1. Which was the first New Generation tech savvy bank in India?
(a) Global Trust Bank
(b) UTI Bank
(c) ICICI Bank
(d) HDFC Bank
(e) None of these
2. Global Trust Bank later amalgamated with which Nationalized Bank?
(a) State Bank of India
(b) Bank of India
(c) Punjab National Bank
(d) Oriental Bank of Commerce
(e) Indian Bank
3. Axis Bank Previously known as _____ ?
(a) Global Trust Bank
(b) UTI Bank
(c) New Bank of India
(d) UTI
(e) None of these
4. FERA 1993 passed to control the foreign exchange dealings. FERA means?
(a) Foreign Exchange Rules Act
(b) Foreign Exchange Regulation Act
(c) Foreign Exchange Regulation Activates
(d) Four Exchange Regulation Act
(e) None of these
5. Which of the following bank is the old private sector bank in India?
(a) Axis Bank
(b) ICICI Bank
(c) Karur Vysya Bank
(d) HDFC Bank
(e) Yes Bank
6. Which among the following is not the Negotiable instrument?
(a) Cheque
(b) Bill of Exchange
(c) Demand Draft
(d) Cash Deposit form
(e) Promissory Note
7. When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
(a) RBI advances money to public whenever there is any emergency.
(b) Commercial banks give fund to the RBI.
(c) RBI advances necessary credit against eligible securities.
(d) All of the above
(e) None of the above
8. A bank conducts government business as an agent of
(a) Government of India
(b) Reserve Bank of India
(c) President of India
(d) State Government concerned
(e) None of these
9. Giltedged securities means?
(a) Gold bonds
(b) The duplicate bonds
(c) Highgraded and low risk securities
(d) Certificates issued by Post Office
(e) Stocks recognized by SEBI
10. Which of the following firmly tell many rules and regulations relating to NonPerforming Assets (NPA)?
(a) SEBI Act 1992
(b) Foreign Exchange Management Act 1999
(c) Banking Regulation Act 1949
(d) Indian Contract Act 1872
(e) Negotiable instrument act 1881