In which of the following types of banking, there is a direct execution of transactions between a bank and its consumers?

In which of the following types of banking, there is a direct execution of transactions between a bank and its consumers? [A]Retail banking [B]Universal Banking [C]Virtual Banking [D]Unit Banking Show Answer Retail banking When there is a direct execution of transactions between a bank and its consumers, rather than with corporations or other banks, then ..

Question Category: Banking Awareness • Banking Industry Structure in India

Which of the following is the first financial institution of India that adopted the Universal Banking System?

Which of the following is the first financial institution of India that adopted the Universal Banking System? [A]ICICI [B]SBI [C]IDBI [D]None of the above Show Answer ICICI Universal banking is a one-stop shop of financial products and services. The Industrial Credit and Investment Corporation of India Limited (ICICI) is the first financial institution of India ..

Question Category: Banking Awareness • Banking Industry Structure in India

Which among the following types of Banking is most helpful in cross selling?

Which among the following types of Banking is most helpful in cross selling? [A]Virtual Banking [B]Relationship Banking [C]Wholesale Banking [D]Personal Banking Show Answer Relationship Banking Relationship banking is a banking system in which banks make deliberate efforts to understand customer needs and offer him products accordingly.

Question Category: Banking Awareness • Banking Industry Structure in India

In terms with Banking Sector, Anywhere Banking refers to __:

In terms with Banking Sector, Anywhere Banking refers to __: [A]The customer can deposit/ withdraw cash at any branch other than the branch in which he holds the account [B]The customer can deposit/ withdraw cash at any bank other than the bank in which he holds the account [C]The customer can deposit/ withdraw cash in ..

Question Category: Banking Awareness • Banking Industry Structure in India

Which country has largest shadow banking market in the world?

Which country has largest shadow banking market in the world? [A]China [B]UK [C]Netherland [D]USA Show Answer USA Shadow banking refers to the activities of financial institutions that operate outside government-regulated banking systems. United States has the largest shadow banking market followed UK and China.

Question Category: Banking Awareness • Banking Industry Structure in India