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Banking Awareness Quiz For Upcoming Competitive Exams - 54

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Banking Awareness Quiz For Upcoming Competitive Exams - 54

Q1. _______is a principle based set of accounting standards developed by the International Accounting Standards Board, an independent group of 15 experts ?
A. IAS
B. IFRS
C. FASB
D. CIPPA



Q2. Who is known as the 'Lender of Last Resort' ?
A. RBI
B. Government of India
C. PNB
D. SBI

Q3. Which of the following proposed the 'Financial Activities Tax' and 'Financial Stability Contribution' ?
A. G-10
B. G-20
C. G-7
D. G-8

Q4. What is the present limit for the foreign direct investment in domestic airline sector ?
A. 26%
B. 49%
C. 51%
D. 74%

Q5. Which of the following award is awarded to the coaches of the sportsperson ?
A. Kalidas Samman
B. Saraswati Samman
C. Arjuna Awards
D. Dronacharya Awards

Q6. The regional rural banks in India are governed by which of the following institution ?
A. SEBI
B. IRDA
C. NABARD
D. RBI

Q7. Which is not a risk associated with the banking ?
A. Credit risk
B. Market risk
C. Fund risk
D. Operational risk

Q8. Which of the following summits proposed the 'financial activities tax' and 'financial stability contribution' ?
A. G-8
B. SAARC Summit(Second)
C. G-20
D. SAARC Summit(First)

Q9. For how many months, a cheque remains valid from the date of issue ?
A. 3 months
B. 6 months
C. 9 months
D. 12 months

Q10. Which of the following term is not used in the game of lawn tennis ?
A. Love
B. Double fault
C. Ace
D. Spin

Q11. What is the rank of Sonia Gandhi in the Forbes Magazine's list of the world's 100 most powerful women in 2012 ?
A. First
B. Second
C. Sixth
D. Ninth

Q12. The form 'ITR-1' is a form for filing __________ ?
A. Income tax challan
B. Excise duty
C. Customs duty
D. Income tax return

Q13. Which of the following terms is not used in banking ?
A. Net demand and time liability
B. Polygamy
C. CRR
D. Mortgage

Q14. Which of the following organization launched the World Day Against Child Labour ?
A. ILO
B. WTO
C. LPM
D. UNICEF

Q15. What is the currency of Argentina ?
A. EURO
B. Peso
C. Dram
D. Lek

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