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General Knowledge :: Banking Awareness

  1. In India, forex rates are determined by

  2. A.

     Exporters

    B.

     Demand and supply forces

    C.

     Importers

    D.

     None of these


  3. Regional Rural Banks were set up on the recommendations of

  4. A.

     Nariman committee

    B.

     Narasimham committee

    C.

     Gadgil committee

    D.

     Puri committee


  5. Committee, launched the process of reforms of financial system in India

  6. A.

     Gadgil committee

    B.

     Nariman committee

    C.

     Narasimham committee

    D.

     Khanna Committee


  7. Which of the following can be categories as a Merchant Banking service?

  8. A.

     Consultancy on finance to a company

    B.

     Advance in capital structure

    C.

     Managing mergers

    D.

     Helping in finalizing take over

    E.

     All the above


  9. The instrument which provides proprietary interest in company and which entitles a person to dividend on profits, is called?

  10. A.

     Bond

    B.

     Share

    C.

     Debenture

    D.

     Warrant


  11. Which of the following provides proper definition of a Mutual Funds?

  12. A.

     It is an association of members of public

    B.

     These members want to invest in financial instrument

    C.

     They want to invest in financial instrument assets of business sector

    D.

     All the above


  13. Which of the following organizations/agencies works solely to monitor and arrange flow of agriculture credit in India?

  14. A.

     NABARD

    B.

     SIDBI

    C.

     RBI

    D.

     SEBI


  15. The currency notes of which of the following denominations are not printed in India?

  16. A.

     Rs. 5

    B.

     Rs. 10

    C.

     Rs. 50

    D.

     Rs. 2500


  17. Which of the following is not the name of a bank functioning in India?

  18. A.

     Central Bank of India

    B.

     UCO Bank

    C.

     Aegon Religare

    D.

     Dena Bank


  19. When banks accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as

  20. A.

     Term Deposit

    B.

     Demand Deposit

    C.

     Bond

    D.

     Mortgage