Banking Awareness Quiz

The maximum limit of Foreign Direct Investment (FDI) in public sector banking is—

If RBI hikes the CRR by 0·25 basis points. What immediate impact will it have on the functioning of banks?

1. Banks will have to lock some additional fund with the RBI without any income generation to the banks on these funds.
2. Banks will have to raise their capital base by bringing IPOs or by taking money from the Govt. of India
3. Banks will have to give more funds to priority sectors and less to corporate sector.

The branding line of Bank of Baroda is

'Pure Banking, Nothing Else' is a slogan raised by—

Mobile banking is set to get a boost from IMPS, which stands for

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

ICICI is the name of a

What is the Call Money?

If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

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