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01. According to know your customer
guidelines, which amongst the following are not low risk clients?
a)
Salaried customers; b) government owned
companies; c) government departments; d) regulatory and statutory bodies; e)
high networth individuals
02. In the following categories of bank
customers, who are considered as medium
risk customers as per KYC guidelines?
a)
High networth individuals; b) Non resident
Indians; c) Blind people; d) all the above; e) none of the above
03. Which is the odd man out in respect of
various risks faced by banks when it comes to risks?
a)
Credit risk; b) liquidity risk; c)
operations risk; d) personal risk; e) market risk
04. There are various insurance players in
the market. Can you identify the public sector insurance companies who take
care of general
insurance business in the country:
a)
United India Insurance company Limited; b)
New India Assurance Company Limited; c) Oriental Insurance company Limited; d)
National Insurance company Limited; e) all the above
05. Which are the specific principles of
insurance?
a)
Utmost good faith; b) insurable interest;
c) proximate clause; d) all the above; e) none of the above
06. What is the full form of FINO – a term
we see frequently in financial newspapers?
a)
Financial Information Network and
Operations Limited; b) Financial Information National and operations limited;
c) Financial Intelligence Information Network and Operations Limited; d)Financial
Interest Network and Operations Limited; e) None of the above
07. Banks and other financial
insititutions in the country are required to maintain a certain amount of
liquid assets like cash, gold, precious metals and other short term securities
as a reserve all the time. In the world of banking, this procedure is known as:
a)
SLR; b) CRR; c) REPO; d) Reverse repo; e)
none of the above
08. What does the letter, “L” denote in
the term LAF as referred every now and then in relation to monetary policy of
Reserve Bank of India?
a)
Liquidity; b) Leverage; c) License; d)
Language; e) Lending
09. Personal loans can be canvassed
amongst the following:
a)
Salaried persons; b) agriculturists; c)
daily wage workers; d) Retail traders; e) none of the above
10. Which amongst the following is not a
development bank as on date?
a)
Industrial Finance Corporation of India; b)
Export and Import Bank of India; c) Small Industries Development Bank of India;
d) National Bank for agriculture and rural development; e) ICICI bank
11. What do you mean by “probagation of
cells”?
a)
Tissue culture; b) aqua culture; c)
horticulture; d) pisciculture; olericulture
12. What do you mean by apiculture?
a)
Fruit production; b) honeybee rearing; c)
cultivation of fodder crops; d) vegetable cultivation; e) propagation of cells
13. What do you mean by yellow revolution?
a)
Cocoa production; b) meat production; c)
increase in agriculture production; d) flower production; e) oil seeds and
pulse production
14. Rubber production is denoted by which
kind of revolution?
a)
Green revolution; b) black revolution; c)
blue revolution; d) white revolution; e) brown revolution
15. State Bank of India having a branch at
Chennai opens an account with Bank of America at New York and what do you mean
by the account?
a)
Vostro account; b) Nostro account; c) Loro
account; d) Current account; e) None of the above
16. Which defines Loro account in respect
of the following?
a)
Canara Bank, Chennai opening an account
with Bank of America at Chicago in US dollars
b)
State Bank, Coimbatore opening an account
with Deutsche Bank at Bonn in euro
c)
Bank of America, New York opening an
account with Bank of England at London in sterling pounds
d)
Bank of America, Los Angels opening an
account with Australian Bank at Sydney in sterling pounds
e)
Bank of Tokyo at Osaka opening an account
with State Bank of India, New Delhi in Indian rupees
17. Find the correct order in respect of
the following when it comes to issue of shares by a company:
a)
Authorized capital- issued capital –
subscribed capital – paid up capital
b)
Authorized capital – subscribed capital –
issued capital – paid up capital
c)
Authorized capital – paid up capital –
subscribed capital – issued capital
d)
Authorized capital – issued capital – paid
up capital – subscribed capital
e)
Issued capital – authorized capital – paid
up capital – subscribed capital
18. Among the following which appears in
the balance sheet of a company?
a)
Subscribed capital; b) authorized capital;
c) issued capital; d) paid up capital; e) partners’ capital
19. Which amongst the following is off
balance sheet items in respect of a banking company?
a)
Guarantees; b) deposits; c) loans granted
to the public; d) machinery account; e) reserves
20. What do you mean by the character; “M”
in the term called as CAMELS?
a)
Maintenance; b) Management; c)
Misappropriation; d) Money; e) Mortgage
21. Ramesh maintains a current account
with State Bank of India and a cheque for Rs. 10000/- was issued by him whereas
his account showed a balance of Rs. 8000.00 and when he approached the bank manager, the manager assured to help
him by the following activity:
a)
Permitting temporary overdraft for Rs.
2000; b) closing the account immediately; c) advising him to surrender the
remaining cheque leaves; d) returning the cheque presented to the bank; e)
telling the other party not to present the cheque once again to the bank
22. What do you mean by money laundering?
a)
Washing the currency notes in a good
laundery; b) converting money obtained through illegal sources in to legal
money; c) keeping the money in currency chests; d) sending excess cash to the
other branch; e) none of the above
23. The term “coparcener” applies to which
amongst the following?
a)
Partnership firm; b) Company accounts; c)
Proprietorship firm; d) Hindu undivided family; e) Joint account
24. What do you mean by an executor?
a)
The person appointed by depositor to
receive the money in the case of his death on behalf of his minor legal heir as
mentioned in the will
b)
The person appointed for executing cinemas
in a mall
c)
The person appointed by a court of law to
receive the money in case of death of the depositor on behalf of minor son of
the depositor where no will has been made by the depositor
d)
Anyone of the above; e) None of the above
25. Bank branches are in a position to
send cash transaction report on daily basis in respect of transactions more
than:
a)
Rs. 10 lakhs; b) Rs. 20 lakhs; c) Rs. 30 lakhs;
d) Rs. 50 lakhs; e) none of the above
26. ASBA relates to which amongst the
following:
a)
Sending money for investment in shares
through initial public offer; b) a loan scheme; c) deposit scheme; c) foreign
exchange remittance facility; e) sending money to a share broker for purchase
of shares in secondary market
27. What do you mean by the character: “S”
in the term called as RTGS?
a)
Settlement; b) Standard; c) Sequence; d)
Stimulation; e) Stipulations
28. State Bank of India is considered to
be the largest bank in the country. The size is measured by which among the
following?
a)
Total deposits and total advances; b) total
number of branches; c) total number of employees; d) total deposits; e) total
advances
29. What do you mean by COPRA?
a)
Consumer protection act; b) Consumer
programme act; c) Consumer patents act; d) Consumer perfection act; e) none of
the above
30. Nomination is not applicable in
respect of which of the following:
a)
Term deposits; b) demand deposits; c) gold
loans; d) safe deposit locker; e) safe custody service
TEST
NO: 005 0 ANSWERS
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1-E
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2-D
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3-D
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4-E
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5-D
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6-A
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7-A
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8-A
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9-A
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10-E
|
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11-A
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12-B
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13-E
|
14-B
|
15-B
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16-C
|
17-A
|
18-D
|
19-A
|
20-B
|
|
21-A
|
22-B
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23-D
|
24-A
|
25-A
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26-A
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27-A
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28-A
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29-A
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30-C
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