Banking Awareness Quiz – 59

Banking Awareness Quiz – 59

1) The Mutual Fund in India are regulated by?

a) IRDA

b) SIDBI

c) SEBI

d) RBI

2) RBI doesn’t have an office in……….

a) Jaipur

b) Bhopal

c) Kanpur

d) Shimla

3) ………………is a statement showing the assets and liabilities of a business at a certain date.

a) Balance Sheet

b) Account Sheet

c) Account Receivable

d) Account Payable

4) …………….is the rate of interest which is levied on short-Term loans taken by commercial banks from RBI.

a) Bank Rate

b) Reverse Repo Rate

c) Base Rate

d) Repo Rate

6)In banking parlance, ‘NPA’ stands for……………….?

a) Net Performing Asset

b) Non Performing Asset

c) Non – Productive Asset

d) None of the Above

7) Discount and Finance House of India (DHFL) was set up in………….?

a) April 1979

b) March 1988

c) March 1990

d) May 1992

8) What does ‘REC’ stand For?

a) Rural Electrification Corporation

b) Ranchi Electrification Corporation

c) Rajasthan Electrification Corporation

d) None of these

9) What does ‘I’in IDBI stand for?

a) International

b) Indian

c) Investment

d) Industrial

10) SEBI is a …………………..

a) Constitutional body

b) Statutory body

c) Non statutory body

d) Advisory body