Q1: Educational Loans should
include only loans & advances granted to individuals for educational
purpose upto Rs.___________ for studies in India, to be classified as priority
sector. *
A)
Seven & a Half
Lakh
B)
Ten Lakh
C)
Fifteen Lakh
D)
Twenty Lakh
Q2: Identify the correct
relationship between the Customer - Banker in case of deposits. *
A)
Creditor-Debtor
B)
Donor-Trustee
C)
Agent-Principle
D)
Debtor-Creditor
Q3: By using QSAM service one
can check their aadhar seeding status with their bank account by dialing. *
A)
*99#
B)
*999*9#
C)
*99*99#
D)
*999#
Q4: Advances to weaker sections
inter alia include ____________. *
A)
Individual woman
beneficiaries up to Rs. 2 Lakh per borrower
B)
Distressed persons
other than farmers,
C)
with loan amount not exceeding Rs. 2 Lakh per
borrower to property their depth to non-institutional lenders.
D)
Overdraft upto Rs.
5000 under Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts.
E)
Artisans, Village
& Cottage Industries where individuals credit limits do not exceeds Rs. 2
Lakh.
Q5: Credit for the creation
of irrigation facilities from underground / surface water sources are covered
under which scheme and all structures and equipment connected with the proposed
facility are also financed? *
A)
Farm Mechanish
B)
Minor Irrigation
C)
Land Purchase Scheme
D)
Crop Loan
Q6: The safest place of
keeping money *
A)
A pit dug in the
ground
B)
An Iron Box
C)
Bank
D)
A money lender
Q7: Communication skill is a
__________ *
A)
Academic Skill
B)
Hard Skill
C)
Soft Skill
D)
None of the above
Q8: The repayment of home
loan is normally through EMIs. This means that repayment every month consists
of ______________ *
A)
Equal amount of
Principle & total amount of accrued interest
B)
Some amount to
principle and a portion of accrued interest.
C)
Equal amount of Principle & total amount of
accrued interest so that the interest so that the total repayment every month
is same over the entire period.
D)
Equal amount of
Principle & some amount of accrued interest
Q9: An Electronic way of
doing authentic, real time KYC of a customer using Aadhar authentication *
A)
NACH Debit
B)
Aadhar payment
bridge system (APBS)
C)
Aadhar enabled
bridge system (AEBS)
D)
e-KYC
Q10: A unit will be
classified as a micro(manufacturing) enterprise if its investment in plant
& machinery not exceeding *
A)
10 Lakh
B)
50 Lakh
C)
2 Crore
D)
25 Lakh
Q11: The period of credit
under Medium/Long-term loans in Agriculture Finance are more than
_____________ *
A)
12 months
B)
24 months
C)
36 months
D) 48 months
Q12: A person having a
savings bank account does not need a separate introduction to open a Term
deposits account in the same bank. *
A)
True
B)
False
Q13: Which of the following
is not considered as indicator of a good SHGs *
A)
Small membership
B)
Regular attendance
C)
Homogeneous
membership
D)
Discrimination based on political affiliation
Q14: Mr. Vijay invested a sum
of Rs. 6800 at the beginning of every quarter at 10% per annum compounded
quarterly for a period of 12 years. Calculate the future value of the amount
invested. *
A)
258230
B)
633292
C)
351643
D)
112651
Q15: Minimum age required to
open SB account in the bank __________ *
A)
8 years
B)
10 years
C)
12 years
D)
None of the above
Q16: Senior citizens are paid
higher rate of interest on their deposit accounts *
A)
True
B)
False
Q17: Balance inquiry is a
kind of *
A)
Financial
Transaction
B)
Non-Financial Transaction
C)
Technical
transaction
D)
None of the above
Q18: Loans upto Rs.
____________ can be settled through Lok Adalats *
A)
2 Lakh
B)
5 Lakh
C)
10 Lakh
D)
20 Lakh
Q19: Banks have assigned
__________ for opening of basis Saving bank deposit account under financial
inclusion through Business Correspondents *
A)
Scheme Codes
B)
Personal
Identification Number
C)
Aadhar Number
D)
PRAN
Q20: Debt
recovery tribunals have been established to expedite the cases pending with the
judicial system. These are _____ *
A)
Created in all
states
B)
Created at the rate
of one for each state
C)
They are functioning
from the same date everywhere
D)
Created depending upon the number of pending cases
with recoverable amounts in excess of Rs. 10 lakhs & it may cover more than
one state
Q21: A 'Standard asset' of a
bank is identified as an asset which is *
A)
Not a Non-Performing Asset (NPA) B. A
doubtful asset C. A loss asset D.None of the above
Q22: Banks need to maintain
certain percentage of their demand & time liabilities with the reserve bank
Indian compulsorily. This is referred as ________ *
A)
Statutory Liquidity Ratio (SLR)
B)
Cash Reserve Ratio
(CRR)
C)
Current Ratio
D)
Credit Deposit Ratio
(CD Ratio)
Q23: A ___________ is a form
of collective investment that pulls money from many investors & invests
their money in stocks, bonds, short-term money market instrument, and/or other
securities. *
A)
Insurance Policy
B)
Net Asset Value
C)
Mutual Fund
D)
Bank Deposit
Q24: All PMKVY loans will be
governed by ______, formulated by MUDRA, in consultation with DFS, rating
agencies, MFIN & Sa-Dhan and others stakeholders for adoption by all the
lending institutions. *
A)
MUDRA Loan code of
lending
B)
MUDRA Loan Charter
C)
PMMY Loan Charter
Q25: Explained 'NPCI' *
A)
National Payments Corporation of India
B)
National Payments
Co-operative Institute
C)
New Payments
Corporation of India
D)
New Payments
Co-operative Institute
Bold Options are correct answers.
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