Q.401 What are teaser loan rates charged by banks?
(A) Rate of interest which is competitively changed in relation to other banks
(B) Floating rate of interest charged by banks
(C) Low rate of interest in the initial period which goes up subsequently
(D) Higher rate of interest in the initial period which goes down subsequently
Q.402 Which of the following terms is used in banking field?
(A) Interest rate swap
(B) Input devices
(C) Sedimentary
(D) Zero Hour
Q.403 Expand the term EMI as used in banking/finance sector?
(A) Easy Monthly Instalment
(B) Equal Monthly Investment
(C) Equated Monthly Instalment
(D) Equated Mortgage Investment
Q.404 Bank rate is decided by which of the following?
(A) Reserve Bank of India
(B) Government Of India
(C) State Bank of India
(D) Securities and Exchange Board of India
Q.405 With which of following types of loans are teaser rates related?
(A) Home loans
(B) Personal loans
(C) Auto loans
(D) Reverse mortgage loans
Q.406 What does M in M-Banking Facility being offered by banks to their customers, stand for?
(A) Money
(B) Marginal
(C) Message
(D) Mobile Phone
Q.407 Which of the following is/are true about the Sub-Prime Crisis?
1. It is a mortgage crisis referring to credit default by the borrowers.
2. Sub-Prime borrowers were those borrowers who were rated low and were high risk borrowers.
3. This crisis originated because of negligence in credit rating of the borrowers.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2, and 3
Q.408 Match the following mergers of banks
|
List I |
List II |
|
A. Centurion Bank of Punjab |
1. ICICI Bank |
|
B. Bank of Rajasthan |
2. Punjab National Bank |
|
C. Global Trust Bank |
3. HDFC Bank |
|
D. Nedungadi Bank |
4. Oriental Bank of Commerce |
(A) A - 4; B - 1; C - 2; D – 3
(B) A - 3; B - 4; C - 1; D – 2
(C) A - 2; B - 1; C - 4; D – 3
(D) A - 3; B - 1; C - 4; D - 2
Q.409 At which of the following cities is the Head Office of Reserve Bank of India located?
(A) Mumbai
(B) New Delhi
(C) Kolkata
(D) Dehradun
Q.410 The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
(A) Cash reserves
(B) Deposit reserves
(C) Excess reserves
(D) Momentary reserves
If you have any problem or doubt regarding Top 500 GK Questions and Answers for Competitive Exams, you can ask me in the comment section. To more practice for General Knowledge Questions, Visit next page.
Get the Examsbook Prep App Today