Description : Which of the following bansk has launched „Elite‟ card on the Master Card World platform which is enabled with NFC (Near Field Communication) technology? A) ICICI B) PNB C) SBI D) Axis Bank E) Canara Bank
Last Answer : C) SBI Explanation: This allows customers a contactless payment experience, adding more speed and suave to their wallets. The new card comes with a joining fee of Rs 4,999 and all customers will receive a welcome gift worth Rs 5,000 in the form of vouchers from popular lifestyle and travel brands.
Description : Which of the following banks have become the first banks to join SWIFT‟s global payments initiative? A) ICICI and HDFC Bank B) IndusInd Bank and SBI C) PNB and Federal Bank D) Axis Bank and ICICI E) ICICI and SBI
Last Answer : D) Axis Bank and ICICI Explanation: Global payments leader SWIFT said that ICICI Bank and Axis Bank have become the first domestic lenders to sign up for its global payments innovation initiative ... and global reach and in the first phase, the initiative will focus on business-tobusiness payments.
Description : _____has constantly endeavoured to develop the commercial bills market. a. Commercial bank b. RBI c. SBI
Last Answer : b. RBI
Description : Mark the correct option a) Maximum 12 deposit can be made in a financial year and more than one deposit can be made in one month b) Only one account can be opened in Post office or SBI or any ... from one PO to another and PO to State bank or nationalized bank vice versa. d) All the above
Last Answer : d) All the above
Description : The NHB, which a wholly – owned subsidiary of the_____.(a )SBI b) BOI c)RBI)
Last Answer : c)RBI)
Description : The setting up of the National Housing Bank (NHB), a fully owned subsidiary of the Reserve Bank of India in _____ as the apex institution marketed the beginning of emergence housing finance as a fund based financial services in India.(a) 1987, b) 1978, c)1988)
Last Answer : c)1988)
Description : _____ is the stages when commercial manufacturing has to commence.(a) Start Ups b) second round finance c) both )
Last Answer : (a) Start Ups
Description : The early stage financing of venture capital includes _____ (a) start ups b) second round finance c) both).
Last Answer : c) both).
Description : The first step in the Monte Carlo simulation process is to _____. a) generate random numbers b) set up cumulative probability distributions c) establish random number intervals d) set up probability distributions
Last Answer : d) set up probability distributions
Description : Under the SARFAESI Act, 2002, the Central Registrar may allow the filing of the particulars of creation of security interest within _____ next following the expiry of the period of initial thirty days on payment of additional fee. a) Ten days b) Thirty days c) Twenty-five days d) Fifteen days
Last Answer : b) Thirty days
Description : An asset is officially appraised and priced on _____. a) verification date b) valuation date c) report date d) effective date
Last Answer : b) valuation date
Description : Salary under section 17(1) of the Income Tax Act, 1961 does not include _____. a) wages b) pension c) interest d) gratuity
Last Answer : interest
Description : Guidelines on impurities in drug substances and drug products is given in _____ guidelines? A. ICH Q1 B. ICH Q2 C. ICH Q3 D. ICH Q4
Last Answer : B. ICH Q2
Description : _____ is useful in differentiating credit quality. .(a) Credit rating b) credit evaluation c) both )
Last Answer : (a) Credit rating
Description : _____ is a process of evaluating risk associated with the credit instrument.(a) Credit rating b) credit evaluation c) both )
Description : Dunham Greenberg formula is not based the consumer’s _____(a) material status b) Income level c) financial position)
Last Answer : (a) material status
Description : A set of complex and closely connected instructions, agents, practices, markets transactions, claims and liabilities relating to financial aspects of an economy is referred as: _____. a. Financial system b. Financial market c. Financial institution
Last Answer : a. Financial system
Description : What adjustment is made while using the Discounted Cash Flow method to value cyclical companies? a) Normalize earnings b) Use high discount rate c) Use bank rate for discounting d) Use high growth rate
Last Answer : a) Normalize earnings
Description : Which of the following is a revenue receipt? a) Loan from the International Monetary Fund b) Grant from the World Bank c) Borrowing from the Public d) Public Issue of shares
Last Answer : b) Grant from the World Bank
Description : Cheque card issued by a bank which guarantees the payment of_______ within prescribed limit. (a) Cheque b) purchase c) cash
Last Answer : (a) Cheque
Description : ____ Card issued jointly by a member bank, and non-finance organization.(a) co branded b) budget c) Smart)
Last Answer : (a) co branded
Description : Membership of ________ can be taken by an individual, Registered Partnership Firm, Corporate or bank. a. SEBI b. RBI c. MSEI
Last Answer : c. MSEI
Description : Which of the following is not necessarily a party to a forfaiting transaction? a. Exporter b. Broker c. Bank
Last Answer : b. Broker is not necessarily a party to a forfaiting transaction. Forfaiting is a financing technique used in international trade to mitigate the risk of non-payment by the importer. It involves ... be involved in facilitating the transaction, but it is not a necessary party to the transaction.
