WorksheetsBanking
Total questions: 55
Worksheet time: 31mins
1).A bank which accepts deposits makes business loans, and offers related services is called as_________.
a)Development Bank
b)Commercial Bank
c)Central Bank
d)Investment Bank
A
B
C
D
2).What is the name of the banks which acts as a banker of all other banks?
a)Development Bank
b)Saving Bank
c)Central Bank
d)World Bank
A
B
C
D
3).In which of the following type of bank account, a depositor can deposit his funds any number of times he likes and can also withdraw the same any number of times he wishes?
a)Demat Account
b)Recurring Account
c)Saving Account
d)Current Account
A
B
C
D
4).In which type of account a specified amount is deposited every month for a specific period,say, 12, 24, 36 or 60 months?
a)Recurring Account
b)Demat Account
c)Current Account
d)Fixed Deposit Account
A
B
C
D
5)An inter-bank funds transfer system, where funds are transferred as and when the transactions are triggered, is called_________.
a)Mobile Banking
b)Bill Payment Service
c)Internet Banking
d)Real Time Gross Settlement (RTGS)
A
B
C
D
6)Among the following which is the primary functions of the banks?
a)Acting as trustees and executors of the property of their customers on their advice.
b)Accepting deposits
c)Collecting and payment of cheques, rent, interest, etc on behalf of their customers.
d)Buying, selling and keeping in safe custody, the securities on behalf of their customers.
A
B
C
D
7).What is the name of the terminal that used to swipe the credit or debit cards during payment
of a service at a merchant’s store?
a)Shopping Terminal
b)Real Time Terminal
c)Point of Sale Terminal
d)None of these
A
B
C
D
8).What is tagline of Bank of Baroda?
a)India’s Multinational Bank
b)World’s Local Bank
c)International Bank of India
d)India’s International Bank
A
B
C
D
9).Among the following which is not the part of the Scheduled Banking Structure in India?
a)Public Sector Banks
b)Money Lenders
c)Regional Rural Banks
d)Private Sector Banks
A
B
C
D
10).BCSBI stands for________.
a)Banking Codes and Standards Board of India
b)Banking Credit and Standards Board of India
c)Banking Credit and Service Board of India
d)Banking Codes and Service Board of India
A
B
C
D
11).The Commercial Banking System in India consists of ___________.
a)Regional Rural Banks and Cooperative Banks
b)Scheduled and Non- Scheduled Banks
c)Nationalized Banks and Private Sector Banks
d)None of these
A
B
C
D
12).EBT stands for_________.
a)Electronic Behind Treatment
b)Electronic Belated Transfer
c)Electronic Benefit Transfer
d)Electronic Begin Transaction
A
B
C
D
13).Telebanking service is based on_________.
a)Virtual Banking
b)Online Banking
c)Core Banking
d)Voice Banking
A
B
C
D
14).Among the following which is NOT a public sector Bank?
a)HDFC
b)Bank of Baroda
c)Indian Overseas Bank
d)State Bank of Mysore
A
B
C
D
15).Systematic Investment Plans are a customer centric facility provided by which of the following?
a)Private Banks
b)Commercial Banks
c)Stock Brokers
d)Mutual Funds
A
B
C
D
GDP stands for Gross Domestic Product. What does it show? Pick up the correct statement given below
It shows how big is the economy of a country in a given year in terms of its total output.
It shows what the total product of a country in a given year without counting the country’s total resources.
It shows the number of people involved in production in a particular year.
It shows the total value of trade trans-actions of a country in a particular year.
Identify the natural product from the list of items given below:
Textile
Wheat flour
Cotton
Tomtao sauce
Which of the following examples does not fall under unorganized sector?
A farmer irrigating his field.
A daily wage labourer working for a contractor.
A doctor in a hospital treating a patient.
A handloom weaver working on a loom in her house.
NREGA (National Rural Employment Guarantee Act of 2005) has guaranteed ………. days of employment in a year in many districts of India. What are the correct number of days?
200
100
300
150
Choose one correct statement from the following:
Underemployment occurs —
when people are not willing to work.
when people are working slowly.
when people are working less than what they are capable of doing.
when people are not paid for their jobs
Which sector has emerged as the largest producing sector in India? Select one from the following alternatives:
Secondary sector
Tertiary sector
Primary sector
Science and Technology sector
Where will you find the disguised unemployment most? Select the correct option from those given below:
(a) Among agricultural workers working for small farm lands
(b) Among part-time industrial workers
(c) In most of the government offices
(d) In big private companies
How do big private companies contribute to the development of a nation?
(a) By increasing the demands for their products through advertisements.
(b) By increasing their profits.
(c) By increasing productivity of the country in the manufacturing of industrial goods.
(d) By providing private hospital facilities for the rich.
Communication and banking come under ……….. sector.
Tertiary
Primary
government
unsecure
Cotton cultivation falls under ……….. sector.
Service sector
Tertiary
Primary
Government
RBI stands for__________
regulatory bank of India
Reserve bank of India
The central bank of the country__________
Can influence deposit creation only now
Can influence deposit creation
Cannot influence deposit creation
None of these
Who mints the coins in India?
Ministry of Finance
Reserve Bank of India
Prime Minister's Office
Commerce and Industry Ministry
the objective of central bank is to _______
ensure monetary stability in the country
maintain the international value of the country's currency
issue currency
all of these
The RBI issues all currency notes except_____
₹ 500 notes
₹100 notes
₹10 notes
₹ 1 note
which bank controls the banking and monetary structure of India?
RBI
SBI
World bank
axis bank
who signs the one rupee note in India?
Commercial bank
finance secretary
Industrial bank
Central bank
In which year the Reserve Bank of the India was established?
1953
1935
1947
1945
Which bank enjoys monopoly power of Note issue?
NABARD
Commercial Bank
Central Bank
None of these
When was R.B.I. nationalized?
1914
1929
1935
1949
Which statement is not true regarding RBI ?
It was established in 1935.
It can issue currency notes.
Personal account can be opened in RBI.
It is also known as the Banker's Bank.
It is the Central Bank of India.
who is the present governor of RBI?
Urjit Patel
Nirmala Sitharaman
Shaktikanta Aas
Raghuram Rajan
Which banks do not accept deposits?
Commercial banks
Investment banks
Retail banks
None of the above
Which type of account offers the highest returns?
A savings account
Basic account
A money market account
All of the above
Retail banking means
Wholesale banking
Banking for individuals
Banking for corporates
Retail Outlets
What is the central bank in the United States called?
Federal Reserve
Federal Reserve board
Reserve bank of America
Bank of America
The imperial bank of India, after its nationalisation came to be known as?
(a)
Which is the first bank to introduce ATM in India?
(a)
At which city is the Head office of Reserve bank of India located?
(a)
Which bank has launched a MSME mentoring programme in West Bengal?
(a)
In which year was the Reserve Bank of India established?
(a)
Since 1983, the RBI's responsibility with respect to Regional Rural Banks was transferred to?
(a)
The Indian banking system consists of how many public sector, private sector and foreign banks?
(a)
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