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Banking Awareness Test - 2

Description: Banking Awareness Test - 2
Number of Questions: 24
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Tags: Banking Awareness Test - 2 Banking Awareness Computer Aptitude
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Fiscal deficit is

  1. total income less Govt. borrowing

  2. total payments less total receipts

  3. total payments less capital receipts

  4. total expenditure less total receipts excluding borrowing

  5. none of these


Correct Option: D

In the Capital Market, the term arbitrage is used with reference to

  1. purchase of securities to cover the sale

  2. sale of securities to reduce the loss on purchase

  3. simultaneous purchase and sale of securities to make profits from price

  4. variation in different markets

  5. none of the above


Correct Option: C

Reverse repo means

  1. injecting liquidity by the Central Bank of a country through purchase of Govt. securities

  2. absorption of liquidity from the market by sale of Govt. securities

  3. balancing liquidity with a view to enhancing economic growth rate

  4. improving the position of availability of the securities in the market

  5. None of the above


Correct Option: A

When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as

  1. participation

  2. consortium

  3. syndication

  4. multiple banking

  5. None of these


Correct Option: B

The stance of RBI monetary policy is

  1. inflation control with adequate liquidity for growth

  2. improving credit quality of the Banks

  3. strengthening credit delivery mechanism

  4. supporting investment demand in the economy

  5. none of the above


Correct Option: E

Euro Bond is an instrument

  1. issued in the European market

  2. issued in Euro Currency

  3. issued in a country other than the country of the currency of the Bond

  4. all of the above

  5. none of these


Correct Option: C

Currency Swap is an instrument to manage

  1. currency risk

  2. interest rate risk

  3. currency and interest rate risk

  4. cash flows in different currencies

  5. all of the above


Correct Option: D

Money Laundering normally involves

  1. placement of funds

  2. layering of funds

  3. integration of funds

  4. all of the above

  5. none of these


Correct Option: D

In the term BRIC, R stands for

  1. Romania

  2. Republic of Congo

  3. Russia

  4. Rwanda

  5. None of these


Correct Option: C

Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy, means

  1. sale or purchase of government securities

  2. issuance of different types of bonds

  3. auction of gold

  4. to make available direct finance to borrowers

  5. None of these


Correct Option: A

'Sub-prime' refers to

  1. lending done by banks at rates below PLR

  2. funds raised by the banks at sub-Libor rates

  3. group of banks which are not rated as prime banks as per Banker's Almanac

  4. lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards


Correct Option: D

Capital market regulator is

  1. RBI

  2. IRDA

  3. NSE

  4. BSE

  5. SEBI


Correct Option: E

An instrument that derives its value from a specified underlying (currency, gold, stocks, etc.) is known as

  1. derivative

  2. securitisation receipts

  3. hedge fund

  4. factoring

  5. venture capital funding


Correct Option: C

Bank rate means

  1. rate of interest charged by commercial banks from borrowers

  2. rate of interest at which commercial banks discount bills of their borrowers

  3. rate of interest allowed by commercial banks on their deposits

  4. rate at which RBI purchases or rediscounts bills of exchange of commercial banks

  5. None of these


Correct Option: D

Which is the first Indian company to be listed in NASDAQ?

  1. Reliance

  2. TCS

  3. HCL

  4. Infosys

  5. None of these


Correct Option: D

What is Call Money?

  1. Money borrowed or lent for a day or over night.

  2. Money borrowed for more than one day but up to 3 days.

  3. Money borrowed for more than one day but up to 7 days.

  4. Money borrowed for more than one day but up to 14 days.

  5. None of these


Correct Option: A

The logo of Bank of Baroda is known as

  1. Sun of Bank of Baroda

  2. Baroda Sun

  3. Bank of Baroda's Rays

  4. Sunlight of Bank of Baroda


Correct Option: B

The branding line of Bank of Baroda is

  1. International Bank of India

  2. India's International Bank

  3. India's Multinational Bank

  4. World's Local Bank


Correct Option: B

FDI refers to

  1. Fixed Deposit Interest

  2. Fixed Deposit Investment

  3. Foreign Direct Investment

  4. Future Derivative Investment

  5. None of these


Correct Option: C

Which of the following is the Regulator of the credit rating agencies in India?

  1. RBI

  2. SBI

  3. SIDBI

  4. SEBI

  5. None of these


Correct Option: D

Who is Brand Endorsing Personality of Bank of Baroda?

  1. Juhi Chawla

  2. Kiran Bedi

  3. Amitabh Bachchan

  4. Kapil Dev

  5. None of these


Correct Option: E

What is an Indian Depository Receipt?

  1. A deposit account with a Public Sector Bank

  2. A depository account with any of depositories in India

  3. An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company

  4. An instrument in the form of deposit receipt issued by Indian depositories

  5. None of these


Correct Option: C

The IMF and the World Bank were conceived as institutions to

  1. strengthen international economic cooperation and to help create a more stable and prosperous global economy

  2. promote international monetary cooperation

  3. ensure global economic development and poverty reduction

  4. All of the above

  5. None of these


Correct Option: D
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