BANKING QUIZ PART -20 [For BANK & INSURANCE EXAMS]

BANKING QUIZ PART #20

Q1.What does the letter "S" denote in the term IFSC ?
A. State
B. Source
C. System
D. None of these



Q2.Which of the following can be obtained only from a bank ?
A.demand draft
B.Postal stamps
C.Judicial stamp papers
D.All of these


Q3.Fixed deposit can be issued for a minimum period of
A.7 days
B.15 days
C.30 days
D.45 days


Q4.The price of which of the following is decided by the member countries of OPEC ?
A.Crude oil
B.silver
C.Gold
D.All of these


Q5.the first deposit in the newly opened account cannotbe made through which of the following means ?
A.Cash
B.bank draft
C.NEFT
D.None of these


Q6.Which of the following is not a banking term ?
A.RTGS
B.Check out
C.Swap
D.Credit flow


Q7.Headquarters of RBI are located in
A.Mumbai
B.Kolkata
C.Chennai
D.Delhi


Q8.Banks borrow money from the RBI at which of the following rates ?
A.CRR
B.SLR
C.Repo rate
D.Base rate


Q9.An asset would be classified as doubtful if it has remained in the substandard category for a period of
A.6 months
B.9 months
C.12 months
D.24 months


Q10.What is the upper limit for RTGS transactions ?
A.5 lakh
B.10 lakh
C.50 thousand
D.No upper limit