1. Which of the following is an effort in the direction offinancial inclusion?

2. Which of the following is/are the Non-tax Revenuecomponents of the Union Budget of India?I. Customs DutiesII. Interest ReceiptsIII. Dividends and Profits Select the correct answer usingthe codes given below:

3. Where is the head office of the International MonetaryFund (IMF)?

4. Which one of the following institutions publish thereport of -˜World Economic Outlook-™?

5. Which of the following is not correctly matched?

6. As reported in some newspapers/ magazines - somebanks have decided to install Biometric ATMs so thatfraudulent withdrawals can be prevented. BiometricATMs will be able to do so as it also checks 1) signaturesof the card holders.(2) fingerprints of the card holders.(3) skin colour of the card holders.

7. Regional Rural Banks (RRBs) are empowered totransact the business of banking as defined under

8. Banks borrow money from the RBI on which of thefollowing rates?

9. At current prices - the GDP growth rate for the year 201314 - as projected by CSO stands at

10. Which of the following functions are not beingperformed by the Reserve Bank of India?

11. All Inter-Bank Funds Transfer System - where funds aretransferred as and when the transactions are triggered - is called

12. A bank without any branch network that offers itsservices remotely through online banking - telephone/mobile banking and interbank ATM networkalliances is known as

13. Many times - we hear about the -˜Banking Ombudsman-™.What is/are the major roles of same?I. Banking Ombudsman is a quasi-judicial authorityhaving powers to summon - the banks and the customersboth in case of dispute.II. The Banking Ombudsman are appointed by thePresident of India and are retired judges of the High orSupreme Courts.III. The decisions/judgements given by the BankingOmbudsman cannot be taken to any court of justice astheir decisions are last in case of bank related problemsdisputes. Select the correct answer using the codes givenbelow

14. Consider the following statements in regard to inclusivedevelopment:(1) As per the RBI guidelines Public Sector Banks has togive loans to women SHGs at the interest rate of 7%.(2) The initiative is to get benefit of interest ratesubvention scheme under the Damini scheme.(3) As per the RBI guidelines Public Sector Banks has togive loans to women SHGs at the interest rate of 9%Which of the statements given above is/are correct?

