Bissoy
Login
Get Advice on Live Video Call
Earn $ Cash $ with
consultations on Bissoy App
Which of the following statement/s is/are correct?<br>1. Payment bank cannot issue credit cards.<br>2. There is a limit on maximum balance of individual customer in payment bank.<br>3. SLR requirements for payment banks and small banks is less than commercial banks.<br>4. Priority sector lending up to 40% is mandatory for both private banks and small banks.
A
1, 2 and 4
B
3 and 4
C
1 and 2
D
All of the above
Correct Answer:
1 and 2
Which of the following statements are true in context of scheduled banks?
1. All banks which are included in the Second Schedule to the Reserve Bank of India Act, 1934 are Scheduled Banks.
2. These banks comprise Scheduled Commercial Banks and Scheduled Co-operative Banks.
3. Scheduled Commercial Banks in India are categorized into five different groups - SBI, Nationalised Banks, Regional Rural Banks, Foreign Banks and Other Indian Scheduled Commercial Banks in the private sector.
4. Scheduled Co-operative Banks consist of Scheduled State Co-operative Banks and Scheduled Urban Co-operative Banks.
A
1, 2 and 3
B
2, 3 and 4
C
1, 2 and 4
D
1, 2, 3 and 4
Which of the following statements are true in context of Statutory Liquidity Ratio (SLR)?
1. They are regulated under Banking Regulation Act 1949.
2. It is mandatory for all scheduled commercial banks, local area banks, Primary (Urban) co-operative banks (UCBs), state co-operative banks and central co-operative banks in India to maintain the SLR.
3. Banks get a return on SLR.
A
1 and 3 are correct
B
2 and 3 are correct
C
1 and 2 are correct
D
1, 2 and 3 are correct
Statement :
Many private sector banks have reduced interest rate on housing loans in comparison to public sector banks.
Courses of Action :
I. The case should be raised before the regulatory authority for investigation by the public sector banks as they cannot follow such reduction.
II. Public sector banks must adopt such policy to remain in competition.
III. The public sector banks should advertise their special feature repeatedly so that they do not lose their future customers.
A
All follow
B
Only I and II follow
C
Only I and III follow
D
Only either II or III follows
E
None of these
Which of the following statements are correct in context of Statutory Liquidity Ratio (SLR)?
1. SLR consists of a certain percentage of liquid assets of NDTL.
2. Liquid assets for the purpose are those assets that one can easily convert into cash, gold, treasury bills, govt-approved securities, government bonds, and cash reserves.
3. SLR includes securities, eligible under Market Stabilization Schemes and those under the Market Borrowing Programmes.
4. The limit of SLR set is 0 to 40% of NDTL.
A
1 and 3 are correct
B
2 and 3 are correct
C
1, 2, 3 and 4 are correct
D
2, 3 and 4 are correct
Direction :
Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer :I. The Reserve bank of India has recently put restrictions on few small banks in the country.II. The small banks in the private and co-operative sector in India are not in a position to withstand the competitions of the bigger in the public sector.
A
If statement I is the cause and statement II is its effect.
B
If statement II is the cause and statement I is its effect.
C
If both the statements I and II are independent causes.
D
If both the statements I and II are effects of independent causes.
E
If both the statement I and II are effects of some common cause.
The UNCTAD reported on the contributions of the private sector to global GDP recently. In this context, consider the following statements:
1. The public sector debt constitutes a greater part of GDP than the private sector debt.
2. The UNCTAD predicts that the private sector will enable the achievement of Sustainable Development Goals by 2030.
Which of the above statements is/are true?
A
Only 1 is correct
B
Only 2 is correct
C
Neither 1 nor 2 is correct
D
Both 1 and 2 are correct
Which of the following concerns best suits the following statement:”Internet banking system includes new customer requirements, account Requirements, customer management requirements, security requirements, recovery requirements etc.” ?
A
Functional concerns
B
Quality of service concerns
C
System concerns
D
Cross-cutting concerns
Directions :
Following question consists of a statement followed by four arguments I, II, III and IV. You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument.
Statement :
Should there be reservation of jobs in the organizations in the private sector also as in the public sector undertakings in India?
Arguments :
I. Yes. This would give more opportunities of development to the weaker sections of the society and thus help reduce the gap between the affluent and the downtrodden in India.
II. No. The private sector does not get any government assistance and therefore they should not be saddled with such policies.
III. No. Nowhere else in the world such a practice is being followed.
IV. No. The management of the private sector undertaking would not agree to such compulsions.
A
Only I is strong
B
Only I and II are strong
C
Only I, II and IV are strong
D
Only I and IV are strong
E
All are strong
The profitability of public sector banks is low due to
1. Over-cautions approach to lending
2. Reserve Bank policies
3. High overhead costs
4. Social sector lending
A
Both 1 and 2
B
Both 1 and 4
C
1, 3 and 4
D
Both 2 and 3
The profitability of public-sector banks is low due to
(i) Over-cautions approach to lending
(ii) Reserve Bank Policies
(iii) High Overhead Costs
(iv) Social-sector lending
Identify the correct option:
A
(i) and (ii)
B
(i) and (iv)
C
(i), (iii) and (iv)
D
(ii) and (iii)