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

Banking and Financial Awareness 20 August 2014

1. While investing in Mutual Fund Many a times we come across the tern NAV what does NAV stands for ?
2. What is REPO Rate ?
3. Many a times we read about the term CASA from banking field the CASA deposit is ?
4. Monetary Policy as an arm of the economic policy is administered by ?
5. Many a times we hear about the term CDR , what does CDR stands for ?
6. What is the maximum period for which term deposits can be accepted by banks in our country ?
7. Now we are regularly hearing about the term CTS in banking cheque clearing field what does CTS stands for ?
8. The present governor of RBI is ?
9. Insurance cover for bank deposits in our country is provided by ?
10. Many a times we hear about the term NPA in banking field what does NPA stands for ?

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Answers : -

1. Net Asset Value
2. Rate for borrowing rupees by banks from RBI
3. Demand Deposit ( Current Account and Saving Account - its a low cost deposit for banks )
4. RBI
5. Corporate debt restructuring
6. 10 Years
7. Cheque Truncation System
8. Raghuram Rajan
9. DICGC ( Deposit Insurance Credit Guarantee Corporation )
10. Non Performing Asset