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Your IIBF Sample Question Results

Results Summary
Total Marks: 936
1. A public sector bank of is a body corporate created under special statute
True
False
The Correct Answer is :
True
2. A banking company is registered under the Banking Regulation Act
True
False
The Correct Answer is :
False
3. Cooperative banks are registered under the Cooperative Societies Act
True
False
The Correct Answer is :
True
4. Subsidiaries banks are companies registered under the Companies Act
True
False
The Correct Answer is :
False
5. Accepting deposits for safe custody would fall within the definition of ‘banking’
True
False
The Correct Answer is :
False
6. Reserve Bank was constituted under _______
A. BR Act
B. RBI Act
C. Companies Act
The Correct Answer is :
B. RBI Act
7. A Regional Rural Bank is ________________.
A. A body corporate created under a special statute
B. A cooperative society
The Correct Answer is :
A. A body corporate created under a special statute
8. Banking companies are licensed by _______ .
A. Reserve Bank
B. Registrar of companies
C. Company Law Board).
The Correct Answer is :
B. Registrar of companies
9. Business which a banking company may undertake other than banking is as stipulated by
______________
A. Reserve Bank
B. BR Act
C. RBI Act).
The Correct Answer is :
B. BR Act
10. BR Act was enacted for _________ regulating acceptance of deposits from public).
A. Regulating banking companies
B. Creating Reserve Bank
The Correct Answer is :
A. Regulating banking companies
11. Central Government can give direction to the Reserve Bank.
True
False
The Correct Answer is :
True
12. All business of banks are regulated only by the Reserve Bank.
True
False
The Correct Answer is :
False
13. Central Government is the primary regulator of banks.
True
False
The Correct Answer is :
False
14. The State Government has no control over cooperative banks.
True
False
The Correct Answer is :
False
15. On cancellation of licence of any bank, an appeal lies to Central Government.
True
False
The Correct Answer is :
True
16. Cooperative bank operating in different states are regulated by _______
A.State Cooperative Societies Act

B.Multi-Unit Cooperative Societies Act
C.Banking Laws (application to Cooperative Societies Act)
The Correct Answer is :
B.Multi-Unit Cooperative Societies Act
17. Government can exempt a bank from provision of BR Act ______
A.On the recommendation of RBI
B.Whenever the government is satisfied
C.If requested by a bank
The Correct Answer is :
A.On the recommendation of RBI
18. ________ exercises the central banking function in India,
A.State Bank, Central Bank of India
B.Reserve Bank of India
The Correct Answer is :
B.Reserve Bank of India
19. Company matters of a banking company are regulated by ______
A.Reserve Bank
B.Authorities under Companies Act
C.SEBI
The Correct Answer is :
B.Authorities under Companies Act
20. Trading in shares and securities by banks is subject to control by ______
A.Controller of Capital Issues
B.SEBI
C.Company Law Board
The Correct Answer is :
B.SEBI
21. Section 5(b) of ______ Act gives the definition of the term ‘Banking’
A.Contract Act,
B.Negotiable Instruments Act,
C.Banking Regulation Act,
D.Transfer of Property Act.
The Correct Answer is :
C.Banking Regulation Act,
22. Principle functions of the Bank are:
A.Dispatch of statements,
B.Adjustment of Interoffice Transactions,
C.Clearing
D.Acceptance of deposits for Lending and investment.
The Correct Answer is :
D.Acceptance of deposits for Lending and investment.
23. In a deposit account the principal relation between Bank and Customer is bank
___________ and the Customer ________.
A.Agent, Principal
B.Lessor, Lessee
C.Creditor-Debtor
D.Debtor-Creditor
E.Bailor-Bailee
The Correct Answer is :
D.Debtor-Creditor
24. When a Bank lends money the relation between Bank and Customer is Bank
_____________ and Customer ________.
A.Agent, Principal
B.Lessor, Lessee
C.Creditor-Debtor
D.Debtor-Creditor
E.Bailor-Bailee
The Correct Answer is :
C.Creditor-Debtor
25. In case of safe custody of articles relation between Bank and Customer is Bank
___________ and Customer _________.
A.Agent, Principal
B.Lessor, Lessee
C.Creditor-Debtor
D.Debtor-Creditor
E.Bailor-Bailee
The Correct Answer is :
E.Bailor-Bailee
26. In case of safe deposit licker the relation between Bank and Customer is Bank
_______________ and Customer _________.
A.Agent, Principal
B.Lessor, Lessee
C.Creditor-Debtor
D.Debtor-Creditor
E.Bailor-Bailee
The Correct Answer is :
B.Lessor, Lessee
27. An individual can start a bank.
True
False
The Correct Answer is :
False
28. A banking company should have the word ‘Banking’ in its name
True
False
The Correct Answer is :
True

29. A company engaged in manufacture of furniture can use the word ‘Bank’ in its name.
True
False
The Correct Answer is :
False
30. Ledger keeper is authorised to disclose the balance of the account of the customer to a
stranger.
True
False
The Correct Answer is :
False
31. Line is a/an ________ of the creditor to retain possession.
A.Obligation
B.Right
C.Interest
D.Protection
The Correct Answer is :
B.Right
32. Where as general lien gives right to retain goods, Banker’s lien has _________ in case of
default.
A.right to create charge
B.right to create mortgage
C.right to sell.
The Correct Answer is :
C.right to sell.
33. General lien gives the creditor right to retain ________ which have come in his
possession.
A.all goods
B.some goods
C.specific goods
The Correct Answer is :
A.all goods
34. Particular lien gives the creditor right to retain ________ in case the expenses incurred
are not paid.
A.all goods
B.some goods
C.specific goods
The Correct Answer is :
C.specific goods
35. Banker’s lien is a/an _________.
A.hypothecation
B.mortgage
C.implied pledge
D.pledge
The Correct Answer is :
C.implied pledge
36. In case of __________ goods, Banker’s lien is not applicable.
A.owner’s goods
B.stolen goods
C.finished goods
The Correct Answer is :
B.stolen goods
37. The right to _______ two accounts is known as set-off.
A.Open
B.Banker’s right
C.Combine
The Correct Answer is :
C.Combine
38. Right of set-off is not discretionary right with the bank. .
True
False
The Correct Answer is :
False
39. With the death of a partner of a partner of a firm having a cash credit account the account
of the firm can continued as thitherto.
True
False
The Correct Answer is :
False
40. Transfer of funds from the partnership account to the credit of the account of a partner to
set-off a debit balance, is in order.
True
False
The Correct Answer is :
False
41. The right of set-off is __________.
A.Customer’s right
B.Banker’s right
C.Banker’s obligation
D.Bank’s descrition.
The Correct Answer is :
D.Bank’s descrition.
42. Garnishee order is issued by _______.
A.Police officer
B.Revenue authority
C.Inforcement authority

D.Court of Law
The Correct Answer is :
D.Court of Law
43. Attachment order is issued by __________.
A.Drawer of a cheque
B.Revenue authority
C.Manager of bank
The Correct Answer is :
B.Revenue authority
44. Mandate is _________ .
A.Signed letter to the Bank
B.Order of the court of law
C.Memorandum of understanding
D.Unstamped letter to the Bank
The Correct Answer is :
D.Unstamped letter to the Bank
45. Power of attorney is _________.
A.Signed letter to the Bank
B.A promissory note
C.Garnishee order
D.Stamped documents.
The Correct Answer is :
D.Stamped documents.
46. Person to whom a power of attorney is given is called _________ and the person who
gives the Power of attorney is called _________.
A.Debtor-Creditor
B.Bailor-Bailee
C.Agent, Principal (donor, donee)
The Correct Answer is :
C.Agent, Principal (donor, donee)
47. A letter of mandate is generally issued for a short or temporary period.
True
False
The Correct Answer is :
True
48. Mandates are accepted from limited companies and cooperative societies.
True
False
The Correct Answer is :
False
49. Special power of attorney gives extensive powers to the agent to perform many acts. .
True
False
The Correct Answer is :
False
50. Garnieshee order is issued by the revenue authorities. .
True
False
The Correct Answer is :
False
51. Attachment order is issued by the Court of Law.
True
False
The Correct Answer is :
False
52. Promissory Notes, Bills of Exchange and cheque are together defined as____________
A.Negotiable instruments
B.Transferred instruments
C.Trust Receipts
D.Documents of Title to goods.
The Correct Answer is :
A.Negotiable instruments
53. N.I.are easily ________
A.transferable
B.gifted
C.sold
The Correct Answer is :
A.transferable
54. a cheque is drawn on a __________
A.owner of ship
B.an agent of a principal
C.bank
The Correct Answer is :
C.bank
55. a cheque is payable on a _________
A.demand
B.after certain days
C.on a fixed future date.
The Correct Answer is :
A.demand
56. Two parallel transverse lines across the cheque is called _________
A.endorsement
B.transfer
C.assignment
D.crossing

drawer B. Acts done honestly is called acts done.restrictive The Correct Answer is : B. A.full B. A holder-in-due accepts N. The crossing in a crossed cheque can be cancelled by ________.drawer B. True False The Correct Answer is : True 64. A cheque needs acceptance. True False The Correct Answer is : True 68.in good faith The Correct Answer is : D. When a cheque is drawn on a bank is called the __________.paying 58. A. Transferee of a negotiable instrument will not get a better title transferor.without negligence B.payee C.mollified D. A promissory note can be crossed.blank 62. A.in good faith 61.drawer B.ask the drawer D.drawee 59.rashly C. A banker on whom a cheque is drawn by customer is ___________. True False The Correct Answer is : False 70. Mere signature of the payee on the reverse of the instrument is called ________ endorsement A.drawee The Correct Answer is : A.acceptor D. True False The Correct Answer is : False 69.Do not touch me C.Collecting banker .acceptor D.The Correct Answer is : D.drawee The Correct Answer is : D. Drawee of a cheque is not a banker.collecting The Correct Answer is : C.without liability to me 63. A. Crossing of a cheque can be done by the drawer only. ‘Sans recourse’ means _______. True False The Correct Answer is : False 65. . for consideration.blank C.I am not afraid B. Crossing is a direction to the ________ bank to pay the cheque to the payee through a bank.crossing 57.conditional D. A. A cheque is a Bill of Exchange. True False The Correct Answer is : False 71.without liability to me The Correct Answer is : D.I.drawer 60.endorser C.endorser C. A.paying D. True False The Correct Answer is : False 67. A cheque can be issued payable after 3 month from the date of its issuance. True False The Correct Answer is : False 66.

