Q1)-Who was the First Indian to be appointed as the Governor of Reserve bank of India ?
Q2)-Which among the following terms not used in Banking?
Q3)-Which of the following banks is not in Private Sector?
Q4)-RBI’s open market operation transactions are carried out with a view to regulate
Q5)-What is Call Money ?
Q6)-What does FDI refer to ?
Q7)-Which among the following is not the Negotiable instrument?
Q8)-What is a Repo Rate?
Q9)-The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form
Q10)-Lot of Banks in India these days are offering M-Banking Facility to their customers. What is the full form of ‘M’ in ‘M-Banking’ ?
Sir C. D. Deshmukh
Sir Senegal Rama Rau
M. Narasimham
Dr. C. Rangarajan
Ans.- A
Q2)-Which among the following terms not used in Banking?
Pay Order
Garnishee
Emission
Lien
Ans.- C
Q3)-Which of the following banks is not in Private Sector?
Axis Bank
ICICI Bank
Repco Bank
HDFC Bank
Ans.- C
Q4)-RBI’s open market operation transactions are carried out with a view to regulate
Liquidity in the economy
Prices of essential commodities
Inflation
All of above
Ans.- D
Q5)-What is Call Money ?
Money borrowed or lent for a day or over night
Money borrowed for more than one day but upto 3 days
Money borrowed for more than one day but upto 7 days
Money borrowed for more than one day but upto 14 days
Ans.- A
Q6)-What does FDI refer to ?
Fixed Deposit Interest
Fixed Deposit Investment
Foreign Direct Investment
Future Derivative Investment
Ans.- C
Q7)-Which among the following is not the Negotiable instrument?
Cheque
Demand Draft
Cash Deposit form
Bill of Exchange
Ans.- C
Q8)-What is a Repo Rate?
It is a rate at which RBI sell government securities to banks
It is a rate at which banks borrow rupees from RBI
It is a rate at which RBI allows small loans in the market
It is a rate which is offered by Banks to their most valued customers or prime customers
Ans.- B
Q9)-The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form
Reserve Bank of India
Imperial Bank of India
Bank of India
None of these
Ans.- B
Q10)-Lot of Banks in India these days are offering M-Banking Facility to their customers. What is the full form of ‘M’ in ‘M-Banking’ ?
Money
Marginal
Message
Mobile Phone
Ans.- D
