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question_answer1)
As reported in some major financial newspapers, many times it is said that "Other Income" boosts the profit of a bank to a substantial level. What is this other income for a bank? [Pick up the option(s) which are the part(s) of this other income. [OBC 2008]
(1) Commission for selling insurance policies |
(2) Fee for providing various services (like ATM/Extra cheque etc) |
(3) Interest on advances and loans |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Both (2) & (3) done
clear
D)
Only (3) done
clear
E)
All (1), (2) & (3) done
clear
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question_answer2)
Which of the following schemes has been launched specifically for helping Senior Citizens to avail loan by mortgage of their residential property? [OBC 2008]
A)
English Mortgage Scheme done
clear
B)
Senior Capital Loan Scheme done
clear
C)
Reverse Mortgage Loan Scheme done
clear
D)
DEMAT Account Scheme done
clear
E)
None of these done
clear
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question_answer3)
As published in the newspapers, the RBI has issued certain guidelines to be followed by the Recovery Agents appointed by the banks. In addition to this, the Indian Bank Association (IBA) has to formulate a special training course for them. Why do RBI and IBA have to come into picture for such an issue which is the responsibility of the banks? [OBC 2008]
(1) RBI and Govt were getting many complaints from the public about the misbehaviour of Recovery Agents. |
(2) Govt of India is paying much emphasis on providing banking service to the poor section of the society. News about ill - treatment by agents or suicides due to inability to pay back loans create a negative picture. RBI does not want this to happen. |
(3) Despite banks' efforts to recover loans' many people still do not wish to repay their loans, intentionally. |
Recovery agents will help banks to get their money back by all possible means.
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Both (1) & (2) done
clear
D)
Only (3) done
clear
E)
All (1), (2) & (3) done
clear
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question_answer4)
Banks these days have launched a new scheme product known as "Reverse Mortgage". The scheme is designed keeping which of the following groups of society in consideration? [BOM 2008]
A)
Youngsters who have just started earning done
clear
B)
Defence personnel whose life is always at high risk done
clear
C)
Senior citizens done
clear
D)
Women who do not have independent source of income done
clear
E)
None of these done
clear
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question_answer5)
When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as [BOB 2008]
A)
Participation done
clear
B)
Consortium done
clear
C)
Syndication done
clear
D)
Multiple banking done
clear
E)
None of these done
clear
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question_answer6)
Which of the following correctly describes what sub-prime lending is? [IOB 2008]
(1) Lending to the people who cannot return the loans. |
(2) Lending to the people who are high- value customers of the banks. |
(3) Lending to those who are not a regular customer of a bank. |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Only (3) done
clear
D)
All (1), (2) & (3) done
clear
E)
None of these done
clear
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question_answer7)
The Govt of India recently provided an amount of Rs. 65,300 cr to about 3.6 cr farmers in India. What was the purpose of the distribution of this much amount to the farmers? [Andhara Bank 2009]
A)
To enable them to purchase tractors and other hitech agricultural machines done
clear
B)
This was given to them as a debt waiver and relief package. done
clear
C)
To provide them fertilisers and advanced high- yielding seeds for the next harvesting season done
clear
D)
To help them avail Internet services and update their knowledge about the farming techniques and adopt new methods of the same done
clear
E)
None of these done
clear
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question_answer8)
As we all know, Govt of India is giving much emphasis these days on the development of Small and Medium Enterprises (SMEs). Which of the following statements reflects the importance of the SME sector in the India economy? [RBI 2009]
(1) The Govt is following a policy of keeping some items reserved for SMEs only. Hence a good number of items for local consumption come from these alone. |
(2) The main advantages of SMEs are reduction of regional imbalances, low investment, greater operational flexibility and low production cost. This helps in good control over prices of such items in local markets. |
