BANKING AWARENESS1.Maximum punishment for melting or destruction of coins would be increased from

5 years to ……………..years of imprisonment?1. 42.9

3.74.105.16

2.The central government reduced its stake in State Bank of India from 55 percent to………..percent ?

1. 492.403.154.255.51

3. ………….authorizes the credit limit to the National Co-operative MarketingFederation?

1. NABARD 2. RBI 3. SEBI 4. SBI 5. None

4.. Increase in deposit rate results …………?1. lower savings2. lower investments3. increase bank branches4. increase savings5. None

5. Increase in deposit rate results ……….?1. decrease the credit growth2. increase the Agriculture default payments3 decrease the customer base4. increase the credit growth5. all of above

6.Raise in inflation rate leads to decline in ……………?1. interest rate2. raise in the deposits in the banks3. decrease the real interest rate4. raise the credit growth by banks5. None

7.Difference between interest earned and interest paid is called……..?1. Gross Interest Income2. Paid Interest Income3. Free Interest Income

4. Net Interest Income5. All of above

8.Express Remit is the brand name remittance facility of …………..?1. SBH2. Allahabad Bank3. Repco Bank4. UBI5. SBI

9.Rs. 1000 can be withdrawn from the Point of Sales Terminals ( POS) as per the order of RBI.Which is the first bank to introduce this facility?

1. SBI2. SBH3. UBI4. ICICI5. HDFC

10.Free Collateral loan up to Rs. …lakh provided to SME?1. 52.103.94.56.15

11.………………………is the largest stake holder in the National securities depository Limited?1. SBI2. Coporation Bank3. Syndicate Bank4.IDBI5. ICICI

12. Recently RBI advised the banks to reduce the Net Interest Margin comedown to see thedouble digit growth. What is meant by it……….

1. Banks accept the deposits at high rate of interest and lend at higher rate of interest2. Banks accept the deposits at high rate of interest and lend at no rate of interest3. Banks accept the deposits at high rate of interest and lend at lower rate than the

present rates4. Banks accept the deposits at lower rate of interest and lend at higher rate5. None

13.C Rangarajan said which one as the ‘flawed business model’ ?1. Banks2. Companies3. Micro Finance Companies4. Schools

5. Private Banks

14.Interest Corridor includes ……..?1. Base rate and savings rate2. Bank rate and Reverse Repo rate3. Base rate and Repo rate4. Repo rate and Reverse Repo rate5. None

15.Asset-Liability mismatch usually happened in…………?1. Home Loan and Infrastructure Project Financing2. Education loan and personal loan3. Personal loan and marriage loan4. Travel loan and marriage loan5.None

16.When Reserve bank of India Act was passed?1. 19352.19543.19344.19715.1919

17. When Reserve bank of India was founded?1. 1 Apr 19342. 1 Jan 19353. 1 Apr 19354. 1 June 19355. None

18.On which date of January 1949, the Reserve Bank of India was Nationalized?1. 212.313.54.155.1

19. How many regional offices are there for RBI?1. 52.63.44. 75.9

20.On 26 March 2011, RBI said it wants to set up its first Sub-office in……….. to increase theoutreach of the banks in that region?

1. Meghalaya2. Manipur3. Assam4. Arunachal Pradesh5. Tripura

21.The chief function of Reserve Bank of India includes…………?1. Minting Currency2. framing the monetary and credit policy3. With the help of Circulation of money, maintaining price stability4. Foreign Exchange matters5. All of above

22.The different names of Reserve Bank of India are………….?1. Central bank2. Banker’s bank3. Lender of the last resort4. Apex bank5. All of the above

23.The government of India has the mint at……….1. Noida2. Kolkata3. Mumbai4. Hyderebad5. All of the above places

24.………… puts signature on one rupee paper currency?1. Finance Secretary2. RBI governor3. President of India4. prime minister5. Finance minister

25. RBI has six training colleges. Pick up correctly matched one?a) College of Agricultural Bank-Puneb) National Institute of Bank Management-Punec) Bankers Training College-Mumbaid) Indira Gandhi Institute for Development Research-Mumbaie) Reserve Bank of India Staff College- Chennaif) institute for Development and Research in Banking Technology-Hyderabadg) Note Counting and Quality Research Center-New Delhi

1. a b c d f g 2. a c d e f g 3. a b c d e f 4. a b c d e g 5. a b d f g

26.How many banks were allowed to import gold and silver as per the orderof RBI recently?

