service provided by various banks is commonly known as….
Question 35 of 50
The rate on which banks borrow from the RBI is called …….
Question 36 of 50
As we know the RBI is the apex bank of India, similarly, the apex Bank of USA is called…..
Question 37 of 50
What is the full form of ‘NBFC’ as used in the Financial Sector?
Question 38 of 50
Which of the following will be considered NBFC?
Question 39 of 50
Cross-selling is not effective for which one of the following products?
Question 40 of 50
RBI is redesigning its ‘ECS’ to function as a Automated Clearing House (ACH) for bulk transactions. What is full form of ‘ECS’?
Question 41 of 50
The working group set up by the RBI has suggested the launch of an Emergency Fund Facility Scheme for banks. This scheme will help which of the following types of banks?
Question 42 of 50
Which one of the following had set up the N.R. Narayana Murthy Committee on issues relating to Corporate Government?
Question 43 of 50
In the proposed low cost pension scheme, which one of the following has been made responsible for maintaining of the records of pension account of an individual?
Question 44 of 50
Which of the following is the full form of the term SLR as used in the banking sector?
Question 45 of 50
As we all know, the major source of income of the banks is lending money (providing credit) and earning interest on it. In normal circumstances, the demand of the credit comes mainly from which of the following sectors?
Priority Sector Lending and Bailout Packages
Question 46 of 50
One of the sources of income of banks is to charge fee for certain services. What are some of the services provided by the banks for which they charge fee?
Issuing Demand Drafts/Pay Orders
Issue of ATM/Credit/Debit Cards
Electronic Transfer of Money
Question 47 of 50
Many banks have launched/ floated their subsidiaries which are fully owned by them. Banks launch subsidiaries normally for which of the following businesses?
Home Loan Business
To sell Insurance Policies
To control Online Operations or Internet Banking business
Question 48 of 50
‘The set of directive principles issued by the Central Bank of a country or the process adopted by it to control the supply of money, availability of money, cost of money and rate of interest, etc. in order to bring stability and growth of the economy’ are commonly known as-
Question 49 of 50
When the common people of a nation start getting very high salary or wages, the consumption of the goods like eatables and white goods, also start increasing. This situation brings which of the following types of inflation in the economy?
Cost push inflation
Demand pull inflation
Question 50 of 50
As we see every day, many Indian banks are in close competition to open their branches / offices in various countries. What benefit will the Indian economy have if banks open branches in a foreign country?
It will bring substantial economic benefits to India and also to the countries where branches will be opened.
It will help in smooth inflow of FDI, long term capital inflow and also technical know-how to India.
It will give better opportunities to Indians to visit foreign nations and get better facilities like education, medical treatment, etc.