banking, security market & insurance section 4 MCQ Questions & Answers Detailed Explanation

Question : 1

‘MobiKwik’ is the name of a

a) White Label ATM entity

b) Online shopping portal

c) Mobile wallet and online payment system

d) Brown Label ATM entity

Question : 2

The Indian Coins are minted at the four Indian Government Mints, which of the following is ‘not’ one of them?

a) India Government Mint, Noida (Uttar Pradesh)

b) India Government Mint, Hyderabad (Telangana)

c) India Government Mint, Nasik (Maharashtra)

d) India Government Mint, Kolkata (West Bengal)

Question : 3

SMERA Limited, a popular body in the financial world, is a full service

a) Credit Information Bureau

b) Asset Management Company

c) Asset Financing Company

d) Credit Rating Agency

Question : 4

Which of the following banks is the World’s largest bank by assets?

a) BNP Paribas

b) Industrial and Commercial Bank of China (ICBC)

c) Bank of America

d) Bank of China

Question : 5

The alphabet ‘D’ in the abbreviation ‘NDTL’, commonly used in banking world, stands for

a) Debt

b) Debenture

c) Demand

d) Deposit

Question : 6

Consider the following statements in regard to ‘RESIDEX’:

1. The index is prepared to track the prices of residential properties in India on the basis of actual transaction prices.
2. The index is prepared from the secondary data available from various sources like housing, finance companies and banks.

a) Both 1 and 2

b) 2 only

c) 1 only

d) Neither 1 nor 2