Q1.

__________ an asset, including a leased asset, becomes non performing when it ceases to generate
income for the bank.
(a) NPA
(b) KCC
(c) NPV
(d) GDP
(e) GNP

Q2. NPA stands for-

(a) National performing Assets
(b) New performing Assets
(c) Non production Assets
(d) Non performing Assembly
(e) Non performing Assets

Q3. NPA is a loan or an advance where interest and/or installment of principal remain overdue for a period of
more than ______ days in respect of a term loan.
(a) 100 days
(b) 30 days
(c) 90 days
(d) 60 days
(e) 120 days

Q4. NPA is a loan or an advance where?

(a) The installment of principal or interest there on remains overdue for one crop season for long duration crops.
(b) The account remains out of order in respect of an Overdraft/Cash Credit (OD/CC).
(c) The installment of principal or interest there on remains overdue for two crop seasons for short duration crops.
(d) All of the above
(e) None of the above

Q5. Banks are required to classify NPA further into the ___________ categories based on the period for which
the asset has remained nonperforming and the realisability of the dues.
(a) One
(b) Three
(c) Two
(d) Four
(e) Six

Q6. Which among the following are not the categories of NPA?
(a) Substandard Assets
(b) Profit Assets
(c) Doubtful Assets
(d) Loss Assets
(e) None of the above

Q7. With effect from 31 March 2005, a ______________ would be one, which has remained NPA for a period
less than or equal to 12 months.
(a) Substandard Assets
(b) Profit Assets
(c) Doubtful Assets
(d) Loss Assets
(e) None of the above

Q8. With effect from March 31, 2005, an asset would be classified as _____________ if it has remained in the
substandard category for a period of 12 months.
(a) Substandard Assets
(b) Profit Assets
(c) Doubtful Assets
(d) Loss Assets
(e) None of the above
Q9. A ______________ is one where loss has been identified by the bank or internal or external auditors or
the RBI inspection but the amount has not been written off wholly.
(a) Substandard Assets
(b) Profit Assets
(c) Doubtful Assets
(d) Loss Assets
(e) None of the above

Q10. Which committee has recommended the setting up of Special Tribunals to reduce the time required for
settling cases?
(a) Kelkar committee
(b) Justice Reddy committee
(c) Rangarajan Committee
(d) Sivaraman Committee
(e) Narasimham Committee

Q11. DRT has been constituted under Section 3 of the Recovery of Debts Due to Banks and Financial
Institutions Act, 1993. DRT stands for-
(a) Debt Recovery Tribunals
(b) Demand Recovery Tribunals
(c) Deposit Recovery Tribunals
(d) Debt Refinance Tribunals
(e) Debt Recovery Treaty

Q12. Securitisation act 2002 enables the banks to issue notices to defaulters who have to pay the debts within
__________ days.
(a) 90 days
(b) 60 days
(c) 30 days
(d) 120 days
(e) None of the above

Q13. Lok Adalats have been found suitable for the recovery of small loans. They cover NPA up to -------
(a) Rs. 15 lakhs
(b) Rs. 10 lakhs
(c) Rs. 5 lakhs
(d) Rs. 20 lakhs
(e) Rs. 25 lakhs

Q14. Which organisation/bureau can help by maintaining a data bank which can be assessed by all lending
institutions?
(a) Central Board of Direct Taxes (CBDT)
(b) Securities and Exchange Board of India (SEBI)
(c) Central Statistics Office (CSSO)
(d) Credit Information Bureau (CIB)
(e) National Sample Survey Office (NSSO)

Q15. Compromise Settlement Scheme provides a simple mechanism for recovery of NPA. Compromise
Settlement Scheme is applied to advances below ----------
(a) Rs. 1 crores
(b) Rs. 20 crores
(c) Rs. 50 crores
(d) Rs. 100 crores
(e) Rs. 10 crores

Pradhan Mantri MUDRA Yojana (PMMY):

