Question No : 1

Which one of the following has got RBI nod to issue pre-paid cards to its clients?

(1) LIC

(2) GIC

(3) SIDBI

(4) NABARD

(5) None of these

Question No : 2

On which one of the following characters, Biometric security is based?

(1) Finger prints and palm recognition only

(2) Face recognition and voice recognition only

(3) Hand writing and manual recognition only

(4) Only (1) and (2)

(5) All (1), (2) & (3)

Question No : 3

Which one of the following may be the consequence of buying forex in the market by the RBI?

(1) It leads to inflation

(2) It leads to control over inflation

(3) It does not affect inflation

(4) It result into deflation

(5) None of these

Question No : 4

Which one of the following factors influence working capital of a unit?

(1) Seasonality of operations only

(2) Production Policy only

(3) Suppliers Term Only

(4) Only (1) and (2)

(5) All (1), (2) & (3)

Question No : 5

One of the following states is a major producer of spices ________

(1) Karnataka

(2) Tamil Nadu

(3) Kerala

(4) Gujarat

(5) Manipur

Question No : 6

The NAV of a mutual fund __________

(1) Is always constant

(2) Fluctuates with market price movements

(3) Keeps going up at a steady rate

(4) Cannot go down at all

(5) None of these

Question No : 7

RBI has deregulated the rates of interest to be provided by various Banks to their depositors /customers with effect from 25.10.2011 on their ____ accounts (increased from 3.5% to 4%).

(1) Time Deposit

(2) Saving banks

(3) Loan

(4) Fixed deposit

(5) Current

Question No : 8

The expansion of TRAI is ___________

(1) Telecom Regulations and Inspection

(2) Transfer Regulations Act of India

(3) Transport Regulatory Authority of India

(4) Train Regulatory Authority of India

(5) Telecom Regulatory Authority of India

Question No : 9

ASBA, a facility while applying/submitting an application for purchase of shares under a public issue, is ______

(1) Applications Simple Balance Amount

(2) Amount Saved and Balance in Account

(3) Already Savings Blocked Amount

(4) Applications Supported by Blocked Amount

(5) None of these

Question No : 10

The expansion of CDMA is ______

(1) Calculated Division of Many Applications

(2) Computer Divided Multiple Access

(3) Code Diversified Memory Applications

(4) Code Division Multiple Access

(5) None of these

Question No : 11

Which of the following is a financial asset?

(1) Gold

(2) Silver

(3) Land & buildings

(4) Shares in a demat account

(5) None of these

Question No : 12

Zero balance account is generally allowed to be opened for ______

(1) Salaried class

(2) businessmen

(3) foreign customers

(4) children

(5) Senior Citizens

Question No : 13

The regulator of the banking system in India is ______

(1) AMFI

(2) SEBI

(2) SEBI

(4) RBI

(5) Finance Minister

Question No : 14

The term “Deficit Financing” means the Government borrows money from the _______

(1) IMF

(2) Local bodies

(3) RBI

(4) Public at large

(5) Large corporates

Question No : 15

SBI has merged which of the following two associate banks with itself in 2012?

(1) State Bank of Hyderabad and State bank of Patiala

(2) State Bank of Hyderabad and State bank of Travancore

(3) State Bank of Mysore and State bank of Travancore

(4) State Bank of Indore and State bank of Hyderabad

(5) State Bank of Indore and State bank of Saurashtra

Question No : 16

Which of the following is the most essential financial service which should be provided to the poor people to bring them in the network of financial inclusion?

(1) Insurance for life

(2) Investment plan for future

(3) Pension for the old age

(4) A bank account where he/she can save small amount

(5) Health insurance for minor illnesses and hospitalization in case of need

Question No : 17

The Food Security Bill-2011 which is in process of becoming an Act divides the entire population of the country into two groups. Which of the following are these two groups?

(1) Below poverty line and above poverty line

(2) General population and Excluded population

(3) Included households and Excluded household

(4) Covered under PDS and Not Covered under PDS

(5) General households and priority households

Question No : 18

Which of the following services/products of banks is specially designed and launched to help students?

(1) Personal loan

(2) Corporate loan

(3) Business loan

(4) Medical loan

(5) Education loan

Question No : 19

Which of the following terms is not directly associated with the functioning of the RBI?

(1) Open Market Operations

(2) Cash Reserve Ratio

(3) SENSEX

(4) Liquidity Adjustment Facility

(5) Public Debt Office

Question No : 20

Which of the following banks was not nationalized in 1969?

(1) Punjab National Bank

(2) State Bank of India

(3) Bank of India

(4) Bank of Baroda

(5) Bank of Maharastra