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Banking Awareness Quiz

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1. It gives the right to retain possession only of goods in respect of which the dues have arisen and not for other dues.
A. General Lien
B. Particular Lien
C. Specic Lien
D. None of these

2. ___________ can purchase immovable property in India.
C. Both A & B
D. None of these

3. NBFCs whose asset size is of __________ or more as per last audited balance sheet are
considered as systemically important NBFCs.
A. Rs.500 Crore
B. Rs.100 Crore
C. Rs.400 Crore
D. Rs.200 Crore

4. CSGL account stands for
A. Connected Subsidiary General Ledger account
B. Corelated Sub General Ledger account
C. Composite Subsidiary General Ledger account
D. Constituents’ Subsidiary General Ledger account

5. Bond Ledger Account(BLA) means an account with RBI or an agency bank in which the
Government securities are held in a __________ form to the credit of the holder.
A. materialzied
B. dematerialized
C. balanced
D. None of these

6. ATS stands for _________.
A. Applied Tracking System
B. Application Transferring System
C. Application Tracking System
D. Asynchronous Tracking System

7. Who decided the limits on cash withdrawal at ATMs and for purchase of goods and
A. Issuer Bank
C. Government

8. What is the option for a card holder if his complaint is not redressed by the issuer bank
within a maximum period of thirty days from the date of his lodging the complaint?
A. Approach RBI Governor
B. Approach Banking Ombudsman
C. Approach Branch Manager
D. Approach Executive Director

9. The type of cards that can be used at an ATM/WLA ___________.
A. Credit Cards
B. Pre-paid Cards
C. Debit Cards
D. All of these

10. An Individual can have _____ number of ‘Basic Savings Bank Deposit Account’ in one bank?
A. One
B. Two
C. Four
D. Any


1)B. Particular Lien
2)C. Both A & B
3)A. Rs.500 Crore
4)D. Constituents’ Subsidiary General Ledger account
5)B. dematerialized
6)C. Application Tracking System
7)A. Issuer Bank
8)B. Approach Banking Ombudsman
9)D. All of these
10)A. One

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