Banking awareness quiz 16

Banking awareness quiz
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Q 1)Uncolsed deposits and inoperative deposits more than 10 years will be transferred to DEAF ,What is the fullform of DEAF ?

Depositer education and awareness fund
Depositer education and accontable fund

Detailed education and awareness fund
Depositer environment and awareness fund

Q 2)Which of the following is false ?

If the policy rates of RBI decreased then G.D.P of India will increased

Under DRI scheme,1 % of the previous years advances should be given @ 4 % to the poorest in the society by banks

The difference between governent expenditure and revenue is known as fiscal deficit

Asset reconstruction comapanies have to pay upfront of 10 % to banks

Q 3)If bank offers slightly lower rate in initial years and high rate in later years ,Then the loan is known as ______ ?

mortgauge loan
house loan
Teaser loan
vehicle loan

Q 4)The holidays for the banks are declared as per____________?

Banking regulation Act ,1949
Negotiable instruments Act ,1881
Nationalisation act ,1969
RBI act,1934

Q 5)Which bank had introduced ATM for the first time in india ?

SBI
HSBC bank
ICICI bank
AXIS bank

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