Banking Awareness Quiz For Upcoming Competitive Exams - 55

Banking Awareness Quiz For Upcoming Competitive Exams - 55 

Q1.India post has joined hands with which of the following exchanges to offer international electronic money transfer ?
A. UAE Exchange
B. Xpress Money Service Limited
C. Wall Street Exchange
D. Economic Exchange Centre



Q2. The "No frill Account" facility provided by the banks is aimed at which of the following categories of people ?
A. Corporate world
B. Senior citizens
C. Current account holders
D. Poor people

Q3. To create more credit, what RBI does ?
A. Permit the banks to decide themselves
B. Raises the bank rate
C. Reduces the bank rate
D. All of the above

Q4. The merchant banking activities in India are governed by which of the following bodies ?
A. SEBI
B. IRDA
C. TRAI
D. SIDBI

Q5. RRBs went set up on the recommendation of ?
A. Narasimhan Committee
B. Shivraman Committee
C. C.Rangarajan Committee
D. None of these

Q6. As per the new guidelines issued by RBI, which of the following categories will get relaxation in KYC norms while opening bank account and borrowing from the banks ?
A. Marginal farmers
B. Daily labours
C. Self help groups
D. All of these

Q7. Which of the following is / are essential features of a genuine currency note ?
A. The issuing authority name should be printed on it
B. The promise clause should be there
C. The guarantee clause should be there
D. All of the above

Q8. Indian commercial banks are categorized into ?
A. Public sector bank
B. Private sector bank
C. Foreign bank
D. All of these

Q9. Punjab National Bank was nationalized in ?
A. 1980
B. 1954
C. 1969
D. 1985

Q10. _________ heads and conducts the affair of RBI ?
A. State Board
B. Central Board
C. District Board
D. All of the above

Q11. Which of the following organizations / institution will be set up core banking infrastructure for rural banks ?
A. RBI
B. SIDBI
C. NABARD
D. SEBI

Q12. At the time of nationalization who was the Governor of RBI ?
A. C.D. Deshmukh
B. O.A.Smith
C. J.B.Taylor
D. K.C.Negy

Q13. Which of the following is not the any element of quantitative credit control policy of RBI ?
A. CRR
B. SLR
C. Selective credit control
D. Open market operation

Q14. The apex organization of Indian money market is ?
A. SBI
B. RBI
C. Government of India
D. SEBI

Q15. Which of the following is not a public sector unit / bank ?
A. HPCL
B. Yes
C. HDFC
D. Both B and C