Banking Knowledge Quizzes


Posted by Editorial Stuff on Monday, July 14, 2014
Q 1. The RBI has asked banks to spell out their policy, procedures and size of the business on which aspects of banking?
A. Wealth management.
B. Policy management.
C. Security management.
D. Marketing management.




Q 2. Through which sources domestic funds are raised by companies?
A. Insurance policies.
B. Saving Only.
C. IPO, FPO and Commercial papers.
D. Share market investments.




Q 3. Why government wants RBI to tighten prudential norms for NBFCs?
A. to gain maximum profit from these NBFCs.B. It is to protect NBFCs from any impact of possible economic slowdown.
C. to help consumers from unwanted services by these NBFCs.
D. to help other companies that are using services from NBFCs.




Q 4. Why Basel II norms are to be followed by commercial banks?
A. For Balance sheet management.
B. For Risk management.
C. For maximizing profit from various baking sectors.
D. For building a good relationship with their opponents.




Q 5. Who will set up core banking infrastructure for rural banks?
A. SEBI.
B. NABARD.
C. RBI.
D. SBI.




Q 6. The rate of interest charged by RBI for lending money to various commercial banks by re discounting the bills in India is called as-
A. Insurance policy rate.
B. Reverse Repo rate.
C. Bank rate.
D. CRR.




Q 7. What the term NPA is banking terminology denotes?
A. Non-Profit Assets.
B. Negative performing Assets.
C. Non-performing Assets.
D. Natural Performing Advertisements.




Q 8. What is FOREX?
A. It is a share market where only big investors are eligible for investment.
B. FOREX is the insurance market for senior citizens.
C. It is a market place for buying of one currency and selling of another currency.
D. FOREX market helps banks to decide savings interest rate.




Q 9. What is the full form of FLCC?
A. Fundamental Literacy and Credit Counseling.
B. Financial Literacy and Credit Counseling.
C. Financial Limited and Credit Corporation..
D. Foundation of Literacy and Corporate Counseling.




Q 10. What is the gap between total expenditure and total receipts of the Government is called?
A. Fiscal Deficit.
B. Balance Sheet.
C. Financial Receipt.
D.Commercial papers.




Q 11. The approach of 'Micro Credit' or 'banking with the poor' is comparatively a new concept in the field
of rural credit. This approach has been tried very successfully in which country?
A. Pakistan.
B. India.
C. Nepal.
D. USA.




Q 12. For violating of foreign portfolio investment guidelines SEBI can penalize which of the following organization?
A. only public sector organizations.
B. only private companies.
C. only banking institutions.
D. any commercial company.