BANKING QUIZ
1. Gilt-edged market deals in
a) Worn currency notes
b) Bullion and Gold
c) Govt. Securities
d) Corporate Bonds
e) All kinds of capital market
2. What is the maturity period of treasury bills issued by Govt. of India?
a) 14 and 91 days
b) 91 and 182 days
c) 14 and 182 days
d) 91, 182 and 364 days
e) None of the above
3. The maturity period of a cash management bill can be
a) Less than 364 days
b) Less than 182 days
c) Less than 91 days
d) Any period at discretion of the Govt.
e) None of the above
4. The market for short term financial assets/ instruments, that are close substitutes of money, is called
a) money market
b) capital market
c) forex market
d) financial market
e) None of the above
5. Under _____ market, the funds are transacted by banks on an overnight basis
a) money market
b) call money market
c) notice money market
d) term money market
e) None of these
6. Under notice money market, the funds are transacted by banks for ______.
a) one day
b) over night
c) 2 to 14 days
d) 15 days and above
e) None of these
7. The term plastic money relates to which of the following
a) credit card
b) prepaid phone card
c) plastic sheet notes
d) all of the above
e) None of the above
8. Credit card business can be conducted by banks only if their net worth is at least Rs._____.
a) Rs.100 cr
b) Rs.200 cr
c) Rs.300 cr
d) Rs.500 cr
e) None of these
9. The time gap between closure date of a public issue and its listing on stock exchange, has been reduced by SEBI from _____ to _____.
a) 42 days to 30 days
b) 30 days to 22 days
c) 22 days to 12 days
d) 30 days to 15 days
e) None of these
10. Listed companies are required to disclose their quarterly financial results within _____ from close of the quarter.
a) 15 days
b) 30 days
c) 45 days
d) 60 days
e) None of these
11. ________ became the first corporate to sign the revised listing agreement with the BSE recently as mandated under the newly introduced Listing Regulation notified by SEBI.
a) Reliance Industries
b) Nestle
c) ICICI Bank
d) Cairn India
e) Adani Power
12. ‘CAMELS’ is a type of Bank Rating System. In CAMELS, what does ‘C’ stand for?
a) Currency
b) Compensation
c) Capital Adequacy
d) Capitalisation
13. In banking parlance, ‘NPA’ stands for
a) Non Performing Asset
b) Net Producing Asset
c) Net Performing Asset
d) Not Promoting Asset
14. LAF is an indirect instrument of monetary policy, which is used by RBI to regulate the liquidity in banking system. ‘LAF’ stands for
a) Liquidity Adjustment Facility
b) Liquidity Account Facility
c) Liquidity Allotment Facility
d) Long Adjustment Feature
15. _____________are NOT a part of the Scheduled Banking structure in India.
a) Money lenders
b) Public sector banks
c) Private sector banks
d) Regional rural banks
16. ‘MAT’ is an acronym which stands for
a) Maximum Alternate Tax
b) Minimum Alternate Tax
c) Minimum Affordable Tax
d) Maximum Affordable Tax
17. Often, we read in the newspapers that several Indian companies are taking the FCCB route to raise capital. What does the term FCCB stand for?
a) Foreign Currency Convertible Bond
b) Foreign Convertible Credit Bond
c) Financial Consortium and Credit Bureau
d) Future Credit and Currency Bureau
18. The Banking Ombudsman
a) is in charge of bank loan for buses,
b) fixes the rates of interest for loans
c) resolves complaints of customers
d) issues licenses for new bank branches
e) is the head of all nationalized banks
19. Which of the following is NOT a source of funds of a commercial bank?
a) Capital,
b) Borrowings from RBI
c) Call money,
d) Deposits
e) Cash reserves with RBI
20. ‘KYC’ (Know Your Customer) norms were implemented in the Indian banking system in 2002 as per the directive of
a) SEBI
b) RBI
c) IBA
d) IRDA
e) Indian Government
