WorksheetsBanking Revision Quiz
Total questions: 22
Worksheet time: 11mins
What are the primary activities of Banking?
Accepting deposits
Agency schemes
Utility schemes
Lending loans
Which are the two categories of Reserve Bank of India?
Chit funds
Scheduled Banks
Non-Scheduled Banks
Co-operative Banks
IDFC First Bank is a type of:
Public Sector Bank
Foreign Bank
Private Sector Bank
Regional Rural Bank
'Social Welfare' comes under which function of the bank?
Utility function
Agency function
What does NABARD stand for?
National Association for Banking and Rural Development
National Bank for Agriculture and Rural Development
National Agricultural Board for Rural Development
National Authority for Banking and Rural Development
Fixed deposit is a type of-
Hybrid Deposit
Demand deposit
Time Deposit
Recurring deposit
What does DICGC stand for?
Deposit Insurance and Credit Guarantee Committee
Deposit Insurance and Credit Growth Corporation
Deposit Insurance and Credit Guarantee Corporation
Deposit Insurance and Credit Guarantee Consortium
What is the current limit of insurance provided by DICGC per depositor per bank?
₹1 lakh
₹2 lakhs
₹10 lakhs
₹5 lakhs
What does SWIFT stand for?
Society for World Interbank Finance and Transactions
Society for Worldwide Interbank Financial Telecommunication
System for Worldwide Interbank Financial Transactions
Secure Worldwide Interbank Financial Telecommunications
What does CRR stand for in the context of banking regulation?
Credit Reserve Ratio
Currency Reserve Ratio
Cash Reserve Ratio
Current Reserve Ratio
What assets can banks maintain to fulfill SLR requirements?
Cash in hand
Gold reserves
Government securities
All of the above
Which regulatory authority in India determines the CRR and SLR rates?
Securities and Exchange Board of India (SEBI)
Ministry of Finance
Reserve Bank of India (RBI)
Indian Banks' Association (IBA)
Which of the following is a monetary policy tightening measure?
Increasing the reverse repo rate
Decreasing the reverse repo rate
Decreasing the repo rate
Increasing the Cash Reserve Ratio
Which of the following loans is classified as a Non-Performing Asset (NPA)?
A loan on which regular payments are being made
A loan where payments are overdue for 90 days or more
A loan that has been granted but not yet disbursed
A loan that has been fully repaid before the due date
Who is eligible to open an account under PMJDY?
Only individuals below the poverty line
Only individuals from rural areas
Any Indian citizen, regardless of income level or location
Only individuals above the age of 60
What is the minimum and maximum pension amount under APY (Atal Pension Yojana)?
Minimum ₹1,000 per month, maximum ₹10,000 per month
Minimum ₹1,000 per month, maximum ₹5,000 per month
Minimum ₹500 per month, maximum ₹5,000 per month
Minimum ₹500 per month, maximum ₹10,000 per month
What are the types of Financial Risk in Microfinance?
Credit Risk
Operational Risk
Market Risk
Strategic Risk
Categories of Microfinance are -
SHG's
JLG's
Commercial Banks
Rural Cooperatives
SISHU, KISHOR, TARUN are the funding categories of-
Pradhan Mantri Mudra Yojana
Atal Pension scheme
Rural Credit scheme
Pradhan Mantri Rojgar Yojana
Which of the following sectors is NOT considered a part of the priority sector for lending purposes?
Agriculture
Small-scale industries
Large corporations
Education
What is the objective of appointing Business Correspondents and Business Facilitators in banking?
To increase competition among banks
To reduce the operational costs of banks
To encourage foreign investments in the banking sector
To improve the accessibility of banking services in rural and remote areas
Which of the following services can be offered by a Business Correspondent?
Providing insurance policies
Conducting stock market transactions
Accepting deposits and disbursing loans
Handling foreign exchange transactions
