Banking awareness quiz 64(On Bank Definitions-3)

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Q 1) Bank X has an account with Bank Y in Bank Y's home currency , Then bank X has what kind of account with bank Y ?

NRO Account

Vostro Account

FEMA account

Nostro account

Q 2) Bank X has an account with Bank Y in Bank Y's home currency , Then bank Y has what kind of account with bank X ?

Vostro Account

NRE Account

FEMA Account

Nostro account

Q 3) What is the loan with no interest or a below-market rate of interest ?

Bullet Loan

Hard Loan

Soft loan

Term Loan

Q 4) What is the loan which requires the entire payment of the principal at the end of the loan term, instead of in regular installments ?

Hard Loan

Soft loan

Bullet Loan

EMI Loan

Q 5) What is a short-term, high-interest loan that provides a quick source of cash for commercial , corporates or individual needs ?

Hard loan

Commercial Loan

Corporate Loan

Bridge loan

Q 6) What is a structured programme though which the bank offers short term working capital facilities to the supply chain stake holders i.e. buyer and the supplier ?

Bank financing

Channel financing

Dealer financing

Inventory financing

Q 7) What is a medium of payment recognized by a legal system to be valid for meeting a financial obligation ?

Legal Tender

Financial Pay

Valid payment

Valid tender

Q 8) What is important for measuring the rate at which money in circulation is used for purchasing goods and services ?

Consumer price index

Velocity of money

Accelration of money

Supplier price index

Q 9) What are long-term loans that can be taken out by corporations and repayable on a fixed date with fixed rate of interest ?

G-secs

T-Bills

Commerical papers

Debentures

Q 10) If someone invests in the _____ of a company then they will become equity holder and gets ownership with company .

Bonds

Debentures

shares

Commercial papers

Take More Banking Awareness Quizzes from below

• Banking awareness quiz 66(On Important Acts in india)
• Banking awareness quiz 65(On Bank Definitions-4)
• Banking awareness quiz 63(On Bank Definitions-2)
• Banking awareness quiz 62(On Types of Banking)
• Banking awareness quiz 61(On Bank Definitions)

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