Question 1

NPA stands for …………………………………………….

Accepted Answer

A)  Net profit Assessment
B)  None Performing Asset
C)  Non Participating Asset
D)  None of theseE) All of the above
F) A) and B)

Question 2

………………………………………….means to make good the actual loss and nothing more than the actual loss

Accepted Answer

A)  Indemnity
B)  Subrogation
C)  Contribution
D)  NoneE) B) and C)
F) A) and D)

Question 3

When did RBI introduced lead banks schemes

Accepted Answer

A)  1969
B)  1968
C)  1967
D)  1966E) A) and C)
F) B) and D)

Question 4

Name the banking facility of 24 hours based on the voice processing facility available with bank computers

Accepted Answer

A)  Tele banking
B)  Internet Banking
C)  ATM
D)  Core BankingE) B) and C)
F) A) and D)

Question 5

Name the electronic machine which is operated by the customer to make deposits and withdraws

Accepted Answer

A)  Cash vending machine
B)  ATM
C)  POS Terminal
D)  Payment gatewayE) A) and C)
F) A) and B)

Exam 5: Banking and Insurance

NPA stands for …………………………………………….