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MoneyBytes Weekly Quiz #4

What is the full form of ASBA?
Applications Supported by Blocked Assets
Applications Supported by Brokerage Assets
Applications Supported by Brokerage Amount
Applications Supported by Blocked Amount
Which banks were issued universal banking licenses in 2014?
IDFC and Bandhan Bank
Paytm and PhonePe
Reliance & Airtel
HDFC and ICICI
How many stocks are there in the BSE index - Sensex?
50
30
100
70
Which was the first Mutual Fund house in India?
Unit Trust of India(UTI)
State Bank of India(SBI) Mutual Fund
Zurich Mutual Fund
Taurus Mutual Fund
What is the function of Banking Ombudsman?
Regulator of all banks
To monitor high value banking transactions
To redress customer complaints against deficiency in certain banking services
To resolve disputes between banks
Who said "Compound Interest in the 8th Wonder of the World"?
Warren Buffet
Raghuram Rajan
Albert Einstein
Charlie Munger
Which country had issued the highest denomination bank note in the world?
Iran
USA
Singapore
Zimbabwe
In India, any individual or company can collect deposits from investors and pay interest to them.
True
False
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