100 QUESTIONNS ON GENERAL

BANKING, BANKING REGULATIONS,

ETC.
1. The minimum withdrawal that can be made from a Small Coin Depot is
a) Rs.500 b) Rs.1000 c) Rs.50 d) Rs.100
2. As per which of the followin Acts! a person is considered leall" dead if he is
missin for more than # "ears$
a) %&idence Act b) Contract Act c) Companies Act d) Reistration Act
'. The percentae of profit that a ban( is re)uired to transfer to its reser&e fund as
per *an(in Reulation Act is ++++++,.
a) 25 b) 20 c) '0 d) 50
-. Summons to produce paid instruments or other documents b" .olice /fficer is
issued under Section ++++ of +++++++++++++
a) -502) of *an(in Reulation Act b) -20 of 1ndian .enal Code
c) 21 of Criminal .rocedure Code d) 10 of 3.1.Act
5. 1n terms of which Section of *an(in Reulation Act! 12-2 are ban(s re)uired to
close and balance their boo(s of accounts as on '1
st
4arch of e&er" "ear$
a) Sec. '2 b) Sec.-0 c) Sec. 50 d) Sec. 55
5. The *omba" Stoc( %6chane has launched a *an( 1nde6 in reconition of the
strenth and soundness of ban( scrips in terms of mar(et capitali7ation which is
(nown as ++++++.
a) *an( 1nde6 b) *an(e6 c) *an(te6 d) *inde6
#. 1n the wa(e of 8.C probe into the 9etan .are(h scam! R*1 has said that ban(s
should withdraw che)ue facilit" from account holders whose che)ues of
Rs.++++++ and abo&e bounce more than ++++ times in a financial "ear.
a) 1 crore ! ' times b) 5 crore! 2 times c) 2 crore! 2 times d) ' crore! ' times
:. ++++++1nde6 has been launched b" CR1S1; and 3S% representin the capital
mar(et performance of ban(in stoc(s in the countr".
a) CR3S *an( b) CR13 *an( c) C<3 *an( d) C3< *an(
2. 1ndia has ot the second larest mar(et for
a) 1nsurance fundin b) Credit card fundin c) =enture capital fundin
d) 3one of these
10. >hat is ?STR1.S@$
a) Speciall" Trusted and Responsible in 1ndian .ublic Ser&ice
b) Special Transferable Rihts for 1ntellectual .ropert" Sops
c) Societ" for Trade Representati&es of 1ndia! .a(istan and Sinapore
d) Separatel" Traded Reistered 1nterest and .rincipal Securities
11. >ho heads the >or(in Aroup set up b" R*1 to suest operations and
prudential uidelines on STR1.S$
a) 4.R.Ramesh b) =epa 9amesam c) 4. Damodaran d) 9.8.Bdeshi
12. >ho heads the hih le&el roup to re&iew the functionin of the Corporate Debt
Reco&er" 4echanism$
a) =iCa" 9el(ar b) Dr. 3ara"an c) A...4uniappan d) =epa 9amesam
1'. R*1 has de&eloped a short term li)uidit" forecastin model for li)uidit"
assessment to D
a) enable li)uidation of all nonEperformin assets
b) e&aluate the short term interaction of financial mar(ets and monetar"
polic" measures
c) assess all lon term assets and ma(e pro&isions based on different
maturit" periods
d) none of the abo&e
1-. As per R*1 uidelines! the ban(s which enerate ++++++ , of their re&enue from
international ban(s need to follow *asel F11 norms.
