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NEO Banking - A Future Digital Banking, Development Scope, Threat and Challenges

What is Neo Banking? NEO banks are the banks which has no physical branches. NEO Banks are digital only financial institutions that operate exclusively online through websites and mobile apps.  The financial services industry has undergone massive transformations from manual to Core Banking and now digital without any physical branch. the evolution of banking has been marked by innovations aimed at making financial services more accessible, convenient, and efficient.   NEO Banks offers services like below: Account Management: Account Opening, Checking, Savings, and Money Transfers Loan Services: Quick and seamless loan approvals Low Fees: Minimal or no fees due to lower operational costs Tech Features: Budget tools, instant payments, and real-time alerts Why Are Neo Banks becoming popular now? Convenience : 24/7 mobile banking—no waiting in lines. Lower Fees : No hidden charges, free international transfers, and zero maintenance fees. User-Friendly Apps : Seamless, f...
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Sample Questions for CAIIB - Advanced Bank Management - Sample Questions Set 5



1. If market quotes USD/INR as 43.61/63, at what rate can you buy USD at the given quote?
a) 43.61
b) 43.62
c) 43.63
d) 43.60

Answer - 43.63

2. Debt Equity denotes position of the firm
a) Profitability
b) Solvency
c) Liquidity
d) None

Answer - Solvency

3. Which of the following formula can be used for calculation of equated monthly installment (EMI)
a) P x r[ (l+r)n x (l+r)n —1]
b) P x r [ (l+r)n / (l+r)n +1]
c) P x r [ (l+r)n / (l+r)n —1]
d) P x r [ (l+r)n / (l+r)n ]
Answer - P x r [ (l+r)n / (l+r)n —1]

4. Mr X has purchased a bond at 10% for 6 years, with face value of Rs.1000 for Rs.900. What is his yield till maturity
a) 12.50%
b) 12.20%
c) 11.80%
d) 11.60%

Answer - 12.50%

5. Credit rating is a system of
a) Measuring Risk
b) Mitigating Risk
c) Migrating Risk
d) Credit Appraisal

Answer - Measuring Risk

6. Which of the following is not the purpose of Credit Audit
a) Improvement in the Quality of credit portfolio
b) Review sanction process and compliance status of large loan
c) Feedback on regulatory compliance
d) Stock Inspection

Answer - Stock Inspection

7. Project Loans an be given by the Bank to
a) Only Corporate
b) Only Corporate and Partnership Firm
c) Only Corporate, Partnership Firm and Societies
d) Any Business Entity

Answer - Any Business Entity

8. Total Priority Sector target for Foreign Bank, Operating in India is
a) 20%
b) 32%
c) 40%
d) 18%

Answer - 32%

9. When the required rate of return is less than the coupon rate then value of the bond is
a) less than face value
b) more than face value
c) equal to face value
d) Maturity Value

Answer - more than face value

10. Which of the following is not part of secured loans raised by a company
a) Inter-corporate borrowing
b) Debentures
c) Term loan from a bank
d) term loan from a financial institutions

Answer - Inter-corporate borrowing


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