Derivatives Contract which gives the buyer/holder of the contract the right (but not the obligation) to buy/sell the underlying asset at a predetermined price within or at end of a specified period is known as
A.
1) Futures Contract
B.
2) Option Contract
C.
3) Index Futures contract
D.
4) Mini Derivative Contrac
E.
5) None of these
2.
. The first Yash Chopra Memorial Award has been given to
A.
1) AR Rahman
B.
2) Lata Mangeshkar
C.
3) Amitabh Bachchan
D.
4) Rishi Kapoor
E.
5) Gulzar
3.
. CASA ratio of bank indicate the
A.
1) Bank’s deposit
B.
2) Bank’s Non Performing Assets
C.
3) Bank’s liabilities
D.
4) Bank’s base rate
E.
5) Bank’s total assets
4.
. The process by which LIC holder can transfer all rights, title and interest under a policy contract to any third person is known as
A.
1) Subrogation
B.
2) Escrow
C.
3) Mortgage
D.
4) Assignment
E.
5) Nomination
5.
In order to promote no frills accounts as part of basic banking, the Reserve Bank of India, in August 2012, advised banks to rechristen it as
A.
1) Basic Savings Account
B.
2) Basic Deposit Account
C.
3) Basic Account
D.
4) Basic Savings Bank Deposit Account
E.
5) None of these
6.
The UIDAI has set a target of enrolment for how many people for Aadhaar Numbers till end of 2014?
A.
1) 25 crore people
B.
2) 48 crore people
C.
3) 50 crore people
D.
4) 60 crore people
E.
5) 72 crore people
7.
Equity share is also known as
A.
1) Shareholder equity
B.
2) Stockholder’s equity
C.
3) Share capital
D.
4) Net worth
E.
5) All of these
8.
. Fixed Deposit is also referred to as
A.
1) Time Deposit 4) Static Deposit
B.
2) Recurring Deposit
C.
3) Demand Deposit
D.
4) Static Deposit
E.
5) All of the above
9.
With which sports is Deepak Lathore associated?
A.
) Basketball
B.
2) Athletics
C.
3) Weightlifting
D.
4) Squash
E.
5) Wrestling
10.
What is the minimum age required to become a member of the Rajya Sabha?
A.
1) 21 years 2
B.
) 25 years
C.
3) 30 years
D.
4) 32 years
E.
5) 35 years
11.
Microcredit concentrates on
A.
1) Small loans
B.
2) Women
C.
3) Rural areas
D.
4) Poor people
E.
5) All of these
12.
Which of the following is a receipt, declaring ownership of shares of a foreign company, which can be listed in India and traded in rupees
A.
1) ADR
B.
2) GDR
C.
3) IDR
D.
4) EDR
E.
5) None of these
13.
. NABARD is responsible for regulating and supervising
A.
1) Securities market in India
B.
2) Bank rates of scheduled commercial banks in Indi
C.
3) Cooperatives
D.
4) Regional Rural Banks
E.
5) Only (3) and (4)
14.
Arrangement of bank selling insurance product acting as agent of respective companies is called
A.
1) Bancassurance
B.
2) Outsourcing
C.
3) Delegation
D.
4) Proxy Insurance
E.
5) Shadow Insurance
15.
BCSBI aims to plan, evolve, prepare, develop, promote and publish comprehensive Codes and Standards for banks, for providing for fair treatment to their customers. Which of the following codes has been evolved by it?
A.
1) Code of Bank’s Commitment to Customers
B.
2) Code of Bank’s Commitment to Micro and Small Enterprises
C.
3) Code of Bank’s Commitment to Financial Inclusion
D.
4) Both (1) and (2)
E.
on 4) Both (1) and (2) 5
16.
.World Food Day is observed on
A.
1) 5 September
B.
2) 21 September
C.
3) 16 October
D.
4) 19 November
E.
4) 19 November
17.
The Adhaar-enabled payment systems (AEPS) is a bankled model that facilitates banking facilities by allowing transactions at Point of Sale through the business correspondent (BC) using the Aadhaar authentication number. Adhaarenabled basic types of banking transactions ‘do not’ include
A.
1) Balance enquiryt
B.
2) Cash withdrawal
C.
3) Online payment
D.
4) Cash deposit
E.
5) Aadhaar to Aadhaar funds transfer
18.
Which of the following is Asia’s largest residential university
A.
1) Nalanda University
B.
2) University of Delh
C.
3) Banaras Hindu University
D.
i4) Jamia Milia Islamia
E.
5) Jawaharlal Nehru University
19.
Which of the following banks/ministries/bodies is the Lender of last resort in India?
A.
1) World Bank
B.
2) Reserve Bank of India
C.
3) Union Ministry of Finance
D.
4) Planning Commission
E.
5) International Monetary Fund
20.
For expanding access to banking services, the Reserve Bank of India has advised banks to open branches with minimum infrastructure support of 8 to 10 BC units at a reasonable 3-4 km. Such branches are known as
