DSSSB – 2015 Tire II
- Manipulation in CRR enables the RBI to
(a) Influence the lending ability of the Commercial Banks.
(b) Check unemployment growth
(c) Check poverty
(d) Increase GDP - If RBI wants to decrease the money supply in order to check inflation it will
(a) Sell bonds
(b) Increase CRR
(c) Hike bank rate
(d) All of the above - CRR means
(a) Cash Reserve Ratio
(b) Current Rate of Return
(c) Cumulative Rate of Return
(d) Current Rate of Rupee - Performing assets means
(a) Money at call and short notice
(b) Cash Balance with RBI
(c) Bank Balance with RBI
(d) Loans and advance which generate income
DSSSB – 2018 Male
NO Questions from This Section
DSSSB – 2018 Female
NO Questions from This Section
DSSSB – 2021 Male
- Bank of Venice was established in –
1. 1514
2. 1154
3. 1157
4. 1517 - Which is the most ancient bank in the world?
1. Bank of ancient France
2. Bank of ancient Rome
3. Bank of Venice
4. Bank of Greece - The State Bank of India Act was passed in 1959 and in course of time, 8 major State associated banks were amalgamated with the main bank as its subsidiaries. Which one of the following is not one of those banks?
1. The Hyderabad State Bank
2. Bank of Saurashtra
3. Bank of Punjab
4. Bank of Rajasthan - Which bank first evolved the function of clearance, settlements and transfer of mutual claims?
1. Bank of England
2. World bank
3. Bank of Ancient Rome
4. Bank of Venice - The banker takes care of funds of the customer as a?
1. Security Guard
2. attorney
3. correspondent
4. executor - The importance of central bank’s function as the lender of the last resort was stressed by Walter Bagehot in which year?
1. 1872
2. 1873
3. 1870
4. 1871 - Which of the following statement(s) is/are true about monetary policy of RBI?
A. Monetary policy is one of RBI’s controlled expansion.
B. RBI possesses extensive powers of credit control, only quantitative in nature.
C. the monetary policy of the RBI has been rather weak.
D. The monetary policy of RBI has been very effective.
1. A and C are true
2. A and D are correct
3. Only A is True
4. only B is true - What is a “BANK RATE” ?
1. the rate of interest charged by the RBI on loans to Commercial banks
2. the rate of interest charged by the RBI on loans to Government of India
3. the rate of interest charged by the RBI on loans to Agricultural banks
4. the rate of interest charged by the RBI on loans to State banks - Which of the following statements is/are false?
A. The cash reserve ratio affects the credit creation.
B. Business conditions of the banks like inflation, depression, etc. affect the credit creation process.
C. Credit Policy of the Central bank affects the cash reserve ratio.
D. All the banks have the same nature and extent of programmes of credit sanction and disbursement.
1. Only A is false
2. Only D is false
3. A and B are false
4. Only C is false - Who stipulates the rate of interest in savings bank account?
1. Concerned bank
2. Indian bank association
3. RBI
4. Government of India - Read the Assertion and Reasoning and select the correct option.
Assertion (A): Bank rate is also called as credit rate.
Reasoning (R): Banks need funds to expand credit facilities to their clients, specially during busy season.
1. Assertion (A) is false but Reason (R) is true.
2. Assertion (A) is true but Reason (R) is false.
3. Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
4. both assertion (A) and reasoning (R ) are true and Reason (R ) is the correct explanation of Assertion (A) - Which of the following does not hold short-term claims as working balance against the major reserve centers?
1. central bank
2. business firms
3. commercial banks
4. RBI - What is the unique role of IDBI that is different from other development banks ?
1. It undertakes underwriting of the public issue of shares and debentures made by companies.
2. It subscribes directly to the issue of shares and debentures made by industrial concerns.
3. Providing financial assistance directly to industrial units, as well as to refinance loans granted by other financial institutions.
4. It grants loans and advances to companies repayable between 8 to 10 years. - Where is the headquarters of Bank of International Settlement situated?
1. Germany
2. Belgium
3. Switzerland
4. France - E-cash is not based on which of the following systems ?
1. Digital Name
2. Digital Signatures
3. Electronic Data Exchange
4. Cryptocurrency - The gold standard was briefly reinstated from which to which year as the Gold Exchange Standard?
1. 1925-31
2. 1914-39
3. 1920-30
4. 1927-32 - Industrial Finance Corporation of India (lFCl) is managed by a Board of Directors, which consists of partly elected and partly nominated directors. The Central Government appoints the whole-time Chairman of the Board in consultation with the Industrial Development Bank of India (IDBI). How many directors are appointed by the Reserve Bank of India?
1. Three directors
2. One director
3. Two directors
4. Reserve Bank of India does not appoint directors
DSSSB – 2021 Female First Shift
- Reserve Bank of India was nationalized in which of the year?
1. 1949
2. 1962
3. 1960
4. 1959 - State which statement is untrue from the following-
1. RBI has clarified that units becoming sick on account of willful mismanagement.
2. A special cell has been set up within the rehabilitation finance division of IDBI to attend the case of sickness of industries.
3. RBI issued suitable guidelines to the bank to determine sources of additional funds needed to finance.
4. RBI has constituted a standing co-ordination committee to consider issues relating to co- ordination between commercial banks and lending institutions. - Which function is not performed by RBI from the following?
1. Note issue
2. Control over stock exchange
3. Custodian of foreign exchange reserves
4. Banker of government
DSSSB – 2021 Female Second Shift
- Which of the following types of bank-accounts allows for overdraft facility to the account-holder?