(3) A very large number of people are employed in this sector and this sector is the second largest employer in India, after agriculture. |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Only (3) done
clear
D)
All (1), (2) & (3) done
clear
E)
None of these done
clear
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question_answer9)
As we have noticed, many banks are now entering into Insurance business. Why are Banks entering into this sector, particularly when many insurance companies are already there in India? [RBI 2009]
(1) By providing insurance products, banks are earning additional revenue in terms of fee/commission. |
(2) Banks with their huge customer base are leveraging on their existing relationship to convert customers into policyholders. |
(3) With increase of health-related problems, everybody wants an insurance cover, no matter how big or small it is. Banks are coming up with many attractive offers, which are also affordable. |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Only (3) done
clear
D)
All (1), (2) & (3) done
clear
E)
Only (1) & (2) done
clear
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question_answer10)
One of the key factors that provide impetus to strong growth is Interest Rates. How do interest rates contribute to the growth of economy, particularly when these are lowered down? [RBI 2009]
(1) It gives corporations the opportunity to prepay high-cost debts and replace them with fresh funds raised at lower rates. |
(2) Banks use this opportunity to maximize profits on their treasury operations and these excess profits are used to clean their Balance Sheets by making higher provisions for NPAs or sticky loans. |
(3) The Govt also gets benefited as it can borrow funds from open market at low interest rates and bridge its fiscal deficit. |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Only (3) done
clear
D)
All (1), (2) & (3) done
clear
E)
None of these done
clear
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question_answer11)
'Sub Prime Lending' is a term applied to the loans made to [Punjab & Sindh 2011]
A)
those borrowers who do not have a good credit history. done
clear
B)
those who wish to take loan against the mortgage of tangible assets. done
clear
C)
those who have a good credit history and are known to bank since 10 years. done
clear
D)
those borrowers who are most preferred customers of the Bank. done
clear
E)
None of these done
clear
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question_answer12)
Which of the following schemes is launched specifically for helping senior citizens to avail loan by mortgage of their residential property? Indian Overseas Bank 2011]
A)
English Mortgage Scheme done
clear
B)
Senior Capital loan Scheme done
clear
C)
Reverse Mortgage Loan scheme done
clear
D)
Senior Citizen Personal Loan scheme done
clear
E)
None of these done
clear
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question_answer13)
Bancassurance is [Corporation Bank 2011]
A)
an insurance scheme to insure bank deposits done
clear
B)
an insurance scheme exclusively for the employees of banks done
clear
C)
a composite financial service offering both banking and insurance products done
clear
D)
a bank deposit scheme exclusively for employees of insurance companies done
clear
E)
None of these done
clear
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question_answer14)
Which of the following types of accounts are known as 'Demat Accounts'? [IBPS 2011]
A)
Accounts which are Zero Balance Accounts done
clear
B)
Accounts which are opened to facilitate repayment of a loan taken from the bank. No other business can be conducted from there. done
clear
C)
Accounts in which shares of various companies are traded in electronic form done
clear
D)
Accounts which are operated through internet banking facility done
clear
E)
None to these done
clear
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question_answer15)
The arrangement under which banks sell insurance products acting as the agents of the respective companies is called the [IBPS 2013]
A)
Insurance joint venture done
clear
B)
Bancassurance Model done
clear
C)
Hybrid Insurance Model done
clear
D)
Insurance Broking done
clear
E)
Integrated Model done
clear
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question_answer16)
Which one of the following is not a 'Money Market Instrument'? [IBPS 2012]
A)
Treasury Bills done
clear
B)
Commercial Paper done
clear
C)
Certificate of Deposit done
clear
D)
Equity Shares done
clear
E)
None of these done
clear
