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Dena Bank Question Paper
Marketing Aptitude
1. In which type of account, banks generally donât pay interestâ
(A) Saving Account
(B) Current Account
(C) Fixed Deposit Account
(D) Interest is always payable in all types of account
2. A bank standing order would be suitable for payingâ
(A) Telephone accounts
(B) Electricity accounts
(C) Grocery bills
(D) Mortgage repayments
3. Payment of a cheque cannot be made on a cash counter of bank if the cheque isâ
(A) Bearer
(B) Cross
(C) Order
(D) All of these
4. Which of the following is not Commercial Bank ?
(A) Reserve Bank of India
(B) State Bank of India
(C) Canra Bank
(D) Oriental Bank of Commerce
5. What is the Bank draft ?
(A) Letter from the Bank
(B) Cheque which a bank draws on itself
(C) Instraction to a banker to collect a customerâs debt
(D) Instruction not to honour a stop payment
6. The essential characteristic of whatever serves as money is that it mustâ
(A) Be issued by the State
(B) Be generally acceptable
(C) Not be wholly fiduciary
(D) Have some instrinsic value
7. One of the following is not an example of Near-Money, which ?
(A) Bill of Exchange
(B) Bonds and Debentures
(C) Equity shares of Ranbaxy Company Ltd.
(D) Treasury bills of the Government of India
8. âFiat Moneyâ is that which isâ
(A) Accepted by overseas banks only
(B) Accepted temporarily in lieu of gold
(C) Backed by gold or silver
(D) Decreed as money by the government
9. Money isâ
(A) Acceptable only when it has intrinsic value
(B) Constant in purchasing power
(C) The most liquid of all assets
(D) All of the above
10. Greshanâs law states thatâ
(A) Bad money promotes good money in the system
(B) Bad money drives good money out of circulation
(C) Good money drives bad money out of circulation
(D) Good money promotes bad money in the system
11. Value of Moneyâ
(A) Is independent of the price level
(B) Is directly related to the price level
(C) Is inversely related to the price level
(D) None of the above
12. Demand pull inflation can be caused by money factors includingâ
(A) A fall in consumption expenditure
(B) A sharp increase in unemployment
(C) A steep reduction in direct taxation
(D) An increase in Income Tax
13. The process of deplation tends to favourâ
(A) Debtor and Creditiors a like
(B) Debtor at the expense of Creditors
(C) Creditors at the expense of Debtors
(D) Profit receivers at the expense of fixed income receivers
14. Which of the following statement is not completely true ?
(A) An increase in the supply of money will result in inflation
(B) Cost inflation occurs when prices rise to cover increased factor costs
(C) Inflation occurs when the value of money declines
(D) Inflation will have the effect of redistributing incomes within a country
15. Which of the following people is most likely to benefit from an inflationary situation ?
(A) A person who buys units from the Unit Trust
(B) A person who keeps his savings under the floor at home
(C) A person makes a large private loan to a friend
(D) A person who takes out a mortgage with a building society
16. The principal liability of a Joint Stock Bank relates toâ
(A) Its investment abroad
(B) Its investment at home
(C) Repayment of its customerâs deposits
(D) Its requirements to make special deposits when requested
17. Which of the following is not a function of the Commercial Banks ?
(A) Acting as a lender of last resort
(B) Lending to the private and public sectors
(C) The provision of a cheque system for setting debts
(D) The provision of safe deposit facilities
18. When the Commercial Bank create credit areas which are in effect and increasesâ
(A) The national debt
(B) The supply of money
(C) The purchasing power of the rupee
(D) The real wealth of the country
19. A customer does not require a bank account to obtainâ
(A) A Loan
(B) A Cheque Card
(C) A Bankerâs Draft
(D) An Overdraft
20. Which of the following is not a liability of Commercial Banksâ
(A) Security Holdings
(B) Treasury deposit at banks
(C) Demand deposits and time deposits
(D) Borrowing from Central Bank