in good faith and without having reason to doubt the bonafide of the presendor.Collecting banker B.Advising banker D.I. a collecting bank has to collect a ______for credit of is customer A.crossed cheque The Correct Answer is : D.stale cheque B.acceptable The Correct Answer is : A.stop payment letter D. A. A.Confirming banking. A. The Correct Answer is : B.Confirming banking.Paying banker 75. Acts extends protection to the __________. A.tally 77.late payment C. Where a customer has issued a cheque date of which is yet to come.Paying banker C.future payment D. A.reasonable C. A.B.Collecting banker B. True False The Correct Answer is : False 83. The Correct Answer is : A.differ B.tally C.Paying banker C. True False The Correct Answer is : True 82. Payment of a postdated cheque by a banker is in order.letter of authority B.stolen cheque B. True . The Correct Answer is : B.Collecting banker B.liable B. To get the protection under S / 131. When a bank pays a cheque according to the apparent tenor. A.payment in due course 80.postdated cheque D. such a cheque is called ____.Confirming banking. A. Acts extends protection to the __________.Advising banker D. The Correct Answer is : C.payment in due course The Correct Answer is : D. Payment of cheque must be made by the banker within banking hours. The Correct Answer is : A. A banker who collects a cheque for and on behalf of his customer is __________.stop payment letter 78.Paying banker C.post-dated cheque C.letter of continuity. A bearer cheque is always payable to bearer.I. When a banker makes payment of a cheque after banking hour he will be held __________.stolen cheque The Correct Answer is : B.crossed cheque D.stale cheque C.post-dated cheque 79.crossed cheque 81. such payment is ___________. Where a customer by a letter has advised the bank directing the banker not to honour / pay a particular cheque such a letter is called _________.liable 76.Advising banker D.Collecting banker 74.Advising banker D.be clear The Correct Answer is : B. Section 131 of N.letter of credit C.wrong payment B.Confirming banking. Section 85 of N.Collecting banker 73.Paying banker 72. One of the condition to honour the cheque by the paying banker is that amount in words and figures should ____________.Paying banker C.

minimum 96. If a cheque is stolen in transit and presented at the drawee bank by a holder in due course case and if the cheques is paid by the bank in due course in a case the drawee bank would be _______.on demand B.interest. where the signature of the drawer of a cheque is not genuine.forged cheque 88. A.not crossing B. 95. The Correct Answer is : D.False The Correct Answer is : True 84.be held liable B. True False The Correct Answer is : False 86. is in order.one year The Correct Answer is : C. Payment of a cheque at a branch other than the branch where it is payable.after 5 years The Correct Answer is : A.Statements C.optional .would not be held liable 87. when a drawer draws a cheque without keeping sufficient balance and if the cheque is dishonoured for insufficient funds.Customer service D. True False The Correct Answer is : False 89.clearing cheque D.would be found guilty The Correct Answer is : B. true owner of a cheque will be entitled for payment even when the cheque has been lost and it has reached the hands of holder in due course. Section 138 states that drawer of a cheque is liable to be punished if the cheque is bounced for ___________. where a person has lost an article and if the article comes in procession of a bonafide purchaser.would not be held liable C.being postdated D.maximum B.interest. True False The Correct Answer is : True 91.alteration in figures C.four month C. A. the drawer is punishable with and imprisonment which may extend to ________ and or a fine.one year 93. such a cheque is called _________. the bonafide purchaser will not be entitled to the article.last balance The Correct Answer is : C.two months B.insufficient fund 92. Current deposits are not entitled to ________. A.after one year D.Cheque book B. In savings deposits interest is paid on _______ balance in the a/c between 10th to last working day of the month A. Introduction in all deposits accounts is _________ A. A.at any future date C. Demand deposits are those which can be withdrawn __________.average C. A.post-dated cheque B.minimum D.stale cheque The Correct Answer is : B. Stopped payment cheques should be paid by the banker.on demand 94. True False The Correct Answer is : False 85. A. True False The Correct Answer is : False 90.forged cheque C. a forged cheque is a valid cheque.insufficient fund The Correct Answer is : D.

A minor below age of 7 can open an account independently.B.the bank D.293(1) D.liqudator The Correct Answer is : D.can not The Correct Answer is : B.80 B.can B. A.50 C.5(b) The Correct Answer is : C. __________ is a person appointed by the Court to wind up the company. A Will need not be probated by a court.75 D. True False The Correct Answer is : True 102.holder in due close. True False The Correct Answer is : False 101. The Trustees _________ delegate their powers. The Correct Answer is : C. When a customer dies contractual relationship between the bank and the customer is terminated.the government B.without limit. Government companies are companies where the government holds at least ________ % share of the company. If a customer tenders a cheque for payment when he is drunk bank should not have witness at the time of signing and the payment.7 103. Public limited company should have a minimum of at least ________ members. Section ______ of the company Act details the borrowing limits of the company.can not 106.7 D.Administrator B.51 104.liqudator 109. A. A.compulsory C. The Correct Answer is : C.85(A) B.holding of power of attorney C. True False The Correct Answer is : False 98.Executor C.compulsory 97.Executor D. A. True False The Correct Answer is : True 99.Executor 107. A. the person appointed by the court to look after the property under letter of administrator is executor True False .15 C.RBI The Correct Answer is : B.31 C. A partner has no implied authority to admit the liability in any suit client filed against the firm.51 The Correct Answer is : D. Execution of a will is entrusted to __________ A.293(1) 105. True False The Correct Answer is : False 100.Registrar D. Administrator is a person appointed by __________ to look after the property under letter of Administrator.50 B.the Court C. A.Administrator B.the Court 108.discretion of the bank The Correct Answer is : B.

basis B.Term Deposits 117.record 124.FCNR (B) and NRE B. True False The Correct Answer is : True 120.Recurring Deposits The Correct Answer is : A. True False The Correct Answer is : False 122. True False The Correct Answer is : False 121. 293 (i)(d) of company Act stipulates the borrowing limit of a limited company. No loans should be granted to clubs and associations True False The Correct Answer is : True 113. NRNR & FCNR (B) accounts can be kept in the from of _________ deposits A. Passbook is a _______ of transactions between the customer and the bank.Saving Deposits D.FCNR (B) and NRE B. proper________ should be given to the customer A. Rate of interest payable on NRO. A. Accounts jointly with residents can be opened in the case of __________ accounts.open C. True False The Correct Answer is : True 112. Memorandum of Association stipulates internal rules of a company True False The Correct Answer is : False 115. True False The Correct Answer is : True 116. The banker should not ________ the account of his customer unless there is justifiable reason for the closure.Current Deposits C.transfer The Correct Answer is : A.NRO and NRNR 118.root The Correct Answer is : C.NRO and NRNR The Correct Answer is : A. Saving and Recurring Deposits. NRE and FCNR Deposits are left to the discretion of Banks. the person who is entrusted with the work of execution of the will is called executor. The term Non-resident Indian means an individual being a citizen of India or a person of Indian origin outside India. Trustees cannot delegate their powers. True False The Correct Answer is : True 111.thanks letter .source C.FCNR (B) and NRE 119.close B. A.record D.The Correct Answer is : False 110. Accounts jointly with residents cannot be opened in the case of __________ accounts.Term Deposits B. Article of Association lays down objects of the company. A. When account is following is closed by the bank.close 123. True False The Correct Answer is : True 114. FCNR (B) account can be kept in the Current. A.NRO and NRNR The Correct Answer is : B.

account is allowed to continue. A.demand The Correct Answer is : C. Second Tranche of OSMOS returns cover A. A borrowal account is designated as non performing asset when the interest and/or instalment remains unpaid for A.Deposits D.2 quarters C.1 quarter B.newly licensed banks during first year 136.on-site.interest rates B.ownership pattern of deposits The Correct Answer is : B.20% and 40% B.3% and 25% 130.liquidity and interest rate exposures .5% and 30% The Correct Answer is : B.Capital adequacy.notice 125. Quarterly on-site visits are undertaken in respect of A.B.monthly B.3% and 25% C.Capital adequacy. dies the bank should close the account. Passbook is a copy of the customer’s account. income recognition.monthly / quarterly / half-yearly The Correct Answer is : C.monthly / quarterly / half-yearly 137. commodity prices C.monthly / quarterly C. off-site B. respectively.notice D.fresh audit The Correct Answer is : A.stock.supervisory letter B. Assets classification and Provisioning The Correct Answer is : D. off-site 134. True False The Correct Answer is : True 128. True False The Correct Answer is : False 127. True False The Correct Answer is : True 126.guarantee C. Assets classification and Provisioning 132. When banker receives intimation of death of the customer.on-site.2 quarters 133. On-site inspection is followed by A. True False The Correct Answer is : False 129. The present CRR and SLR requirements are ________ .Total risk weighted assets 131.Method of lending C. A. When a banker of a partnership account who has got an account with the bank. stock market The Correct Answer is : A.3 quarters D.Total risk weighted assets The Correct Answer is : C. RBI ensures that banks operate within set norms by conducting _________ inspections and _________ monitoring.Total assets C. New Prudential Accounting Norms cover A.all banks B.newly licensed banks during first year The Correct Answer is : C.field. income recognition.Total liabilities B.asset quality B. Frequency of First Tranche Returns is A. Present minimum capital adequacy ratio is 9% of A.4 quarters The Correct Answer is : B.urban co-operative banks C.supervisory letter 135.liquidity and interest rate exposures C. When a banker closes the account of the customer he is not required to send any notice.renewal of licence C.

what relationship is created when the bank collects a cheque in clearing.not to pay cheque .non fund business and remittance services D.VRS for staff B. A credit voucher for Rs. what document is executed: A.creditor – debtor 144. a moratorium order can be issued by the High Court for a maximum total period of A.creditor and debtor E.government bond C.none The Correct Answer is : D.creditor and debtor 148. when any FDR is lost by a customer of a bank.demand draft issued by bank D.collecting bank and holder 146.cash deposited with cashier by customer B. Mr nanhe has a bank account and credited RS 20 lakh in it subsequently he has arrested on charges of fraud. Under Section 37 of the Banking Regulation Act.holder for value B. Two days later.444 favouring Tarun was wrongly posted to Varun Bose by the bank.all of above 142. Principal function of banks are : A. debtor – customer B.all of above The Correct Answer is : D.debtor . C. When a banking company is placed under moratorium under Section 45 of B. An order for winding up a banking company can be issued by A.44.one year The Correct Answer is : B.the RBI C.safe deposits locker C.promissory bond D.reconstruction of the company or amalgamation with any other bank The Correct Answer is : C.keeping articles in safe custody with bank E.accepting deposits B.creditor – debtor C.customer and client The Correct Answer is : B.indemnity bond 147.lending and investing C. the relationship established with Varun Bose is of: A.none of above The Correct Answer is : D.collecting bank and holder E.debtor and guarantor C.creditor D. When a bank lends money to the corporate person the relationship is: A.138.the High Court 141. the police informed the bank for not allowing withdrawals from his account.creditor and indemnifier D.borrower and lender B.R.none The Correct Answer is : D.Act. In deposits accounts the main relationship between bank and customer is: A.agent and principle D. the RBI must prepare a scheme A. A.none of above The Correct Answer is : D.the Central Government The Correct Answer is : A. Bailor – bailee relationship is applicable in: A.guarantee bond B.debtor – bank.six month C.keeping articles in safe custody with bank 145.six month 139.servant .debtor – bank.clearing member and principle. bank receives a cheque of RS 15000 favoring Nehas creditor.creditor – bank. What should the bank do A.indemnity bond E.one month B. creditor – customer 143.trustee and beneficiary B.only a and b The Correct Answer is : B. creditor – customer C.reconstruction of the company or amalgamation with any other bank 140.agent .principal D.the High Court B.owner E.capital buy back C.

