Banking Quiz:Part 1 [Banking]

Banking Quiz:Part 1

Q1.Which is the biggest international financial centre in the world?
A.London
B.Geneva
C.Frankfurt
D.New York

Q2.Which among the following certainly is an effort in the direction of Financial Inclusion?
A.Foreign Currency Accounts
B.Non-Frills Accounts
C.Anywhere Banking
D.Internet Banking

Q3.In which year Differential rate of Interest Scheme was introduced?
A.1977
B.1973
C.1972
D.1975

Q4.What is the proportion of Non - Banking financial companies assets in the total assets of the financial systems?
A.11 percent
B.14 percent
C.12 percent
D.13 percent

Q5.Which of the following is the largest financial conglomerate of India?
A.SBI
B.IFCI
C.ICICI Bank
D.HDFC Bank

Q6.What is the banking term of "transfer of a loan from one party to another"?
A.Amortization
B.Acquisition
C.Arbitrage
D.Assignment

Q7.What is Invoice?
A.Commercial document
B.Commercial document
C.Legal document
D.All of the above

Q8 In which year RBI has introduced Banking Ombudsman scheme ?
A.1997
B.1996
C.1998
D.1995

Q9.When Dena bank was established?

A.July 19th, 1965
B.July 19th, 1970
C.July 19th, 1967
D.July 19th, 1969

Q10.What is Hypothecation?
A.A legal transaction whereby goods may be made available as security for a debt
B.Transfer of ownership by the borrower to the lender
C.A transaction of conditional sale
D.Either a or b