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1. Export of services like shipping and insurance which can earn foreign exchange without the
transfer of goods from one country to another is known as
A. Invisible Export
B. Visible Export
C. Open export
D. Closed export

2. By opening and investing in the Tax Saver Deposit Account Scheme in a bank, a customer
would get benet under___________
A. Excise Duty
B. Customs Duty
C. Sales Tax
D. Income Tax

3. This organisation is made for empowering Micro, Small and Medium enterprises in India?

4. Bancassurance can be sold to
A. Insurance Agents
B. Insurance companies
C. Banks
D. All existing and prospective bank customers

5. Savings account with zero balance can be opened for
A. Students
C. With respect to Bank’s policies
D. Under Financial Inclusion scheme

6. This is the amount of capital a bank or other nancial institution has to hold as required by its financial regulator.
D. None of these

7. The cheque having a date subsequent to the date on which it is drawn is known as
A. Post-dated cheque
B. Pre-dated cheque
C. Stale Cheque
D. Anti-dated cheque

8. These are nancial instruments used by the investors that are not registered with the SEBI to
invest in Indian securities.
A. Participatory notes
B. Promissory Notes
C. Treasury Bills
D. None of these

9. It is the extension of very small loans to the unemployed, to poor entrepreneurs and to others living in poverty who are not considered bankable.
A. Macro Credit
B. Medium Credit
C. Micro Credit
D. None of these

10. These are the lowest risk category instruments for the short term. RBI issues them at a
prexed day and for a xed amount.
A. Commercial Bills
B. Certicate of deposits
C. Letter of Credit
D. Treasury Bills


1)A. Invisible Export
2)D. Income Tax
4)D. All existing and prospective bank customers
5)D. Under Financial Inclusion scheme
6)B. CAR
7)A. Post-dated cheque
8)A. Participatory notes
9)C. Micro Credit
10)D. Treasury Bills

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