WorksheetsTEST SERIES - 55 (II)
Total questions: 50
Worksheet time: 25mins
Open Market Operations of Reserve Bank of India refer to
Trading in securities
Auctioning of Foreign Exchange
Transaction in Gold
None of the above
Which one of the following statements is correct regarding increase in the Cash Reserve Ratio (CRR) in India?
It increases credit creation
It reduces credit creation
It does not affect credit
It denotes liberal monetary policy
A customer wishes to purchase some US dollars in India. He/she should go to
Public Debt Division of the RBI only
American Express Bank only
RBI or any branch of a bank which is authorized for such business
Ministry of Foreign Affairs
Open market operations of RBI refer to buying and selling of
Commercial bills
Foreign exchange
Gold
Government bonds
The Bank Rate is the rate interest at which the Reserve Bank of India provides loans to the
Scheduled Commercial Banks
Public Sector
Corporate Sector
Foreign Institutional Investors
Who central the activities of indigenous bankers?
Lead Bank
Regional Rural Bank
Reserve Bank of India
None of the above
Which among the following sectors contributes most to the saving in India?
Banking and financial sector
Private corporate sector
Export sector
Household sector
Which bank in India performs duties of Central Bank?
Central Bank of India
State Bank of India
Both (a) and (b)
Reserve Bank of India
Which of the following is India’s largest public sector Commercial Bank at present?
IDBI Bank
ICICI Bank
AXIS Bank
SBI
Which bank was earlier called the ‘Imperial Bank of India’?
RBI
SBI
UBI
PNB
Which of the following banks is a nationalised bank?
ICICI Bank
Yes Bank
Saraswat Co-operative Bank
Reserve Bank of India
Green Banking means
Development of forestry by banks
Financing of environmental friendly projects by banks
Financing of irrigation projects by banks
None of the above
Which of the following organisations/ banks has done a commendable work in the field of micro-finance was awarded Nobel Prize also in the past?
Grameen Bank of Bangladesh
CRY
ASHA
NABARD
The EXIM Bank of India was established in
1964
1976
1980
1982
Which of the following is not the part of the scheduled banking structure in India?
Money lenders
Public Sector Banks
Private Sector Banks
Regional Rural Banks
The interest rate at which the Reserve Bank of India lends to commercial banks in the short term to maintain liquidity is known as
Interest Rate
Repo Rate
Bank Rate
Reverse Repo Rate
Which of the following is not a foreign bank operating in India?
ABN AmroABN Amro
NSBC
Standard Charted Bank
Yes Bank
It is said that ‘good banker is one who knows the distinction between Mortgage and a’
Hundi
Bill of Exchange
Liquid Assets
Bond
Credit Rationing in India is done by
RBI
SBI
UTI
LIC
Which of the followings is an easy way to providing credit to the farmer community?
Kisan Credit Card
Indira Vikas Patra
National Saving Certificates
Loan against gold
Which of the following is not a bank or finance company?
Barclays
BNP Paribas
HSBE
Lufthansa
Which of the following is considered an informal method of getting credit/ finance?
Internet Banking
Branch Visits
Telebanking
Going to Money lenders
Which of the following is not a banking related system?
Portfolio Management
Overdraft
Treasury Operation
Proclamation
Which bank became the first bank to open its branch in China?
IDBI Bank
HDFC Bank
State Bank of India
Punjab National Bank
Quantitative credit controls do not include
open market operations
back rate
cash reserve ration
RBI directives
Which of the following terms indicates a mechanism used by commercial banks for providing credit to the government?
Cash Credit Ratio
Debt Service Obligation
Liquidity Adjustment Facility
Statutory Liquidity Ratio
Which of the following is not a banking related or financial term?
Credit worthiness
Margin Money
Payment gateway
Polymerisation
Reserve Bank of India was nationalised in
1947
1948
1949
1951
In which year was the Reserve Bank of India established?
1935
1940
1947
1949
What are ‘Open Market Operations’?
Activities of SEBI-registered brokers
Selling of currency by the RBI
Selling of gilt-edged securities by the Government
Sale of shares by FIIs
When was the NABARD formed?
1952
1962
1982
1992
Which among the following is an asset for a Commercial Bank?
Credit to farmers
Deposit of public
Borrowing from RBI
Demand deposits of Industries
Various banks in the country have installed machines which disburse money to general public. The machines are called
Coin Dispensing Machines
ATMs
Debit Card Machines
Ledger-Machines
Which amongst the following organisations make major credit policies for the Regional Rural Banks (RRBs)?
NABARD
Asian Development Bank
World Bank
State Bank of India
Before opening a new branch of a bank, banks are required to take mandatory permission/license from
Reserve Bank of India
Indian Bank Association
Securities and Exchange Board of India
State Government
Government of India, for the first time nationalised 14 large Commercial Banks in the year
1956
1959
1969
1971
Which of the following policies/ agreements/ accords is closely associated with the reform in Banking Industry?
Doha Accord
Basel Accord
Look East Policy
Geneva Framework
Which of the following organisations has the privilege of issuing Bank Notes (Currency) in India?
State Bank of India
Reserve Bank of India
All Nationalised Banks
New Note Printing Press in India
India has different categories of commercial banks which of the following is not one such category?
Nationalised Banks
Co-operative Banks
Private Banks
Commodity Banks
Which of following States achieved 100% financial inclusion? (Each and every family in the State has atleast one bank account.)
Delhi
Maharashtra
Kerala
Karnataka
India’s largest Commercial Bank is
Central Bank of India
State Bank of India
Indian Overseas Bank
Bank of India
‘Interest is the reward for abstinence’. Who says this?
Keynes
Marshall
Malthus
David Ricardo
If you visit the bank of a bank you will normally not see a department/ section/ counter names as
cash
credit
customer care
housekeeping
Rate of interest is determined by
The rate of return on the capital invested
Central Government
Liquidity Preference
Commercial Banks
Which one of the following is not a quantitative credit control technique?
Bank Rate
Cash Reserve Ratio (CRR)
Statutory Liquidity Ratio (SLR)
Increase of interest rate on saving deposit
The Narasimham Committee (1991) on financial reforms proposed for establishment of a
Four tier hierarchy of the Banking structure
Three tier hierarchy of the Banking structure
Two tier hierarchy of the Banking structure
United control by the apex institutions
Which of the following is not the function of Reserve Bank of India?
Provide Credit facility to the general public
Keep Government money in various account heads
Keep Foreign Exchange Reserve of the country in safe custody
Frame Monetary and Credit Policy
The head office of the State Bank of India (SBI) is located in
Kolkata
New Delhi
Pune
Mumbai
Which from the following is not true when the interest rate in the economy goes up?
Saving increases
Lending decreases
Cost of production increases
Return on capital increases
Many a time we hear about NPA in banking terminology.What is the full form of NPA?
Non-Performing Assets
Negotiable and Preferential Asset
New Performing Avenues
Net Performing Average
