Indian Banking Sector
Indian Banking Sector: Overview
This topic covers concepts, such as, Banking and Finance Terminologies, Major Banking Acts and Policies, Demat Account & Zero Coupon Bond etc.
Important Questions on Indian Banking Sector
Which of the following means a note which has become dirty due to usage and also includes a two-piece note pasted together wherein both the pieces presented belong to the same note and form the entire note?

The principal electronic payment system for electronic commerce is ______.

A loan that is repaid on monthly, quarterly and annual basis in equal payments is classified as _____.

Consider the following statements:
(i) Securities with an original maturity greater than one year are traded in capital markets.
(ii) The best-known capital market securities are stocks and bonds.
Select the correct answer using the codes below:

Which of the following is one of the three Domestic Systemically Important Banks in India?

______ is an alphanumeric code that uniquely identifies a bank-branch participating in the NEFT system.

Unique Transaction Reference number is a ____ character code used to uniquely identify a transaction in the RTGS system.

Where is the corporate office of RBL Bank located?

Which of the following institutions has issued a warning against taking out loans through unlicensed digital lending apps?

Which of the following statement(s) is/are correct regarding Futures for Hedging?
A. Futures can be used to hedge the price movement of the underlying asset.
B. Many companies that enter hedges are using—or in many cases producing—the underlying asset.

Which of the following statement(s) is/are correct regarding Futures for Speculation?
A. A futures contract allows a trader to speculate on the direction of movement of a commodity's price.
B. The difference between the prices of the two contracts would be cash-settled in the investor's brokerage account.

Which of the following is/are the character trait(s) of futures contract?
A. These obligate the parties to transact an asset at a predetermined future date and price.
B. Futures contracts detail the quantity of the underlying asset.

Which of the following is a type of annuity?

An amortization payment is made up of:

The main functioning of the banking system is to _____

In India 'Report on Currency and Finance' is the annual publication of _____

An economy with a very low rate of interest and where economic agents expect the interest rate to rise in future and consequently bond prices to fall, causing a capital loss in the economy is going through a situation known as_____.

In the context of the banking sector, what does ‘F’ stand for in IFSC?

‘The Name you can Bank Upon’ is the slogan of which of the following banks?

_____ annuities should be considered long-term investments.
