Important Banking Awareness Quizzes (Topic Wise) Day-154

Important Banking Awareness Quizzes (Topic Wise) Day-154:

Dear Readers, Here we have provided the Important Banking Awareness Quizzes based on particular topic, which will help to understand and prepare in a better way. Candidates those who are preparing for upcoming IBPS/SBI Exams 2018 can make use of it.

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1). In SWIFT, “I” stands for _________

a) Secure

b) Social

c) State

d) Security

e) None of these

2. In FINO, “N” stands for __________

a) Net

b) Network

c) Neutral

d) Non

e) None of these

3. In CIBIL, “B” stands for ___________

a) Balance

b) Board

c) Bureau

d) Banking

e) None of these

4. In CRISIL, “R” stands for _________

a) Reconstruction

b) Ratio

c) Rating

d) Revenue

e) None of these

5. In BPLR, “P” stands for ___________

a) Purchase

b) Positive

c) Power

d) Prime

e) None of these

6. In BCSBI, “C” stands for __________

a) Centre

b) Commission

c) Codes

d) Credit

e) None of these

7. In RTGS, “S” stands for _________

a) Settlement

b) Service

c) Standard

d) Selection

e) None of these

8. In NBFC, “C” stands for ___________

a) Companies

b) Commission

c) Codes

d) Committee

e) None of these

9. In BIFR, “I” stands for _________

a) International

b) Industrial

c) Information

d) Indian

e) None of these

10. In IFSC, “C” stands for ___________

a) Centre

b) Code

c) Credit

d) Capital

e) None of these

11. DRT stands for ___________

a) Debt Recovery Tribunals

b) Debit Revenue Tribunals

c) Debt Reforms Tribunals

d) Debt Recovery Trade

e) None of these

12. ALM stands for ___________

a) Adequacy Liability Management

b) Asset Liquidity Management

c) Asset Liability Management

d) Asset Legislative Management

e) None of these

13. CPI stands for ___________

a) Credit Price Index

b) Capital Purchase Index

c) Customer Price Index

d) Consumer Price Index

e) None of these

14. LAF stands for _________

a) Liability Adjustment Facility

b) Loan Adequacy Facility

c) Liquidity Adjustment Facility

d) Liquidity Adequacy Facility

e) None of these

15. NPA stands for _________

a) Net Performing Asset

b) Non Programming Asset

c) Net Programming Asset

d) Non Performing Asset

e) None of these

Explanation:

1. Society for Worldwide Interbank Financial Tele communication

S – Society

Correct Answer is: e)

2. Financial Inclusion Network Operation

N – Network

Correct Answer is: b)

3. Credit Information Bureau of India Ltd

B – Bureau

Correct Answer is: c)

4. Credit Rating Information Services of India Ltd

R – Rating

Correct Answer is: c)

5. Benchmark Prime Lending Rate

P – Prime

Correct Answer is: d)

6. Banking Codes& Standard Board of India

C – Codes

Correct Answer is: c)

7. Real Time Gross Settlement

S – Service

Correct Answer is: a)

8. Non Banking Finance Companies

C – Companies

Correct Answer is: a)

9. Board for Industrial and Financial Reconstruction

I – Industrial

Correct Answer is: b)

10. Indian Financial System Code

C – Code

Correct Answer is: b)

11. Debt Recovery Tribunals

Correct Answer is: a)

12. Asset Liability Management

Correct Answer is: c)

13. Consumer Price Index

Correct Answer is: d)

14. Liquidity Adjustment Facility

Correct Answer is: c)

15. Non Performing Asset

Correct Answer is: d)

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