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Important Banking Awareness Questions and Answers
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Important Banking Awareness Questions and Answers
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25 Questions

1. What is the maximum permissible limit for investment in PDF account in a financial year?

2. In India which of the following have the highest share in the disbursement of credit to agriculture and allied activities?

3. Which is -˜material alteration-™ of a negotiable instrument?

4. The Govt. of India has acquired RBI-™s stake in one of the major banks of India. Which that bank?

5. As we all know DIPP is the nodal agency in the field of foreign investments in India. What is the full form of DIPP ?

6. What is the mean of Bad debts?

7. What does the letter -˜L-™ stands for in the term LAF commonly used in financial/economic news?

8. Many times we read a term CBS used in banking operation. What is the full form of the letter -˜C in the term -˜CBS-™ ?

9. Which loan constitutes the largest percentage of Retail loans in India?

10. Basel-II norms are associated with which aspect of the banking industry?

11. Many a times we read in the news paper about CASA deposits of banks. CASA what are deposits?

12. By which is insurance cover for bank deposits in our country provided?

13. Which accounts are allowed to be operated by cheques?

14. Many a time we read a term -˜PPP-™ in financial dailies/magazines. What is the full form of the same as used in financial world?

15. What is the name of cheque when a bank returns unpaid?

16. Many times we read about -˜Hawala-™ transactions in newspapers. Hawala in India is prohibited under the provision of which Act?

17. Interest payable on savings bank accounts is regulated by which bank?

18. Which will setup sore banking infrastructure for rural banks?

19. By whom are Savings-™ bank accounts opened?

20. Monetary Policy as an arm of the economic policy is administered by which bank?

21. What is the expand term of FLCC?

22. Credit Cards are known by which another name?

23. Almost all banks in our country have introduced which facility for granting crop loans to farmers?

24. In our country till when a cheque remains valid for payment for from the date of issue?

25. Many times we read about SHGs in financial newspapers. What is the full form of the term?

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