Banking Awareness Quiz Set 16

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Banking Awareness Quiz Set 16

1. A Committee on Banking Supervision which provides a forum for regular cooperation on banking supervisory matters and to enhance understanding of key supervisory issues
and improve the quality of banking supervision worldwide.

2. Any form of credit where you don’t have to provide an asset as security against the loan is known as ____________.

3. BIPS stands for

4. Your account is _____ if you have taken more account than was actually available as cleared funds. This can happen if you have arranged a direct debit without having enough
money in your account to cover the payment.

5. CHIPS stands for

6. Which among the following is a metal container in the wall of a bank that you can put money into when the bank is closed?

7. A combination of two or more securities into a single investment position for the purpose of reducing or eliminating risk is known as _____.

8. A financial ratio that measures the amount of debt being used to support operations and the ability of the firm to service its debt is ________.

9. Which among the following are the bonds that give the issuer the right to redeem the bonds before their stated maturity?

10. RSI stands for

11. Which of the following is a type of short term loan provided to companies to fulfill their working capital requirements?

12. Which of the following is a bank account opened by NRI to deposit income mainly generated from an Indian source?

13. In it a worldwide recognized identification code used at the time of international credit transfer between banks and also when there is an exchange of messages between banks.

14. A card which is used to make payments by the card holder, but needs to be paid in full, on the due date when the statement is received is known as ______.

15. In which of the following a credit facility is provided by the bank to an entity for a specific purpose, to be repayable after a short duration?

16. All Scheduled Commercial Banks (SCBs) having their current account and Subsidiary General Ledger (SGL) with an RBI are eligible for this rate.

17. ________ of Rs. 20000 or more should be issued with “A/c payee” crossing.

18. This card usually has Maestro or Cirrus or Plus logo.

19. Which of the following are the funds in which investor’s type is Pension fund, endowment fund, high net worth individuals?

20. _________ is a negotiable instrument issued by the international depository bank, representing foreign company’s stock trading globally.

21. It is the ability of commercial banks to increase their deposits by expanding their loans and advances.

22. To fight with raising inflation RBI has to

23. One among the following is NOT a subsidiary of RBI and that is

24. The first bank in India to obtain license for Internet Banking from Reserve Bank of India was

25. FATCA stands for

26. R stands for _______ in CDR.

27. SARFAESI Act 2002 is mainly related to _________

28. The following index used as the key measure of inflation in India

29. The decrease of the bank rate by RBI leads to ________.

30. Which of the following is or are the right(s) of a customer towards his banker?



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