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question_answer17)
Which one of the following is a retail banking product? [IBPS 2012]
A)
Home Loans done
clear
B)
Working capital finance done
clear
C)
Corporate term loans done
clear
D)
Infrastructure financing done
clear
E)
Export Credit done
clear
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question_answer18)
Banks in India are required to maintain a portion of their demand and time liabilities with the Reserve Bank of India. This portion is called ________. [SBI Bank 2013]
A)
Statutory Liquidity Ratio done
clear
B)
Cash Reserve Ratio done
clear
C)
Bank Deposit done
clear
D)
Reserve Repo done
clear
E)
Government Securities done
clear
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question_answer19)
Interest below which a bank is not expected to lend to customers is known as _______. [SBI Bank 2013]
A)
Deposit Rate done
clear
B)
Base Rate done
clear
C)
Prime Lending Rate done
clear
D)
Bank Rate done
clear
E)
Discount Rate done
clear
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question_answer20)
In banking business/ when the borrowers avail a Term Loan, initially they are given a repayment holiday and this is referred as ________. [SBI Bank 2013]
A)
Subsidy done
clear
B)
Interest Waiver done
clear
C)
Re-phasing done
clear
D)
Interest concession done
clear
E)
Moratorium done
clear
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question_answer21)
The arrangement under which banks sell insurance products acting as the agents of the respective companies is called the [IBPS Bank 2013]
A)
Insurance joint venture done
clear
B)
Bancassurance Model done
clear
C)
Hybrid Insurance Model done
clear
D)
Insurance Broking done
clear
E)
Integrated Model done
clear
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question_answer22)
As reported in some major financial newspapers, many times it is said that "Other Income" boosts the profit of a bank to a substantial level. What is this other income for a bank? Pick up the option(s) which are the part(s) of this other income. [RBI Assistant 2015]
(1) Commission for selling insurance policies |
(2) Fee for providing various services (like ATM/Extra cheque etc) |
(3) Interest on advances and loans |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
Both (1) & (2) done
clear
D)
Only (3) done
clear
E)
All (1), (2) & (3) done
clear
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question_answer23)
As per the reports published in the newspapers, the banks, particularly public sector banks, are tying up with various rating agencies for providing a qualitative assessment of the credit needs of the borrowers. Which amongst the following is/are such credit rating agencies in India? [RBI Assistant 2015]
(1) CARE |
(2) CRISIL |
(3) ULIP |
A)
Only (1) done
clear
B)
Only (2) done
clear
C)
(1) & (2) only done
clear
D)
Only (3) done
clear
E)
All (1), (2) & (3) done
clear
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question_answer24)
The concept of 'Micro Credit' essentially concentrates on [IBPS 2013]
A)
consumption smoothening as and when needed done
clear
B)
providing safe place to hold savings done
clear
C)
accepting deposits done
clear
D)
provision of credit to the poor done
clear
E)
facility to transfer money done
clear
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question_answer25)
Cheque truncation can be done by? [IBPS 2014]
A)
Using MICR data done
clear
B)
Sending cheque by speed post done
clear
C)
Using image processing done
clear
D)
Both [a] & [b] done
clear
E)
None of the above done
clear
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question_answer26)
Banks with higher proportion of demand deposits will have I [SBI 2014]
A)
Low cost money at its disposal done
clear
B)
Low interest money at its disposal done
clear
C)
Higher number of current and savings accounts done
clear
D)
High amount of liquid money done
clear
E)
All of the above done
clear
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question_answer27)
Bad advances of a bank are called [IBPS Main 2015]
A)
standard accounts done
clear
B)
book debt done
clear
C)
non-performing assets done
clear
D)
out of order account done
clear
E)
overdrawn accounts done
clear
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question_answer28)
In the Balance of Payment (BOP), the transfer of payment is included in which of the following? [SBI Main 2015]
A)
Current Account done
clear
B)
Capital Account done
clear
C)
Savings Accounts under Govt. Schemes done
clear
D)
Official Reserve Accounts done
clear
E)
All of them done
clear
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question_answer29)
