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Tuesday, August 9, 2016



1. Which Act was framed specially to monitor the Non-Performing Assets (NPA)?
1.   Banking Regulation Act 1949
2.   Foreign Exchange Management Act (FEMA) 1999
3.   Industrial Disputes Act 1947
4.   NPA Act, 2000
5.  SARFAESI Act, 2002

2. If any company which is a financial institution carrying on as its principal business the acquisition of securities is called as_______.
1.   Investment Company (IC)
2.   Loan Company (LC)
3.   Infrastructure Finance Company (IFC)
4.   Asset Finance Company (AFC)
5.   None of these

3. Which of the following is the largest network of shared automated teller machines (ATMs) in India?
1.   Immediate Payment Service(IMPS)
2.   National Financial Switch (NFS)
3.   Cheque Truncation System(CTS)
4.   Aadhar Enabled Payment System (AEPS)
5.   None of these

4. Name the bank, which partnered with UltraCash Technologies to launch payments processing through sound waves?
1) HDFC Bank                  
2) ICICI Bank
3) Yes Bank                                               
4) Axis Bank

5. Which of the following international organization has lead the race to buy stake in government controlled IDBI bank?
1.   Asian Development Bank
2.   Commonwealth Development Corporation
3.  GIC of Singapore
4.   International Finance Corporation
5.   None of these

6. Who was the first Governor of RBI?
1) Osborne Smith
2) James Braid Taylor
3) C.D.Deshmukh
4) Raghuram Rajan

7. Bank of Rajasthan was merged with which private sector bank?
1) HDFC Bank
2) Axis Bank
3) ICICI Bank
4) Kotak Mahindra Bank

8. Which bank are Public Sector Banks of India?
1) 50 % stake held by government
2) More than 50 % stake held by government
3) Less than 50 % stake held by government
4) None of the above

9. “Marginal cost of fund based lending rate system (MCLR)” has been replaced which of the following system?
3. SLR
4. Base rate system

10. When a country decides to conduct trade on favorable terms with another country for mutual benefits, this is called?
(1) FTA System
(2) Bilateral Trade
(3) MFN Status
(4) Counter Trade

1.5, 2.5, 3.2, 4.3, 5.4, 6.1, 7.3, 8.2, 9.4, 10.3,


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