1. Invisible exports means export of _____ .
a. services
b. prohibited goods
c. restricted goods
d. goods as per OGL list
e. other than those given as options
2. Banks in India are required to maintain a portion of their demand and time liabilities with the RBI. This portion is called
a. Statutory liquidity ratio
b. Cash reserve ratio
c. Bank deposit
d. Reserve ratio
e. Government securities
3. Pre-shipment finance is provided by banks only to _____ .
a. Credit card holders
b. Students aspiring for further studies
c. Brokers in equity market
d. Village artisans
e. Exporters
4. Banking ombudsman is appointed by _____ .
a. Government of India
b. State governments
c. RBI
d. ECGC
e. Exim bank
5. The holidays of bank are declared as per _____ .
a. Reserve bank act
b. Banking regulation act
c. Negotiable Instruments act
d. Securities and exchange board of india
e. Companies act
6. Interest on savings deposit nowadays is _____ .
a. fixed by RBI
b. fixed by the respective banks
c. fixed by the depositors
d. fixed as per the contract between bank and the consumer court
e. not paid by the bank
7. Interest below which a bank is not expected to lend to consumers is known as _____ .
a. deposit rate
b. base rate
c. prime lending rate
d. bank rate
e. discount rate
8. The customer by opening and investing in the Tax Saver Deposit Account Scheme in a bank would get benefit transfer under _____ .
a. Sales tax
b. Customs duty
c. Excise duty
d. Professional tax
e. Income tax
9. In banking business, when the borrowers avail a Term Loan, initially they are given a repayment holiday, and this is referred as _____ .
a. subsidy
b. interest waiver
c. re-phasing
d. interest concession
e. moratorium
10. A non-performing asset is _____ .
a. money at call and short notice
b. an asset that ceases to generate income
c. cash balance in till
d. cash balance with RBI
e. balance with other banks
+/- ANSWERS
# Answers:
1. a
2. a
3. e
4. c
5. c
6. b
7. b
8. e
9. e
10. b
a. services
b. prohibited goods
c. restricted goods
d. goods as per OGL list
e. other than those given as options
2. Banks in India are required to maintain a portion of their demand and time liabilities with the RBI. This portion is called
a. Statutory liquidity ratio
b. Cash reserve ratio
c. Bank deposit
d. Reserve ratio
e. Government securities
3. Pre-shipment finance is provided by banks only to _____ .
a. Credit card holders
b. Students aspiring for further studies
c. Brokers in equity market
d. Village artisans
e. Exporters
4. Banking ombudsman is appointed by _____ .
a. Government of India
b. State governments
c. RBI
d. ECGC
e. Exim bank
5. The holidays of bank are declared as per _____ .
a. Reserve bank act
b. Banking regulation act
c. Negotiable Instruments act
d. Securities and exchange board of india
e. Companies act
6. Interest on savings deposit nowadays is _____ .
a. fixed by RBI
b. fixed by the respective banks
c. fixed by the depositors
d. fixed as per the contract between bank and the consumer court
e. not paid by the bank
7. Interest below which a bank is not expected to lend to consumers is known as _____ .
a. deposit rate
b. base rate
c. prime lending rate
d. bank rate
e. discount rate
8. The customer by opening and investing in the Tax Saver Deposit Account Scheme in a bank would get benefit transfer under _____ .
a. Sales tax
b. Customs duty
c. Excise duty
d. Professional tax
e. Income tax
9. In banking business, when the borrowers avail a Term Loan, initially they are given a repayment holiday, and this is referred as _____ .
a. subsidy
b. interest waiver
c. re-phasing
d. interest concession
e. moratorium
10. A non-performing asset is _____ .
a. money at call and short notice
b. an asset that ceases to generate income
c. cash balance in till
d. cash balance with RBI
e. balance with other banks
+/- ANSWERS
# Answers:
1. a
2. a
3. e
4. c
5. c
6. b
7. b
8. e
9. e
10. b
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