At 4. A draft purchased is reported lost and the purchaser wants to stop the payment of the draft.45 hrs) income tax attachment order is received by bank. The thief made endorsement as Rajkumar on the cheque in his favour.Bank can ask the purchaser to suffer for negligence and bank cannot help D.I. After close of business hours by 1. Cheque drawn for Rajkumar or order is stolen. (one hour after close of business hours of the bank) to Shubha approached to the bank and on request paid the money at 4:00 p.Payment late for today is protected under Section 85 D. The Correct Answer is : A.Refused to accept stop payment instructions since late for today. the paying bank is liable. hence liable C.Bank cannot stop payment since it is a promissory note 156. Section 131 of N.get police orders for payment E. Can bank help him ? A. Act 1881.pay the cheque after inquiring with X C. the account holder himself availed payment. What is the liability of the bank? A.Cheque 154.pay to Rajesh without any responsibility of bank D.I.return cheque with memo stating A/c holder in jail C.honour the cheque 149. C. What would be the liability of paying bank? A. e. Rajkumar wants a demand draft striking the word ‘Order’ and writing the word ‘Bearer’. since no contractual capacity B. e.payment is not in due course since paid after reasonable time ( i.the paying bank will get protection under N. The Correct Answer is : A.Money transactions . the paying bank is liable D.30 hrs late for today) 152.Bills of Exchange B. bank is protected B.attachment order will be effective after bank’s right of lien over the late payment D.Payment even though after business hours but within banking hours is protected under Section 31 C.(a) payment after Business Hours is not a payment in due Course hence bank is liable.m.Bank cannot stop payment since it is a promissory note B.Bank can stop payment since covered under negotiable instrument.forgery does not give any rights to bank. Acts gives protection for collection of A.Attestation of the signature of the payee on a separate slip of paper by bank (without striking out the word ‘Order’ on draft) 155.30 hrs. Act B. 1.B. True owner later on sent legal notice to bank.I.Bearer Draft can be issued like a cheque C. The cheque is presented in clearing and paid by bank.ask Rajesh to bring his parents ESection 26 N.Hundis D. Rajesh presents the cheque on counter duly signed on the back. on the same day. What should the banker do with the Cheque of a minor? A. as late payment. Can the Bank do it? A.bank should approach the customer to get the order changed to next day.30 hrs late for today) C.5.Promissory Note C.m. Discuss the essential conditions for right of set off to the bank.m. Act 151.15 p. The Correct Answer is : B.(a) payment after Business Hours is not a payment in due Course hence bank is liable.get court orders for payment The Correct Answer is : C.payment is not in due course since paid after reasonable time ( i. Account holder X draws a cheque for Rs.All the above The Correct Answer is : D.pay to Rajesh without any responsibility of bank 150.honour the cheque D.under section 131.Bearer Draft is unlawful under section 31 of RBI B.Attestation of the signature of the payee on a separate slip of paper by bank (without striking out the word ‘Order’ on draft) The Correct Answer is : D.000 favouring Rajesh (a minor aged 13 years) or dearer. Ritesh arrived to the bank and stopped payment of cheque issued to shubha at 4:30 p.I. Section 10 N.m. The Correct Answer is : A. Who is liable for loss? A. The Correct Answer is : C.I. does not allow minor to receive payment. Act B.Cheque E.under section 85. Section 10 N.I.Bank would issue stop payment instructions only after two weeks from date of issue. Ritesh issued a cheque at 3:30 p.payment is made in due course and as payment is debitable next day. A. 1.Signature of the payee should be attested on the back of draft by the issuing branch D.the paying bank will get protection under N. Act 153. (after close of 1.refuse.

All of the above The Correct Answer is : B.professional skills and qualifications.Minimum D.Average C.Information’s on visit to business premises D.All of above 160.Underwriters E.All of the above 157.only (a) & (b) D.Alternative use of funds B.All of above E.B. Merchant bankers are: A.Interest 163.Equity and equity related finance 166.details of expenses / and resources for meeting the margin C. D. Objectives of KYC A.All of above E.to ensure appropriate customer identification B.On Persuasion The Correct Answer is : C.Interest E.Equity and equity related finance B.On interview with borrower and from documents submitted C.On Request B.if loan given it would not be a NPA E.only (a) & (b) The Correct Answer is : E.Only (c) The Correct Answer is : D.Personal history of achievements health and interpersonal relationship with family B.Trading on Tax Shield E.only (a) & (b) 161. Current accounts Deposits are not entitled to_________ A.Financial intermediaries 165.Arrangement for faster and cheaper credit C.Both the accounts in the same name and rights C.All of above .Non-Fund business E.personal assets and liabilities of the borrower B.All of the above E.On Sanction by Manager C.All of the above The Correct Answer is : D.to monitor transactions of suspicious nature C.Financial Brokers B.Cash Payment D.Minimum 164.implied agreement to keep the accounts distinct and separate. Quantitative informations available from loan proposal are: A.Credit Appraisers D.Financial intermediaries C.information’s on visit to business premises B.Monthly Statements C. C.Increased capacity to borrow Lessee D. Demand Deposits are those which can be withdrawn: A.None of the above The Correct Answer is : D. details of heirs and successors. A.All of above 159.None of above The Correct Answer is : C. What qualitative information are available from loan proposals? A.Only (b) & (c) The Correct Answer is : D.On Demand 162. behaviour patterns for managerial skill and bearing capacity D.Cheque book above 100 to leaves B.On Demand D.Maximum B. D.to ensure that he / she would not deceive the bank. in saving account deposits interest is paid on ________ balance in the account between 10th to last day of month.Track record business reputation .only (a) & (b) 158.Fund Business D.None of the above The Correct Answer is : A.Last Balance at the end of month The Correct Answer is : C. Sources of credit informations A. Merchant bankers’ activity relate to: A. Advantages of Lease Financing A.Debt and Debt related finance C.

Garnishee B.Manipulation in invoices C.Rating The Correct Answer is : C.right B.some goods / securities D.All of above 169.specific goods / securities 174.implied pledge C.All of the above 170. Disadvantage of Leasing A. Banker’s Lien is not applicable in case of ____________ A.None of the above E.All of above The Correct Answer is : E.Companies with few Debtors E. Advantage of Factoring service to customers A.Bank’s discretion D.Lien C.Set-off D.All of above The Correct Answer is : D.specific goods / securities The Correct Answer is : D.All of the above 171.Absolve of sales ledger administration C.Deprivation of asset in case of default C.Over Spending Debt Trap B.Obtaining off-balance sheet finance C.interest The Correct Answer is : A.All of above D.Payment to suppliers more promptly for higher credit reputation D. Disadvantages to Credit Card holders A. Right to combine two accounts by banks is called __________ A. A.Attachment on owner going insovent D.Securities left negligently C. Banker’s Lien is an / a _______ A.Over trading B.Forged Charge slips E.an stoppage The Correct Answer is : B.Flexible finance through up-front payment B.Customer’s right B.Payee’s right The Correct Answer is : C. Particular Lien gives the creditor right to retain ______ increase the expenses incurred are not last A.All of above 167. Line is a/an _______ of the creditor to retain possession.All of the above The Correct Answer is : E. The right of set-off is __________ A.Not suitable to SMEs D.instrument D.obligation C.None of the above 168.Deprivation of asset ownership B.Bank’s discretion 178. Garnishee order is issued by __________ .ordered goods C.All of a to c The Correct Answer is : D.none The Correct Answer is : C.The Correct Answer is : E.Set-off 177.All of the above E.agreement D. Limitation of Factoring A.Forged Charge slips 172.Responsibility of collecting sales dues B.Absolve from Bad debts D.right 173.Safe Custody B.Frauds due to loss or theft of cards C. Advantages of Factoring as a financial tool / facility A.All of above 176.Forged signatures D.Quicker payments by clients E.implied pledge 175.all goods B.Banker’s right C.None of the above The Correct Answer is : D.bailment of goods B.

Income Tax Officer B.Crossed cheques B. Payment of cheques are governed by sections under N.Courts of Law 179.both (i) & (ii) D.Courts of Law The Correct Answer is : D.Section 10/31/85/126 185.None The Correct Answer is : D.Payment on due date B.All of above 186. Duties of paying banker of crossed cheques are A.Property applicable for payment C. D.Section 10/31/85/126 B.Demand B.Act A.(i) and (ii) combined 180.I. Mandate is a ________ agreement.Negotiable instruments D.Pawner-Pawnee D. The Correct Answer is : B.documents of title to goods The Correct Answer is : C.Limited C. Attachment order is issued by __________ A.Donor-Donee 183. A. Power of attorney can be _______.Passing .Usance C.Calculated The Correct Answer is : C.None of above The Correct Answer is : C.Collection on behalf of customers C.Universal B.Payment in accordance with apparent tenor C.Drawer B.Stamped B. The liability of drawee of cheque is A.Baior-Bailee C.Payment in good faith and without negligence 187.Negotiable instruments 188.Payment in accordance with apparent tenor 184.Police Officer B.All of above E.Sales Tax Officer C. Person to whom a power of attorney is given is called ________ And who gives it is called _______ A.D.Letter The Correct Answer is : B.Demand 189.Public Debt Officer The Correct Answer is : C.Fixed future date D. Payment in due course means A.Payment in accordance with apparent signature and specimen D. A.C. A.Unstamped 181.All of (i) to (iv) The Correct Answer is : A. Crossing is a direction to the _______ bank to pay the cheque to the payee through a bank.None of these E.Donor-Donee The Correct Answer is : D.both (i) & (ii) 182.A.Payment in good faith and without negligence D. Promissory Notes / Bill of Exchange and Cheque are defined as ___________ A.Sufficient funds B.Section 131/138/147/142 D.Paying D. Cheque is payable on _______ A.Payee C.Section 15/16/17/131 C.Payment due to sufficient funds.Debtor-Creditor B.Memorandum D.Required to do so without default D.Revenue Officer C.I.After Sight The Correct Answer is : A.(i) and (ii) combined D.Judicial documents C.Trust Receipts B.Unstamped C.

