Banking Awareness Quiz (Set - 22)

Mentor for Bank Exams
Banking Awareness Quiz (Set - 22)
1. By crossing we mean
a) two horizontal lines on a cheque
b) one straight line across the cheque
c) two lines across the cheque making ‘X’
d) two transverse parallel lines on a cheque
e) none of the above
Answer: d)
2. Caixa Bank has been headquartered in __________
a) United Kingdom
b) Spain
c) Singapore
d) South Africa
e) None of these
Answer: b)
3. Capital market can be divided into
a) industrial securities market
b) gilt edged market
c) personal securities market
d) both a) and b)
e) none of the above
Answer: d)
4. The Headquarters of Capital Local Area Bank is situated in _______
a) Amritstar, Punjab
b) Ludhiana, Punjab
c) Bathinda, Punjab
d) Jalandhar, Punjab
e) None of these
Answer: d)
5. What are the facilities available to the customers through ATM
a) Cash withdrawal subject to a predetermined limit per day
b) Cash deposit
c) Balance enquiry
d) details of certain number of transactions
e) all of the above
Answer: e)
6. RBS Bank has been headquartered in __________
a) Glasgow, United Kingdom
b) Edinburgh, United Kingdom
c) Skye, United Kingdom
d) Aberdeen, United Kingdom
e) None of these
Answer: b)
7. The following are main objectives of the SEBI
a) to protect interest of investors
b) to promote the development of security market
c) to regulate the security market
d) all of the above
e) none of the above
Answer: d)
8. DBS Bank has been headquartered in __________
a) United Kingdom
b) Spain
c) Singapore
d) South Africa
e) None of these
Answer: c)
9. To restrict expansion of credit, the Reserve Bank
a) raises the bank rate
b) reduces the bank rate
c) freezes the bank rate
d) none of these
e) all of these
Answer: a)
10. Which of the following is the Headquarters of Yes Bank?
a) Noida
b) Hyderabad
c) Chennai
d) Mumbai
e) None of these
Answer: d)
11. How many types of PSLCs can be issued by the Banks?
a) Four
b) Five
c) Six
d) Eight
e) None of these
Answer: a)
12. Which of the following is included in bancassurance?
a) Insurance policies issued by the banks in their names
b) Selling by a bank the insurance policies of its ancillary insurance company
c) Selling by a bank the insurance policies of any insurance company
d) All the above
e) None of the above
Answer: d)
13. What is the loan limit for education in the country under priority sector?
a) 15 lakh
b) 10 lakh
c) 8 lakh
d) 20 lakh
e) None of these
Answer: b)
14. To control inflationary situation in the economy, RBI can increase one or more of these monetary tool?
a) Crr-Slr-Bank Rate
b) Slr-Crr-Base Rate
c) Crr-Slr-Repo Rate
d) Crr-Slr-Reverse Repo Rate
e) Crr-Slr-Benchmarking Plr.
Answer: a)
15. How many sub-categories are classified under Agriculture sector?
a) Four
b) Five
c) Six
d) Three
e) None
Answer: d)
16. Reserve Bank of India was established on 1st April, ______in accordance with the provisions of Reserve Bank of India act_________
a) 1935 – 1934
b) 1934-1935
c) 1935-1936
d) 1937-1938
e) all the above
Answer: a)
17. Which among the following is/are the different type(s) of category under priority sector?
a) Agriculture
b) Micro, Small and Medium Enterprises
c) Export Credit
d) All of the Above
e) None of these
Answer: d)
18. Which amongst the following is called as mother of deposits?
a) Current account
b) fixed deposit
c) recurring deposit
d) savings bank
e) reinvestment deposit
Answer: d)
19. The Priority Sector Lending Certificates (PSLCs) can be traded using the RBI’s_______
a) e-Kuber platform.
b) NEFT
c) RTGS
d) None of the above
e) Cannot be determined
Answer: a)
20. When it comes to the following term namely- IPO, what do you mean by “P”?
a) Provisions
b) Public
c) Private
d) Prudent
e) Pension
Answer: b)