16
Portal Updates:
w w w. s a k s h i e d u c a t i o n . c o m






Jr. Customer Service Executive Jobs at Tata Communication
Admission: PG Programmes for 2016-17 at University of Hyderabad
Engineering Special: Comprehensive Study Material for CSE & IT
Sakshi Bhavita Online Edition www.sakshieducation.com/bhavitha.aspx
K.V. Gnana Kumar
Director
DBS, Hyderabad.
MODEL QUESTIONS
1. Alice Vaidyan is the Chairman
and Managing Director of which
of the following Insurance Com-
panies?
a) New India Assurance
b) Life Insurance Corporation
c) Birla Sun Life Insurance Co.
Ltd.
d) National Insurance Company
e) General Insurance Corporati-
on of India
2. Prepayment charges are exempt-
ed for:
a) Housing Loans
b) Education Loans
c) Agri. Loans
d) Corporate Loans e) a, b & c
3. Minimum and Maximum period
of Certificate of Deposits:
a) 15 days & 1 year
b) 30 days & 1 year
c) 7 days & 1 year
d) 7 days & no limit e) None
4. The Reserve Bank established
which board to encourage
transparency in lending and fair
pricing and customer servicing?
a) Board of Financial Supervisi-
on (BFS)
b) Banking Ombudsman
c) Banking Codes and Standards
Board of India
d) Deposit Insurance and Credit
Guarantee Corporation
e) All of the Above
5. In strategic alliance, the alliance
partners:
a) Merge with each other
b) One partner acquires the other
c) Remain separate entities
d) It is a type of convertion
e) None of the above
6. Maximum SLR to be maintained
by banks is:
a) 50% of Net Demand and Time
Liabilities (NDTL)
b) 40% Net Demand and Time
Liabilities
c) 30% Net Demand and Time
Liabilities
d) 60% Net Demand and Time
Liabilities
e) None of the above
7. With regard to nomination to Ill-
iterate account, which of the fol-
lowing statement is correct?
a) Can extend in favour of lite-
rate only
b) Nomination facility is not av-
ailable
c) Consent from Nominee is req-
uired
l
{ l gq]l
Send your Feedback to..sakshieducation@gmail.com
Ol>l l $l l
H{ l 13 l 2016
Maximum SLR to be maintained by banks is:
d) Witness is a must e) None L) for all scheduled commercial b) Rangarajan Committee
8. A customer is entitled to get a du- banks are calculated on ___ c) Saraf Committee
plicate DD in place of the lost
one, provided:
SBI a) Adjusted Net Bank Credit
[ANBC]
d) Shere Committee
e) b and c
a) He gives due intimation to the
issuing branch Clerks b) Credit Equivalent Amount of
Off - Balance Sheet Exposure
31. Which of the following does not
match?
b) Payment of DD not already
made by the drawer branch
Special c) Either Adjusted Net Bank Cre-
dit [ANBC] or Credit Equival-
a) Regulator of insurance market
IRDA
c) Execution of an indemnity Financial ent Amount of Off - Balance b) Regulator of capital market
Bond Awareness Sheet Exposure SEBI
d) All of the above d) Adjusted Net Bank Credit [AN- c) Regulator of money market
e) a and b BC] or Credit Equivalent Amo- RBI
9. Bank stakeholders include: named accounts unt of Off - Balance Sheet E- d) Regulator of forex market
a) Shareholders c) Mandatory in case of joint xposure, whichever is higher SEBI
b) Customers c) Employees accounts e) All of the Above e) All of the Above
d) a & b only e) a, b, c d) Mandatory for locker accounts 23. When banks give home loans, the 32. This gives added value to produ-
10. Agency which purchases NPA e) None nature of charge created is: cts(is part of the product) in an
from banks is called: 17. Which of the following statem- a) Hypothecation attempt to augment their produc-
a) Asset Management Company ents is not correct with regard to b) Mortgage c) Assignment ts with values and associations
b) Assets Reconstruction Com- Tax Saver Scheme of Banks? d) Pledge e) None that are recognised by and are
pany a) Tax exemption is available for 24. Depositories hold securities in meaningful to their customers:
c) Consolidation Company the deposit amount under sec- which of the following forms? a) Promotion b) Brand
d) Financial Reconstruction Co- tion 80C of IT Act i. Demat, ii. Physical c) Product d) Price
mpany b) Period of deposit is allowed a) Only (i) b) Only (ii) e) c and d
e) None of the above up to 5 Years c) Either (i) or (ii) 33. Who among the following was
11. Working capital means: c) TDS is applicable, if interest d) Both (i) and (ii) e) None selected to succeed Arun Kumar
a) Capital Requirements for the payment is above Rs.10,000 in 25. The nature of charge created wh- Jain as the new Chairperson of
day-to-day transactions a financial year ile advancing against LIC polici- the Central Board of Direct
b) Excess of current assets over d) Maximum amount of deposit es is: Taxes (CBDT)?
