Banking Quiz 3

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

The Reserve Bank of India keeps on changing various ratio/rates frequently. Why this is done?

1. To keep inflation under control.
2. To ensure that Indian Rupee does not loose its market value.
3. To ensure that Banks do not earn huge profits at the cost of public money.

Which of the following will be considered NBFC?

The Stock market index of London Stock Market is referred as—

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

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

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

Bank rate is decided by which of the following?

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 which year SIDBI was established?