1. 8 2.6 3.7 4.11 5.10

27.In India how many banks were allowed to import the gold and silver?1. 11 2.60 3.45 4.30 5.20

28.In India the lowest denomination of currency is Rs. ?1. two 2. five 3. ten 4. one 5. 50 paise

29.In India the highest denomination of currency is………..?1. 100 2.500 3.50 4.1000 5.10000

30.The highest circulation of paper currency is…………?1. 2 2.100 3.1 4.1000 5.10

31.The highest number of fake currency in India is …………?1. 5 2.100 3.1000 4.10 5.500

32.All paper currency in India must have the symbol of …………….as per the order of Centralgovernment from the year 2000?1. Gandhi 2. Nehru 3. Bharath Matha 4. Lion 5. Tiger

33.Indian paper currency minted in Mysore and also in ……….?1. Kolkatta 2. Chennai 3. Bengaluru 4.Nasik 5. Delhi

34.Paper currecncy minted with Ink OVI. OVI means Optical Variable Ink. It is imported from1. Switzerland 2. France 3. America 4. Russia 5. Belgium

35. Which industry manufactures white paper to supply to Indian Security Press?1. Gurgoan ( Haryana) 2. Golkonda (Andhra Pradesh) 3. Houshangabad ( Madhya Pradesh)4. Ladakh ( Jammu) 5. None

36.In 2010-2011,which country exported the huge quantity of white paper to India?1. USA 2. Japan 3. Russia 4. Dubai 5. Australia

37.Who mints the Indian coins?1. RBI 2. CBI 3. Government of India 4. State Bank of India 5. IDBI

38.Recently Rs. 150 coin minted in the memory of Rabindranath Tagore. The samedenomination also minted in the memory of the completion of department of ……….?1. Excise tax 2. Sales Tax 3. Income Tax 4. Finance 5. None

39.New series of Rs. 10 Gandhi Series will have…………..letter and other features are thesame, as per the order of the RBI on 19 Jan 2010?1. Y 2. L 3. P 4. N 5. K

40.By 31 March 2010, how many villages were covered with banking serives?1. 81000 2.31000 3.91000 4.15000 5.20000

41.Usha Thorat Committee suggested how many villages will have banking services by the endof 2012?1.75000 2.100000 3.60000 4.50000 5.90000

42.On 28 Feb 2011, as per the union budget, how many villages will be provided with bankingservices by 2012?1. 84000 2.10000 3.68000 4.41000 5.73000

43.As per the statement of RBI’s Deputy Governor K. C. Chakrabarty, at least all villages willhave mobile banks by……………?

1. 2015 2.2020 3.2014 4.2016 5.2025

44.Which among the following is not the part of banking service?1. Branch2. On line banking3. bank hoarding4. Appointment of business correspondent

5. ATM service

45.‘Bank Saathi’ means…………?1. nearest bank2. Business correspondent scheme3. Nearest ATM4. Account for friend5. Scheme for wife and husband

46.Business Correspondent appointed to represent the bank in rural area. Who is not eligible toact as business correspondent?

1. House Wife2. Bank employee3.private employee4. the resident of village5. None

47.Financial inclusion means……….?1. providing banking services in rural areas with affordable cost2. providing corporate accounts in industrial area3. giving many joint accounts to save the money of banks4. not to allow the banks to villages having already branch of another bank there5. all of above

48.On 11 February 2011,Hamara Khaata Hamara Swabhimaan(Our Account Our Pride) schemeannounced. Who declared this one?

1. Indian Banks Association and SBI2. RBI and IBA3. SBI and IDBI

4. Ministry of Finace and World Bank5. Indian Banks Association and Ministry of Finace

49.The lowest lending in the area of ……………….?1. Central Part of India2. Northern Part of India3. Southern Part of India4. Western Part of India5. North Eastern Part of India

50.To raise the funds in European Union GDR used. GDR means…..?1. Global Digital Receipts2. Global Dual Receipts3. Global Digital Rom4. Global Done Receipts5. Global Depositary Receipts

51. Which bank in India usually acts as a coordinator in the operations of rural creditinstitutions?

1. RBI2. SIDBI3. NABARD4. RRB5. SCB

52. Who is called leader in refinance to lending institutions in rural areas?1. ICICI2. REPCO3. NABARD4. SKS5. SFC

53.With whom NABARD got MOU to prepare a road map for it’s financial boost up itsbusiness?

1. System Group2. Perefect Solutions3. Boston Consulting Group4. DATA CRAFT5. None

54.Non-Performing Assets do not include…………..?a) Interest and /or installment of principal remain overdue for a period of more than 90

days in respect of a term loanb) the account remaining ‘out of order’ for a period of more than 90 days in respect of an

overdraft/cash creditc) the bill remains overdue for a period of more than 90 days in the case of bills purchased

and discountedd) the customer does not do any transaction in the last 90 days in savings bank accounte) the cheque does not honor within 180 days1. a b 2. a d 3. c d 4. d e 5. c e

55.RBI increases the cash limit for foreign travel to……from $ 2000 without its approval?1. $40002. $75003. $30004. $100005. $600

56.RBI asked all banks not to honour cheques with overwriting from…?1. 1 September 20102. 1 February 20113. 1 December 20104. 1 March 20115. 1 April 2011

57.RBI sold out its …………………..% share in national housing index for RS. 450 crore toUnion Government

1. 75 2.62 3.100 4.25 5.90

58. How much worth of bank notes is in the circulation in India as per the data released by RBI?1. 5,22,814 cr 2. 18,22.366 cr 3. 7,88,299 crore 4. 2,25,145 cr 5. none

59. The business men and corporate sector eager to know India’s Reference Rate for the USdollar as released by RBI. RBI releases this data on…………..basis

1. Bi-monthly 2. Weekly 3. monthly 4. Half-yearly 5.Daily

60. Deposit Insurance and Credit Guarantee Corporation (DICGC) insures the deposits of thebank customers up to 1 lakh. DICGC is the wholly owned subsidiary of …?

