1). Which of the following is the first Regional Rural Bank of India?
a) AP Grameena vikas Bank
b) Chaitanya Godavari
c) Andhra Pragathi
d) Prathama Bank
e) Baroda UP Gramin Bank
Answer: d)
2). An Asset Management Company is promoted for which of the following purposes?
a) To manage the assets of insurance company
b) To manage the funds of a mutual fund
c) To manage loans taken from other banks
d) To manage the assets of NBFCs
e) None of these
Answer: b)
3). Inflation pressure on an economy essentially signifies ______.
I. Absence of growth impulses in the economy
II. A disequilibrium between exports and imports
III. Inflation is higher in economy
a) Only I
b) Only III
c) I and III
d) Only II
e) None of these
Answer: b)
4). ___________ has been declared the first ‘total banking state’ in India, successfully implementing the total financial inclusion thereby ensuring banking facility to all households.
a) Maharashtra
b) Kerala
c) Himachal Pradesh
d) Uttarakhand
e) Gujarat
Answer: b)
5). Which of the following is an example for Long Investment Option?
a) Fixed deposit
b) Money market
c) Public provident fund
d) Saving accounts
e) None of these
Answer: c)
6). India Post Payments Bank(IPPB) will offer _______
a) Forex
b) Mutual funds
c) Pension
d) Insurance
e) All of these
Answer: e)
7). _____________ are the beneficiaries of the “Reverse Mortgage Scheme”.
a) Government employees
b) Senior citizens
c) Unemployed persons
d) Persons of BPL category
e) None of the above
Answer: b)
8). Which of the following banks recently launched “Smart vault” digital locker facility?
a) SBI
b) HDFC
c) PNB
d) NABARD
e) ICICI
Answer: e)
9). Which among the following bank has bagged the ‘Best MSME Bank Award 2016’ instituted by Assocham?
a) Corporation Bank
b) Syndicate Bank
c) IDBI Bank
d) Indian Bank
e) None of these
Answer: a)
10). Which facility was set up by State bank of India on recommendation of Iyer Committee in 1991?
a) RTGS
b) NEFT
c) BANKNET
d) Rupaya
e) None of these
Answer: c)
Answer Key:
1).d 2).b 3).b 4).b 5).c 6).e 7).b 8).e 9).a 10).c
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