Banking Quiz : Part12 [Banking]

Banking Quiz : Part 12

Q1.Among the following which was the first bank to set up talking ATM in India?
A.SBI
B.ICICI Bank
C.Union Bank
D.HDFC

Q2.For which of the following sector Basel norms are important regulatory stipulations?
A.Banking
B.Micro finance
C.Insurance
D.Both (a) and (b)

Q3.Currency Swap is an instrument to manage ......
A. Cash flows in different currencies
B.Currency and interest rate risk
C.Currency risk
D.Both (a) and (c)

Q4.What is Gross domestic capital formation ?
A.Expenditure incurred on physical assets only
B.Net addition to stock after depreciation
C.Net subtraction to stock after depreciation
D.None of these

Q5.How many digits are there in MICR (Magnetic Ink Character Recognition) code ?
A.9 character
B.10 character
C.11 character
D.12 character

Q6.When Reserve Bank of India was nationalized?
A.1948
B.1949
C.1950
D.1951

Q7.Who can avail Electronic Clearing Service in banks?
A.Senior Citizens
B.Individuals
C.Both(a) and (b)
D.Non of these

Q8.Which traditional system of payment and settlement used by Banks in India ?
A.National Electronic Fund Transfer (NEFT)
B. Simultaneous Net Payment (SNP)
C.Electronic Clearing System (ECS)
D.None of these

Q9. Which of the following country issued first purely plastic note ?
A.Canada
B.New Zealand
C.Australia
D.None of these

Q10.Among the following which products launched by most of the banks in India to help farmers in getting instant credit for various agricultural purposes?
A. Personal loan
B.Kisan credit card
C.Business loan
D.Both (a) and (b)