GK Insurance quiz

1."Working Capital Gap " means

Excess of current assets over current liabilities other than bank borrowings Excess of current assets over current liabilities including WCTL Excess of current assets over current Liabilities None of the above

2.By "Repository” we mean

Balance held in non-currency chest branch Same as currency chest a part of Currency Chest None of the above

3.Code of Bank's Commitment deals with our commitments in the area of

Sanction of advances Steps taken against Frauds Standard Banking practices in customer services None of the above

4.Currency Chest is the property of

State Bank of India Government of India Reserve Bank of India None of these

5.Which of the following rates decided by the RBI is called "Policy Rate "?

Lending Rate Cash Reserve Ratio Bank Rate Deposit Rate