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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


  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


  5. Depreciation of an asset occurs due to

  6. A.

     Fire in the unit

    B.

     Theft

    C.

     Labour Trouble

    D.

     Wear and tear


  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


  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


  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


  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


  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


  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


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

  20. A.

     SBI

    B.

     UCI

    C.

     DICGC

    D.

     GIC