A Bank's aggregate exposure to the capital market, including both fund based and non-fund based exposure to capital market, in all forms should not exceed 50% of its net worth as on March 31 of the previous year.
(a) TRUE
(b) FALSE
Answer:
Which of the following aspects are outlined by the loan policy of a bank?
(a) rating standards
(b) lending procedures
(c) financial covenants
(d) All of the above
Answer:
Public sector banks are not allowed to enter the mutual fund business.
(a) TRUE
(b) FALSE
Answer:
The RBI has adopted _____ Model in which mobile banking and is promoted through business correspondents of banks
(a) Bank Led
(b) Band Mobile
(c) Mobile
(d) All of the above
Answer:
Services offered to government departments include all the above except:
(a) payments of salaries and pensions
(b) distributing RBI bonds to government departments
(c) direct and indirect tax collections
(d) remittance facilities
Answer:
In case of FCNR(B) Scheme, the period for fixed deposits is
(a) for terms not less than 1 year and not more than 5 years
(b) for terms not less than 1 year and not more than 6 years
(c) for terms not less than 2 years and not more than 6 years
(d) for terms not less than 2 years and not more than 5 years
Answer:
The main advantage that banks have in entering the insurance ventures is the strong capital base of banks.
(a) FALSE
(b) TRUE
Answer:
While spreading the message of promotion of financial inclusion banks can make use of Business Correspondents to facilitate the opening of 'no frills' accounts.
(a) FALSE
(b) TRUE
Answer:
Savers from the household sector prefer
(i) assured income
(ii) liquidity
(iii) safety of funds
(a) only (i)
(b) only (ii)
(c) only (iii)
(d) (i), (ii), (iii)
Answer:
At present both IDBI and IDBI Bank operate as separate companies in the fields of term lending and commercial banking businesses respectively.
(a) FALSE
(b) TRUE
Answer:
21 (b)
22 (d)
23 (b)
24 (a)
25 (b)
26 (a)
27 (a)
28 (b)
29 (d)
30 (a)
(a) TRUE
(b) FALSE
Answer:
Which of the following aspects are outlined by the loan policy of a bank?
(a) rating standards
(b) lending procedures
(c) financial covenants
(d) All of the above
Answer:
Public sector banks are not allowed to enter the mutual fund business.
(a) TRUE
(b) FALSE
Answer:
The RBI has adopted _____ Model in which mobile banking and is promoted through business correspondents of banks
(a) Bank Led
(b) Band Mobile
(c) Mobile
(d) All of the above
Answer:
Services offered to government departments include all the above except:
(a) payments of salaries and pensions
(b) distributing RBI bonds to government departments
(c) direct and indirect tax collections
(d) remittance facilities
Answer:
In case of FCNR(B) Scheme, the period for fixed deposits is
(a) for terms not less than 1 year and not more than 5 years
(b) for terms not less than 1 year and not more than 6 years
(c) for terms not less than 2 years and not more than 6 years
(d) for terms not less than 2 years and not more than 5 years
Answer:
The main advantage that banks have in entering the insurance ventures is the strong capital base of banks.
(a) FALSE
(b) TRUE
Answer:
While spreading the message of promotion of financial inclusion banks can make use of Business Correspondents to facilitate the opening of 'no frills' accounts.
(a) FALSE
(b) TRUE
Answer:
Savers from the household sector prefer
(i) assured income
(ii) liquidity
(iii) safety of funds
(a) only (i)
(b) only (ii)
(c) only (iii)
(d) (i), (ii), (iii)
Answer:
At present both IDBI and IDBI Bank operate as separate companies in the fields of term lending and commercial banking businesses respectively.
(a) FALSE
(b) TRUE
Answer:
21 (b)
22 (d)
23 (b)
24 (a)
25 (b)
26 (a)
27 (a)
28 (b)
29 (d)
30 (a)
