1. The permanent account number (PAN), which is an alphanumeric number allotted by the income tax department to taxpayers, consists of how many digits?

    (A) Seven digits                           (B) Eight digits

    (C) Nine digits                              (D) Ten digits

    (E) Eleven digits

2.Which of the following regulators regulates credit rating agencies in India?

    (A) Reserve Bank of India (RBI)

    (B) Securities and Exchange Board of India (SEBI)

    (C) Insurance Regulatory and Development Authority(IRDA)

    (D) Forward market commission(FMC)

    (E) None of these

3.Which of the following instruments is NOT a negotiable instrument?

    (A) Banknote                              (B) Promissory note

    (C) Bill of exchange                    (D) Cheque

    (E) Demand draft

4. Star series banknotes issued by the RBI refer to which of the following?

    (A) Banknotes issued to track black money

    (B) Banknotes used to replace those with defective printing

    (C) Banknotes issued for a short period

    (D) Plastic notes                         (E) None of these

5. The Reserve Bank of India (RBI) has permitted some non-bank entities to set up white-label ATMs in India. Which of the following is/are among them?

    (A) Tata Communications Payment Solutions

    (B) Vakrangee

    (C) Muthoot Finance

    (D) Prizm Payment Services

    (E) All the above

6.Which of the following banks has the highest number of branches outside India?

    (A) HDFC Bank                         (B) ICICI Bank

    (C) Bank of Baroda                    (D) Indian Overseas Bank

    (E) Punjab National Bank

7. Expand the term MFI as used in banking/financial parlance.

    (A) Market Finance Institution

    (B) Medium Finance Institution

    (C) Micro Finance Institution

    (D) Mega Finance Institution

    (E) None of these

8.Which of the following cannot be categorised as a debt instrument?

    (A) Loan                                    (B) Certificate of deposit

    (C) Commercial paper              (D) Bond

    (E) Stock

9. Banks in India normally follow a practice of providing additional interest rate on retail domestic term deposits of _________.

    (A) Handicaps                              (B) Senior citizens

    (C) Rural people                          (D) Married women

    (E) None of these

10. In the event of a bank failure, Deposit Insurance and Credit Guarantee Corporation (DICGC) protects bank deposits that are payable in India. Which of the following is not covered by DICGC?

    (A) Deposits of Central/State Govts

    (B) Current                                    (C) Recurring

    (D) Fixed                                        (E) Savings

Answer:

Q.           Ans.

1             D

2             B

3             A

4             B

5             E

6             C

7             C

8             E

9             B

10          A