Tuesday, 13 August 2013

526:Quiz for Bank Exams -2

Education
Quiz for Bank Exams


8:With reference to a cheque which of the following is the 'drawee bank'?

A)The bank that collects the cheque
B)The payee's bank
C)The endorsee's bank
D)The bank upon which the cheque is drawn


9:When there is a difference between all receipts and expenditure of the Govt. of India, both capital and revenue, it is called...........:

A)Revenue Deficit
B)Budgetary Deficit
C)Zero Budgeting
D)Trade Gap


10:Which one of the following is a retail banking product?

A)Home Loans
B)Working capital finance
C)Corporate term loans
D)Infrastructure financing


11.In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction?

A)RTGS
B)NEFT
C)TT
D)EFT


12.Banking Ombudsman Scheme is applicable to the business of.

A)All scheduled commercial banks including RRBs
B)All scheduled commercial banks excluding RRBs
C)Only Public Sector Banks
D)All scheduled banks except private banks


13.Nationalization of banks aimed at all of the following except

A)Provision of credit to big industries only
B)Removal of control by a few capitalists
C)Encouragement of a new class of entrepreneurs
D)Access of banking to masses


14.What is a 'Debit Card'?

A)It is a card issued by a Rating Agency
B)It is a card which can be used for withdrawing cash or making payment even in the absence of any balance in the account.
C) It is a card which can be used for withdrawing cash or making payment if there is balance in the account
D) It is a card which carries prepaid balance




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