Tuesday, 1 March 2016

Banking Awareness Quiz For IBPS Bank and LIC Exam Special

Q.The liabilities which bank have to pay after specific time period
Ans-Time Liability

Q.NDTL stands for
Ans-Net Demand and Time Liabilities
Q.Bank Rate refers to
Ans-Rate at which commercial banks borrow long term funds from central Bank
Q.MIBID stands for
Ans-Mumbai Interbank Bid Rate
Q.The debenture holder of a company are its
Ans-Creditors
Q.NPA stands for
Ans-Non Performing Asset
Q.Overdraft refers to
Ans-A deficit in a bank account caused by drawing more money than the account holds
Q.vStale cheque is a cheque that is presented to be cashed or deposited at a bank
Ans-Six months or more after the date it was written
Q.Foreign direct investment (FDI) limit in the insurance sector
Ans-49 per cent
Q.Currency of Greece
Ans-Euro

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