• What is the target of correspondence in Hindi
from Region C to Region C :
Ans. 55% of total letter sent
• What is Corporate Governance :
Ans. Management of an organisation to enhance value for all stakeholders .
• Commission of Govt. business other than Pension :
Ans. 9 paisa per Rs. 100 turnover.
• Expand HTML :
Ans. HyperText Marttup Language
• Number of alphabets in a PAN Card :
Ans. Total 10, out of which 6 alphabets and 4 Numerals.
• Oldest and largest foreign bank in India :
Ans. Standard Chartered Bank
• What is Internet :
Ans. Network for Networks
• Information Technology Act came in to effect from :
Ans. 1.6.2000
• 'Buy now Pay later' is related to :
Ans. Credit Card
• Maximum dividend payout ratio for a bank is :
Ans. 40%
• What enables computers to interact with other network through telephone lines :
Ans. Modem
• Extent of Investment fluctuation reserve for banks Minimum 5% of securities classified as held for :
Ans. Trading and Available for Sale.
• Smallest part of computer memory is :
Ans. Bit .
• A branch is considered as rural branch if it is located as a place with population below :
Ans. 10,000. (RBI definition), however for PMEGP it is 20000
• Converting physical shares to electronic from is called :
Ans. Dematerialization
• Official Language Committee Meeting :
Ans. Once in a quarter
• Minimum age of minor for self operated account :
Ans. 10 years
• Vyas committee recommendations relates to :
Ans. Agriculture credit
• Committee which recommended about Universal Banking :
Ans. R.H. Khan
• Nathu La Pass opened up for trade between China & India is in which State -,- :
Ans. Sikklm
• The Uniform Custom & Practices for Documentary Credits (UCP 600) has _ as the total number of Articles :
Ans. 39
• Agency commission rat~ for governments business receipts is at the rate of_ per transaction :
Ans. Rs. 45
• Which sector has become the world's biggest source of employment :
Ans. Services
• 'Which States has become the first State in India to launch evening Courts :
Ans. Gujarat
• The country which is known as 'Land of Co-operative' is :
Ans. Denmark
• The time period of settlement in case of RTGS is : Ans. "Two Hour
• Which state has got the maximum agricultural credit from the nationalized banks :
Ans. Andhra Pradesh
• As per the latest WTO report, the biggest importer country in the world during 2005 is :
Ans. USA
• Foreign Banks in India and Indian banks having presence outside India are to comply with Basel II norms w.e.f. :
Ans. 31st March, 2008
• In the total food grain output of India, what is the share of Kharif Crops :
Ans. 50%
• The Grameen Bank Model of micro-finance institution was developed originally by :
Ans. Bangladesh
• Interest on Cash Reserve Ratio eligible balance is paid by RBI on __ basis :
Ans. No interest is paid
• Banks are required to maintain minimum of __ of theirCRR requirement on a daily basis :
Ans. 70%
• Stamp duty payable on a Promissory Note is governed by :
Ans. Indian Stamps Act
• Banks can raise up to __ of the total Tier-I capital in the form of perpetual dell :
Ans. 15%
• The rate of commission paid by government for pension payment is :
Ans. . Rs. 60 per transaction
• 'Customer' has been defined in :
Ans. KYC Guidelines
• What is the cut-off point for reforming fraud cases to CBI :
Ans. Rs. 1 crore
• RTGS will minimize __ risk :
Ans. Settlement risk
• What are the Indian Depository Receipts :
Ans. Financial Instruments that allow foreign companies to mobilize funds from Indian markets
• Which act gives legal guarantee of 100 days employment in rural areas to 1 person in every household :
Ans. National Rural Employment Guarantee Act
• Service tax has to be remitted to the Govt. A/c by :
Ans. 5th of the succeeding month
• The risk of loss resulting from inadequate or failed intemal processes, people and systems or from external events is :
Ans. Operational risk
• Which committee had recommended formation of Banking Standards and Codes Board to prescribe guidelines in the banking sector for improving customer service :
Ans. S.S. Tarapore Committee
• Which state stands first in promoting SHG movement :
Ans. Andhra Pradesh
• ICRA, the rating company has become an associate of :
Ans. Moody's Investor Service
• Under what provisions Lok Adalats are set up :
Ans. Legal Services Authority Act, 1987
• What is MCA-21 :
Ans. It is the e-governance project of Ministry of Corporate affairs
• The new name of UTI Bank is :
Ans. Axis Bank
• BPO & KPO stand for :
Ans. Business Process Outsourcing & Knowledge Process Outsourcing
• International Bank for Devl. & Reconstruction is also known as :
Ans. World Bank
• WWW refers to :
Ans. World Wide Web
• The book 'A View from the Outside- Why good Economics works for every one' is written by :
Ans. P.Chidambaram
• Ministry of Labour has banned children less than 14 yrs from working as domestic help :
Ans. With effect from 10th October 2006.
