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General Knowledge :: Banking Awareness

  1. AMFI is dedicated to developing the Indian Mutual Fund Industry on professional, healthy and ethical lines and to enhance and maintain standards in the industry. AMFI stands for

  2. A.

     Authority of Mutual Funds in India

    B.

     Association of Mutual Funds in India

    C.

     Amalgamation of Mutual Funds in India

    D.

     Association of Mutual Finance in India

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  3. Providing Gas subsidy, government pensions, providing scholarships etc through banks called as

  4. A.

     Area Banking

    B.

     Social Banking

    C.

     Royal Banking

    D.

     Visual Banking

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  5. Which bank bagged the Core Banking System Initiative Award for the year 2014 at the Asian Banking and Finance - Retail Banking Awards 2014?

  6. A.

     SBI

    B.

     ICICI Bank

    C.

     Bharathiya Mahila Bank

    D.

     Standard Bank

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  7. In the IBA Banking Technology Awards 2014, Best Financial Inclusion Initiative award among Public Sector bank conferred on

  8. A.

     SBI

    B.

     Corporation Bank

    C.

     Andhra Bank

    D.

     Bank of Baroda

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  9. Which of the following banking does not come under Social Banking?

  10. A.

     Crediting the LPG subsidy in the beneficiary bank account

    B.

     Offering Jan Dhan Scheme accounts

    C.

     Allowing students to credit their scholarships through No-frill accounts

    D.

     Allowing the subsidy loan to disadvantage sections of the society

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  11. RBI Provides ____ for meeting day - to - day receipt and expenditure mismatch to both Central and State Governments.

  12. A.

     Treasury bills

    B.

     Ways and Means advance

    C.

     Date and securities

    D.

     None of these

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  13. RBI known as lender of last resort because:

  14. A.

     It has to meet the credit need of citizens to whom no one else is willing to lend

    B.

     Banks lend to go to RBI as a last resort

    C.

     It comes to help banks in times of crisis

    D.

     None of these

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  15. These days RBI uses Selective credit control measures rather infrequently because of:

  16. A.

     Deregulation of functions

    B.

     Autonomy given to banks

    C.

     Comfortable liquidity

    D.

     Reasonable inflation level

    E.

     All the above

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  17. Which is incorrect with regard to powers of RBI

  18. A.

     Holds cash reserve banks

    B.

     Controls banking system through licensing

    C.

     Supervises Banking system through inspection

    D.

     None of these

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  19. Intervenes in markets to maintain the external value of the Indian rupee

  20. A.

     Exporters

    B.

     Importers

    C.

     RBI

    D.

     IMF

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