Friday, May 27, 2016

1. The cash reserve requirements for Non-schedule Banks are laid down in?
 Section 41(i) of the Reserve Bank of India Act, 1934
 Section 41(i) of the Negotiable Instruments Act. 1881
 Section 41 of the Banking Regulation Act, 1881
 None of the above

2. Case Reserve Ratio is maintained in the form of?

 Government Securities
 Balance with Reserve Bank of India
 Balance with State Bank of India
 All of the above

3. RBI is empowered to prescribe Cash Reserve Ratio ranging between?

 five per cent to twenty per cent of net demand and time liabilities
 RBI is empowered to vary CRR between 15 percent and 3 percent
 three per cent to forty per cent of net demand and time liabilities
 none of the above

4. The functions of Back office are?

 It verifies and settles the deals
 It maintains proper record of Book keeping
 It submits financial returns of RBI
 All of the above

5. What does LMS stand for in e-learning?

 Learning Management System
 Life Management System
 Learning Management Software
 None of the above

6. Which is not e-banking software?

 ECS
 MICR
 RTGS
 PIPS

7. Which is the feature of IBS (Integrated Banking System)?

 Multi Currency
 Multi Entity
 Multi Branch
 All of these

8. What does CBS stands for in Banking?

 Core Banking Solution
 CentralBanking System
 Currency Bank Software
 Centralized Banking Software

9. In core banking systems?

 Store and forward of transaction is done
 Branch server is not required
 Local Database is not required
 Transaction cannot happen form a non-home branch

10. Which of the following is the example of the brand of SBI? 

 SBI Mutual Fund
 Saving and Current Deposits
 Car Loan
 Home Loan

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