• Banking Quiz – 9

    81 Which in the list is India’s main export finance entity?
    A) NABARD
    B) Exim Bank
    C) IFCI
    D) SIDBI
    82 In which year 14 major banks were nationalized?
    A) 1955
    B) 1949
    C) 1959
    D) 1969
    83 Which is the best way to increase liquidity in the financial system?
    A) Increase CRR
    B) Decrease CRR
    C) Increase SLR
    D) Decrease Reverse Repo rate
    84 Transfer on existing loan between two parties is termed as?
    A) Arbitrage
    B) Transfer Payment
    C) Assignment
    D) Amortization
    85 In UK, which bank installed ATM for the first time?
    A) Royal Bank of Scotland
    B) Standard Chartered Bank
    C) Barclays Bank
    D) None of These
    86 In US, which act allowed  commercial banks, investment banks, securities firms, and insurance companies to consolidate?
    A) Fair and Accurate Credit Transactions Act
    B) Sarbanes–Oxley Act
    C) Gramm–Leach–Bliley Act
    D) Glass–Steagall Act
    87 In US, which act allowed  establishment of the Federal Deposit Insurance Corporation (FDIC) and imposed banking reforms?
    A) Fair and Accurate Credit Transactions Act
    B) Sarbanes–Oxley Act
    C) Gramm–Leach–Bliley Act
    D) Glass–Steagall Act
    88 Mezzanine financing is?
    A) Hybrid of debt and equity financing
    B) Used to finance expansion of existing companies
    C) Generally not Collateralized
    D) All of the above
    89 Cash Management service offered to large retailers with huge amount of daily cash collections is?
    A) Balance Reporting services
    B) Armored Car services
    C) Cash Concentration services
    D) Lockbox services
    90 An electronic system services used to transfer funds between banks offered as a part of cash management?
    A) Automatic clearing house
    B) Automated clearing house
    C) Automated cashing house
    D) Automation clearing house

     

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