Quiz on banking terminologies

1.The total amount of money available in an economy at a particular point in time.
a. M1
b. M2
c. M0
d. M3

2. A financial ratio that measures the company’s ability to pay their debts.
a. DSCR
b. DCSR
c. DDSR
d. DCCR

3. A measure of liability of pension plan of an organisation and is calculated when the pension plan is     terminated is termed as.
a. Accelarated benefit obligation
b. Accumulated benefit obligation
c. Accelarated benefit organization
d. Accumuated benefit organiztion


4. A type of loan where the rate of index is calculated on the basis of the previously selected index         rate.
a. Adjustable rate mortgage
b. Adjusted net bank credit 
c. Electronic clearing facility 
d. Adjustable rate bank facility


5. OSMOS full form 
a. Off-site Monitoring and Surveillance System.
b. On-site Monitoring and Surveillance System.
c. On-site Moniter and security system
d. Off-site multiple and servicing system


6. A type of reserve fund which is used to handle unexpected debts that are
    outside the range of the usual operating budget.
a. Retail fund
b. Mutual fund
c. Contigency fund
d. Equity Fund


7. The institute for identification and analyses of policies for meeting the food needs of the                     developing world.
a. International Food Policy Research Institute.
b. International Food Privacy Research Institute.
c. International Fund Policy Research Institute.
d. International Food product and research Institute.


8. The process of stopping the flow of the physical cheque issued by a drawer
    to the drawee branch is termed as
a. Transformation
b. Clearification
c. Truncation
d. Recouncillation

9. A Depository Receipt (DR) is a type of
a. Negotiable (transferable) financial instrument that is traded on a local stock exchange of a country       but represents a security, usually in the form of equity that is issued by a foreign publicly listed           company.
b. Negotiable (transferable) financial instrument that is traded on a stock exchange of a foreign               country but represents a security, usually in the form of equity that is issued by a foreign publicly       listed company.
c. Negotiable (transferable) financial instrument that is traded on a local stock exchange of a country       but represents a security, usually in the form of equity that is issued by a local publicly listed               company.
d. Receipt given by a depository participant of a depository.


10. The main function of an Asset Management Company is to:
a. Hold the securities of various schemes
b. Manage the funds by making investments in various types of securities
c. Hold its property for the benefit of the unit holders
d. all the above

Answer -

1.d
2. a
3. b
4. a
5. a
6. c
7. a
8. c
9. a
10. b
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