Banking Awareness Quiz – 82

1. The New York Stock Exchange is an ?

(a) financial instrument.

(b) financial market.

(c) central bank.

(d) regulatory agency.

(e) None of these

2. Which type of deposits gives highest rate of interest?

(a) Current deposit

(b) Fixed deposit

(c) Recurring deposit

(d) Savings deposit

(e) None of these

3. Which of the following are the six parts of the financial system?

(a) Financial instruments, credit cards, financial instruments, regulatory agencies, central banks, Federal Reserve System

(b) Financial instruments, money, financial instruments, the Security and Exchange Commission, central banks, Federal Reserve System

(c) Money, financial instruments, financial markets, financial institutions, regulatory agencies, central banks, Federal Reserve System

(d) Money, financial instruments, financial markets, banks, regulatory agencies, central banks, Federal Reserve System

(e) None of these

4. Banks can change rate of interest beyond spread announced by them on advances granted to?

(a) Film companies

(b) Chit funds

(c) NBFC

(d) Hotels

(e) None of these

5. Bank can change interest rate without reference to its PLR in the following?

(a) Housing loans

(b) NRE/ FCNB deposits

(c) Personal loans

(d) Educational loans

(e) None of these

6. At what frequency can Banks pay interest on Saving Bank Account as per RBI guidelines?

(a) Monthly

(b) Quarterly

(c) Half Yearly

(d) Yearly

(e) None of these

7. National Rural Development Institute is situated at ?

(a) Delhi

(b) Kolkata

(c) Mumbai

(d) Hyderabad

(e) None of these

8. The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called ?

(a) Statutory Liquidity Ratio

(b) Cash Reserve Ratio

(c) Repo Rate

(d) Marginal Standing Facility

(e) None of the above

9. Which of the following is not viewed as a national debt ?

(a) National Saving Certificate

(b) Provident Fund

(c) Life Insurance Policies

(d) Long-term Government Bonds

(e) None of these

10. Short-term finance is usually for a period ranging up to?

(a) 6 years

(b) 1 year

(c) 5 years

(d) 2 years

(e) None of these