
Banking Quiz
Authored by KANISHK SURANA
Other
1st Grade
Used 11+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
To qualify as a Scheduled Bank, what minimum paid-up capital and raised funds should a bank possess?
To qualify as a Scheduled Bank, what minimum paid-up capital and raised funds should a bank possess?
INR 2.5 lakh
INR 7 lakh
INR 3 lakh
INR 5 lakh
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Who charges higher interest rates?
Who charges higher interest rates?
Indigenous bankers
Money lenders
Both equally insist
Neither insists
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In general, private placement is defined as issuance of securities to
More than 100 people
Less than 200 people
More than 50 people
Less than 50 people
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
1. How is Net Interest Margin (NIM) calculated?
(Interest Income / Interest Expense) - Interest Earning Assets
(Interest Income – Interest Expense) / Interest Earning Assets
Interest Income / Interest Earning Assets
(Interest Expense / Interest Income) - Interest Earning Assets
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
1. What is another name for a Fixed Deposit (FD) Account?
Demand Deposit Account
Time Deposit Account
Savings Account
Flexi Deposit Account
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
1. Which of the following is an example of a fee-based financial service?
Merchant banking
Leasing
Factoring
Bill discounting
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the punishment/penalty for money laundering under the Prevention of Money Laundering Act?
By filling out an online CKYC form and uploading scanned copies of your documents
By using your Aadhaar and mobile number to complete the verification process online
By meeting a certified distributor with your original documents
By submitting a consent declaration and photocopies of your identification documents
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