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General Knowledge :: Banking Awareness

  1. In which year, Credit Guarantee Corporation created ?

  2. A.

     1975

    B.

     1971

    C.

     1975

    D.

     2001


  3. A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to stop payment. Bank will:

  4. A.

     Note caution and will advice the payee to contact purchaser of the draft

    B.

     Not act on the request

    C.

     Stop payment

    D.

     Performs no action


  5. Mutual funds are required to be registered with:

  6. A.

     AMFI

    B.

     SEBI

    C.

     IBA

    D.

     RBI


  7. What is Yield Curve Risk?

  8. A.

     It is a line of graph plotting the yield of all maturities of a particular instrument.

    B.

     Yield curve changes its slope and shape from time to time.

    C.

     Yield curve can be twisted to the desired direction through the intervention of RBI.

    D.

     All of the above


  9. The biggest international financial centre in the world:

  10. A.

     Frankfurt

    B.

     Geneva

    C.

     London

    D.

     New York


  11. The expansion of BIFR, in the context of the Indian Industry is:

  12. A.

     Board for Industrial and Financial Reconstruction

    B.

     Bureau for Industrial and Financial Reconstruction

    C.

     Board for Investment and Financial Reconstruction

    D.

     Bureau for Investment and Financial Reconstruction


  13. The largest financial conglomerate of India is:

  14. A.

     HDFC Bank

    B.

     ICICI Bank

    C.

     IFCI

    D.

     SBI


  15. Under which of the following methods of depreciation, amount of depreciation varies every year?

  16. A.

     Written Down Value Method

    B.

     Straight Line Method

    C.

     Amount of depreciation does not vary on year to year basis

    D.

     Either a or b


  17. Usually, the validity period of an Income Tax Refund Order is:

  18. A.

     1 month

    B.

     2 months

    C.

     3 months

    D.

     6 months


  19. Which of the following is true about "White Card"?

  20. A.

     It is related to companies producing milk products

    B.

     It does not carry on its face, the brand of the issuer

    C.

     It is meant to covert blank money into the economy

    D.

     It is a card that provides white money