Q1.Which of the following institutions is the umbrella organization for all
retail payment systems in India?
retail payment systems in India?
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25%
(a) RBI
11%
(b) CCIL
20%
(c) CDSL
43%
(d) NPCI
Q2.A cheque which has been written by the maker and dated at some point
in the past is known as—
in the past is known as—
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18%
(a) Out-of-date cheque
53%
(b) Post-dated cheque
16%
(c) Pre-paid cheque
13%
(d) Antedated cheque
Q3.‘SFMS’ is a secure messaging standard developed to serve as a
platform for intra-bank and inter-bank applications. The first letter ‘S’
in the abbreviation ‘SFMS’ stands for—
platform for intra-bank and inter-bank applications. The first letter ‘S’
in the abbreviation ‘SFMS’ stands for—
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22%
(a) Structured
41%
(b) Simplified
27%
c) Standard
11%
(d) Sheltered
Q4.A currency which either has a missing portion or is composed of more
than two pieces is categorized as a—
than two pieces is categorized as a—
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11%
(a) Soiled Note
28%
(b) Imperfect Note
24%
(c) Detached Note
37%
(d) Mutilated Note
Q5.The ‘Interest Rate Risk’ is a type of–
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32%
(a) Market Risk
37%
(b) Liquidity Risk
17%
(c) Reputational Risk
14%
(d) Operational Risk
Q 1.In case of Small Finance Banks (SFB), the loan size and investment
limit exposure to single—
limit exposure to single—
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20%
(a) 15 per cent of total advances
39%
(b) 10 per cent of capital funds
37%
(c) 15 per cent of capital funds
5%
(d) 10 per cent of total advances
Q 2.The Depositor Education and Awareness Fund (DEAF) is maintained
with—
with—
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49%
(a) Reserve Bank of India
19%
(b) NABARD
30%
(c) Life Insurance Corporation
2%
(d) State Bank of India
Q3.The last six characters of the alphanumeric IFSC printed on the cheque
helps in identifying the—
helps in identifying the—
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49%
(a) Bank branch
33%
(b) Type of account
18%
(c) Bank name
0%
(d) Business or profession
Q 4.The recently launched ‘UPI’ is expected to make sending money easy.
The letter ‘I’ in the abbreviation ‘UPI’ stands for
The letter ‘I’ in the abbreviation ‘UPI’ stands for
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69%
(a) Interface
21%
(b) Infrastructure
10%
(c) Institution
0%
(d) Internationa
Q 5.The ‘Mudra Bank’ is a subsidiary of—
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12%
(a) ICICI
37%
(b) RBI
11%
(c) IFCI
40%
(d) SIDBI
Q1.A central bank of a country uses Open Market Operations (OMO) as
the primary means of implementing—
the primary means of implementing—
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4%
(a) Tax policy
72%
(b) Monetary policy
22%
(c) Fiscal policy
2%
(d) Budgetary policy
Q3.The microfinance institutions (MFI) registered as Non-Banking
Finance Companies (NBFC) are presently regulated by
Finance Companies (NBFC) are presently regulated by
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16%
(a) SEBI
47%
(b) Reserve Bank of India
30%
(c) MUDRA (SIDBI) Bank
7%
(d) NABARD
Q4.SBI Life Insurance Limited is a joint venture life insurance company
of State Bank of India (SBI) and—
of State Bank of India (SBI) and—
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17%
(a) HDFC Life Insurance Company
65%
(b) Life Insurance Corporation of India
7%
(c) BNP Paribas Cardiff
11%
(d) ICICI Prudential Life Insurance Company
Q5.The alphabet ‘D’ in the abbreviation ‘NDTL’, commonly used in
banking world, stands for—
banking world, stands for—
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35%
(a) Demand
29%
(b) Debenture
15%
(c) Debt
21%
(d) Deposit
Q1.SMERA Limited, a popular body in the financial world, is a full
service—
service—
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10%
(a) Asset Financing Company
70%
(b) Asset Management Company
13%
(c) Credit Information Bureau
8%
(d) Credit Rating Agency
Q2.‘MobiKwik’ is the name of a—
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75%
(a) Mobile wallet and online payment system
13%
(b) Online shopping portal
8%
(c) White Label ATM entity
4%
(d) Brown Label ATM entity
Q3.The country’s first Aadhaar based ATM is launched by which one of
the following banks?
the following banks?
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33%
(a) ICICI Bank
29%
(b) SBI
29%
(c) HDFC
8%
(d) DCB Bank
Consider the following sentences regarding ‘India Post Payment
bank’—
1. It is third entities that get approval from Reserve Bank of India. 2. It can accept deposits up to 3 lakh per account from individuals. Which of the above sentence(s) is/are true
bank’—
1. It is third entities that get approval from Reserve Bank of India. 2. It can accept deposits up to 3 lakh per account from individuals. Which of the above sentence(s) is/are true
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18%
(a) Only 1
44%
(b) Only 2
33%
(c) 1 and 2
5%
(d) None of the above
Q5.A currency note which is wholly or partly washed, shrunk, altered or
indecipherable is known as a—
indecipherable is known as a—
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20%
(a) Forged banknote
37%
(b) Soiled banknote
35%
(c) Obliterated banknote
8%
(d) Imperfect banknote