1. Liquid assets means?
(a) Cash only
(b) Cash and Debtors
(c) Cash and Debtors (except bad debts)
(d) Cash and Debtors (except bad debts) and Marketable Securities
2. Many a time we read about Rural Indebtedness in various newspapers/magazines. What are the main causes of the rural indebtedness?
I.Poverty
II.Inability to repay the loans
III. Zamindari System which prevents farmers to own the land
(a) Only I
(b) Only II
(c) Both I and II
(d) All of the above
3. The process of the total valuation of the financial capital assets of a country is technically known as?
(a) Market Capitalization
(b) Gross Domestic Product
(c) Net wealth of the country
(d) Gross Domestic Resources
4. Which of the following is NOT the part of the organized sector in Indian Money Market?
(a) Mutual Funds
(b) Non-Banking Financial Companies
(c) Unit Trust of India
(d) Chit funds
5. The term “dormant accounts” means?
(a) Accounts showing an average balance of less than Rs. 100 during a half year
(b) Accounts which remains inoperative for an extended period of time
(c) Accounts which have been blocked under the exchange control regulations
(d) Loan/cash credit/overdraft accounts which are considered irrecoverable
6. The set of directive principles issued by the Central Bank of country or the process adopted by it to control the supply of money, availability of money, cost of money and rate of interest, etc. in order to bring stability and growth of the economy” are commonly known as?
(a) Monetary policy of the Central Bank of the country
(b) Budget of the Govt.
(c) Profit & Loss Account
(d) Business Policy of the Bank
7. Many banks have launched/fllated their subsidiaries which are fully owned by them. Banks launch subsidiaries normally for which of the following business?
I.Home Loan Business
II.To sell Insurance Policies
III.To control Online Operations or Internet Banking business
(a)Only I
(b) Only II
(c) Only III
(d) All of the above
8. The term “hyper-inflation” is used to denote?
(a) a situation with moderate rise in price level
(b) an inflationary situation where the external forces are the primary contributing factors
(c) a “runway” or “galloping” inflationary situation where the monetary unit becomes almost worthless
(d) a situation where the cost of living index is rising alarmingly
9. The term “hyper-employment” means?
(a) a situation where machines are used to intensify utilisation of labour
(b) a situation where plant is used without any rest
(c) a situation where the demand for labour far exceeds its supply
(d) a situation where machines are substituted for labour
10. Many a time we read in the newspapers that RBI has changed or revised a particular ratio/rate by a few basis points. What is one basis point?
(a) Ten per cent of one hundredth point
(b) 1/100th of 1%
(c) One hundredth of 10%
(d) Ten per cent of 1000
Banking Awareness Quiz for Bank Exam: 30...
