Banking Awareness Quiz 7

Banking Awareness Quiz 7

1)

The important condition for granting license of banking companies is .......

A) Banking company need not plan to pay for future depositors
B) Banking company can plan for its capital structure once the license is granted
C) The business undertaken by the banking company should not frustrate the interest of public
D) The banking company can undertake business other than banking with the permission of annual general body

2)

Which of the following statements is true ?

A) The license to open branches of bank is granted by Board of Directors of that Bank
B) There is no need of licenses to open branch of a bank
C) A license to open a branch is issued by the Central Government
D) A license to open a branch is issued by the Reserve Bank of India under the provisions of Banking Regulation Act, 1949

3)

Which of the following is not shown as an asset in the balance sheet of a Bank ?

A) Borrowings
B) Cash balances with other banks
C) Advances
D) Investments

4)

Who of the following is not a party to the IPO ?

A) Registrar of Companies
B) Advertisement Agency
C) Investment Banker
D) Registrar of Issue

5)

The credit policy of a bank does not consist of ......

A) Lending policies
B) Quality control
C) Loan product mix
D) advertising of loan products

6)

Which of the following is not the service provided by the Small Industries Service Institute ?

A) Providing entrepreneurship development programs
B) Developmental efforts
C) Export promotion and liaison activities
D) Financial support

7)

Which of the following is the parameter to recognize the SSI unit as sick unit ?

A) The erosion in the net-worth due to accumulated losses is up to 25% of its net worth during the previous account year
B) The erosion in the net-worth due to accumulated losses is up to 50% of its net worth during the previous account year.
C) The unit should have been in commercial production for at least five years
D) Lack of updating in technological development

8)

Service Area Approach (SAA) is associated with .....

A) Rural and Semi-urban branches of commercial banks
B) Urban branches of commercial banks
C) Branches of commercial banks situated in metro cities
D) Development banks

9)

Which of the following cannot be securitized ?

A) Future rentals of a fishing boat
B) Demand drafts received by the banker during clearing
C) Hire purchase receivables
D) Future billings for an airline

10)

Sukhi Griha Parika.alpana is the housing welfare scheme for rehabilitation of slum dwellers launched by which central government ministry ?

A) Railways
B) Rural development
C) Urban development
D) Labour & employment