Banking Awareness Quiz Solutions

Q1. (b) Mismatched notes
Q2. (c) Blank endorsement
Q3. (d) Lending done by Banks/Fls to customers not meeting with normally required credit appraisal standards
Q4. (b) Baroda Sun
Q5. (b) Consumer Durables Loan
Q6. (b) A cheque which has completed three month from its date of issue
Q7. (a) As nomination will come into effect only after death of the depositor, bank will not allow.
Q8. (c) Making the security of immovable property available as a cover for a home loan by the borrower
Q9. (d) Home Loans
Q10.(a) To contain volatility in the overnight inter-bank rates