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General Knowledge :: Banking Awareness

  1. Many times we read the term ‘ECB’ in newspapers. What is the full form of ‘ECB’ ?

  2. A.

     Essential Commercial Banking

    B.

     European Credit Borrowing

    C.

     External Credit For Business

    D.

     External Commercial Borrowing

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  3. Credit risk to the bank is high from which of these cards?

  4. A.

     Debit cards

    B.

     Credit cards

    C.

     ATM cards

    D.

     None of these

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  5. Depreciation of an asset occurs due to

  6. A.

     Fire in the unit

    B.

     Theft

    C.

     Labour Trouble

    D.

     Wear and tear

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  7. Which of the following is NOT a source of funds of a commercial bank?

  8. A.

     Capital

    B.

     Borrowings from RBI

    C.

     Call money borrowings

    D.

     Deposits

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  9. Which one of the following is a Credit Card Association?

  10. A.

     India Card

    B.

     Master Card

    C.

     SBI Cards

    D.

     City Bank Cards

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  11. Which one of the following is not an electronic Banking delivery channel?

  12. A.

     Mobile Phone Banking

    B.

     Internet Banking

    C.

     Mobile Vans

    D.

     Tele Banking

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  13. The Rate at which the domestic currency can be converted into foreign currency and vice-versa is known as the

  14. A.

     Exchange rate

    B.

     MIBOR

    C.

     Inter bank Call money rate

    D.

     Base rate

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  15. Crossing on a cheque can be cancelled by the ________ of the cheque, under his full signature.

  16. A.

     payee

    B.

     drawee

    C.

     endorser

    D.

     drawer

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  17. Bank branches which can undertake foreign exchange business directly are known as in foreign exchange

  18. A.

     Authorized dealers

    B.

     Foreign dealers

    C.

     Overseas branches

    D.

     Approved dealers

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  19. Insurance cover for bank deposits in our country is provided by

  20. A.

     SBI

    B.

     UCI

    C.

     DICGC

    D.

     GIC

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