Banking Awareness
1➤ The Handbook of Statistics on the Indian Economy is released annually by which of the following?
A) Ministry of Finance
B) National Payments Corporation of India
C) Reserve Bank of India
D) Small Industries Development Bank of India
2➤ In ___________, an IPO applicant’s bank account doesn’t get debited until shares are allotted to them.
A) ADDS
B) ASBA
C) ABSA
D) ASSA
3➤ A bank which is recognized as a bank capable of providing ASBA services to its customers is known as?
A) SCSB
B) SCSS
C) SABS
D) SBSS
4➤ Which of the following is another name for bad loans?
A) Over draft
B) Non performing Asset
C) Stop loan
D) Liability Loan
5➤ What is the share of State Government in Regional Rural Bank?
A) 50%
B) 15%
C) 35%
D) 20%
6➤ What is the share of State Government in Regional Rural Bank?
A) 50%
B) 15%
C) 35%
D) 20%
7➤ As per the Banking Ombudsman Scheme, a person can file a complaint to the Banking Ombudsman, if the satisfied reply is not received from the bank within a period of _________.
A) 12 month
B) 6 month
C) 3 month
D) 1 month
8➤ National Housing Bank (NHB) is a wholly owned subsidiary of ___________
A) Reserve Bank of India
B) Government of India
C) SIDBI
D) NABARD
9➤ What is the maturity period of Public Provident Fund (PPF) account?
A) 10 years
B) 7 years
C) 8 years
D) 15 years
10➤ ____________ refers to individuals and populations without access to common financial services
A) Financial Deprivation
B) Financial Exclusion
C) Banking Access
D) Financial Spam