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26
Apr

Banking awareness Test05

Written by Administrator on 26 April 2013.

Test
1. What do you understand by F in the term NEFT?
A) Fine
B) Fund
C) Flow
D) Fundamental

2. Axis Bank is a ____________ ?
A) Public Sector Bank
B) Private Sector Bank
C) Co-operative Bank
D) Foreign Bank

3. Which of the following is NOT a function of the Reserve Bank of India (RBI) ?
A) Issuance, Exchange and Destruction of Currency Notes
B) Exchange Control Functions
C) Fiscal Policy Functions
D) Monetary Authority Functions

4. In finance, an _________ is a derivative which has features making it more complex than commonly traded products.
A) Exotic Option
B) Audit
C) Employment Contract
D) International Financial Reporting Standards

5. What does the letter F denote in 'NBFCs', a term seen very frequently in banking world these days?
A) Fiscal
B) Federal
C) Functional
D) Financial

6. A worldwide financial messaging network which exchanges messages between banks and financial institutions is known as
A) CHAPS
B) SWIFT
C) NEFT
D) SFMS

7. A ________ participates in many kinds of banking activities and is both a commercial bank and an investment bank.
A) Universal Bank
B) Postal Savings System
C) Transactional Account
D) Wire Transfer

8. _________ is done directly between two parties, without any supervision of an exchange.
A) Over-the-Counter
B) Real Estate
C) Spot Market
D) Equity Market

9. Which one of the following is the foreign private bank in India?
A) HDFC
B) ICICI
C) SBI
D) Citibank

10. _________ is the area of finance dealing with monetary decisions that business enterprises make and the tools and analysis used to make these decisions.
A) Corporate Finance
B) Financial Market
C) Personal Finance
D) Financial Regulation

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