Bank Promotion Mock Test-01

Welcome to your Bank Promotion Mock Test-01

01. RBI’s Monetary and credit policy is reviewed :

A. On half –yearly basis

b. On quarterly

c. On bi – monthly basis

d. On mid –quarter basis

02. the statutory Liquidity ratio [ SLR] cannot be less than ______ of net demand and time liabilities of a bank :

a. 20%

b. 25%

c. 30%

d. RBI discretion

03. The maximum level up to which statutory Liquidity Ratio can be prescribed by RBI as per BR Act is :

A. 25%

b. 30%

c. 35%

d. 40%

04. Which investment is not included as part of statutory Liquidity ratio [SLR] assets:

a. Cash in hand

b. Gold owned by the bank

c. Investment in un – encumbered approved govt. securities

d. Investment in quoted shares

05. Where a bank fails to maintain statutory Liquidity ratio [SLR], penalty for this:

A. 3% on the entire amount

b. 3% on the amount of shortfall

c. 3% over bank rate for the first day and 5% over bank rate for the succeeding day

d. 5% over bank rate for the first day and 3% for the succeeding day [over bank rate]

06. Under which of the following , maintenance of cash Reserve Ratio by banks is required:

a. Section 42 of RBI Act 1934

b. section 42 of BR Act 1949

c. Section 42 [1] of RBI Act 1934

d. Investment in quoted shares

07.the minimum cash Reserve Ratio – CRR , as per RBI Act is :

A. 10%

b. 8%

c. 6%

d. 5%

e. as per RBI direction

08. the maximum cash Reserve Ratio – CRR, as per RBI Act can be raised by RBI up to:

a. 40%

b. 35%

c. 30%

d. 25%

e. as per RBI discretion

09. What is the rate of interest paid on cash Reserve Ratio -CRR balances with RBI :

A. SB rate

b. Bank rate

c. nil

d. Repo rate

10. In case of single [ or individual borrower ], the exposure ceiling as fixed by RBI, is :

a. 15% of the paid up capital of the bank

b. 15 % capital fund of the bank

c. 15% of net worth of the bank

d. 15% of capital of the borrower

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