1. SBI 2. NABARD 3. Union Government 4. RBI 5. IDBI

61.Monetary Policy of RBI does not include……………?1.Control the supply of Money2. Fixation of rate of interest ( least in some categories)3. Reduction of taxes4.Fixation of Repo rate and Reverse Repo rate5.Fixation of Cash

62.RBI has constituted an Expert Committee under the chairman ship of ……………….studyingthe advisability of granting new urban co-operative banking licenses?

1. C.Ranga Rajan2. 2. Deepak Mohanty

3. Y. H Malegam4. Usha Thorat5. Subhir Gokarn

63. On the eve of 125th birth anniversary of the country's first president Rajendra Prasad and150th birth anniversary of Nobel laureate Rabindrnath Tagore, RBI issues Rs…………..coinas per the statement given on 14 Oct 2010?1. one 2. two 3. ten 4. twenty 5. five

64.The Reserve Bank of India has constituted a Working Group to review the current operatingprocedure of monetary policy of the RBI, including the liquidity adjustment facility under theheadship of…………………………….on 13 Sep 2010

1. Syamala Gopinath2. Kaushik Basu3. Pranab Mukarjee4. Vijay C.Kelkar5. Deepak Mohanty

65.RBI in one statement said that the Rupee is over-hauled, it means?1. Rupee weakened where as the other currencies are becoming stronger2. Dollar weakened against Rupee in the morning but in evening it lost to Rupee3. Rupee appreciates against other currencies; where as other currencies are weakening4. All currencies are stronger than Rupee, except the Dollar as it is universal currency5. Rupee becoming stronger in that week against the all currencies

66.RBI does some Open Market Operations. Open Market Operations mean……….?1.RBI enters in the Banking sector and offers the direct service to customers. It can give

current account to customers and participate in the mutual fund markets2. RBI participates in the selling and buying of shares in stock exchange.3. It buys and sells the government securities in the open market . By buying it swells the

liquidity by selling it sucks the load of liquidity.4. RBI and banks buy and sell shares in the open market for profit during the first session of

stock exchange business.5. All of above

67.To study the issues and concerns of the Microfinance sector, RBI appointed a committeeheaded by………………………………..?

1. C.Ranga Rajan2. Usha Thorat

3. K.C.Chakravarthy4. Shyamala Gopinath5. Y. H. Malegam

68. Who heads the sub-committee of Financial Stability and Development Council (FSDC), thechief regulator to regulate the regulators?

1. Finance minister

2. SEBI Chairman3. RBI Governor4. IRDA Chairman5. PFRDA Chairman

69.Which famous French Bank applied to get Reserve Bank of India's permission to start anon-banking finance company (NBFC) in India?

1. ING2. IAG3. BNP Paribas4. Lombard5. Prudential

70.An Indian company, which is otherwise eligible for ECB (External Commercial Borrowing )can borrow up to which of the following amounts a year without prior RBI approval?

1. $ 500 Million 2. $ 300 million 3. $ 400 Million 4.$ 450 Million 5.$ 600 Million

71.In which bank Bank of Rajasthan was merged?1. SBI 2. Syndicate Bank 3. HDFC 4. ICICI 5. Bank of Punjab

72. BOR and ICICI agreed to amalgamate with ……………a swap ratio1. 15:100 2. 25:118 3. 118:25 4. 25:75 5. 15:85

73.RBI said all………..should open no frills accounts for Minority communities for availingvarious scholarships?1. Co-Operative Banks 2. Regional rural banks3. Scheduled Commercial Banks 4. Local Area banks 5. NABARD

74.RBI issue Rs…………….and Rs……………..coins to commemorate the Common WealthGames 2010 held at New Delhi?

1.One and Two 2.Five and Hundred3.Two and Five 4.Five and Twenty 5.Hundred and Five

Hundred

75.Since 2003, Which of the following key rate had not been altered by RBI?1. Reverse Repo Rate 2. Repo Rate 3. Cash Reserve

Ratio4. Bank Rate 5. Statutory liquidity Ratio

76. As per RBI data currently, credit to the MSME sector accounts for about …. per cent of thetotal banking credit in the country?

