Banking Awareness Quiz Set 17

Dear Contenders who are preparing for competitive exams here you can practice the Banking Awareness Questions And Answers which are given in the form of Quiz. So practice these questions and answers given below.

Banking Awareness Quiz Set 17

1. Which of the following is a financial institution that assists wealthy individuals, corporations, and governments in raising capital by underwriting and/or acting as the client’s agent
in the issuance of securities?

2. A bank which is not included in second schedule and is not eligible for loan from RBI is called as _________.

3. Which of the following is a ratio that shows the efficiency of a company’s management by comparing operating expense to net sales?

4. It is not a separate legal entity of the parent company and liability wise there is no limit to the parent company’s liability.

5. Fixed Interest Government Securities traded on Stock Exchanges do not include Treasury bills are known as

6. DIPP is the nodal agency in the field of foreign investments in India. What is the full form of DIPP?

7. Types of loans granted by banks for purchase of white goods are

8. ___________ is usually used to stabilize the value of a currency.

9. The letter ‘R’ denotes which word in the term IFRS?

10. Monetary policy is administrated by which Bank?

11. Who decides Bank rate?

12. These are the reserves that are held by Commercial Banks over and above the statutory minimum with the central bank.

13. Who sponsors Regional Rural Banks?

14. Because of the existence of _________ India is called a mixed economy.

15. It is a number which basically represents the value in rupees per fund units as on a particular date of the assets of the fund less liabilities and outstanding expanses.

16. India’s first bi-metallic coins issued in the year 2009 were denominated in ____.

17. It is the amount outstanding in the borrowal account in books of the bank other than the one which has been recorded and not debited to the borrowal account.

18. Non-Performing Asset is an advance where the a/c remains overdue for a period of more than ______ in the case of respect of an Overdraft/Cash Credit.

19. RRBs are working in all states of the country except _______.

20. The banks joins together to meet the working capital requirements of the borrowing concerns and it is called as

21. Rate at which the domestic currency can be converted into foreign currency and vice-versa is known as _______.

22. These are the reserves that can act as a liquidity buffer for commercial banks during their crisis times.

23. ALM in Banking/Finance sector stands for _________

24. Bank lends to Micro Finance Institutions and is considered as finance to __________.

25. At which rate is TDS deducted If PAN details are not provided?

26. It is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets.

27. A negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank for a specified time period is known

28. It is a collection of evidence of dishonor, under which the Notary presents bill again to the drawee and on dishonor, given a noting on the bill, which makes mention of date and
reasons of dishonor.

29. Remittance received from RBI/other chest should be examined immediately not exceeding ____ from date of receipts.

30. Which of the following is an account on which funds may not be withdrawn until a lien is satisfied and a court order or other legal process makes the account available for



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