• . ICRA,CRISIL,CARE,FITCH India are names of :
Ans. RBI approved rating agencies In India
• A Common Goods & Services tax is expected to be implemented from :
Ans. April 2010
• 'Pure Banking, Nothing Else' is the signing off statement of _ :
Ans. State Bank of India
• Finnacle, the popular Banking software is a product of :
Ans. INFOSYS
• 'Metropolitan' group includes all banked centres with population of and above :
Ans. 10,00,000
• RBI has allowed NBFCs registered with RBI to issue co-branded credit cards with banks, without risk sharing, with prior RBI approval, for an initial period of :
Ans. Two Years
• Under population group of banked centres, 'Semi urban' group includes all banked centres with population of 10,000 and above but less than :
Ans. 1,00,000
• 'Urban' group is that which has a population above 1,00,000 but below :
Ans. 10,00,000
• Which sector has become the world's biggest source of employment :
Ans. Services
• Which is the largest country in the world in terms of land area :
Ans. Russia
• Which State has become the first State in India to launch evening courts :
Ans. Gujarat
• The country which is known as 'Land of Co-operative' is :
Ans. Denmark
• Right to Education to all children between the age of 6to 14 years is :
Ans. A fundamental right
• The time period of settlement in case of RTGS is :
Ans. Two Hour
• Which state has got the maximum agricultural credit from the nationalized banks :
Ans. Andhra Pradesh
• Which state is at the top in agricultural production in India :
Ans. Punjab
• In the total food grain output of India, what is the share of Kharif Crops :
Ans. 50%
• Who is the chairperson of the National Commission on Farmers Dr. M.S.Swaminathan
• What is India's share in world's total exports of milk dairy products :
Ans. 0.5%
• A bank's aggregate Capital market exposure shall not exceed __ % of the net worth of the bank on a solo and consolidated basis :
Ans. 40%
• Service tax recovered by the Bank in a month has to be remitted to the Govt. A/c by :
Ans. 5th of the succeeding month
• Two currencies which have been include by RBI in the basket of currencies to which rupee is linked :
Ans. Yuan & Hong Kong dollar
• What is the maximum limit permitted for investment by FDls in the equity capital of ARCs :
Ans. 49%
• ICRA, the rating company has become an associate of :
Ans. Moody's Investor Service
• No passport need be presented to money changers for encashment of dollars up to :
Ans. USD500
• Who is the industry leader in mortgage loan :
Ans. HDFC
• What is the ceiling for issue of Innovative perpetual debt instrument by banks :
Ans. It should not exceed 15% of total Tier•1 capital of the bank
• Who is the Chairman of the Committee to recommend the frame work for fuller Capital Account Convertibility :
Ans. S.S. Tarapore, former Deputy Governor,
• RBI Interest subsidy on farm credit has to be claimed by banks :
Ans. on quarterly basis
• Risk weight for investment in RIDF by banks to meet shortfall in agricultural sector is :
Ans. 100% .
