Banking quiz : Set 14

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1). Financial instruments provide short term and they include

a) Commercial paper

b) hundies

c) certificates of deposits

d) promissory notes

e) all the above

2).Managing Director and Chief Executive Officer of Canara Bank is

a) Shri. Pradyuman Singh Rawat

b) Rakesh Sharma

c) Rajesh Sharma

d) None of these

e) Both a) and b)

3). Which among the following are the basic objectives of Securities and Exchange Board of

India?

a) Protecting the interests of investors in securities

b) Promoting the development of securities market

c) Regulating the securities market

d) All the above

e) none of the above

4). The Postal Service Board is ________ of the Department of Posts.

(a) apex management body

(b) regulatory management body 

(c) financial management body  

(d) statutory authority

(e) None of the given options is true

5). A depositor can deposit his funds in ____________any number of times he likes and can also

withdraw the same any number of times he wishes

a) Savings bank

b) current account

c) recurring deposit

d) both (a) and (b) as mentioned above

e) none of the above

6). Banks borrow in this money market for the following purposes:

a) To fill the gaps in temporary mismatches in funds

b) To meet the cash reserve ratio and statutory reserve ratio – the mandatory

requirements as stipulated by RBI

c) To meet sudden demand for funds arising out of larger outflows

d) All the above

e) none of the above

7). When it comes to unorganized sector, which among the following is not true?

a) Indigenous bankers

b) money lenders

c) chit funds

d) nidhis

e) cooperative bank

8).Disha Microfin and________, merged expecting the combination to help them launch a

stronger small finance bank.

a) Muthoot Finance

b) Bajaj Finance

c) Future Financial Services

d) All of the above

e) None of these

9). Banks borrow in this money market for the following purposes:

a) To fill the gaps in temporary mismatches in funds

b) To meet the cash reserve ratio and statutory reserve ratio – the mandatory

requirements as stipulated by RBI

c) To meet sudden demand for funds arising out of larger outflows

d) All the above

e) none of the above

10).Which bank launched skill development mission initiated by the Centre to train millions of

youths and make India a hub for skilled workforce?

a) Federal Bank

b) SBI

c) Yes Bank

d) ICICI Bank

e) None of these

Answers:

1). e) 

2).b) 

3). d) 

4). a)

5). d)

6).  d) 

7). e) 

8).c) 

9). d) 

10).a)