Class Room Daily Dose Booklet: DDB No: BA 03 Answers and Explanations

 

MAGME SCHOOL OF BANKING 

Class Room - Daily Dose Booklet
 DDB NO: BA 03

Banking Awareness

Answers

 

1	c) Credit Rating and Investment Services of India Limited	26	b) 6
2	d) Air Transport Industry	27	b) Call money borrowings
3	c) 10%	28	d) International Monetary Fund
4	a) Net Primary Deficit	29	a) Services
5	c) Pune	30	d) Rate of Dearness Allowance for Government Employees
6	c) Escrow Account	31	a) Unit Banking
7	d) Third	32	a) Bank rate policy
8	e) Both a) and b)	33	b) cheque which a bank draws itself
9	c) Bengaluru	34	a) Money Lenders
10	a) Commercial Papers	35	c) Bank Rate (BR)
11	d) Mangalyaan	36	c) NABARD
12	a) Flipkart	37	c) 20.50%
13	a) IRDA	38	c) Allahabad Bank
14	d) Electronic fund transfer from bank to bank	39	c) Consumer banking
15	d) Fixed Deposits	40	b) Offshore banks
16	a) 7.6	41	b) Punjab National Bank
17	a) Mandaluyong, Philippines	42	b) Brussels
18	a) To reduce fiscal deficit	43	c) Current Account
19	d) SBI	44	d) Exchange rate
20	c) Indian Bank	45	c) Rakesh Sharma
21	c) Bank of Baroda	46	a) HDFC Bank
22	b) Creditors	47	a) Exchange Earners’Foreign Currency Account
23	d) Cash Flows in different currencies	48	b) ICICI bank
24	b) Gold	49	d) RBI
25	a) PPI	50	c) President

 

51	b) Human Resources	76	b) Fiscal Policy
52	d) Japan	77	a) Kochi
53	c) Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970	78	b) IRDA
54	d) Liquidity in economy	79	a) Uttar Pradesh
55	a) Core Banking Solution	80	c) 2010
56	d) Dirham	81	d) NSDL
57	c) International Monetary Fund	82	e) 2 April 1990
58	c) 1944	83	d) Ministry of Finance
59	a) ING Vysya Bank	84	b) PNB
60	c) ICICI	85	c) New Delhi
61	d) Prathama Bank	86	e) Kishor Kharat
62	b) To manage the funds of a mutual fund	87	a) SIDBI
63	b) Only III	88	d) SLR
64	b) Kerala	89	c) 1995
65	c) Public provident fund	90	a) Corporate Debt Restructuring
66	e) All of these	91	d) Govt. of India
67	b) Senior citizens	92	e) Personal Retirement Account
68	e) ICICI	93	c) Contraction of supply of currency
69	a) Corporation Bank	94	d) 40%
70	c) BANKNET	95	a) Non-Performing Asset
71	d) Both (a) and (b)	96	a) Life Insurance Companies
72	d) Net Demand and Time Liabilities	97	e) DICGC
73	c) IndusInd Bank	98	a) Kerala
74	d) Exchange Rate of Foreign Currencies	99	c) DICGC
75	c) Electronic Clearing Service	100	c) resolves complaints of customer

 

101	a) Dematerialisation	126	c) Diphu, Assam
102	c) Pune	127	b) Account payee crossing
103	b) Non performing assets	128	b) Lucknow, Uttar Pradesh
104	b) IRDA	129	c) Manipal
105	b) SBI	130	b) A Bank included in 2nd schedule of RBI Act 1934
106	b) Reserve Bank of India	131	c) Central Statistical Organization
107	d) Fiat Money	132	c) 365 Days
108	b) No-frills Account	133	c) Yes Bank
109	b) Imperial Bank of India	134	d) Funds of Fund
110	a) Inter-Bank Mobile Payment Service	135	d) To control cost and availability of money
111	a) Lucknow	136	c) LIBOR
112	d) Mumbai	137	a) Two
113	b) 15%	138	b) Catholic Syrian Bank
114	b) where service is a way of life	139	d) Personal Loan
115	d) Indore, MP	140	b) Credit Union
116	d) Only 1 and 2	141	b) Moratorium
117	c) Off-shore banking units	142	a) Immediate transfer of money from customer of one bank to customer of another bank
118	b) Time liability	143	c) Yes Bank
119	a) Share market	144	d) Government of India
120	c) lending to the people with less than standard credit status	145	d) 1954
121	d) Rs 100 crore	146	e) Number Portability
122	d) Sangrur Punjab	147	e) All of these
123	e) New Delhi	148	b) Balance with Reserve Bank of India
124	c) Forint	149	b) Human Resources
125	c) 1927	150	e) All of these

 

151	a) ING Vysya Bank	176	a) Liquid cash
152	d) Funds of Fund	177	a) Deposits with drawable on demand by the depositor
153	e) Illiterate people	178	a) Corporates
154	b) Fiscal policy of the government	179	b) Jai Kumar Garg
155	d) HSBC	180	d) RBI
156	d) A P Singh	181	a) Written Down Value Method
157	c) ICICI	182	b) NPCI
158	b) Bank of India	183	c) Risk weighted assets
159	c) Infrastructural Development	184	a) Ahemedabad, Gujarath
160	c) A person who has assumed obligations of contract jointly with other person(s)	185	c) Mobile
161	c) Dena Bank	186	b) 23rd
162	a) Open cheque	187	a) United Bank of India
163	c) Base rate	188	d) Ways and Means advance
164	b) Scheduled and Non-Scheduled Banks	189	a) Rs.25,000
165	b) Micro credit	190	e) The bank upon which the cheque is drawn
166	b) Governor, RBI	191	c) Will lead to a decrease in the money supply
167	e) All of these	192	d) Finance Secretary
168	d) Mumbai	193	b) Decrease in the external value of money
169	c) 40%	194	d) Points of Presence
170	b) Credit Rating Agency	195	d) individuals
171	c) UNO	196	a) Reserve Bank of India
172	c) HDFC Bank	197	a) Life Insurance Companies
173	d) Consumer Durables Loan	198	a) Cash in the vault
174	d) 24 months	199	b) Credit Union
175	c) Overdraft	200	b) 21.5%