Monday, May 30, 2016

1. Deposits which can be withdrawn by a customer without notice are called?
 Time Deposits
 Variable Deposits
 Demand Deposits
 Low Cost Deposits

2. Expand BIS?

 Bank for international Settlements
 Bank for Industrial settlements
 Bank for Industrial Sectors
 Bank for International Services

3. For a foreigner temporarily residing in India, type of account to be opened is?

 Resident Account
 NRO Account
 Both (a) and (b)
 None of the above

4. For which of the following categories of banks is “Protected Disclosure Scheme” is applicable?

 Co-operative Banks
 Private Banks and Foreign Banks
 Public Sector Banks
 None of the above

5. The punchline “Feel the Difference” is associated with?

 DCB Bank
 Deutsche Bank
 YES Bank
 Citi bank

6. VDMS in Government transactions means?

 Verified Data-wise Monthly Statement
 Valuable Data Management System
 Variable Data Matching System
 None of the above

7. The guarantor of a customer’s account has the right?

 to inspect the account in the bank’s books
 to be provided with the statement of the account
 to be informed only about the extent of his liability
 to be provided with all the information about the way the account is conducted

8. Internet marketing involves? 

 Online marketing
 e-marketing
 Both A and B
 one of these

9. The term packing credit means?

 Advances against goods in packages
 Advance for import of goods
 Advance for export of goods
 Advance for financing the purchase, processing, manufacturing or packing of goods for export against a letter of credit or a confirmed order

10. The term “book debts” means?

 All debts due to the banks by a business undertaking
 All debts due by a business undertaking to persons/undertaking other than banks
 Debts owing to a business undertaking arising primarily out of the sale of merchandise to the customers on credit
 Moneys due on the purchase of various types of book

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