Banking Awareness Test Questions

Q.  Which of the following is the correct definition of Hot Money?

a. This is the fund which is dumped into a country to get the advantage of a favourable interest rate
b. This is the fund which is provided by a bank in US $ at very short notice and at a very high rate of interest and for a longer period of repayment
c. This is the fund which is pushed into market through illegal methods
d. None of the above


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Which was the first bank to introduce Internet banking?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  What is the full form of FCCB?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  Which one of the following belongs to Bank Capitalization?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  What is the tagline of SBI?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  On which rate bases, overnight money is needed by bank from RBI?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  What is the full form of CBS?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  What does 'MAT' stand for?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  Which was the first bank to introduce credit card in India?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  Which is the largest public sector bank in India?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  Which is the largest private sector bank in India ?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  Punjab National Bank was established in ________.
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  Imperial Bank of India was nationalised in _______.
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  What type of tax has been abolished with a CESS in this budget 2015-16?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  Under which act, Yoga was included in the ambit of charitable purposes as announced in the Union Budget 2015-16?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  On which day the New Development Bank (NDB) floated by the BRICS nations, including India started its operations at its headquarters in Shanghai?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  On 21st July’15 the Supreme Court rejected plea of applicants for OBC status in Bank PO exam. The applicants belong to which community?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  Who cancelled Sahara Mutual Fund license on 28th July’15?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  With which bank, the Government of India on 28th July’15 signed a $300 million loan to support the government’s flagship program, the National Urban Health Mission (NUHM)?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  Which of the following banks has launched the India's first mortgage guarantee-backed home loan product ‘Extraa Home Loan’?
Category: Banking Exam Questions,   Published by: T-Code Scripts
MCQs:  Name the micro finance company that becomes the first to start operation as a commercial bank?
Category: Banking Exam Questions,   Published by: T-Code Scripts