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WorksheetsBusiness Services - Topic 2
Total questions: 78
Worksheet time: 1hrs 1mins
Select the correct option:
RBI was established in ___________ .
1932
1956
1945
Select the correct option:
The main aim of co-operative bank is to provide credit to _________.
Industries
Farmers
Businessman
Select the correct option:
Primary Credit Co-operative Society works at ____________ level.
state
village
town
Select the correct option:
Regional Rural Banks were established in _________.
1975
1932
1995
Select the correct option:
Banks provide financial and advisory assistance to their _________.
managers
customers
suppliers
Select the correct option:
SIDBI was set up on ____________ .
2nd April, 1990
2nd August,1990
2nd December, 1990
Select the correct option:
The primary functions of commercial banks are known as ________ banking functions.
secondary
primary
core
Select the correct option:
__________ deposits are repaid to the customers after the expiry of decided time.
Time
Fixed
Cash
Select the correct option:
The main aim of _________ account is to encourage habit of saving among the people.
current
saving
fixed deposit
Select the correct option:
____________ account is operated by business firms and other commercial organizations.
Current
Saving
Recurring
Select the correct option:
________ facility is available for only current account holders to meet their working capital requirements.
Cash credit
Overdraft
Bills of exchange
Select the correct option:
Handling of securities is known as ____________ management.
financial
portfolio
forex
Select the correct option:
The bank provide locker facility for the safe custody of ____________ .
valuables
shares
cash
Select the correct option:
A commercial bank may __________ the issue of securities issued by the companies.
surrender
forfeit
underwrite
Select the correct option:
Credit card offers convenience to _______.
customers
suppliers
everyone
Select the correct option:
Most of the banks offer ______ card as soon as account is opened by customer.
credit
debit
PAN
Select the correct option:
Mobile banking refers to the use of banking services with the help of ________.
laptop
mobile phones
computers
Match the Pair:
Match the Pairs:
Give one word/phrase/term for the following:
The apex financial institution in banking industry.
(a)
Give one word/phrase/term for the following:
Deposits which are paid to the customers after the expiry of decided or specific time.
(a)
Give one word/phrase/term for the following:
Establishment year of RBI.
(a)
Give one word/phrase/term for the following:
Banks which are established outside India but have branches in India.
(a)
Give one word/phrase/term for the following:
Establishment year of Regional Rural Banks (RRBs) in India.
(a)
Give one word/phrase/term for the following:
The date on which SIDBI was set up.
(a)
Give one word/phrase/term for the following:
An apex institution for financing agricultural and rural sector.
(a)
Give one word/phrase/term for the following:
Period for which long term loans are provided to meet long term capital requirements of the borrower.
(a)
Give one word/phrase/term for the following:
Deposits which are paid to the customers after the expiry of decided or specific time.
(a)
Give one word/phrase/term for the following:
Credit facility provided to current account and saving account holders.
(a)
Give one word/phrase/term for the following:
Credit facility provided to current account and saving account holders.
(a)
Give one word/phrase/term for the following:
Credit facility provided to current account and saving account holders.
(a)
Give one word/phrase/term for the following:
The term used for E-banking or Electronic banking.
(a)
Give one word/phrase/term for the following:
Card offered by the bank on opening of an account in bank.
(a)
Give one word/phrase/term for the following:
Bank transaction done with the help of computers, laptop, and other gadgets.
(a)
Give one word/phrase/term for the following:
The use of banking services with the help of mobile phones.
(a)
True or False:
Current Account is opened by salaried persons.
True or False:
NEFT stands for National Electric Fund Transfer.
True or False:
NEFT stands for National Electric Fund Transfer.
True or False:
The term Bank comes from the Latin word ‘Banco’ which means a ‘Bench’.
True or False:
Commercial bank is the apex financial institution in banking industry in the country.
True or False:
Central Bank acts as a banker’s bank.
True or False:
Public sector banks are AXIS Bank, HDFC Bank etc.
True or False:
Primary Credit Co-operative Society work at a District level.
True or False:
SIDBI acts as the principal financial institution for promoting, financing and development of MSME.
True or False:
NABARD is an apex institution for financing agricultural and rural sector.
True or False:
The primary functions of central bank are known as core banking function.
True or False:
Saving account is opened to encourage saving habits among the business people.
True or False:
Fixed Deposit holders get fluctuating interest rate.
True or False:
Overdraft facility is available to current account holders.
True or False:
Short term loans are for the period upto 3 years to meet working capital requirements.
True or False:
Banks provide dematerialization facilities to their clients to hold their securities in electronic format.
True or False:
Central bank may underwrite the issue of securities issued by the companies.
True or False:
Credit card offers convenience to customers as they need not carry cash.
True or False:
RTGS stands for Real Time Great Settlement.
True or False:
IMPS stands for Immediate Payment Services.
Find the odd one:
Primary credit co-operative society
State co-operative bank
District co-operative bank
Exchange bank.
Find the odd one:
NABARD
RBI
SIDBI
EXIM
Find the odd one:
Cash credit
Overdraft
Discounting bills of exchange
Saving account.
Find the odd one:
Locker
Gift Cheques
Gold related Services
Fund transfer
Find the odd one:
ATM
Loans
Credit cards
Debit cards
Find the odd one:
Gold ETF
RTAS
NEFT
IMPS
Complete the sentences:
The term bank comes from the French word (a) .
Complete the sentences:
(a) banking refers to the use of banking services with the help of mobile phones.
Complete the sentences:
(a) is the apex financial institution in banking industry in the country.
Complete the sentences:
Monetary policies are framed by (a) .
Complete the sentences:
Public sector bank where majority of capital is held by (a) .
Complete the sentences:
State Co-operative Bank operates at (a) .
Complete the sentences:
(a) is an apex institution for financing agricultural and rural sector.
Complete the sentences:
Payment bank is conceptualized by the (a) .
Complete the sentences:
For (a) account holders some banks provide separate facility of flexi deposit.
Complete the sentences:
There is no restriction on deposits and withdrawal under (a) account.
Complete the sentences:
(a) facility allows customers to instantly transfer funds to any other bank account.
Correct the underlined word:
The Foreign bank is the apex financial institution in banking industry in the country.
(a)
Correct the underlined word:
RTGS stands for Reasonable Time Gross Settlement.
(a)
Correct the underlined word:
Banks provide financial and advisory assistance to their employees.
(a)
Correct the underlined word:
The primary functions of central bank are known as core banking functions.
(a)
Correct the underlined word:
The drawee of bills of exchange can discount the bill with bank.
(a)
Correct the underlined word:
NEFT stands for National Electronic Finance Transfer.
(a)
