Banking Awareness MCQs Part 11

Banking Awareness MCQs Part 11

 

1. Which bank has launched a co-branded ‘Small Business MoneyBack Credit Card’ for small traders in collaboration with CSC?

1) ICICI Bank

2) HDFC Bank

3) Bandhan Bank

4) DBS Bank

5) RBL Bank

2. A high-level panel led by former RBI governor Bimal Jalan was recently constituted regarding which of the following issue?

1) Reforming Monetary Policy Committee

2) Creation of NPA ledger

3) Policy for Public Credit Registry

4) Capital reserves that the central bank should maintain

5) Digitisation of NPA resolution

3. ALM is concerned with strategic balance sheet management involving all market risks. ‘M’ in ALM stands for____________.

1) Market

2) Management

3) Maturity

4) Maintenance

5) Measurement

 

4. G5 consists of the members of the International Monetary Fund whose currencies constitute the Special Drawing Rights. Which of the following is not among them?

1) France

2) Japan

3) China

4) United Kingdom

5) United States

5. In which of the following years Reserve Bank Information Technology Private Limited (ReBIT) was found?

1) 2013

2) 2014

3) 2015

4) 2016 

 

6. This type of banking ensures direct transaction between a bank and its customers without intervention of any third party-

1) Retail banking

2) Online banking

3) Merchant banking

4) Offshore banking

5) Other than those given in options

7. In the National Financial Switch service, the limit per transaction is restricted to less than _________.

1) Rs 20000

2) Rs 25000

3) Rs 50000

4) Rs 10000

5) Rs 40000

8. The Legal Entity Identifier is a ______ digit code developed by the International Organization for Standardization.

1) 16-digit

2) 20-digit

3) 12-digit

4) 10-digit

5) 14-digit

9. If the credit balance in a savings account has not operated for ten years, the amount should be transferred to which fund?

1) Unpaid Contract Fund

2) Cash Reserve Fund

3) Unclaimed Bank Deposit Fund

4) Inactive Deposit Fund

5) Depositor Education and Awareness Fund

10. Which among the following offers buyers’ credit and line of credit to foreign governments and banks?

1) ECGC

2) EXIM Bank

3) Bank of Baroda

4) SIDBI

5) NABARD