Banking exams, IBPS, SBI Banking Awareness – 22 Posted on July 13, 2020July 13, 2020 by admin 0 Created on July 13, 2020 By admin Banking exams, IBPS, SBI Banking Awareness - 22 1 / 10 1. Which of the following is not a primary function of a Bank? A. Granting Loans B. Collecting Cheques/Drafts customers C. Facilitating import of goods D. Issuing Bank Drafts 2 / 10 2. Reserves which can act as a liquidity buffer for commercial banks during crisis times are A. CAR B. SLR C. CAR and CRR D. CRR and SLR 3 / 10 3. For repayment of loan availed from Banks NBFC we come across a term known as EMI What does it stand for? A. Equated Money Index B. Easy Money Installment C. Equated Monthly Installment D. Equal Monthly Installment 4 / 10 4. Many a times we read in the news paper about CASA deposits of banks. CASA deposits are A. Demand deposits B. Term deposits C. Hybrid deposits D. Recurring deposits 5 / 10 5. While investing in mutual funds we come across a term called NAV. What is the meaning of NAV? A. Net Annual Value B. Non Asset Value C. Net Actual Value D. Net Asset Value 6 / 10 6. Assume that Reserve Bank of India reduces the Bank Rate by 1%, what will be its impact? A. Less liquidity in the market B. More liquidity in the market C. No change in the liquidity in the market D. Mobilization of more deposits by commercial-banks 7 / 10 7. Whose signature is found on a 50 rupee currency note in India? A. President of India B. Governor, RBI C. Finance Minister D. Prime Minister of India 8 / 10 8. Which of the following institutions is involved mainly in granting Housing Loans? A. RBI B. SBI C. HDFC D. ICICI 9 / 10 9. Which of the following terms is not related to banking? A. Repayment B. Loan C. NPA D. Fasting 10 / 10 10. Almost all banks in our country have introduced facility for granting crop loans to farmers. A. Term Loans B. Kisan Credit Cards C. Bank Guarantee D. Foreign Exchange Your score is The average score is 0% LinkedIn Facebook Twitter 0% Restart quiz
3. For repayment of loan availed from Banks NBFC we come across a term known as EMI What does it stand for?