Banking And Financial Awareness Quiz : Part - 12

1. Banks are authorized to sell third party products. Which are these products?

a. Mutual funds

b. Term deposits

c. Credit cards

d. Gift cheques

a. Payment through international debit cards

b. Purchase of foreign currency

c. Negotiating inland bills of exchange

d. All the above

a. They have to deposit additional money with RBI as reserve money

b. Banks are required to increase their lending to the priority sector

c. Banks also increase their lending and deposit rates

d. All the above

a. Trade finance

b. Investment banking

c. Priority sector loaning

d. Financial inclusion

a. DICGC
b. NABARD
c. SIDBI

d. National Housing Bank

a. Shiksha sevaks

b. Self help groups

c. Link workers

d. Chit fund members

a. Rate of interest charges by banks from borrowers

b. Rate of interest on bank deposits

c. Rate of interest charged by RBI on its loans to banks

d. Rate of interest on inter bank loans

a. Increase in the balance of payments deficit in India

b. Reduces the balance of payments deficit in India

c. Has on effect on the balance of payments position

d. None of the above

a. Software exports

b. Small business loans

c. Education loans

d. Small industries loan

a. Cash reserve ratio

b. Open market operations

c. Credit deposit ratio

d. Bank rate policy

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