Banking Awareness Quiz for IBPS Clerks Online Exam 2015 - Set 76

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1. According to new rules, the floor rate and ceiling rate of CRR is.....

1. 3 -15
2. 5 -15
3. 2 -18
4. No floor or ceiling rate
5. None of the above

2. Foreign Currency Convertible Bonds (FCCBs) and Foreign Currency Exchangeable Bonds (FCEBs) are governed by

1. FDI guidelines
2. FII guidelines
3. External Commercial Borrowings (ECB) guidelines
4. FEMA act
5. RBI guidelines

3. Prepayment charges are exempted for

1. Housing Loans
2. Education Loans
3. Agr. Loans
4. Corporate Loans
5. 1, 2 & 3

4. Minimum and Maximum period of Certificate of Deposits

1. 15 days &1 year
2. 30 days &1 year
3. 7 days &1 year
   
4. 7 days & no limit
5. None

5. Which among the following is the Housing Finance Regulator?

1. HUDCO
2. HDFC
3. NHB
4. RBI
5. None of the above

6. When Current Liabilities are more than Current Assets

1. Interest burden is less.
2. Company can meet its obligations
3. Company may not meet its obligations
4. Increased Net worth
5. None

7. Which of the following is an example of Financial Assets ?

1. National Saving Certificate
2. Infrastructure Bonds
3. Indira Vikas Patra
4. Krishi Vikas Patra
5. All

8. The RBI has decided to pay agency commission to authorised banks for handling the work relating to the _________ and _________ schemes as per the extant rates.

1. Kisan Vikas Patra (KVP) 2014, Sukanya Samriddhi Account
2. Kisan Vikas Patra (KVP), 2014, Atal Pension Yojana
3. Pradhan Mantri Jan Dhan Yojana & Atal Pension Yojana
4. PM Jeevan Jyoti Bima Yojana & PM Suraksha Bima Yojana
5. PMRY and NRLM

9. What are the interest rates that are still regulated by RBI?

1. SB Deposits
2. Commercial Loans
3. DRI Loans
4. b & c
5. All

10. Maximum SLR to be maintained by banks is:

1. 50% of Net Demand and Time Liabilities (NDTL)
2. 40% Net Demand and Time Liabilities (NDTL)
3. 30% Net Demand and Time Liabilities (NDTL)
4. 60% Net Demand and lime Liabilities (NDTL)
5. None of the above

11. Which of the following scheme is launched to provide pension to the members of unorganized sectors in India?

1. Swabhiman
2. Swavalamban
3. Jeevan Dhara
4. Jeevan Kalyan
5. Asha

12. Which of the following statement is not correct with regard to RTGS?

1. Meant for Two lakh & above remittances only
2. Remittance should be through account transfer only
3. Maximum charges should not be more than 50 per remittance
4. Charges to be collected from the Beneficiary only
5. None of the above

13. With regard to nomination to Illiterate account, which of the following statement is correct?

1. Can extend in favor of literate only
2. Nomination facility is not available
3. Consent from Nominee is required
4. Witness is a must
5. None

14. Fiscal Policy refers to:

1. Balance of Payments
2. Govt. taxes, expenditure and borrowings
3. Govt. borrowings from Equity Market
4. Sale and purchase of securities by RBI
5. None

15. Which of the following statements are true

• A. Banks are required to maintain a portion of their Net Demand and Time Liabilities (NDTL) as cash reserves (CRR) with the Reserve Bank
• B. CRR does not earn any interest to Banks
• C. Banks have to adhere to a requirement of 95 per cent of CRR daily (including on Saturdays) and 100 per cent on a fortnightly basis

1. A and B are correct
2. B and C are correct
3. A and C are correct
4. All are correct
5. 1 & 2 correct

16. What is the Maximum deposit in PPF in a Financial Year:

1. Rs.1,50,000
2. Rs 2,00,000
3. Rs 2,50,000
4. Rs 3,00,000
5. Rs 5,00,000

17. Bank stakeholders include

1. Shareholders
2. Customers
3. Employees
4. a & b only
5. all

18. Relationship between Customer & Banker in case of Safe custody of articles

1. Lessor & Lessee
2. Principal & Agent
3. Bailor & Bailee
4. Assignor & Assignee
5. None

19. NABARD refinance for financing Self Help Groups is to the extent of:

1. 25 %
2. 50%
3. 75 %
4. 100 %
5. None of these

20. There are several direct and indirect instruments that are used in the formulation and implementation of monetary policy. RBI's framework is based on to

1. Qualitative approach
2. Selective approach
3. Multiple indicator approach
4. Quantitative approach
5. None of the above

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