Banking : Multiple choice Questions - 6

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BANK QUIZ

1. What is the full form of CBS?
A) Cash Banking Solutions
B) Core Banking Solutions
C) Cash Balance Solutions
D) Capital Banking Solutions

2. What does CPI stand for ?
A) Cash Price Index
B) Consumer Price Index
C) Cost Price Index
D) Current Price Index

3. What does CRR stand for?
A) Credit Reserve Ratio
B) Cost Advisory Ratio
C) Cash Reserve Ratio
D) Cash Revenue Ratio

4. Which among the following does the RBI not decide?
A) SLR
B) CRR
C) Bank Rate
D) Base Rate

5. ________ is the difference in value between a country's imports and exports.
A) Balance Of Trade
B) Balance of Payment
C) Balance of power
D) Credit Balance

6. _________ is a statement showing the assets and liabilities of a business at a certain date.
A) Accounts Payable
B) Account Sheet
C) Accounts Receivable
D) Balance Sheet

7. _________ is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.
A) Economic Policy
B) Fiscal Policy
C) Long Term Planning
D) Monetary Policy

8. In banking parlance, ‘NPA’ stands for _________ ?
A) Net Performing Asset
B) Non Performing Asset
C) Non-Productive Asset
D) None of the Above

9. ______ is the rate of interest which is levied on Short-Term loans taken by commercial banks from RBI.
A) Bank Rate
B) Reverse Repo Rate
C) Base Rate
D) Repo Rate

10. Reserve Bank of India was nationalized in:
A) 1946
B) 1947
C) 1948
D) 1949

Answers:
1 B
2 B
3 C
4 D
5 A
6 D
7 B
8 B
9 D
10 D.