Description : The depositor shall be pay Rs _____ to transfer of PPF account one PO to another PO or SBI bank a) Rs 10/- b) Rs 50/- c) Rs 1/- d) Free
Last Answer : d) Free
Description : Which of the following Banks in India is known to be the first Indian bank to adopt the concept of market segmentation ? 1. Punjab National Bank 2. State Bank of India 3. ICICI Bank 4. Bank of Barod 5. Canara Bank
Last Answer : State Bank of India
Description : Which Indian bank has signed an agreement with Thailand‟s Kasikorn Bank to enhance cooperation in trade and investment? A) State Bank of India B) Yes Bank C) Canara Bank D) Axis Bank E) Union Bank of India
Last Answer : D) Axis Bank Explanation: The MoU will serve to strengthen existing ties between the two banks and will help facilitate and enhance cooperation in the areas of trade, investment and other businesses The ... as the Thailand Prime Minister Prayut Chan-o-cha is on a three-day visit to India.
Description : Star Union Dai-Ichi Life insurance is a life insurance joint venture between life insurer Dai-Ichi and which banks? A) Indian Overseas Bank and United Bank of India B) Bank of India and Union Bank C) Canara Bank and Bank of India D) Allahabad Bank and OBC Bank E) Union Bank and Bank of Baroda
Last Answer : B) Bank of India and Union Bank Explanation: Star Union Dai-Ichi Life insurance = Japan‘s largest life insurer Dai-Ichi + Bank of India + Union Bank
Description : Which of the banks has signed agreements with the World Bank for $625 million to support grid connected rooftop solar programme in the Country? A) Canara Bank B) State Bank of India C) Bank of India D) Bank of Maharashtra E) Indian Overseas Bank
Last Answer : B) State Bank of India Explanation: State Bank of India has signed agreements with the World Bank for $625 million to support grid connected rooftop solar programme in the Country SBI Capital Markets was keen advisor for structuring and setting up the facility
Description : Reliance Industries (RIL) has signed agreement with which of the following to set up payments bank? A) Canara Bank B) State Bank of India C) Yes Bank D) Axis Bank E) Indian Overseas Bank
Last Answer : B) State Bank of India Explanation: Telecom-to-energy conglomerate Reliance Industries (RIL) and India s largest lender State Bank of India (SBI) have signed Subscription and Shareholders Agreement to ... in the payments bank and SBI as joint venture will have 30 per cent equity contribution.
Description : The bank which has the highest number of branches in the world is? A. State Bank of India B. RBS C. London Bank D. Canara Bank
Last Answer : A. State Bank of India
Description : Regional Rural Banks arc sponsored by (1) Nationalized Commercial Bank (2) Reserve Bank of India (3) State Bank of India (4) Government of India
Last Answer : (1) Nationalized Commercial Bank Explanation: The Narasimham committee conceptualized the foundation of regional rural banks in India. Five regional rural banks were set up on October 2. 1975. There ... Bank. United Bank of India and United Commercial Bank, which sponsored the regional rural banks.
Description : Which nationalized bank of India has a shining star as its emblem? (1) Syndicate Bank (2) Indian Bank (3) Bank of India (4) Bank of Baroda
Last Answer : (3) Bank of India Explanation: The new logo of the Bank of Baroda is a unique representation of a universal symbol. It comprises dual 'B' letterforms that hold the rays of the rising ... the bank offers rewarding careers and to our investors and business partners, maximum return on their investment.
