Banking  Awareness  Quiz – 94

1. 12th President of World Bank Group is:

(a) Kelvin BlayerOdwich

(b) ShinjoYuang

(c) Jim Yong Kim

(d) John Leo

(e) None of these

2. A micro enterprise is an enterprise where the investment in equipment does not exceed ___

(a) 5 lakhs

(b) 10 lakhs

(c) 2 lakhs

(d) 1 lakhs

(e) None of these

3. Apex institution which handles refinance for agriculture and rural development in India is:

(a) NABARD

(b) SEBI

(c) SIDBI

(d) RBI

(e) None of these

4. NDTL stands for:

(a) Net Demand and Time Liabilities

(b) Non Demat Terrific Liabilities

(c) National Demand for True Liabilities

(d) Net Demat and Term Liabilities

(e) None of these

5. Laxmi Commercial Bank merged with:

(a) Vijaya Bank

(b) Dena Bank

(c) Canara Bank

(d) IOB

(e) None of these

6. NRI deposits are called as:

(a) Hot Money

(b) Foreign Deposits

(c) NRI Funds

(d) Export Money

(e) None of these

7. Full form of FINO:

(a) Financial Information Network and Operation Limited

(b) Finance Information Network Organization

(c) Finance in Network Organization

(d) Financial Information New organisation

(e) None of these

8. What is the act related to MSME?

(a) MSMED – act 2006

(b) MSMED – act 2010

(c) MSMEDE – act 2006

(d) MSMEDE – act 2010

(e) None of these

9. If any of the borrowal a/c of MSME became NPA then it is said to be a______

(a) Sick Unit

(b) NPA Unit

(c) Pending Unit

(d) All of these

(e) None of these

10. A cluster based approach may be more beneficial

(a) in dealing with well-defined and recognized groups

(b) availability of appropriate information for risk assessment

(c) monitoring by the lending institutions

(d) reduction in costs.

(e) All of these