A bank on whom a cheque is drawn by the customer is _______ A.Confirming The Correct Answer is : C. A.Blank 193.Paying 190. The Correct Answer is : B. Introduction in opening accounts is A.Official letter The Correct Answer is : B. Company should have minimum shareholders.Rashly C. before opening bank account: A.Without liability to payee The Correct Answer is : C.Collecting bank B.Collecting bank 196.20 .Garnishee letter E. Acts done honestly is called acts done ______ A.Post-dated D.Blank The Correct Answer is : E.Conditional D.50 B. Act extends protection to the ________ A.17 year The Correct Answer is : B.Collecting The Correct Answer is : C.Without negligence B.Without physical touch C.Waived from year 2003.Optional B.Drawer B.Issuing bank E.13 year 200. Public Ltd.Full B. Forged Cheque is __________ cheque.InValid C. A.In good faith 192.E.Letter of credit B. Section 131 of N.Mollified D.Negotiating bank The Correct Answer is : A.Stale cheque E.Compulsory C.Without liability to me D.Honourly The Correct Answer is : D.In good faith E.Advising bank 195.15 year D.InValid 198. D.I. A. Minor with self-operation can open account if he / she is above A.Restrictive E.Without fear B. Sans recourse means _________.Paying bank C. Where a customer.Without liability to me 194.Valid B.(v) Anti-dated The Correct Answer is : B. The crossing in a crossed cheque can be cancelled by _______ A.Discretionary D.Endorser.Partia C. Mere signature of the payee on the reserve of the instrument is called ________ endorsement.Stop-payment letter 197.Advising bank D.Drawee C.Bank The Correct Answer is : A.Compulsory 199. by a letter has advised the bank directing the banker not to honour / pay particular cheque such letter is called ________ A.Drawee bank D.Stop-payment letter C.13 year C.Mandate D.Acceptor E.Paying bank C.6 year B.Drawer 191.Collecting bank B.

Grandfather D. Sanjay. In a limited co. He has got both grand parents.X aged 25 years Y aged 21 years C. Which document stipulates internal rules of company _________ ? A. A.Charity commissioner’s permission The Correct Answer is : B.Not possible C. whether they can open A.Stepfather and Stepmother D.Articles 204.Only two can join D.All of above The Correct Answer is : A.Beneficiary’s permission D.O.No because forged documents can not be accepted E.Yes because incorporation certificate is valid D.Elder brother.Jointly C.Declaration E.Resolution C.Sanjay himself can oprate.X aged 17 years and Y aged 16 years . Who shall be nature guardian in case of married minor girl? A.26% C.51% B.10 D. 1956 The Correct Answer is : C.Not possible 203.Husband.Companies Act.Mother and Father B.Mother and Father B.Father-in-law D. Minor’s account can be opened in the guardianship of __________.Mother C.No C. certificate of incorporation was obtained through memorandum which was signed by two persons for all the 7 signatories The signatures were forged.Grandmother D.Mother and Father 207. Will the bank accept memo as genuine for opening bank a/c? A.51% 202. The Correct Answer is : C. Two or more minors desire to open bank a/c in your bank.Yes B. A. The Correct Answer is : A.Articles D.Memorandum B.No Requirement. desire to open bank’s Saving Account.Father B.Guardian appointed by court E. The Correct Answer is : E. Who is considered natural guardians for minor’s ________? A.7 201. a minor aged 11 years.Mother-in-law E.Husband.Cannot open 206.Mother 209.Possible B.X aged 25 years Y aged 17 Years B.Stepmother and Father C. 208.Yes because incorporation certificate is valid 210.Mother or Father 205.7 E.no limit The Correct Answer is : D. A. Delegation of power under Trust is _________. Government companies are those companies where the government holds at least_________.Father B.Mother C.Cannot open The Correct Answer is : D.Mother or Father C.Either or Survivor B. There should be two persons to open a partnership account in a bank which is correct? A. The Correct Answer is : B. Who will be his natural guardian? A.100% D. The Correct Answer is : B.Bank will ask its H. His mother is illiterate and his father has become sanyasi.C.

2002 218.Purchasing or acquiring 221. 1993 C. wants to open a bank account in the firm’s name. Secured creditor is liable for penalties for default under A.Sharat Kumar C.1. Bonds or debentures issued by Securitisation company should bear interest not less than A.Performing debts C. Recovery of loans and advances are possible under SREA &ESI Act. any security interest created in favour of secured creditor without intervention of courts A.Bank rate B. 2002 by A.Shivkumar B.Can pay as a routine 213.Companies Act Section 142 C.SRFA &ESI Act. 2002 219.Selling and administering C. Ramawati D.All partners B.5% over bank rate D.Shivkumar 212. expired and cheques signed by him are presented for payments should the bank pay those cheques? A.Chief manager in a foreign bank D. Does it require signatures of A. Shubha aged 30 years and Ku.Court B.Chief manager or equivalent in LIC The Correct Answer is : A.Bad debts B. HUF account is to be opened in a bank where three major person are there Shivkumar-Father Mrs.Non-performing Debt D.Chief manager in PSB B. X a partner in the firm XYZ Co.Transfer of Property Act B. 2002 D. 1881 The Correct Answer is : A.SRFA &ESI Act.1.Both Shivkumar and Sharat Kumar The Correct Answer is : A.Non-performing Debt 215. By which act.Summary trial by Banks or FISettlement 220.Recovery of Debts Due Act.5% over bank rate 217. Ramawati-Shivkumar’s Mother Sharat kumar-Son Who can become Karta of HUF? A.X aged 25 years Y aged 21 years 211.Chief manager in PSB 216. Qualified institutional buyer means . 1934 The Correct Answer is : C.Managing partner only D.Chief manager in NABARD C.Purchasing or acquiring B.Mrs.Providing security to NPA The Correct Answer is : A.Company on other directors confirmation C. 1993 D.All partners 214.Sleeping partner not required The Correct Answer is : A.Both Shivkumar and Ramawati E. Co.Security documenting acquisitioning D. Shubha) E. Rachna aged 16 years ( daughter of Ku.Cannot pay B.SRFA &ESI Act. Authorised officer means A.1.Any one C. Securitisation is the process of acquisition of loans classified as A.Reserve Bank of India Act. The Correct Answer is : C.Can pay as a routine D.RDDB & FI Act. One of the directors of a Ltd.SRFA &ESI Act.Negotiable Instrument act. 2002 B.Payments be stopped by co.Ku.X aged 71 years Y aged 57 Years but lunatic The Correct Answer is : B.PLR C.Book debts The Correct Answer is : C.D. Securitisation is the process of A.Summary trial by Banks or FISettlement D.5% over saving rate The Correct Answer is : C.DRT C.Settlement The Correct Answer is : C.

Extensive training to entire staff at a heavy cost.All of (a) to (c) 230.Only (a) and (c) 224.All of above D. D.All of the above 225. SFC 222.Insurance of entire deposits at banks by insurance company.Assurance by the bank that it will not fail.Bank and insurance have strong similarities with bright future B.Birla mutual fund B. B. bank insurance co.Doing speculative business in share market B.Reluctance to one-stop service D.Financial brokers B. i.Cultural conflict and different nature in compensation to employees.Better consumer protection under Consumer Protection Act E.All (a) to (c) The Correct Answer is : A. Bancassurance is nothing but A.Unit trust if India mutual fund 229.A packaged financial service offering both banking and insurance products to customers to meet both insurance and banking needs The Correct Answer is : C.Protection of personal life of borrowers to save loans from becoming NPA C.Development of IT system even in un-profitable C.Unlisted open-ended Schemes can be sold back D.Non achieving of targets and no convergence at branch level. Advantage to banks under Bancassurance A.26% C. 1.All of (a) to (c) The Correct Answer is : D.All of the above The Correct Answer is : E. Out of about 36 mutual funds in India. bank insurance co.ICICI + SBI + CANBANK B.Possible source of conflict with existing customers E.Increased return of fee income from assets B.Securitisation company D. the major player is A.All of above 227.Only (b) and (c) E.A packaged financial service offering both banking and insurance products to customers to meet both insurance and banking needs 223.BOI + HDFC +Kotak C. Mutual funds are able to provide higher rate of return to the investors as A.IDBI mutual fund C.Operating costs as percentage of net assets is very low.Broker firm or company eligible to qualify C.A.Financial consultants The Correct Answer is : B.All of above 231.Wider range of services to client of banks D. Mutual funds offer advantage of A.Easy liquidity of listed schemes C. Mutual funds are A.ICICI + SBI + CANBANK .All of above The Correct Answer is : E.Unit trust if India mutual fund The Correct Answer is : D. C.Tata mutual funds D.e.Adequate protection from state agencies B.Financial institutions for depositors D. What you feel could be future of Bancassurance A. E.Motivate staff to sell insurance products.BOB + IDBI + Indbank +PNB D.Financial institution.Marketing and processing capabilities are available extensively. resulting cheap insurance products C.None of above The Correct Answer is : C. C.Financial intermediaries 228. Describe problems and different nature in compensation to employees A. Which is the most profitable [in terms of net assets] mutual fund in India sponsored by banks A.Cost of providing services to would reduce.All of the above The Correct Answer is : E. SFC The Correct Answer is : D.All of the above 226.Financial intermediaries C. B.Only (a) and (c) The Correct Answer is : E.Performance recognition and payment on incentives to employees for insurance business D.Financial institution. B.Institution having paid up capital of Rs 10 crore B. What are the challenges before banks under Bancassurance A.

to meet cash requirements of self through A.none of these The Correct Answer is : C.Tele-banking C.Engineer C.2 lakh C.2 lakh 240.Regional manager can sanction The Correct Answer is : C.B2B The Correct Answer is : A.Advertising D.All of above 237.Both Cash and non-cash 239.12 lakh C.Medical Practitioner 241. He will meet loan WC requirements from his own resources.Automatic Teller Machine 233.None The Correct Answer is : D.Virtual banking on Internet C. Home banking services means and includes A.None The Correct Answer is : B.Non-cash transactions C.Lowers the risk with cash D.Manager can sanction the loan under Priority Sector: A.5 lakh The Correct Answer is : B.Real products 236. The maximum loan that can be granted to a private retail trader dealing in non-essential commodities is A.3 lakh D.All of above E.Cannot sanction D.Multimedia presentation C.Virtual store on Internet 235.Rediffmail online services for payment E. requests for a term loan of Rs 10.00 lakh for purchase of 3 photocopying machines costing Rs 12.Architect B. Write benefits to consumers of E-commerce A. Tele-banking service function is available with bank computers.1 lakh B.Entertainment E.Automatic Teller Machine E.Real products B.Both Cash and non-cash D. a Photocopier.All of above 238. Mr. based on A.Special tailored information B. what goods and services can be marketed through e-commerce? A.Ability to place orders easily D.Anywhere banking B.00 lakh.Master Card E. In E-banking customers need not visit the bank.Brick and Mortar processing D. Motor vehicle can be financed to the following professionals under Priority Sector A.All of above The Correct Answer is : E.Virtual B. Benefits of e-banking to consumers A.Reduction in cost E.Voice processing 234.Anytime banking C.Selling of information C.All of above The Correct Answer is : E.Virtual store on Internet B.10 lakh B.All of above The Correct Answer is : A. In E-commerce the purchaser shift his / her purchasing from a physical store to A. Suresh.On-line banking D.Medical Practitioner D.Voice processing C.232.Electronic funds transfer B.Cannot sanction .None The Correct Answer is : C.Cash transactions B.E-money D.

