Bank Promotion Exams

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Mock Test - General Banking

 
Dur:10 Min   Max Marks:10   Pass Marks:5 Time Remaining:
 
  Q 1 .  At maturity of FUTURE CONTRACT the spot price is more than the Future price, is known as
  a)   convergence
  b)   contango
  c)   backwardation
  d)   none of the above
  e)   I am not attempting this question
  Q 2 .  In securitisation, who is the obligor?
  a)   Borrower
  b)   Lending Bank
  c)   Securitisation Company
  d)   None of the above
  e)   I am not attempting this question
  Q 3 .  Banks are empowered to take possession of securities (other than rural properties) under provisions of……………Act, when the borrower fails to repay the loan as per the agreement.
  a)   Indian Contract Act
  b)   Revenue Recovery Act
  c)   DRT Act
  d)   SARFAESI Act
  e)   I am not attempting this question
  Q 4 .  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 5 .  Chennai and Kolkata have …… benches of Debt Recovery Tribunal
  a)   2
  b)   3
  c)   4
  d)   5
  e)   I am not attempting this question
  Q 6 .  The way devices are interconnected is known as ......
  a)   Network
  b)   Topology
  c)   LAN
  d)   None of these
  e)   I am not attempting this question
  Q 7 .  A holder for value is ......
  a)   A bank allows one of its clients to withdraw against clearing of a cheque.
  b)   A bank which maintains high net worth customers accounts
  c)   A bank which collects cheques for non customers
  d)   A bank which handles high value clearing cheques
  e)   I am not attempting this question
  Q 8 .  Advertising and sales promotion, public relations are three of the five tools of the promotion mix. The other two are ......
  a)   Personal selling, direct marketing
  b)   Home banking, internet banking
  c)   Physical evidence and people
  d)   Neither of the above
  e)   I am not attempting this question
  Q 9 .  Who decides on the quantity of coins to be minted?
  a)   RBI
  b)   Govt. of India
  c)   Ministry of Finance
  d)   Ministry of Commerce
  e)   I am not attempting this question
  Q 10 .  MICR was introduced in ......
  a)   1945
  b)   1954
  c)   1965
  d)   1956
  e)   I am not attempting this question