1. 14-15 2. 20-21 3.30-35 4. 25-26 5.50-5

77.SBI christened SBI PSU FUND and raised ……….?1. 500 cr 2. 1500 cr 3. 2000 cr 4. 1000 cr 5. 3000 cr

78.More than 1,000 kg Gold to be deposited with ………by Tirumal Tirupathi Devastanams at1.6 % P.A?

1. State Bank of Hyderabad2. Tirumala Bank3. State Bank of India4. Indian Bank

5. ICICI

79. State Bank of India became first bank to setup wind mills for captive use to adhere Greenbanking. These wind mills are established first in………….?

1. Andhra Pradesh2. Haryana3.Karnataka4.Tamilnadu5. Goa

80.SBI funds is the joint venture between SBI and………………?1. Prudential ( U.S.A )2. BNP Paribas ( France )3. Allianz ( )4. Societe Generale Asset Management ( France )5. IAG ( Australia )

81.Which bank and Oriental Insurance Corporation Limited agreed to launch a joint medicliampolicy ?

1. Andhra Bank2. Oriental Bank of Commerce3. PNB4. ICICI5. Syndicate Bank

82.The Reserve Bank of India has raised the threshold limit for real time gross settlement(RTGS) transactions from Rs 1 lakh to RS. ……………lakh?

1. 1.5 2.3 3.5 4.2.5 5. 2

83.India’s First Dedicated Education Loan Company CREDILA is the associate bodyof……………?

1. SBI 2. Andhra Bank 3. United Bank of India 4. Hdfc 5. SBH

84. SBI life insurance details are given. Pickup incorrect statement?1. SBI Life Insurance Company Limited is a joint venture between the State Bank of India

and BNP Paribas Assurance2. SBI owns 74% of the total capital and BNP Paribas Assurance the remaining 26%.3. BNP Paribas Assurance is the fourth largest life insurance company in France4. On 14 Apr 2010, SBI proposed to merge BNP Paribas Indian module5. SBI Life Insurance is registered with an authorized capital of Rs 2000 crores and a Paid-

up capital of Rs 1000 Crores

85. Which bank was merged with Centurion bank?1. Bank of India2. bank of maharastra3. Bank of Punja4. Indian bank5. Corporation Bank

86. Centurion bank was merged with…………………….?1. HSBC2. Corporation bank3. HDFC4. IDBI bank5. City bank

87. Global Trust bank was merged with ………………………?1. HDFC2. OBC3. IDBI4. Indian bank5. Corporation bank

88.State Bank of India opened a savings bank account with RS. 1 by targeting Urban Poor. In thisconnection, recently it opened 20 kiosks called customer Service point ( CSP) to do thisassignment. The first Kiosk opened in ……………….?

1. Lucknow2. Mumbai3. Vijayawada4.Hyderabad

5. Tirupathi

89.25 % FDI allowed as per the approval of the Foreign Investment Promotion Board in tobanks. How much percent of FDI allowed by direct route in banks?1. 74 2.49 3.50 4.51 5.15

90.Regional Rural banks are not in the state of Sikkim and ……………..?1. Tamil nadu 2. Rajasthan 3. Goa4. West Bengal 5. Jammu & Kashmir

91.Common Wealth Bank of Australia open its first branch in India at …?1. Delhi 2. Jaipur 3. Mumbai 4. Chennai 5. Hyderabad

92. Which two banks have executed a memorandum of understanding (MOU) to form a trustexclusively to establish and run financial literacy and credit counseling centers across variouslead districts in Karnataka?

1. Andhra Bank and Union Bank of India2. Syndicate Bank and State Bank of India3.Syndicate Bank and Vijaya Bank4. Andhra Bank and Oriental Bank of Commerce

5. United Bank of India and Andhra Bank

93.Which banks have comfortably retained the top rank in terms of profits/ employee, as per the datareleased by the Reserve Bank of India?

1. Public Sector Banks2. Private Sector Banks3. Foreign Banks4. Co-operative Banks5. Rural Banks

94.The software, styled ‘Score', invented for small banking institutions such as cooperativebanks at a minimal cost. This software developed by……………?

1. Satyam Mahendra ( Pune)2. Infosys ( Karnataka)3. Simcom ( Haryana)4. Microsoft ( Andhra Pradesh)5. Perfect Software Solutions Pvt Ltd ( Kerala)

95. Which Co-operative Bank has moved the Central Government and the Reserve Bank of Indiafor permission to issue shares at a premium to new members. it has base at Mumbai?

1. Baranagar2. Vizayanagaram3.saraswat

4. Belguam5. Annoya

96.European Central Bank (ECB) has the head quarters at…………?1. Pairs2. London3. Madrid4. Rome5.Frankfurt

97.In context with Banking, which among the following is a correct with regard to MerchandiseCredit and Merchandise Debit?