Basic Savings Bank Deposit Account (BSBDA) is a Zero Balance Savings Account that takes care of your simple banking needs with Free ATM card, monthly statement, and cheque book. How much amount has withdrawal and transfer limit under BSBDA? [IBPS Main 2016]
A)
Rs. 1,00,000 per month done
clear
B)
Rs. 20,000 per month done
clear
C)
Rs. 50,000 per year done
clear
D)
Rs. 10,000 per month done
clear
E)
No Limit done
clear
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question_answer30)
All bank loans, including home loans, taken are now linked to the bank's marginal cost of funds based lending rate (MCLR). MCLR has effective from? [IBPS Main 2016]
A)
January 1, 2016 done
clear
B)
September 1, 2015 done
clear
C)
April 1, 2015 done
clear
D)
April 1, 2016 done
clear
E)
None of these done
clear
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question_answer31)
Name the department that was set up by Union Finance Ministry to streamline government borrowings and better cash management with the overall objective of deepening bond markets. [IBPS Main 2016]
A)
Debt Management Cell done
clear
B)
Department of Debt Management done
clear
C)
Cell for management of debt done
clear
D)
All of the above done
clear
E)
None of these done
clear
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question_answer32)
The lock-in period in case of a term deposit means - [IBPS Main 2016]
A)
Locker service is not available done
clear
B)
Premature withdrawal is not possible done
clear
C)
Another account cannot be opened done
clear
D)
No further investment is possible done
clear
E)
None of these done
clear
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question_answer33)
Loan and Advances of a bank come under the category of.___. [IBPS Main 2016]
A)
Deposits done
clear
B)
Expenditure done
clear
C)
Liabilities done
clear
D)
Assets done
clear
E)
None of the above done
clear
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question_answer34)
What does the term 'Call Money' refer to? [IBPS Main 2016]
A)
A loan made for a very short period of a few days or a week done
clear
B)
Student loans to help cover the cost of higher education done
clear
C)
Loans to allow consumers to buy homes they can't pay for upfront done
clear
D)
Personal loans for any personal expenses which don't have a designated purpose done
clear
E)
Loans to veterans and their families done
clear
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question_answer35)
Which of the following is not correct regarding the Systemically Important Non- deposit taking NBFCs (NBFC-ND Sis)? [IBPS 2014]
A)
They came into being in the wake of the recent global recession done
clear
B)
NBFCs with assets of Rs. 100 crore and above are being classified as NBFC- ND-Sis done
clear
C)
Prudential regulations are applicable to them done
clear
D)
It was created in 2006 done
clear
E)
None of these done
clear
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question_answer36)
Which of the following is/are correct regarding the functions of the Indian Mortgage Guarantee Corporation? [IBPS 2014]
A)
It mitigates risk taken by lenders done
clear
B)
It provides mortgage guarantees to banks done
clear
C)
It provides mortgage guarantees to housing finance companies done
clear
D)
It makes easier for people to get access to home loans with lower down payment amounts done
clear
E)
All of the above done
clear
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question_answer37)
What is the minimum period for which a fixed deposit can be opened in India? [IBPS 2014]
A)
3 days done
clear
B)
7 days done
clear
C)
15 days done
clear
D)
30 days done
clear
E)
60 days done
clear
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question_answer38)
What is the maximum period for which domestic term deposits are normally accepted by banks in our country? [SBI 2014]
A)
3 years done
clear
B)
5 years done
clear
C)
7 years done
clear
D)
10 years done
clear
E)
12 years done
clear
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question_answer39)
These are the reserves that are held by Commercial Banks over and above the statutory minimum with the central bank. [SBI 2014]
A)
Excess reserves done
clear
B)
Cash reserves done
clear
C)
Deposit reserves done
clear
D)
Momentary reserves done
clear
E)
None of these done
clear
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question_answer40)
Which of the following is not viewed as a national debt? [IBPS 2015]
A)
Provident Fund done
clear
B)
Life Insurance Policies done
clear
C)
National Saving Certificate done
clear
D)
Long-term Government Bonds done
clear
E)
None of these done
clear
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