Thursday 19 November 2015

Banking Awareness 19 November 2015

Q.1. The Indian banks who are not able to fulfill the target of 18% for agricultural sectors, are to
a) deposit the short fall to the Reserve bank of India
b) deposit the short fall amount with NABARD under RIDF
c) deposit the short fall with SIDBI under National equity fund
d) deposit with Government of India
e) none

Q.2. The term ‘Ways and Means” advances refers to 
a) the advances allowed under DRI Scheme by commercial banks
b) the advances allowed by commercial banks under Twenty Point Economic Programme
c) The temporary advances made to the government by its banners to bridge the interval between expenditure and the flow of receipts of revenues
d) All of the above
e) none of the above


Q.3. Which of the following statement about Mutual funds are correct?
a) Distribution of any income in advance on a monthly basis or otherwise is not permitted
b) Mutual funds are listed in stock exchanges
c) Lock in period for repurchase of units should not be more than 36 years
d) all
e) none

Q.4. D-SIBs will be plotted into four different buckets and will be required to have additional Common Equity Tier 1 (CETa) capital requirement ranging from ......... of risk weighted assets depending upon the bucket they are plotted into.
a) 0.2 percent to 10.0 percent
b) 0.4 percent to 0.8 percent
c) 0.6 percent to 0.8 percent
d) 0.2 percent to 0.8 percent
e) None of above

Q.5. Which of the following are covered under pledge?
a) Actual delivery of the goods
b) Factory type pledge
c) Constructive delivery of the goods
d) All the above
e) None of the above

Q.6. Under which Section of the Reserve Bank of India Act, the Reserve Bank has the sole right of note issue?
a) 20
b) 22
c) 25
d) 28
e) 30

Q.7. Bank can provide finance to transport operations for the purchase of
a) Trucks, matadors
b) Buses
c) Taxis and auto rickshaws
d) Any of these
e) None

Q.8. In the term called as UNSCR, what do you mean by “S”?
a) Secondary
b) security
c) sensitivity
d) seniority
e) selectivity

Q.9. Organised sector refers to
a) Nationalised banks and private sector banks
b) Regional Rural Banks, Cooperative Banks and Development Banks
c) Both 1 and 2
d) None of the above
e) all of the above

Q.10. In the term called as AMFI, what do you mean by “M”?
a) Mutual
b) money
c) Managing
d) Miscellaneous
e) none of the above

Answer:

Q.1. b) deposit the short fall amount with NABARD under RIDF
Q.2. c) The temporary advances made to the government by its banners to bridge the interval between expenditure and the flow of receipts of revenues
Q.3. d) all
Q.4. d) 0.2 percent to 0.8 percent
Q.5. d) All the above 
Q.6. b) 22
Q.7. d) Any of these
Q.8. b) security
Q.9. c) Both 1 and 2
Q.10. a) Mutual

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