Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-4

  • question_answer
    The term 'CASA' is used in which of the following industries?

    A)  Machine Manufacturing

    B)  Travel and tourism

    C)  Textile Industry

    D)  Software Industry

    E)  Banking and Finance

    Correct Answer: E

    Solution :

     CASA stands for Current and Savings Account ratio which is used in the banking and financial sector. It is the ratio of deposits in the current and savings accounts of a bank to its total deposits. A high CASA ratio indicates that a higher portion of the bank's deposits come from current and savings accounts. This means that the bank is getting money at low cost.


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