a) 10 b) 15 c) 20 d) 25
15. *an on loan defaulters from participatin in the o&ernmentGs disin&estments
process was souht b" ++++++
a) 1D*1 b) 1D*1 *an( c) S*1 d) 1*A
15. 4.%DA stands for D
a) 4achiner" .roducts %6port De&elopment Authorit"
b) 4achiner" .roducts %6port De&elopment Association
c) 4arine .roducts %6port De&elopment Authorit"
d) 4arine .roducts %6port De&elopment Association
1#. >hich of the statements is correct with respect to ARC1;$
a) S*1! 1C1C1 and HDIC form the core roup
b) 1ts other sta(eholders are Iederal *an( and South 1ndian *an(
b) The compan"Gs initial capital is Rs.10 crores
c) All the abo&e
1:. As per R*1 uidelines! what is the ma6imum tenor of the ban( loan in financin
promoterGs e)uit" in respect of infrastructure financin$
a) 5 "ears b) # "ears c) 15 "ears d) 3o such restriction
12. S.= stands forD
a) Share .rice =alue b) Special .urpose =ehicle c) Special .roduct =alue
d) 3one of these
20. *an(s ma" e6tend credit facilities to infrastructure proCects b" wa" of ++++
a) >or(in capital finance
b) Term loan J proCect loan
c) Subscription to bonds Jdebentures J shares
d) All the abo&e
21. %HT. stands for D
a) %lectronic Human Transfer .ricin
b) %lectronic Hub Transfer .rotocol
c) %lectronic Hardware Technolo" .ar(
d) 3one of the abo&e
22. >hich state tops in financin SHAs in the countr"$
a) Andhra .radesh b) 4aharashtra c) Tamil 3adu d) /rissa
2'. >hich amon the followin is the larest primar" dealer of Ao&ernment of 1ndia$
a) Securities Tradin Corporation of 1ndia b) R*1 c) DIH1 d) S*1
2-. >ho is responsible for the collection and publication of monetar" and financial
information$
a) Iinance 4inistr" b) Central Statistical /ranisation c) Auditor K
Comptroller Aeneral of 1ndia d) R*1
25. R*1 issues currenc" notes under the +++++++++++++s"stem.
a) Ii6ed fiduciar" b) minimum reser&e c) ma6imum fiduciar" d) proportion
reser&e
25. Ser&ice Ta6 pa"able b" ban(s on ta6able ser&ices is administered throuh
a) 1ncome Ta6 Department b) Iinance 4inistr" c) Central %6cise department
d) R*1
2#. The *adla s"stem is associated with D
a) Iorein %6chane b) Iorward Tradin c) Currenc" 4ar(et d) Commodit"
tradin
2:. 1n CA4%;S ratin! ; stands for +++++
a) ;e&erae b) ;oan .ortfolio c) ;eal compliances d) ;i)uidit"
22. R*1 has set up the 9alia Committee to stud" the ++++++.
a) financin of feature films b) L29 compliance b" ban(s c) the role of
3A/s and SHAs d) in&estment of plantation companies
'0. The roup appointed b" R*1 to loo( into frauds is headed b" +++++
a) 4itra b) 4alhotra c) 4ahade&an d) 4andal
'1. R*1 has said that ban(s will now ha&e to assin onl" ++++, ris( weihtae to
emplo"ee loans where the loan is co&ered b" superannuation benefits and
mortae of propert"! as aainst the earlier norm of 100, ris( weihtae.
a) 10 b) 25 c) 50 d) 20
'2. 1nterEban( term liabilities of maturit" of +++++ da"s and abo&e are e6empted from
the prescription of minimum CRR re)uirement of ',.
a) # b) 1- c) '0 d) -5
''. R*1 has decided to restrict ban(sG e6posure to the capital mar(et in all forms to
++++, ! which includes direct in&estments b" ban(s in e)uit" shares! con&ertible
debentures and unitEoriented mutual funds. 1t will also include ad&ances aainst
shares and debentures and uarantees issued on behalf of bro(ers.
a) 2 b) ' c) 5 d) 10
'-. *an(s and financial institutions ha&e to report to R*1 e&er" )uarter about the
cases of willful defaulters and submit separate reports on willful defaults of
Rs.+++ and abo&e.
a) 10 lacs b) 25 lacs c) -0 lacs d) 50 lacs
'5. As per R*1 uidelines! corporate debts abo&e Rs.+++++ crores! in cases relatin
outside *1IR and DRTs! would be eliible for restructurin.
a) 20 b) 25 c) 50 d) 100
'5. The minimum paid up capital for a local area ban( is Rs.5 crore! with the
promotersG contribution peed at a minimum of Rs.+++++ croreD
a) 1 b) 2 c) ' d) 2.5
'#. R*1 has ad&ised that ban(s should limit their in&estment in unrated or below
in&estment rade nonEo&ernment paper to +++++, of their total ad&ances as on
4arch '1 of the pre&ious "ear.
a) 5 b) 10 c) 15 d) 20
':. 1ndian ban(s are allowed to borrow from and in&est in the o&erseas mar(et up to
+++, of their unimpaired Tier 1 Capital or BSD10 million! whiche&er is hiher.