Direct Agriculture B.Advance granted to commission agents D.Funds provided by sponsoring bank to RRB’s The Correct Answer is : D.SSSBE C.000 C.Self-employment in rural areas The Correct Answer is : D.000 D.consumption loan The Correct Answer is : C.Refuse the loan B.242. The advanced not faulting under the priority sector is A.Indirect agriculture C.Funds provided by sponsoring bank to RRB’s 252.Tiny D.15% D.IRDP B. Net Working Capital / margin means A.DRI C. The Correct Answer is : B. The maximum loan that can be granted under village and cottage industries is Rs A. Mr. Tyre re-treading activity and coffee processing shall be treated as an industrial activity eligible under A.Money invested by the borrower 245. Which of the following scheme is not covered under weaker section A.SSI B.refuse since loan is excessive The Correct Answer is : B.50.Wholesale Traders + Export + Education Loans to Business Management Institutes D.Irrigation C.PMRY 247.Service The Correct Answer is : A.no minimum limit The Correct Answer is : B.None The Correct Answer is : A.Satish runs a travel agency.Advances granted to profit motive institutions which help indirectly to agriculture or farming community . Indirect agriculture advance means A. Loan for fish rearing is covered under priority sector as advance A.Sanction if driving license is obtained D. He dose not know driving.Small scale industry D.65. He approaches the bank for loan of Rs 7.Advances granted to Urban Electricity corpn.000 B. Minor irrigation schemes includes A.32% C. Training of Rural Youth for Self-Employment [TRYSEM] relates to: A.All the above The Correct Answer is : A.Lift irrigation pumps D.all of these The Correct Answer is : D.Allied to indirect agriculture D.Dig-wells B.no limit The Correct Answer is : A.sanction C.sanction 243.Tube/bore-wells C.Bank loan C.Money invested by the borrower B.25.50.PMRY D.Subsidy from Government D.00 lakh for purchase and furnishing of the van for travel and tour operator. The minimum percentage of Priority Sector advances to be maintained by foreign banks in India A.40% B.000 244.Direct Agriculture 248.all of these 250.Self-employment in rural areas 249.Advances granted to profit motive institutions which help indirectly to agriculture or farming community C.Professional / self-employed + Agriculture C.32% 246.Agricultural production B.Advances granted to agriculture for motor car to visit city B. Bank can A.SSI + Retail Trade + Small Business B.SSI 251.

Term loans are utilized for acquisition of fixed assets D.Requirements for day to day transactions 262.default of repayment by a borrower 258.Marketable investments and cash/receivable/inventories 260.Exercise before opening a new branch C.All of (i) to (iii) The Correct Answer is : E.none The Correct Answer is : B.Net working capital D.Share in sister concern + unquoted shares + cash D.Current assets – Current Liabilities B. Banker can reduce risk in lending to a borrower A. Net working capital means A.Productive purpose and security D.by ensuring that there will be no the account of lack of liquidity and lack of willingness to pay on the part of the borrower 257. Customer profitability analysis means A.repayment is done in installments C.Owned funds – goodwill C.Trade credits + Unsecured Loans + Deposits B.Safety and liquidity B. Working Capital needs are estimated by A.All of above 261.farming community E.253.Only (i) and (ii) The Correct Answer is : D.None of above The Correct Answer is : A. credit risk in lending refers to A.None The Correct Answer is : D.by ensuring that there will be no problem of liquidity with borrower C.Marketable investments and cash/receivable/inventories B.Assets the profitability of customers business D.All of above 263.default of a banker to release credit to a borrower D.Only (i) and (iii) E.Exercise before opening a new branch 256. Working Capital means A. In bankers parlance.Excess of current assets over current liabilities C.Any of above E.Only (i) and (iii) E.All of above The Correct Answer is : A. What are the sources of working capital A. Term loans mean Loans A.All of above E.by obtaining adequate security B.Any of above .None of above The Correct Answer is : A.Payable after one year to 10 years B.All of (i) to (iii) 254.Exercise done by bank before to lending for a customer B.default of a bankers in maintaining SLR C.default of repayment by a borrower B.Bank borrowings + Advance Payments C.Cash on Hand B.Fixed assets – current assets D.Operating Cycle method B.None The Correct Answer is : D.None of above The Correct Answer is : D.Requirements for day to day transactions B.farming community 255. Liquidity with a banker means A.All of above E.by ensuring that there will be no the account of lack of liquidity and lack of willingness to pay on the part of the borrower The Correct Answer is : C.Current assets – Current Liabilities 259.Cash Budget method D. Cardinal principles of lending are A.Short term current assets to convert into cash D.Projected Turnover method C.Use of assets + sources of funds D.none of above The Correct Answer is : A.Profitability and diversifications of risks C.Inventories + cash + receivables C.Cash and Bank balances C. Major Current assets are A.

NPA 271.Would make overdue 90 days from previous Quarter ending C.No such ceiling The Correct Answer is : A.Borrower plans in advance cash requirements B.Total assets – total liabilities The Correct Answer is : B. Maximum permissible Bank Finance (MPBF) is arrived at by A. other than bank borrowing 272.Total current assets – Current Liabilities.None of above The Correct Answer is : B.Only (i) and (iii) The Correct Answer is : D.25% of capital funds for single borrower and 50% in a borrower’s group for infrastructural projects.Credit risk / Market risk / Operational risk 268.Cash budget is projection into future while cash flow statement is historical E.None of above The Correct Answer is : A.A trust letter executed by a Co. When a Loan will be NPA? A.A declaration that bank cannot provide cash to Co.A/c is out of order for more than 90 days in case of overdraft / cash credit C.Commodity price / equity price risks D. Difference between Cash Budget and Cash Flow A. In there any exposure ceiling for banks in providing advances / loan to borrowers? A.Cash flow statement are for quarterly or half yearly while cash budget for short periods D.None of above The Correct Answer is : A.Any of the above The Correct Answer is : D. Credit decisions are affected by risks like A.All of above E.Deducting net working capital gap from total assets C. other than bank borrowing C.Deducting net working capital from working capital gap B.Banker is able to spot to danger signal quickly and corrective measures could be taken C.10% of capital funds for single borrower and 20% in a borrower’s group C.Standard assets C.Total current assets – total current liabilities B.All of above E. not to encumber assets of the co.Cash Budget deals with Cash Transactions only C.Would make overdue 90 days from previous Quarter ending 270.Additional credit facilities granted by banks under nursing programmed prepared by banks themselves The Correct Answer is : A. D.NPA B.All of above 269.Deducting net working capital from working capital gap 273. if demanded .All of above The Correct Answer is : E.A Lien letter executed by the Co. Working capital gap means A.15% of capital funds for single borrower and 40% in a borrower’s group 267.Banker can plan his resources to meet credit demands D. Charging of interest at monthly rests would / would not change overdue under NPA. Negative Lien means A.All of above 266.Deducting NWC from Total Current assets D.interest and / or Loan instalments overdue for more than 90 days B.A declaration by a Co.Credit risk / Market risk / Operational risk B. D.Bill remain overdue for more than 90 days in BP / BD D. Advantages of Cash Budget could be A.Would make overdue of 90 days form monthly interest debiting B. A.264.Liquidity / interest rate / foreign exchange rate C.Both of above D.Total current assets – Current Liabilities.15% of capital funds for single borrower and 40% in a borrower’s group B.All of above 265. authorising the bank to mark lien on it C.Additional credit facilities to such unit are to be treated as Non-NPA for two years approved by BIFR / TLI D. without previous consent of banker B. Advances granted to units placed under rehabilitation package approved by BIFR / TLI are treated as A.Cash flow deals with cash and non-cash funds B.

Information is passed from one node to the other in series D. A guarantor is liable only when A. Charge created on LIC policy is A.Online UPS 280.None of these The Correct Answer is : C. not to encumber assets of the co.All of above 282.30 years The Correct Answer is : C.All of the above E.Tallying of cash book D.Various terminals are attached to main computer C.All of above The Correct Answer is : E.Assignment 275.All of the above 281. Proper functioning of computerised system is ensured by A.a & b D.Client B.Online UPS B. For uninterrupted power supply in branch computerisation following device is used A.a & b 279.12 years E.After the expiry of limitation period of guarantee E.3 years from date of advance C.Set-off C. without previous consent of banker 274.All data and information is kept on main computer D.None of these The Correct Answer is : A.Generation of audit trails B.The principle debtor has defaulted to pay B. A computer network mainly used to share A.Data B.Nodes C.3 years date of document B.Computer are based on centralized processing concept B.None of above The Correct Answer is : C.3 years from date of invocation 276.Devices on the network are connected to a single continuous E.3 years from date of invocation D.The guarantor is called upon to pay on default by the principal debtor 277.Convertor D.All of above 278.The Correct Answer is : A.The creditor has exhausted his remedy against the principal debtor C. Under Law of Limitation the liability of a guarantor is A.Each node is joined to the central node by separate link 283.Software C. In star topology A.Offline UPS C.All of above E.Devices are connected in close loop C.Devices on the network are connected to a single continuous E. In multi-user computer networking A.Each node is joined to the central node by separate link B.Large number of users can be connected to central computer E.CPU E.The guarantor is called upon to pay on default by the principal debtor D.Each node is joined to the central node by separate link B. In bus topology A.Lien B.None of these The Correct Answer is : D.All of above The Correct Answer is : A.None of these The Correct Answer is : D.Devices are connected in close loop C.Hypothecation D.Assignment The Correct Answer is : E.All of above .Exceptional transaction C.Pledge E.Generator E.Information is passed from one node to the other in series D.A declaration by a Co. Terminals connected to server is known as A.Hardware D.

security B.privacy in transaction C.None of these The Correct Answer is : D.dynamic signature verification D.All of above The Correct Answer is : C.Devices are connected in close loop C. From the bank point of view the advantage of ATMs are A.using image processing D. Benefits in core Banking is A. PIN is A.no storage space E.a & c E.Devices on the network are connected to a single continuous 284.none of these The Correct Answer is : D.postal index number C. Cheque truncation can be done by A.longer life D.none of these The Correct Answer is : D.Reliable centralised data recovery B.all of above The Correct Answer is : E. In Core Banking system A.stored in magnetic strip of the card D.alternative to new branches D. ATMs provide A.a & c 290.Transactions are done centrally and online D.all of the above 292.multiple pins B.anywhere banking facility D.Each node is joined to the central node by separate link B.a & c E.all of above 288.The Correct Answer is : D.Data warehousing and data mining technologies C. The credit card offers .Branch automation modules and delivery channels are incorporated C.none of these The Correct Answer is : C.none of these The Correct Answer is : D.vein recognition E.quick and efficient service E.all of the above E.Branches are connected to a central host B.only one B.Information is passed from one node to the other in series 285. Electronic purse may have following number of storage space A.all of above The Correct Answer is : E. In ring topology A.reliability C.All of above The Correct Answer is : E.sending cheque by speed post C.none of these The Correct Answer is : D.all of the above E.cash handling and cash transportation is avoided C.Integrated customer centric services D.several D. The advantages of the processor smart cards are A.All of above 287.round the clock service B.several 293.Core infrastructure can used for future expansion E.all of above 291.a & c 294. Security features available with smart cards are A.alternative to expand banking hours B.All of above 286.Information is passed from one node to the other in series D.two C.using MICR data B.all of the above 289.randomly generated sequence of digits B.All of above E.retinal pattern verification C.B & c E.

