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Banking Awareness Quiz

1. Certificate of Deposit (CD) is a _____ instrument.
(1) Shot term
(2) long term
(3) negotiable money market
(4) unsecured money market
(5) None of these

2. Which one of the following is not a 'Money Market Instrument'?
(1)  Treasury Bills 
(2)  Commercial Paper    
(3) Certificate of Deposit 
(4)  Equity Shares
(5)  None of these

3. "CRAR" stands for?
(1) Currency to risk weighted assets ratio           
(2) Capital to risk weighted assets ratio               
(3) Capital to risk weighted accurate ratio           
(4) Capital to rest weighted assets ratio   
(5) None is correct

4. Central Bank of India was the first public bank to introduce:
(1) Credit card                            
(2) ATM Card                 
(3) Mobile ATM
(4) Internet Banking Facility       
(5) None of these

5. Slogan of Federal Bank is _________?
(1) For all your needs 
(2) One family one bank 
(3) Together we can 
(4) Your Perfect Banking Partner
(5) Trusted Family Bank

6. What does WPI stand for?
(1) Wholesale Price Index 
(2) Wholesale Price India 
(3) Wholesale Price International 
(4) Wholesale Price Industrial
(5) Wholesale Prices Industries

7. What does CRISIL stand for?
(1) Credit Rating and Industrial Services of India Limited 
(2) Cash Rating and Industrial Services of India Limited 
(3) Credit Rating and Investment Services of India Limited 
(4) Currency Rating and Investment Services of India Limited
(5) Cash Rating and Investment Services of India Limited 

8. Base Rate regime was introduced with effect from
(1) 1st August 2009                     
(2) 1st July 2009
(3) 1st August 2010                     
(4) 1st July 2010
(5) None of these

9.  Full Form of “CDR” –
(1) Commercial Debt Recovery
(2) Corporate Debt Restructuring
(3) Credit Debit Rate
(4) Currency Default Ratio
(5) Company Debt Recovery

10. FD in a commercial bank can be done for a maximum period of
(1) 15 yrs
(2) 25 yrs
(3) 10 yrs
(4) No limit
(5) None of these

11. Which of the following conducts the Annual Survey of Industries (ASI)?
(1) Central Statistics Office
(2) National Sample Survey Organisation
(3) Ministry of Heavy Industries and Public Enterprises
(4) Ministry of Economy
(5) Ministry of Finance 

12.   The beneficiaries of Micro finance business are _____________
(1) Land Less labour
(2) Marginal farmers
(3) Vendors in the small markets
(4) Hawkers
(5) All the above

13. NABARD (National Bank for Agriculture and Rural Development) established JLG to extract the productive capability from rural population. JLG stands for ?
(1) Junior Link Group
(2) Join Life Group
(3) Joint Line Group
(4) Joint Liability Group
(5) None of these

14. Foreign Exchange Reserves of India are kept in the custody of which of the following ?
(1) International Bank for Reconstruction and Development
(2) Internatinal Monetary Fund
(3) Goverment Treasury
(4) RBI
(5) SBI

15. One of the delivery channel for Micro Finance is SHG model. SHG means ?
(1) Soar Help Group
(2) Sake Help Group
(3) Self Hope Group
(4) Store Help Group
(5) Self Help Group

ANSWERS
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12
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