• Banking Quiz – 18

    171 As per Nayak Committee recommendation, Quantum of Working Capital bank financing will be ____ of the projected annual turnover?
      A) 10%
      B) 15%
      C) 20%
      D) 25%
       
    172 Name the public sector lender that selected Metlife as its partner for a proposed foray into the life insurance segment.
      A) State Bank of India
      B) Punjab National Bank
      C) Central Bank of India
      D) Bank of Baroda
       
    173 What is the full form of CTS?
      A)
      B)
      C) Cheque Truncation System
      D)
       
    174 Which of the following is not known as Plastic Money?
      A) Gift Card
      B) Credit Card
      C) Debit Card
      D) Demand Draft
       
    175 ASBA is a process developed by the Securities and Exchange Board Of India (SEBI) for applying to IPO. In ASBA, an IPO applicant’s account doesn’t get debited until shares are alloted to them. What is full form of ASBA?
      A)
      B)
      C) Application Supported by Blocked Amount
      D)
       
    176 Indian Banks Association (IBA) was formed in which year?
      A) 1945
      B) 1946
      C) 1969
      D) 1949
       
    177 National Institute of Bank Management (NIBM) was established in ____ by the Reserve Bank of India?
      A) 1954
      B) 1972
      C) 1969
      D) 1949
       
    178 When a ban returns a cheque unpaid, it is called as?
      A) Non-Payment of the cheque
      B) Cancellation of the cheque
      C) Dishonour of the cheque
      D) None of These
       
    179 When the loan is granted by a bank to purchase Electronic goods, it is termed as?
      A) White Goods Loan
      B) Black Goods Loan
      C) E-Goods Loan
      D) None of These
       
    180 Which panel was appointed to provide more recommendation on GAAR?
      A) Basu Panel
      B) Narashima Panel
      C) Rangarajan Panel
      D) Shome Panel

     

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