Multiple Choice Questions on BANKING

Multiple Choice Questions ON BANKING, FINANCE AND ECONOMY Reply Banking related general awareness , Banking related General awareness -important,, Economics -important Economics,, Finance 7:41 AM AASHARE ON O N PRINPRIN PRINP RINSHARE ON EMAI!EMAI! EMA I!EMAI!

1! "#e tent# tent# Fi$e-% Fi$e-%e ear &lan &lan period period is :

a' ()))-)*

+' ())1-)

c' ())(-)7

d' ())4-()) ())4-())

e' ())*-

()1)

(! .ndian corporates corporates can now in$est in /oint $ent0res $ent0res and s0+sidiaries a+road to t#e etent o2 333333 o2 t#eir net wort#!

a' ())

+'

1*)

c' 1))

d'

7*

5! Minim0m Minim0m period period o2 a 6erti2ica 6erti2icate te o2 epo eposit sit is :

a' 1* days

+'

5) days

c'

1) days

d'

7 days

4! "o accelerate growt# growt# o2 ser$ices eports eports 2rom .ndia .ndia and to create create a 0ni80e +rand, a new sc#eme called 933333 #as +een introd0ced in t#e ;ew Foreign "rade &olicy!

a' .ndia
+' .ndia 6alling

c' .ncredi+le .ndia

d'

*! "#e ;ew Foreign "rade &olicy en$isages .ndias s#are in merc#andise trade to 33333333 wit#in t#e period ())4-)!

a'

do0+le

+' tre+le

c' rise +y *)

d' rise +y

=)

! >y+rid capital instr0ments ?de+t @ e80ity' 2orm part o2 333333 capital!

a'

"ier ..

+' "ier .

c' &aid 0p

d' &re2erence

s#are

7! A c0stomer #as +een de2ined in :

a' Banking Reg0lation Act  Anti-Money a0ndering Act

+' ;egotia+le .nstr0ments Act d' %6 g0idelines

c'

=! A Medi0m Enterprise is de2ined as one in w#ic# in$estment in plant and mac#inery is o$er t#e <<. limit, +0t less t#an Rs! 33333!

a' * cr!

+' 1) cr!

c' (* cr!

d'

*) cr 

! "#e B
a' *)

+' 1))

c' 5)

d' 

1)! "#e Go$ernment o2 .ndia #as recently anno0nced a sc#eme 2or pro$iding s#ort term loans to 2armers at concessional rate o2 3333 p!a! 0p to an amo0nt o2 Rs!333 lac!

a' 7, 1

+' 7, 5

c'

*, 1

d'

*, 5

11!"#e pro$ision to +e made on
a' )!(* +' )!4) c' )!4) 2or all loans ecept loans to &riority
1(!

6la0se 4 o2 t#e isting Agreement o2
a' anno0ncing o2 80arterly res0lts o2 listed companies +' restriction o2 F. in p0+lic sector +anks c' corporate go$ernance and 2inancial penalties incl0ding delisting 2or companies w#o do not appoint t#e re80ired n0m+er o2 independent directors on t#eir +oard d' ;one o2 t#ese

15! D#ic# +ank in .ndia ranks n0m+er one in .ndia in terms o2 market capitaliation

a'
+' .6.6. Bank

c'

". Bank

d' .B.

Bank

14! D#ic# is t#e 2irst m0t0al 20nd in t#e co0ntry to o22er redemption o2 its 0nits t#ro0g# A"Ms o2 >F6 Bank and H.
a' Reliance MF

+'

". MF

c'
d' &r0.6.6.

MF

1*!

