Q1. Cash kept in the currency chest is owned by-
(a) Currency Chest branch bank
(b) State Bank of India
(c) Central Government
(d) Reserve Bank of India
(e) Finance Ministry
Q2. When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as___________.
(a) Consortium
(b) Syndication
(c) Multiple Banking
(d) Participation
(e) None of the given options is true
Q3. What is the minimum amount of deposit into/withdrawal from currency chest?
(a) Rs.5,00,000
(b) Rs.1,50,000
(c) Rs.2,00,000
(d) Rs.3,00,000
(e) Rs.1,00,000
Q4. What is the maximum period for which a term deposit can be normally opened?
(a) 8 years
(b) 7 years
(c) 9 years
(d) 10 years
(e) 12 years
Q5. DICGC guarantees amount up to _____________ per depositor per bank.
(a) Rs.1,00,000
(b) Rs.1,50,000
(c) Rs.2,00,000
(d) Rs.3,00,000
(e) None of the given options is true
Q6. Which among the following are long term corporate bonds that are unsecured in nature?
(a) DCF
(b) Debentures
(c) Covenant
(d) CRAs
(e) Cheque
Q7. An account for which a bank acts as an uninterested third party is termed as?
(a) Savings Account
(b) Current Account
(c) Reserve Account
(d) Escrow Account
(e) Fixed Account
Q8. A signed undertaking from one party containing a promise to pay a stated sum to a specified person or a company is known as ________.
(a) Power of Attorney
(b) Promissory Note
(c) Purchasing Power Parity
(d) Plastic Notes
(e) None of the given options is true
Q9. 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
Q10. A debt which is irrecoverable and is therefore written off as loss in the accounts of an institution or bank is known as __________.
(a) external debt
(b) good debt
(c) bad debt
(d) internal debt
(e) None of the given options is true
Q11. The Doing Business Report” is prepared by which of the following organizations every year?
(a) Asian Development Bank (ADB)
(b) World Bank (WB)
(c) New Development Bank (NDB)
(d) World Trade Organization (WTO)
(e) None of the given options is true
Q12. Which of the following cannot be called as a debt instrument as referred in financial transactions?
(a) Certificate of Deposits
(b) Bonds
(c) Stock
(d) Commercial Paper
(e) None of the given options is true
Q13. Which of the following is not a type of cheque issued by an individual?
(a) Bearer Cheque
(b) Crossed Cheque
(c) Order Cheque
(d) Savings Cheque
(e) None of the given options is true
Q14. “World Investment Report” is annually published by-
(a) IBRD
(b) WTO
(c) IMF
(d) UNCTAD
(e) ADB
Q15. Treasury bills are issued in India by ______
(a) RBI
(b) State Government
(c) Government of India
(d) SEBI
(e) NABARD