Banking Awareness Study Material 2018 Set – 287

Banking Awareness Practice Set

1. ___________ is a voluntary market body for the bond, money and derivatives markets.

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Answer : FIMMDA

2. Which is mainly used by the banks in order to meet their temporary requirement of Cash on a daily basis?

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Answer : Call Money

3. An Asset Reconstruction Company (ARC) in India is associated with

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Answer : NPA

4. In Notice Money Market, the tenor of the transactions is from ________

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Answer : 2-14 days

5. Which Act was framed specially to deal with Non-Performing Assets (NPA)?

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Answer : SARFAESI Act, 2002

6. Who is Ravi Venkatesan in Banking industry?                         

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Answer : Chairman of Microsoft India and Cummins India

7. According to accepting public deposits, NBFCs can be classified into ____ broad categories.                                                                               

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Answer : Two

8. Which is the country’s largest custodian and depository participant?

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Answer : SHCIL

9. StockHolding was incorporated as a Public Limited Company in

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Answer : 1986

10. StockHolding is a subsidiary of                                               

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Answer : IFCI Limited


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