Banking And Financial Awareness MCQ- Set 10
Dear Readers,
You can practice the Banking and Financial Awareness MCQ/Quiz on a regular basis from Achiever's Rule to update yourself for the upcoming Banking Exams. The questions given here are really important for your exam. You must follow the Current Affairs Update, Banking Articles to enhance the level of your preparation.
Q1.Who regulates the insurance sector of India ?
A.AMFI
B.IRDA
C.RBI
D.SEBI
E.None of these
A.AMFI
B.IRDA
C.RBI
D.SEBI
E.None of these
Q2.IDF stands for which of the following ?
A.Interest Debt Fund
B.Institution Debt Fund
C.Investment Debt Fund
D.Infrastructure Debt Fund
E.None of these
A.Interest Debt Fund
B.Institution Debt Fund
C.Investment Debt Fund
D.Infrastructure Debt Fund
E.None of these
Q3.SBI has entered in a joint venture with which of the following for undertaking general insurance business?
A.LIC, India
B.New India Assurance Ltd
C.Insurance Australlia Group
D.Allianz
E.None of these
A.LIC, India
B.New India Assurance Ltd
C.Insurance Australlia Group
D.Allianz
E.None of these
Q4.Credit Cards are known as which of the following ?
A.Easy Money
B.Hard Money
C.Soft Money
D.Real Money
E.Plastic Money
A.Easy Money
B.Hard Money
C.Soft Money
D.Real Money
E.Plastic Money
Q5.Which asset can be mortgaged ?
A.Book Debts
B.Stock
C.National Saving Certificates
D.Land and Building
E.Share
A.Book Debts
B.Stock
C.National Saving Certificates
D.Land and Building
E.Share
Q6.Crossing applies to which of the following instruments ?
A.Bills
B.Cheques
C.Fixed Deposit Reciepts
D.Promissory Notes
E.None of these
A.Bills
B.Cheques
C.Fixed Deposit Reciepts
D.Promissory Notes
E.None of these
Q7.A savings bank account opened with a zero balance of minimum balance is known as which of the following ?
A.No frill account
B.Current Account
C.Call Deposit
D.Savings-bank ordinary account
E.None of these
A.No frill account
B.Current Account
C.Call Deposit
D.Savings-bank ordinary account
E.None of these
Q8.NOF stands for which of the following ?
A.New Original Funds
B.Net Owned Funds
C.Net Origin Funds
D.New Opened Funds
E.None of these
A.New Original Funds
B.Net Owned Funds
C.Net Origin Funds
D.New Opened Funds
E.None of these
Q9.Which of the following is not a classification of Scheduled Banks ?
A.SBI
B.Nationalized Banks
C.RRB
D.Foreign Banks
E.All of these
A.SBI
B.Nationalized Banks
C.RRB
D.Foreign Banks
E.All of these
Q10.BFS stands for which of the following ?
A.Board for Financial Supervision
B.Bureau of Financial Supervision
C.BiLateral Financial System
D.Board of Financial System
E.None of these
A.Board for Financial Supervision
B.Bureau of Financial Supervision
C.BiLateral Financial System
D.Board of Financial System
E.None of these
Q11.NABARD was established in which year ?
A.1983
B.1985
C.1981
D.1982
E.1986
A.1983
B.1985
C.1981
D.1982
E.1986
Q12.In which year BFS was constituted ?
A.1995
B.1996
C.1994
D.1997
E.1998
A.1995
B.1996
C.1994
D.1997
E.1998
Q13.CSR stands for which of the following ?
A.Corporate Sector Responsibility
B.Customer Satisfaction Responsibility
C.Corporate Social Responsibility
D.Corporate Social Reforms
E.None of these
A.Corporate Sector Responsibility
B.Customer Satisfaction Responsibility
C.Corporate Social Responsibility
D.Corporate Social Reforms
E.None of these
Q14.The member of BFS board is chaired by whom ?
A.Deputy Governor
B.Finance Minister
C.Prime Minister
D.Governor
E.Vice President
A.Deputy Governor
B.Finance Minister
C.Prime Minister
D.Governor
E.Vice President
Q15.Who is the chairman of NABARD ?
A.Harsh Kumar Bhanwala
B.Urjit Patel
C.Raghuram Rajan
D.Arundhuti Devi
E.None of them
A.Harsh Kumar Bhanwala
B.Urjit Patel
C.Raghuram Rajan
D.Arundhuti Devi
E.None of them
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