Banking and Financial Awareness Quiz-13

Name the chairman and headquarter of Bharatiya Mahila Bank (BMB) –

Which of the followings are Development Banks of India –

Which of the following bank is generally not considered as Commercial bank?

Which one of the following rates is not decided by RBI?

Which bank first introduced Automated Teller Machine (ATM) in India (1987)?

Which bank is the first Cooperative Bank of India (also in Asia)?

Which bank was merged with Punjab National Bank in 1993?

Which of the following is not a member organization of World Bank Group (WBG)?

Net Asset Value (NAV) / bid value is –

Capital Assets are –

Which of the followings are assets of banks?
i. Loans and Advances
ii. Bank Reserves
iii. Deposits of Customers
iv. Investments of Banks
v. External Commercial Borrowings (ECB)
vi. Certificate of Deposits (CD)

Choose the correct option regarding Secondary Functions of Banks –
i. Accepting Deposits
ii. Advancing of Loans
iii. Overdraft Facility (OD)
iv. Discounting Bills of Exchange
v. Agency Functions – like Remittances (fund transfer), Collection and payment of various
items, Purchase and Sale of Foreign exchange, Purchase and sale of Securities, Income Tax consultancy, Trustee and Executor, Letter of reference, etc.
vi. General Utility Functions – Locker facility, Travellers’ Cheques, Letter of Credit, Underwriting Securities, Collection of Statistics, etc.
Which of the above is/are Secondary Function of Banks?

NBFCs are registered under which Act?

Choose the correct option from the followings –
i. NBFCs cannot accept demand deposits from public
ii. NBFCs are part of the Payments and Settlement System
iii. NBFCs cannot issue cheques drawn on itself
iv. Deposits in NBFCs are insured by DICGC

What is the maximum amount that can be used in Open-System Prepaid Cards?

ATMs set up and owned by a Service provider, but cash management and connectivity is provided by a sponsor banks are known as –

ATMs set up, owned and operated by non-bank entities (e.g., NBFC) are known as –