Yak Banking Awareness Quiz - Ready 135

1. What does WPI stands for ?
1. Wholesale Price Index
2. Wholesale Price Republic of Republic of India
3. Wholesale Price Indicator
4. Wholesale Price Industry
5. World Price Indicator 
2. In banking parlance CDR stands for :
1. Central Depository Receipt
2. Corporate Debt Restructuring
3. Company Debt Restructuring
4. Commercial Debt Restructuring
   
5. None of the above
3. Ajay Vipin Nanavati is the Chairman of :
1. Andhra Bank
2. Bank of Baroda
3. Syndicate Bank
4. Dena Bank
5. HDFC Bank
4. Which Bank has tied upwards amongst Samsung to enable its credit carte du jour holders purpose the tap in addition to pay alternative at merchant outlets ?
1. ICICI Bank
2. YES Bank
3. South Indian Bank
4. State Bank of Republic of Republic of India
5. Axis Bank
5. Banks obtain photograph at the fourth dimension of opening of the line of piece of employment organisation human relationship amongst a thought to :
1. Avoid benami accounts
2. Verify the identity of the client
3. Verify amongst constabulary records
4. 1 in addition to 2
5. 1, 2 in addition to 3
6. Which Organization has framed codes which are aimed at protec-ting microfinance borrowers fro-m over indebtedness in addition to safeg-uard their interests?
1. MFIN
2. FINO
3. BCSBI
4. NABARD
5. None of the above
7. In honor of opportunity administration inwards Banks what does the term CRAR stands for ?
1. Capital to Risk Weighted Asset Ratio
2. Corporate Risk Weighted Assets Ratio
3. Competent Risk Weights Assessment Rating
4. Compulsory Risk Weights Assessment Ratio
5. None of the above
8. Banks are required to submit CTR (Cash Transaction Report) to _____________ inside _____________  of succeeding month.
1. FIU, xxx days
2. FIU, fifteen days
3. FIU, vii days
4. RBI, vii days
5. RBI, fifteen days
9. Which of the next statements are wrong regarding National Payments Corporation of Republic of Republic of India (NPCI) ?
1. It is an umbrella scheme for all retail payments scheme inwards Republic of Republic of India
2. It was incorporated inwards Dec 2008
3. The Certificate of Commencement of Business was issued inwards Apr 2009
4. The aim of NPCI is to piece of employment for the create goodness of all the fellow member banks in addition to their customers.
5. None of the above
10. A client is entitled to issuance of a duplicate DD inwards house of the lost one, provided :
1. He gives due intimation to the issuing branch
2. Payment of DD non already made yesteryear the drawee branch
3. Execution of an indemnity signed yesteryear both the payee in addition to the purchaser of the DD
4. Payment of a fee every bit applicable for resultant of such duplicate DD
5. All the above
11. A (An) _____________   is a temporary travel yesteryear through line of piece of employment organisation human relationship held yesteryear a 3rd political party during the procedure of a transaction betwixt 2 parties.
1. Company Account
2. Current Account
3. Escrow Account
4. Deposit Account
5. Nostro Account
12. Term loans hateful Loans :
1. Repayable beyond 1 yr
2. Repayments are done inwards installments
3. Term loans are utilized for acquisition of fixed assets
4. Only a & b are right
5. 1, 2 in addition to 3
13. What does FII stands for ?
1. Foreign Institutional Investor
2. France Institutional Investor
3. Forestry Innovation Investment
4. Foreign Indirect Investment
5. Forex Institutional Investor
14. DICGC stands for Deposit Insurance Corporation of India. What is the Premium payable on deposit for every Rs. 100 per annum ?
1. 10 paise
2. 5 paise
3. 25 paise
4. 50 paise
5. None of the above
15. A part of the Net Demand & Time Liabilities (NDTL) to last maintained inwards the shape of Cash Gold or Approved Securities amongst the concerned banking venture is known every bit :
1. SLR
2. CRR
3. Term Deposit Rate
4. Call Money
5. Repo
16. Who is non eligible to convert full general crossing to particular crossing ?
1. Holder
2. Drawer
3. Payee
4. 1 & 2
5. None of the above
17. 'WON' is the currency of :
1. Indonesia
2. Tunisian
3. North Korea
4. South Africa
5. Israel
18. _____________ data tin sack last used to evaluate the functioning of the solid set down inwards international economical contest which includes payments for the country's exports in addition to imports of goods, services, fiscal capital, in addition to fiscal transfers.
1. Import Export Balance
2. Balance of Payment
3. Balance of Trade
4. Balance canvas payments
5. None of the above
19. Which the next offers the highest render on investments ?
1. ELSS - Equity Linked Saving Scheme
2. ULIP - Unit Linked Insurance Plan
3. LIC-Life Insurance Corporation
4. PPF - Public Provident Fund
5. NPS - National Pension Scheme
20. A right to cash inwards one's chips along possession of documents/goods belonging to unopen to other somebody until a debt owed yesteryear that somebody is discharged is called every bit :
1. Lien
2. Mortgage
3. Pledge
4. Bailee
5. Hypothecation

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