1. The cash reserve requirements for Non-schedule Banks are laid down in?
Section 41(i) of the Reserve Bank of India Act, 1934
Section 41(i) of the Negotiable Instruments Act. 1881
Section 41 of the Banking Regulation Act, 1881
None of the above
2. Case Reserve Ratio is maintained in the form of?
Government Securities
Balance with Reserve Bank of India
Balance with State Bank of India
All of the above
3. RBI is empowered to prescribe Cash Reserve Ratio ranging between?
five per cent to twenty per cent of net demand and time liabilities
RBI is empowered to vary CRR between 15 percent and 3 percent
three per cent to forty per cent of net demand and time liabilities
none of the above
4. The functions of Back office are?
It verifies and settles the deals
It maintains proper record of Book keeping
It submits financial returns of RBI
All of the above
5. What does LMS stand for in e-learning?
Learning Management System
Life Management System
Learning Management Software
None of the above
6. Which is not e-banking software?
ECS
MICR
RTGS
PIPS
7. Which is the feature of IBS (Integrated Banking System)?
Multi Currency
Multi Entity
Multi Branch
All of these
8. What does CBS stands for in Banking?
Core Banking Solution
CentralBanking System
Currency Bank Software
Centralized Banking Software
9. In core banking systems?
Store and forward of transaction is done
Branch server is not required
Local Database is not required
Transaction cannot happen form a non-home branch
10. Which of the following is the example of the brand of SBI?
SBI Mutual Fund
Saving and Current Deposits
Car Loan
Home Loan
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