1. Who
decides on the value and volume of bank notes to be printed and on what basis?
a) Finance Ministry
b) Planning Commission
c) RBI
d) Stock exchange
e) None of the above
2. What
is the maximum denomination for which coins can be produced in India?
a) Rs 1000
b) Rs 10
c) Rs 100
d) Rs 50
e) Rs 5
3. The
Reserve Bank of India began production of notes in 1938, issuing Rs.25
Rs.10
Rs.1000 notes. Rs 1000 note was re-introduced again in.......?
a) 1987
b) 2000
c) 2003
d) 2006
e) 2010
4. One
rupee notes bear the signature of..........?
a) Governor of Reserve Bank of India
b)
Prime Minister of India
c) President of India
d) Secretary, Ministry of Finance
(Government of India)
e) None of the above
5. Mortgage
is a..............?
a) Security on movable property for
a loan given by a bank
b) Security on immovable property
for a loan given by a bank
c) Concession on immovable property
for a loan given by a bank
d) Facility on immovable property
for a loan given by a bank
e) Security on immovable property
for a deposit received by a bank
6. In
terms of Section 5(1) (5) of the Banking Regulation Act, 1949,
a ‘banking
company’ means any company which-
a) accepts deposits from the public
b) undertakes lending of money
c) transacts the business of banking in
d) All of the above
e) None of the above
7. Which
of the following is not a negotiable instrument?
a) Cheque
b) Pay order
c) Bill of Exchange
d) All of the above are negotiable
instruments
e) None of the above
8. Which
of the following is true?
a) Surplus funds with banks can be
invested in pass through certificates
b) This will be indirect expansion
of credit portfolio
c) both
(a) and (b)
d) Either (a) or (b)
e) None of
the above
9. EOQ
stands for?
(a) Evaluation-on-Quantity
(b) Even-on-Quality
(c) Economic Order Quantity
(d) Economic-on-Quality
(e) None of the above
10. Example
of the product line of a Bank is?
(a) Car loan
(b) Personal loan
(c) Home loan
(d) All of the above
(e) None of the above
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