1. What is 'American Depository Receipt' (ADR)?
a) It is a security issued by a Bank or a depository in United States of America (USA) against underlying rupee shares of a company incorporated in India
b) Bank deposit in India
c) Bank Deposit in USA
d) Bank Deposit in Europe
e) None of these
2. What is 'Direct investment outside India'?
a) Purchasing of land in India
b) It means investment by way of contribution to the capital or subscription to the Memorandum of Association of a foreign entity or by way of purchase of existing shares of a foreign entity either by market purchase or private placement or though stock exchange, but does not include portfolio
investment
c) Selling of land in India
d) Investment in Gold
e) None of these
3. What is 'Foreign Currency Convertible Bond' (FCCB)?
a) A bond in Indian Rupees
b) It is a bond issued by an Indian company expressed in foreign currency, and the principal and interest in respect of which is payable in foreign currency;
c) Gold Bond
d) Guilt-edged bond
e) None of these
4. What is 'Global Depository Receipt' (GDR)
a) Cash Memo
b) It is a security issued by a bank or a depository outside India against underlying rupee shares of a company incorporated in India
c) Invoice
d) Fixed Deposit Receipt
e) None of these
5. Who is an 'Investment banker' ?
a) It is a payments bank
b) An Investment banker is a banker registered with the Securities and Exchange Commission in USA, or the Financial Services Authority in UK, or appropriate regulatory authority in Germany, France, Singapore or Japan;
c) It is a small bank
d) RBI
e) None
6. What is 'Net worth' in financial terms?
a) Net used for inter connection
b) Net used for fishing
c) It means paid up capital and free reserves
d) It is gold e) None of these
7. What is 'Wholly Owned Subsidiary (WOS)' ?
a) It is retailer
b) It is a foreign entity formed, registered or incorporated in accordance with the laws and regulations of the host country, whose entire capital is held by the Indian party;
c) Whole sale shop
d) Super Bazar
e) None of these
8. In the abbreviation CDSL, the letter S sands for what?
a) Services (CDSL: Central Depository Services Ltd.)
b) System
c) Surety
d) Subsidy
e) None of these
9. RBI had given Banking licence to IDFC and which bank almost at the same time?
a) Bandhan Bank
b) Airtel Payments Bank
c) India Post Payments Bank
d) HDFC Bank
e) None of these
10. IFSC Code contains how many digits?
a) 4 b) It is a 11 digit alphanumeric code
c) 12
d) 18
e) 14
11. In the abbreviation EBW, the letter W stands for what?
a) Written Off (EBW:Export Bills permitted to be Written off)
b) Wrote
c) Writ
d) With
e) None
12. "India's international Bank" is the slogan of which bank?
a) Indian Bank
b) Bank of Baroda
c) South Indian Bank
d) Bank of India
e) Allahabad Bank
13. Mobile application used in Mobile for banking is called as?
a) E-commerce
b) M-Banking
c) Internet banking
d) Investment banking
e) None of these
14. What is the full form of CRR?
a) Colour Reserve Ratio
b) Cash Reserve Ratio
c) Cool Reserve Ratio
d) Cushion Rate Ratio
e) None of these
15. In the abbreviation SARFAESI, the letter R stands for what?
a) Removal
b) Reconstruction (SARFAESI : Securitisation and Reconstruction of Financial Assets and
Enforcement of Security Interest Act)
c) Rise
d) Raise
e) Rupee
16. In the abbreviation BPLR, the letter B stands for what?
a) Business
b) Benchmark (BPLR : Benchmark Prime Lending Rate)
c) Branch
d) Bank
e) Best
17. Planning Commission is replaced by which of the following?
a) Finance Commission
b) NITI Ayog
c) UPSC
d) Law Commission
e) Administrative Reforms Commission
18. Who is the head of the Committee for Unclaimed funds of PPF?
a) R.Gandhi
b) SS Mundra
c) H.R.Khan
d) Viral Acharya
e) None of these
19. In the abbreviation MPLADS, the letter L stands for what?
a) Level
b) Life
c) Local (MPLADS: Member of Parliament Local Area Development Scheme)
