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

General Knowledge :: Banking Awareness

  1. Which of the following became the first private bank in India to receive an in-principle approval from RBI?

  2. A.

     Yes Bank

    B.

     ICICI Bank

    C.

     HDFC Bank

    D.

     IndusInd Bank


  3. Which of the following is not a contributing factor to micro-credits?

  4. A.

     KYC norms

    B.

     Collaterals

    C.

     Pre-payment charges

    D.

     EMI


  5. What does Deficit financing mean?

  6. A.

     Government of India borrows from World Bank

    B.

     Government of India borrows from IMF

    C.

     Government of India borrows from SBI

    D.

     Government of India borrows from RBI


  7. RBI revised premature deposit rules of which type of accounts?

  8. A.

     Kiddy accounts

    B.

     Current accounts

    C.

     Large value fixed deposit accounts

    D.

     Dollar savings accounts


  9. Lock period in Term deposit means?

  10. A.

     Locker must be opened by the customer in the branch.

    B.

     The Pre-maturity is not possible.

    C.

     Another account cannot be opened by customer.

    D.

     Nominee name need not be written.


  11. Financial Market broadly divided in to two. They are?

  12. A.

     Money and Capital market

    B.

     Money and Black market

    C.

     Price and Money market

    D.

     Capital and Abroad market


  13. Money market is a market for debt securities that pay off in the short term

  14. A.

     Usually less than two years.

    B.

     Usually less than three years.

    C.

     Usually less than one year.

    D.

     Usually less than five years.


  15. The Money market include

  16. A.

     Treasury bills

    B.

     Cash Management bills

    C.

     Commercial papers

    D.

     All of above


  17. Capital market is a market for long-term debt and equity shares. It is further divided in to?

  18. A.

     Secondary Market and Bull Market.

    B.

     Bull Market and Bell Market.

    C.

     Primary Market and Secondary Market.

    D.

     Primary Market and Government Cash Bond Market.


  19. Shares issued in Primary market in the form of IPO and FPO. IPO means?

  20. A.

     India Public Offer

    B.

     Initial Private Offer

    C.

     Initial Public Off

    D.

     Initial Public Offer