Practice Economy and Banking and Finance Static Concepts Questions and Answers

• The Shareholding of state government in respect of RRB’s is 
• Last six characters in IFSC code denotes 
• “Where India Banks” is the tagline of ____________ . 
• Who regulates ‘Commodities Derivatives Market’ in India? 
• Which of the following is the secondary function of Banks? I. Collecting and supplying business information. II. Issuing letters of credit, traveller’s...
• ____________ is the distribution of payment into multiple cash flow instalments.
• What is a mortgage?
• Which of the following is not a debt security?
• Consider the following statements regarding bridge loan: (A) It is a loan made by a bank for a longer period to make up for permanent shortage of cash. (B)...
• What is a stale cheque?
• Which one of the following pillars addresses risk  as per Basel Il norms.
• Consider the following statements- 1. Bond price and interest rate are positively related. 2. Bond price and interest rate are negatively related. 3. Cr...
• The demand for bank notes is estimated by the Reserve Bank of India (RBI) using which of the following statistics?
• Which committee is formed for the Banking Supervision?
• At Present, RRB’s are running in every state of India except
• Uttarakhand Gramin Bank established after the amalgamation of
• In which year the first Bank of India was established?
• Which of the following Bank was not nationalized in the First Phase of Nationalization of Banks?
• Which of the Following is the Housing Development Bank of India?
• Which of the following Bank also owns a linkage Program called SHG’s.
• Arrange the Following banks in ascending order in their respective establishment years. (A) Corporation Bank     (B) Punjab National Bank       ...
• The Maximum time period of the Recurring Deposit is
• The RTGS transaction timings on Saturday is from
• Which of the following is the 8 digit code and extended upto 11 digits?
• The Reserve Bank of India was taken over by the Government in
• Axis Bank has its Head office in __________ and Registered office in _________ .
• The Bank which gets the first ISO certification was
• Which of the following Bank is nationalised in 1st phase of Nationalisation of Banks?
• What is the term used for the practice of replacing relatively high cost debt with that of lower cost borrowing to take advantage of falling interest rates...
• Consider the following statement with reference to the Special Drawing Rights(SDRs). A) It is an international reserve asset created by the IMF in 1969 to...
• Expand the term ALM as used in Banking/Finance sector.
• Arrangement made for the likely loss in the profit and loss account while finalizing accounts of banks is known as...............................
• Which one of the following statements is true
• The main purpose of preparing a Bank Reconciliation Statement is:
• Which of the following acts empowers RBI to regulate Non-Scheduled Banks?
• Which of the following rates signals the RBI’s long-term outlook on interest rates?
• IFRS stands for _______
• KYC guidelines followed by the Banks have been framed on the recommendations of the ______
• What is “Non-Interest Income” of banks?
• Which of the following is the regulator of the credit rating agencies in India?