Q. The holidays for the Banks are declared as per__________
1) Reserve Bank Act
2) Banking Regulation Act
3) Negotiable Instruments Act
4) Securities and Exchange Board of India Act
Q. BSE (Bombay Stock Exchanges), the oldest stock exchange in Asia, has joined hands with one more International index in February 2013. This association has resulted in change of name of BSE index. What is the change of name effected?
1) Dow Jones BSE Index
2) NASDAQ BSE Index
3) S & P BSE Index
4) Euronext BSE Index
Q. Banking Ombudsman is appointed by__________
1) Government of India
2) State Governments
3) RBI
4) ECGC
Q. The European Union has adopted which of the following as a common currency?
1) Dollar
2) Dinar
3) Yen
4) Euro
Q. Prof. Muhammad Yunus, the recipient of the Nobel Peace Prize 2006, is the exponent of which of the following concepts in the field of banking?
1) Core Banking
2) Micro Credit
3) Retail Banking
4) Internet Banking
Q. The NRIs while investing in the equity of a company cannot buy more than prescribed percentage of the paid up capital of that company. What is the prescribed percentage?
1) 2%
2) 3%
3) 5%
4) 4%
Q. What does the term Depreciation mean as used in finance/banking operations?
1) Closure of a Plant due to lock out
2) Reduction in the value/loss of equipment/plant over a time due to wear and tear
3) Loss incurred during a year due to plant break down
4) Unusually high repair expense incurred on the plant during the year
Q. When did the Reserve Bank of India become a State-owned institution?
1) 1956
2) 1952
3) 1950
4) 1949
Q. Which of the following countries is not member of ASEAN?
1) Thailand
2) Vietnam
3) Myanmar
4) Brazil
Q. Which of the following factors is the most significant among the multiple factors that go into the formulation of Minimum Support Prices for the major agricultural products which are announced each year?
1) Changes in input price
2) Trends in market prices
3) Cost of production
4) Parity between prices paid and prices received by farmers
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