Questions Related to Banking- 1

1>     The first Indian Bank to open a branch outside India in London in 1946--  Bank Of India

2>     Coins are minted at--  Mumbai, Hyderabad, Noida, Kolkata

3>     The new capital adequacy framework prescribed for the banks is commonly known as--  Basel Accord

4>     Expand the term FRBM--   Fiscal Responsibility and Budget Management

5>     What is an Indian Depository Receipt--  An Instrument in the form of depository receipt created by an Indian Depository against underlying equity shares of the issuing company

6>     Land Development Bank form a part of the--  Co-operative Credit Structure

7>     The minimum number of women required for formation of women groups under development of women and children in Rural Areas Programme is--  10

8>     What is the full form of FINO, a term we see frequently in financial newspapers--  Financial Investment Network and Operations

9>     The new ATM, can deliver lower denomination notes such as--  10, 20, and 50

10> Which bank is limited to the needs of agriculture and rural finance--  NABARD

11> Open-market operations of RBI refer to--  Trading in Securities

12> ‘Data warehousing and business intelligence system for analysis of data and identification of violations’ tool has introduced by--  SBI (State Bank of India)

13> The RBI hiked the limit for foreign investment  in Asset Reconstruction Companies (ARCs) from the earlier Cap of 49 percent to--  74%

***