SIDBI | BANKING AWARENESS QUIZ - 1

1-  Which  was the first bank purely managed by Indians?

2- Name the four subsidiares of RBI.

3-  The  official interest rate at which RBI  provides  loans to the banking system which include  commercial / cooperative banks, development banks etc. is known as?

4- What are the three pillars of BASEL 3 Norms?

5- Those amounts due to vendors or suppliers that must be paid within one year is known as ___________ ?

6- _____ is the rate of interest which is levied on Short-Term loans taken by commercial banks from RBI.

7- _________ is the amount a commercial bank needs to maintain in the form of cash, or gold or government approved securities (Bonds) before providing credit to its customers.

8- Reserve Bank of India was nationalized in which year?

9- _________ is the amount of cash funds that the banks have to maintain with RBI.

10- SEBI is a _________ body.


VRINDA !!


ANSWERS:-

1- Oudh Commercial Bank
2- Deposit Insurance and Credit Guarantee Corporation, (DICGC); National Housing Bank; Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) and NABARD.
3- Bank rate
4- Minimum capital standards,  Supervisory review and  Market discipline.
5- Accounts Payable
6-Repo rate
7- SLR (Statutory Liquidity Ratio)
8- 1949
9- Cash Reserve Ratio (CRR)
10- Statutory body