Banking Awareness Quiz: Abbreviations – 1

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1. S in SCC?
   1. Structured
   2. Systematic
   3. Selective
   4. Secure
   Answer

   Answer – 3.selective , Selective Credit Control
   
   
   
2. A in APC?
   1. Asset
   2. Association
   3. Annual
   4. Administered
   Answer

   Answer – 4. Administered , Administered Pricing Mechanism
   
   
   
3. F in AMFL?
   1. Fixed
   2. Finance
   3. Fund
   4. Flow
   Answer

   Answer – 3. Fund , Association of Mutual Funds in India
   
   
   
4. R in BSR?
   1. Refund
   2. Returns
   3. Risk
   4. Rate
   Answer

   Answer – Returns , Basic Statistical Returns
   
   
   
5. C in CMIS?
   1. Currency
   2. Credit
   3. Cheque
   4. Capital
   Answer

   Answer – 1. Currency , Currency Management Information
   System
   
   
6. B in ECB?
   1. Borrowings
   2. Bill
   3. Bank
   4. Balance
   Answer

   Answer – 1. Borrowings , External Commercial Borrowings
   
   
   
7. I in CPI?
   1.Investment
   2.Interest
   3.Index
   4. Income
   Answer

   Answer – 3.Index , Consumer Price Index
   
   
   
8. A in FERA?
   1. Authority
   2. Act
   3. Advisory
   4. Accounts
   Answer

   Answer – 2. Act , Foreign Exchange Regulation Act
   
   
   
9. S in IBPS?
   1. System
   2. Selection
   3. Service
   4. Switch
   Answer

   Answer – 2. Selection , Institute of Banking Personnel Selection
   
   
   
10. F in NFS?
    1. Financial
    2. Fund
    3. Foreign
    4. Fixed
    Answer

    Answer – 1. Financial , National Financial Switch