Wednesday, April 15, 2015

Day 3 - Questions


Day 3 - Types of Banks (Part-II)

(Cooperative Banks, MUDRA Bank, Small and Payment Banks, Postal Bank of India, Specialized Banks - EXIM, SIDBI, NABARD, etc)


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1.  
Which of the following Cooperative banks work in district level?
a.  Primary Credit Societies
b.  Central Cooperative Banks
c.  State Cooperative Banks
d.  All of these

2.  Cooperative banks are registered with -
a.  Reserve Bank of India
b.  Union Government
c.  Registrar of Cooperative Societies (RCS)
d.  None of the above

3.  Anonya Cooperative Bank Ltd. (ACBL) is the first Cooperative Bank in India. Where is it located?
a.  Bhopal, Madhya Pradesh
b.  Kolkata, West Bengal
c.  Lucknow, Uttar Pradesh
d.  Vadodara, Gujarat

4.  The government is to set up Postal Bank of India in near future. What is the proposed structure of this bank?
a.  Small Bank
b.  Payments Bank
c.  Universal Bank
d.  Central Bank

5.  MUDRA Bank will regulate and refinance all Micro-Finance Institutions (MFIs) in India. What is the full form of 'MUDRA'?
a.  Micro and Universal Development Refinance Agency
b.  Micro Units Development and Refinance Agency
c.  Micro-finance Units Development and Regulation Agency
d.  Micro Units Development and Regulation Agency

6.  What amount of corpus is allocated to set up MUDRA Bank?
a.  Rs. 20,000 crore
b.  Rs. 25,000 crore
c.  Rs. 3,000 crore
d.  Rs. 3,500 crore

7.  What percentage of Priority Sector Lending (PSL) is being created for Micro Enterprises?
a.  10 %
b.  7.5 %
c.  8.5 %
d.  9.5 %

8.  MUDRA bank will refinance and regulate which institutions?
a.  Non-Banking Financial Companies (NBFCs)
b.  Commercial Banks
c.  Micro Finance Institutions (MFIs)
d.  None of the above

9.  What amount is allocated for Credit Guarantee Corpus of MUDRA Bank?
a.  Rs. 20,000 crore
b.  Rs. 25,000 crore
c.  Rs. 3,000 crore
d.  Rs. 3,500 crore

10.  MUDRA Bank will be created under which yojana of government?
a.  Pradhan Mantri Mudra Yojana
b.  Pradhan Mantri Jan Dhan Yojana
c.  Pradhan Mantri Suraksha Bima Yojana
d.  All of the above

11.  What is the total minimum paid-up capital of Small Banks and Payment Banks?
a.  Rs. 100 crore
b.  Rs. 200 crore (Min. paid-up capital of Small banks and Payment banks are Rs. 100 core each)
c.  Rs. 50 crore
d.  Rs. 150 crore

* Changed this question. Refer the following -

What is the minimum paid-up capital of Small Banks and Payment Banks?
a.  Rs 100 crore each
b.  Rs. 200 crore each
c.  Rs. 50 crore each
d.  Rs. 150 crore each

12.  Which of the following banks cannot take time deposits from public?
a.  Small Bank
b.  Payment Bank
c.  Both a and b
d.  None of the above

13.  Which bank is mainly created for providing remittance / payment services?
a.  MUDRA Bank
b.  Small Bank
c.  Payment Bank
d.  Both b and c

14.  Payment Banks can issue which type of Cards?
a.  Credit Cards
b.  Debit Cards
c.  Both a and b
d.  None of the above

15.  What is the main purpose to set up Small Banks?
a.  Providing credit to small farmers, small business, unorganized sectors, etc.
b.  Providing remittance / payment services
c.  Providing credit to large industries
d.  All of the above

16.  Payment banks can accept demand deposits, but initially with a maximum limit. What is that limit?
a.  Rs. 1,00,000
b.  Rs. 50,000
c.  Rs. 75,000
d.  No such limit

17.  Choose the correct option regarding headquarters -
a.  EXIM Bank - Mumbai, NABARD - Mumbai, SIDBI - Mumbai
b.  EXIM Bank - New Delhi, NABARD - Mumbai, SIDBI - Mumbai
c.  EXIM Bank - Mumbai, NABARD - Mumbai, SIDBI - Lucknow
d.  EXIM Bank - Mumbai, NABARD - Kolkata, SIDBI - Mumbai

18.  Which bank is created for the promotion of cross border trade and investment?
a.  NABARD
b.  SIDBI
c.  EXIM Bank
d.  None of the above

19.  Choose the correct option regarding chairmen -
a.  NABARD - Dr. Harsh Kumar Bhanwala
b.  EXIM Bank - Mr. Yaduvendra Mathur
c.  SIDBI - Dr. Kshatrapati Shivaji
d.  All of the above are true

20.  National Housing Bank (NHB), a subsidiary of RBI, regulates and refinances social housing programs in India. Where is the headquarter of NHB?
a.  New Delhi
b.  Mumbai
c.  Bengaluru
d.  Chennai

21.  What is the full form of NABARD?
a.  National Bank for Agriculture and Rural Development
b.  National Bank for Agriculture and Rural Department
c.  National Agricultural Bank and Rural Development
d.  National Agricultural Bank and Rural Department

22.  NABARD was formed on the recommendation of Committee to Review Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD), set up by RBI. Who chaired the committee?
a.  U.K.Patel
b.  Bimal Jalan
c.  B.Sivaraman
d.  Y.V.Reddy

23.  SIDBI provides short term loans and refinance facilities to -
a.  Micro, Small and Medium Enterprises (MSMEs)
b.  Large Industries
c.  Small Farmers
d.  None of the above

24.  Primary Credit Societies work in -
a.  village level
b.  district level
c.  state level
d.  country level

25.  Banking aspects of Cooperative banks are governed by -
a.  Reserve Bank of India
b.  Registrar of Cooperative Banks
c.  Union Government
d.  State Government




Note - Do not refer any source while answering the questions. 


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