Financial Awareness Quiz

1.In NRE account, rate of interest is linked to

LIBOR Bank PLR RBI

2.In the money market operations , the item widely accepted is

Inter Bank Participation Certificate Certificate of Deposits Treasury Bills None of the above

3.To meet a significant increase in demand for bank credit, a bank may

Make use of excess reserves Borrow from other banks Borrow from the Reserve Bank of India All of the above

4."White Card” is a

Co-branded credit Card without logo of the issuer Credit Card wit logo of both issuer and sponsor Litchi Card issued i Uttaranchal Card used in football by the referee.

5.Under the Credit Guarantee Trust for Medium & Small Enterprises (CGTMSE), loans and advances to Educational Institution are

Covered Not covered CGTMSE is silent about covering the loans to Educational Institutions None of the above