Q. BANCON 2013 was held at -
1) New Delhi
2) Chennai
3) Bengaluru
4) Mumbai
Q. Bhartiya Mahila Bank kicked off operations on -
1) October 2, 2013
2) November 19, 2013
3) August 15, 2013
4) October 2, 2013
Q. Many times we read a term in newspapers Basel-I/Basel-II. The term is associated with which of the following fields?
1) Sports
2) Banking & Finance
3) Parliamentary Procedures
4) Science & Technology
Q. A firm is said to be of optimum size when
1) average total cost is at a minimum
2) marginal cost is at a minimum
3) the firm is maximising its proit
4) none of these
Q. Which of the following is the most essential financial service which should be provided to the poor people to bring them in network of financial inclusion?
1) Insurance for life
2) Investment plan for future
3) Pension for old age
4) A bank account where he/she can save small amount
Q. In relation to banking, what do you understanding by "Ever-Greening of Loan Account"?
1) Full repayment of a loan account before maturity-prepayment
2) Full repayment of a loan account exactly at maturity
3) Fresh loan sanctioned during the tenure of account for enhancement of limits
4) Adjusting the NPA/Sticky account with fresh sanction of loans
Q. A bank is called as 'Schedule Bank' when
1) Its business has crossed one crore rupees
2) Its branch network is over 100
3) It is included in the second schedule of the RBI Act
4) When it complies with all the three above
Q. Which of the following functions is not being performed by the Reserve Bank of India?
1) Regulation of Banks in India
2) Regulation of Foreign Direct Investment in India
3) Foreign Currency Management in India
4) Control & Supervision of Money Supply
Q. When a customer opens a Deposit account with the Bank, Which one of the following is the status of the Bank?
1) Debtor
2) Creditor
3) Trustee
4) Beneficiary
Q. Equilibrium income is that level at which
1) Full Employment exists
2) Actual saving is equal to actual investment
3) The community is spending exactly all of its income on consumption
4) The amount which society wishes to spend on investment is equal to the amount of its income which it does not wish to spend on consumption
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