IBPS Clerk Special - BANKING Quiz ---------------------------------------- 1. What do you understand by term ‘Mortgage’? A) Sale of a moveable security in the event of default by the borrower Registration of charge with the Registar of Companies C) Making the security of immovable property available as a cover for a home loan by the borrower D) Registration of charge with the Regional Transport Authority 2. Which one of the following constitutes the largest percentage of Retail loans in India? A) Auto loans Personal loans C) Home loans D) Consumer loans 3. Depreciation of an asset occurs due to __________ A) Fire in the unit Theft C) Labour Trouble D) Wear and tear 4. Which of the following international event is associated with the game of car racing? A) Twenty – 20 FIFA World Cup C) Dubai Open D) Singapore Grand prix 5. Which of the followind is NOT a source of funds of a commerical bank? A) Cash Reserves with RBI Borrowing from RBI C) Call money borrowings D) Deposits 6. Which one of the following is not an electronic Banking delivery channel? A) Mobile Vans Mobile Phone Banking C) Internet Banking D) Tele Banking 7. The Rate at which the domestic currency cab be converted into foreign currency and vice-versa is known as the _____________ A) Exchange rate MIBOR C) Inter bank Call money rate D) Base rate 8. Which of the following is an asset reconstruction company? A) CIBIL DICGC C) BCSBI D) ARCIL Answers ------------- 1. Ans- C) 2. Ans- C) 3. Ans- D) 4. Ans- D) 5. Ans- A) 6. Ans- A) 7. Ans- A) 8. Ans- D) ------------------------------------------------------------ For more, stay tuned to our page.... LIKE & SHARE ------------------------------------------------------------
Posted on: Mon, 02 Dec 2013 12:03:25 +0000
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