RBI ASSISTANT MAINS STUDY PLANNER – BANKING AWARENESS DAY 7

Dear Banking Aspirant,

The exam which is hard to crack is here and the mains exam is still few days away and you have to prepare for that hard to crack the exam because the competition is higher and the number of candidates attending the mains exam for each state is less when compared to the prelims Examination.

This is one of the important exams and this will be the start for the IBPS CLERICAL MAINS EXAM which will happen in the new year. So start your preparations now with the RBI ASSISTANT Mains Planner and prepare for the exams. The Clerical Exam will be over and after that you still have to start your preparations for the RBI ASSISTANT mains exam so start from now on. You will be able to attend the questions if there is constant preparations are there.

We have planned this planner in such a way that this will cover all the current affairs from the month of September to November and the last two days will have quizzes from the month of December till 15th. So we have got the whole topics covered and this will be your key to crack the exam, because current affairs, banking awareness and Computer awareness equals to a total of 80 marks in the mains examination. As you all know the exams are getting tougher and we have to be prepared for any scenarios , so prepare hard for this RBI ASSISTANT MAINS EXAMINATION 2017 and crack the exam with your constant preparations.


RBI ASSISTANT MAINS STUDY PLANNER

Banking Awareness Day 7

Time : 10 Minutes


Q.1) A bank in India, wants to undertake capital market activities, it should ________.

a) Register with SEBI

b) Obtain special license from AMFI

c) Obtain special license from FIMMDA

d) Register with RBI

e) None of these

Q.2) Which is known as the arrangement when more than one bank allows credit facilities to one party in co-ordination with each other?

a) Amortization

b) Consortium

c) Moratorium

d) Subvention

e) None of these

Q.3) What happens when a bank dishonor a cheque?

a) It is called settlement of the cheque

b) It is called return of the cheque unpaid

c) It is called nullifying of the cheque

d) It is called withdrawing of the cheque

e) None of these

Q.4) Which is the instrument used by RBI under general credit control?

a) CRR

b) SLR

c) Exchange Control

d) Bank Rate

e) None of these

Q.5) What is the minimum net owned amount required for a company registering as NBFC?

a) 100 lakh

b) 50 lakh

c) 200 lakh

d) 20 lakh

e) 300 lakh

Q.6) India is a member of the International Monetary Fund since _____.

a) 1934

b) 1935

c) 1945

d) 1949

e) None of these

Q.7) Which of the following functions are not being performed by the Reserve Bank of India?

a) Regulation of banks in India

b) Foreign currency management in India

c) Regulation of foreign direct investment in India

d) Control and supervision of money supply

e) None of these

Q.8) SWIFT hosts an annual conference every year called ____ which is specifically aimed at the financial services industry.

a) SIBES

b) SWIFTNET

c) SWIFTEK

d) SIBOS

e) None of these

Q.9) In which of the following types of banking, the banks offer all types of financial services to expand their business?

a) Narrow banking

b) Social banking

c) Universal banking

d) Wholesale banking

e) Retail banking

Q.10) What type of loan is granted by banks for purchase of the White Goods?

a) Mortgage Loan

b) Consumer Durables Loan

c) Consumption Loan

d) Home Loan

e) None of these

Q.11) Loan given for undertaking repairs, renovations and/or up gradation is called?

a) Home Damage Loan

b) Home Improvement Loan

c) Home Custody Loan

d) Home Consumption Loan

e) All of above

Q.12) NIM Stands for?

a) Net Interest Minimum

b) Not Interest Margin

c) Net Internal Margin

d) Net Interest Margin

e) Net Interest Module

Q.13) DICGC is the wholly owned subsidiary of?

a) SBI

b) NABARD

c) Union Government

d) RBI

e) IDBI

Q.14) Which of the following are to be followed by Commercial Banks for risk management?

a) Basel II norms

b) Basel III norms

c) Basel I norms

d) Solvency II norms

e) Both b and d

Q.15) Arbitrage is?

a) Buying and selling in two markets simultaneously

b) A rate of interest

c) A Fee

d) Arbitrage is a dispute

e) A interest money of Mortgage loan

Q.16) Which one of the following belongs to Bank Capitalization?

a) Basel I norms

b) Basel II norms

c) Basel III norms

d) Solvency II norms

e) None of these

Q.17) ___________ promoted Securities Trading Corporation of India Limited (STCI) jointly with the Public sector banks?

a) RBI

b) FICCI

c) FEMA

d) IRDA

e) SEBI

Q.18) How many Deputy Governors are there in RBI?

a) 2

b) 4

c) 5

d) 3

e) None of these

Q.19) Which among the following is the First Decentralized ledger currency?

a) BITECOIN

b) LITECOIN

c) NAMECOIN

d) BITCOIN

e) None of these

Q.20) What is a Lease?

a) A rental agreement between owner of a flat/house and the Tenant, whereby the Tenant pays specified amount on specified dates to the owner

b) A legal contract between the owner of an asset and its user, containing many conditions including payment of a specified amount by the user to the Owner for use of the asset

c) Both a and b

d) Rental documents/between two people

e) None of these


Check the answers for the above banking awareness questions from the ones that is given below. 

Click Here to View Answer

To know more about the official languages of the regions , please read the following link to check the languages list.

RBI Assistant 2017 Notification Released


You can check the perks of being a RBI Assistant and the emoluments of the premier banking institution from the link given below.


PERKS OF BEING AN RBI ASSISTANT – SALARY,EMOLUMENTS, ALLOWANCES AND CAREER PROGRESSION