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601 practice sets · Page 1 of 31
What is the full form of "IBS"?
Institute of Banking State
Investment By Shares
International Banking Statistics
Indian Business Services
Correct Answer: C — International Banking Statistics
Explanation:
No explanation provided
What is the full form of "CBI"?
Common Bank of India
Culinary bank of India
Credit Based Investment
Central Board for Industrialisation
Correct Answer: A — Common Bank of India
Explanation:
No explanation provided
What is the full form of "STD"?
Short Term Deficit
Simple and Tranparent Deposit
Special Deposit Data
Short Term Deposit
Correct Answer: D — Short Term Deposit
Explanation:
No explanation provided
What is the full form of "PCARDB"?
Proof on Condition of Anonymity and Deficit Business
Profit by Capitalisation and Revised Deposit Basis Points
Profit and Recap Deposit Binding
Primary Cooperative Agriculture and Rural Development Bank
Correct Answer: D — Primary Cooperative Agriculture and Rural Development Bank
Explanation:
No explanation provided
What is the full form of "UBB"?
Unified Banking Business
Uniform Balance Book
United Bureau of Banking
Undivided Broking Balance
Correct Answer: B — Uniform Balance Book
Explanation:
No explanation provided
What is the full form of "LBD"?
Lease by Deduction
Live Broadcasting Dealer
Land Development Bank
Loan by Divulge
Correct Answer: C — Land Development Bank
Explanation:
A land development bank abbreviated LDB, is a special kind of bank in India, and is of quasi-commercial type that provides services such as accepting deposits, making business loans, and offering basic investment products. The main objective of the LDB is to promote the development of land, agriculture and increase the agricultural production. The LDB provides long-term finance to members directly through its branches.
What is the full form of "FRB"?
Fiscal Relaxable Basis
Federal Regional Bank
Form or Balance Sheet
Federal Reserve Bank
Correct Answer: D — Federal Reserve Bank
Explanation:
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913.
What is the full form of "CD"?
Current Directory
Control Data
Certificate of Deposit
Compact Drive
Correct Answer: C — Certificate of Deposit
Explanation:
A certificate of deposit (CD) is a product offered by banks and credit unions that provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time. Almost all consumer financial institutions offer CDs, although it's up to each bank which terms it wants to offer, how much higher the rate will be compared to the bank's savings and money market products, and what penalties it applies for early withdrawal.
What is the full form of "FFA"?
Financial Federation of Asia
Fiscal Flat Assesment
Federal Financial Assistance
Financial Flyer Administration
Correct Answer: C — Federal Financial Assistance
Explanation:
Federal financial assistance means assistance in the form of any grant, loan, or contract (other than a contract of insurance or guaranty). This includes use of equipment, donations of surplus property, and other forms of assistance.
What is the full form of "CMP"?
Current Market Price
Certified Meeting Professional
Conversion for Multiple Projects
Civilian Marksmanship Program
Correct Answer: A — Current Market Price
Explanation:
No explanation provided
What is the full form of "BIS"?
Business Intelligence and Solutions
Bank of Information Services
Bureau of Indian Standards
Business Integrated solution
Correct Answer: B — Bank of Information Services
Explanation:
No explanation provided
What is the full form of "CDBS"?
Committee of Direction on Banking Statistics
Consolidated Data Base Search
Central Data Base System
Consolidated Database System
Correct Answer: A — Committee of Direction on Banking Statistics
Explanation:
No explanation provided
What is the full form of "FDI"?
For Dividend and Interest
Final Debit Investment
Fixed Deposit Income
Frequently Developed Incentives
Correct Answer: C — Fixed Deposit Income
Explanation:
No explanation provided
What is the full form of "UIC"?
Unique Identification Code
Urban Industrial Code
User Installment Code
Union Code of India
Correct Answer: A — Unique Identification Code
Explanation:
No explanation provided
What is the full form of "LAS"?
Linear Accountability Service
Live Account Status
Loan & Advances by States
Line of Actual Service
Correct Answer: C — Loan & Advances by States
Explanation:
No explanation provided
What is the full form of "CBS"?
Central Bureau of Statistics
Central Bureau for Statistics
Central Banking Solution
Core Banking Solution
Correct Answer: D — Core Banking Solution
Explanation:
Core Banking Solution (CBS) is the networking of bank branches, which allows customers to manage their accounts, and use various banking facilities from any part of the world. In simple terms, there is no need to visit your own branch to do banking transactions. You can do it from any location, any time.
What is the full form of "CCB"?
Chennai Co-operative Bank
Cash Credit Base
Central Co-operative Bank
Credit Confirmation Base
Correct Answer: C — Central Co-operative Bank
Explanation:
Central Cooperative Bank founded on 28 March 1991 is a universal commercial bank in Sofia, Bulgaria, belonging to the financial structure of CCB Group. It is listed on the Bulgarian Stock Exchange.
What is the full form of "CC"?
Credit Card
Central Co-operative
Cash Credit
Country Club
Correct Answer: C — Cash Credit
Explanation:
Cash credit is a facility to withdraw money from a current bank account without having credit balance but limited to the extent of borrowing limit, which is fixed by the commercial bank. The interest in this facility is not charged on the borrowing limit, which is given by the bank but on the daily closing balance.
What is the full form of "BBR"?
Bureau of Regional Banking
Bank Base Rate
Banking Base Ratio
Bankers Broadcast Resource
Correct Answer: B — Bank Base Rate
Explanation:
BBR stands for Bank Base rate. Base rate is the minimum rate set by the Reserve Bank of India below which banks are not allowed to lend to its customers.
What is the full form of "BOI"?
Board of Investigation
Board of Investments
Bank of India
Business Object Interface
Correct Answer: C — Bank of India
Explanation:
Bank of India (BOI) is an Indian nationalised bank. It is under the ownership of Ministry of Finance, Government of India with headquarters in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969. BoI is a founder member of SWIFT (Society for Worldwide Inter Bank Financial Telecommunications), which facilitates provision of cost-effective financial processing and communication services.