1. Merchandise credit relate to export of Durable goods while merchandise debit representimport of Durable goods

2. Merchandise credit relate to buying of goods while merchandise debit represent selling ofgoods

3.Merchandise credit relate to export of petrol while merchandise debit represent import ofCrude

4. Merchandise credit relate to export of goods while merchandise debit represent import of goods

5. Merchandise credit relate to Balance of Payments while merchandise debit representBalance of Trade

98.GAB ( General Agreements to Borrow ) recently signed by………….?1. G-8 2. G-10 3. G-7 4. G-8 5. G-77

99. ………………….. has sold its 13.84 per cent stake in SBI Capital Markets Ltd (SBICAPS) to SBI?1. World Bank 2. IMF 3.Asian Development Bank (ADB) 4. IFC 5. IIFC

100.Which bank is the first to issue computer chip based Debit card on pilot basis?1. HDFC 2. ICIC 3.Axis bank 4. Syndicate bank 5. HSBC

101.State Bank of India has tied up with technology company …….. to offer kiosk bankingin Mumbai and Maharashtra.?

1. Satyam2. Micro Soft3. Infosys4. Oxigen5. None

102.portal-linked service, which enables a dissatisfied customer to SMS “unhappy” to8008202020, if he is a customer of………………………..this is the first of its kind in India?

1. SBI2. IDBI3. HSFC4. ICIC5. Indian bank

103.INFINET is a communication channel for transmission of electronic communication bybanks. INFINET stands for…………?

1. Indian Financial Internal Network Electronic Transaction2. Indian Financial Internal Network3. Indian National Financial Internal Net Extra Track4. Indian Financial Network 5. None

104.IDBI will tie up with…………….to boost micro-financing in India?1. SBI 2. RBI 3. NABARD 4. SIDBI 5. ADB

105.SBI SMILE provides interest-free seed capital of up to Rs.10 lakh to ………………..?1. Auto drivers 2. students 3. children 4. small and medium enterprises 5. NRI’s

106.If a bank account that automatically transfers amounts that exceed (or fall short of) acertain level into a higher interest earning investment option at the close of eachbusiness day that account usually called as

1. Freeze Account2. CASA Account3. Illegal Account4. Sweep Account5. In operative Account

107.In a news paper it is read that ‘Higher Provisioning erodes public sector banks’ profit’Here Provisioning means?

1. Daily Expenses2. Cost to erect ATMs3. Conducting Exams to recruit new Personal4. bad loans5. Establish new branches

108.Details of the loan given to appear for Competitive exams is a new type of loan. Pick upcorrect statements?1. Central Bank of India is the first bank to offer this type of loan. The name of the schme

is CENT COMP-EXAM2. the volume of the loan is Rs. 2 Lakhs3. It must be paid with in 36 months4. Even NRI students are eligible5. For boy students the rate of interest is 12 percent and for girl students the rate of interest

is 11.5 percent

109.. Micro Credit in India belongs to………………………..?1. Semi-Commercial Banking 2. Commercial Banking 3. Non-Banking Finance4. Cooperative Banking 5. Private Banking

110.Which is the first rural bank in the country introduced a co-branded ATM card. This is theIndian bank sponsored rural bank.1. Puduvai Bharathiar Grama Bank (Puducherry)2. Saptagiri Grameena Bank(Andhra Pradesh)3. Pallavan Grama Bank( Tamilnadu)4. Manjira Gramina Bank( Andhra Pradesh)5. None of above

111.First time in India, Which bank initiates to open “Youth branch”, in Andhra Pradesh havinga cafeteria for chatting, video games, trendy music speakers etc?

1. State Bank of India 2. Corporation Bank 3. Fedral Bank4. HDFC 5. ICICI Bank

112.Housing finance company HDFC and private sector ICICI Bank have decided todiscontinue teaser home loan schemes. Teaser home loans mean……?1. the loans given at higher rate of interest for the first few years2. the loans given at cheaper rates to Senior Citizens3. the loans given at lower rates for the first few years.

4. the loans given at no interest rate5. the loans given to employees of the same bank

113. Which of the following private sector bank is re branding itself as RBS?1.Sumitomo Bank 2.Bank of Scotland . 3.ABN Amro 4. ICICI 5. Bank of Rajasthan

114.. …………………………….Committee played a vital role in the genesis of the Self-HelpGroup and Bank linkage programme?1. Usha throat 2. C.Ranga Rajan 3. S.K.Kalia 4. Deepak Mohanty 5.None

115. The banking business use the word Hot Card. Hot card means…………..?1. Card used to buy Petrol 2. Card used to buy hot deals in website3. Card issued, but not used by customer4. Card issued by bank but not honoured by another bank. 5. Lost Credit Cards

116.Recently Reserve Bank of India, along with the Securities and Exchange Board of India(SEBI) has allowed recognized stock exchanges to launch futures currency trading in…….Futures trading in dollars-rupee were already allowed.

a) euro-rupeeb) pound sterling-rupee

c) yen-rupeed) Ruble-rupeee) Lira-rupee

1. b c d 2. a b e 3. a b c 4. a b c d 5. All of above

117.What is NABARD’s primary role?1. To raise the capital of state government to give loans2. To provide term loans to State Bank of India3. To give term loans to stateCooperative Banks4. To assist central government for share capital share with co-operative banks5. None

