Credit card issuance

Question 1

Which type of bank is dominating the credit card segment ?

Answer 1

Private banks

Question 2

What are the top issuers of credit cards ?

Answer 2

1) HDFC bank

2) SBI

3) ICICI Bank

4) Axis Bank

Question 3

What is the relationship between Interest rates , Bond prices and Bond yield ?

Answer 3

Interest rate increases —> Bond prices fall

Bond prices fall —-> Increase in Bond yield

Question 4

What is NAV of a mutual fund unit ?

Answer 4

Current value of securities held in the portfolio of the fund

Question 5

Chairman of committee on UCB ?

Answer 5

Vishwanathan committee

Question 6

Committee that recommended setting up MPC ?

Answer 6

Urjit Patel

Question 7

Central Govt in consultation with RBI determines the inflation target in terms of CPI once every how many years ?

Answer 7

5

Question 8

What is the escape clause for Fiscal deficit target ?

Answer 8

0.5%

Question 9

What is a Retail individual investor ?

Answer 9

An investor who applies or bids for securities of value not more than 2 lakh rupees

Question 10

What does SWIFT stand for ?

Answer 10

Society for Worldwide Interbank Financial Telecommunication