• Which are the three pillars under Basel II norms :
Ans. (a) Regulatory requirement of capital, b) Supervisory review, c) Market discipline
• Banks have kept Investment Fluctuation Reserves to manage :
Ans. Interest rate risk
• Indian bank that has been named in the top 500 list of Fortune Global 500 companies :
Ans. State Bank of India
• Opening of branches by Banks is covered under _ of the Banking Regulation Act,1949 :
Ans. Section 23
• Banks have to file with Income Tax Department returns on a __ basis in respect of Interest paid to resident depositors not exceeding Rs. 10,000:
Ans. Quarterly
• RBI's permission to open a bank branch is valid for _ from the date of the consolidated authorization letter issued by it :
Ans. one year
• Which of the following is related to 'Yellow Revolution' :
Ans. Oilseeds Production
• Annual growth rate of national income was recorded lowest during :
Ans. Third Plan
• According to the Sarva Shiksha Abhiyan, India's every child would be able to go to school by :
Ans. 2015
• Banks prefer going. to Lok Adalat because :
Ans. No court fees,' no appeal and compromise decree.
• NICL is abbreviation of :
Ans. National Insurance Company Ltd.
• Who decides the quantum of agricultural finance :
Ans. District Technical Committee.
• The term Insider Trading refers to :
Ans. Sale and Purchase of shares based on classified information available to those connected with company.
• What is meant by Pari-Passu charge :
Ans. Pro-rata in the ratio of outstanding within the consortium approved limits.
• Which financial institutions converted into a Bank on 01.10.04 :
Ans. lDBI Ltd.
• Fire wall is used for :
Ans. Hardware/software to protect the IT system/website from unauthorized access.
• The foreign bank which has its own currency chest in India :
Ans. Standard Chartered
• What is Internet :
Ans. Network of Networks
• Expand INFINET :
Ans. Indian financial Network
• Deferred payment guarantee is a :
Ans. financial guarantee
• Net Block means :
Ans. Fixed Assets minus depreciation
• The declared objective of the 11 th Plan is :
Ans. Faster and More InclusiveGrowth
• Committee on Financial Inclusion for RRBs __ :
Ans. Dr. C Rangarajan.
• SARFAESI Act has been extended to loans advanced by :
Ans. RRBs.
Ans. 55% of total letter sent
• What is Corporate Governance :
Ans. Management of an organisation to enhance value for all stakeholders .
• Commission of Govt. business other than Pension :
Ans. 9 paisa per Rs. 100 turnover.
• Expand HTML :
Ans. HyperText Marttup Language
• Number of alphabets in a PAN Card :
Ans. Total 10, out of which 6 alphabets and 4 Numerals.
• Oldest and largest foreign bank in India :
Ans. Standard Chartered Bank
• What is Internet :
Ans. Network for Networks
• Information Technology Act came in to effect from :
Ans. 1.6.2000
• 'Buy now Pay later' is related to :
Ans. Credit Card
• Maximum dividend payout ratio for a bank is :
Ans. 40%
• What enables computers to interact with other network through telephone lines :
Ans. Modem
• Extent of Investment fluctuation reserve for banks Minimum 5% of securities classified as held for :
Ans. Trading and Available for Sale.
• Smallest part of computer memory is :
Ans. Bit .
