Q1. Account Payee in crossing
with two transverse parallel lines is *
A.
Special Crossing
B.
General Crossing
C.
Restricted Crossing
D.
Universal Crossing
Q2. Which of the following
characteristics are available in a Debit Card *
a) Payments for purchases are directly
debited into the account
b) Cash withdrawals through ATMs are
debited to the account immediately
c) Payment made for purchases/usage will
be debited subsequently after a certain period
d)
Both a) and b)
Q3. Which one of the
following, will not come under weaker section loans *
A.
Loans are given to
marginal/small farmers
B.
Loans are given to
artisans, village and cottage industries
C.
Advances to ST/ST
borrowers
D.Loans to women
beneficiaries more than 1lakh
Q4. Floating Rate of Interest
is the rate which is________ *
A.
Decided by the bank
arbitrarily
B.
Linked with another
relevant other
C.
Fixed by the Indian
Banks association
D.
Notified by the Reserve Bank of India
Q5. What is the period or
term of a vehicle loan? *
A.
Normally 1 year
B.
Normally 3-7 years
C.
Usually 5-7 years
D.
Always 7-10 years
Q6. A unit will be classified
as a small enterprise (service sector) if its investment in equipment not
exceeding *
A.
200 lakhs
B.
100 lakhs
C.
500 lakhs
D.
None of these
Q7. Branches may open
accounts for those customers who are not able to provide KYC documents provided
the total credit summation in all the accounts taken together is not expected
to exceed Rs_______ in a year *
A.
Rs 1Lakh
B.
Rs 2 Lakhs
C.
Rs 50,000
D.
Rs 50,000 per month
Q8. The price of insurance is
called_______ *
A.
Fee
B.
Service change
C.
Premium
D.
Instalment
Q9. SHGs, for assistance
under PMRY, may consist of *
A.
5-20 educated unemployed youth
B.
3-15 educated
unemployed youth
C.
10-25 educated
unemployed youth
D.
2-10 educated unemployed
youth
Q10. Which of the following the statement is not correct *
A.
Repayment of loan
instalment is taken as a cash outflow in the cash flow statement
B.
Depreciation is taken as a cash outflow in the
statement
C.
Interest payment to the bank is taken as an outflow in the cash flow statement
D.
Cash received on
sale of scrap is taken as a cash inflow in the cash flow statement
Q11. Bailor-bailee a relationship is applicable in *
A.
Cash deposit with a cashier by customer
B.
Sale deposit locker
C.
Demand draft issued
by a banker
D.
Keeping articles in safe custody with the bank
Q12. Internet Banking
Transactions Exclude *
A.
Withdrawal of cash anywhere in India
B.
Statement of account
for a specific period
C.
Transfer of Funds
from one account to another account
D.
Balance Enquiry
Q13. Under which steps of
Money Laundering, the separation of illicit proceeds from their source by
creating complex layers of financial transaction thereby avoiding audit trail
and providing anonymity to the source of funds? *
A.
Layering
B.
Placement
C.
Integration
D.
None of the above
Q14. A unit will be
classified as a small enterprise (manufacturing), if its investment in Plant
& Machinery not exceeding Rs_________ *
A.
100 Lakhs
B.
500 Lakhs
C.
25 Lakhs
D.
200 Lakhs
Q15. KCCs are issued for a
period of *
A.
One year
B.
Three years
C.
Five years
D.
Seven years
Q16. Debit Cards *
A.
are plastic card
embedded with electromagnetic identification
B.
are issued by banks
to its customers who could use them to pay for their purchases or services at
specified points of sale terminals
C.
facilitate the
customers to effect the transactions on their accounts remotely
D.
All of the above
Q17. Loan and advances of
banks appear in their balance sheet on the side of *
A.
Liabilities
B.
Assets
C.
Income
D.
Expenses
Q18. KYC norms are not
applicable in retail loans if repayment capacity is established beyond
doubt *
A.
True
B.
False
Q19. Which of the following
is included in the DO for a BCA? *
A.
BCA should maintain the confidentially and the
secrecy of the customer information
B.
BCA should indulge
in local polities
C.
BCA should treat
his/her customers differently according to their caste, creed or sex
D.
BCA should not do the transaction with financially excluded people
Q20. Educational loans for
studies abroad shall be treated as Priority Sector Lending, up to a limit
of *
A.
Rs 4 lakhs
B.
Rs 10 lakhs
C.
Rs 15 lakhs
D.
Rs 20 lakhs
Q21. A deposit or a paying-in
slip is a blank form listing the details of coin, currency or cheques to be
deposited and amount of deposit (it accompanies a deposit) *
A.
True
B.
False
Q22. Find the interest rate, if
the present value is Rs.100/- and future value becomes Rs.115.76 in three
years *
A.
4%
B.
5%
C.
6%
D.
7%
Q23. RBI has simplified KYC
procedure for opening accounts for those persons who intend to keep balances
not exceeding Rs______ in all their accounts taken together and total credit in
all the accounts taken together is not expected to exceeds Rs________ lac in a
year *
A)
50,000, 1,00,000 B) 1,00,000, 5,00,000 C)5lakhs, 10lakhs D) 5lakhs, 15lakhs
Bold option is
correct answer.
No comments:
Post a Comment