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Banking Awareness Revision Test| 26.08.2018

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Question 1

NPL is a sum of borrowed money upon which the debtor has not made scheduled payments for a specified period of time. what does  NPL stand for?

Question 2

How many remittances can be received by an individual beneficiary under the MTSS during a year?

Question 3

What is the full form of UPI?

Question 4

Which of the following financial institution has launched the South East Asia’s first-ever Centre for Climate Change (CCC) in Lucknow?

Question 5

Which of the following banks has received a final approval from the capital markets regulator SEBI (Securities & Exchange Board of India) to start a 'mutual fund business'?

Question 6

‘FRBM’ Act was enacted in 2003 which set targets for the government to reduce fiscal deficits. In ‘FRBM’, ‘B’ stands for?

Question 7

ANBC is investments made by banks in non-SLR bonds held in the held-to-maturity category or credit equivalent amount of off-balance-sheet exposure, whichever is higher. Here 'ANBC' stands for ____.

Question 8

Which of the following Securities Laws does not govern the capital market?

Question 9

SARFAESI Act is an Indian law. It allows banks and other financial institutions to auction residential or commercial properties to recover loans. In SARFAESI, E stands for-

Question 10

Many times we read in financial newspapers/magazines about Systematic Investment Plans (SIPs). SIPs is related to ____.

Question 11

Which committee recommended the Reserve Bank of India (RBI) to set up Public Credit Registry (PCR) to check loan defaults?

Question 12

Which of the following is not a component of a Financial System?

Question 13

A scheme that invests in the other scheme of same Mutual Fund or other Mutual Funds instead of investing in securities is called:

Question 14

PCA is a framework which is imposed by the Reserve Bank of India on banks with a higher percentage of Non Performing Assets. What does P stand for in 'PCA'?

Question 15

Which of the following banks are not headquartered in Kolkata?
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