1. A Bank may prefer to invest in corporate Bonds because?
A. Bond is more liquid Asset
B. Bond has an easy exit
C. Bond can be sold at discount
2. Which of the following is not credit substitute?
A. Commercial Paper
B. Mortgage Loan
C. Corporate Bond
D. Certificate of Deposit
3. INFINET stands for?
A. Internal Financial Networking
B. International Financial Networking
C. Indian Financial Network
D. Inland Financial Network
4. Which of the following is not the name of a Banking Organisation?
A. HDFC
B. IDBI
C. YES
D. SEBI
5. Intangible assets are _____?
A. Preliminary expenses
B. Patents, copyright, goodwill
C. Losses which cannot be reduced from share capital
D. All the above
6. Liability-side of the balance-sheet comprises ______?
A. Capital and reserve
B. Long-term liabilities
C. Current liabilities
D. All the above
7.The process of credit Derivative involves?
A. The Protection Seller guarantees payment of principal and interest or both of the Asset owned by the Protection Buyer in case of credit default
B. The Protection Buyer pays a premium to the Protection Seller
C. Both A and B
D. None of the above
8. Which one of the following statements is incorrect?
A. Advances against gold ornaments are exempt from NPA norms
B. Classification of NPA should be done borrower wise and not facility wise
C. An NPA need not go through the various stages of classification
D. The existence of security should be ignored if the value is less than 10 per cent of the outstanding in the borrower’s account
9. Example of the product line of a Bank is?
A. Car loan
B. Personal loan
C. Home loan
D. Above all
10. Which of the following is the example of product diversification of Bank?
A. Credit Card
B. International Credit Card
C. Debit Card
D. Above all
Banking Awareness Quiz for Bank Exam: 30...
