Banking Quiz:Part 8 [Banking]

Banking Quiz:Part 8

Q1.Which of the below is not the part of the scheduled banking structure in India?
A.Public Sector Banks
B.Moneylenders
C.Private Sector Banks
D.None of these

Q2.What is the banker-customer relationship in credit card payment? 

 A. Debtor-creditor
B. Creditor-debtor
C.Agent-principal
D.None of these

Q3.What is name of the account that allows you to buy, sell as well as transact without the need of any paperwork ? 

 A.Simple Account
B.Saving Account
C.Demat Account
D.All of these

Q4.Below which year marked the beginning of the history of agricultural co-operative banks in India?
A.1903
B.1904
C.1906
D.1907

Q5.What is BSR?
A.Basic Statistical Returns
B.Bank’s Selling Rate
C.Bank Statistical Returns
D.None of the above

Q6.Under which category Indian Commercial Banks falls? 

 A.Private Sector Banks
B.Public sector Banks
C.Both (a) and (b)
D.None of these

Q7.State Bank of India was formulated under which act?

A. SBI Act, 1955
B.SBI Act, 1957
C.SBI Act, 1958
D.SBI Act, 1959

Q8.Among the following which note RBI does not issue? 

 A.Hundred Rupee Note
B. One Rupee Note
C.Ten Rupee Note
D.Twenty Rupee Note

Q9.What is the term used for the loans of very small amounts given to low income groups?
A.Simple Overdraft
B.Micro Credit
C.Macro Credit
D.None of these

Q10.How many digits IFSC consists of? 

 A.10 digits
B.11 digits
C.12 digits
D.13 digits