• Banking Quiz – 13

    121 The process of Money Laundering is accomplished in three stages. Which stage takes place after the funds enter a bank?
      A) Placement Stage
      B) Integration stage
      C) Layering Stage
      D) None of These
       
    122 The main feature of current account is?
      A) High minimum balance
      B) High Interest rates
      C) No restrictions on transactions
      D) Internet banking service
       
    123 Bank assurance can be sold to?
      A) Only existing bank customers
      B) All existing and prospective bank customers
      C) Only prospective bank customers
      D) None of These
       
    124 In Banking, low EMI means?
      A) short repayment period
      B) low interest rate
      C) High interest rate
      D) high loan amount
       
    125 The Imperial Bank of India was named as the?
      A) Union Bank of India
      B) Central Bank of India
      C) State Bank of India
      D) Reserve Bank of India
       
    126 When was the New Bank of India was merged with Punjab National Bank?
      A) 1991
      B) 1993
      C) 1995
      D) 1999
       
    127 Who was the first Governor of RBI?
      A) Sir C. D. Deshmukh
      B) Sir James Braid Taylor
      C) Sir Osborne Smith
      D) Sir Benegal Rama Rau
       
    128 ‘‘Swabhimann’’ Scheme is related to?
      A) Provide basic banking services to bankless rural areas
      B) Provide banking service in Urban areas
      C) Provide cheap credit to farmers
      D) None of These
       
    129 Who was the Governor of RBI when It was nationalized in 1949?
      A) Sir C. D. Deshmukh
      B) Sir James Braid Taylor
      C) Sir Osborne Smith
      D) Sir Benegal Rama Rau
       
    130 Regarding loans, NPA stands for?
      A) Net Preforming Assets
      B) Non Preforming Assets
      C) Non Presenting Assets
      D) Non Preforming Actuals

     

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