Banking

Banking Awareness for IBPS/UIICL/RRB 1.  The market value of all final goods and services produced and/Or made with the geographical boundaries of a country in a year is known as _______ a) Gross Domestic Product b) Gross National Savings c) Gross Fiscal Deficit d) Gross Domestic Capital Formation e) None...

Quick Test Based on RRB Previous Paper (Based on Memory) 1. Another name for a program is 1) software 2) procedure 3) typology 4) utilities 5) userware 2. ________ is a communication technology used by some incoming mail servers. 1) Telnet 2) TCP 3) FTP 4) GIF 5) POP3 3....

Banking Awareness for IBPS PO/RRB/UIICL 1. MICR code is used for ________. a) For Code Banking Solution b) For Electronic Funds Transfer c) For Electronic Clearance of Cheques d) For Cheque Truncation Services e) None of these 2. The Statutory Liquidity Ratio (SLR), the amount of liquid assets such as cash,...

Banking Awareness for RRB/UIICL 1. One single statement that depicts the financial position of a bank and/or business enterprise at a given point of time is called (a) Statement of product details (b) Reconciliation Statement (c) Balance Sheet (d) Quarterly returns submitted to RBI (e) Trading and manufacturing account 2. Banks borrow...

Banking Awareness for RRB/UIICL 1. The stance of RBI monetary policy is a) Inflation control with adequate liquidity for growth b) Improving credit quality of the Banks c) Strengthening credit delivery mechanism d) All of the above e) None of these 2. Currency Swap is an instrument to manage a)...

Banking Awareness for RRB Main 1.What does E stands for in SARFAESI ACT? Exchange Enforcement  Equity  Effective Encroachment 2. The stance of RBI monetary policy is Inflation control with adequate liquidity for growth Improving credit quality of the Banks Strengthening credit delivery mechanism All of the above None of these...

Banking Awareness for RRB/UIICL  1. Finance Ministry has asked the Reserve Bank ot India to allow common ATM's that will be owned and managed by non-banking entities hoping to cut transaction costs for banks. Such ATM's are known as— 1. Black Label ATM's 2. off site ATM's 3 on site ATM's or...

Banking Awareness for RRB PO Main 1. The Minimum Net Owned Fund for NBFC MFIs registered in the North Eastern Region of the country is _____ a) Rs.5 crore b) Rs.4 crore c) Rs.3 crore d) Rs.2 crore e) None of the Above 2. The Lead Bank Scheme was introduced in the...

Banking Awareness for RRB Main 1. Which of the following is known as cross-selling by Banks? A. Sale of a debit card to a credit card holder B. Sale of Insurance policy to a depositor C. Issuance of cash against cheque presented by a third party a) Only (A) b)...

Banking Awareness for RRB/UIICL 1. Expand the term SWIFT. a) Society for Worldwide International Financial Telecommunications b) Society for Worldwide Interbank Financial Telecommunications c) Society for Worldwide International Financial Transfers d) Society for Worldwide Interbank Fiscal e) None of these 2. Which of the following terms is NOT used in...