Category Archives: Banking Awareness

Budgetary Deficit

When there is a difference between all receipts and expenditure of the Government of India both capital and revenue it is called- (a) Revenue Deficit (b) Budgetary Deficit (c) Zero… Read more »

Ultra Small Branches

1.For expanding access to banking services, the RBI has advised banks to open branches with minimum infrastructure support of 8 to 10BC units at a reasonable 3-4km. Such branches are… Read more »

Direct Bank

1.What is the term for a bank without any branch network that offers its services remotely? (a) Internet only Banks (b) Direct Bank (c) Lending Institution (d) Indirect Bank (e)… Read more »

Traditional Economy

1.A type of economy that still uses various means of social support, is called- (a) Capitalist Economy (b) Mixed Economy (c) Socialist Economy (d) Traditional Economy (e) None of the… Read more »