Tuesday, July 5, 2016

1. The definition of the priority sector was first formalised in 1972 by?
 Planning Commission
 National Development Council
 Reserve Bank of India
 Ministry of Finance, Government of India

2. Liquidity ratio is fixed by the Reserve Bank of India under the powers conferred on it by?
 Reserve Bank of India Act, 1934
 Companies Act, 1956
 Banking Regulation Act, 1949
 Special Powers given by the Union Ministry of Finance

4. The largest number of commercial banks’offices are located in?
 Tamil Nadu
 Uttar Pradesh

4. Which of the following is not a member of the World Bank Group?
 International Bank of Reconstruction and Development
 International Development Association
 Bank of International Settlement
 International Finance Corporation

5. Every bank wishing to commence banking business in India is required to obtain a licence from?
 Government of India, Ministry of Finance
 Government of India, Company Law Board
 Reserve Bank of India
 Registrar of Companies

6. Which of the following state shows the fastest growth in expanding Micro Finance business in the country?
 Andhra Pradesh

7. The process of credit Derivative involves?
 The Protection Seller guarantees payment of principal and interest or both of the Asset owned by        the Protection Buyer in case of credit default
 The Protection Buyer pays a premium to the Protection Seller
 Both A and B
 None of the above

8. Which of the following rates decided by the RBI is called “Policy Rate”?
 Lending Rate
 Cash Reserve Ratio
 Deposit Rate
 None of the above

9. Loan given by the banks to farmers/small shop owners etc is known as........?
 Corporate loan
 Business loan
 Priority sector loan
 Commercial loan

10. The Head Office of which of the following banks is in Mumbai?
 Punjab National Bank
 Bank of Maharashtra
 UCO Bank
 Union Bank of India

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