Shishu: - covering loans up to 50,000/-

Kishor: - covering loans above 50,000/- and up to 5 lakh
Tarun: - covering loans above 5 lakh to 10 lakh
1. NPCI is an umbrella organisation for all retail payments system in India. It was set up with the guidance and
support of the Reserve Bank of India (RBI) and Indian Banks Association (IBA). What does NPCI stand for-

(a) National Payments Corporation of Industry

(b) National Payments Council of India
(c) Nominal Payments Corporation of India
(d) National Payments Corporation of India
(e) National Product Corporation of India

Q2. In which among the following years NPCI was incorporated-

(a) December 2008
(b) January 2006
(c) April 2010
(d) July 2012
(e) None of the above

Q3. The Bank for International Settlements (BIS) is the world's oldest international financial organisation. BIS
was established on-
(a) 26th May 1961
(b) 01st October 1949
(c) 14th February 1914
(d) 21st August 1945
(e) 17th May 1930

Q4. Where is the head office of Bank for International Settlements (BIS)?
(a) Zurich, Switzerland
(b) New York, USA
(c) Basel, Switzerland
(d) Berlin, Germany
(e) Geneva, Switzerland

Q5. Under which act NPCI was incorporated as a Section 8?

(a) Banking Regulation Act, 1949
(b) Companies Act 2013
(c) Reserve Bank of India Act, 1934
(d) Societies Registration Act, 1860
(e) None of the above

Q6. Who was the first Governor of RBI?

(a) C.D.Deshmukh
(b) James Braid Taylor
(c) Osborne Smith
(d) Raghuram Rajan
(e) None of the above

Q7. Scheduled Banks of India are those banks, which are?

(a) Included in First Schedule of RBI Act, 1934
(b) Not included in First Schedule of RBI Act, 1934
(c) Included in Second Schedule of RBI Act, 1934
(d) Not included in Second Schedule of RBI Act, 1934
(e) None of the above

Q8. Which of the following banks is not merged with SBI in April 2017?
(a) State Bank of Bikaner & Jaipur
(b) State Bank of Travancore
(c) State Bank of Mysore
(d) Axis Bank
(e) None of the above
Q9. Which of the following bank is not a private sector bank in India?
(a) Federal Bank
(b) Yes Bank
(c) IndusInd Bank
(d) UCO Bank
(e) None of the above

Q10. Which private sector bank is recently merged with Kotak Mahindra Bank (KMB)?
(a) ING Vysya Bank
(b) Karur Vysya Bank
(c) Lakshmi Vilas Bank
(d) Jammu and Kashmir Bank
(e) None of the above

Q11. Currently, which of the following combination has female CMDs or heads?
(a) HDFC, ICICI, Axis Bank
(b) ICICI, Axis Bank, Kotak Mahindra Bank
(c) Yes Bank, Kotak Mahindra Bank, SBI
(d) SBI, ICICI, Axis Bank
(e) None of the above

Q12. Which two private sector banks have got the license from RBI in 2014?
(a) Bandhan and Yes Bank
(b) Yes Bank and IDFC
(c) IDFC Bank and Bandhan Bank
(d) Axis Bank and ICICI
(e) None of the above

Q13. Who is conferred with the Central Banker of the Year Award (Global and Asia Pacific) for 2016 by The
Banker, the Financial Times Group's monthly publication?
(a) Janet Yellen
(b) Raghuram Rajan
(c) Graeme Wheeler
(d) Mario Draghi
(e) None of the above

Q14. Which bank first introduced Automated Teller Machine (ATM) in India (1987)?
(a) SBI
(b) Punjab National Bank
(c) Federal Bank
(d) HSBC
(e) None of the above

Q15. Bank of Rajasthan was merged with which private sector bank?
(a) ICICI Bank
(b) Axis Bank
(c) HDFC Bank
(d) Kotak Mahindra Bank
(e) None of the above