d) Lease
e) Less
20. Special Drawing Rights of IMF are called as what?
a) Liquid gold
b) White Gold
c) Paper Gold
d) Pure Gold
e) None of these
21. What is the aim of 'devaluation of currency'?
a) Decrease exports and increase imports
b) Increase exports and decreased imports
c) Increase imports and exports
d) Decrease imports and exports
e) None of these
22. India Post Payments Bank Limited has commenced operations as a payments bank from which date?
a) 1.1.2017
b) 30.1.2017
c) 15.8.2016
d) 1.7.2016
e) None
a) It is a security issued by a Bank or a depository in United States of America (USA) against underlying rupee shares of a company incorporated in India
b) Bank deposit in India
c) Bank Deposit in USA
d) Bank Deposit in Europe
e) None of these
2. What is 'Direct investment outside India'?
a) Purchasing of land in India
b) It means investment by way of contribution to the capital or subscription to the Memorandum of Association of a foreign entity or by way of purchase of existing shares of a foreign entity either by market purchase or private placement or though stock exchange, but does not include portfolio
investment
c) Selling of land in India
d) Investment in Gold
e) None of these
3. What is 'Foreign Currency Convertible Bond' (FCCB)?
a) A bond in Indian Rupees
b) It is a bond issued by an Indian company expressed in foreign currency, and the principal and interest in respect of which is payable in foreign currency;
c) Gold Bond
d) Guilt-edged bond
e) None of these
4. What is 'Global Depository Receipt' (GDR)
a) Cash Memo
b) It is a security issued by a bank or a depository outside India against underlying rupee shares of a company incorporated in India
c) Invoice
d) Fixed Deposit Receipt
e) None of these
5. Who is an 'Investment banker' ?
a) It is a payments bank
b) An Investment banker is a banker registered with the Securities and Exchange Commission in USA, or the Financial Services Authority in UK, or appropriate regulatory authority in Germany, France, Singapore or Japan;
c) It is a small bank
d) RBI
e) None
6. What is 'Net worth' in financial terms?
a) Net used for inter connection
b) Net used for fishing
c) It means paid up capital and free reserves
d) It is gold e) None of these
7. What is 'Wholly Owned Subsidiary (WOS)' ?
a) It is retailer
b) It is a foreign entity formed, registered or incorporated in accordance with the laws and regulations of the host country, whose entire capital is held by the Indian party;
c) Whole sale shop
d) Super Bazar
e) None of these
8. In the abbreviation CDSL, the letter S sands for what?
a) Services (CDSL: Central Depository Services Ltd.)
b) System
c) Surety
d) Subsidy
e) None of these
9. RBI had given Banking licence to IDFC and which bank almost at the same time?
a) Bandhan Bank
b) Airtel Payments Bank
c) India Post Payments Bank
d) HDFC Bank
e) None of these
10. IFSC Code contains how many digits?
a) 4 b) It is a 11 digit alphanumeric code
c) 12
d) 18
e) 14
11. In the abbreviation EBW, the letter W stands for what?
a) Written Off (EBW:Export Bills permitted to be Written off)
b) Wrote
c) Writ
d) With
e) None
12. "India's international Bank" is the slogan of which bank?
a) Indian Bank
b) Bank of Baroda
c) South Indian Bank
d) Bank of India
e) Allahabad Bank
13. Mobile application used in Mobile for banking is called as?
a) E-commerce
b) M-Banking
c) Internet banking
d) Investment banking
e) None of these
14. What is the full form of CRR?
a) Colour Reserve Ratio
b) Cash Reserve Ratio
c) Cool Reserve Ratio
d) Cushion Rate Ratio
e) None of these
15. In the abbreviation SARFAESI, the letter R stands for what?
a) Removal
b) Reconstruction (SARFAESI : Securitisation and Reconstruction of Financial Assets and
Enforcement of Security Interest Act)
c) Rise
d) Raise
e) Rupee
16. In the abbreviation BPLR, the letter B stands for what?
a) Business
b) Benchmark (BPLR : Benchmark Prime Lending Rate)
c) Branch
d) Bank
e) Best
17. Planning Commission is replaced by which of the following?
a) Finance Commission
b) NITI Ayog
c) UPSC
d) Law Commission
e) Administrative Reforms Commission
18. Who is the head of the Committee for Unclaimed funds of PPF?
a) R.Gandhi
b) SS Mundra
c) H.R.Khan
d) Viral Acharya
e) None of these
19. In the abbreviation MPLADS, the letter L stands for what?
a) Level
b) Life
c) Local (MPLADS: Member of Parliament Local Area Development Scheme)
d) Lease
e) Less
20. Special Drawing Rights of IMF are called as what?
a) Liquid gold
b) White Gold
c) Paper Gold
d) Pure Gold
e) None of these
21. What is the aim of 'devaluation of currency'?
a) Decrease exports and increase imports
b) Increase exports and decreased imports
c) Increase imports and exports
d) Decrease imports and exports
e) None of these
22. India Post Payments Bank Limited has commenced operations as a payments bank from which date?
a) 1.1.2017
b) 30.1.2017
c) 15.8.2016
d) 1.7.2016
e) None
