• Banking Awareness Quiz -74

    731 Expand CDR as used in banking sector?
      A) Credit Debt Repayment
      B) Credit Debt Review
      C) Corporate Debt Review
      D) Corporate Debt Restructuring
       
    732 The rate at which banks lend their surplus funds to RBI is called?
      A) Bank Rate
      B) Repo Rate
      C) CRR
      D) Reverse Repo Rate
       
    733 “Carbon Credit” is concerned with which of the following issues?
      A) Urban infrastructure
      B) Rural infrastructure
      C) Environment protection
      D) Soil erosion protection
       
    734 What is money laundering?
      A) Conversion of illegally obtained money into accou-ntable money
      B) Conversion of gold into cash
      C) Conversion of illegal assets into cash
      D) None of These
       
    735 What is the full form of ‘CEPA’?
      A) Complete Economic Preference Agreement
      B) Cultural and Economic Partnership Accord
      C) Comprehensive Economic Partnership Agreement
      D) Complete Economic Partnership Accord
       
    736 What is the full form of BIFR?
      A) Board for Investigation and Formal Reconstruction
      B) Board for Industrial and Financial Reconstruction
      C) Bureau for Industrial and Financial Rehabilitation
      D) Board for Institutional Finance and Rehabilitation
       
    737 An excess of expenditures over revenues is called?
      A) Depreciation
      B) Budget deficit
      C) Deflation
      D) Balance of Payment
       
    738 What is Bancassurance?
      A) An insurance scheme for all bank employees
      B) Sale of insurance products through a bank
      C) An insurance scheme to insure bank deposits
      D) A bank deposit scheme for employees of insurance companies
       
    739 Which Act was framed to deal more effectively with the problem of Non Performing Assets (NPAs) in banking system?
      A) Banking Regulation Act
      B) RBI Act
      C) FEMA
      D) SARFAESI Act
       
    740 Which of the following provides a network that enables financial institutions worldwide to exchange messages about financial transactions in a secure and reliable environment?
      A) NEFT
      B) RTGS
      C) CHAPS
      D) SWIFT

     

    Check below for answers…..

     

     

     

     

     

     

     

     

     

     

     

    Answers:

    731 Ans) Corporate Debt Restructuring
    732 Ans) Reverse Repo Rate
    733 Ans) Environment protection
    734 Ans) Conversion of illegally obtained money into accou-ntable money
    735 Ans) Comprehensive Economic Partnership Agreement
    736 Ans) Board for Industrial and Financial Reconstruction
    737 Ans) Budget deficit
    738 Ans) Sale of insurance products through a bank
    739 Ans) SARFAESI Act
    740 Ans) SWIFT
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