• A branch is considered as rural branch if it is located as a place with population below :
Ans. 10,000. (RBI definition), however for PMEGP it is 20000
• Converting physical shares to electronic from is called :
Ans. Dematerialization
• Official Language Committee Meeting :
Ans. Once in a quarter
• Minimum age of minor for self operated account :
Ans. 10 years
• Vyas committee recommendations relates to :
Ans. Agriculture credit
• Committee which recommended about Universal Banking :
Ans. R.H. Khan
• Nathu La Pass opened up for trade between China & India is in which State -,- :
Ans. Sikklm
• The Uniform Custom & Practices for Documentary Credits (UCP 600) has _ as the total number of Articles :
Ans. 39
• Agency commission rat~ for governments business receipts is at the rate of_ per transaction :
Ans. Rs. 45
• Which sector has become the world's biggest source of employment :
Ans. Services
• 'Which States has become the first State in India to launch evening Courts :
Ans. Gujarat
• The country which is known as 'Land of Co-operative' is :
Ans. Denmark
• The time period of settlement in case of RTGS is : Ans. "Two Hour
• Which state has got the maximum agricultural credit from the nationalized banks :
Ans. Andhra Pradesh
• As per the latest WTO report, the biggest importer country in the world during 2005 is :
Ans. USA
• Foreign Banks in India and Indian banks having presence outside India are to comply with Basel II norms w.e.f. :
Ans. 31st March, 2008
• In the total food grain output of India, what is the share of Kharif Crops :
Ans. 50%
• The Grameen Bank Model of micro-finance institution was developed originally by :
Ans. Bangladesh
• Interest on Cash Reserve Ratio eligible balance is paid by RBI on __ basis :
Ans. No interest is paid
• Banks are required to maintain minimum of __ of theirCRR requirement on a daily basis :
Ans. 70%
• Stamp duty payable on a Promissory Note is governed by :
Ans. Indian Stamps Act
• Banks can raise up to __ of the total Tier-I capital in the form of perpetual dell :
Ans. 15%
• The rate of commission paid by government for pension payment is :
Ans. . Rs. 60 per transaction
• 'Customer' has been defined in :
Ans. KYC Guidelines
• What is the cut-off point for reforming fraud cases to CBI :
Ans. Rs. 1 crore
• RTGS will minimize __ risk :
Ans. Settlement risk
• What are the Indian Depository Receipts :
Ans. Financial Instruments that allow foreign companies to mobilize funds from Indian markets
• Which act gives legal guarantee of 100 days employment in rural areas to 1 person in every household :
Ans. National Rural Employment Guarantee Act
• Service tax has to be remitted to the Govt. A/c by :
Ans. 5th of the succeeding month
• The risk of loss resulting from inadequate or failed intemal processes, people and systems or from external events is :
Ans. Operational risk
• Which committee had recommended formation of Banking Standards and Codes Board to prescribe guidelines in the banking sector for improving customer service :
Ans. S.S. Tarapore Committee
• Which state stands first in promoting SHG movement :
Ans. Andhra Pradesh
• ICRA, the rating company has become an associate of :
Ans. Moody's Investor Service
• Under what provisions Lok Adalats are set up :
Ans. Legal Services Authority Act, 1987
• What is MCA-21 :
Ans. It is the e-governance project of Ministry of Corporate affairs
• The new name of UTI Bank is :
Ans. Axis Bank
• BPO & KPO stand for :
Ans. Business Process Outsourcing & Knowledge Process Outsourcing
• International Bank for Devl. & Reconstruction is also known as :
Ans. World Bank
• WWW refers to :
Ans. World Wide Web
• The book 'A View from the Outside- Why good Economics works for every one' is written by :
Ans. P.Chidambaram
• Ministry of Labour has banned children less than 14 yrs from working as domestic help :
Ans. With effect from 10th October 2006.
• . ICRA,CRISIL,CARE,FITCH India are names of :
Ans. RBI approved rating agencies In India
• A Common Goods & Services tax is expected to be implemented from :
Ans. April 2010
• 'Pure Banking, Nothing Else' is the signing off statement of _ :
Ans. State Bank of India
• Finnacle, the popular Banking software is a product of :
Ans. INFOSYS
• 'Metropolitan' group includes all banked centres with population of and above :
Ans. 10,00,000
• RBI has allowed NBFCs registered with RBI to issue co-branded credit cards with banks, without risk sharing, with prior RBI approval, for an initial period of :
Ans. Two Years
• Under population group of banked centres, 'Semi urban' group includes all banked centres with population of 10,000 and above but less than :
