Banking Awareness Quiz Set 21

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Banking Awareness Quiz Set 21

1. Export of services like shipping and insurance which can earn foreign exchange without the transfer of goods from one country to another is known as
 
 
 
 

2. This organisation is made for empowering Micro, Small and Medium enterprises in India?
 
 
 
 

3. Bancassurance can be sold to
 
 
 
 

4. By opening and investing in the Tax Saver Deposit Account Scheme in a bank, a customer would get benefit under___________
 
 
 
 

5. Savings account with zero balance can be opened for
 
 
 
 

6. The cheque having a date subsequent to the date on which it is drawn is known as
 
 
 
 

7. These are financial instruments used by the investors that are not registered with the SEBI to invest in Indian securities.
 
 
 
 

8. This is the amount of capital a bank or other financial institution has to hold as required by its financial regulator.
 
 
 
 

9. It is the extension of very small loans to the unemployed, to poor entrepreneurs and to others living in poverty who are not considered bankable.
 
 
 
 

10. These are the lowest risk category instruments for the short term. RBI issues them at a prefixed day and for a fixed amount.
 
 
 
 

11. The largest bank Imperial bank was nationalized in 1955 and rechristened as State Bank of India on the recommendation of which committee?
 
 
 
 

12. Which public sector bank of India is the first fully Indian bank, established by the Indian capital?
 
 
 
 

13. When RBI sells government securities its meaning is?
 
 
 
 

14. SEBI was established in the year
 
 
 
 

15. With a view to facilitate payment of balance in the deposit account to the person named by the depositor without any hassles in the event of death of account holder, the following
facility was introduced for bank account in our country.
 
 
 
 

16. Which of the following rates are decided by the RBI called as “Policy Rate”?
 
 
 
 

17. Non-Banking Financial Companies (NBFCs) are financial institution that
 
 
 
 

18. Which among the following statement is incorrect about SEBI?
 
 
 
 

19. In comparison with Liquidity Adjustment facility (LAF), Marginal Standing Facility (MSF) has
 
 
 
 

20. Indian Depository Receipt (IDR) is the
 
 
 
 

21. Which of the following is not meant for the purpose of investment?
 
 
 
 
 

22. ECS stand for
 
 
 
 
 

23. Conversion of physical form of share into electronic form is called
 
 
 
 
 

24. First Indian bank to open overseas branch?
 
 
 
 
 

25. Which of the following is not correctly matched?
 
 
 
 

26. Nationalization of banks took place in India in how many phases?
 
 
 
 

27. A closed economy is
 
 
 
 

28. FINO stands for
 
 
 
 

29. Who carry out open market operations?
 
 
 
 

30. Purpose of setting up Narsimhan committee-2?
 
 
 
 


 

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