Indian Banking Sector

IMPORTANT

Indian Banking Sector: Overview

This topic covers concepts, such as, Banking and Finance Terminologies, Major Banking Acts and Policies, Government Securities & Money Laundering etc.

Important Questions on Indian Banking Sector

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Non-fund based activities are also called _____.

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Discounting of bills of exchange is an attractive _____ based financial service provided by the finance companies.

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The unpaid seller should exercise the right of re-sale_____

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_____ is a long term risk capital to finance high technology projects which involve risk but at same time has strong potential for growth.

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A entered into a contract to sell his old car to B at the price to be determined by the true value dealer. A delivered the car to B who in turn converted to a mini-delivery van by some modification, however the True Value dealer did not determine by value. What remedies are available to the A in the instant case.

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

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

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

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Bombay Stock Exchange became the first stock exchange in India to launch commodity derivatives contract in gold and ____.

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

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Where is the corporate office of RBL Bank located?

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

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The goal of _____  is to sterilise the excess money supply created by the RBI's foreign currency market intervention.

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Which of the following is the purpose of the Market Stabilisation Scheme?
A. Its purpose is to suffocate the excess money supply created by the RBI's involvement in the foreign currency market.
B. The government withdraws excess money supply from the economy by issuing market stabilisation bonds (MSBs) to financial institutions.

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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.

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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.

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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.