This quiz works best with JavaScript enabled. Home > Banking > Banking Affairs > Banking Affairs – Quiz 100 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Affairs Quiz 100 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. "Claused Bill of Landing" is one which indicates: A) Remaining constant in project cost. B) Decrease in Project Cost. C) Escalation in Project Cost. D) None of the above. Show Answer Correct Answer: C) Escalation in Project Cost. 2. What is the normal time period range for factoring in India? A) 70-80 days. B) 80-90 days. C) 90-120 days. D) 90-150 days. Show Answer Correct Answer: D) 90-150 days. 3. Which of the following does not qualify as priority sector lending? A) Agricultural lending. B) Education loans. C) Auto loans. D) Loans to small scale sector. Show Answer Correct Answer: C) Auto loans. 4. Call money is related to A) Share Market. B) Government Securities. C) Post Office Deposit. D) Banks Deposit. Show Answer Correct Answer: A) Share Market. 5. Who amongst the following is NOT a famous economist? A) Amartya Sen. B) Octavio Paz. C) Muhammad Yunus. D) Peter A Diamond. Show Answer Correct Answer: B) Octavio Paz. 6. The UTI was established in A) 1956. B) 1964. C) 1972. D) 1976. Show Answer Correct Answer: B) 1964. 7. The bank which refinances the loans given to the poor and weaker sections to construct or buy houses is A) SIDBI. B) IDBI. C) NHB. D) IIBI. Show Answer Correct Answer: C) NHB. 8. The lowering of Bank Rate by the Reserve Bank of India leads to A) More liquidity in the market. B) Less liquidity in the market. C) No change in the liquidity in the market. D) Mobilization of more deposits by commercial banks. Show Answer Correct Answer: A) More liquidity in the market. 9. CASA ratio is the ratio of deposits in which accounts of a bank to its total deposits? A) Current account. B) Saving account. C) Recurring accounts. D) Both A & B. Show Answer Correct Answer: D) Both A & B. 10. CBS stands for A) Core Banking solution. B) Centralized based system. C) Computer based system. D) None of these. Show Answer Correct Answer: A) Core Banking solution. 11. Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy, means A) Sale or purchase of Govt. securities. B) Issuance of different types of bonds. C) Auction of gold. D) To make available direct finance to borrowers. Show Answer Correct Answer: A) Sale or purchase of Govt. securities. 12. Financial inclusion means provision of [IBPS 2011] A) Financial services, namely, payments, remittances, savings, loans and insurence at affordable cost to persons not yet given the same. B) Ration at affordable cost to persons not yet given the same. C) House at affordable cost to persons not yet given the same. D) Food at affordable cost to persons not yet given the same. Show Answer Correct Answer: A) Financial services, namely, payments, remittances, savings, loans and insurence at affordable cost to persons not yet given the same. 13. In which schedule are the scheduled banks of India listed in the RBI Act, 1934? A) 1st. B) 2nd. C) 3rd. D) 4th. Show Answer Correct Answer: B) 2nd. 14. Contractual savings institutions include..... A) Commercial banks & thrifts. B) Finance companies and mutual funds. C) Life insurance companies and pension funds. D) All of above. Show Answer Correct Answer: C) Life insurance companies and pension funds. 15. Which sectors of Indian Economy contributes largest to the gross national product? A) Primary sector. B) Secondary sector. C) Tertiary sector. D) Public sector. Show Answer Correct Answer: C) Tertiary sector. 16. Who has been given the power under the Banking Regulation Act 1949 to grant license to banks? A) RBI. B) State Government. C) Central Government. D) All of the above. Show Answer Correct Answer: A) RBI. 17. In investing its Foreign Assets, RBI is guided by three principles .Which of the following are those principles? A) Safety. B) Liquidity. C) Return. D) All of the above. Show Answer Correct Answer: D) All of the above. 18. To work as an underwriter in India, a certificate of registration must be obtained from which of the following institutions? A) SBI. B) RBI. C) SEBI. D) CIBIL. Show Answer Correct Answer: C) SEBI. 19. When a banker talks about CDR, what is he talking about? A) Corporate Debt Restructuring. B) Corporate Debt Rollover. C) Company Debt Rollover. D) Corporate Deposit Restructuring. Show Answer Correct Answer: A) Corporate Debt Restructuring. 20. An unsecured loan extended by one corporate to another is called A) Commercial papers. B) Treasury bill. C) Inter-corporate deposits. D) Certificates of deposits. Show Answer Correct Answer: C) Inter-corporate deposits. ← PreviousNext →Related QuizzesBanking QuizzesBanking Affairs Quiz 1Banking Affairs Quiz 2Banking Affairs Quiz 3Banking Affairs Quiz 4Banking Affairs Quiz 5Banking Affairs Quiz 6Banking Affairs Quiz 7Banking Affairs Quiz 8Banking Affairs Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books