Q1. Which of the following is the first “Limited Liability Bank” in India?
1. Hindustan Bank
2. Punjab National Bank
3. Oudh Commercial Bank
4. State Bank of India
5. Allahabad Bank
Answer- 3
Q2. SIP stands for “Systematic Investment Plan”. SIP is associated with _____________
1. Recurring Deposit Schemes
2. Insurance Schemes
3. Mutual Fund Schemes
4. Pension Fund Schemes
5. Small Savings Schemes
Answer- 3
Q3. Which of the following rates signals the RBI’s long term outlook on interest Rates?
1. Repo Rate
2. Reserve Repo Rate
3. Bank Rate
4. Cash Reserve Ratio (CRR)
5. Statutory Liquidity Ratio
Answer- 3
Q4. Which of the following fall under the purview of Regulatory Authority “Securities &Exchange Board of India” [SEBI]?
1. Micro Finance Institutions
2. Non-Banking Finance Companies
3. Mutual Funds
4. Insurance companies
5. Micro, Small & Medium Enterprises
Answer- 3
Q5. Upper Limit prescribed for “Real Time Gross Settlement” [RTGS] transactions is ______________
1. ₹ 1 Lakh
2. ₹ 2 Lakh
3. ₹ 5 Lakh
4. ₹ 10 Lakh
5. No upper limit
Answer- 5
Q6. “Local Area Banks” were introduced in 1996, LAB’s are restricted to operate maximum in three Districts. How many Local Area Banks are functioning at present?
1. 4
2. 9
3. 13
4. 27
5. 34
Answer- 1
Q7. Which Bank announced a new mobile payment solution Touch & Pay?
1. IDBI
2. YES Bank
3. HDFC
4. Axis Bank
5. ICICI
Answer- 5
Q8. Recently Lok Sabha passed Constitution _______ Order (Amendment) Bill, 2016?
1. Senior Citizen
2. OBC
3. Scheduled Caste
4. Minor
5. Women
Answer- 3
Q9. Who is appointed as the first woman Chief Justice of Nepal?
1. Astha Tamang Maskey
2. Anju Pant
3. Sujata Koirala
4. Gauri Malla
5. Sushila Karki
Answer- 5
Q10. Cuban and _____ telecom firms have signed an agreement to establish direct international voice traffic, basically in incoming and outgoing calls?
1. Australia
2. Germany
3. U.S.
4. Iceland
5. Africa
Answer- 3
