Banking Marketing Aptitude Economics Question Bank

done Economic Glossary and Acronyms Total Questions - 7

• question_answer1)
  Equity schemes managed strong NAV gains, which boost their assets' was a news in some financial newspapers. What is the full form of the term NAV as used in above headlines?                                                  (Corp. Bank 2009)
  A)
  Nil Accounting Variation        done clear
  B)
  Net Accounting Venture done clear
  C)
  Net Asset VALUE done clear
  D)
   None of these done clear
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• question_answer2)
  What is the full form of the term NPA as used in banking environment?                                              (SBI, PO. 2010)
  A)
   Not profitable assets             done clear
  B)
   New potential Accounts done clear
  C)
   Nonperforming assets       done clear
  D)
   Net performing assets done clear
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• question_answer3)
  What is the full form of NBFC as used in the Financial Sector?
  A)
   New Banking Finance Company done clear
  B)
   National Banking and Finance Corporation done clear
  C)
   National Banking Finance & Credit done clear
  D)
   None of these done clear
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• question_answer4)
  What is the full form of FCCBs-                                                              [Corporation Bank P.O. 2010]
  A)
   Foreign currency convertible Bonds done clear
  B)
   Foreign convertible credit Bonds    done clear
  C)
   Future credit and currency Bureau done clear
  D)
   All of these       done clear
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• question_answer5)
                           What is the full form of MAT?
  A)
   Maximum Alternative Tax       done clear
  B)
   Minimum Alternative Tax done clear
  C)
   Minimum Affordable Tax        done clear
  D)
   None of these (Corp. Bank 2010) done clear
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• question_answer6)
  What is the full form of ULIP?
  A)
   Universal life and Investment plan done clear
  B)
   Unit Loan and Insurance plan done clear
  C)
   Uniformly loaded investment plan done clear
  D)
   Unit linked insurance plan  done clear
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• question_answer7)
                              Which of the following is the full form of the abbreviation 'IFRS" as used in corporate/finance sector?                                                                                                         [Syndicate Bank PO- 2010]
  A)
   Indian Financial Reconciliation standards done clear
  B)
   Interpretation & Formal reporting system done clear
  C)
   International Financial Reporting standards done clear
  D)
    International Finance Reporting system done clear
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