BANKING QUIZ - 55 FOR IBPS-PO & CLERK EXAM
1. The early growth of
merchant banking in the country is assigned to the ________?
FEMA
Securities
Contracts Act
Foreign
Exchange Regulation Act, 1973
Income-tax
Act
None
of the above
2. ___________ is
calculated by taking fund’s total assets, securities, cash and any accrued earnings,
deducting the liabilities and dividing the remainder by number of units
outstanding.
Non
Performing Assets Value
Asset
Liability Management
Net
Liquid Value
Net
Asset Value
3. Which type of
banking associated with transaction held directly between customers and there
are no other transaction with another corporations and banks?
Retail
Banking
Wholesale
Banking
Merchant
Banking
Shadow
Banking
4. The full form of RBS is?
Rating
by System
Risk
Based Supervision
Role
Based Supervision
Rating
Bank Security
5. Which among the
following is the First Decentralized ledger currency?
LITECOIN
NAMECOIN
BITCOIN
PPCO
6. Which one of the
following is called as initial repayment holiday given to a borrower for
repayment of loan?
Amortization
Subvention
Moratorium
None
of the above
7. What does RBI regulate through Open Market
Operation Transactions?
Liquidity
in economy
Flow
of Foreign Direct Investment
Borrowing
powers of the banks
Inflation
8. KYC guidelines followed by the banks have
been framed on the recommendations of the?
Ministry
of Home Affairs
Reserve
Bank of India
Ministry
of Rural Development
Indian
Banks Association
Financial
Intelligence Unit
9. In order to attract
more foreign exchange the Govt of India decided to allow foreign investment in
LLP firms. What is full form of “LLP” as used in this reference?
Local
Labour Promotion
Low
Labour Projects
Limited
Loan Partnership
Limited
Liability Partnership
Longer
Liability Partnership
10. An extra tax that
may be added to the existing tax calculation is –
Service
Tax
Sales
Tax
Surcharge
All
of the above
None
of the above
Answer Key
1.C, 2.D, 3.A, 4.B, 5.C, 6.C, 7.A, 8.B, 9.D, 10.C,
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