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Banking Awareness
Banking Awareness Miscellaneous
Quiz 3
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Q.1
Bank branches which can undertake foreign exchange business directly are known as in foreign exchange
Authorized dealers
Foreign dealers
Overseas branches
Approved dealers
Q.2
Which of the following banks enjoys the reputation of being at the top in market capitalization among all the private banks?
ICICI Bank
HDFC Bank
Axis Bank
IDBI Bank
Q.3
In respect of CGTMSE (Credit Guarantee fund Trust for Micro and Small Enterprises) No collateral and no third party guarantee for fund based and non fund based credit facilities up to ___
Rs. 10.00 lakhs
Rs. 5.00 lakhs
Rs.100 lakhs
Rs. 5 lakhs
Q.4
SME Stands for:
Small and Medium Enterprises
Selling and Marketing Establishment
Selling and Managing Employee
Sales and Marketing entity
Q.5
"Claused Bill of Landing" is one which indicates:
Remaining constant in project cost
Decrease in Project Cost
Escalation in Project Cost
None of the above
Q.6
In Take Out Financing there is/are how many parties involve ?
One
Two
Three
Four
Q.7
Which of the following is the Regulator of the credit rating agencies in India?
RBI
SBI
SIDBI
SEBI
Q.8
In India, main Products of Retail Banking are ________.
Loan products
Card Products
Deposit Products
All of these
Q.9
Microcredit is defined as _____.
It is the small credit given to poor.
It is the instalment given by Farmers against Loan.
It is the amount given by Govt. for Small Industries Development.
None of these.
Q.10
ACH is a nationwide automated electronic system that monitors and administers the process of cheques and fund clearance between banks. Expand ACH.
Automatic Check Clearing House
Automated Check House
Automatic Clearing House
Automated Clearing House
Q.11
The appointments of Banking Ombudsman will be carried out by which of the following?
Finance Ministry
RBI
Govt. of India
SEBI
Q.12
The facility not available in the BSBDA is ?
Deposit amount
Withdrawing of cash
ATM Card
Withdrawal form facility
All above facilities are available.
Q.13
Which of the following is a foreign bank having branches in India?
HDFC Bank
ICICI Bank
Yes Bank
Standard Chartered Bank
Syndicate Bank
Q.14
Which of the following is a fully-owned subsidiary of RBI?
NHB
DICGC
BRBNMPL
All of the above
Q.15
Loan taken by the person, not telling the purpose of taking loan is called ?
Impersonal Loan
NPA
Personal Loan
Concealed Loan
Q.16
The tag line ‘A friend you can bank on’ is of which bank?
Vijaya Bank
Bank of Maharashtra
UCO Bank
Bank of Baroda
Q.17
Who is having the major stakes in NABARD?
RBI
Central Government
SBI
Ministry of Finance
Q.18
Currency notes deposited in the currency chest are the property of ____?
Respective bank
RBI
SBI
Government of India
Q.19
Gilt-edged securities market is the market for government and semi-government securities. These securities carry
Floating interest rate
Fixed interest rate
Fixed as well as floating interest rate
No interest rate at all
Q.20
A scheduled bank must be
A corporative or company incorporated by any law in force in any place in India
An institution notified by GOI
A company as defined by companies act, 2013
All of the above
Q.21
Kapoor committee, 1999 is related to ____.
Co-operative Banking Reforms
Micro-finance
Capital Account convertibility
Restructuring of RRBs
Q.22
As part of the Financial Inclusion the following acts as an alternative to the Branch Banking.
Online Banking
Mobile banking
Issuing of ATM Cards
Kiosks
Q.23
The Know Your Customer (KYC) norms of opening a bank account has been relaxed for the accounts with minimum balance of
Rs.1,00,000/-
Rs.25,000/-
Rs.50,000/-
Rs.75,000/-
Q.24
The Bank for International Settlements (BIS) which provides the Banking supervision accords is located in which country
England
USA
France
Switzerland
Q.25
Which of the following statement is true about Bank?
Banks can accept only time deposit from public
Banks can accept only demand deposit from public
Banks can accept both demand and time deposit from Public
Banks can accept demand and time deposit from Government only
Banks cannot accept demand and time deposit from Public
Q.26
Interest Rate payable on Saving Bank account is
Regulated by RBI
Regulated by State Government
Regulated by Central Government
Not regulated by RBI
Q.27
Public Sector Banks include ?
20 Nationalized Banks + State Bank of India + 5 SBI Associates + IDBI
20 Nationalized Banks + 6 Private Banks
14 Nationalized Banks + 6 SBI Associates + 7 Private Banks
20 Nationalized Banks + State Bank of India + 5 Private Sector Banks + IDBI
Q.28
The formal way of lending includes lending from ?
Private Sector Banks
Co-operative Banks
Public Sector Banks
RRB
All of the above
Q.29
Which commission distributes the taxes between centre and states ?
NITI Ayog
Board of Direct Taxes
Finance Commission
National Development Counsel
Q.30
One of the delivery channel for Micro Finance is SHG model. SHG means ?
Soar Help Group
Sake Help Group
Self Hope Group
Store Help Group
Self Help Group
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