Banking financial awareness Practice Questions & Answers

Match the following. Term Meaning  1. Globalisation   a. Process of reducing or removing restrictions on international trade.  2. Privatisation   b. Process of interaction and integration among

Match the following.

HDFC in HDFC bank stands for ________.

HDFC in HDFC bank stands for ________.
1). Housing Department of Finance Company
2). Housing Development Finance Corporation
3). Higher Development Finance Corporation
4). Housing Development Finance Company

Under the new RBI rules, banks will have to file for insolvency proceedings against loan defaulters with ________ crore or more if a resolution plan is not implemented within 180 days of the initial occurrence of the default.

Under the new RBI rules, banks will have to file for insolvency proceedings against loan defaulters with ________ crore or more if a resolution plan is not implemented within 180 days of the initial occurrence of the default.
1). Rs 200
2). Rs 2,000
3). Rs 1,500
4). Rs 1,000

Which among the following is not an account under Balance of Payment? 

Which among the following is not an account under Balance of Payment? 

Chairman of 14th Finance Commission was ________.

Chairman of 14^th Finance Commission was ________.
1). A.M. Khusro
2). Dr. C.Rangarajan
3). Dr. Vijay Kelkar
4). Y.V. Reddy

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