SBI Clerk

Under Pradhan Mantri Jan-Dhan Yojana.. Banking Awareness

1. A bank wishes to undertake insurance business. Whose permission is necessary before commencement of insurance business?
a) Life Insurance Corporation of India
b) General Insurance Corporation of India
c) Insurance Regulatory and Development Authority
d) Reserve Bank of India
e) None of the above.

2. Which among the following insurance company and Apollo Munich Health have come together to launch ‘Click2 Protect Health plan’, which provides both life and health cover under a single plan?
a) Aviva Insurance Company
b) Metlife Insurance Company
c) Sun Life Financial
d) HDFC Life Insurance
e) ING Group

3. The BCSBI has been set up by:
a) Govt. of India
b) Indian Banks Association
c) RBI
d) Banking Ombudsman
e) None of these

4. What are the additional categories to the existing categories of Priority Sector included in the present revised guidelines of Priority Sector?
a) Medium Enterprises, Loans to contractors&Renewable Energy
b) Medium Enterprises, Social Infrastructure & Loans to contractors
c) Medium Enterprises, Social Infrastructure & Renewable Energy
d) Medium Enterprises, Bullion traders & Renewable Energy
e) None of the above

5. The present distinction between direct and indirect agriculture is dispensed with. Instead, the lending to agriculture sector has been re-defined to include:
a) Farm Credit (which will include short-term crop loans and medium/long-term credit to farmers)
b) Agriculture Infrastructure
c) Ancillary Activities
d) a & b only
e) All a, b & c

6. In case of Small Service Enterprises, investment in equipment should be:
a) More than Rs.1 lakh but does not exceed Rs.1 crore
b) More than Rs.5 lakh but does not exceed Rs.1 crore
c) More than Rs.10 lakh but does not exceed Rs.1 crore
d) More than Rs.10 lakh but does not exceed Rs.2 crore
e) None of the above

7. Which of the following is defined as the difference between current assets and current liabilities?
a) Venture Capital
b) Working Capital
c) Equitable Mortgage
d) Loss Assets
e) Profit and Loss Account

8. Which of the following Act provides provisions for the regulation of credit information companies?
a) Companies Act, 1956
b) Credit Information (Companies Regulation Act, 2005)
c) Information Technology Act, 2000
d) Banking Regulation Act, 1949
e) Bills of Exchange Act, 1882

9. Security Printing and Minting Corporation of India Limited(SPMCIL) is an Indian government-owned corporation that engages in the production of bank notes, coins, non-judicial stamps, postage stamps, and other government related documents for India. The corporate office of SPMCIL is located in:
a) Mumbai
b) Kolkata
c) Bangalore
d) New Delhi
e) Nasik

10. Banking Codes and Standards Board of India(BCSBI) related to:
a) Issues related to loan sanctions
b) Issues related to bank inspection
c) Issues related to customer service
d) Issues concerning forex transaction
e) None of the above

11. Loan can be sanctioned to a person under social infrastructure of Priority Sector for activities namely:
a) Schools health care facilities
b) Drinking water facilities
c) Sanitation facilities in Tier II to Tier VI centres
d) All of the above
e) None of the above

12. Under Pradhan Mantri Jan-Dhan Yojana (PMJDY), overdraft facility can be extended to borrowers whose household annual income does not exceed:
a) Rs. 5,000 for rural and Rs . 10,000 for non-rural areas
b) Rs. 10,000 for rural and Rs. 20,000 for non-rural areas
c) Rs. 50,000 for rural & Rs. 1,00,000 for non-rural areas
d) Rs.1,00,000/- for rural & Rs. 1,60,000/- for non-rural areas
e) No criteria

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Mallikarjuna

Mallikarjuna

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