Banking Awareness- II

1).In Banking terminology, NPA means

A) Non-Promise Account

B) Non-Personal Accout

C) Non-Performing Asset

D) Net-performing Asset

E) None of these

2).Which of the following schemes has been launched for providing health services in rural areas?

A) Operation Flood

B) Look East

C) SJSRY

D) ASHA

E) None of these

3).Which of the following schemes has been launched for the school-going children?

A) Lok Jumbish

B) Mid-Day Meal

C) AYUSH

D) SarvaShikshaAbhiyan

E) None of these

4).‘Sugam’ is a scheme launched for

A) Small tax payers

B) Pensioners getting old age pension

C) Big corporate houses

D) Getting all sorts of permission

E) None of these

5).What is the full form of ‘ULIP’, the term which was in the news recently?

A) Universal Life & Investment Plan

B) Unit Loan & Investment Plan

C) Unit Linked Insurance Plan

D) Uniformly Loaded Investment Plan

E) None of these

6).Which of the following is NOT a banking related term?

A) Radiation

B) Outstanding Amount

C) Explicit Guarantee

D) Benchmark Prime Lending Rate

E) None of these

7).Insurance service provided by various banks is commonly known as ______

A) Investment banking

B) Portfolio management

C) Merchant banking

D) Bancassurance

E) None of these

8).Which from the following is NOT true when the interest rate in the economy goes up?

A) Saving increases

B) Lending decreases

C) Cost of production increases

D) Return on capital increases

E) None of these

9).Rate of interest is determined by:

A) The rate of return on the capital invested

B) Central Government

C) Liquidity preferences

D) Commercial Banks

E) None of these

10).Which bank was earlier called the “Imperial Bank of India”?

A) RBI

B) SBI

C) UBI

D) PNB

E) None of these