Banking Officer Exam Template With Answers Page 27
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29Bank of India Banking Officer Paper – 2017 (Practice Set)
82). Answer Key: (b)
88). Answer Key: (b)
RBI regulate the banking sector (governmentand
C – Capital Adequacy, A – Assets, M – Management,
private banks) by banking reglation act 1949 and
E – Earning Profit, L – Liquidity
RBI act 1935 which entrusted responsibility on the
RBI to work foru the enhancement of banking
89). Answer Key: (d)
sector in India .RBI is the sole authority to issue
Nifty is an index of top 50 stocks in National stock
banking licenses to entities who want to open bank
exchange (NSE).
in India , and if any bank want to open new branch
it has to be take prior approval from RBI.
90). Answer Key: (d)
Headquarter - New Delhi
83). Answer Key: (a)
The term of RBI governor is for three years and
91). Answer Key: (a)
appointed by GOI.
Amortization refers to the process of allocating the
cost of an intangible asset over a period of time. It
84). Answer Key: (c)
also refers to the repayment of loan principal over
Basel is a city in Switzerland which is also the
time.
headquarters of Bureau of International Settlement
(BIS). The Bank for International Settlements (BIS)
92). Answer Key: (d)
established on 17 May 1930, is the world's oldest
CD- Certificate of Deposit
international financial organization. There are two
CD is issued by the bank
representative offices in the Hong Kong and in
Minimum amount of CD is 1 lakh
Mexico City. In total BIS has 60 member countries
Valid for minimum – 7 days
from all over the world and covers approx 95% of
Valid for maximum – 365 days
the world GDP.
93). Answer Key: (a)
85). Answer Key: (d)
FPO (Follow on Public Offer)
MCX-SX-40 was founded in 2008. It is the youngest
exchange with its Head Quarter in Mumbai.
94). Answer Key: (b)
Bank have to maintain some part of their deposits
86). Answer Key: (b)
in itself in the form of cash/foreign exchange,
In MTSS, maximum of Rs.50,000 can be remitted
mutual fund. This is called SLR. Its maximum limit
inwards as per the money value and a maximum of
can be 40% and there is no minimum limit.
30 transactions per calendar year.
95). Answer Key: (c)
87). Answer Key: (c)
RBI works as an agent of the central and state
Sensex is is an index of top 30 stocks in Bombay
governments. On the behalf of government it makes
stock exchange (BSE).
payments, taxes and deposits etc. It also represent
Page 27
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Education