Banking Quiz !

10 Questions | By Taruniis | Updated: Mar 21, 2022 | Attempts: 1138

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The banking sector is one of the robust and fast growing in the finance industry. The need for debt and the management of cash and its equivalent ensures that it remains relevant. The quiz below tests on different banking concepts.

Questions and Answers

1.

Technology and retail banking are inseparable. Technology is the enabler for building and translating a customer data base into retail banking business. Such data are usable to
- A.
  
  Increase the scope for cross selling
- B.
  
  Increase the scope for up-selling
- C.
  
  Get clue about the level to which data base is organised
- D.
  
  All above
2.

Distinguish retail banking with corporate banking and state which is retail banking?
- A.
  
  Individuals segment/mass market/business to customer approach
- B.
  
  Wholesale clients/smaller segment/business to business approach
- C.
  
  High ticket size/high risk/low returns/monitoring less laborious high deposit cost
- D.
  
  Both (b) and (c)
3.

What special features are there in retail banking compared to wholesale banking?
- A.
  
  Low NPA impact
- B.
  
  Cost of deposits lesser
- C.
  
  Monitoring of advances less laborious
- D.
  
  Both (a) and (b)
4.

To which type of banking we get higher returns/lesser risk/cheaper cost of deposits/impact of NPA lesser/Low ticket size of loan etc?
- A.
  
  Wholesale banking
- B.
  
  Retail Banking
- C.
  
  B2B banking
- D.
  
  Corporate banking
5.

What is the latest level of technology in Public Sector Banks?
- A.
  
  Single Server environment
- B.
  
  ALPM
- C.
  
  Core banking solutions, single platform environment
- D.
  
  Truncation.
6.

Which implementation model banks adopt in retail banking processes?
- A.
  
  Horizontally organised model
- B.
  
  Vertically organised model
- C.
  
  Predominantly vertically organised model
- D.
  
  Anyone of above
7.

When the horizontal is adopted in retail banking
- A.
  
  Level of customer information available in a single platform
- B.
  
  Offering multiple products/services
- C.
  
  Offering services across assets, labilities and other services
- D.
  
  All of above
8.

When the vertically organised model provides functionality under retail banking-?
- A.
  
  Centralised customer data base
- B.
  
  Common informations availability to other models
- C.
  
  Scope for enlarging the scope for cross-selling and up selling
- D.
  
  All of the above
9.

Which concept of retail banking is adopted under standard norm by PSBs in India?
- A.
  
  Vertically organised model
- B.
  
  Horizontally Organised model
- C.
  
  Predominally vertically organised model
- D.
  
  Predominantly horizontally organised model
10.

What are the basic structure of retail banking?
- A.
  
  Retail Assets
- B.
  
  Retail Liability
- C.
  
  Third Party Products
- D.
  
  All above