SEBI

2. What term is used for Money borrowed or lent for a day or overnight ?

Call Money

3 . Which bank uses punch line “India’s International Bank”

Bank of Baroda

4. Which bank uses punch line ” Trusted Family Bank”?
Dena Bank

5. What is NSCCL?

National Securities Clearing Corporation Ltd

6. In which year Bombay Stock Exchange was established?
1875

7. In which year NSE was established?
1994

8. Inflation is measured on basis of which index in India?
WPI wholesale price index

9. What is derived from total expenditure less total receipts excluding borrowing?

Fiscal Deficit

10. In the capital market , simultaneous purchase and sale of securities to reduce the loss on purchase is known as …..?

Arbitrage

11. Injecting liquidity by the central bank of a country through purchase of Govt. securities. What do we call this?

Reverse repo

12. What is used to manage cash flows in different currencies?

Currency Swap

A Demand Note is a type of  paper money that was first issued between August 1861 and April 1862 during the American Civil War in denominations of 5, 10, and 20 dollars. Demand Notes were the first type of paper money issued by the United States in the sense that they were the first in the series of emissions which has continuously achieved wide circulation down to the present day. The U.S. government placed the Demand Notes into circulation by using them to pay expenses incurred during the Civil War including the salaries of its workers and military personnel.

Promissory Note

A promissory note, referred to as a note payable in accounting, or commonly as just a “note”, is a contract where one party (the maker or issuer) makes an unconditional promise in writing to pay a sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms. They differ from IOUs in that they contain a specific promise to pay, rather than simply acknowledging that a debt exists.

The Commission was headed by Vijay Kelkar. Other members of the Commission were B.K. Chaturvedi, Indira Rajaraman, Atul Sarma and Sanjiv Misra.

The recommendations of the 13th Finance Commission, Finance Minister Pranab Mukherjee said “would get reflected in the 2010-11 Budget”.
The report, Kelkar said, dealt with the sharing of tax revenue between the Centre and States, distribution of funds among States and support to local bodies. The Finance Commission report assumes significance in view of the ongoing reforms in indirect and direct taxes, which will have a bearing on the tax collections.

1. Providing credit facilities by more than one banks for single party with formal agreement with each other. What is this concept called?

Consortium

2. Rate at which RBI purchases or rediscounts bills of exchange of
commercial banks. What this rate is called?

Bank Rate

3. An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company.

Indian Depository

4. An instrument that derives its value from a specified underlying [currency , Gold, stocks] etc. is called as ……..?

Hedge Fund

5. What is derived from total expenditure less total receipts excluding borrowing?

Fiscal Deficit

6. In the capital market , simultaneous purchase and sale of securities to reduce the loss on purchase is known as …..?

Arbitrage

7. Injecting liquidity by the central bank of a country through purchase of Govt. securities. What do we call this?

Reverse repo

8. What is used to manage cash flows in different currencies?

Currency Swap

9. Lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards. What do we call this?

Sub Prime

10. In instrument (bond) issued in a country other than the country of the currency of the bond. What type of bond is this?

Eurobond

11. What does Money Laundering includes?

placement, layering, integration of funds

12. Which organization is capital market regulator?

SEBI

13. What term is used for Money borrowed or lent for a day or overnight ?

Call Money

14 . Which bank uses punch line “India’s International Bank”

Bank of Baroda

15. Which bank uses punch line ” Trusted Family Bank”?

Dena Bank

16. What is NSCCL?

National Securities Clearing Corporation Ltd

17. In which year Bombay Stock Exchange was established?

1875

18. In which year NSE was established?

1994

19. Personal Finance is a part of Financial System in India. Is it true or false?

False, includes agricultural, industrial, government, development finance

20. Money lenders are part of scheduled banking in India. True or false?

False, Public sector, Pvt sector, Regional & Rural and State Cooperative banks

21. International Atomic Energy Agency provides a facility to help nations in enrichment of Uranium. What this concept has been named?

Nuclear Bank

22. An agreement in two parties to buy or sell an underlying asset in future
at a predetermined rate. What this agreement is called as?

Future Trading

23. Inflation is measured on basis of which index in India?

WPI wholesale price index

three

2- Reserve Bank of India keeps changing the ratio which regulates the minimum reserve each bank must hold to customer’s deposits. What this ratio called?

Cash Reserve Ratio

3- Which bank has the punchline”Much more to do with YOU in focus”?
Andhra Bank

4- A new field of banking system made up of large-scale banks that operate extensive networks of branches and provide different services. This new termed emerged in the banking field is —————?

Universal Banking

5- Providing credit and other financial services and products of very small amount to the poors in rural / semi-urban area is callled as …………..?

Micro Finance

6- What are Basel Norms?

Norms specially designed to control various risk factors in bank operations