Banking Awareness Quiz Set 54

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Banking Awareness Quiz Set 54

1. Sovereign Gold Bond(SGB) is issued by ______ on behalf of ________.

2. SGB Bonds bear interest at the rate of _______ (fixed rate) per annum on the amount of initial investment.

3. Interest will be credited _______ to the bank account of the investor.

4. Sovereign Gold Bonds(SGB) are sold through ______

5. Which of the following is the tenor of SGBs?

6. Persons resident in India as defined under _______ are eligible to invest in SGB.

7. Interest on the Bonds will be taxable as per the provisions of which of the following Act?

8. Sovereign Gold Bond(SGB) will be tradable on ______

9. Who among the following is an eligible investor in SGBs?

10. The customers will be issued _______ on the date of issuance of the SGB.

11. The headquarters of Asian Clearing Union(ACU) is ______

12. The maximum value that can be stored in any prepaid card (issued by banks and authorized non-bank entities) at any point of time is ________

13. Foreign nationals of non-Indian origin resident in India, can acquire immovable property in India except ______ countries.

14. Which of the following is not a member of ACU?

15. __________ are also issued under the Market Stabilization Scheme(MSS).

16. How many digits are there in CIN?

17. Authorised Money Changers (AMCs) are entities, authorised by the Reserve Bank under _____ of the Foreign Exchange Management Act, 1999

18. CIN stands for __________.

19. The minimum Net Owned Funds (NOF) required for consideration as FFMC for single branch is _________

20. The minimum Net Owned Funds (NOF) required for consideration as FFMC for multiple branch is ________

21. Which of the following schemes are also referred to as mutual funds dedicated exclusively to investments in government securities?

22. All gilt funds – public and private sector, open-ended or close – ended – are eligible to avail liquidity support and other facilities from the ________.

23. In SGL Account, SGL stands for ______

24. The gilt funds are given the facility of transfer of funds from one center to another under the Remittance Facility Scheme of the _______

25. The first gilt fund in India was set up in _____

26. Gilt funds can access the ________ market as lenders.

27. __________ with the Reserve Bank are in eligible central government dated securities and in eligible central government dated securities and treasury bills of all maturities.

28. The prices of the securities for reverse repo transactions are determined by the ______

29. Gilt funds can avail the reverse repo facility for a maximum period of ____ days.

30. The gilt funds cannot use the funds raised through the reverse repos facility for on-lending in the ______ money market.



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