Wednesday, 5 April 2017


Q1. The Banking Ombudsman Scheme was introduced under:
a) Banking Regulation Act, 1935
b) Banking Regulation Act , 1949
c) Banking Regulation Act, 1985
d) None of The Above

Q2. The Banking Ombudsman Scheme was introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from _______:
a) 1992
b) 1993
c) 1995
d) None of The Above

Q3. The Banking Ombudsman Scheme was first introduced in India in 1995 and it was revised in ______:
a) 2002
b) 2004
c) 2006
d) None of The Above

Q4. Current Banking Ombudsman Scheme introduced in ________:
a) 2004
b) 2005
c) 2006
d) None of The Above

Q5. Banking Ombudsman is appointed by __________:
a) Central Finance Minister
b) Reserve Bank of India 
d) None of The Above

Q6. Which among the following is incorrect:
a) Banking Ombudsman is a senior official appointed by RBI.
b) The Offices of Banking Ombudsman is mostly situated at State Capitals.
c) All Scheduled Commercial Banks, Regional Rural Banks and Scheduled Primary Co-operative Banks are covered under the Banking Ombudsman Scheme
d) None of The Above

Q7. Banking Ombudsman is appointed for:
a) handling and redress banks complaints against customers' behavior 
b) handling and redress customer complaints against deficiency in certain banking services
c) providing decision on important banking operations like - CRR, SLR and MSF etc. 
d) None of The Above 

Q8._____ is the dance form performed on the moonlit nights?


Q9.An old dance form of Bihar originated in 20th Century?


Q10.Current Accounts cannot be freely opened by ………………….?
a) All NRIs
b) All businessmen 
c) Government department 
d) HUFs 

Q11.A student has got admission to a foreign university. From where can he/she get the foreign currency?
a) From the Bank of that country only
b) From the Ministry of Foreign Affairs 
c) From office of the Consulate General of the country 
d) From an authorized foreign exchange dealer 

Q12.Which of the following terms is NOT used in the field of Banking & Finance?
a) Overdraft 
b) Base Line
d) CBS