MODEM does the following: A.all of these E.an inner copper conductor held in position by circular spacers 300. In microwave systems A.microwave signals may be passed on to the satellite 302.demodulates analog signals into digital C.none of these The Correct Answer is : A.store and forward data to large number of terminals over a single communication channel B.none of these The Correct Answer is : A.online recover of amount of card usage 296.online recover of amount of card usage D.both a & b 298.pay off the entire amount of card usage C.microwave signals may be passed on to the satellite E. In optical fiber data is transmitted through A.all of above E.all of above E.all of these E.A.store and forward data to large number of terminals over a single communication channel B. The Charge card offers A. A coaxial cable consists of A.none of above The Correct Answer is : B.none of above The Correct Answer is : A. Message switcher is used to A.wave beams are sent from one antenna to another C.laser beam driven by a high speed high current driver D.send more than one signal simultaneously over a single communication channel .both a & b E.revolving credit for certain period B.both a & c 301.store and forward data to large number of terminals over a single communication channel 303.none of these The Correct Answer is : D. the debit card offers A.pay of the entire amount of card usage C. Multiplexer is used to A.send more than one signal simultaneously over a single communication channel C.send more than one signal simultaneously over a single communication channel C.both a & c E.a very thin glass or plastic fibers with a beam of light B.all of above E.on-line recover of amount of card usage D.all of above E.radio waves are modulates to carry information B.revolving credit for certain period 295.none of these The Correct Answer is : B.online recover of amount of card usage D.none of these The Correct Answer is : C.two insulated copper wire B.intercept and handle communication activities for the host computer D.all of above E.all of above The Correct Answer is : D.modulates digital signals into analog B.along the route.revolving credit for certain period B.revolving credit for certain period B. the received data is amplified and retransmitted D.an inner copper conductor held in position by circular spacers C.converts data into image D.satellite C. A twisted pair cable consists of A.an inner copper conductor held in position by circular spacers C.none of these The Correct Answer is : D.two insulated copper wire B.intercept and handle communication activities for the host computer D.(e) none of these The Correct Answer is : B.two insulated copper wire 299.pay of the entire amount of card usage C.single copper wire D.pay of the entire amount of card usage 297.single copper wire D.

transmitting data only in one direction B. A full-duplex transmission is capable of A.None of these The Correct Answer is : D.All of the above E.none of these The Correct Answer is : C. A simple transmission is capable of A.providing simultaneous two way communication D.BSNL C.None of these The Correct Answer is : E.is a tool for data mining E.transmitting data only in one direction B.data communication only E.304.data movement in both the direction but only one direction at a time C.EDIFACT 312.providing simultaneous two way communication D.none of above The Correct Answer is : C.All of the above E.helps in transmission of data C.providing simultaneous two way communication 307.Selling products E.data redundancy C.ISO D.All of the above The Correct Answer is : B.Satyam online B.accounts service D.financial advice C.send more than one signal simultaneously over a single communication channel C.EDIFACT B.transmitting data only in one direction 306.enables decision support system D.Saraf Committee D.intercept and handle communication activities for the host computer D.Vasudevan Committee 308.helps in transmission of data 310.BIS E.flexibility and ease for modification D.Shere Committee E. Communication technology A.dissemination of information B.facilitate the processing of data B.MTNL D.data consistency B.None of these The Correct Answer is : D.Predicting future trends based on applied in B.VSNL 311. Front End Processor (FEP) is used to A.data communication only E.None of these The Correct Answer is : A.Analysing demographic information about customers D.None of these The Correct Answer is : D.intercept and handle communication activities for the host computer 305.data movement in both the direction but only one direction at a time C.All of the above 309.Vasudevan Committee B.None of these 313. Data mining techniques can be applied in A. Computer-based information systems offer A. Banks can use a corporate website for A.Credit Risk analysis C.VSNL E.all of above E.All of the above 314.Rangarajan Committee C. The Universal set of standards for EDI is known as A. Which of the following is the gateway in India for EDI services worldwide A.EDI C.store and forward data to large number of terminals over a single communication channel B.None of these The Correct Answer is : A. The Committee which has recommended for establishment of Data Warehouse is known as A. Decision support system (DSS) uses .none of these The Correct Answer is : A.

Risk prone component(s) in computerised systems A.All of above The Correct Answer is : E. peopleware and data E.None of these The Correct Answer is : A.graphics E.Assets safeguarding B.innovative products C.Incorrect decision-making leading to setback to business B. Compared to a manual system. hardware and data 318. The risks broadly lead to: A.Hardware.Preventive .Frauds E.All of above The Correct Answer is : E. A typical computerized environment constitutes three interdependent but separate components.all of the above The Correct Answer is : E.Interruption in activities due to loss of data.The methodologies for implementing controls change B.change in customer aspiration E. Impact of IT on banks can be A.Unauthorised disclosure of confidential information C. hardware and data B.None of these The Correct Answer is : D. hardware.effective delivery system D. A.Unlimited access to various can be avoided C.It generates employment D.All of above 323. The consequences of error in computerized systems are more serious than in manual systems because A.User of computer systems perceive the computer output to be always correct D.All of above E.All of these 319.Control objectives are more difficult to achieve D.All of above 320. and the cost to correct may be high C.All of above E.Software. in a computer system: A.change in organisational orientation C.Direction financial loss due to computer funds E.All of above 321.All of above 315.All of above E.a and b The Correct Answer is : D.All of above 324. modem and Networking D.query language B.improved efficiency B.Computer systems process more data B.Errors in computer systems are generated at high speed. The objective of computer auditing is: A.adhoc report generator C.Basic control objectives are more difficult to achieve C.Software.Achieving system efficiency D.change in service delivery channel D.All of these The Correct Answer is : E.enhanced productivity E.Software. software and UPS C.change in organisational structure B.Software.all of the above 317.a and c The Correct Answer is : D. software peopleware C.A.Error and omission in data and software B. Segregation of duties in computerized environments is necessary because: A.Computer abuse and mis-utilisation of banks assets D.All of above 316.statistical analyzer D.Violation of privacy D.It increases employees’ efficiency B.All of above E.b and c The Correct Answer is : D.Preserving data integrity C. Effective control mechanism(s) in computerised environment A.All of above 322.All of above The Correct Answer is : E. Information technology has resulted in A.

Profitably The Correct Answer is : B.a fund raising charity show for the members of an NGO C.Competition B. The following dose not represent a market situation A. Marketing identifies ____________ in customer requirements.Postage stamp C.Insurance Policy D.A chronological record of all events occurring in a system 327.All of above E.A chronological record of all events occurring in a system B. A.Opportunities The Correct Answer is : A. and volume of transaction.Gift coupon of a chain store The Correct Answer is : D.a bank run dispensary located in its staff quarters B.All of above 326.Opportunities C. The following offering is not a service A.Review of the adequacy of producers and controls C.Exchange C. Marketing is concerned with selling.Report submitted by auditors C.a stall distribution kada prasad in a gurudwara 334.Profitably C.volume of transaction The Correct Answer is : C.Competition 332. Marketing implies ‘meeting needs ___________ A.geographical area C. The business become customer and market driven due to increased ______. A.location of marketplace D.Opportunities The Correct Answer is : B.Exchange .Transaction B. Audit trail is A.Corrective D.All of above E.In the above statement the following is not correct A.None of these The Correct Answer is : D. product.None of these The Correct Answer is : A. True False The Correct Answer is : True 330.Competition B. Scope of System Audit is to A. True False The Correct Answer is : False 329.a stall distribution kada prasad in a gurudwara The Correct Answer is : D.Review of operations to establish compliance B.Relationship D.location of marketplace 335.Competition B.B. Market is a geographical place where goods can be bought or sold True False The Correct Answer is : False 328.Profitably C. location of market place.A collection of record generated by Database Administrator D.Integrity review focused at fraud detection / prevention of IT system D.a meditation camp of a religious organisation conducted or its members D.Detective C.Opportunities 333. The act of obtaining a desired object from someone by offering something in return is called as a __________. Marketing is not relevant to a temple.nature of transaction B. nature of transaction.All of above E.a and c The Correct Answer is : D.Value The Correct Answer is : B. The markets are grouped into different types based on the geographical area.Fixed deposit receipt B.Profitably 331. A.All of above 325.Gift coupon of a chain store 336.

Railway The Correct Answer is : D. Marketing is concerned with the creation and maintenance of mutually satisfying _________. C.consumer’s requirements 343.Many Sellers Few Buyers 342. A.Market 338. E. Match with following 3-Market Condition A.Chandni Chowk C. Service have special characteristics namely.Many Sellers Few Buyers B. D. C.Railway The Correct Answer is : A. Marketing activities can be performed not only by sellers but also by potential buyers True .National Stock Exchange D.Market C. C.exchange 344. B.wiliness 345.337.Railway 340. The Correct Answer is : A.Many Sellers Few Buyers B. The focus of modern marketing is on __________ ________ ___________ A.Chandni Chowk C. The Correct Answer is : C. A. Economists use the term ________ to refer to a collection of buyers and sellers who transact in a particular product class A. D.consumer’s requirements The Correct Answer is : C. C. The Correct Answer is : A. C. E. The Correct Answer is : A. B.Many Sellers Few Buyers B.Exchange D. B.Railway The Correct Answer is : A. Match with following 2-Service A.wiliness B. Match with following 1-Market A.Chandni Chowk C. B.__________ .customer relationship management B.Customer B. which affect their marketing process. E.House to house vegetable C.Hike in crude prices D. A. Match with following 3-Need A.Railway The Correct Answer is : C.National Stock Exchange D. 348.National Stock Exchange 339.Experience The Correct Answer is : B.Thirst B.Thirst 341.National Stock Exchange D.service D. One view on classification of goods and services is that there is no such thing as service industries and that everybody is in __________ A.customer relationship management 346.exchange The Correct Answer is : B. Wants for specific products backed by an ability and __________ to buy them result in a demand A. The identification and satisfaction of _________ _______ from the basis of marketing.service 347.

