Banking Awareness Quiz 2015 - Set 9

Hello and welcome to ExamPundit. Here is a set of Banking Awareness Quiz for Bank exams in 2015.

1. When a banker talks about CDR, what is he talking about?
(a) Corporate debt Rollover
(b) Company Debt Rollover
(c) Corporate Deposit Restructuring
(d) Corporate Debt Restructuring
(e) None of these

2. Crossing on a cheque can be cancelled by the _____________ of the cheque, under his full signature?
(a) Holder
(b) Payee
(c) drawer
(d) drawee
(e) None of these

3. Distribution of Insurance products and Insurance policies by Banks as corporate agents is known as-
(a) Bancassurance
(b) Insurance Banking
(c) Deposit Insurance
(d) General Insurance
(e) None of these

4. Financial institutions -
(a) Promote savings
(b) Mobilize savings
(c) Allocate savings among different users
(d) All of the above
(e) None of these

5. With respect to the procedure of Budget in the parliament, "the amount of demand is reduced to Rs. 1" is called-
(a) Economy cut-motion
(b) Basic cut-Motion
(c) Policy cut-Motion
(d) Token cut-Motion
(e) None of these

6. Which of the following is a characteristic of a capital market instrument?
(a) Liquidity premium
(b) Liquidity
(c) Market ability
(d) All of the above
(e) None of these

7. BCSBI stands for-
(a) Banking credit and standards Board of India
(b) Banking codes and standards Board of India
(c) Banking codes and service Board of India
(d) Banking credit and service Board of India
(e) None of these

8. The funds raised by the Government within the country is known as-
(a) Domestic saving source
(b) domestic banking source
(c) Domestic budgetary source
(d) Domestic budgetary resources
(e) None of these

9. Which revenue earned by union Government is not distributed among state government.
(a) Custom duty
(b) Income Tax
(c) Excise Duty
(d) sale tax
(e) None of these

10. The break-even point is where-
(a) Average revenue equals average cost
(b) Marginal revenue equals marginal cost
(c) Total Revenue equals total cost
(d) Marginal revenue equals total cost
(e) None of these


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