For filing and resolving customer complaints, the Banking Ombudsman
(a) charges a fee of Rs. 500/-
(b) does not charge any fee
(c) charges a fee of Rs. 1500/-
(d) charges a fee of Rs. 1000/-
Answer:
Term deposits are meant for individuals and small businesses, and not for large companies.
(a) TRUE
(b) FALSE
Answer:
Foreign banks can be involved in all segments of personal loans, except in household consumer finance.
(a) FALSE
(b) TRUE
Answer:
In case a depositor is a sole proprietor and holds deposits in the name of the proprietory concern as well as in the individual capacity, the maximum insurance cover is available upto.
(a) Rs. 1,00,000/-
(b) Rs. 2,00,000/-
(c) Rs. 5,00,000/-
(d) None of the above
Answer:
Banks give contracts to third parties in order to manage support services like
(a) help desk support
(b) credit card processing
(c) call support service
(d) All of the above
Answer:
In case of FCNR(B) Scheme, the period for fixed deposits is
(a) as applicable to resident accounts
(b) for terms not less than 1 year and not more than 5 years
(c) for terms not less than 2 years and not more than 6 years
(d) at the discretion of the Bank
Answer:
To create a strong and competitive banking system, reform measures were initiated in early 1990s. The thrust of these reforms was on
(a) increasing operation efficiency
(b) strengthening supervision over banks
(c) developing technological and institutional infrastructure
(d) All of the above
Answer:
The past due debt collection policy of banks generally emphasizes on _________ at the time of recovery
(a) respect to customers
(b) appropriate letter authorising agents to collect recovery
(c) due notice to customers
(d) All of the above
Answer:
Bank sponsored mutual funds dominate the mutual fund industry
(a) TRUE
(b) FALSE
Answer:
According to the risk diversification principle of bank lending, diversification should be in terms of
(a) customer base
(b) geographic location
(c) nature of business
(d) All of the above
Answer:
(a) charges a fee of Rs. 500/-
(b) does not charge any fee
(c) charges a fee of Rs. 1500/-
(d) charges a fee of Rs. 1000/-
Answer:
Term deposits are meant for individuals and small businesses, and not for large companies.
(a) TRUE
(b) FALSE
Answer:
Foreign banks can be involved in all segments of personal loans, except in household consumer finance.
(a) FALSE
(b) TRUE
Answer:
In case a depositor is a sole proprietor and holds deposits in the name of the proprietory concern as well as in the individual capacity, the maximum insurance cover is available upto.
(a) Rs. 1,00,000/-
(b) Rs. 2,00,000/-
(c) Rs. 5,00,000/-
(d) None of the above
Answer:
Banks give contracts to third parties in order to manage support services like
(a) help desk support
(b) credit card processing
(c) call support service
(d) All of the above
Answer:
In case of FCNR(B) Scheme, the period for fixed deposits is
(a) as applicable to resident accounts
(b) for terms not less than 1 year and not more than 5 years
(c) for terms not less than 2 years and not more than 6 years
(d) at the discretion of the Bank
Answer:
To create a strong and competitive banking system, reform measures were initiated in early 1990s. The thrust of these reforms was on
(a) increasing operation efficiency
(b) strengthening supervision over banks
(c) developing technological and institutional infrastructure
(d) All of the above
Answer:
The past due debt collection policy of banks generally emphasizes on _________ at the time of recovery
(a) respect to customers
(b) appropriate letter authorising agents to collect recovery
(c) due notice to customers
(d) All of the above
Answer:
Bank sponsored mutual funds dominate the mutual fund industry
(a) TRUE
(b) FALSE
Answer:
According to the risk diversification principle of bank lending, diversification should be in terms of
(a) customer base
(b) geographic location
(c) nature of business
(d) All of the above
Answer: