Banking Awareness Study Material 2017 Set – 253

Banking Awareness Practice Set

1. The Doing Business Report” is prepared by which of the following organisations every year?
Answer : World Bank (WB)

2. Which cannot be called as a debt instrument as referred in financial transactions?
Answer : Stock

3. Which is not a type of cheque issued by an individual?
Answer : Savings Cheque

4. “World Investment Report” is annually published by
Answer : UNCTAD

5. Treasury bills are issued in India by ______
Answer : Government of India

6. A Committee on Banking Supervision which provides a forum for regular cooperation on banking supervisory matters and to enhance understanding of key supervisory issues and improve the quality of banking supervision worldwide.
Answer : BASEL

7. DIPP is the nodal agency in the field of foreign investments in India. What is the full form of DIPP?
Answer : Department of Industrial Policy and Promotion

8. The letter ‘R’ denotes which word in the term IFRS?
Answer : Reporting

9. Which bank account opened by NRI to deposit income mainly generated from an Indian source?
Answer : NRO

10. In it, a worldwide recognised identification code used at the time of international credit transfer between banks and also when there is an exchange of messages between banks.
Answer : SWIFT Code

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