"#e stake o2
a' *1

+' 4)

c' )

d' 4

1! A Banks aggregate capital market epos0re #as +een capped at  333 o2 its net wort#!

a' *

+'

1)

c'

4)

d' (*

17! Financial .ntelligence nit is set 0p +y 33333333333 2or tig#tening anti-money la0ndering meas0res!

a' RB. +' 6entral Higilance 6ommission epartment d' Finance Ministry, GI.

c' .ncome "a

1=! 6redit limits to dealers in agric0lt0ral mac#inery 0p to Rs!333 lacs are classi2ied as priority sector ad$ances!

a'

(*

+' 5)

c'

4)

d' ()

1! "#e minim0m mat0rity period 2or 6ommercial &aper ?6&' is  33333 days!

a'

14

+'

5)

c'

4*

d' 7

()!

"#e 2irst
a' Reliance aryana +'
(1! Hal0e added ta ?HA"' is a type o2 ta le$ied on $al0e added +y any economic acti$ity, and co$ers :

a' +' c' d'

commodities at t#e man02act0ring le$el commodities at t#e man02act0ring, w#olesaling, and retailing le$el commodities at t#e man02act0ring and w#olesaling le$el commodities and ser$ices at t#e man02act0ring, w#olesaling, and retailing le$els ((!

"#e
a' aims at impro$ing in$estor con2idence in American corporates +' impro$ing 80ality o2 corporate disclos0res and reporting, and increasing t#e responsi+ility o2 o22icers and directors o2 companies in t#ese disclos0res c' strengt#en t#e independence o2 acco0nting 2irms d' all t#e a+o$e

(5!

a' +' c' d' e'

"#e .n2ormation "ec#nology Act, ())) is concerned wit# :

legal recognition o2 digital signat0res de2inition o2 $ario0s types o2 comp0ter crimes and penalties 2or t#e same appointment o2 certi2ying a0t#orities 2or iss0ing digital signat0res recognition o2 digital records and t#eir admissi+ility as e$idence in co0rts all o2 t#e a+o$e

(4! As per RB. +enc#mark 2or allocation o2 +ank credit, women +ene2iciaries s#o0ld recei$e at least 3333 o2 net +ank credit!

a'

*

+'

1)

c'

1*

d'

1

(*! Eport credit s#o0ld +e a minim0m o2 333 o2 net +ank credit 2or sc#ed0led commercial +anks!

a'

1(

+' 1*

c'

1)

d'

5

(! oans to so2tware ind0stry 0p to a limit o2 Rs!3333333 are classi2ied as priority sector ad$ances!

a' *) lacs

+' 1)) lacs

c' 1))) lacs

d' *)) lacs

(7! "#e em0t0alisation Irdinance amending t#e
a' operations o2 2oreign m0t0al 20nds in .ndia +' r0les and reg0lations 2or iss0e o2 di22erent sec0rities in t#e capital market c' comp0lsory corporatisation o2 stock ec#anges to +ring a+o0t transparency and e22iciency in t#eir operations d' process o2 con$erting paper +ased sec0rities into electronic 2orm

(=!

"#e D"I Agreements co$er glo+al trade in :

a' goods co0ntries

+' ser$ices c' intellect0al property e' all o2 t#ese 2' a, + C c

d' in$estments in ot#er

(! D#ic# committee #ad recommended t#e amalgamation o2 RRBs promoted +y sponsor +anks

a' Mitra

+'

;arasim#an

c' Rakes# Mo#an

d'

Mal#otra

5)! .ndia #as entered into 6ompre#ensi$e Economic 6o-operation Agreeement wit# w#ic# o2 t#e 2ollowing co0ntries recently: a'
+' 
c' A0stralia

d' ;one o2 t#ese

51! B#arat ;irman is a 2o0r-year +0siness plan em+arked +y t#e Go$ernment o2 .ndia 2or pro$iding r0ral in2rastr0ct0re in t#e areas o2 :

a' irrigation C water s0pply +' electri2ication c' #o0sing telecomm0nication C connecti$ity e' all t#e a+o$e

5(!

a' +' c' d'

d'

;.K. stands 2or :

;ational C .nternational Ec#ange o2 .ndia ;ational .nternet Ec#ange o2 .ndia ;otional .nter Ec#ange interest ;one o2 t#e a+o$e

55!
a' t#e se$en co0ntries w#o are mem+ers o2
54!

