1) At the end of the financial year 2010-11, Indian banks NPAs stood at?
a) 24.5%
b) 22.5
c) 20.4
d) 23.5
Ans: - a)
2) What is the meaning of NPA?
a) Non-Procuring Assets
b) Non-positional Assets
c) Non-Performing Assets
d) Non-Profitable Assets
Ans : - c)
3) Which private sector bank on 11th August 2011 overtook ICICI as the most valuable private bank of India based on market capitalization?
a) Axis Bank
b) HDFC Bank
c) Kotak-Mahindra
d) IDBI bank
Ans : - b)
4) The term of RBI Governor D Subbarao was extended recently by the govt. by how many years?
a) 6 months
b) 12 months
c) 18 months
d) 24 months
Ans : d)
5) A special card with features of both Credit and Debit Card called – MagicCard was launched recently by which bank?
a) SBI
b) PNB
c) Yes Bank
d) IDBI Bank
Ans : d)
6) Damodaran Committee is related with which aspect of banking?
a) Privatisation of Banks
b) Value-Added Services of Banks
c) Customer Services of Bank
d) Role of Commercial Banks in announcement of bank rate
Ans : c)
7) Which public sector bank recently announced its decision to acquire a 30 per cent stake in life insurance company MetLife India? – Punjab National Bank (announced acquiring 30 per cent stake in MetLife)
a) Punjab National Bank
b) Canara Bank
c) Bank of Baroda
d) Allahabad Bank
Ans : a)
8) On 26th July the RBI upped the Repo Rate by how many basis points?
a) 25 basis points
b) 50 basis points
c) 75 basis points
d) 100 basis points
Ans : b)
9) Which Indian was appointed as the co-CEO of Deutche Bank, the largest bank of Germany?
a) Anshu Jain
b) Vikram Pandit
c) Avula Reddy
d) Prashant Jain
Ans : a)
10) Which is the only Public Sector bank to be appointed as one of EPFO (Employees Provident Fund Organisation)’s four fund managers recently?
a) UCO Bank
b) SBI Bank
c) BOB
d) PNB
Ans : b)
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