Exercise Quiz & Test – 19


1. Insurances service provided by various bank is commonly known as:
a. Investment banking
b. Portfolio management
c. Merchant banking
d. Banc assurance

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2. What is the full form of NBFC as used in the financial sector?
a. New banking finance company
b. National banking and Finance Corporation
c. New business finance and credit
d. Non of these

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3. In India, the bank NABARD does not provide refinance to:
a. Scheduled commercial banks
b. Regional rural banks
c. State land development banks
d. Export-import bank

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4. Which of the following public sector bank emblem figures a dog and the words ‘faithful, friendly’ in it ?
a. Punjab National Bank
b. Oriental Bank of Commerce
c. Syndicate bank
d. SBI

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5. If the Cash Reserve Ratio (CRR) is lowered by the RBI, its impact on credit creation will be:
a. Increases
b. Decreases
c. No impact
d. Non of these

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6. Which one of the following is a private bank?
a. Allahabad bank
b. Punjab and Sind bank
c. Punjab National Bank
d. Punjab Bank

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7. Which of the following pairs is not correctly matched?
a. SEBI … Security Market regulatory body
b. RBI … Banking regulatory authority
c. SBI … Commercial bank
d. IDBI … World bank

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8. ‘Repo Rate’ is the rate at which:
a. The RBI lends to state government
b. The international aid agencies to RBI
c. The RBI lends to banks
d. The banks lend to RBI

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9.A customer wishes to purchase some US dollars in India. She/he should go to:
a. Public Debt Division of the RBI only
b. American Express Bank only
c. RBI or any branch of a bank which is authorized for such business
d. Ministry of foreign affairs

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10.Which amongst the following organizations make major credit policies for the RRBs ?
a. NABARD
b. Asian development bank
c. World bank
d. SBI

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