Banking Quiz 21

Bankers Adda is also known as Banking Quiz Adda.
Today Bankers Adda came back with a New Quiz on Banking.
Go through the quiz and if you have any doubts please contact bankers adda in the comment section.

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1. In which of the following a bank can earn more profits?

(a) Current account
(b) CASA deposit
(c) Recurring deposit account
(d) Saving account
(e) None of these

2. When was RBI nationalized?

(a) 1935
(b) 1947
(c) 1948
(d) 1949
(e) None of these

3. As deposits in banks : Recurring deposits ∷ Purchase of Mutual funds : ________.

(a) MIS
(b) SIP
(c) EMI
(d) PDS
(e) None of these

4. When was CRISIL established?

(a) 1987
(b) 1988
(c) 1990
(d) 1991
(e) None of these

5. Which if the following agency is specialized in rural development?

(c) IFC
(e) (a) & (b) only

6. Expand CARE. It is a creditor’s rating agency.

(a) Credit Analysis and Research Limited
(b) Credit and Research Agency
(c) Credit Analysis and Rehabilitation Agency
(d) Credit and Rehabilitation Agency
(e) None of these

7. It is necessary that the rate of MSF will be

(a) 1% higher than Repo rate
(b) 2% higher than Repo rate
(c) Equal to reverse Repo rate
(d) 0.5% above Repo rate
(e) There is no fix criteria

8. Presently, how many are stock exchange in India?

(a) 22
(b) 21
(c) 24
(d) 23
(e) None of these

9. Which of the following can be covered under E-Banking?

(a) Electronic Fund Transfer
(b) CTS
(c) Debit card
(d) Credit Card
(e) All of the above

10. Expand LAF.

(a) Liquidity Acceleration facility
(b) Liquidity Amortization facility
(c) Liquidity adjustment facility
(d) Liquidity adjustment finance
(e) None of these

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