Banking and Insurance (Part 2)

22 Feb 2015

(11) Among the following tax revenues of the Union\r\nGovernment, which is the biggest source:

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 (1) Income Tax

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 (2) Corporation Tax

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 (3) Central Excise

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 (4) Customs Duty

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 (5) none of above

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(12) The number of women entrepreneurs in\r\nsmall scale industrial region is highest in the state of?

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 (1) Karnataka

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 (2) Kerala

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 (3) Maharashtra

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 (4) Tamil Nadu

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 (5) None of the above

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(13) The debit balance in nominal account\r\nshows

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 (1) Expenses

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 (2) Gains

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 (3) Assets

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 (4) Liabilities

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 (5) None of the above

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(14) “Yen” is the currency of

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 (1) China

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 (2) Japan

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 (3) Italy

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 (4) South Korea

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 (5) none of above

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(15) Bad loans in banking terminology are generally known as

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 (1) BPOs

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 (2) Prime Asset

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 (3) NPAs

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 (4) CBS

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 (5) none of above

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(16) DFIs are the second largest issuer of ________ after the\r\nGovt and Sovereign bodies.

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 (1) Debt instruments

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 (2) Credit instruments

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 (3) Bill of \r\n  Credit

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 (4) (1)&(2) are true

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 (5) (1),(2)&(3) are true

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(17) Financial markets are the centres that provide facilities\r\nfor buying and selling of ________.

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 (1) Financial claims and

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 (2) services

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 (3) Products

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 (4) (1) & (2) are true

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  (5)\r\n(1), (2) & (3) are true

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(18) “The Doing Business Report” is prepared by which\r\nof the following organizations every year?

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 (1) World Bank

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 (2) Asian Development Bank (ADB)

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 (3) International Monetary Fund (IMF)

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 (4) World Trade Organization(WTO)

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 (5) none of above

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(19) Which of the following is not a banking related\r\nterm?

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 (1) SME Finance

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 (2) Equinox

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 (3) Overdraft

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 (4) Sanctioning Authority

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 (5) none of above

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(20) Which among the following is the\r\nfirst commercial bank of limited liability managed by Indians ?

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 (1) Punjab National Bank

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 (2) Oudh Commercial\r\nBank

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 (3) Imperial Bank of India

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 (4) Bank of Baroda

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 (5) None of the above

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Answers : (11) 3 (12)\r\n4 (13) 1 (14) 2 (15) 3 (16) 1 (17) 4 (18) 1 (19) 2 (20) 2

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Banking Awareness