Free Banking Exam Commercial Bank Question and Answers

Question 1

When the rate of inflation increases, the purchasing power of money falls.

Accepted Answer

decreases

Answer

increases

Answer

stable

Answer

Can't say

Question 2

When was the first publication of OMBUDS MEN SCHEME?

Accepted Answer

Thu Jun 01 00:00:00 UTC 1995

Answer

Wed Nov 01 00:00:00 UTC 2006

Answer

Thu Oct 01 00:00:00 UTC 1981

Answer

Thu Jan 01 00:00:00 UTC 1998

Question 3

What exactly is MSF?

Accepted Answer

Marginal Standing Facility

Answer

Mid Term Sanction facility

Answer

Micro and Small Finance

Answer

Medium Size finance

Question 4

Which NPCI-launched Indian card program?

Accepted Answer

RuPay

Answer

Visa

Answer

Master Card

Answer

Citi

Question 5

Which central bank is regarded as the mother of them all?

Accepted Answer

Bank of England

Answer

Reserve Bank of India

Answer

Risks Bank of Sweden

Answer

Federal Reserve Bank

Question 6

What year did the printing of Rs. 5 notes start up again?

Accepted Answer

2009

Answer

2008

Answer

2010

Answer

2011

Question 7

When the inflation rate rises

Accepted Answer

purchasing power of money decreases

Answer

Amount of money in circulation decreases

Answer

Purchasing power of money increases

Answer

Value of money increases

Question 8

What is the name of the percentage of cash reserves that banks must maintain with the RBI?

Accepted Answer

Cash Reserve Ratio

Answer

Net demand and time liabilities

Answer

Liquidity ratio

Answer

Statutory liquidity ratio

Question 9

What does PPP's entire name mean?

Accepted Answer

Purchasing power parity

Answer

Popular private project

Answer

Public Private partnership

Answer

Partial payment project

Question 10

Business banks are

Accepted Answer

Joint stock banks

Answer

operated on small scale

Answer

Co-operative houses

Answer

run by the registrar of co-operative association