📝 Banking Terminology Quiz for IBPS Banking Exams

Test your knowledge about banking terms, abbreviations, and financial jargon commonly used in banking operations and financial markets. This quiz covers essential banking vocabulary for IBPS exams.

🎯 Quiz Overview

Quiz Details

• Total Questions: 25
• Time Allotted: 18 minutes
• Difficulty Level: Medium
• Topics Covered: Banking terms, financial abbreviations, economic jargon

Key Topics

• Banking abbreviations and acronyms
• Financial market terms
• Economic indicators
• Banking operation terms
• Regulatory terminology
• International financial terms

📝 Start the Quiz

📚 Study Material for Banking Terminology

Common Banking Abbreviations

Regulatory Bodies

• RBI: Reserve Bank of India
• SEBI: Securities and Exchange Board of India
• IRDAI: Insurance Regulatory and Development Authority of India
• PFRDA: Pension Fund Regulatory and Development Authority
• NABARD: National Bank for Agriculture and Rural Development
• SIDBI: Small Industries Development Bank of India

Banking Operations

• ATM: Automated Teller Machine
• NEFT: National Electronic Fund Transfer
• RTGS: Real-Time Gross Settlement
• IMPS: Immediate Payment Service
• UPI: Unified Payments Interface
• KYC: Know Your Customer
• AML: Anti-Money Laundering
• EMI: Equated Monthly Installment

Banking Products

• FD: Fixed Deposit
• RD: Recurring Deposit
• PPF: Public Provident Fund
• NPA: Non-Performing Asset
• CRR: Cash Reserve Ratio
• SLR: Statutory Liquidity Ratio
• PLR: Prime Lending Rate
• BPLR: Benchmark Prime Lending Rate

Financial Market Terms

Stock Market

• IPO: Initial Public Offering
• FPO: Follow-on Public Offering
• Sensex: Sensitive Index (BSE)
• Nifty: National Stock Exchange Fifty
• DMAT: Dematerialized Account
• IPO: Initial Public Offering
• FPO: Follow-on Public Offering
• Rights Issue: Issue of shares to existing shareholders

Mutual Funds

• NAV: Net Asset Value
• SIP: Systematic Investment Plan
• ELSS: Equity Linked Savings Scheme
• AUM: Assets Under Management
• ETF: Exchange Traded Fund
• FMP: Fixed Maturity Plan
• ULIP: Unit Linked Insurance Plan

Economic Indicators

GDP and Related Terms

• GDP: Gross Domestic Product
• GNP: Gross National Product
• NDP: Net Domestic Product
• NNP: Net National Product
• GNP: Gross National Product
• Per Capita Income: Income per person
• Fiscal Deficit: Difference between revenue and expenditure
• Current Account Deficit: Difference between imports and exports

Inflation and Interest Rates

• WPI: Wholesale Price Index
• CPI: Consumer Price Index
• IIP: Index of Industrial Production
• Repo Rate: Rate at which RBI lends to banks
• Reverse Repo Rate: Rate at which RBI borrows from banks
• Bank Rate: Rate for rediscounting bills
• MSF: Marginal Standing Facility
• LAF: Liquidity Adjustment Facility

International Financial Terms

International Organizations

• IMF: International Monetary Fund
• World Bank: International Bank for Reconstruction and Development
• WTO: World Trade Organization
• ADB: Asian Development Bank
• AIIB: Asian Infrastructure Investment Bank
• BRICS: Brazil, Russia, India, China, South Africa
• G20: Group of Twenty
• SAARC: South Asian Association for Regional Cooperation

International Banking

• IBRD: International Bank for Reconstruction and Development
• IDA: International Development Association
• IFC: International Finance Corporation
• MIGA: Multilateral Investment Guarantee Agency
• BIS: Bank for International Settlements
• SWIFT: Society for Worldwide Interbank Financial Telecommunication

Banking Technology Terms

Digital Banking

• NPCI: National Payments Corporation of India
• BHIM: Bharat Interface for Money
• AEPS: Aadhaar Enabled Payment System
• UPI: Unified Payments Interface
• BBPS: Bharat Bill Payment System
• e-KYC: Electronic Know Your Customer
• m-Banking: Mobile Banking
• e-Banking: Electronic Banking

Security Terms

• PIN: Personal Identification Number
• OTP: One Time Password
• CVV: Card Verification Value
• 2FA: Two-Factor Authentication
• SSL: Secure Sockets Layer
• RFID: Radio Frequency Identification

📊 Important Banking Ratios

Financial Ratios

• CRAR: Capital to Risk-Weighted Assets Ratio
• NIM: Net Interest Margin
• CASA: Current Account Savings Account
• PSL: Priority Sector Lending
• PCR: Provision Coverage Ratio
• Gross NPA: Gross Non-Performing Assets
• Net NPA: Net Non-Performing Assets

Performance Metrics

• ROA: Return on Assets
• ROE: Return on Equity
• EPS: Earnings Per Share
• P/E: Price to Earnings Ratio
• P/B: Price to Book Value
• Dividend Yield: Annual dividend per share / Price per share

🔗 Related Resources

• Banking Awareness Complete Guide
• Banking Products Quiz
• RBI Functions Quiz
• Mock Test Series

Ready to test your banking terminology knowledge? Click the Start Quiz button above! 📝

Last Updated: December 2024 | Questions Updated Regularly | Aligned with IBPS Exam Pattern