Banking quiz: set 30

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1. ____________is mainly used by the banks to meet their temporary requirement of cash
a. Commercial Papers
b. Certificate of Deposits
c. Treasury bills
d. Call money
e. None of these
2. The maturity period of call money is ___________
a. 1 – 7 days
b. 1 – 14 days
c. 1 – 21 days
d. 1 – 30 days
e. None of these

3. The rate at which call money is made available is called as ________
a. Interest rate
b. Bank rate
c. Call rate
d. Bill rate
e. None of these
4. Treasury bills which are promissory notes or financial bills issued by __________
a. Reserve Bank of India
b. SEBI
c. IRDAI
d. State Government
e. None of these

5. How many types of treasury bills are there?
a. One
b. Three
c. Four
d. Five
e. None of these
6. The Government of India, in consultation with the RBI, decided to issue a new short-term instrument, known as ___________
a. Commercial Papers
b. Certificate of Deposits
c. Treasury bills
d. Call money
e. None of these
7. The maturity period of Cash Management Bills range from as low as 14 days to as high as ________
a. 364 days
b. 182 days
c. 91 days
d. 45 days
e. None of these
8. The Cash Management Bills (CMBs) have the generic character of T-bills but are issued for maturities less than _______
a. 364 days
b. 180 days
c. 120 days
d. 91 days
e. None of these
9. The certificate of deposits is issued by ___________
a. Reserve Bank of India
b. Commercial Banks
c. Central Government
d. State Government
e. None of these
10. Certificate of deposits are worth the value of __________
a. 1 lakh
b. 5 lakh
c. 10 lakh
d. 20 lakh
e. None of these
ANSWER :-

1)d. Call money

2)b. 1 – 14 days

3)c. Call rate

4)a. Reserve Bank of India

5)e. None of these
6)c. Treasury bills

7)a. 364 days

8)d. 91 days

9)b. Commercial Banks

10)a. 1 lakh