1. Consider the following events:
1. Conversion of Imperial Bank of India into S.B.I.
2. Establishment of NABARD
3. Setting up of RRBs
4. Nationalisation of R.B.I.
The correct chronological sequence of these events is :
(a) 4, 1, 2, 3
(b) 4, 1, 3, 2
(c) 1, 4, 3, 2
(d) 1, 4, 2, 3
2. Word Bull and Big are associated with which branch of commercial activity?
(a) Foreign Trade
(b) Banking
(c) Share Market
(d) Manufacturing
3. How do we define the terms bull and bear with regard to stock markets?
(a) A bull is an optimistic operator who first buys and then sells shares in expectation of the
price going up; a bear is a pessimistic market operator who sells the shares in expectation of
buying them back at a lower price
(b) There is nothing significantly different as both operate in the capital market
(c) Bull is one who first sells a share and then buys it at a lower price; bear means one who
first buys and then sells it in expectation of prices going up
(d) A bull is ready to buy any share; a bear only deals in government securities
4. The first Bank established in India was
(a) Punjab National Bank
(b) Traders Bank
(c) State Bank of India
(d) Bank of Hindustan
5. In India, the first bank of limited liability managed by Indians and founded in 1881 was:
(a) Hindustan Commercial Bank
(b) Oudh Commercial Bank
(c) Punjab National Bank
(d) Punjab and Sind Bank
6. Which amidst the following rural banks has been named after a river?
(a) Prathama Bank
(b) Varada Grameen Bank
(c) Thar Anchalik Grameen Bank
(d) Aravali Kshetriya Grameen Bank
7. A Scheduled Bank is one which is included in the:
(a) II Schedule of Banking Regulation Act
(b) II Schedule of Constitution
(c) II Schedule of Reserve Bank of India Act
(d) None of the above
8. What is the animal on the insignia of the RBI ?
(a) Lion
(b) Tiger
(c) Panther
(d) Elephant
9. For regulation of the Insurance Trade in the country the Government has formed:
(a) SEBI
(b) Reserve Bank of India
(c) Insurance Regulatory and Development Authority
(d) General Insurance Corporation
10. The best way, a bank can avoid loss is to :
(a) lend only to individuals known to the bank
(b) accept sound collateral
(c) give only short-term loans
(d) lend only to bank's old customers