1. Interest
payable on savings bank accounts is?
a) De-regulated by RBI
b) Regulated by State Governments
c) Regulated by Central Govt
d) Regulated by RBI
e) Regulated by Finance Minister
2. The usual
deposit accounts of banks are?
a) Current accounts, electricity
accounts and insurance premium accounts.
b) Current accounts, post office savings, bank
accounts and term deposit accounts
c) Loan accounts, savings bank accounts and
term deposit accounts
d) Current accounts, savings bank accounts and
term deposit accounts.
e) Current bill accounts and term
deposit accounts.
3. Fixed
deposits and recurring deposits are?
a) Repayable after an agreed period
b) Repayable on demand
c) Not repayable
d) Repayable after death of depositors
e) Repayable on demand or after
an agreed period as per banks choice
4. Accounts
are allowed to be operated by cheques in respect of?
a) Both savings bank accounts and fixed
deposit accounts.
b) Savings bank accounts and current
accounts.
c) Both savings bank accounts and loan
accounts.
d) Both savings bank accounts and
cash accounts only.
e) Both current accounts and
fixed deposit accounts.
5. Which of
the following is correct statement?
a) No interest is paid on current
deposit accounts
b) Interest is paid on current
accounts at the same rate as term deposit accounts
c) The rate of interest on
current accounts and savings accounts are the same.
d) No interest is paid on any
deposit by the bank.
e) Savings deposits are the same
as current deposits.
6. Banking
services delivered to a customer by means of a computer
control system that does not directly
involve banks branch is called?
a) Universal banking
b) Virtual banking
c) Narrow banking
d) Brick & Mortal
banking
e) None
7. Financial
inclusion means provision of?
a) Financial services namely
payments, remittances, savings,
loans and insurance at affordable cost to
persons not yet given the bank
b) Ration at affordable cost to
persons not yet given the same
c) House at affordable cost to
persons not yet given the same
d) Food at affordable cost to
persons not yet given the same
e) Education at affordable cost
to persons not yet given the same
8. When a bank returns a cheque unpaid, it is
called?
a) Payment of the cheque
b) Drawing of the cheque
c) Canceling of the cheque
d) Dishonour of the cheque
e) Taking of the cheque
9. Who is the
Chairman of the committee constituted by RBI to study issues
and concerns in the Micro Finance Institutions
(MFI) Sector?
a) YH Malegam
b) Dr. KC Chakraborty
c) C. Rangrajan
d) M. Damodaran
e) Usha Thorat
10. Which of
the following types of accounts are known as 'Demat Accounts'?
a) Accounts which are Zero
Balance
b) Accounts which are opened to
facilitate repayment of a loan taken from the bank.
No other business can be
conducted from there
c) Accounts in which shares of
various companies are traded in electronic form
d) Accounts which are operated
through internet banking facility
e) None of the above
11. NEFT
means?
a) National Electronic Funds Transfer
b) Negotiated Efficient Fund Transfer system
c) National Efficient Fund
Transfer solution
d) Non Effective Fund Transfer
system
e) Negotiated Electronic Foreign
Transfer system.
12.
Distribution of insurance products and insurance policies by
banks as corporate agents is
known as?
a) General insurance
b) Non life insurance
c) Bancassurance
d) Insurance Banking
e) Deposit Insurance
13. In respect
of partnership business, LLP stands for:
a) Local Labour Promotion
b) Low Labour Projects
c) Limited Loan Partnership
d) Longer Liability Partnership
e) Limited Liability Partnership
14. What is a
stale cheque?
a) A cheque issued without drawer's signature
b) A cheque with only signature
of the drawer
c) A cheque which has completed 3
months from the date of its issue
d) any one of the above e) none
15. Interest
on savings bank account is now calculated by banks on?
a) Minimum balance during the
month
b) Minimum balance from 7th to last day of the month
c) Minimum balance from 10th to
last day of the month
d) Maximum balance during the month
e) Daily product basis
16. Largest
shareholder (in percentage shareholding) of a nationalized bank is?
a) RBI
b) NABARD
c) LIC
d) Govt of India
e) IBA
Do you need a quick long or short term loan with a relatively low interest rate as low as 3%? We offer New year loan, business loan, personal loan, home loan, auto loan,student loan, debt consolidation loan e.t.c. no matter your score, If yes contact us via Email: PurvaSharegistry@gmail.com Fill The Loan Application Form Below Name............ Amount Needed........ Duration.......... Country............ Monthly income....... Age............. Phone Number........ Sex ................. Email................Business Plan/Use Of Your Loan:....... Apply now on this email :PurvaSharegistry@gmail.com Warm Regards Dr Purva Sharegistry
ReplyDelete