15. Which of the following is a primary function of banks?

16. What is the Statutory Liquidity Ratio (SLR) at present?

17. The rate of interest banks charge its main/ major andprime customers is popularly called as

18. Which one of the following factors is taken into accountto calculate the Balance of Payment (BoP) of a country?

19. Beti Bachao - Beti Padhao Yojana- a Scheme for womensafety recently passed in Union Budget 2014-15. How much money has been allotted for this scheme?,Rs. 500 Crore,Rs. 100 Crore,Rs. 150 Crore,Rs. 50 Crore,Rs. 1000 Crore,b Consider the following statements:1. Regional Rural Banks grant direct loans and advancesto marginal farmers and rural artisans.2. NABARD is responsible for laying down policies and tooversee the operations of the RRBs.3. RRB is not responsible for laying down policies. Whichof the statements given above is/are correct?, 1 only, 2 only, Both 1 and 2, Neither 1 nor 2, None,c How many banks were in second phase ofnationalisation?, 4, 5, 6, 7, 9,e Which of the following are the scheduled banks?, The Fuji Bank Limited, IDBI Bank Limited, Centurian Bank of Punjab Limited, All, None,b Which of the following is not an apex institution?, SBI, SIDBI, NABARD, State Cooperative bank, None,a The Reserve Bank of India had diverted its stake in StateBank of India to, IDBI Bank, LIC, ICICI Bank, Government of India, None,d Under what circumstances - can the bank close apartnership account?, Death of partner, Retirement of a partner, Insolvency of a partner, All, None,d Amongst the currency quotes USD/JPY - USD/Euro andUSD/CAD - which one of the following is referred as thebase currency for quotes?, USD, JPY, Euro, CAD, None,a A lot of Banks in India these days are offering M-BankingFacility to their customers. What is the full form of Rs.-˜M-™ in -˜M-Banking-™?, Money, Marginal, Message, Mutual Fund, Mobile Phone,e Which of the following is a retail banking product?, Home loans, Working capital finance, Corporate term loans, Infrastructure financing, Export credit,a Per capita income is obtained by dividing NationalIncome by, total population of the country, total working population, area of the country, volume of the capital used, None,a Name the bank that purchased the HSBC bank's Swissprivate banking assets?, Six SIS AG, Zurich Cantonal Bank, LGT Bank, WIR Bank, None,c The branding line of Bank of Baroda is, International Bank of India, India-™s International Bank, India-™s Multinational Bank, World-™s Local Bank, None,b Which of the following organisations is known as themarket regulator in India?, IBA, SEBI, AMFI, NSDL, None,b A customer wishes to purchase some US dollars in India.He/she should go to, Public Debt Division of the RBI only, American Express Bank Only, RBI or any branch of a Bank which is authorised forsuch business, Ministry of Foreign Affairs, None,c Which of the following is the sale authority for issue ofcurrency in India?, Government of India, Reserve Bank of India, Controller of Currency, All, None,b At present - the formula for subscription to RRBs capitalhas been fixed at, Central Government 50% - State Government 35%and Sponsor Bank 15%, Central Government 60% - State Government 20%and Sponsor Bank 20%, Central Government 30% - State Government 30%and Sponsor Bank 40%, Central Government 35% - State Government 35%and Sponsor Bank 30%, Central Government 50% - State Government 25%and Sponsor Bank 25%,b Narsimham Committee recommended to reduce SLRand CLR to, 25% and 3.5% respectively, 24% and 3.5% respectively, 25% and 3% respectively, 20% and 5% respectively, 25% and 5% respectively,a A-“card stores and provides indentificationauthentication - data storage and application processingapplications, Debit Card, Smart Card, Credit Card, ATM Card, None,a Which of the following is not an activity of merchantbanking in India?, The management of the customers securities, The management of the portfolio, The management of projects and counselling as wellas appraisal, The management of underwriting of shares anddebentures, None,e Inflation is caused by, increase in supply of goods, increase in cash with the government, decrease in money supply, increase in money supply, All,d The World Bank has set a new goal of reducing extremepoverty to:, 9 percent by 2020, 6 percent by 2015, 3 percent by 2025, 0 percent by 2015, None,a Match the following:List IList IIA. Allahabad Bank1. DelhiB. Central Bank of India2. KolkataC. Indian Overseas Bank3. MumbaiD. Punjab National Bank4. ChennaiCodes: A B C D, 2 4 3 1, 2 3 4 1, 4 3 2 1, 4 1 3 2, 1 2 3 4,b Many a time we read in newspapers that some big bankshave revised their lending rates to make them dearer orcheaper. Though the decision to raise the lending rates isalways in the hands of the banks - normally theyannounce this decision of theirs(1) immediately after the Union Budget is presented inthe Lok Sabha every year.(2) when the RBI makes changes in its policy rates.(3) when the Monetary and Credit Policy of the RBI isreviewed periodically., Only (1), Only (2), Only (3), Only (2) & (3), All (1) - (2) & (3),d Which of the following agencies/ organisations hasrecently decided that all the stock exchanges shouldintroduce physical settlement of equity derivatives?, Reserve Bank of India, Bombay Stock Exchange, Registrar of Companies, Securities and Exchange Board of India, All,d Which of the following is not a prerequisite for apromissory note?, Drawn on a specified banker, It should be unconditional, It should be in writing, It should be made and signed by the debtor, It should be payable in the currency of the country,a Which of the following is the purpose of introducing'Know Your Customer' norms by the banks?, To bring more and more people under the bankingnet, Identifying people who do not pay income tax, To ensure that the money deposited in banks hascome from genuine sources, To ensure whetherthe money deposited in the bankis of an India or a foreign national, None,c Recent initiatives for financial inclusion in India includeI. -˜no frill-™ account for retail purpose.II. simplified KYC (Know Your Customer).III. Credit Counselling Credit (CCC) facilities.IV. extension of smart cards.Select the correct answer using the codes given below:, I and II, II and III, III and IV, I and IV, All of these,e At present the trade between India and China is in astate of Payment imbalance-. What does this mean inreal terms? ](1) China does not import many items from Indiawhereas India imports more from China.(2) China does not pay India in time and a lot of delay isreported by the exporters(3) India wants all payments to be made in US Dollarswhereas China pays in its own currency.

20. Real time gross settlement benefits

21. What is Forex?

22. Mahesh and Suresh are friends aged 14 and 15respectively. They want to open a joint account in yourbank. You will

23. RBI's open market operation transactions are carriedout with a view to regulate

24. Which among the following companies has topped theFortune Global 500 list of the world's biggestcompanies?

25. Which of the following is/are the major reforms theGovt has introduced in the banking sector?(1) Dismantling the complex system of interest ratecontrols(2) Eliminating prior approval of the RBI for large loans(3) Introduction of capital adequancy norms and a fewother prudential norms