Hello Aspirants,
Welcome to Banking Awareness Quiz in AffairsCloud.com. Here we are creating quiz covering important questions which are common for all the bank exams and other competitive exams.
- In FIMMDA, “I” stands for ______
A. International
B. Identification
C. Income
D. Issuer
E. None of these
Answer & Explanation
C. Income
Explanation:
FIMMDA – Fixed Income, Money Markets and Derivatives Association of India - In FEDAI, “E” stands for ______
A. External
B. Exchange
C. Earned
D. Enabled
E. None of these
Answer & Explanation
B. Exchange
Explanation:
FEDAI – Foreign Exchange Dealers Association of India - In CBLO, “L” stands for ______
A. Liability
B. Loan
C. Lender
D. Lending
E. None of these
Answer & Explanation
D. Lending
Explanation:
CBLO – Collateralised Borrowing and Lending Facility. - In FPI, “P” stands for _______
A. Percent
B. Profit
C. Portfolio
D. Prompt
E. None of these
Answer & Explanation
C. Portfolio
Explanation:
FPI – Foreign Portfolio Investors. - CCIL stands for _______
A. Clearing Council of India Limited
B. Clearing Corporation of India Limited
C. Clearing Centre of India Limited
D. Clearing Company of India Limited
E. None of these
Answer & Explanation
B. Clearing Corporation of India Limited
Explanation:
CCIL – Clearing Corporation of India Limited - In UTR Number, “U” Stands for ____
A. Universal
B. Unstructured
C. Unique
D. Uniformed
E. All of these
Answer & Explanation
C. Unique
Explanation:
UTR – Unique Transaction Reference - In EMV, E stands for ______
A. External
B. Exchange
C. Earned
D. Europay
E. None of these
Answer & Explanation
D. Europay
Explanation:
EMV – Europay Mastercard and Visa. - In MOTO, “M” stands for _______
A. Merge
B. Multi
C. Mail
D. Multiple
E. None of these
Answer & Explanation
C. Mail
Explanation:
MOTO – Mail Order Telephone Order - In PIN, “P” stands for _______
A. Permanent
B. Previous
C. Personal
D. Prompt
E. None of these
Answer & Explanation
C. Personal
Explanation:
PIN – Personal Identification Number - In CCP, “P” Stands for ____
A. Permanent
B. Policy
C. Personal
D. Prompt
E. None of these
Answer & Explanation
B. Policy
Explanation:
CCP – Cheque Collection Policy
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