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1) Name the person elected as the new Chairman of the Life Insurance Corporation of India? a. V K Sharma b. S K Roy c. Sushil Kumar d. Rajesh Vadhera
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2) National Insurance Academy located in ________. a. Chennai b. Calcutta c. Pune d. Hyderabad
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3) Name the initiative launched by the Finance Minister Arun Jaitely to revamp functioning of public sector banks, PSBs on 14th Aug’15? a. Seven Plan b. Maulik Niti c. BankNiti d. Indradhanush
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4) Which of the following norms intends to strengthen Bank Capital requirements? a. Basel II norms b. Basel III norms c. Basel I norms d. Solvency II norms
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5) Which was the first bank to introduce savings account in India? a. Bank of Hindustan b. General Bank of India c. Presidency Banks d. Bengal Bank
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6) The SBI merged entity will have an asset base of ____? a. 35 trillion b. 37 trillion c. 72 trillion d. 45 trillion
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7) Which is the instrument used by RBI under general credit control? a. CRR b. SLR c. Bank Rate d. Exchange Control
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8) Which of the following defines 'Para Banking' services? a. Eligible financial services rendered by banks b. Services provided through business correspondents c. Services provided to armed forces personnel d. Utility services provided by banks
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9) Who has allowed banks to tie up with insurers, to sell three products each from life, non-life and standalone health insurance segment? a. RBI b. SIDBI c. IRDAI d. NABARD
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10) Which has been conferred “Special Award for Excellence in MSME lending” for its performance in lending to the MSME sector during the year 2013-14 and 2014-15? a. State Bank of Patiala b. Vijaya Bank c. State Bank of Travancore d. Canara Bank
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11) Which one of the following is controlled by the World Wide Web? a. Universal Banking b. Virtual Banking c. Wholesale Banking d. None of these
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12) The first RRB named Prathama Grameen Bank was sponsored by ______? a. Punjab National Bank b. State Bank of India c. Syndicate Bank d. Canara Bank
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13) Which of the following organizations has been set up to facilitate connectivity between the Bank's switches and their ATMs, and inter-bank payment gateway for authentication and routing the payment details of various e-commerce transactions? a. IBA b. IDRBT c. IRDA d. SIDBI
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14) Who has been appointed as the CMD of GIC Re India? a. T. S. Vijayan b. Mrs. Alice G Vaidyan c. Anuj Agrawal d. Neelesh Garg
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15) Name the body of 'eminent' professionals and officials, which will replace the Appointments Board for appointment of Whole-time Directors as well as non-Executive Chairman of PSBs? a. NITI Aayog b. NIYATAM c. Bank Board Bureau d. Bureau of Banking Standards
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16) In which year was the Banking Regulation Act passed? a. 1949 b. 1955 c. 1959 d. 1969
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17) Which of the following is the Oldest Joint Stock Bank of India which is still working? a. Allahabad Bank b. Bank of Upper India c. Patiala Bank d. State Bank of India
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18) “Scheduled bank” in India means a bank _____. a. Incorporated under the Companies Act, 1956 b. Authorized to the Banking business c. Governed by the Banking Regulation Act, 1949 d. Included in the Second schedule to the Reserve Bank of India Act 1934
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19) Which is the minimum lending rate decided by RBI which shall be adopted by all Public-Sector Banks? a. Bank rate b. Base rate c. Overnight rate d. None of the above
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20) Which one of the following is controlled by the World Wide Web? a. Universal Banking b. Virtual Banking c. Wholesale Banking d. None of these
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