Banking Awareness

1. When it comes to organized sector, which among the following is not true?

a) Reserve Bank of India;

b) Public sector commercial banks;

c) private sector commercial banks;

d) money lenders;

e) cooperative banks

2. Which among the following are called as financial instruments?

a) Call money market;

b) bill market;

c) bank loans;

d) all the above;

e) none of the above

3. ___________________refers to the market for government and semi government securities, backed by the RBI

a) Gilt edged market;

b) industrial securities market;

c) primary market;

d) secondary market;

e) none of the above

4. The industries securities market refers to the market which deals in:

a) Equities;

b) debentures;

c) treasury bills;

d) commercial paper;

e) only (a) and (b) as above

5. Which among the following is called as stock exchange?

a) Gilt edged market;

b) primary market;

c) secondary market;

d) old issues market;

e) both © and (d) as above

6. The initial public offer is connected to which among the following:

a) Primary market;

b) secondary market;

c) old issues market;

d) gilt edged securities market;

e) none of the above

7. The money lent for more than one day; however, not more than fifteen days is called as:

a) Call money;

b) notice money;

c) term money;

d) commercial paper;

e) none of the above

8. A _________________is an institution which accepts deposits, makes business loans and other related services

a) Development bank;

b) savings bank;

c) commercial bank;

d) indigenous bank;

e) local area bank

9. _________________are those financial institutions engaged in the promotion and development of industry, agriculture and other key sectors

a) Commercial banks;

b) development banks;

c) Reserve Bank of India;

d) all the above;

e) none of the above

10. Money lenders and sahukars called as___________________collect deposits from the general public and grant loans to the needy persons out of their own funds as well as from deposits.

a) Local area banks;

b) Indigenous banks;

c) commercial banks;

d) development banks;

e) none of the above

Answers:
1-D
2-D
3-A
4-E
5-E
6-A
7-B
8-C
9-B 
10-B