current liabilities allowed is Rs. 5 Lakhs a) Assignment b) Lien a) Sushil Chandra
c) Fixed assets - Current assets e) c & d c) Pledge d) Set-off b) Atulesh Jindal
d) None of above e) b and c 18. What is the total Priority Sector e) a and b c) Laxman Das
12. E.P.S. in share market stands for: Lending target for Foreign banks 26. Universal Banking means____ d) Subrat Kumar Ray
a) Earnings Per Share with 20 branches and above to a) International Banking e) Sudha Sharma
b) Electronic Payment System be increased to ____ by 2018? b) Wholesale Banking 34. The Central Board of RBI comp-
c) Employee Pension Scroll a) 32 % b) 34 % c) Offering multiple Financial rises, a Governor, 4 deputy gove-
d) Equated Payment System c) 36 % d) 40 % Products rnors and ____ directors.
e) None of these e) None of the above d) All of the above e) a and b a) 5 b) 7 c) 10
13. Housing Loans granted to indiv- 19. No security is required for obtai- 27. In Core banking system: d) 15 e) 9
iduals up to Rs.___ for constru- ning Educational Loan up to an a) Branches are connected to a 35. S.S. Tarapore passed away in
ction of houses (excluding loans amount of: central host Mumbai on February 2, 2016. He
granted by banks to their emplo- a) Rs.4.0 lakhs b) Rs.3.5 lakhs b) Branch automation modules was well-known for his work in
yees) are treated as priority sect- c) Rs.5.5 lakhs d) Rs.6.5 lakhs and delivery channels are inc- the field of:
or advances: e) Rs.7.5 lakhs orporated a) Diplomacy b) Banking
a) 1 lakh b) 10 lakhs 20. EEFC a/c means: c) Transactions are done central- c) Civil Service d) Law
c) 25 lakhs d) 20 lakhs a) Exchange Earnings Foreign ly and online e) Agriculture
e) 15 lakhs Currency a/c d) All of the above e) a and b 36. Prime Minister Narendra Modi
14. When the contents of the Negot- b) Exchange Earnest Foreign 28. Cheque truncation can be done by: unveiled the Start-up India action
iable Instrument are modified by Currency a/c a) Using MICR data plan to encourage new ventures
the drawer, it is treated as: c) Exchange Earners Foreign b) Using electronic image of the on January 16, 2016. Income of
a) Forgery b) Fraud Currency a/c cheque and processing it at start-ups will be exempted from
c) Material alteration d) Exchange Equated Foreign CTS centre tax for how many years?
d) Suppression of facts e) None Currency a/c c) Using data processing a) 1 b) 2 c) 3
15. Operational risk is the risk of loss e) None of these d) a & b e) None d) 4 e) 6
arising from various types of: 21. As per SEBI guidelines, in a Bo- 29. RBI acts as the Banker to the___
a) Human error ok Building process the cap in Governments: KEY
b) Failed systems and procedures the price band: i. Central ii. State 1) e 2) e 3) c 4) c
in the bank a) Should be at least 10% of the a) Only (i) b) Only (ii) 5) c 6) b 7) d 8) c
c) Breakdown in internal controls floor price c) Either (i) or (ii) 9) e 10) b 11) a 12) a
d) All of the above b) Should not be more than 20% d) Both (i) and (ii) 13) c 14) c 15) d 16) a
e) a and b of the floor price e) None of the above 17) d 18) d 19) a 20) c
16. Exercise of nomination by the c) No limits d) a and c 30. The committee which has recom- 21) b 22) d 23) b 24) a
depositor is: e) None mended for establishment of data 25) a 26) c 27) d 28) b
a) Optional to the depositor 22. The targets and sub-targets set u- warehouse is: 29) d 30) a 31) d 32) b
b) Mandatory in case of single nder priority sector lending (PS- a) Vasudevan Committee 33) b 34) d 35) b 36) c