1. Which of the following is not a primary function of a Bank?
2. Assume that Reserve Bank of India reduces the Bank Rate by 1%, what will be its impact?
4. Monetary Policy as an arm of the economic policy is administered by–
5. The Banking Ombudsman–
6. Reserves which can act as a liquidity buffer for commercial banks during crisis times are–
7. For repayment of loan availed from Banks NBFC we come across a term known as EMI what does it stand for?
8. Many a times we read in the news paper about CASA deposits of banks. CASA deposits are.
9. While investing in mutual funds we come across a term called NAV. What is the meaning of NAV?
10. Which of the following is NOT classified as a commercial bank?
11. Whose signature is found on a 50 rupee currency note in India?
12. Which of the following institutions is involved mainly in granting Housing Loans?
13. Which of the following terms is not related to banking?
14. Almost all banks in our country have introduced facility for granting crop loans to farmers.
15. Which of the following is not the name of a Banking Organisation?
- (A) Granting Loans
- (B) Collecting Cheques/Drafts customers
- (C) Facilitating import of goods
- (D) Issuing Bank Drafts
- (E) Selling Gold/Silver Coins
2. Assume that Reserve Bank of India reduces the Bank Rate by 1%, what will be its impact?
- (A) Less liquidity in the market
- (B) More liquidity in the market
- (C) No change in the liquidity in the market
- (D) Mobilization of more deposits by commercial-banks
- (E) None of these
3. Many times we read the term ‘ECB’ in newspapers. What is the full form of ‘ECB’ ?
- (A) Essential Commercial Banking
- (B) European Credit Borrowing
- (C) External Credit For Business
- (D) External Commercial Borrowing
- (E) None of these
4. Monetary Policy as an arm of the economic policy is administered by–
- (A) Government of India
- (B) Reserve Bank of India
- (C) State Bank of India
- (D) Governments of the respective states
- (E) None of these
5. The Banking Ombudsman–
- (A) is in charge of bank loans for buses
- (B) fixes the rates of interest for loans
- (C) resolves complaints of customers
- (D) issues licences for new bank branches
- (E) is the head of all nationalised banks
6. Reserves which can act as a liquidity buffer for commercial banks during crisis times are–
- (A) CAR
- (B) CRR
- (C) CAR and CRR
- (D) CRR and SLR
- (E) SLR
7. For repayment of loan availed from Banks NBFC we come across a term known as EMI what does it stand for?
- (A) Equated Money Index
- (B) Easy Money Installment
- (C) Equated Monthly Installment
- (D) Equal Monthly Installment
- (E) Equal Minimum Installment
8. Many a times we read in the news paper about CASA deposits of banks. CASA deposits are.
- (A) Demand deposits
- (B) Term deposits
- (C) Hybrid deposits
- (D) Recurring deposits
- (E) Special schemes of banks
9. While investing in mutual funds we come across a term called NAV. What is the meaning of NAV?
- (A) Net Annual Value
- (B) Non Asset Value
- (C) Net Actual Value
- (D) Net Asset Value
- (E) Net Average Value
10. Which of the following is NOT classified as a commercial bank?
- (A) Public sector bank
- (B) Foreign bank
- (C) Private sector bank
- (D) Regional rural bank
- (E) Urban cooperative bank
11. Whose signature is found on a 50 rupee currency note in India?
- (A) President of India
- (B) Governor, RBI
- (C) Finance Minister
- (D) Prime Minister of India
- (E) Secretary, Ministry of Finance
12. Which of the following institutions is involved mainly in granting Housing Loans?
- (A) RBI
- (B) SBI
- (C) IBA
- (D) ICICI
- (E) HDFC
13. Which of the following terms is not related to banking?
- (A) Repayment
- (B) Loan
- (C) NPA
- (D) Fasting
- (E) Deposit
14. Almost all banks in our country have introduced facility for granting crop loans to farmers.
- (A) Term Loans
- (B) Kisan Credit Cards
- (C) Bank Guarantee
- (D) Foreign Exchange
- (E) Reverse Mortgage
15. Which of the following is not the name of a Banking Organisation?
- (A) HDFC
- (B) IDBI
- (C) YES
- (D) SEBI
- (E) ICICI