1. What is an open Market Operations?
Answer : An open market operation is an instrument of monetary policy which involves buying or selling of government securities from or to the public and banks
2. Define Endorsement?
Answer : When a Negotiable Instrument contains, on the back of the instrument an endorsement, signed by the holder or payee of an order instrument, transferring the title to the other person, it is called endorsement
3. Is there any minimum and maximum cash withdrawal limit per day?
Answer : Yes broadly the withdrawal limits are set by the card issuing banks. This limit is displayed at the respective ATM locations.
4. What is the full form of NPS?
National Pension Scheme
5. NBFC deals in?
Answer : Providing banking services
6. Who is the author of the book My years with Rajiv and Sonia?
Answer : R.D. Pradhan
7. The Mutual funds in India follow accounting standards
Answer : SEBI
8. laid by? Interest on savings account is calculated on which basis?
Answer : Daily basis
9. What is the full form of IFSC?
Answer : Indian Financial System Code
10. SBI launched minor a/c for childern above 10 years named as?
Answer : PehliUdaan
11. Mutual funds regulated by?
Answer : SEBI
Answer : SEBI
12.Full form of GSLV?
Answer : Geo Synchronous Launch Vehicle
13. HDFC erdo is which type of company?
Answer : General Insurance Company
Answer : General Insurance Company
14. There are how many digits in MICR?
Answer : 9
15. What is recession?
Answer : A period of temporary economic successive quarters
16. decline, generally identified by a fall in GDP in two BSBDA stands for?
Answer : Basic Savings Bank Deposit Account
17. RBI established and nationalized in?
Answer : Established in 1935, Nationalized in 1949