118.To open a new branch the Banks are required to take permission from …………….?1.SBI2.SEBI3.Indian Banks Association4.Finance Commission of India5. RBI

119. Banks do not provide……………………………….1.Issuing Negotiable instruments2.Sale of Stamp papers at lower rates3.Deposits4.Lockers5.Loans

120. Repatriation means1. Capital flow from a home country to the foreign country.2. Deposits move from the low interest area to high interest area3. Capital flow from a foreign country to the country of origin4. Capital flow from share market to safe deposits5. Capital move from the risk area to non- risk area

121. "Loan Servicing" means?1. Lending the money2. A mortgage bank or sub-servicing firm collects the timely payment of interest and principal from

borrowers3. Helping the customer to get loan in other banks by providing the details of the running account4. Giving a loan if the customer has any deposit

5. Giving second loan after payment of first loan regularly

122.. The obstacle for financial inclusion in India?1. Lack of legal identity like voter id , driving license , birth certificates ,employment identity

card etc,2. Lack of basic education prevent people to have access from financial services,3. Low income people,4. Lack of awareness about the importance of Finance, Bank Accounts, cheque facility by the

people who has basic education5. All of the above

123.Least ten banks want to pickup stake in the proposed Central Electronic Registry (CER), tokeep track of mortgages in the home loan market. CER established by ……..

1. Reserve Bank of India2. National Housing Bank3. HDFC4. State Bank of Hyderabad5. IMF

124.Luxemberg based KBC group bank purchased by………………group?1. Tata

2. Hinduja3. Reliance4. Vedanta5. Piramal

125. Lead Bank scheme was launched on the recommendation of?

1. C.Ranga rajan2.F. K. F. Nariman3. Lakdawala4. Dutt and Sundaram5. Man mohan singh

126.Of the following one, which one is called as non-cash transactions?1.Credit card2.Debit card3.ATM card4.Pre-Paid card5. All of above

127.“SBI Ka Apna Goan”, a Village Development Scheme which was introduced and graduallyfaded away in 1960s, is being revived by State bank of India under its CSR (CorporateSocial Responsibility) . Now it’s wanted to revive first in ….?

1. Bihar 2. Rajasthan 3. Uttarakhand4. Assom 5. Uttar Pradesh

128.R.B.I has both qualitative and quantitative control instruments to control the monetarypolicy.Among the following measures which one is qualitative one?

1.RBI decreases the CRR rate2. RBI increases Reverse Repo rate3. RBI announces selective credit control4.RBI decreases the Bank rate5.RBI alters the statutory Liquidity Ratio

129. India will improve its rank by three notches to the 8th position in the International MonetaryFund (IMF). The share improve to about 2.75 percent from the present level of 2.44 percent.China improves it rank from sixth to …………………?

1. First 2. Fifth 3. Fourth 4. Third 5. Second

130.Federation of Indian Chambers of Commerce and Industry conducted a survey. That surveyreveals a fact that Indian banking is stronger on vital banking parameters than other BRICnations. Which among the following has not been highlighted in this survey as strength ofIndian Banking System?

1. Quality Human Resources2.Regulatory system3. Banking Technology4. Risk Management System5. All of above

131.RBI constituted ……………………………committee on Bench Mark Prime Lending Rate?1. C.Ranga rajan

2. subba rao3. Deepak mohanty4. K.C.chakravarthy5. None

132.Solar ATMs hit soon Indian banking system. Pick up the correct statements?1. Vortex Engineering announced the launching of large scale of Solar ATMs in India2. These ATMs are developed in the collaboration of IIT Madras.

3. State bank of India ordered Vortex for the installation of 300 Solar ATMs4. These ATMs are also equipped with Bio-metric option.5. Under MGNREGS, these ATMs are erected in Cuddalore district of Tamilnadu as pilot

project.

133.Of the following banks which one are wrongly matched one ?1. HDFC Bank---The smallest credit card in the world2. ABN-AMRO—The first transparent credit card in the world3. Kotak Bank- The first vertical Credit Card in the world4. SBI bank—multi purpose card in the same group5. HSBC Bank—first public sector bank to introduce credit card in India

134.Sub prime lending is a loan made to……?1. The corporate business company which pay back its loan before the date2. The individual who takes loan by keeping security3. the bank was authorized by RBI to give loans at reduced rates to some people4. Such person do not have a good credit history 5. The load of loans

135. On 11 February 2011, TTD deposited 1175 kg of gold with SBI to fetch 1.6 % rate ofinterest per annum. Which is the only one bank in India offers Gold Deposit Scheme?

1. Syndicate Bank2. Andhra Bank3. Kalinga Bank4. OBC5. SBI

136.11,000 Business Correspondents will be appointed by the various banks in rural areas withthe help of the network FINO. FINO means……………?

