Home / General Knowledge / Banking Awareness :: section-1

General Knowledge :: Banking Awareness

  1. FD in a commercial bank can be done for a maximum period of

  2. A.

     15 yrs

    B.

     25 yrs

    C.

     10 yrs

    D.

     No limit

    View Answer

    Workspace

    Discuss Discuss in Forum


  3. Which of the following is a third party product often sold by banks?

  4. A.

     Gift cheques

    B.

     Credit cards

    C.

     Debit cards

    D.

     Mutual funds

    View Answer

    Workspace

    Discuss Discuss in Forum


  5. In index of financial inclusion has been launched for the first time in 2008 by

  6. A.

     BSE

    B.

     NSE

    C.

     ICRIER

    D.

     CCI

    View Answer

    Workspace

    Discuss Discuss in Forum


  7. Which of the following is not a contributing factor to micro-credits?

  8. A.

     EMI

    B.

     Collaterals

    C.

     KYC norms

    D.

     Pre-payment charges

    View Answer

    Workspace

    Discuss Discuss in Forum


  9. Financial assistance for a sum of Rs. 5,000 can be called as?

  10. A.

     Small finance

    B.

     Micro finance

    C.

     Crazy finance

    D.

     Petty finance

    View Answer

    Workspace

    Discuss Discuss in Forum


  11. What is current coverage of bank account of population (approx)?

  12. A.

     60%

    B.

     80%

    C.

     40%

    D.

     50%

    View Answer

    Workspace

    Discuss Discuss in Forum


  13. CASA ratio is the ratio of deposits in which accounts of a bank to its total deposits ?

  14. A.

     Current account

    B.

     Saving account

    C.

     Recurring accounts

    D.

     Both 1 & 2

    View Answer

    Workspace

    Discuss Discuss in Forum


  15. Which of the following restrictions apply for opening BSBDA by banks for individuals?

  16. A.

     Age

    B.

     Income

    C.

     Amount

    D.

     None of these

    View Answer

    Workspace

    Discuss Discuss in Forum


  17. FRBM Act stands for :

  18. A.

     Fiscal Revenue and Budget Management

    B.

     Foreign Revenue and Business Management

    C.

     Fiscal Responsibility and Budget Management

    D.

     Foreign Responsibility and Budget Management

    View Answer

    Workspace

    Discuss Discuss in Forum


  19. When prices of goods are falling continuously, the phenomenon is called as :

  20. A.

     Stagflation

    B.

     Disinflation

    C.

     Deflation

    D.

     Reflation

    View Answer

    Workspace

    Discuss Discuss in Forum