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Banking

Total questions: 15

Worksheet time: 5mins

Name
Class
Date
1.

A typical commercial banks provide ____________.

a)

Long term loans

b)

medium term loans

c)

short term loans

d)

all the above

2.

Which one of the following is the most important relationship between banker and customer?

a)

Debtor and Creditor

b)

Bailee and Bailor

c)

Agency and Principa

d)

Trustee and Beneficiary

3.

Which of the following systems of banking contributes to banking monopoly?

a)

unit banking

b)

chain banking

c)

group banking

d)

branch banking

4.

Foreign exchange banks specialized in providing _________.

a)

long term loans

b)

short term loans

c)

agricultural loans

d)

foreign exchange

5.

Banks which accept deposits from the public and lend them mainly to commerce for short periods?

a)

Commercial Bank

b)

Industrial Bank

c)

Agricultural Bank

d)

Central Bank

6.

Which bank is otherwise called as Investment banks?

a)

Exchange Bank

b)

Reserve Bank of India

c)

Industrial Bank

d)

Agricultural Bank

7.

Current Accounts are mainly opened by

a)

Professionals

b)

Agriculturalist

c)

Salaried class people

d)

Trading and industrial concern

8.

------------ is a system under which an individual bank carries on banking business with a network of branches spread all over the country.

a)

Mixed Banking

b)

Branch Banking

c)

Unit Banking

d)

Corresponding Banking

9.

The apex institution in agricultural finance is

a)

NABARD

b)

EXIM Bank

c)

Reserve Bank of India

d)

IDBI

10.

________ is a technology that allows you to access your bank account from a mobile device

a)

Home Banking

b)

Mobile Banking

c)

Internet Banking

d)

Television Banking

11.

Which is the first bank to introduce Credit card in India?

a)

Bank of India

b)

Global Trust Bank

c)

IndusInd Bank

d)

Central Bank of India

12.

The right of set-off customers account can be exercised only by a-----

a)

Creditors

b)

Debtors

c)

Banker

d)

Customer

13.

________ banks will have more service motive

a)

Agriculture development bank

b)

Central banks

c)

Co-operative banks

d)

Commercial banks

14.

_______ type of banks has its roots in U.S.A

a)

Branch banks

b)

Chain banks

c)

Unit banks

d)

Group banks

15.

The banks which is linking them self is called _________

a)

Central banks

b)

Commercial banks

c)

Co-operative banks

d)

Correspondent banks