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Banking Awareness Quiz

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1. Which of the following can be called as ‘National Income’?
(a) Net National Income at factor cost
(b) Gross National Income at factor cost
(c) Net Domestic Product at factor cost
(d) Gross Domestic Product at factor cost
(e) None of these

2. What is ‘STT’?
(a) Standard Transaction Tax
(b) Securities transaction tax
(c) Securities transfer tax
(d) Standard transfer tax
(e) None of these

3. Which of the followings can be used for Current Account Decit fnancing?
(a) FII only
(b) FDI only
(c) ECB only
(d) Both FII and FDI only
(e) All FII, FDI and ECB

4. Expand FIPP –
(a) Foreign Investment Promotion Brochure
(b) Foreign Investment Production Board
(c) Foreign Investment Promotion Board
(d) Foreign Direct Investment Promotion Board
(e) None of these

5. Bureau of Indian Standards (BIS) has its headquarters in
(a) Mumbai
(b) Kolkata
(c) Bhubaneswar
(d) New Delhi
(e) None of these

6. Who regulates chit funds in India?
(a) Government of India
(b) State Governments
(c) Not regulated at all
(d) Concerned Districts
(e) None of these

7. If the Statuary Liquidity Ratio (SLR) is increased, what will be the eect on Bank’s credit situation?
(a) It will be reduced
(b) It will be increased
(c) It will remain unaected
(d) None of these

8. You might have heard about PMI data. What is PMI?
(a) Prudential Managers Index
(b) Purchasing Managers Indian
(c) Purchasing Managers Index
(d) Prudential Managers Indian
(e) None of these

9. Banking sector comes under which sector?
(a) Services sector
(b) Manufacturing sector
(c) Realty sector
(d) Industrial sector
(e) None of these

10. Which of the following agreement/accord is related to baking reforms?
(a) Vienna agreement
(b) Basel accord
(c) Nagoya Protocol
(d) Cartagena Protocol
(e) None of these

 

ANSWER:-

1)(a) Net National Income at factor cost
2)(b) Securities transaction tax
3)(e) All FII, FDI and ECB
4)(c) Foreign Investment Promotion Board
5)(d) New Delhi
6)(b) State Governments
7)(a) It will be reduced
8)(c) Purchasing Managers Index
9)(a) Services sector
10)(b) Basel accord

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