a) 10 b) 15 c) 20 d) 25

'2. Ior ban(s to enter insurance business as Coint &enture participants! the net worth
of the ban(s should be at least Rs.+++++ crore.
a) 100 b) 200 c) -00 d) 500
-0. The e6posure ceilin of ban(s in respect of an indi&idual borrower is ++++, of
the ban(sG owned funds.
a) 20 b) 15 c) 12 d) 10
-1. *an(s are re)uired to classif" the entire in&estment portfolio includin S;R and
nonES;R securities under three cateories D ?held to maturit"@! Ma&ailable for sale@
and ?held for tradin@. The in&estments in the ?held to maturit"@ cateor" should
not e6ceed ++++++, of the total in&estments.
a) 10 b) 15 c) 20 d) 25
-2. The ilt eded mar(et in 1ndia refers to the mar(et for
a) lon term pri&ate securities b) corporate securities c) o&ernment
securities d) bonds and debentures
-'. *an(sG credit e6posure norms to borrowers belonin to a roup ma" e6ceed the
e6posure norm of -0, of the ban(sG capital funds b" an additional ++++,!
pro&ided the additional credit e6posure is on account of e6tension of credit to
infrastructure proCects.
a) 20 b) 5 c) 10 d) 15
--. *an(sG credit e6posure to sinle borrower ma" e6ceed the e6posure norm of 15,
of the ban(sG capital funds b" an additional ++++,! if it is for infrastructure
finance.
a) 2 b) # c) 10 d) 5
-5. *an(in ser&ices comin under the Ser&ice Ta6 net include D
a) financial leasin b) credit cards c) merchant ban(in d) all the abo&e
-5. >hile calculatin Capital Ade)uac" Ratio! ban(s will ha&e to ensure that D
a) Tier 11 capital does not e6ceed Tier 1 capital b) subordinated debt instruments
are limited to 50, of Tier 1 capital c) Re&aluation Reser&e is ta(en at a
discount of 55, d) All the abo&e
-#. Asset Care %nterprises 0AC%) is promoted b" ++++
a) 1IC1 and .3* b) 1IC1 and */* c) 1IC1 and S*1 d) 1IC1 and Canara *an(
-:. Ior the first time! R*1 issued a notice under .rompt Correcti&e Action aainst D
a) S"ndicate *an( b) Dena *an( c) BC/ *an( d) 1ndian *an(
-2. >hich is the first pri&ate sector ban( to et 1S/ 2001D2000$
a) 1C1C1 *an( b) BT1 *an( c) 1D*1 *an( d) 1ndus 1nd *an(
50. 1ncome of senior citi7ens is not ta6able upto a limit of Rs.+++++++lacs
a) 1.50 b) 1.25 c) 1.'5 d) 1.:0
51. The ris( weihtae on loans aainst residential propert" has been reduced from
100, to +++++,
a) #5 b) 50 c) 55.55 d) #5
52. >hich of the followin is not true in respect of Commercial .aper$
a) 1t can be issued as a standEalone facilit" b) 4inimum issue is Rs.5 lacs c)
C.s can be underwritten d) Tanible networth of the compan" should be at leat
Rs.- crores
5'. 1f the chare on the assets of a compan" has to be reistered with the Reistrar of
Companies after 50 da"s of its creation! the permission of ++++ is re)uired.
a) Reistrar of Companies b) Compan" ;aw *oard c) S%*1 d) *oard of
Directors
5-. 1rrespecti&e of claim period! Ao&ernment uarantees can be claimed up to ++++
"ears from the e6pir" date.
a) ' b) 12 c) 5 d) '0
55. Corporates intendin to issue Commercial .aper t o the e6tent of ++++, of their
wor(in capital limit can do so under the automatic route.
a) 50 b) ''.'' c) 25 d) -0
55. Ris( weihtae on bills purchased J bills purchased is ++++++,.
a) 50 b) 100 c) 25 d) #5
5#. >hat is the period of &alidit" of a decree of a Ci&il Court$
a) ' "ears b) 5 "ears c) 10 "ears d) 12 "ears
5:. ++++++++++Committee relates to 3.A 4anaement.
a) Tarapore b) 4aheswari c) 9alia d) 9apoor
52. 1n case of a timeEbarred debt! ban(erGs lien or setEoff
a) cannot be e6ercised without the permission of a court
b) cannot be e6ercised as the debt is not recei&able
c) cannot be e6ercised without the borrowerGs consent
d) can be e6ercised as the effect of limitation is to bar the leal remed"! and
not e6tinuish the debt.
