Thursday, August 21, 2014

Banking and Financial Awareness August 21, 2014

  1. Government Securities are issued for a maximum period of 
  2. What is external commercial borrowing (ECB ) ?
  3. On domestic term deposits, banks in our country generally offer additional rate of interest on term deposits from
  4. Which of the following is not related to banking - Repayment, Loan, NPA, Fasting, Deposit
  5. Which of the following is private bank in India - Kotak Mahindra bank, Canara Bank, IDBI Bank, Indian Bank, Vijaya Bank
  6. Credit Cards are also known as - Hard Money, Easy Money, Soft Money, Plastic Money, Real Money
  7. What is teaser loan ?
  8. What is the full form of FLCC ?
  9. What is the term L denotes in LAF which we hear many a times from RBI and Finance Minister ?
  10. Which of the following is known as bankers bank ?- SBI , SIDBI , NABARD, RBI, World Bank
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Answers in Reverse order--

  • RBI
  • Liquidity
  • Financial Literacy and Credit Councelling
  • Rate of interest in the initial period is very less and increases steeply in later years
  • Plastic Money
  • Kotak Mahindra Bank
  • Fasting
  • Senior Citizens
  • Indian companies can borrow on global market through bank loan or issue of debt paper, and the debt can be repaid by reconversion of rupee funds into foreign currency
  • 30 Years

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