BANK PROMOTION EXAMS

Bank Promotion Exams

Mock Test - General Banking

Dur:10 Min Max Marks:10 Pass Marks:5

Time Remaining:

Q 1 . ...... are not Commercial Banks

a)	Public Sector Banks
b)	Cooperative Banks
c)	Private Sector Banks
d)	d. Foreign Banks
e)	I am not attempting this question

Q 2 . Garnishee order will be applicable to accounts if the relation between the banker and customer is

a)	Debtor and creditor
b)	creditor and debtor
c)	agent and principal
d)	bailor and bailee
e)	I am not attempting this question

Q 3 . ...... is not a fund based facility

a)	cash credit
b)	letter of credit
c)	bill finance
d)	term loan
e)	I am not attempting this question

Q 4 . Mandate given by the illiterate account holder should be

a)	Attested by manager who confirms and certifies thee same.
b)	Attested by Notary public or Magistrate.
c)	It is enough if we ask for a Mandate letter with LTI which has to be attested an authorised official.
d)	We cannot accept a mandate from an illiterate customer at all.
e)	I am not attempting this question

Q 5 . A cheque is the Mandate of the:

a)	Banker
b)	Account holder
c)	Holder
d)	Payee
e)	I am not attempting this question

Q 6 . Headquarters of SWIFT is at ......

a)	Newyork
b)	Paris
c)	Brussels
d)	London
e)	I am not attempting this question

Q 7 . FDI STANDS for ?

a)	Foreign Direct Investment
b)	Foreign Dedicated Investment
c)	Foreign Dealers Investment
d)	Foreign Dead Investment
e)	I am not attempting this question

Q 8 . Clayton’s rule is applicable in case of

a)	Term loan & cash credit
b)	Demand loan & overdraft
c)	Term loan & overdraft
d)	Cash credit & overdraft
e)	I am not attempting this question

Q 9 . ISP in Internet Banking stands for ........ ?

a)	Internet Service Punching
b)	Internet Service Provider
c)	Internal Security Procedure
d)	Internal Security Provider
e)	I am not attempting this question

Q 10 . A firm discounts its export receivables of up to 5 years without recourse to the exporter under which of the following arrangement.

a)	forfeiting
b)	factoring
c)	bills discounting
d)	foreign bills discounting
e)	I am not attempting this question