50. The difference between a term loan and a deferred pa"ment uarantee is
a) end use of funds b) repa"ment c) outla" of funds d) no difference
51. *an(s are allowed an enhanced deduction of +++++, of their total income aainst
pro&isions made for bad and doubtful debts.
a) 15 b) #.5 c) 10 d) 12.5
52. >hen the shortfall in lendin to aricultural sector is more than 2,! the rate of
interest o the deposit to be maintained with R1DI01<) Series is
a) *an( Rate minus 1.5, b) *an( Rate plus 1.5, c) *an( Rate minus 0.5,
d) *an( Rate plus 0.5,
5'. Aariculture is the stud" of ++++++.
a) tissues b) aromatic plants c) herbs d) mushrooms
5-. R*1 has allowed ban(s to set up offEshore ban(in units within Special %conomic
Nones in &arious parts of the countr" with a minimum in&estment of
BSD+++++++million.
a) 5 b) 20 c) 10 d) 15
55. Ao&ernment has increased the automatic appro&al of fresh e6ternal borrowins
upto BSD++++++ million.
a) 500 b) 100 c) 200 d) 50
55. 4o&in towards full con&ertibilit" of the rupee! resident 1ndians can now
maintain forein currenc" accounts (nown as +++++ account.
a) IC3R b) 3R% 0Domestic) c) 1ndian Iorein Currenc" d) Resident
Iorein Currenc" 0Domestic) account
5#. %6port credit should form at least ++++++, of the net credit of a ban(.
a) 12 b) 5 c) 15 d) :
5:. 3R1s J .1/s can repatriate up to BSD++++++ from sale proceeds of immo&able
properties per calendar "ear from the balances in 3R/ accounts.
a) 50!000 b) 100!000 c) 1000! 000 d) 3one of the abo&e
52. R*1 has liberali7ed the procedure for ad&ance remittance b" authori7ed persons
upto BSD++++++ or e)ui&alent without ban( uarantee for import of oods into
1ndia.
a) 50!000 b) 100!000 c) 1000!000 d) 2000!000
#0. Returns on o&erdue import bills are submitted ++++++++.
a) )uarterl" b) monthl" c) halfE"earl" d) fortnihtl" as on 15
th
and last
wor(in da" of the month.
#1. 1ndian companies are freel" permitted to ma(e o&erseas in&estments upto ++++,
of their net worth.
a) 50 b) 25 c) 100 d) 200
#2. >hat town in the countr" is the strateic hub for dr" flowers e6ports$
a) .aradeep b) Chennai c) Tuticorin d) 4analore
#'. *an(s which )ualif" to pa" di&idends would be eliible to pa" di&idend without
obtainin prior appro&al of R*1! pro&ided the di&idend pa"out ratio does not
e6ceed ++++++,
a) 20 b) 25 c) ''.'' d) '0
#-. >hich committee has recommended the 3eotiated Dealin S"stem$
a) ="as b) Aupta c) R.H..atil d) Dr.A.S.Aanul"

#5. ++++, of the decreed amount of DRT has to be deposited before appeal to Debt
Reco&er" Appellate Tribunal .
a) #5 b) 50 c) 50 d) 25
#5. The new name of the 4inistr" of 3R1 Affairs is +++++.
a) 4inistr" of 3R1 and .1/ affairs b) 3R1 K .1/ >elfare department
c) /&erseas 1ndians >elfare Department d) 4inistr" of /&erseas 1ndian Affairs
##. The first DRT to be awarded the 1S/ 2001 certification for adherin to )ualit" in
reco&er" of outstandin dues to ban(s and financial institutions is DRT! ++++++.
a) Chennai b) 4umbai c) *analore d) H"derabad
#:. .ress 3ote 1: relates to ++++++
a) 1n&estment b) Reser&ation in the pri&ate sector c) Re&enue deficit
d) Iiscal deficit
#2. As per R*1 uidelines! there should ++++ number of wor(in directors in a public
sector ban(.
