Tuesday, 13 August 2013

528:Quiz for Bank Exams -4

Education
Quiz for Bank Exams


22:What is meant by financial inclusion?

A)Making available banking services at an affordable cost
B)Opening savings accounts in rural areas without any deposit
C)Distributing money through rural branches
D)Distributing wages through bank accounts


23: Who is the regulatory authority for insurance business in India?

A)NABARD
B)IRDA
C)SEBI
D)RBI


24:What is money laundering?

A)Conversion of assets into cash
B)Conversion of cash into gold
C)Conversion of gold into cash
D)Conversion of illegally obtained money into accountable money


25:"Carbon credit" is concerned with which one of these internationally sensitive issues?

A) Deforestation
B)Diamond trading
C)Protection of environment
D)Rural infrastructure


26.What is the full form of the term ASBA?

A)Application Supported by Blocked Amount
B)Allotment and Social Banking Amount
C)Allotment Supported by Bank Account
D)Application Supported by Bank Amount


27. The term "Deficit Financing" means the Government borrows money from the

A)RBI
B)Public at large
C)Local bodies
D)IMF


28.Regional Rural Banks?

A)Have limited area of operation and access to refinance from NABARD.
B)are required to lend only to weaker sections.
C)can only extend agricultural loans.
D)have unrestricted area of operation.




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