Assets
and Liabilities of Banks – Banking Awareness Quiz
Banking
awareness quiz on various topic viz., Bank Assets and Liabilities, Capitals and
Assets, Mutual Funds, KCC, GCC
1. Which of the followings
are assets of banks?
i. Loans and
Advances
ii. Bank Reserves
iii. Deposits of
Customers
iv. Investments
of Banks
v. External
Commercial Borrowings (ECB)
vi. Certificate
of Deposits (CD)
A) Only (i),
(ii), (iii) and (vi)
B) Only (ii),
(v) and (vi)
C) Only (i),
(ii) and (iv)
D) Only (v)
and (vi)
2. For a bank, employee
wages (salaries) are -
A) Assets of
bank
B) Liabilities
of bank
C) Both (a)
and (b)
D) None of
the above
Answer: B)
3. Which of the followings
provide maximum return to the banks?
A) Loans and
advances
B) Reserves
C) Investments
D) Deposits
of Customers
Answer: A)
4. Which of the following
is a type of intangible asset?
A) Land
B) Patents
C) Copyrights
D) Both (b)
and (c)
Answer: D)
5. Capital Assets are -
A) Funds to
run a business
B) Any assets
C) Assets
used to make money, or to run a business
D) Both (a)
and (c)
Answer: C)
6. Mutual Fund is set up
in the form of a trust. It consists -
A) Sponsor
B) Trustees
C) Asset
Management Company (AMC)
D) All of the
above
Answer: D)
7. Net Asset Value (NAV) /
bid value is -
A) Per unit
of the fund, calculated by AMC after every business day
B) Per unit
of the fund, excluding liabilities, calculated by AMC after every business day
C) Per unit
of the fund, calculated by Trustees, after every business day
D) None of
the above
Answer: B)
8. Which of the following
correctly represents NAV?
A) NAV =
current market value of (all assets - all liabilities) / no. of unit
outstanding shares
B) NAV =
current market value of all assets / no. of unit outstanding shares
C) NAV =
current market value of all assets
D) NAV =
current market value of (all assets - all liabilities)
Answer: B)
9. Kisan Credit Card (KCC)
is a credit cart exclusively for the farmers to provide them cash credit (CC)
facility without visiting bank repeatedly to ask for bank loans for
agricultural purpose. Who among the followings are eligible for KCC?
i. Individual
farmers
ii. Tenant
Farmers
iii. Share
croppers
iv. Self Help
Groups
v. Joint
Liability Groups
vi. Small
Industries
A) Only (i)
and (ii)
B) Only (i),
(ii) and (iii)
C) All except
(vi)
D) All (i to
vi)
Answer: C)
10. General Credit Card is
provided for -
A) Agricultural
activities
B) Non-farm
entrepreneurial activities
C) Fishery
activities
D) None of
the above
Answer: B)
