[ 1. Standardisation of financial services is not....

a) possible

b) feasible

c) visible

d) flexible

correct answer: a

2. Which of the following is not a financial service?

a)Banking

b)Communication

c) Insurance

d) Leasing

correct answer: b

3. Credit cards are issued by....

a) Insurance companies

b) Telephone companies

c) Banking companies

d) Broking companies

correct answer: c

4. Portfolio management is a process of investment in.....

a) stock market

b) Insurance

c) bank

d) securities

correct answer: d

5. A bill of exchange is an important instrument widely used in thedischarge of business

a)obligations

b) assets

c) settlements

d) ideas
 correct answer: a

6. ....means any company which transacts the business of Explain the role of IRDAW

Explain the growth and pro

banking in India

a)Banking

b) Banker

c) Customer

d) Banking company

correct answer: a

7. .....is a financial arrangement that redistributes the cost ofunexpected losses

a)Insurance

b) Bank

c) Financial Institutions

d) Financial markets

correct answer: a

8. The SLR cannot be less than

liabilities of a bank

a)20%

b) 25%

c) 30%

d) 35%

correct answer: b

9. The minimum requirement as per Act for CAR is.....

a) 2%

b)3%

c) 4%

d) 5%

correct answer: b

10. A medium term loan is repayable in....

b) 3 to 7 years

c) 7 to 10 years

d) more than 10 years

correct answer: b

11. Which of the following is a negotiable instrument?

a) An Airway Bill

b) A Bank note

c) Cheque

d) A letter of credit

correct answer: c

12. For which of the instruments the noting and protestingapplicable at all?

a)Promissory note

b) Bill of exchange

c) Cheque

d) Foreign Bill

correct answer: c

13. An RBI cheque is considered to be valid for:

a)3 months

b) 4 months

c) 6 months

d) 12 months

correct answer: c

14. Which is not the channel of insurance company

a) Agents

b) Brokers

c) Bancassurance

d) Stock Broker

correct answer: d
15. The minimum capital to set up a Local Area Bank is....

a) Rs. 5 crore

b) Rs. 10 crore)

c) Rs. 15 crore

d) Rs. 20 crore

correct answer: c

16.The report on financial system submitted by Narasimham Committee in....

a) 1990

b) 1991

c) 1997

d) 1998

correct answer: b

17. On how many pillars is the Basel

framework based?

a) 4

b) 3

c) 2

d) 1

correct answer: b

18. The first Pillar under Basel II talks about..

a) Minimum capital requirement

b) Supervisory review

c) Market discipline

d) disclosure norms

correct answer: a

19. Find out the odd one:

((a) Gap method

b) Ratio
c) Duration method

d) Simulation

correct answer: b

20. Which liability will be shown under the Balance sheet

a) Current Liability

b) Quick Liability

c) Contingent liability

d) loan

correct answer: c

21. ALM is recognized in India as

a) strategic approach

b) Turnaround approach

c) systematic approach

d) foreign exchange

correct answer: a

: 22. The RBI is the banker to the government when it....

a) controls the credit

b) Advises the government

c) Issues loans an

treasury bills on behalf of the government d) Issue management

correct answer: c

23. The most important internal factor that contributes to NPA is....

a) Business failure

b) Inefficient Management

c) Diversion of funds

d) Technology

correct answer: c

24. The primary legislation that deals with insurance business in India is....

a) Insurance Act, 1938

Authority Act, 1999 fet

c)Both Insurance Act and IRDA Act

d) LIC ofIndia Act

correct answer: c

25. The first insurance company was started in India in 1818 at

a) Kolkata

b) Chennai

c) Mumbai

d) Delhi

correct answer: a

26. A substandard asset is one which has remained NPA for a period ofless than or equal to....

a)12 months

b) 6 months

c) 90 days

d) 180 days.

correct answer: a

27. Which of the following is a public sector bank?

a) HDFC Bank

b) Central Bank

c) Yes Bank

d) Bank of Baroda

correct answer: d

28. .....are business organisations that act as mobilizers and depositors of savings.

a) Financial markets

b) Financial institutions

c) Financial instruments

d) Financial services
 correct answer: d

29. ....companies may be allowed to

allowed to enter through collaboration with an Indian company.

a) Indian

b)Foreign

c) Domestic

d) International

correct answer: b

30.The term 'Currency of India' refers to:

a)Hundred rupee note

b) Five rupee note

c) Coins

d) Coins and one rupee note

correct answer: d

31. Which of the following instruments are traded on stock exchanges?

a) Bank deposits

b) Shares

c) Venture capital

d) Insurance policies

correct answer: b

32. ....insurance forms the lifeline of several commerce and trade activities

a) Life

b) Medical

c) General

d) Marine

correct answer: c

33. Which of the following is a public sector bank?

a) HDFC Bank

b) Central Bank
c) Yes Bank

d)bank of Baroda

correct answer: d

34. ......are business organisations that act as mobilizers and depositors of savings.

a) Financial markets

b) Financial institutions

c) Financial instruments

d( Financial services

correct answer: b

35. .....companies may be allowed to enter through collaboration with an Indian company.

a) Indian

b) Foreign

c) Domestic

d) International

correct answer: b

36.The portion of total deposits of a

commercial bank which it has to

keep with RBI in the form of cash

reserves in termed as

a) CRR

b SLR

c) Bank Rate

d) Repo Rate

correct answer:a

37.State Bank of India is a

a) Public Sector Bank

b) Private sector Bank

c Joint Sector Bank

d) Non-Nationalised bank
 correct answer: a

8.For foreign Bank, priority sector

lending targets is _ % of net banking

credit

a)32%

b)36%

c,)40%

d)44%

correct answer: a

39.Which section of Banking

Regulation Act 1949 provides

nomination for payment of

depositor's money?

a) Section 42

b( Section 24

c) Section 110A

d)Section 452

correct answer: d

40. Relationship of banker with

payee of draft

a) Trustee and Beneficiary

b) Drawees and Drawee

c) Licensor and Licensee

d)Principle and Agent

correct answer: a

41.Who is the fiscal agent and advisor to government in monetary

and financial matters in India?

a)SBI

b) IDBI
c) ICICI

d) RBI

correct answer: d

42. On which of the following banks

the Reserve Bank of India depends

a) Co-operative Banks

b) Regional Rural Banks

c)Commercial Banks

d) Development Banks

correct answer: c

43.As per the RBI's clean note policy

writing on a currency note is

a) An offense

b) A crime

c)A punishable offence

d)The notes becomes non-legal tender

correct answer: c

44.One of the items is not related

with e-banking

a) Demand draft

b) SPMS

c)ECS

d)ATM

correct answer: a

45.Which of the following is not the fund based business of commercial

banks?

a)D.P. Operation

b)Loans

c)Deposits
d) Depositing Bills

correct answer: a

46.The powers of controllers of

capital issues of India is now shifted to

a)Ministry of finance

b) SEBI

c)AMEL

d)Ministry of corporate office

correct answer: b

47.what is the full form of ATM?

a) automatic teller machine

b) advance money transaction

c) any time money

d)accurate teller money

correct answer: a

48.The RBI is the banker to the government when it....

a) controls the credit

b) Advises the government

c) Issues loans an

treasury bills on behalf of the government d) Issue management

correct answer: c

49. The most important internal factor that contributes to NPA is....

a) Business failure

b) Inefficient Management

c) Diversion of funds

d) Technology

correct answer: c

50. The primary legislation that deals with insurance business in India is....

a) Insurance Act, 1938

Authority Act, 1999 fet

c)Both Insurance Act and IRDA Act

d) LIC of India Act

correct answer: c