Ans. 1,00,000
• 'Urban' group is that which has a population above 1,00,000 but below :
Ans. 10,00,000
• Which sector has become the world's biggest source of employment :
Ans. Services
• Which is the largest country in the world in terms of land area :
Ans. Russia
• Which State has become the first State in India to launch evening courts :
Ans. Gujarat
• The country which is known as 'Land of Co-operative' is :
Ans. Denmark
• Right to Education to all children between the age of 6to 14 years is :
Ans. A fundamental right
• The time period of settlement in case of RTGS is :
Ans. Two Hour
• Which state has got the maximum agricultural credit from the nationalized banks :
Ans. Andhra Pradesh
• Which state is at the top in agricultural production in India :
Ans. Punjab
• In the total food grain output of India, what is the share of Kharif Crops :
Ans. 50%
• Who is the chairperson of the National Commission on Farmers Dr. M.S.Swaminathan
• What is India's share in world's total exports of milk dairy products :
Ans. 0.5%
• A bank's aggregate Capital market exposure shall not exceed __ % of the net worth of the bank on a solo and consolidated basis :
Ans. 40%
• Service tax recovered by the Bank in a month has to be remitted to the Govt. A/c by :
Ans. 5th of the succeeding month
• Two currencies which have been include by RBI in the basket of currencies to which rupee is linked :
Ans. Yuan & Hong Kong dollar
• What is the maximum limit permitted for investment by FDls in the equity capital of ARCs :
Ans. 49%
• ICRA, the rating company has become an associate of :
Ans. Moody's Investor Service
• No passport need be presented to money changers for encashment of dollars up to :
Ans. USD500
• Who is the industry leader in mortgage loan :
Ans. HDFC
• What is the ceiling for issue of Innovative perpetual debt instrument by banks :
Ans. It should not exceed 15% of total Tier•1 capital of the bank
• Who is the Chairman of the Committee to recommend the frame work for fuller Capital Account Convertibility :
Ans. S.S. Tarapore, former Deputy Governor,
• RBI Interest subsidy on farm credit has to be claimed by banks :
Ans. on quarterly basis
• Risk weight for investment in RIDF by banks to meet shortfall in agricultural sector is :
Ans. 100% .
• Which are the three pillars under Basel II norms :
Ans. (a) Regulatory requirement of capital, b) Supervisory review, c) Market discipline
• Banks have kept Investment Fluctuation Reserves to manage :
Ans. Interest rate risk
• Indian bank that has been named in the top 500 list of Fortune Global 500 companies :
Ans. State Bank of India
• Opening of branches by Banks is covered under _ of the Banking Regulation Act,1949 :
Ans. Section 23
• Banks have to file with Income Tax Department returns on a __ basis in respect of Interest paid to resident depositors not exceeding Rs. 10,000:
Ans. Quarterly
• RBI's permission to open a bank branch is valid for _ from the date of the consolidated authorization letter issued by it :
Ans. one year
• Which of the following is related to 'Yellow Revolution' :
Ans. Oilseeds Production
• Annual growth rate of national income was recorded lowest during :
Ans. Third Plan
• According to the Sarva Shiksha Abhiyan, India's every child would be able to go to school by :
Ans. 2015
• Banks prefer going. to Lok Adalat because :
Ans. No court fees,' no appeal and compromise decree.
• NICL is abbreviation of :
Ans. National Insurance Company Ltd.
• Who decides the quantum of agricultural finance :
Ans. District Technical Committee.
• The term Insider Trading refers to :
Ans. Sale and Purchase of shares based on classified information available to those connected with company.
• What is meant by Pari-Passu charge :
Ans. Pro-rata in the ratio of outstanding within the consortium approved limits.
• Which financial institutions converted into a Bank on 01.10.04 :
Ans. lDBI Ltd.
• Fire wall is used for :
Ans. Hardware/software to protect the IT system/website from unauthorized access.
• The foreign bank which has its own currency chest in India :
Ans. Standard Chartered
• What is Internet :
Ans. Network of Networks
• Expand INFINET :
Ans. Indian financial Network
• Deferred payment guarantee is a :
Ans. financial guarantee
• Net Block means :
Ans. Fixed Assets minus depreciation
• The declared objective of the 11 th Plan is :
Ans. Faster and More InclusiveGrowth
• Committee on Financial Inclusion for RRBs __ :
Ans. Dr. C Rangarajan.
• SARFAESI Act has been extended to loans advanced by :
Ans. RRBs.
bank exam
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Reviewed by pavan nadagundla
on
May 28, 2012
Rating: