Banking Awareness Quiz Set 36

Candidates can check out the Questions And Answers for Banking Awareness With a detailed explanation. So practice these questions and these will be useful for all competitive examinations.

Banking Awareness Quiz Set 36

1. Currency swap is an instrument to manage _______

2. Which of the following refers to an account that a bank holds in a foreign currency in another bank?

3. Local currency account maintained by a local bank for a foreign (correspondent) bank is termed as _________

4. “Hawala transactions” in India are prohibited under the provision of which of the following acts?

5. ____is a Current Account Maintained by one Domestic Bank on behalf of other domestic bank in foreign bank in foreign currency

6. How can many Basic Savings Bank Deposit Account(BSBDA) be opened by an individual?

7. Maximum balance in the BSBDA small account should not exceed ______ rupees at any time

8. The total of debits by way of cash withdrawals and transfers will not exceed ten thousand rupees in _________

9. What are the other deposit accounts can be opened by an individual in where one holds ‘Basic Savings Bank Deposit Account’?

10. BSBDA Small accounts are valid for a period of _________

11. ________ is a temporary pass through account held by a third party during the process of a transaction between two parties.

12. Which of the following is not available to depositors of NBFCs?

13. NBFCs include ______

14. Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of _______

15. Which of the following does not guarantee the repayment of deposits accepted by NBFCs?

16. NBFCs whose asset size is of _____ or more as per last audited balance sheet are considered as systemically important NBFCs.

17. RNBC stands for _______

18. RNBCs cannot accept deposits for a period less than ______ months and more than ____ months

19. According to accepting public deposits, NBFCs can be classified into ____ broad categories.

20. IFC is a non-banking finance company with Capital to Risk (Weighted) Assets Ratio (CRAR) of _____

21. A fund that tracks an index but can be traded like a stock is known as _______

22. A market established for the buying and selling of precious metals such as Gold and Silver is termed as ________

23. Which of the following is a currency established as money by government regulation or law but it is not backed by any commodity, such as gold, silver etc., but only by the faith
of the bearer?

24. ________ are financial markets for the buying and selling of long-term debt or equity-backed securities.

25. Which of the following is a form of money that has an intrinsic value, like gold coins?

26. Any type of money that has face value greater than its value as material substance is known as _______

27. Loan and Advances of a bank come under which of the following category?

28. Paper Money issued on the credit of a bank or government is called ______

29. NABARD was established on the recommendations of the ______________

30. RBI sold its stake in NABARD to the Government of India, which now holds _____ stake



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