Description : Reserve Bank of India was nationalized in - (1) 1948 (2) 1947 (3) 1949 (4) 1950
Last Answer : (3) 1949 Explanation: The Reserve Bank of India was nationalised with effect from 1st January, 1949 on the basis of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948. All shares ... of a suitable compensation. The Reserve Bank of India (RBI) is India's central banking institution.
Description : The largest shareholder of a nationalized bank is_______ A. RBI B. Government of India C. NABARD D. All of the Above E. None of the Above
Last Answer : B. Government of India Explanation: Public Sector Banks (PSBs) are banks where a majority stake (i.e. more than 50%) is held by a government.The shares of these banks are listed on stock ... 2011 IDBI bank and in 2014 Bharatiya Mahila Bank were nationalized with a minimum capital of Rs 500 crore.
Description : In which year Reserve Bank of India (RBI) was nationalized?
Last Answer : 1949
Description : The Idea of providing factoring services was first thought of in India by_____. a. Tandem committee b. Malhotra committee c. Vaghul committee
Last Answer : c. Vaghul committee
Description : Sanchita is working for a nationalized bank and is in the process of creating a table to store the details of customers of the bank. -Technology
Last Answer : Primary key AccountNoCandidate key AccountNo and PAN NumberAlternate key PAN Number
Description : In what year was Corporation Bank nationalized ?
Last Answer : Corporation Bank was nationalized in 1980 .
Description : In what year was Bank of Baroda nationalized ?
Last Answer : Bank of Baroda was nationalized in 1969 .
Description : An investment pays Rs.300 annually for five years, with the first payment occurring today. The present value of the investment discounted at a 4% annual rate is approximately __________. a) Rs.1336 b) Rs.1389 c) Rs.1625 d) Rs.1925
Last Answer : b) Rs.1389
Description : The free cash flow to the firm (FCFF) is closest to ___________. a) Rs.130 lakh b) Rs.112 lakh c) Rs.118 lakh d) Rs.124 lakh
Last Answer : c) Rs.118 lakh
Description : The terminal value in year 6 is closest to __________. a) Rs.22.57 b) Rs.20.42 c) Rs.24.30 d) Rs.25.70
Last Answer : a) Rs.22.57
Description : The per share value Dev should assign to RC Ltd. is closest to ___________. a) Rs.15.35 b) Rs.20.86 c) Rs.17.35 d) Rs.18.46
Last Answer : c) Rs.17.35
Description : The required rate of return is closest to ____________. a) 10.012% b) 7.062% c) 0.062% c) 11.065%
Last Answer : c) 0.062%
Description : There are two income-based approaches that are primarily used when valuing a business, the Capitalization of Cash Flow Method and the ___________. a) Net Present Value Method b) IRR Method c) Discounted Cash Flow Method d) Discounted Payback Period
Last Answer : c) Discounted Cash Flow Method
Description : Which of the following is the capitalization rate of the BC Ltd.? a) 5.0% b) 3 % c) 4% d) 4.5%
Last Answer : c) 4%
Description : What is the annual future earnings of the AZ Ltd. using ‘Capitalization of Earning Method’? a) Rs.150 crore b) Rs.180 crore c) Rs.200 crore d) Rs.190 crore
Last Answer : c) Rs.200 crore
Description : The exemption under section 54 of the Income Tax Act, 1961 is available ___________. e) to the extent of capital gain invested in the house property f) proportionate to the net consideration price invested g) to the extent of amount actually invested h) to the extent of net consideration
Last Answer : to the extent of capital gain invested in the house property
Description : According to RBI Guidelines on Sale of Stressed Assets by Banks, identification of stressed assets beyond a specified value, as may be determined by bank’s policy, for sale is ___________. a) Top-down b) Bottom–top c) Horizontal d) Vertical
Last Answer : a) Top-down
Description : STRIPS stands for ______________. a) Separate Trading of Registered Interest and Principal Shares b) Segregated Trading of Registered Interest and Principal Securities c) Separate Trading of ... Interest and Principal Securities d) Segregated Trading of Registered Interest and Principal Shares
Last Answer : c) Separate Trading of Registered Interest and Principal Securitie