Banking Fundamentals and Financial Institutions
Test your knowledge of banking fundamentals including RBI operations, payment systems, central banks, international financial institutions, money laundering prevention, and various banking concepts and regulations
Questions
Which of the following is called paper gold?
- Euro dollars
- Special drawing rights
- Global depository receipts
- Petro dollars
- None of the above
Where does RBI mint coins?
- Mumbai
- Alipore
- Noida
- Cherlapalli
- All of the above
Which of the following institutes is a fully owned subsidiary of RBI?
- NABARD
- NHB
- SIDBI
- IDBI
- SBI
NPCI has launched a mobile based payment facility. This is called __________.
- IMPS
- NEFT
- RTGS
- USSD
- Instant pay
Which of the following helps in prevention of money laundering?
- World Bank
- IMF
- FATF
- RBI
- All of the above
The central bank of _________ has the largest foreign reserves in the world.
- China
- Saudi Arabia
- Euro zone
- Japan
- USA
When a consumer durable item is financed by bank, what kind of charge does the bank have over the primary security?
- Pledge
- Hypothecation
- Assignment
- Lien
- Loan
The headquarters of Asian Development Bank are in
- Manila
- Geneva
- Vienna
- Rome
- Berne
Who took over as the new Chairman and Managing Director (CMD) of Allahabad Bank?
- Rakesh Sethi
- Chanda Kochchar
- C.V. Rajendran
- V.R. Iyer
- R. K. Dubey
Ramesh Abhishek is the chairman of ______________.
- FMC
- CCI
- SEBI
- CII
- IRDA
Which bank sold its stake in CIBIL to TII?
- Central Bank of India
- Bank of Baroda
- Bank of India
- State Bank of India
- Canara Bank
Which of the following institutions is responsible for finalizing the interest rates and credit policy of the Euro zone?
- ECB
- Bundes Bank
- Federal Reserve
- Bank of England
- RBI
A bank which acts as a banker to other banks is known as ___________.
- central bank
- commercial bank
- scheduled bank
- investment bank
- non-scheduled bank
RRB’s are working in all the states except ___________.
- Sikkim
- Goa
- Jammu and Kashmir
- Tripura
- Sikkim and Goa
The foreign exchange rate is dependent on ______________.
- policies by government
- monetary policy directives
- demand and supply forces
- foreign exchange policies
- all of the above