Wednesday, 4 May 2016

Banking Quiz for Bank exams and SBI Clerk


1. The major shareholders in Asset Reconstruction Company of India Limited (ARCIL) other than SBI are? 
A.IDBI &Canara Bank
B.ICICI & HDFC
C.IDBI & HDFC
D.IDBI & ICICI

2. The minimum and maximum court fee that is required to be paid for filing a suit in a Debt Recovery Tribunal is?
A.Rs. 5,000; Rs. 1,00,000
B.Rs. 10,000; Rs. 1,00,000
C.Rs. 12,000; Rs. 1,50,000
D.None of the above

3  The practice of reducing NPAs through cross-lending to square off loans from bank is known as? 
A.“Ever-Greening” of advances
B.“Take Over” of advances 
C.Compromise Settlement 
D.None of the above

4. The risks involved in paying a post-dated cheque are? 
A.the drawer may issue other cheques which bear a date prior to the date of such a cheque and if the balance is insufficient, the bank may be held liable
B.an Attachment Order may be received attaching the balance in the account
C.the drawer may stop payment  
D.All of the above

5. The single largest component of external debt is? 
A.Commercial borrowings
B.Multilateral debt 
C.Short term debt
D.NRI deposits

6. The term “Holder” under an Option Contract refers to? 
A.Buyer of the Option
B.Seller of the Option 
C.Middleman/broker 
D.Dealer 

7. The type of charge created on LIC Policy is? 
A.pledge
B.hypothecation 
C.assignment
D.all of these

8. To revitalize RRBs, the Central Government has taken some significant steps. One of these is not such a step?
A.made SARFAESI Act applicable to RRBs
B.permitted RRBs to accept NRI deposits 
C.permitted RRBs for Branch Expansion 
D.RRBs can undertake Insurance Business

9. Under CDR Mechanism, Category-I CDR System is applicable to accounts classified as under in the books of at least 90 per cent of the creditors (by value)?
A.Standard 
B.Standard and Sub-Standard
C.Sub-Standard or Doubtful 
D.Standard or Sub-Standard or Doubtful

10. Which of the following is the example of the brand of SBI? 
A. SBI Mutual Fund
B. Saving and Current Deposits 
C. Car Loan 
D. Home Loan







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