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Banking & Financial Awareness MCQ - Set 32

Banking & Financial Awareness MCQ - Set 32

Banking Awareness MCQ - Set 32

Dear Readers,
Solve the Banking And Financial Awareness MCQ/ Quiz which are available on  Achiever's Rule. You should study the Banking Articles,  Daily Current Affairs Update, Current Affairs Articles to prepare yourself for upcoming IBPS, RBI, SBI and other Banking exams. You must download the available PDFs.

Q1.Who is the Chief Executive of Commonwealth Bank of Australia?
A]David Watson
B]Francis Smith
C]Ian Narev
D]Henry Brandon
E]None of them


Q2.Who is the Chairman and MD of ITPO ?
A]A K Sahai
B]L C Goyal
C]Urjit Patel
D]Nareswar Swamy
E]None of them

Q3.Which of the following banks is given the Best Performance award by the NABARD ?
A]Dena Bank
B]Andhra Bank
C]Union Bank of India
D]Corporation Bank
E]Vijaya Bank

Q4.Which of the following banks has launched a CSR initiative ?
A]RBI
B]NABARD
C]SBI
D]RRB
E]None of these

Q5.Who is appointed as the MD and CEO of IFCI(Industrial Finance Corporation of India) ?
A]Raghuram Swamy
B]E Shankara Rao
C]Vijay Prakash
D]Balbir Sindhu
E]None of them

Q6.Which of the following banks is going to offer instant Credit Cards ?
A]HDFC Bank
B]Axis Bank
C]Dhanalaxmi Bank
D]ICICI Bank
E]City Union Bank

Q7."Trusted Family Bank" is the tagline of which of the following banks ?
A]Vijaya Bank
B]Yes Bank
C]Dena Bank
D]HDFC Bank
E]United Bank of India

Q8.The National Income of India is measured on the basis of which of the following ?
A]Number of employed youths
B]Flow of Goods
C]Volume of tax collected per annum
D]Income of Govt. and PSU employees
E]All of the above

Q9.In which year the Banking OMBUDSMAN scheme has come into force ?
A]2004
B]2005
C]2006
D]2007
E]2008

Q10.Which of the following factors must be reduced by the growth of economy ?
A]Gender inequalities
B]Population of the country
C]Poverty
D]Flow of FDI
E]None of these

Q11.In which year the Banking Companies Act was passed ?
A]1947
B]1948
C]1950
D]1953
E]1949

Q12.Which of the following statements is/are true about Banking Ombudsman ?
A]It is a Collateral Judicial Authority
B]It is a Quasi Judicial Authority
C]It is a Bi-Lateral Judicial Authority
D]All of these
E]None of these

Q13.What will be the effect of the service charge on the bank statement ?
A]Lower Balance
B]Interest deduction from the account
C]Fixed Charge incurred
D]All of these
E]None of these

Q14.The Banking Ombudsman can summon which of the following ?
A]Bank
B]Customer
C]Local Government
D]Both A and B
E]Both A and C

Q15.The RBI became the Central Banking Authority in which of the following years ?
A]1935
B]1965
C]1972
D]1947
E]1950

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