Bank Exam Previous Year Question Paper 2024-2025 - 2
Question: 6
Which of the following is not the essential requirement for the endorsement as per Negotiable Instrument Act, 1881?
(A) The endorser should sign the endorsement in the same style and with the same spellings as written in the instrument
(B) It should contain unconditional order
(C) Signatures should be in ink and not by pencil or rubber stamp
(D) It should be made by the holder or the maker
Ans: B
It should contain unconditional order
Question: 7
The minting of rupee coins is governed by
(A) Currency Act, 1902
(B) Coinage Act, 1906
(C) Reserve Bank of India Act, 1934
(D) Banking Regulation Act, 1949
Ans: B
Coinage Act, 1906
Question: 8
Which one of the following methods is currently used in India to issue note?
(A) Percentage Reserve System
(B) Proportional Reserve System
(C) Maximum Fiduciary System
(D) Minimum Reserve System
Ans: D
Minimum Reserve System
Question: 9
The association of the rupee with pound sterling as the intervention currency was broken in
(A) 1990
(B) 1991
(C) 1992
(D) 1993
Ans: C
1992
Question: 10
In which year was World Bank formed?
(A) 1945
(B) 1956
(C) 1960
(D) 1988
Ans: A
1945
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