Banking Quiz Banking Quiz 1 November 25, 2011February 16, 2012 hari babu seo trainer Banking Quiz 1 1. Which of the following cannot be securitized?Future billings for an airlineFuture rentals of a fishing boatDemand drafts received by the banker during clearingHire purchase receivables2. Which of the following is not the service provided by the Small Industries Service Institute?Financial supportProviding entrepreneurship development programsExport promotion and liaison activitiesDevelopmental efforts3. Which of the following is a function of the agent bank relating to flow of money in the process of loan syndication?Receiving notices relating to transfers of banksReceiving notices relating to cancellation of any part of the loanReceiving the fee from the borrower and distributing among the participating banksCalling of loans in the event of default4. Which of the following is not shown as an asset in the balance sheet of a Bank?BorrowingsInvestmentsCash balances with other banksAdvances5. The important condition for granting license of banking companies is?The banking company can undertake business other than banking with the permission of annual general bodyBanking company need not plan to pay for future depositorsThe business undertaken by the banking company should not frustrate the interest of publicBanking company can plan for its capital structure once the license is granted6. Service Area Approach (SAA) is associated with?Development banksRural and Semi-urban branches of commercial banksBranches of commercial banks situated in metro citiesUrban branches of commercial banks7. Which of the following is the parameter to recognize the SSI unit as sick unit?Lack of updating in technological developmentThe erosion in the net-worth due to accumulated losses is up to 25% of its net worth during the previous account yearThe unit should have been in commercial production for at least five yearsThe erosion in the net-worth due to accumulated losses is up to 50% of its net worth during the previous account year8. The credit policy of a bank does not consist of?advertising of loan productsLending policiesLoan product mixQuality control9. Who of the following is not a party to the IPO?Registrar of CompaniesRegistrar of IssueAdvertisement AgencyInvestment Banker10. Which of the following statements is true?A license to open a branch is issued by the Reserve Bank of India under the provisions of Banking Regulation Act, 1949The license to open branches of bank is granted by Board of Directors of that BankA license to open a branch is issued by the Central GovernmentThere is no need of licenses to open branch of a bank