1. Savings Account
2. Current Account
3. Recurring deposit
4. Fixed Deposit Account - How many types of co-operative banks are operating in India currently?
1. 2
2. 4
3. 5
4. 3 - What is the maximum number of Deputy Governors that RBI can have?
1. 6
2. 3
3. 4
4. 5 - Which of the following services is not provided by E- banking?
1. Fund transfer
2. Cash withdrawal by ATM
3. Discount of Bill
4. Bill payment service - _______ is a banking service provided by a group of networked bank branches where customers may access their bank accounts and perform basic transactions from any of the member branch office.
1. Core banking
2. Tele banking
3. ECS debit
4. RTGS
PGT Commerce Jharkhand -2017
- The number of banks that were nationalized in 1969 and 1980 was———–respectively.
1. 14 and 6
2. 12 and 8
3. 21 and 10
4. 15 and 9 - Which of the following DOES NOT constitute payment in due course by the bank?
1. The payment is made to a person not in possession of the instrument but to an unconnected person.
2. The payment is made in good faith.
3. The payment is made without negligence
4. The payment is made in accordance with the apparent tenor of the instrument - Which of the following statements is NOT true about the liquidity adjustment facility provided by the Reserve Bank of India (RBI)
1. It is unsecured lending/borrowing arrangement between the RBI and the banks.
2. The repo rate under the liquidity adjustment facility is fixed/changed by the RBI during the monetary policy announcements.
3. The objective of liquidity adjustment facility is to inject/absorb liquidity into/from the system.
4. It is extended by the RBI to scheduled commercial banks (excluding regional rural banks) and primary dealers only. - In which of the following situation does the Negotiable Instruments Act give protection to a banker making payment on a cheque?
1. The payment is made against a cheque on which the customer’s signature is forged and the customer is unaware of the forgery.
2. The payment is made against a cheque which has been materially altered, the alteration is visible but not authenticated by the customer’s
3. The payment is made in good faith and without negligence against a cheque which has been materially altered but the alteration is not apparent
4. The payment of cash to an employee of the bank who accompanied the customer to the customer’s office but absconded with the money before reaching the customer’s office. - In which of the following may a banker refuse payment against a cheque issued by a customer?
1. When the banker receives notice of the customer’s insanity.
2. When an order of the court prohibits payment.
3. When a customer countermands payment; i.e. issues ‘stop payment’ instructions.
4. When there are insufficient funds in the customer’s account and there is no communication from the customer to honour the cheque. - As on March 31, the current assets of XYZ Ltd. Were Rs. 5,00,000 (including core current assets Rs. 2,00,000) and the current liabilities (other than bank borrowings) stood at Rs. 1,50,000. The maximum permissible bank finance under Method III of the Tandon Committee recommendations is :
1. Rs. 62,500
2. Rs. 2,25,000
3. Rs. 2,62,500
4. Rs. 75,000 - Which of the following instrument is NO longer actively used by the Reserve Bank of India (RBI) as an instrument of monetary management?
1. Market Stabilisation Scheme
2. Marginal Standing Facility
3. Bank Rate
4. Liquidity Adjustment Facility - The equity of capital of a regional rural bank (RRB) is held:
1. By the state government where the RRB is located
2. Jointly by the central government, state government and the sponsor bank
3. Jointly by central government and state government
4. By the central government - Which of the following is NOT an achievement of bank nationalisation?
1. Reduction in the cost of intermediation
2. Financial accommodation to neglected sections of society
3. Availability of adequate resources for implementation of five-year plans
4. Expansion of bank branches. - The tenure of the first auditor of a company is from the date of his appointment till:
1. the conclusion of statutory meeting
2. the conclusion of first Annual General Meeting
3. the end of the financial year
4. the date of his removal - Which of the following is an important recommendation of the Chore Committee?
1. Norms from inventories and receivables covering 15 major industries
2. Fixation of separate limit by the bank for peak and non-peak level
3. Lending norms for bank lending to industry covering three methods for calculation of maximum permissible bank finance
4. Submission of operating plan for ensuing year by borrowers to indicated likely demand for credit. - Which of the following statements is FALSE?
1. SLR is to be maintained on all days of the entire fortnight
2. CRR is to be maintained as an average over the entire fortnight
3. Inter-bank term deposits/term borrowing liabilities of original maturities of 15 days and above and up to one year are not to be included in Net Demand and Time Liabilities for computation of Cash Reserve Ratio.
4. Inter-bank term deposits/term borrowing liabilities of original maturities of 15 days and above and up to one year are not to be included in Net Demand and Time Liabilities for computation of Statutory Liquidity Ratio - Scheduled banks are those which are listed in the Second Schedule of the :
1. Banking companies (Acquisition and Transfer of Undertakings) Act, 1970
2. Companies Act, 1956
3. Reserve Bank of India Act, 1934
4. Banking Regulation Act, 1949 - When a bank advances a loan to a customer against the security of gold/valuables, the relationship between the bank and the customer of such gold/valuables is that of :
1. Lessor and Lessee
2. Debtor and Creditor
3. Baille and Bailor
4. Trustee and Beneficiary - Which of the following does NOT have the right to refinance facilities from RBI?
1. Exim Bank of India
2. Thane Janata Sahakari Bank Ltd., Thane
3. Andhra Pradesh Grameen Vikas Bank, Warangal (Andhra Pradesh)
4. Nainital Bank - Under the Banking Regulation Act 1949, for the purpose of branch authorisation policy for commercial banks, which of the following is NOT treated as a branch?
1. A call centre
2. Off-site ATM
3. Extension counter
4. Specialised branch