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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