Banking awareness quiz 62(On types of Banking)

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Q 1) What is an approach where banks undertake both commercial and industrial banking ?

Correspondent banking

Universal Banking

Branch Banking

Mixed Banking

Q 2) What is a form of banking when a small group of individuals control three or more banks which are independently chartered ?

Chain Banking

Charted banking

Relationship Banking

Narrow Banking

Q 3) What is very restricted form of banking, where the institution is not allowed to take risks by giving fresh loans to business ?

Unit Banking

Shadow Banking

Narrow banking

Virtual Banking

Q 4) What is the provision of accessing the banking and related services online without actually going to the bank branch/office in person ?

Retail Banking

Narrow banking

Virtual Banking

Universal Banking

Q 5) What refers to all the non-bank financial intermediaries that provide services similar to those of traditional commercial banks ?

Narrow banking

Branch Banking

Islamic Banking

Shadow Banking

Q 6) What is the concept where banking services are oriented towards mass welfare and financial inclusion of the poor and vulnerable segments of society ?

Welfare Banking

Social Banking

Universal Banking

People Banking

Q 7) What is a banking system in which banks provide a wide variety of financial services, including commercial and investment services ?

Universal banking

Shadow banking

Narrow Banking

Retail Banking

Q 8) What the provision of services by a bank to individual consumers, rather than to companies, corporations or other banks ?

Corporate Banking

Retail Banking

Universal banking

Social banking

Q 9) What is a profitable way of doing business by banks in foreign countries in which they don’t have physical presence or limited operational permissions ?

Whole sale banking

Relationship banking

Commercial Banking

Correspondent banking

Q 10) What is a system of banking wherein a bank operates in a limited area, does not open any branches in other places and is more responsive to local needs ?

Mixed banking

Branch Banking

Unit Banking

Chain Banking

Take More Banking Awareness Quizzes from below

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• Banking awareness quiz 63(On Bank Definitions-2)
• Banking awareness quiz 61(On Bank Definitions)

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