బ్యాంకింగ్ అవగాహన

బ్యాంకింగ్ అవగాహన

1.    “The Taste of India” is the Slogan of which popular brand in India?
     a) Ashirvad    b) Amul
     c) Kohinoor Foods
     d) MTR Foods
     e) None of the above
 2.    NEFT(National Electronic Funds Transfer) is used for Electronic Transfer of Funds between Two Bank Accounts. Which of the following is NOT mandatory for a NEFT transaction?
     a)    IFSC Code    b) MICR Code
     c)    Funds Recipient’s Bank Account Number
     d)    Funds Recipient’s Bank Account Name
     e)    Funds Recipient’s Bank & Branch details
 3.    What is the Currency of Spain?
     a) Peso    b) Franc
     c) Kroner    d) Euro
     e) None of the above
 4.    Due to finding of shale gas, which of the following countries is likely to become the World’s biggest Oil Producer by 2014?
     a) Iraq    b) Saudi Arabia
     c) USA       d) Iran    e) China
 5.    Kudankulam Nuclear Power Plant in Tamilnadu is built with the help of which Country?
     a) Russia    b) USA
     c) France    d) Japan
     e) None of the above
 6.    Where is India’s highest ATM located?
     a) Drass in J&K
     b) Kargil in J&K
     c) Thimpu in Bhutan
     d) Nathu La in Sikkim
     e) None of the above
 7.    What is meant by ‘Reverse Repo Rate’ in India?
     a)    Interest Rate Banks get when they keep their Surplus Money with RBI
     b)    Interest Rate Banks pay when they borrow Funds from RBI
     c)    Interest Rate Banks get when they keep their Surplus Money with other Banks
     d)    Interest Rate Banks get when they borrow Funds from Govt. of India
     e) None of the above
 8.    Who is the author of the book ‘The Monk who sold his Ferrari’?
     a) Raghu S Sharma
     b) Rahul S Sharma
     c) Raghuram Rajan
     d) Ram S Sharma
     e) Robin S Sharma
 9.    As per the latest RBI guidelines, at what intervals Banks can pay Interest on Savings Accounts?
     a)    Quarterly and above only
     b)    Half yearly and above only
     c)    Shorter or greater than Quarterly intervals
     d)    Annual only
     e)    None of the above
 10.    What is TRUE about ‘Inflation Indexed National Saving Securities (IINSSs)’ for retail investors?
     a)    Proposed to be launched in November/December 2013
     b)    Interest on these Securities will be based on a Fixed Rate plus Inflation Rate
     c)    Interest on these Securities will be compounded Half Yearly
     d)    These Securities will be issued through Banks
     e)    All the above
 11.    As per RBI guidelines, what is the maximum amount that can be transferred through RTGS?
     a) Rs. 10 Crores
     b) There is no upper limit
     c) Rs. 1 Crore    d) Rs. 5 Crores
     e) None of the above
 12.    It is announced in the Union Budget that a LIC branch will be opened in every Town with a population of -
     a) 25 Thousand or more
     b) 5 Thousand or more
     c) 10 Thousand or more
     d) 15 Thousand or more
     e)    Every Town irrespective of the population
 13.    Additional Tax Surcharge of 10% on Income Tax is levied on income of persons whose Annual income is-
     a) Above Rs. 1 Crore
     b) Above Rs. 50 Lac
     c) Above Rs. 75 Lac
     d) Above Rs. 25 Lac
     e) None of the above
 14.    Which State of India is the largest producer of Tea?
     a) Tamilnadu    b) Kerala
     c) Assam    d) West Bengal
     e) None of the above
 15.    As per RBI Rules, a Non Performing Asset (NPA) of a Bank in Doubtful Status for more than 3 years attracts provisioning at the Rate of-
     a) 50%    b) 100%
     c) 10%    d) 25%
     e) None of the above
 16.    Education Loans of up to what amount are classified as Priority Sector Loans?
     a)    Rs. 10 Lacs for studies in India & Rs. 20 Lacs for studies abroad
     b)    Rs. 15 Lacs for studies in India & Rs. 25 Lacs for studies abroad
     c)    Rs. 20 Lacs for studies in India & Rs. 30 Lacs for studies abroad
     d)    Rs. 30 Lacs for studies in India & Rs. 50 Lacs for studies abroad
     e)    None of the above
 17.    Who is the Founder Chairman of Sahara India Pariwar Conglome-rate Company who is told by Supreme Court not to leave India without it’s permission?
     a) Sudhanshu Roy Sahara
     b) Sriram Roy Sahara
     c) Sunil Roy Sahara
     d) Subrata Roy Sahara
     e) None of the above
