1.Which among the following are oldest financial institutions in India?
(A)Private Agencies
(B)Commercial Banks
(C)Reserve Bank of India
(D)State bank of India
(E)None of the above
2.In which year SIDBI was established?
(A)1975
(B)1998
(C)1990
(D)1978
(E)1981
3.Which among the following is the first Development Financial Institution in the country to cater to the long-term finance needs of the industrial sector?
(A)IFCI
(B)IDBI
(C)ICICI
(D)SIDBI
(E)SBI
4.Which among the following is the main function of Agricultural Finance Corporation Limited ?
(A)consultancy services in the field of agriculture
(B)social service organization
(C)Agricultural commodities exchange
(D)Agricultural cooperative society
(E)none of the above
5.National Rural Credit Stabilization Fund is a Institution of purpose-specific funds in which of the following?
(A)IDBI
(B)SIDBI
(C)NABARD
(D)IFCI
(E)AFCL
6.To meet the need of which of the following the concept of Land Development Bank has been developed?
(A)Industries
(B)Real estate
(C)Farmers
(D)Export Oriented Units and SEZ
(E)Education Institutes
7.Which among the following statement is incorrect regarding Land Development Banks?
(A)They are cooperative institutions
(B)They meet the needs of the farmers for development purposes
(C)They have three tier structures
(D)They grant loans on mortgage security
(E)They are customers of NABARD
8.Which among the following statement is incorrect regarding the Regional Rural Banks?
(A)They have been established as per the provisions of Regional Rural Banks Act 1976
(B)Every Regional Rural Bank is sponsored by commercial banks
(C)The commercial banks need to approach to the state governments to establish Regional Rural Banks
(D)The Regional Rural Banks may open branches in notified area
(E)All statements are correct
9.Which among the following is correct statement?
(A)Cooperative Banks are fully controlled by RBI
(B)Cooperative Banks are partially controlled by RBI
(C)Cooperative Banks are Not controlled by RBI
(D)Cooperative Banks are fully controlled by Banking Regulation Act 1949
(E)None of the above is correct
10.Agency Functions of the commercial Banks are __?
(A)Primary Functions
(B)Secondary Functions
(C)Tertiary Functions
(D)Social Function
(E)None of the above
11.Which among the following is an essential feature of a commercial bank?
(A)providing Locker facilities
(B)dealing with credit
(C)providing business information and data
(D)Underwriting
(E)Sale of securities
12.Which among the following Banks in India was the first to take a major step of reorganizing based upon market segmentation?
(A)ICICI Bank
(B)State Bank of India
(C)Punjab National Bank
(D)Bank of Baroda
(E)Indian Bank
13.When a person has a saving account in the bank , the bank assumes the position of ___?
(A)Debtor
(B)Creditor
(C)Agency
(D)Depositor
(E)Agent
14.Which among the following is a Bank rate?
(A)the rate at which a commercial Bank lends to its customers
(B)the rate at which a commercial Bank lends to its best customers
(C)the rate at which a central Bank lends to commercial Banks
(D)the rate at which a Commercial Bank lends to Central bank
(E)the rate at which a commercial Bank accepts deposits from its customers
15.An investor or speculator who subscribes to a new issue with the intention of selling them soon after allotment to realize a quick profit is called?
(A)Bull
(B)Bear
(C)Stag
(D)Short
(E)Tall
16.The Unclaimed deposits are those deposits which haven't been operated for ______?
(A)5 years or more
(B)7 years or more
(C)10 years or more
(D)12 years or more
(E)15 years or more
17.In which year Statutory Liquidity Ratio was first imposed on banks?
(A)1949
(B)1951
(C)1955
(D)1968
(E)1971
18.On which of the following states a Bank publishes its balance sheet ?
(A)March 31
(B)April 1
(C)December 31
(D)January 1
(E)None of the above
19.Which among the following was first Commercial Bank of India?
(A)Hindustan Bank
(B)The bank of Bengal
(C)Imperial Bank of India
(D)Punjab National Bank
(E)Allahabad Bank
20.A new private bank is established under which of the following?
(A)Banking regulation Act 1949
(B)Companies Act 1956
(C)RBI Act 1934
(D)All of the above
(E)None of the above
nice one ....