M6A(1 is :

a' e-go$ernance pro/ect o2 t#e Ministry o2 6ompany A22airs +' will ena+le companies to 2ile t#eir ret0rns online wit# t#e Registrar o2 6ompanies c' la0nc#ed as a pilot in 6oim+atore, wit# plans to etend to el#i s#ortly d' all t#e a+o$e

5*! "#e name o2 Microso2t 6orporation .ndias ." initiati$e 2or setting 0p ." kiosks in r0ral areas is named :

a' Aad#ar

5!

+'
c'
d' <#akt#i

"#e new c#airman o2 t#e < Federal Reser$e is :

a' Alan Greenspan George B0s#

+' Gordon Bro0nes

c' Ben Bernanke

d'

57! D#ic# credit card company #as tied 0p t#e Railways to iss0e a credit c0m loyalty card

a' .6.6. 6ards +'
c' AB; Amro 6ards d' 6iti+ank

5=! Financial ;etwork
' Dipro

+' "6<

c' .n2osys

d' >6

5!
a' a#ore and arac#i c' Rawalpindi and
+' .slama+ad and arac#i d' a#ore and .slama+ad

4)! "#e risk weig#tage on +anks epos0re to capital market epos0res is :

a' 1)) 

+' 1(*

c' 1*)

d'

())

41! Eport Iriented nits can retain 33333 o2 t#eir eport earnings in 2oreign c0rrency!

a' *)

+' 1))

c'

=)

d'

!7

4(! Foreign in$estment in pri$ate +anks, ?in aggregate incl0ding F., F.., ;R., etc!' in .ndia is permitted 0p to 3333

a'



+' 74

c' 4

d' (4

45! "#e minim0m s#are#olding o2 RB. in
a' *)

44!

+' *

+' Repo Rate

a'

**

c' Bank Rate min0s (

"#e t#ree pillars o2 t#e Basel .. 2ramework are :

a' Minim0m capital Management c' Market discipline a, c Cd

4!

d'

RB. pays interest on 6RR +alances o2 +anks at 33333!

a' Bank Rate d' Jero 

4*!

c' *1

re80irements

+'

Asset L

ia+ility

d' <0per$isory re$iew e' all t#e a+o$e 2'

"#e 6ode o2 Banks 6ommitment #as +een iss0ed +y :

RB.

+'


c'

.BA

d' B6
47! For declaring di$idend, +anks s#o0ld #a$e a 6RAR o2 at least  3333 2or t#e preceding ( years, and net ;&A o2 less t#an 33333!

a' 11, 5

+' , 7

c' 1), *

d'

, *

4=! A2ter 33333333, 2oreign +anks operating in .ndia will +e 2reed o2  RB. imposed restrictions on t#eir operations and treated on par wit# .ndian +anks!

a' April, ())=

+' April, ())

c' April, ()1)

d' April,

()1*

4! nder
a' leasing +' #ire p0rc#ase 2inance c' 2actoring operations e' all t#e a+o$e 2' only a, + C c

d'

credit card

*)! "#e percentage o2 pro2it t#at a +ank is re80ired to trans2er to its reser$e 20nd as per Banking Reg0lation Act is 333333! a'

(*

+'

()

c'

5)

d'

*)

ANSWERS:

1 11

6 

( 1 5 1 4 1

 E B

( 1 ( ( ( 5 ( 4 (

A 6

5 15

 B

4 14

 A

* 1*

A 

 1

B 6

7 17

 

= 1=

B B

 1

6 

1) ()

B 6



(5

E

(4

A

(*

A

(

B

(7

6

(=

F

(

B

5)

A

6

55

A

54



5*

B

5

6

57

B

5=

B

5

A

4)

6

B

45



44



4*

F

4



47

B

4=

B

4

F

*)

B