Discourse for public by Shri Suhanshu Maharaj at Cross Maidan.Material Supplies 360.Brand Name D.Non-durable Goods .Consumer Product B.Consumer Product B.Brand Name 357. In banking services bank guarantee is at a ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬_________Product level in customer value hierarchy A.Industrial Product C. Financial services are simpler hence they have different and simpler characteristics than other services True False The Correct Answer is : False 351.False The Correct Answer is : True 349.Associated features The Correct Answer is : B.Non-durable Goods D.Associated features 354.Crescent Apartment Housing Society 353. True False The Correct Answer is : False 352.‘Green Mumbai’ call C. Marketing comprises only actual buyers and not the potential buyers.Associated features The Correct Answer is : A. Match with options 2-Dry fruits in a glass bowl in Diwali Gift Pack A.Industrial Product C.Brand Name B.The core B. Match with options 3-A Taj meal on jet Airways flight loan A.Durable Goods E. E. Out of the items mentioned below ____________ is not product.Pilgrimage tour to Badrinath B. External Commercial Borrowing is A.Brand Name B. B.Material Supplies The Correct Answer is : B. True False The Correct Answer is : False 350.Package and label D.Crescent Apartment Housing Society D.Associated features C.Associated features The Correct Answer is : A.Durable Goods E.Associated features C.The core 355. The Correct Answer is : B. Mumbai The Correct Answer is : C. Petrol bought for your car is A.The core B. Match with options 4-‘ALLBANK’ in housing loan offering of Allahabad Bank A.Package and label D.basic 358.Associated features 356. marketing mix for services is easier to formulate than that for physical. Match with options 1-Pepsi included in a Combo at McDonalds A.Package and label D.Industrial Product C. Writing paper bought by your bank is A.Industrial Product 359.Associated features C. D.Material Supplies The Correct Answer is : E.basic C.Associated features C.Associated features The Correct Answer is : B.Non-durable Goods D. A.Consumer Product B.

Four 364.Demand Draft D. Match the items 2-Fast Growth. Out of the items mentioned below.Credit Card E. Match the items 3-Falling Sales.Ballet performance by Hema Malini D.Visit to Bank’s London Office The Correct Answer is : D. Compact Disks (CDs) are A.Visit to Bank’s London Office 371.Maturity B. and marketed through the same type of outlets A.Consumer Product 361.Material Supplies The Correct Answer is : C. quality.Maturity B.group B.Product Brand Name 366. out of which _______ does not belong to the product line(s) of others A.Regular Saving Account B.Banker’s Cheque The Correct Answer is : D.Decline 370.Durable Goods E. (Please state True or False) True False The Correct Answer is : False 367.Growth D. The concept of product life cycle is not of much concern to marketers but to engineers or product developers. Low Margins A.Lecture by Shri Sudhanshu Maharaj B. C.Growth 369.Product Brand Name B.Introduction The Correct Answer is : A.Premium Saving Account with overdraft line C.Introduction The Correct Answer is : B.Product Price D. The sales of a new product in the introduction stage do not depend on _________ out of the following A.Durable Goods E. A product has a life cycle comprising _________ (number of stages) A.Product Features C. In the maturity stage the product has established itself hence there is no need for any further marketing efforts.market The Correct Answer is : B. (Please state True and False) True False The Correct Answer is : False 365.price.Decline C.line 372.Growth D.Maturity 368.Introduction The Correct Answer is : C.Non-durable Goods D.Four The Correct Answer is : C. Maeginal A.Non-durable Goods 362. A bank offer under mentioned products.Consumer Product B.line C. A product ___________ is a group of related products that function in a similar manner.Decline C.D. ___________ is not a product A. and style are called __________ goods .Credit Card 363.Simla C. Goods that are typically bought by a consumer based on a comparison of suitability.Seller’s Brand The Correct Answer is : A.Material Supplies The Correct Answer is : A. are sold to the same customer groups. Rising Profits A.Growth D. B.Decline C. Match the items 1-Low Sales.category D.Maturity B.Industrial Product C.

A.convenience The Correct Answer is : C.Expected product C. Assets are A. A bank has a special product for senior citizens which provides cheque book on savings account with customers name on cheque book.actual D.Brand C. Product line consistency refers to the number of versions offered of each product line True False The Correct Answer is : False 378.Product items The Correct Answer is : C.shopping 373. Product Line is A.The core D. A brand name should suggest something about the product’s benefits and qualities True False The Correct Answer is : True 380.Core benefit B. free of cost debit card with overdraft facility of Rs 20.Core benefit B. free of cost remittances to any branch of the bank free of cost remittances to any branch of another bank covered under RTGS facility. cheque book and debit card.The core 381.remittances D.core B.The core D.Expected product C.The core D. Product Level is A.savings account The Correct Answer is : D.Core benefit B.augmented C.Product items The Correct Answer is : A.Product items The Correct Answer is : A.fragmented The Correct Answer is : D.fragmented 374. Marketers are now developing offering that give total customer experience so that their offering are differentiated from the competition True False The Correct Answer is : True 379.overdraft B.Decline 384.Expected product C.debit card C.Product items The Correct Answer is : D.Decline .000 a special pouch for holding pass book.The core D.savings account 375. The characteristic of service that it cannot be stored for future use is known as intangibility True False The Correct Answer is : False 377.industrial B.speciality C.Core benefit 382.Decline B. facility for withdrawal and deposits at any branch of the bank. Industrial goods are classified based on the manner in which the purchasing agent shops for and buys the goods True False The Correct Answer is : False 376.shopping D. ________ is not one of the three levels of a products A. Product Life Cycle is A. Out of the following. Product Personality is A.Product items 383. Which of the following is the core product in this offering? A.

product mix pricing The Correct Answer is : C. __________ is not ideal for new products A.Expansion of business The Correct Answer is : D.quantity B.Group Pricing 387.target-return pricing C.Discriminatory pricing C.segmental pricing 394. A _________ discount is offered by the seller to intermediary who performs functions like selling.Market-skimming B.Promotional pricing The Correct Answer is : B.Group Pricing The Correct Answer is : D.marginal cost Pricing The Correct Answer is : A. ___________ is not an objective of pricing.trade 392. _________ is not based on competitors pricing A.initial price is high and is maintained high C.value pricing B.market penetration D.B. of the following pricing methods.by-product C.cash D. A.initially price is higher and then it is reduced The Correct Answer is : D. A. Of the following pricing methods.initially price is lower and then it is increased B. One of the objectives of pricing is getting cash inflows at the required time True False The Correct Answer is : True 390.mark-up pricing D.Discriminatory pricing 388.psychological pricing C.promotional 395.initially price is higher and then it is reduced 393. In market skimming pricing strategy: A.The core D.Expansion of business 386. With _________ pricing.reference B. Out of the following. storing and record keeping A.Brand C.promotional pricing B.Sealed-Bid Auction C.seasonal The Correct Answer is : B.Product items The Correct Answer is : B. Of the following pricing strategies.Brand 385. Price for any product is a constant True False The Correct Answer is : False 389. Trade discount is also called a functional discount True False The Correct Answer is : True .promotional The Correct Answer is : D. the products are priced below list price ( or even below cost) for a temporary period to create period to create buying urgency. ________ is not cost – based method A.initial price is low and is maintained low D.Improvement in product quality D.trade C.value pricing 396.Going-rate Pricing D.Market-penetration D.segmental pricing D. A. Bank of Kuber is offering 1% interest rate on fixed deposits to senior citizens of 60 years and above It is practicing ___________. Perceived value pricing takes the buyers’ perception into account True False The Correct Answer is : True 391.Profit B.English Auction B.Stabilising demand and sales of the product C.

a set of independent organisations involved in the process of making a product or service available for use or consumption 407. True False The Correct Answer is : False 400.Cash rebates C.a set of firms who handle the physical movement of goods from one point to another C.Target – return pricing 403.Usage characteristics of product E.Cash rebates C.:True False The Correct Answer is : False 399.Two – part pricing B.Two – part pricing B.Usage characteristics of product E.397. Pricing method is A.Target – return pricing The Correct Answer is : B.promoting the sale of goods The Correct Answer is : B. Factor influencing price is A.different departments of the producer firm which are associated in ensuring delivery of goods to the buyer D.assisting the consumer in understanding and using the goods D.marketing research C.Cash rebates 405.gathering and providing market information B.marketing research 408.Cash rebates C.Market – penetration pricing D. .Market – penetration pricing D. Of the following characteristic _______ is found only in some service like banking and not found in case of many services.Cash rebates C. With product – form segmented pricing different variants of the products are priced differently but not according to their costs True False The Correct Answer is : True 401.Usage characteristics of product E.Market – penetration pricing D.Two – part pricing B. An aspect of psychological pricing is reference prices – prices that buyers carry in their minds and refer to a when looking at a give product True False The Correct Answer is : True 398.Target – return pricing The Correct Answer is : A. members of the segment paying the lower price should be able to resell the product to the segment paying the higher price.Two – part pricing B. A. Product – mix pricing is A.Cash rebates C. Promotional pricing is A. Marketing channel refers to _________ A.Target – return pricing The Correct Answer is : D.Target – return pricing The Correct Answer is : E.Usage characteristics of product E.a physical channel for movement of goods in them from the seller to buyer B. For segmented pricing to be effective.Usage characteristics of product 402.Target – return pricing The Correct Answer is : C.Two – part pricing 406.Market – penetration pricing D. A firm should set a single price for a product and keep it constant as it moves through its life cycle.Two – part pricing B.a set of independent organisations involved in the process of making a product or service available for use or consumption The Correct Answer is : D.Market – penetration pricing 404. Pricing strategy for new product is A.Usage characteristics of product E.Market – penetration pricing D. The functions of distribution channel do not include ___________.

storage of goods B.variability and perishability D.Physical distribution B.wholesellers C. ________ are not found working for bank A.merchant establishments The Correct Answer is : B.servicing of the product The Correct Answer is : D.Fixing the price 413. Physical distribution function of marketing distribution channel does not have an effect on service True False The Correct Answer is : False .client relationship 409. In selection of the marketing channel. as it is experience oriented the layout of the branch along with the interior décor make an impact on the customer True False The Correct Answer is : True 412.zero The Correct Answer is : D. the product characteristics are relevant and market characteristic are of no consequence True False The Correct Answer is : False 411.perishability The Correct Answer is : C.forecasting demand for product D.taking orders C.Matching the offer D. Of the following intermediaries.perishability and client relationship B. Banking is a service industry however.inseparability and client relationship C. A.A.zero 414.variability C.inseparability B. The branch network of a bank is affected by RBI’s policy among other factors. Distribution channels carry out the following functions except _______ A.inseparability and intangibility 415.wholesellers 416. The location of the bank branches should be convenient for maintaining management control due to risky nature of banking business irrespective of the customer convenience True False The Correct Answer is : False 419. Computerised banking services have helped in working around the following characteristic _______. True False The Correct Answer is : True 418.Automobile dealers D.Fixing the price C. For industrial products direct-marketing channel is better suited.client relationship D.Risk taking The Correct Answer is : B. True False The Correct Answer is : True 420.two C.direct sales agents B. The following is not among the tasks performed under physical distribution _____________.servicing of the product 417. A.three B. A direct marketing channel is also called as _________ level channel A.one D.inseparability and intangibility The Correct Answer is : D. The maximum number of entities at any of the levels in a distribution channel is called the length of the channel True False The Correct Answer is : False 410.

