Banking Awareness MCQs Part 16

Banking Awareness MCQs Part 16

 

1. Financial Stability and Development Council (FSCD) is chaired by _____.

1) RBI Governor

2) Financial Secretary

3) Finance Minister

4) Prime Minister

5) Commerce and Industry Minister

2. In banking, the lump sum paid at the end of a loan's term that is significantly larger than all of the payments made before it is called as ______.

1) Rubber Band Payment

2) Zap Payment

3) Balloon Payment

4) Escalator Payment

5) Cookie Payment

3. The maximum maturity age of LIC Jeevan Anand policy is ______.

1) 25 years

2) 35 years

3) 50 years

4) 75 years

5) 100 years

4. What is the meaning of R in TReDS?

1) Render

2) Rate

3) Return

4) Receivables

5) Revenue

5. Which of the following Public sector banks has signed agreement with Cholamandalam MS General Insurance?

1) UCO Bank

2) SBI

3) BOB

4) Union Bank of India

5) Indian Bank

6. HDFC Life Insurance included in MSCI index. 'C' in MSCI stands for_____.

1) Control

2) Care

3) Capital

4) Charge

5) Council

7. Recently, RBI has slapped monetary penalty aggregating _________ on 11 banks for non-compliance with certain provisions of its directions on frauds classification.

1) Rs.8.50 cr

2) Rs.10.50 cr

3) Rs.11.50 cr

4) Rs.5.50 cr

5) Rs. 6.50 cr

8. Special Non-Resident Rupee Account can be operated for a maximum period of ________ years.

1) 10

2) 5

3) 9

4) 7

5) 3

9. PNB Housing recently raised $75 million in ECB from which of the following banks?

1) JPMorgan Chase & Co. (JPM)

2) HSBC Holdings

3) None of these

4) Sumitomo Mitsui Bank

5) Mitsubishi UFJ Financial Group

10.What is the minimum Capital Adequacy ratio to be maintained by small finance banks in India?

1) 10%

2) 12%

3) 15%

4) 20%

5) 12.5%