1.Financial Inclusion Network and Operations2. Financial Inclusion Networth and Operations3. Fundamental Inclusion Network and Operations4. Financial Inclusion Network and Obligations5. None

137. Skotch Financial Inclusion Award 2011 for “SGH Inititatives-Urban Financial Inclusion”given to………..?

1. Union Bank of India2. Syndicate Bank3. Andhra Bank4. Indian Bank5. State Bank of India

138.7th Annual Banking Techonolgy Conference& Expo was held in ………………..on 2 Mar2011?

1. Goa2. Hyderabad

3. Tiruvananthapuram4. Delhi5. Mumbai5. All of the above

139.Banks usually share the information of CIBIL at the time of giving credit to the borrowers.CIBIL stands for…………..?

1. Credit inform Bureau ( India ) Limited2. Credit Information Bureau (India) Limited3. Consumer Information Bureau (India) Limited4. Credit Information Board (India) Limited5. Collective Information Bureau (India) Limited

140.10 percent of the voting rights removed by Banking Laws (amendment) Bill 2011 in the…………….?

1. Private Banks2. Public Sector Banks3. Foreign Banks4. Regional Rural Banks5. All of above

141.On 18 March 2011, Which bank opened its foreign subsidiary in UK?1. SBI2. IDBI3. HDFC4. ICICI5. UBI

142. The Negotiable instrument is………..?1. Cheque2. Demand Draft3.Cheque4. Bill of Exchange5. All of above

143.ICICI decided to come in the large way to open leaset 500 branches in a year. It wants tofoucus on the lending to…………..sectors

1. Transportation2. Education3. IT4. Road and Power sector5. Micro Finance

144.The second largest lender in India is………?1. SBI2. IDBI

3. ICICI4. UBI5. IOB

145.The only online account B2 run by……….?1. Syndicate Bank2. LIC3. Corporation Bank4. IDBI5. ICICI

146.M.Chidambaram Chettyar is the founder of………..?1. ICICI2. Andhra Bank3. Syndicate Bank4. IOB5. BOI

147.Project Merlin is the contract of 4 banks and…………..?1. England2. Japan3. India4. USA5. UK

148.The banks are issuing the Kisan credit cards these days to give the free credit period .Generally what is the Validity period of the Kisan Credit Card?

1. 1 year2. 10 years3. 5 years4. 8 years5. 3 years

149.“Next Eleven Countries” (N-11) are ………………….. as identified by the Goldman Sachsinvestment bank?

1. Least Developed Countries2. Developed countries3. No developed countries4. Developing Countries5. None

150.RBI had set up the sub-committee, headed by Mr Y.H. Malegam to give recommendationson the Microfinance institutions. His recommendations do not include……………………..?1. Create Separate category of Non-Banking Finance Companies (NBFC) operating in the

microfinance sector

2. Even for Micro-finance loan sector, the set up of Credit Information Bureau is essential3. Micro Finance companies must be audited by the lead banks of the concerned districts on

monthly basis4. Limiting the lending to the same borrower to two Microfinance institutes5. Micro Finance Companies must not charge more than 24 % from borrowers

151.In which state, the Reserve Bank of India initiated to start satellite banks in villages?1. Andhra Pradesh2. Bihar3. Maharashtra4. Jharkhand5. Madhya Pradesh

152. On 14 January 2011, Which bank launched ‘Bank on bike’, a banking service to extendbanking services in rural areas, first time in India at Cheriyal village of Medak district in AndhraPradesh

1. Andhra Bank2. State Bank of Hyderabad3. ICICI4. Syndicate Bank5. State Bank of India

153.The Banks Punch lines are given. Pick up correct one?1. Allahabad Bank-A tradition of trust2. Andhra Bank-For all your needs3. Bank of Baroda-India’s International Bank

4. Bank of India-Relationship beyond Banking5. All of the above

154.The head offices of banks are given. Pick up incorrect one?1. Allahabad Bank- Kolkatta

2. Andhra Bank-Hyderabad3. Bank of Baroda-Baroda

4. Bank of India-Mumbai5. None

155.What is meant by Medium term note?1. A corporate note continuously offered by a bank to investors through a dealer.

Investors can choose from differing maturities, ranging from 1 month to 1 year2. A corporate note continuously offered by a company to investors through a dealer.

Investors can choose from differing maturities not exceeding 6 months3.A corporate note continuously offered by a company to investors through a dealer.

