BANK EXAM MATERIAL
PART-1
GENERAL
AWARENESS
1.
The ultimate controller of the principles of credit is -------?
A)
SBI B) SEBI C)IRDA D)NHB 5)RBI
2)
A Teaser loan is ---------?
A)
Interest collected at fewer rates at the beginning and more during the later
times.
B)
Interest collected at more rates at the beginning and more during the later
times.
C)
Interest collected at fewer rates at the beginning and less during the later
times.
D)
Interest collected at more rates at the beginning and less during the later
times.
E)
None
4)
If bank allows the account holders to have a negative balance on their bank accounts
and pay rate of interest on the excess amount used is called ------------?
A)
No draft facility
B)
White draft facility
C)Nil
draft facility
D)
Over draft facility
E)
Junk Draft facility
5)
Process of involving several different lenders in providing various portions of
a loan is called ------------------?
A)
Loan Syndication
B)
Loan payment
C)
Loan disguise
D)
Loan abutment
E)
None
6)
Which of the following provides the facility of revolving credit?
A)
Aadhar Card
B)
Identity card
C)
Credit card
D)
Debit Card
E)
None of these.
7)
Debit card is a ‘pay now product’. Then which card is called ‘pay later
product’?
A)
Voter Card
B)
LPG Card
C)
Credit card
D)
Debit card
E)
All of above.
8)
New Dead line for banks to comply with all securities such as EVM Chip Cards,
real fraud monitoring system, Use of pin by Point of Sales Terminals (POS)
extended to -------------- by RBI?
A)
31-12-2013
B)
1-6-2014
C)
31-8-2013
D)
30-11-2013
E)
None
9)
Which bank got ISO 270001 certificate for its risk management department from
the British standards institute recently?
A)
SBI
B)
RBI
C) Vijaya Bank
D)
Union Bank of India
E)
KVB
10)
In its monetary policy statement for 2013-2014, RBI took many decisions. Which of the following measure taken to curb
the gold imports by RBI?
A)
Granting advances for purchases of gold coins
B)
Granting advances for purchases of gold bullion
C)
Granting advances for purchases of gold jewellery
D)
Granting advances for purchases of units of gold ETFs
E)
All of above.