Storage Warehouses Equipped to Despatch Goods Quickly on receipt of Orders The Correct Answer is : E.Length of Marketing Channel D. .Two or Three Level Channel E.enhance customer relationship 430.(i) and other three elements of marketing mix 428.Persuasion B.Iure the customer in to buying the products C.Direct Channel B.421.Storage Warehouses Equipped to Despatch Goods Quickly on receipt of Orders 427.Levels 423.Length of Marketing Channel 424.prevent customer from being critical of the firm D. Strong Competition A.Direct Channel B.Levels C. In integrated marketing communications.(iii) information and reinforcement The Correct Answer is : D.Two or Three Level Channel E.Two or Three Level Channel 426. Buyers’ behaviour stage is not relevant for determining the promotion mix True False The Correct Answer is : False 433.Storage Warehouses Equipped to Despatch Goods Quickly on receipt of Orders The Correct Answer is : C. Distribution Centers A.Levels C.(i) and other three elements of marketing mix The Correct Answer is : D.Levels C.(i) and (ii) D.Direct Channel B.Reminding D. The two main modes of transport for goods in India are rail and road True False The Correct Answer is : True 422.Storage Warehouses Equipped to Despatch Goods Quickly on receipt of Orders The Correct Answer is : A.enhance customer relationship B. Promotion mix of a firm includes public relations.Two or Three Level Channel E.(iii) information and reinforcement 429.Direct Channel B. A.Length of Marketing Channel D.Length of Marketing Channel D.Length of Marketing Channel D.none of the above The Correct Answer is : A.Direct Channel 425.Levels C. Perishable Products A. True False The Correct Answer is : True 431. The tools for communications with the customer are __________.Two or Three Level Channel E.Levels C.Promotion mix B.Direct Channel B. Number of Levels A. Promotion seeks to influence the buyer in decision – making through ________.Product and price C. the elements of promotion mix are blended True False The Correct Answer is : True 432.Storage Warehouses Equipped to Despatch Goods Quickly on receipt of Orders The Correct Answer is : D. Distribution Channel A. A. Promotion is an exercise of maintaining contact with the consumer at different levels so as to_________ A.Storage Warehouses Equipped to Despatch Goods Quickly on receipt of Orders The Correct Answer is : B.Two or Three Level Channel E.Compulsion C.(i).(i).Length of Marketing Channel D. An advertisement is not for __________.

equipment and procedures for generating and processing information D.Suburban train in Mumbai The Correct Answer is : A.telling about a new uses of a product C.consumers B. Marketing information system is concerned with information about ___________. Doller Rupee Co-operative Bank with ten branches in Mumbai should not opt for ___________.personal selling D. A.treasury-based investment product The Correct Answer is : C.A.A report on the bank appearing in a periodical B.Mumbai edition of Mid-Day eveninger C.a presentation made to the employees of utpadansheel udyog Ltd.the set of input and output report / statements to collate and purvey C.channel intermediaries C. equipment and procedures for generating and processing information 444.building brand preference The Correct Answer is : C.all of the above 445.explaining how a product works D.a presentation made to the employees of utpadansheel udyog Ltd.a product in decline stage 437.online marketing B.catalogue marketing The Correct Answer is : B.Hording at dadar in Mumbai D. Advertisements are the best medium for personal communication with Customers True False The Correct Answer is : False 439. The marketing personnel need information ______________ intervals. The current view of the salesmen is that they should be concerned more than just producing sales . 438. Direct marketing has become the fastest growing form of marketing True False The Correct Answer is : True 442.the software used for collecting and processing information The Correct Answer is : C.suggesting new uses of a product B.the structure of people.a program o f Lata Mangeshkar sponsored by the bank C.explaining how a product works 434. Personal selling is not an ideal medium of communication for _________ A. Marketing information system is ___________ pertaining to marketing A. Direct marketing has not proved to be a useful tool for building lasting Customer relationships True False The Correct Answer is : False 443.the computer hardware system used for handling database B.sales force D.internet banking C.core banking system B. A.star plus channel on television B. Personal selling is a useful strategy for sales in case of a decline stage of a product True False The Correct Answer is : False 440.As medium for its advertisement campaign A.the structure of people.and should be made to produce customer satisfaction True False The Correct Answer is : True 441. . The Correct Answer is : D. Direct marketing does not cover __________ A.public relations 435.star plus channel on television 436. Public relations element will not include __________.a product in decline stage D.an eye camp for cataract surgery sponsored by the bank D.all of the above The Correct Answer is : D.public relations C.

A.taking the required steps for effective marketing of their products 450.Monday Honey Bank wants to have a profile of Kalahandi Disrict to decide about opeing a new branch there C.Both (i) and (ii) above The Correct Answer is : D. B.A. during the last two years the branch has witnessed a significant decline in its deposits.Baroda branch of Prosperous Customer Bank is twelve-year-old.A hoarding at the station .Both (i) and (ii) above 451.Baroda branch of Prosperous Customer Bank is twelve-year-old.Internal Records System C. Marketing information system help in validating information and sorting out conflicting information True False The Correct Answer is : True 449.000 or more. Managing Director of the Bank desire to know the causes for ameliorating the situation.Information technology System 452. Which of the following situation falls under the purview of marketing Research System? A. 10. Promotion mix A.Analysis of quantitative information B. True False The Correct Answer is : False 455.Public relations B. which has been better than the industry average. The components of Marketing Information System do not include _________ A.on a continuous basis and regular 446. Marketing information system in not concerned with the evaluation of information colleted from either primary source or secondary sources.taking the required steps for effective marketing of their products D.Information technology System D. The Correct Answer is : D. and it recorded a compound annual growth rate of 20% in deposits during the first ten years.Get Rich Fast Bank wants a comparative business statistics with other 10 peer level banks in the country D.enabling the top management to keep control over the sales force C. during the last two years the branch has witnessed a significant decline in its deposits. which has been better than the industry average.for utilising their information technology capabilities The Correct Answer is : C. 454.the decision makers in the firm 453. True False The Correct Answer is : False 447.both (i) and (ii) above The Correct Answer is : C.the customer of the firm B. An effective MIS fulfils these _________.the competitor of the firm C. However. The ultimate user of the Marketing Information System are __________. and it recorded a compound annual growth rate of 20% in deposits during the first ten years.Riddhi Vriddhi Bank wants to send Diwali greeting cards to all its fixed deposit account holders with deposits of Rs.the decision makers in the firm D.Marketing Intelligence system B.at yearly B.Coordination among functional and specialists executives C.Limited to current scenario D. Firm need to collect and analyse the data A. Marketing information system is necessary because information is just not available to the decision makers from any ready source.on a continuous basis and regular E.at quarterly C. Managing Director of the Bank desire to know the causes for ameliorating the situation. A. However.at monthly D.Projecting their organisation as knowledge oriented B.None of the above The Correct Answer is : C. Marketing research uses the information readily available from the secondary sources True False The Correct Answer is : False 448. The Correct Answer is : D.

A hoarding at the station C.Strong message consistency The Correct Answer is : C.Major source – published information B.A press report on centenary of the bank D.Database management C.Data collected specifically D.Data collected specifically D.Strong message consistency The Correct Answer is : A.A press report on centenary of the bank D. Direct marketing A.Operations research tools The Correct Answer is : A.Contests 459.A hoarding at the station C.Public relations B. Marketing Research System A.Contests E.A press report on centenary of the bank 458.Strong message consistency The Correct Answer is : E. The marketing information requirements of a firm are very limited and for one – time need True False The Correct Answer is : False 461.Strong message consistency The Correct Answer is : D. psychographic and behavioural data on customers and prospects E.Major source – published information B.Public relations B.Contests E.A press report on centenary of the bank D.Data collected specifically . psychographic and behavioural data on customers and prospects E.Public relations B.Geographic. demographic.Database management C.C.A press report on centenary of the bank D.A press report on centenary of the bank D.Geographic.Contests E.Contests E. True False The Correct Answer is : False 464.Operations research tools The Correct Answer is : C. Marketing Information System A.Strong message consistency 460.Strong message consistency The Correct Answer is : B. Typically. demographic. most of the information for the marketing information system is collected from secondary sources True False The Correct Answer is : True 463.Major source – published information B. Public relations A. Consumer is of no relevance for the marketing information system. Marketing information system collects and analyses the information as per the system initially prescribed and is not concerned with the type of information required by management True False The Correct Answer is : False 462.Major source – published information 466. Marketing Intelligence System A.A hoarding at the station C.Public relations B. since almost entire information is collected from independent sources.A hoarding at the station 457.Data collected specifically 465.Database management C. promotion-mix integration A.A hoarding at the station C.Public relations 456. Sales promotion A.Contests E.

Geographic.Data collected specifically D. demographic.Database management 467.Geographic. psychographic and behavioural data on customers and prospects E.Data collected specifically D. Data analysis A.Geographic.Operations research tools The Correct Answer is : B.Major source – published information B. psychographic and behavioural data on customers and prospects E.Operations research tools .Operations research tools The Correct Answer is : D. Customer database A. demographic. psychographic and behavioural data on customers and prospects 468.Database management C. demographic. psychographic and behavioural data on customers and prospects E.Major source – published information B.Geographic. demographic.Database management C.D.Operations research tools The Correct Answer is : E.