Which of the following is correct ?

1. Interest is paid on both savings account and current account.
2. Normally no interest is paid on current deposit accounts.
3. Savings deposits are same as current deposits.
4. No interest is paid on any account.
5. Interest paid on current accounts is same as fixed term deposits.

What role do Micro, Small and Medium Enterprises (MSMEs) play in country's economic growth and Industrial Development?

1. Such institutions help in distribution of income in a wide spectrum and do not allow it to get concentrated in few hands or in few areas.
2. They have the capacity to absorb skilled and unskilled labor available in the country.
3. They help in the eradication of poverty by providing self-employment opportunities.

Which among the following statements are correct regarding PMJJBY?

1. Individual maintaining account with the participating banks / post office are only eligible to join the scheme.
2. The maximum age limit for new enrolment under the Scheme is 55 years (nearer to birthday)
3. If a person is having multiple bank account he is eligible to join the scheme from each of the bank.
4. Insurance coverage under the scheme is Rs. 5 Lakh per individual (death due to any cause).

Which of the following Banks are not covered under the Banking ombudsman Scheme?

1. Regional Rural Banks
2. Scheduled Commercial Banks
3. Scheduled Primary Co-operative Banks
4. Payment Banks
5. None of the above

Mr. Aswin had filed a complaint with Banking Ombudsman but, he is not satisfied with that decision. What is the next option before him to resolve his complaint?

1. File an appeal before the Finance - Minister
2. File an appeal before the Banking Ombudsman again.
3. Simply close the matter as going to court involves time and money.
4. Write the CMD of the bank.
5. File an appeal to the Deputy- Governer or RBI

Which of these NOT an NGO involved in microfinance - related activities ?

Find out the correct Statement:

• Statement I: Under PMFBY (Pradhan Mantri Fasal Beema Yojana) scheme, insurance Coverage and financial support is available to the farmers in the event of failure of any of the notified crop as a result of natural calamities, pests & diseases.

• Statement II : Under PMFBY Scheme, if the insured farmers incur any loss in respect of the insured crop due to adverse weather conditions, such farmers are eligible for claims up to a maximum of 25% of the expenses incurred for cultivation.

The interest payable on Savings bank account is regulated by

1. Reserve Bank of India
2. State Government
3. World Bank
4. Central Government
5. Finance Minister

The RBI allowed some common ATMs that are owned and managed by non-banking organizations hoping to cut transaction cost for banks. Such ATMS are known as

1. Offsite ATMs
2. Black Label ATMS
3. Onsite ATMs or Red ATMs
4. Throd party ATMS
5. White Label ATMS

Under social infrastructure, lending loans up to a limit of Rs. ---- per borrower for building Health care facilities including under ‘Ayushman Bharat’ in Tier ll to Tier VI centers is now classified under Priority Sector

Dakpay is a digital payment service, it aims to transform banking Experience at the last mile, it is launched by which of the following bank?

1. ICICI Bank
2. Canara Bank
3. Indusind Bank
4. India post payments Bank
5. None of the above

From the following statements, which statement is viable to the central cooperative bank?

1. The share capital when compared to the total working capital is too small.
2. They failed in mobilising deposits, instead they depended on the apex bank
3. Banking and non banking activities were mixed which was against the banking Principles
4. To act as a balancing center for resources for primary societies.

---- is a financial transaction application that runs on any connected device and stores payment information and passwords in the cloud.

Which is a "Promissory Note"?

Titan along with which bank launched India's first contactless payment watch ‘Titan pay’?

1. ICICI Bank
2. Union Bank of India
3. Axis Bank
4. State Bank of India
5. None of the above

According to the report received by the state government from the Bankers committee, which district topped the list of aspirational districts of Bihar in terms of providing banking facilities.

In Jan 2021, which of the following has launched a new Feature 'Safe pay' to make digital payments more secure and reduce online payment frauds.

1. India Post payment Bank
2. Google pay
3. Airtel payments Bank
4. More than one of the above
5. None of the above

When a customer opens an account with the bank and if the account has a credit balance then the banker customer relationship is ?

Which of the following statements are true about Local area banks ?

1. Minimum capital to set up, 5 Lakhs
2. Licence of Subhadra Lab was cancelled by RBI in 2020
3. Registered under BR act
4. Govt Sector bank

Which of the following statement is related to outcome of a fall in the bank rate?

The team book debts and receivables is related to which type of general utility services?

HUDCO Stands for:

Which section of The Banking Regulation Act 1949 deals with the prohibition of common directors?

Which of the following statements is true about credit creation by banks?

Which of the following statements are True?

1. A second round of bank nationalisation happened in the year 1980.
2. Rajiv Gandhi was the Prime Minister of India during the second round of bank nationalisation.
3. A total of 6 banks were nationalised in the year 1980.
4. R Venkataraman was the Finance Minister during the bank nationalisation of 1980.

NABARD provides Long Term Credits for a period up to ---.

NABARD provides Medium Term credits for a period of up to ----.

NABARD provides Short-Term Credits usually for a period of ----.

NABARD's Vikas Volunteer Vahini Department came to be known as Farmers Club since ----.

NABARD's, Vikas Volunteer Vahini Department is now known as ---.

Vikas Volunteer Vahini Department came into being in the year

The half yearly publication of NABARD

A training college launched by NABARD, situated at Lucknow.

This credit card introduced to provide credit for small artisans, hand loom weavers and other self employed persons like SHG.

Swarozgar credit card system was introduced in

Kissan Credit card has a validity extending upto

Kissan Credit card system was started by PCARDB in the year ---.

Kissan Credit card system came as per the recommendation of --- Committee.

Kissan Credit card system was introduced by NABARD in the year

A liquidator is appointed by

The credit cards issued by NABARD

Green Climate fund is related to

The legal closure of the activities of the Co-operative society is known as

--- is a pilot project of NABARD for digitalization of Self Help Group.

The term Development Action plan started by ---.

What type of order may a tribunal issue to prevent the obstruction of justice pending the decision of an appeal or revision?

After the affairs of the society has been wound up the liquidator has to keep all the books and records in his office for

The bank known as the National Agriculture Bank of India

Which among the following is not a ground for cancellation of registration certificate of a Co-operative society?

Agriculture Refinance Development Corporation (ARDC) was established in