Banking Awareness Quiz (Set - 24)
1. First
Bank established in India was:
a) Bank of India
b) Bank of Hindustan
c) General Bank of India
d) None of The Above
e) None of these
Answer: b)
2. How many
banks were nationalized as on 19 July, 1969:
a) 15
b) 13
c) 14
d) 16
e) None of these
Answer: c)
3. GATT
stands for:
a) General Agreement on Tariffs,
Tradition and Trade
b) General Agreement on Tradition and
Trade
c) General Agreement on Tariffs and
Trade
d) None of The Above
e) None of these
Answer: c)
4. Inventor
of ATM was:
a) Ian Luther Steward
b) David Block
c) John Adrian Shepherd Barron (A
British)
d) David Adrian
e) None of These
Answer: c)
5. The
trading regulations of GATT were established between ______and _____:
a) 1947 and 1994
b) 1947 and 1995
c) 1946 and 1996
d) 1947 and 1996
e) None of These
Answer: a)
6. Slogan
of Allahabad Bank is:
a) Together We Prosper
b) A Tradition of Trust
c) A Long Tradition of Trust
d) All the above
e) None of These
Answer: b)
7.
Syndicate Bank was established in _____ in Udupi:
a) 1926
b) 1900
c) 1925
d) 1924
e) None of These
Answer: c)
8. United
Bank of India Limited was formed in 1950 with the amalgamation of:
a) Comilla Banking Corporation Limited
(1914)
b) Begal Central Bank Limited (1918)
c) Comilla Union Bank Limited (1922)
d) Hooghly Bank Limited (1932)
e) All of The Above
Answer: e)
9. Vijaya
Bank is a _____sized Public Sector Bank with presence across India:
a) Medium Sized
b) Large Sized
c) Small Sized
d) None of The Above
e) None of These
Answer: a)
10. 14
Major banks were nationalized in:
a) 1970
b) 1969
c) 1968
d) 1970
e) None of These
Answer: b)
11. On the
basis of which commission was RBI established?
a) Hilton Young Commission
b) British Commission
c) Federal Commission
d) Federation Commission
e) None of these
Answer: a)
12. Expand
LIBOR?
a) London Inter Bank Offered Rate
b) London Inter Bank Official Rate
c) London Inter Bank Offered Ratio
d) London International Bank Offered
Rate
e) None of these
Answer: a)
13. In
TRIPS, what does ‘I’ stand for?
a) Intellectual
b) Information
c) Indian
d) Infra
e) None of these
Answer: a)
14. Through
which of the following sources domestic funds are raised by companies?
a) IPO only
b) FPO only
c) Commercial papers only
d) Both IPO and FPO
e) All IPO, FPO and commercial papers
Answer: a)
15. In
India, which among the following is/are a part of Legal Tender Money?
a) Both coins and currency notes
b) Both coins and bank drafts
c) Both currency notes and SDRs
d) Only currency notes issued by RBI
e) None of these
Answer: a)
16. When was
IDBI delinked from the RBI an taken over by Government of India?
a) 1976
b) 1977
c) 1978
d) 1980
e) None of these
Answer: a)
17. Which
among the following is correct?
a) Money market provides long term
source of finance
b) Recession in the industrial sector in
India is normally due to a fall in exports
c) Ways and means advances given by RBI
d) Exchange rate is fixed by RBI
e) None of these
Answer: c)
18. Who was
the first Indian Governor of RBI?
a) Yash Pal Singh
b) Hemant Rao
c) CD Deshmukh
d) Jaipal Singh
e) None of these
Answer: c)
19. KYC “(Know
Your Customer)” norms were implemented in the Indian banking system in 2002 as
per the directive of ?
a) SEBI
b) RBI
c) IBA
d) IRDA
e) None of these
Answer: b)
20. Expand
CRAR in terms of banking sector.
a) Capital- to- Return Asset Ratio
b) Capital –to-Risk Asset Ratio
c) Capital –to-Risk Asset Range
d) Core Risk Asset Return
e) None of these
Answer: b)
