Q1 A centralised database with online connectivity to branches, Internet as well as ATM network which has been adopted by almost all major banks of our country is named as?
A.Investment banking
B.Core banking
C.Mobile banking
D.National banking
Q2.Basel II Structure is based on how many pillars?
A.Two
B.Ten
C.Four
D.Three
Q3.To issue note which one of the following methods is currently used in India??
A.Fixed Fiduciary System
B.Minimum Reserve System
C.Proportional Reserve System
D.Maximum Fiduciary System
Q4.Which among the following year marked the beginning of the history of agricultural co-operative banks in India?
A.1904
B.1907
C.1906
D.1907
Q5.NEFT means?
A.National Electronic Funds Transfer System
B.Non-Effective Fund Transfer System
C.Negotiated Efficient Fund Transfer System
D.National Efficient Fund Transfer Solution
Q6. Which among the following of the acts is specially launched to facilitate banks in recovery of bad loans?
A.SARFAESI Act
B.Banking Regulation Act
C.RBI Act
D.Companies Act
Q7. Insurance companies in India are regulated by ?
A.IRDA
B.RBI
C.SEBI
D.AMFI
Q8. Scheduled bank is known as a bank?
A.Governed by the Banking Regulation Act, 1949
B.Authorised to transact government business
C.Incorporated under the Companies Act, 1956
D.All of the above
Q9. A company which pools money from investors and invests in stoks, bonds and shares is called?
A.Mutual fund
B.Bank
C.Bank assurance
D.An insurance company
Q10.What is the purpose of introducing ‘know your customer’ norms by the banks?
A.To ensure whether the money deposited in the bank is of and India or a foreign national
B.To bring more and more people under the banking net
C.To ensure that the money deposited in banks has come from genuine sources
D.To bring more and more people under the banking net
A.Investment banking
B.Core banking
C.Mobile banking
D.National banking
Q2.Basel II Structure is based on how many pillars?
A.Two
B.Ten
C.Four
D.Three
A.Fixed Fiduciary System
B.Minimum Reserve System
C.Proportional Reserve System
D.Maximum Fiduciary System
A.1904
B.1907
C.1906
D.1907
A.National Electronic Funds Transfer System
B.Non-Effective Fund Transfer System
C.Negotiated Efficient Fund Transfer System
D.National Efficient Fund Transfer Solution
A.SARFAESI Act
B.Banking Regulation Act
C.RBI Act
D.Companies Act
A.IRDA
B.RBI
C.SEBI
D.AMFI
A.Governed by the Banking Regulation Act, 1949
B.Authorised to transact government business
C.Incorporated under the Companies Act, 1956
D.All of the above
A.Mutual fund
B.Bank
C.Bank assurance
D.An insurance company
A.To ensure whether the money deposited in the bank is of and India or a foreign national
B.To bring more and more people under the banking net
C.To ensure that the money deposited in banks has come from genuine sources
D.To bring more and more people under the banking net
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