21. âNot negotiableâ written on a cheque crossing meansâ
(A) The cheque cannot be paid to any one but the payee
(B) The cheque is valid only for payment of the transaction for which it is made out
(C) An honest person receiving a stolen cheque is liable to repay the rightful owner
(D) The cheque must be paid into a bank
22. The Central Bank is not expected to perform the function ofâ
(A) Acting as a clearing house
(B) The banker to the government
(C) Accepting deposit from Commercial Banks
(D) Accepting deposits from general public
23. Increase in bank rates generally is followed byâ
(A) An increase in market rate of interest
(B) A fall in market rates of interest
(C) A rise only in the deposits rates but not the lending rates
(D) A rise only in the lending rates
24. The major quantitative monetary tool available with the Central Bank isâ
(A) Retioning of credit
(B) Regulation of consumer credit
(C) Margin requirements
(D) Reserve ratio requirements
25. Bank must refuse payment of a cheque whereâ
(A) Cheque is not dated
(B) Where cheque is stale, i.e. date has expired
(C) Payment has been stopped by customer
(D) The cheque is not presented during working hours of Bank
26. A âStaleâ cheque is one that isâ
(A) Over six months old
(B) Converning an overdue payment
(C) Cancelled by the drawer
(D) Written on an account which is overdrawn
27. When the Central Bank sells securities, as a resultâ
(A) The cash resources at the disposal of the commercial banks increase
(B) The cash resources of the commercial banks remain unchanged
(C) The cash resources at the disposal of commercial banks get diminished
(D) None of the above
28. When a cheque is returned by the bank marked âRefer to Drawerâ this means the drawerâ
(A) Has instructed the bank not to pay the cheque
(B) Whishes to be contacted before the cheque is cashed
(C) Has improperly completed the cheque and must correct it before payment
(D) Had insufficient funds in his account to pay the cheque
29. The current Bank Rate isâ
(A) 6%
(B) 8%
(C) 9%
(D) 9·5%
30. It has been made compulsory for Non-Banking Financing Companies to get themselves registered with ⦠before July 8, 1997.
(A) RBI
(B) SEBI
(C) Government of India
(D) None of the above
31. India ranks number ⦠among the countries with the biggest growth potential in the world according to the latest report of world Economic Forum.
(A) Six
(B) Five
(C) Four
(D) Three
32. Which is the âmost competitive countryâ of the world according to the latest report of world Economic Forum ?
(A) Hong Kong
(B) Singapore
(C) United State of America
(D) Netherlands
33. The maximum permissible limit of interest on postshipment rupee credit on demand bills for transit period upto 90 days isâ
(A) 13%
(B) 14%
(C) 15%
(D) 16%
34. Which of the following statement is correct about India according to the World Bankâs latest calculations ?
(A) Indiaâs per capita national wealth is $ 25000
(B) Indiaâs per capita incomeis $ 360
(C) Indiaâs per capita income (according to purchasing power parity) is $ 2390
(D) All of the above
35. Scheduled commercial banks recorded nonperforming assets (NPAs) of ⦠at the end of March 2006-07 against 1·8% during 2005-06.
(A) 2·3%
(B) 3·3%
(C) 1·5%
(D) 7·9%
36. Which of the following is not a tool in the hands of RBI to control the inflationary pressure in the country ?
(A) Bank Rate (BR)
(B) Special Drawing Rights (SDR)
(C) Statutory Liquidity Ratio (SLR)
(D) Cash Reserve Ratio (CRR)
37. Which of the following is/are included in Legal Tender Money in India ?
(A) Coins and currency notes
(B) Coins and bank drafts
(C) Currency notes and SDRs
(D) Currency notes issued by RBI
38. Which of the following is correctly matched?
(A) CRR on FCNR (B) Schemeâ12%
(B) Bank Rateâ6%
(C) SLR on NRE depositsâ31·5%
(D) CRR on NREâ13%
39. Indiaâs First Financial Archive has been set up atâ
(A) Mumbai
(B) New Delhi
(C) Ahmedabad
(D) Kolkata
40. Which of the following Bank merged with Oriented Bank of Commerce ?
(A) New Bank of India
(B) Punjab Co-operative Bank
(C) Bari Doab Bank
(D) (B) and (C) both