a) four F Chairman! 4D and 2 %ds
b) As per the discretion of the ban( concerned
c) Two F C4D and %D
d) *an( has to refer to R*1 and ta(e prior appro&al
:0. As per 1RAC norms! in case of dela"ed submission of stoc( statement b" b" a
borrower! the account shall be considered out of order if the dela" is O
a) one month or more b) two months or more c) three months or more d) si6
months or more
:1. Bnder BC.DC! if )uantit" is not specified! to be e6ceeded or reduced! it should
not e6ceed the tolerance le&el of D
a) 1,P b) 10,P c) ',P d) 5,P
:2. 1ncome Ta6 challan is &alid for +++++ da"s.
a) 10 b) '0 c) 20 d) unrestricted period
:'. Sales Ta6 challan is &alid for ++++++ da"s.
a) 10 b) '0 c) 20 d) unrestricted period
:-. Ra(esh 4ohan Committee is related to ++++
a) Reforms in 3*ICs b) Administered interest rates for small sa&ins
c) Bpradation of industrial production d) 3one of the abo&e

:5. Hihest unclaimed deposits are with ++++++
a) Canara *an( b) S*1 c) 1D*1 *an( d) Corporation *an(
:5. ?Carr" "our account with "ou@ is the punch line of +++++ *an(.
a) S*1 b) BT1 c) 1D*1 d) 13A ="s"a
:#. /n li)uidation of a ban(! D1CAC is liable to pa" each depositor throuh the
li)uidator! the amount of his deposit up to Rs.+++++ within +++ months from the
date of receipt of claim list from the depositor.
a) 1 lac! 1 month b) 1 lac! 2 months c) 1 lac! ' months d) 2 lacs! 5 months
::. The first ban( in 1ndia to enter South %ast Asia b" openin a branch in 4ala"sia
was D
a) S*1 b) /*C c) *an( of 1ndia d) *an( of *aroda
:2. >hich one of the followin crops is (nown as >hite Aold in 4aharashtra$
a) Suarcane b) >heat c) Rice d) Cotton
20. >ho manaes the Rural 1nfrastructure De&elopment Iund$
a) R*1 b) 4inistr" of Ariculture c) 1CAR d) 3A*ARD
21. A consortium scheme with a corpus of Rs.+++++crore has been set up for the
ban(in s"stem to pro&ide finance to the 9hadi K =illae 1ndustries *oards.
a) 250 b) 500 c) 1000 d) #50
22. ;oans up to Rs.+++++ lacs are co&ered under Credit Auarantee Trust Iund
Scheme for SS1.
a) 1 b) 25 c) 50 d) 100
2'. Credit facilities upto Rs.+++++ lacs ranted for distribution of inputs for acti&ities
allied to ariculture such as cattle feed! poultr" feed! etc. are eliible to be
rec(oned as indirect finance to ariculture under the priorit" sector.
a) 15 b) 20 c) 25 d) -0
2-. 1f a document e6ecuted in one state has to be admitted in e&idence in another
State! where stamp dut" is hiher! it is re)uired to be additionall" stamped within
++++ months from its arri&al in the latter State.
a) ' b) 1 c) 2 d) 5
25. 1f an ac(nowledment of debt is unstamped at the time of e6ecution! it ++
a) cannot be admitted in e&idence
b) it can be admitted after pa"ment of stamp dut"
c) it is &alid and effecti&e
d) none of these
25. A document e6ecuted outside 1ndia should be stamped within ++++ months of its
arri&al in 1ndia.
a) 1 b) 2 c) ' d) 5
2#. The .4RL Scheme stipulates reser&ation for SCJST to the e6tent of
a) 25, b) 12.5, c) 20, d) 22.5,
2:. Ad&ances to priorit" sector co&er which mar(et sements$
a) S1*! AA; b) S1*! AA; K Housin ;oans c) S1*! AA;! %ducation loans
d) S1*! AA;! %ducation loans and Housin loans upto Rs.15 lacs
22. The 3ational Iinancial Switch! promoted b" 1D*RT relates to D
a) AT4 connecti&it" amon ban(s
b) Sinle Iinancial 3etwor( for ban(s
c) 1nternet *an(in connecti&it"
d) 3one of the abo&e
100. The authori7ed capital of Clearin Corporation of 1ndia is Rs.++++ crores.
a) 20 b) 25 c) 50 d) 15
1 C 1
1
A 2
1
C '
1
C -
1
D 5
1
B 5
1
A #
1
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1
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2
D 2
2
A '
2
C -
2
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2
C 5
2
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2
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B 2
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C 5
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B 5
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B 2- A
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5
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5
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5
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5 B 1
5
C 2
5
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5
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1
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