Thursday, 22 August 2013

Banking Quiz

Expand HNI?
a)High Network Individuals. These are the customers who are profitable to the bank

Expand CBS?
a)Core Banking Solutions. Core banking is done by this

Expand LAS?
a)Loan Against Security. It is the way by which banks are giving loans cosidering the shares with the customer

Expand LAP?
a)Loan Against Property

What is also known as plastic money?
a)ATM Debit Card

What is the maximum which can be deposited into the your bank account through ATM?
a)Rs.40000 or 40 notes

Expand CTS?
a)Cheque Trangation System

A money deposited at a bank that cannot be withdrawn for a present fixed period of times is known as ________?
a)Term Deposits

The term 'Smart Money' refers to what?
a)Credit Cards

Bank advances of a bank are called ________?
a)Non Performing Asset

Axis is a ________ type of bank?
a)Private Sector Bank

RBI has decided to allow common ATM's that will be owned and managed by non banking institutions. Such ATM's are known as ______?
a)White label ATM's

Expand NEFT?
a)National Electronic Fund Transfer system

What is 'Cross selling' by banks?
a)Sale of insurance policy to a depositor

Who is the largest shareholder of a nationalised bank?
a)Govt. of India

Which is the a form of "Small savings Banks" popular among the poor or the children?
a)Piggy banking

What is Repo rate?
a)It is the rate at which RBI sell Govt. securities to banks

The maximum amount of the total revenue earned by the govt of India comes from?
a)Excise duty

Expand SLR?
a)Statutory Liquidity Ratio

Currency Swap is an instrument to manage______?
a)Cash flows in different currencies

Inflation in India is measured on which of the following indexes?
a)Wholesale price index


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