Banking Awareness Quiz

Which is the monetary measure to control inflation?

Many times we read about Future Trading in newspapers. What is 'Future Trading'?

1. It is nothing but a trade between any two stock exchanges where in it is decided to purchase the stocks of each other on a fixed price throughout the year
2. It is an agreement between two parties to buy or sell an underlying asset in the future at a predetermined price
3. It is an agreement between stock exchanges that they will not trade the stocks of each other under any circumstances in future or for a given period of time

When a person has a saving account in the bank , the bank assumes the position of ___?

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

Which among the following statement is incorrect regarding Land Development Banks?

Which of the following is NOT a Govt. sponsored organization?

Which of the following services is NOT provided by the post offices in India?

ICICI is the name of a

'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-

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

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