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

General Knowledge :: Banking Awareness

  1. In which year, Credit Guarantee Corporation created ?

  2. A.

     1975

    B.

     1971

    C.

     1975

    D.

     2001

    View Answer

    Workspace

    Discuss Discuss in Forum


  3. A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to stop payment. Bank will:

  4. A.

     Note caution and will advice the payee to contact purchaser of the draft

    B.

     Not act on the request

    C.

     Stop payment

    D.

     Performs no action

    View Answer

    Workspace

    Discuss Discuss in Forum


  5. Mutual funds are required to be registered with:

  6. A.

     AMFI

    B.

     SEBI

    C.

     IBA

    D.

     RBI

    View Answer

    Workspace

    Discuss Discuss in Forum


  7. What is Yield Curve Risk?

  8. A.

     It is a line of graph plotting the yield of all maturities of a particular instrument.

    B.

     Yield curve changes its slope and shape from time to time.

    C.

     Yield curve can be twisted to the desired direction through the intervention of RBI.

    D.

     All of the above

    View Answer

    Workspace

    Discuss Discuss in Forum


  9. The biggest international financial centre in the world:

  10. A.

     Frankfurt

    B.

     Geneva

    C.

     London

    D.

     New York

    View Answer

    Workspace

    Discuss Discuss in Forum


  11. The expansion of BIFR, in the context of the Indian Industry is:

  12. A.

     Board for Industrial and Financial Reconstruction

    B.

     Bureau for Industrial and Financial Reconstruction

    C.

     Board for Investment and Financial Reconstruction

    D.

     Bureau for Investment and Financial Reconstruction

    View Answer

    Workspace

    Discuss Discuss in Forum


  13. The largest financial conglomerate of India is:

  14. A.

     HDFC Bank

    B.

     ICICI Bank

    C.

     IFCI

    D.

     SBI

    View Answer

    Workspace

    Discuss Discuss in Forum


  15. Under which of the following methods of depreciation, amount of depreciation varies every year?

  16. A.

     Written Down Value Method

    B.

     Straight Line Method

    C.

     Amount of depreciation does not vary on year to year basis

    D.

     Either a or b

    View Answer

    Workspace

    Discuss Discuss in Forum


  17. Usually, the validity period of an Income Tax Refund Order is:

  18. A.

     1 month

    B.

     2 months

    C.

     3 months

    D.

     6 months

    View Answer

    Workspace

    Discuss Discuss in Forum


  19. Which of the following is true about "White Card"?

  20. A.

     It is related to companies producing milk products

    B.

     It does not carry on its face, the brand of the issuer

    C.

     It is meant to covert blank money into the economy

    D.

     It is a card that provides white money

    View Answer

    Workspace

    Discuss Discuss in Forum