a) 1800-300 - 1947
b) 1800 - 200 - 1947
c) 1800-400 - 1947
d) 1800 - 200 - 2017
e) 1800 - 300 - 2017
2. As per the Companies Act 2013 (amended) how much of the profits should be allocated towards CSR (Corporate Social Responsibility)?
a) 1%
b) 2%
c) 3%
d) 4%
e) 5%
3. The Regulator for Insurance business in India is:
a) Life Insurance Corporation of India
b) General Insurance Corporation
c) Insurance Regulatory Development Authority of India
d) SEBI
e) None of the above
4. The full form of MDR is:
a) Merchant Discount Rate
b) Maximum Discount Rate
c) Minimum Discount Rate
d) Mandatory Discount Rate
e) Merchant Discretionary Rate
5. Who is the Brand ambassador of Punjab National Bank?
a) MS Dhoni
b) Virat Kohli
c) Harbhajan Singh
d) Suresh Raina
e) Yuvraj Singh
6. Full form of BBPOU is:
a) Bharat Bill Payment Operating Unit
b) Birla Bill Payment Operating Unit
c) Bharat Bill Payment Outlet Unit
d) Bharatiya Bill Payment outlet unit
e) None of the above
7. Who is the new deputy governor of RBI?
a) Viral Acharya
b) Ravishankar Thakkar
c) Santanu Mukherjee
d) Shyam Srinivasan
e) Suresh N Patel
8. Full form of IPPB is:
a) India Post Payment Bank
b) Indian Prime Payment Bank
c) International Primary Payment Bank
d) Indian Project for Payment Bank
e) None of the above
9. Which of the following companies is the sole Reinsurance Company in India?
a) Life Insurance Corporation of India
b) ICICI Prudential Life Insurance Company
c) National Insurance Company
d) New India Assurance Company
e) General Insurance Corporation
10. ____ is known as the third pillar of BaselII accord.
a) Minimum capital requirement
b) Supervisory review process
c) Market discipline
d) Standardized Approach
e) None of the above
11. What is the maximum amount of finance under Shishu category of MUDRA?
a) Rs. 20,000
b) Rs. 30,000
c) Rs. 50,000
d) Rs. 40,000
e) Rs. 25,000
12. Crossing is applicable to:
a) Cheques
b) Drafts
c) Promissory notes
d) a, b only
e) None of the above
13. Who among the following will face certain restrictions to obtain loan from a Bank?
a) Staff working in Reserve Bank of India
b) Staff working in Finance Ministry
c) Staff working in Bank Industry
d) Directors of the Bank
e) No such restrictions
14. Government of India has developed an APP for sending SMS in mother tongue is called as:
a) Bhasha Shakti
b) Aksharavani
c) Amritvani
d) Ourbhasha
e) Bharatavani
15. NFSA Stands for:
a) National Food Security Act
b) National Fire Security Act
c) Need-based Food Security Act
d) New Food Security Act
e) None of the above
16. FIMMDA's general principles and procedures are applicable to:
a) Fixed Income Markets
b) Money Markets
c) Derivatives Markets
d) All of the above
e) None of the above
17. A bank in India, wants to undertake Capital market activities, it should:
a) Obtain special license from AMFI
b) Obtain special license from FIMMDA
c) Both a, b d) Register with SEBI
e) Register with Registrar of Companies
18. Which of the following is NOT a part of the Ministry of Finance?
a) Department of Financial Services
b) Department of Expenditure
c) Department of Revenue
d) Department of Economic Affairs
e) Department of Resource Mobilisation
19. The Gilt-Edged security market is the market for which of the following?
a) Market for trading in gold
b) Market for trading in sliver
c) Market for Govt. securities
d) Market for industrial securities
e) None of the above
20. Which of the following schemes of Govt of India has created Guinness world record for the largest cash transfer programme?
a) Aam Admi Bima Yojana
b) Deen dayal disabled rehabilitation scheme
c) MGNREGA
d) PMJDY
e) PAHAL
21. What is the name of the new crop insurance scheme?
a) Pradhan Mantri Fasal Bima Yojana
b) Atal Fasal Bima Yojana
c) Mahatma Gandhi Fasal Bima Yojana
d) Jai Kishan Bima Yojana
e) Deen Dayal Upadhyay Fasal Bima Yojama
22. In case of NEFT which is wrong?
a) Non customer can send NEFT upto Rs. 50,000
b) Remittance for Nepal up to Rs. 50,000
c) Payment of credit card bills up to Rs. 100000
d) All of these
e) None of these
23. Several Companies are adopting FCCB-a type of convertible bond issued in a currency different than the issuer's domestic currency. FCCB Stands for:
a) Foreign Currency Convertible Bond
b) Foreign Convertible Credit Bond
c) Financial Consortium and Credit Bureau
d) Future Credit and Currency Bureau
e) None of the above
24. The principal goals of the Reserve Bank's communication strategy are:
a) Transparency for strengthening accountability and credibility
b) Clarity on the Reserve Bank's role and responsibilities with regard to its multiple objectives; managing inherent complementarities/ contradictions and transition
c) Managing expectations and promoting two-way flow of information/ perceptions
d) Dissemination of information, statistics and research at various frequencies
e) All the above
1) a 2) b 3) c 4) a 5) b 6) a
7) a 8) a 9) e 10) c 11) c 12) d
13) d 14) e 15) a 16) d 17) d 18) e
19) c 20) e 21) a 22) c 23) a 24) e
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