Banking and Financial Awareness Quiz

1. The Saraf Committee was constituted by RBI in the year?

 1973

 1984

 1994

 1998

2. The chair person of Shere Committee was?

 Mr. Rahul Shere

 Mr. R. K. Shere

 Smt. K. S. Shere

 Sri Amit Shere

3. World Investment Report is annually published by?

 IBRD

 WTO

 IMF

 UNCTAD

4. As we know the RBI is the apex Bank of India, similarly, the apex Bank of USA is called?

 Federal Reserve

 The Central bank of USA

 Bank of America

 None of the above

5. The advantages of securitization for a Bank is? 

 It provides liquidity to the issuing Bank

 The Bank capital does not get blocked

 Securitisation proceeds can be used for fresh lending

 All of the above

6. Which of the following state shows the fastest growth in expanding Micro Finance business in the country?

 Gujarat

 Andhra Pradesh

 Maharashtra

 Karnataka

7. The process of credit Derivative involves?

 The Protection Seller guarantees payment of principal and interest or both of the Asset owned by the Protection Buyer in case of credit default

 The Protection Buyer pays a premium to the Protection Seller

 Both A and B

 None of the above

8. Which of the following rates decided by the RBI is called “Policy Rate”?

 Lending Rate

 Cash Reserve Ratio

 Deposit Rate

 None of the above

9. Loan given by the banks to farmers/small shop owners etc is known as........?

 Corporate loan

 Business loan

 Priority sector loan

 Commercial loan

10. The Head Office of which of the following banks is in Mumbai?

 Punjab National Bank

 Bank of Maharashtra

 UCO Bank

 Union Bank of India