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Bank Mcq Question Set 13

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1. The commercial paper can be issued by _____?




2. The Stock Exchange Board of India was set up by a Special Act in ____?




3. Demand deposits mean _____?




4. Time deposits means _____?




5. Fixed deposits are for the bank ____?




6. Which of the following acts as Regulators for Credit rating agencies in India?




7. The banker has a lien on _____?




8. Gilt-edged securities market is the market for government and semi-government securities. These securities carry




9. Expand AEPS in terms of banking.




10. Who provides refinance facilities to RRBs?




11. �Expand DRI related to a scheme meant for weaker section of our country.




12. Who works as RBI�s agent at places where it has no office of its own?




13. India is a member of the International Monetary Fund (IMF) since _____.




14. When the rate of inflation increases?




15. �In which city the Bank of International Settlements (BIS) located?




16. Banking sector comes under which sector?




17. What is MZM in money market?




18. Where is National Institute of Bank Management (NIBM) located?




19. CRR is required to maintain in the form of _____?




20. Which of the following methods is currently used in India to issue note?




21. Nationalization of banks took place in India in how many phases?




22. Nationalization of banks took place in India in how many phases?




23. Which among the following statement is incorrect about SEBI?




24. Which among the following was the first bank to open a branch on foreign soil?




25. What was the initial share capital of Reserve Bank of India?




26. The Royal Commission on Indian Currency and Finance was also known as __:




27. Original headquarters of RBI were located at ___?




28. In which year, Paper Currency Act was enacted by British Government of India?




29. On which date, RBI started working?




30. In which year, Indian Rupee was devalued for the first time?




31. �Banks are required to preserve the old records. The rules regarding preservation are framed by Central Govt., as per provisions of which of the following Act?




32. Under Section 5(a) of the Banking Regulation Act 1949, approved securities denote -




33. �On the basis of powers drawn mainly in which of the following Acts, RBI regulates and controls the banks in India?




34. Banks have prohibited to staple bank notes by RBI by issuing strict directives for implementation. Under which of the following, these directives have been issued?




35. All banking company are to prepare balance sheet and profit & loss account as on Mar 31 every year is prescribed in -




36. The annual return of unclaimed deposits u/s 26 of Banking Regulation Act should be submitted to RBI within the following days after close of the calendar year -




37. A cheque is defined u/s ____ of NI Act .




38. Legal amount in a cheque stands for




39. The network for common data communication for banks and FIs launched by RBI ?




40. Which of the following is the instrument of payment called Plastic Money?




41. The term EFT means




42. INFINET stands for




43. What is the minimum value of stock of gold coins, bullion and foreign securities, which RBI has to maintain at any point of time?




44. Who conducts integrated supervision over commercial banks, FIs and NBFCs and other para-banking financial institutions, in India ?




45. Banks disclose the information about their borrowers to RBI under Provisions of -




46. What is the highest denomination bank note that RBI can issue as per provisions of RBI Act?




47. What is meant by Scheduled Bank?




48. A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to stop payment. Bank will:




49. Across the face of a cheque bears the words Peoples Bank. What is its significance :




50. BCSBI stands for: