Practice Economy and Banking and Finance Static Concepts Questions and Answers

• The inability of a  debtor   to pay their  debt is known as..........................
• Repo and Reverse repo rates are two rates set by RBI for .................... ?
• Which one of the following pillars addresses risk  as per Basel Il norms.
• Arrangement made for the likely loss in the profit and loss account while finalizing accounts of banks is known as...............................
• What is CRILC ?
• In payment systems what does SWIFT stands for?
• What is correct about RTGS and NEFT: i)  RTGS is intended for big amount and NEFT is for smaller amount.  RTGS can be done for amounts of minimum Rs.2 la...
• Which of the following can be a Pre-Paid Instrument (PPI)?  i.  Smart Card ii. Mobile Wallet iii.Internet accounts
• What is a White Level ATM? 
• Which of the following statements is true about Debt-Service Ratio?
• Which of the following Acts helps a bank in its day to day activities?
• Consider the following statements- 1. Bond price and interest rate are positively related. 2. Bond price and interest rate are negatively related. 3. Cr...
• 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?
• 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?
• Which bank works as a Lead Bank in the district? 
• Which one is incorrect about the deposit insurance scheme of DICGC?
• What is Notice Money?
• Which of the following is/are securities depository? i.     CSDL ii.    ARCIL iii.   NSDL
• Which of the following is NOT true about microfinance? i. These loans are unsecured loans of Upto Rs. 1 lakh mostly given following group lending methodolo...
• Match the following: A) IMPS                                     ...
• 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?
• In SFMS, M denotes 
• London Metal Exchange is owned by which one of the following?
• Loan  granted for purchase of white goods by the banks is known as  ______.
• BIFR stands for 
• eVIN stands for?
• Exim Bank was established in the year
• Which of the following person is not the Deputy Governor of RBI?
• In 1921, three Banks were merged into one Bank i.e, Imperial Bank. They are:
• New Bank of India was merged into PNB on
• The Headquarter of Bhartiya Mahila Bank (BMB) is situated at
• ING Vysya was taken over by which of the following Bank?
• Which of the following is not the function of ATM?