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Quiz No.6- Banking Awareness




1. Foreign banks operating in India must give.............percent of Net Bank Credit (NBC) to Export Credit?

1) 12 
2) 25 
3)15 
4) 50 
5) 18





2. Expand DICGC?

1) Deposit insurance and credit guarantee company
2) Deposit income and credit guarantee corporation
3) Deemed insurance and credit guarantee corporation
4) Deposit insurance and credit generation corporation
5) Deposit insurance and credit guarantee corporation





3. Each depositor in a bank is insured upto a maximum of Rs. ............by the DICGC?

1) 1,000 
2) 20,000 
3) 4,00,000
4) 75,000 
5) 1,00,000





4. Which country's Central Bank recently decided to contain the rise in the value of its National Currency. This decision surprised many countries.

1) USA 
2) UK 
3) Japan
4) Australia 
5) Swedan





5. Banks to Banks issue ............?

1) Debit Card 
2) Commercial Paper
3) Cash Deposit Forms
4) Letter of Credit 
5) Gift Bond




6. ............was delegated the duty to maintain Micro-Finance Development and Equity Fund?

1) Industrial and Development Bank of India( IDBI)
2) SKS ( Swayam Krishi Sangham)
3) National Bank for Agriculture and Rural Development Bank of India (NABARD)
4) National Co-operative Tribunal (NCT)
5) All of above





7. ULIP's to be maintained by ............as per the order of Central Government?

1) IRDA 
2) RBI 
3) SEBI 
4) DOT
5) Bombay Stock Exchange





8. FCNR account means .............?

1) Foreign Currency Non-Resident Accounts
2) Foreign Coin Non-Resident Accounts
3) Foreign Currency Nominee Accounts
4) First Currency Non-Resident Accounts
5) Foreign Currency Non-Resident Assembling Accounts





9. NRE account means ............?

1) Non-Resident ( Extra ) account
2) Non-Rupee ( External ) account
3) Non-Rupee ( Emigrant ) account
4) Non-Resident ( External ) account
5) Non-Rupee ( Employee) account





10. NRO account means ............?

1) Non-Restraint Ordinary Rupee account
2) Non-Resident Ordinary Rubel account
3) Nill-Resident Ordinary Rupee account
4) Non-Resident Ordinary Rupee account
5) Non-Resident Ordeal Rupee account




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