Class Room Daily Dose Booklet: DDB No: BA 04 Answers and Explanations

 MAGME SCHOOL OF BANKING 

Class Room - Daily Dose Booklet
 DDB NO: BA 04

Banking Awareness

Answers 

 

1	e) November 1994
2	c) Board for Financial Supervision
3	d) 8.8%
4	d) Third
5	a) Unique Identification Number
6	c) SEBI
7	b) Baroda Sun
8	a) 1988
9	a) 2 years
10	b) Reserve Bank of India Act, 1934
11	d) State Bank of Rajasthan
12	b) SEBI
13	b) Central Bank of India
14	d) NABARD
15	a) Vijaya Bank
16	b) 1907
17	c) Proportional Tax
18	a) Life Insurance Companies
19	d) Both (a) and (c)
20	a) 74%
21	b) Mandatory
22	a) 1949
23	b) Balance sheet
24	a) Sriram Kalyanaraman
25	c) Capital Account
26	d) UNCTAD
27	c) 70 years
28	a) Monetary Policy
29	b) Bank of Maharashtra
30	b) NABARD – RBI
31	b) 1965
32	a) Finance Commission
33	c) Usually less than one year.
34	a) Virtual banking
35	b) Saraf committee
36	d) It works 7 days in a week
37	b) Ms. Chanda Kochhar
38	b) UTI
39	e) Deposit insurance and Credit guarantee Corporation
40	a) December 2008
41	d) RuPay
42	c) 1950
43	d) Usha Ananthasubramanian
44	a) FEMA
45	c) United Bank of India
46	c) Basel, Switzerland
47	b) Ministry of Commerce
48	b) Any Indian bank maintaining account with a bank abroad
49	c) Using the electronic image of a cheque
50	e) Grindlays Bank
51	e) RBI
52	a) Bond Ledger Account
53	a) April 1, 1935
54	a) World Trade Organisation
55	c) 1944
56	d) 07 days
57	d) Demat
58	a) Bangalore
59	a) DBS Bank
60	d) British Government
61	d) Inflation rate
62	d) No frills accounts
63	b) Central Government
64	a) Foreign Exchange Management Act, 1999
65	b) Numismatics
66	d) Usha Ananthasubramanian
67	d) Chennai
68	b) IFC
69	a) National Payments Corporation of India
70	a) 1949
71	d) Afzal Amanullah
72	b) Minimum Alternate Tax
73	b) HSBC
74	c) Axis Bank
75	e) Vikram Limaye
76	e) Punjab National Bank
77	b) PSL
78	e) Other than the given options
79	b) Rs. 800 cr
80	a) Federal Bank
81	b) 2008
82	a) USA
83	b) Manila
84	d) Basic Savings Bank Deposit Account
85	d) Shadow banking
86	c) Value added tax
87	d) CRR
88	b) Business per employee
89	d) LED
90	c) Electronic Clearing Service
91	b) Federal Bank
92	a) 1919
93	c) Statutory Liquidity Ratio (SLR)
94	b) 4.00%
95	c) Kirana Store
96	c) Reserve Bank of India
97	b) PNB
98	d) Funds of Fund
99	e) All of these
100	d) 14
101	d) Finance extended to an exporter to meet the cost of buying and/or making products 'to be exported
102	b) Imperial Bank of India
103	c) European Central Bank
104	a) CBDT
105	a) Kishore Kumar Kharat
106	b) In the Second Schedule of BR Act,1949
107	b) Reinsurance
108	c) Forfeiture
109	c) Selling of gilt-edged securities by the government
110	a) No-frills Accounts
111	b) Special drawing rights
112	a) 1 Lakh
113	b) Shivraman II
114	b) Performance during April - June
115	c) SEBI
116	d) Insurance companies
117	d) Both (1) and (3)
118	b) Liquidity
119	c) Standard-token coin
120	e) None of these
121	a) Bank of Maharashtra
122	a) United Bank of India
123	b) ISDA Agreement
124	c) Credit Support Annex
125	a) Current Account
126	d) 12 months
127	c) 50%
128	c) Citibank
129	d) 90 days
130	b) National Sample Survey Office
131	a) 4%
132	c) State Bank of India
133	c) Axis Bank
134	e) Sachet
135	b) India Post Payments Bank Limited
136	c) 7%
137	e) 24th
138	a) Too big to fail
139	d) Masala Bonds
140	d) Indian Overseas Bank
141	b) Arun Shrivastava
142	a) Bills of Exchange
143	e) ONGC
144	c) Certificate of Holding
145	d) Stock Exchange
146	b) Semi-annually
147	d) Small Industries Development Bank of India (SIDBI)
148	a) Reserve Bank of India
149	c) NPA
150	a) Cheques
151	e) Bank of India
152	e) All the above
153	b) ICICI Bank
154	d) Qualified Institutional Placement
155	e) Syndicate Bank
156	b) Payments Banks
157	c) three years
158	d) December 2008
159	b) Kotak Mahindra Bank
160	a) Yes Bank
161	b) New Delhi
162	c) SARFAESI Act
163	b) 40%
164	a) Private Key
165	a) Call Money/Notice Money Market
166	c) All scheduled commercial banks including RRBs
167	d) All of the above
168	a) Decrease in lendable resource
169	a) Two
170	e) Grindlays Bank
171	d) 1906
172	c) Excess reserves
173	a) More than 50 % stake held by government
174	b) Base rate
175	d) CIBIL
176	c) Containing instability in the overnight inter-bank rates
177	a) United Bank of India
178	b) Cooperative Banks and Regional Rural Banks
179	b) Market risk
180	a) HDFC bank
181	c) Shadow banking
182	a) It means all their branches are technology driven with core banking solutions
183	c) When people rush to withdraw funds from their bank accounts
184	b) Through clearing account of a bank
185	c) Banks to reach the minimum capital adequacy ratio of 11.5% by 31st March, 2018
186	b) Promissory note
187	d) All the above
188	d) Asset reconstruction companies buy bad debts at a discount from banks
189	c) Cash withdrawal fees together with tax is charged to the card holder
190	c) Financial intermediaries
191	b) It is a rate at which banks borrow rupees from RBI
192	d) Provide financial service to the people of the nation of its origin across the country
193	c) Stocks
194	a) K.M. Chandrasekhar
195	b) liquidity in economy
196	c) Excise Duty
197	b) Central Bank of India
198	e) SEBI
199	c) Foreign Direct Investment
200	a) Money borrowed or lent for a day or over night