BANKING QUIZ PART -31 [For BANKS & INSURANCE EXAMS]

BANKING QUIZ PART -31

Q1. ____________________is determined by Reserve Bank of India maintained by banks in order to control the expansion of bank credit. ?
A. CRR
B. SLR
C. CRAR
D. MSF



Q2.______________is a funds transfer systems where transfer of money takes place from one bank to another on a "real time" and on "gross" basis ?
A. RTGS
B. NEFT
C. ECS
D. EFT


Q3.In terms of finance BPSS stands for ?
A. Board of Regulation for Payment and Settlement Systems
B. Board for Regulation and Supervision of Payment and Settlement Systems
C. Board of Payment and Settlement Systems
D. Bureau of Payment and Settlement Systems


Q4.FCCB stands for ?
A. Foreign Currency Conservative Bonds
B. Foreign exchange Convertible Bonds
C. Forex Currency Convertible Bonds
D. Foreign Currency Convertible Bonds


Q5. “Your perfect banking partner” is the tagline of?
A. Karnataka Bank
B. Federal Bank
C. IndusInd Bank
D. Kotak Mahindra Bank


Q6. Banker’s right of set off can be  exercised in case of ?
A. Insolvency
B. Lunacy of the borrower
C. Death of the borrower
D. All of the above


Q7.Which of the following banks introduced the Cheque first  in India by ?
A. Bank of Hindustan
B. State Bank of India
C. Bank of India
D. Punjab National Bank


Q8. ________________ is a secondary function of commercial banks in India? 
A. Overdraft facilities
B. Discounting Bills of Exchange
C. Money at Call
D. Purchase and Sale of Securities


Q9. Who among the following was never the Governor of Reserve Bank of India?
A. Osborne Smith
B. James Braid Taylor
C. C.D. Deshmukh
D. Montek Singh Ahluwalia


Q10._______________ is an intergovernmental economic organisation with 35 member countries, founded in 1960 to stimulate economic progress and world trade?
A. Organisation for Economic Co-operation and Development (OECD)
B. Organisation for European Economic Co-operation (OEEC)
C. Committee of European Economic Co-operation
D. European Economic Community