Q1. Many times we read a term CBS used in banking operation. What is the full form of the letter ‘C’ in the term ‘CBS’?
(a) Core
(b) Credit
(c) Continuous
(d) Complete
Q2. At which one of the following rate, the Central Bank lends of banks against government securities?
(a) Repo Rate
(b) Reverse Repo Rate
(c) Bank Rate
(d) SLR
Q3. One of the sources of income of banks is to charge fee for certain services. What are some of the services provided by the banks for which they charge fee?
I. Issuing Demand Drafts/Pay Orders
II.Issue of ATM/Credit/Debit Cards
III.Electronic Transfer of Money
(a)Only I
(b) Only II
(c) Only III
(d) All of the above
Q4. Which of the following is the full form of the term SLR as used in the banking sector?
(a) Social Lending Ratio
(b) Statutory Liquidity Ratio
(c) Scheduled Liquidity Rate
(d) None of the above
Q5. As we all know, the major source of income of the banks is lending money (Providing credit) and earning interest on it. In normal circumstances, the demand of the credit comes mainly from which of the following sectors?
I. Personal Loans
II.Priority Sector Lending & Bailout Packages
III. Project Finance
(a)Only I
(b) Only II
(c) Only III
(d) All of the above
Q6. The Differential Rates of Interest (DRI) Scheme is operative since?
(a) 1969
(b) 1972
(c) 1975
(d) 1976
Q7. Which of the following is an apex-institution in the field of industrial finance?
(a) Industrial Credit and Investment Corporation of India
(b) Industrial Finance Corporation of India
(c) Industrial Development Bank of India
(d) Industrial Reconstruction Bank of India
Q8. When a country decides to conduct trade on favorable terms with another country for mutual benefits, this is called?
(a) FTA System
(b) MFN Status
(c) Bilateral Trade
(d) Counter Trade
Q9. Kisan Credit Card can be used for financing?
(a) Production needs
(b) Consumption needs
(c) Both (a) and (b)
(d) None of the above
Q10. When was the Imperial Bank of India nationalised?
(a) 1948
(b) 1950
(c) 1955
(d) 1969