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Quiz on Financial Awareness

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Question 1

Which of the following is not correct regarding ‘cheque’ in banking?

Question 2

What is the maximum period for which domestic term deposits are normally accepted by banks in our country?

Question 3

What is Indian Depository receipt?

Question 4

Which of the following finance company has tied up with The Ratnakar Bank limited to launch a series of co-branded credit cards for Indian customers?

Question 5

RBI proposed a new methodology, Marginal cost of funds-based lending rates (MCLR), to calculate Base Rate. It came into effect on ___. 

Question 6

What are the functions of RBI?
(1). Issue of currency
(2). Banker and Debt managing for government
(3). Loan providing to the companies
(4). Regulating the banking System

Question 7

What is the maximum age of a girl for opening an account under the Sukanya Samriddhi Yojana scheme?

Question 8

Who introduced the first white label ATM in India?

Question 9

According to UN report, India’s growth will remain at ________ in 2017.

Question 10

What is Repo Rate?
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Nov 18PO, Clerk, SO, Insurance