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General Knowledge :: Banking Awareness

  1. The branding line of Bank of Baroda is ______

  2. A.

     International bank of India

    B.

     India’s International bank

    C.

     Indian’s Multinational Bank

    D.

     World’s local Bank

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  3. Which of the following is the Capital Market regulator?

  4. A.

     RBI

    B.

     NSE

    C.

     SEBI

    D.

     BSE

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  5. One of the major challenges banking industry is facing these days is money laundering. Which of the following acts/ norms are launched by the banks to prevent money laundering in general?

  6. A.

     Banking Regulation Act

    B.

     Know Your Customer Norms

    C.

     Negotiable Instrument Act

    D.

     Narcotics and Psychotropic Substance Act

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  7. We know that RBI is the apex bank of India. Similarly the apex Bank of the USA is:

  8. A.

     Federal Reserve Bank

    B.

     The Central Bank of USA

    C.

     Bank of America

    D.

     Central National Bank of USA

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  9. Sales above Break even point is called ___

  10. A.

     Margin of Safety

    B.

     Gross Profit

    C.

     Net profit

    D.

     b & c

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  11. Authorized Dealers for foreign transactions are appointed by:

  12. A.

     Reserve Bank of India

    B.

     Government of India

    C.

     Individual Banks

    D.

     FEDAI

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  13. As per the report published in the newspaper, the banks, particularly public sector banks are tying up with various rating agencies for providing a qualitative assessment of the credit needs of the borrowers. Which amongst the following is/ are such credit rating agencies in India? A. CARE B. CRISIL C. ULIP

  14. A.

     Only A

    B.

     Only B

    C.

     A and B

    D.

     Only C

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  15. As a practice, all banks now deduct some amount from their pre- tax income and set aside in a separate account to create a cushion for the loans which may go bad. This is called:

  16. A.

     CRR

    B.

     SLR

    C.

     Provisioning

    D.

     PLR

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  17. The power of the commercial banks to expand deposits through expanding their loans and advances is known as ____.

  18. A.

     Capital Expansion

    B.

     Credit Expansion

    C.

     Credit control

    D.

     Credit Creation

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  19. The Securitization And Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI) meant for recovery of loans which have become NPAis not applicable to:

  20. A.

     Private Banks

    B.

     Non – Banking Financial Companies

    C.

     Financial Institutes of the Govt.

    D.

     Public Sector banks

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