1. Which of the following is a foreign bank having branches in India?

A. HDFC Bank
B. ICICI Bank
C. Yes Bank
D. Standard Chartered Bank
E. Syndicate Bank
2. Consider the following statements with respect to IFSC code used in Banking System:
A) IFSC Stands for Indian Financial System Code
B) It is an 11-digit alphanumeric Unique Code
C) IFSC is used be the NEFT system to route the message to the destination banks/branches.
A. Only A
B. Only B
C. Only C
D. Only B and C
E. All A, B and C
3. The usual deposit accounts of banks are
A. Current Accounts, Insurance Premium Account and Electricity accounts
B. Current Accounts, Post office Savings account and Term deposit accounts
C. Loan Accounts, Term Deposit accounts and Savings Account
D. Term Deposit accounts, Current Accounts and Savings Account
E. Current bill accounts and term deposit account
4. When a bank returns a cheque unpaid, it is called?
A. Payment of cheque
B. Dishonor of cheque
C. Cancelling of cheque
D. Drawing of cheque
E. None of these
5. Which of the following is not a tool in the hands of RBI to control the inflationary pressure in the
country?
A. Bank Rate (BR)
B. Special Drawing Rights (SDR)
C. Statutory Liquidity Ratio (SLR)
D. Cash Reserve Ratio (CRR)
E. None of these
6. On the recommendation of which committee was NABARD established?
A. Rangarajan
B. Shivraman
C. Narasingam
D. Vijay Kelkar
E. Malegam
7. Which among the following does not decided the RBI?
A. CAR
B. CRR
C. Base Rate
D. Bank Rate
E. Repo Rate
8. An Increase in Cash Reserve Ratio (CRR) by Reserve Bank of India leads to:
A. Decrease in Deposit
B. Increase in Deposit
C. Decrease in lendable resources
D. Increase in lendable resources
E. None of these
9. What is meant by development oriented banking?
A. Infrastructure Financing
B. Taking up task of development of the economy by providing support to under privileged
sections of the society.
C. Extending loans to states which are underdeveloped
D. All of the above
E. None of these
10. Which of the following is classified as a Public Sector Banks?
A. ICICI Bank
B. Yes Bank
C. IDBI Bank
D. Local area Banks
E. None of these
11. Reserve Bank of India known as lender of last resort because
A. It has to meet the credit need of citizens to whom no one else is willing to lend
B. It comes to help bank in times of crisis
C. Banks lend to go to RBI as a last resort
D. All of the above
E. None of these
12. The banker-customer relationship in credit card payment is?
A. Agent-Principal
B. Principal-Agent
C. Creditor-Debtor
D. Debtor-creditor
E. None of these
13. The banker-customer relationship in credit card payment is?
A. Agent-Principal
B. Principal-Agent
C. Creditor-Debtor
D. Debtor-creditor
E. None of these
14. Bank Rate implies the rate of Interest -
A. Charges by banks on loans and advances
B. Paid by the RBI on the deposits if commercial banks
C. Payable on bonds
D. At which the RBI discounts the Bill of exchange
E. None of these
15. Increase in net RBI credit for central government represents -
A. Budgetary deficit
B. Monetized Deficit
C. Fiscal deficit
D. Revenue deficit
E. None of these
16. The rate of interest, banks charge to its main/ major and prime; customers is popularly called as
A. Cost of Fund
B. Repo Rate
C. Reserve Repo Rate
D. Prime Lending Rate
E. Risk Premium
17. Under provision of which of the following the Reserve Bank of India issues directive to the
Banks in India?
A. Essential Commodities Act
B. Banking Regulation Act
C. RBI Act
D. RBI Act and Banking Regulation Act
E. None of these
18. A loan bearing low rate of Interest is known as:
A. Hard Loan
B. Soft Loan
C. Capital loan
D. Real Loan
E. None of these
19. Which of the following is not an asset of a bank?
A. Notes and Small coins
B. Short Term Loans
C. Staff Advances
D. Overdue Recurring Deposits
E. None of these
20. The Base rate is set by which of the following organizations/ institution?
A. Individual Bank
B. Government of India
C. Reserve Bank of India
D. RBI in consultation with Government
E. State Bank of India