Investors can choose from differing maturities, ranging from nine months to 30 years4. A corporate note continuously offered by a company to investors asking them to take

not higher or lower denomination of notes5. None

156.Differential Rate of Scheme ( D.R.S ) means……….?a. The difference between the small borrowers who will be charged with more rate of interest and big

borrowers are charged with less rate of interestb. The banks can discriminate between public employment employees and private employment

employeesc. Public and Private sector banks can discriminate the customers under this DRSd. Public sector banks are required to fulfill the target of lending of at least one percent of total

advances at the end of the preceding year to the weakest of weaker sections at an interest of 4 % perannum.

e. The Foreign and Indian banks differ in the evaluation of loans to be given to customers

157.R.R.B’S are entitled to enter in to the business of Mutual funds. Pick up the wrong one?1. They are entitled to enter in to business of Mutual Funds intimating to R.B.I2. They should not acquire the MF units from secondary markets3. They should get special permission from State Governments4. They should not buy back the shares from the unit holders5. They come under the monitoring role of SEBI and R.B.I in this case

158.Goporia committee recommendations were given below, relating to the working of Banks. Find theincorrect one?

1. Extension of banking hours for all banks2. suspend the saving accounts as there are withdrawals3. The readujustment of banking time for staff4. increase the tax benefit for bank deposit schemes5. optimize the powers of banking officials

159.Some times banks believe that the sudden decrease of loan rate of interest benefits both bank and forcorporate houses. Pick up the correct one?

a. This type of scheme encourages the corporate houses to pay back their high cost debts.b. This scheme helps the corporate sector to take fresh loans at lower rate of interestc.The bank is benefited by getting funds back from the risky customers.d.Prepayment charges are also collected by bank

1. ab 2. b c d 3. a b c 4. a b c d 5. a c d

160.Private Equity investment means?1. purchase of a majority of total owner ship in an operating company2. Private company divides its capital and forming in to two companies3. Public company turns in to Private company4. Private stake sold to another company to do another business5. Govt. approval to it’s PSU to do the private business also

161.Balance of payments means a record of all economic transactions completed between its Residents ofremaining world during a year . it includes?

a. export value b. import value c) shipping d) banking e) tourismf) insurance g) loyalty1. a b c d g 2. a b c d e f g 3. b c d e 4. d e f 5. a b d e f

162.Autarchy in Economy means?1. independence of economy does not need imports2. political dominance in parliament3. independent powers of RBI4. exclusive powers of Governor of State5. company’s power to buy back it’s shares

163.With a view to strengthen and institutionalize the mechanism for maintaining financial stability,Government has decided to set up an apex level body, not to disturb the autonomy of regulators.

It is……………?1.Financial and regulation council2. Regulation and stability monitoring council3. Financial stability and development council4. Indian Regulatory authority of stability5. Indian financial stability and development council

164.If the net worth of company is above RS. 1000 crore by 1 Apr 2010, they should follow IFRS norms.If their net worth is RS. 500 crore –Rs.1000 crore they should follow by 1 APR 2003, and below thanRS. 500 crore they should follow by 1 Apr 2014.All small and medium scale industries,Unlisted Firms areexempted from IFRS. IFRS means………..?

1. International Financial Respect scheme2. 2.International Financial Reign System3 Inter-continental Financial Report system4. International Financial Reporting Standards5 International Financial Responsive Syste

165.Of the following statements which one is wrong related RBI subsidiary BRBNMPL?1. Bharatiya Reserve Bank Note Mudran Private Limited was established by RBI2. its wholly owned subsidiary of RBI established on 3rd February 19953. It is established to bridge the gap between the supply and demand for bank notes in the

country.4. The company manages 2 Presses one at Mysore in Karnataka and the other at Salboni

in West Bengal5. It is chaired by Pranab Mukharjee, the Finance Minister of India as a Full time Director

166.As per the statement given by D.Subba Rao, the governor of R.B.I, India preferrs.?1. long term flows to short term flows and non-debt flows to debt flows.2. Short term flows to long term flows and debt flows to non-debt flows3. long term and short term flows4. long term flows and debt flows5. none

167.Which banks have comfortably retained the top rank in terms of profits/ employee, as per the datareleased by the Reserve Bank of India?

1. Public Sector Banks

2. Private Sector Banks3. Foreign Banks

4. Co-operative Banks5. Rural Banks

168.SBI SMILE provides interest-free seed capital of up to Rs.10 lakh to ………………..?

1. Auto drivers

2. students

3. children

4. small and medium enterprises

5. NRI’s

169.Indian Banks are showing interest to do Factoring Business. Factoring means..?1. Construction of factories in the urban areas2. Selling and buying of shares3. Issue loans to heavy industries in SEZ areas4. Collection of debts of another5. None

170.Indian Banks are showing interest to do Factoring Business. Factoring means..?1. Construction of factories in the urban areas2. Selling and buying of shares3. Issue loans to heavy industries in SEZ areas4. Collection of debts of another5. None

171.Micro Credit in India belongs to………………………..?

1. Semi-Commercial Banking

2. Commercial Banking

3. Non-Banking Finance

4. Cooperative Banking

5. Private Banking

172.Any bank can start its branch with out permission of RBI in…………..part of India?1. North Eastern 2.North Western 3. South Western4. South Eastern 5. Central

Banking Awareness Key

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11.4 12.3 13.3 14.4 15.1 16.3 17.3 18.5 19.3 20.5

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