Banking Awareness

Which of the following terms is used in Banking Field?

On which one of the following issues can SEBI penalize any company in India?

1. Violation of Banking Regulation Act.
2. Violation of foreign portfolio investment guidelines.
3. For violation of Negotiable Instrument Act.

In the opinion of the Governor of Reserve Bank of India, which one of the following is the reason owing to which India’s inflation is accelerating?

In opinion of the RBI, which one of the following is/are a threat to the smooth functioning of Indian Companies?

1. Rising input costs.
2. High interest rates.
3. Inflation only.

Expand the term ALM as used in Banking/Finance sector?

The RBI has asked banks to spell out their policy, procedures arid size of the business on which of the following aspects of banking?

Through which one of the following sources domestic funds are raised by Companies?

1. IPO only.
2. FPO only.
3. Commercial papers.

What are teaser loan rates charged by banks?

What is the full form of the term LIBOR as used in financial banking sectors?

Expand the term FSDC which is used in financial sectors?

Which one of the following will set up core banking infrastructure for rural banks?

Which organization is being given the status of Micro Finance Regulating Authority as per the bill introduced in the Parliament?

Which of the following rates/ratios is not covered under the RBI monetary and credit policy?

When the loan is granted by a bank for purchase of white goods it is called

When is income tax required to be deducted by the banks at source on interest accrued and paid by them on the fixed deposits? When the

Which of the following methods is being adopted by Banks for calculating and applying interest on Savings Bank accounts?

Which of the following banks has taken over the Centurion Bank of Punjab?

The main function of IMF is to

RBI has asked banks to make a plan to provide banking services to all villages having a population upto 200. This directive issued by the RBI will fall in which of the following categories?

Which of the following is not a part of the scheduled banking structure in India?

The rate of interest on savings bank account is stipulated by

Many times we read a term ‘CBS’ used in banking operation. What is the full form of the letter ‘C’ in the term ‘CBS’?

The RBI reviews its credit and monetary policy at regular intervals and also in between. What is the purpose of the same?

1. To ensure that inflation does not cross the limit.
2. To ensure that banks have enough liquidity.
3. To ensure that cost of the fund does not each a very high level

Under provisions of which one of the following Acts, the RBI issues directives to the Banks in India?

Which one of the following tools is used by RBI for selective credit control?

For which one of the following loan products ‘teaser loans’ are offered by banks?

Under provisions of which one of the following Acts, the Reserve Bank of India has the power to regulate, supervise and control the banking sector?

Credit rating is

Bank of Rajasthan is now merged with which of the following bank?

RTGS stands for

Suppose Bank Rate at present is fixed at r%. What does it mean in context to the banking operations?

Many private companies are trying to obtain the licences to launch a banking company in India. Which of the following organizations/agencies issue the licence for the same?

Some Stock Exchanges in India are allowed to introduce Plain Vanilla Currency Options. The term Plain Vanilla Currency Options is associated with which of the following activities/operations?

Insurance service provided by various banks is commonly known as….

The rate on which banks borrow from the RBI is called …….

As we know the RBI is the apex bank of India, similarly, the apex Bank of USA is called…..

What is the full form of ‘NBFC’ as used in the Financial Sector?

Which of the following will be considered NBFC?

Cross-selling is not effective for which one of the following products?

RBI is redesigning its ‘ECS’ to function as a Automated Clearing House (ACH) for bulk transactions. What is full form of ‘ECS’?

The working group set up by the RBI has suggested the launch of an Emergency Fund Facility Scheme for banks. This scheme will help which of the following types of banks?

Which one of the following had set up the N.R. Narayana Murthy Committee on issues relating to Corporate Government?

In the proposed low cost pension scheme, which one of the following has been made responsible for maintaining of the records of pension account of an individual?

Which of the following is the full form of the term SLR as used in the banking sector?

As we all know, the major source of income of the banks is lending money (providing credit) and earning interest on it. In normal circumstances, the demand of the credit comes mainly from which of the following sectors?

1. Personal Loans
2. Priority Sector Lending and Bailout Packages
3. Project Finance

One of the sources of income of banks is to charge fee for certain services. What are some of the services provided by the banks for which they charge fee?

1. Issuing Demand Drafts/Pay Orders
2. Issue of ATM/Credit/Debit Cards
3. Electronic Transfer of Money

Many banks have launched/ floated their subsidiaries which are fully owned by them. Banks launch subsidiaries normally for which of the following businesses?

1. Home Loan Business
2. To sell Insurance Policies
3. To control Online Operations or Internet Banking
   business

‘The set of directive principles issued by the Central Bank of a country or the process adopted by it to control the supply of money, availability of money, cost of money and rate of interest, etc. in order to bring stability and growth of the economy’ are commonly known as-

When the common people of a nation start getting very high salary or wages, the consumption of the goods like eatables and white goods, also start increasing. This situation brings which of the following types of inflation in the economy?

1. Cost push inflation
2. Demand pull inflation
3. Low inflation

As we see every day, many Indian banks are in close competition to open their branches / offices in various countries. What benefit will the Indian economy have if banks open branches in a foreign country?

1. It will bring substantial economic benefits to India
   and also to the countries where branches will be
   opened.
2. It will help in smooth inflow of FDI, long term capital inflow and also technical know-how to India.
3. It will give better opportunities to Indians to visit
   foreign nations and get better facilities like education, medical treatment, etc.