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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 - Bank Financial Management - Sample Questions Set 4



1. In a rising interest scenario, the risk of erosion of NII is on account of
a) Advances with floating rate of interest and deposits with fixed rate of interest
b) Deposits with floating rates and advances with fixed rates
c) Deposits with floating rates and advances with floating rates
d) Deposits with fixed rates and advances with fixed rates

Answer - Deposits with floating rates and advances with fixed rates

2. UCPDC 600 is Set of rules application to CC transactions
a) Set of Rules having 100 Articles
b) Set of Rules framed by ICC governing LC business globally
c) Set of applicable rules governing LC business in India Only
d) Set of Rules framed by ICC governing LC business globally

Answer - Set of Rules framed by ICC governing LC business globally

3. Who is called as Resident as per FEMA 1999?
a) A person who stayed in India for more than 182 days in the previous financial year
b) A person who stayed in India for minimum 182 days in the previous financial year
c) A person who stayed in India for more than 182 days in the previous calendar year
d) A person who stayed in India for minimum 182 days in the previous calendar year

Answer - A person who stayed in India for more than 182 days in the previous financial year

4. If two investments offer the same expected return,most investor
should prefer the one with variance.
a) Lower
b) Higher
c) Past track record
d) Depending on rating

Answer - Lower

5. FCNR Deposit is
a) Futures contract
b) Option Contract
c) Swap
d) None of these

Answer - Option Contract

6. What type of exchange rate is applied when foreign currency funds from FCNR(B) account are converted to NRE Saving account
a) Bills Buying
b) TT Buying
c) TT Selling
d) None of these

Answer - TT Buying

7. R Return is submitted to RBI on which of the following dates of the month
a) 7th and 21st
b) 15th & last day
c) 10th, 20th and last day
d) None of these

Answer - 15th & last day

8. Physical goods movement in India is regulated by
a) Exim Policy
b) DGFT
c) RBI
d) None of these

Answer - Exim Policy

9. If the strike price is same as the forward rate on start date the option is known as
a) At the money
b) In the Money
c) Out of Money
d) None of these

Answer - At the money


10. Which of the following is not included in Tier I Capital
a) Equity
b) Undisclosed Reserves
c) Disclosed Reserves
d) Both a and b

Answer - Undisclosed Reserves

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