 18.    In order to introduce High Speed Passenger Train that can travel at speeds up to 200 Km/hr, Indian Railways has setup-
     a)    High Speed Rail Corporation
     b)    High Speed Trains Corporation
     c)    High Speed Transport Corporation
     d)    High Speed Transit Corporation
     e)    None of the above
 19.    ‘Finance Bill’ has to be passed by Parliament and President’s Assent given before expiry of how many days of introduction in the Parliament?
     a) 60 days    b) 75 days
     c) 90 days    d) 30 days
     e) None of the above
 20.    National Food Security Bill 2013 aims to provide Food Security to-
     a)    10% of Rural and 5% of Urban Population
     b)    50% of Rural and 75% of Urban Population
     c)    25% of Rural and 80% of Urban Population
     d)    75% of Rural and 50% of Urban Population
     e)    None of the above
 21.    What is ‘Arbitrage Trading’ with reference to Stock Markets?
     a)    Settling or Arbitrating a Trade Dispute between two Stock Brokers
     b)    Purchasing and selling the same Stock at the same time in different Markets
     c)    Selling Stocks at a lower price than the market price
     d)    Selling Stocks at a higher price than the market price
     e)    None of the above
 22.    ‘Negative List’ under FEMA (Foreign Exchange Management Act) prohibits investments in India from certain Countries. Which of the following is a Country in that list?
     a) USA    b) Pakistan
     c) UK    d) Canada
     e) None of the above
 23.    What is Ind-Ra?
     a)    An Indian Credit Ratings Company
     b)    An Indian Mircofinance Company
     c)    An Indian Scientific Research Company
     d)    An Indian Housing Finance Company
     e)    None of the above
 24.    What is EPS (Earnings Per Share)?
     a)    Ratio of Capital to Number of Shares
     b)    Ratio of Net Profit to Number of Shares
     c)    Ratio of Reserves to Number of Shares
     d)    Ratio of Interest to Number of Shares
     e)    None of the above
 25.    Which Nationalised Bank has got the highest Government Sha-reholding as of 31st March 2013?
     a) Central Bank of India
     b) IDBI Bank    c) Andhra Bank
     d) Vijaya Bank
     e) None of the above
 26.    Who is the ‘Secretary of Financial Services’ in Central Finance Ministry?
     a) Anil Goswami
     b) Akbaruddin    c) Nirupama Rao
     d) Rajiv Takru
     e) None of the above
 27.    Which City in India is the best to start a Business as per a Study conducted by World Bank & International Finance Corporation (IFC)?
     a) Mumbai    b) Hyderabad
     c) Delhi    d) Bangalore
     e) None of the above
 28.    For which Banking product in India, Nomination facility is NOT available?
     a) Savings Deposits
     b) Fixed Deposits
     c) Recurring Deposits
     d) Current Accounts
     e) None of the above
 29.    Out of the total Priority Sector Loans, what percentage should be sanctioned to the Weaker Sections by Public Sector Banks as per RBI guidelines?
     a) 25%    b) 50%
     c) 60%    d) 15%
     e) None of the above
 30.    Who is the Managing Director & CEO of NSE (National Stock Exchange)?
     a) Bimal Jalan    b) S Damodaran
     c) Chitra Ramakrishna
     d) Naina Lal Kidwai
     e) None of the above
 31.    Which of the following Banks does NOT have its Headquarters in Mumbai?
     a) State Bank of India
     b) ICICI Bank
     c) Bank of Maharashtra
     d) Union Bank of India
     e) HDFC Bank
 32.    Govt of India withdrew flying rights to Kingfisher Airlines in Feb 2013. Name the Chairman & Managing Director of the now defunct Kingfisher Airlines?
     a) G R Gopinath
     b) Vijay Mallya    c) Naresh Goel
     d) Kalanithi Maran
     e) None of the above
 33.    A fall in Rupee value against Major Foreign Currencies is generally-
     a)    Detrimental to Importers
     b)    Beneficial to Importers
     c)    Detrimental to Indian Tourists going abroad
     d)    Beneficial to Exporters
     e)    ‘a’,’c’ & ‘d’ of the above
 
 Key
     1.b;    2.b;    3.d;    4.c;    5.a;
     6.d;    7.a;     8.e;     9.c;     10.e;     11.b;     12.c;     13.a;     14.c;     15.b;     16.a;     17.d;     18.a;     19.b;     20.d;     21.b;     22.e;     23.a;     24.b    25.a;     26.d;     27.c;     28.e;     29.a;     30.c;     31.c;     32.b;     33.e