Marketing Quiz 2015

1. Which of the following can be called as intermediary in the Financial System?
a) Insurance companies
b) Banking companies
c) Mutual funds
d) All the above
e) None of the above

2. Which type of machine is used by Business Correspondents?
a) Micro ATMs
b) POS
c) Biometric Card Reader
d) Solar empowered
e) Water resistant

3. The ceiling for repatriation of funds from NRE or FCNR accounts?
a) Rs. 2 lakhs
b) Rs. 5 lakhs
c) Rs.10 lakhs
d) No ceiling
e) None of the above

4. Some banks are financing big projects like construction of roads, bridges etc. Financing such projects means banks are helping exactly in______.
a) Infrastructural Development
b) Project Management
c) Developing core sector Industry
d) Financial Inclusion
e) All of the above

5. Debentures are governed under?
a) Law of Contract
b) BR Act
c) Company Law
d) Banking Regulation Act
e) None of the above

6. The maturity period of CDs (Certificate of Deposit) issued by banks should not be less than ______ and not more than ________, from the date of issue.
a) 7 days, 6 months
b) 7 days, 1 year
c) 15 days, 6 months
d) 15 days, 1 year
e) 90 days, 180 days

7. The Main activity of the Financial Intelligence Unit India (FIU-IND) is to control:
a) Tax Evasion
b) Money Laundering
c) Terrorism
d) Avoiding NPAs
e) Avoiding frauds in ATMs

8. Infusion of liquidity, by RBI, is done through ________ from / to banks under a _______ transaction.
a) borrowing, repo rate
b) borrowing, reverse repo rate
c) lending, repo rate
d) lending, reverse repo
e) None of the above

9. Crossing a cheque is a direction to the:
a) Drawer
b) Payee
c) Paying Banker
d) Clearing House
e) Collecting banker

10. The minimum amount can be issued for which a CD (Certificate of Deposit) is:
a) Rs. 1 lakh
b) Rs. 2 lakh
c) Rs. 5 lakh
d) Rs. 10 lakh
e) Rs. 20 lakh

11. The Act to govern forex activities in India is:
a) RBI act
b) FERA
c) FEMA
d) SEBI
e) Finance Ministry

12. Sri Arun Shrivastava has taken over charge on 15.05.2015 as new CMD of _______ bank.
a) Union Bank of India
b) United Bank of India
c) Syndicate Bank
d) Andhra Bank
e) Allahabad Bank

13. RBI advised Banks that all new cards issued - debit and credit, domestic and International shall be EMV (Europay MasterCard Visa) chip and pin based cards with effect from:
a) 1st September 2015
b) 1st October 2015
c) 1st November 2015
d) 1st August 2015
e) 15th August 2015

14. Benefits in core banking system are:
a) Reliable centralized data recovery
b) Data warehousing and data mining technologies
c) Integrated customer centric services
d) Core infrastructure can be used for future expansion
e) All the above

15. NRI Deposits are classified under:
a) Capital a/c
b) Current a/c
c) Special Foreign Deposit Account
d) Either b or c
e) None of the Above





Key:

1. D
2. C
3. D
4. A
5. C
6. B
7. B
8. C
9. C
10. A
11. C
12. C
13. A
14. E
15. A