Banking Awareness Quiz
(Set – 29)
1. Which of the following
is not the name of a bank, functioning in India?
A) Central
Bank of India
B) Aegon
Religare
C) United
Bank of India
D) Dena Bank
E) Citi Bank
2. Which of the following
public sector banks has recently celebrated it centenary year?
A) Central
Bank of India
B) Allahabad
Bank
C) State Bank
of India
D) Bank of
Maharashtra
E) Bank of
Baroda
Answer: a)
3. The primary function of
a central co-operative bank is to
A) to
channelize the flow of funds from the State cooperative banks
B) mobilize
the resources in the district for financing its members to the maximum extent
possible
C) Both of
these
D) Only 2
D) None of
the above
Answer: c)
4. Which of the following
Bank in 2012 has celebrated it 30th year of continuous service?
A) RBI
B) SIDBI
C) Central
Bank of India
D) NARARD
E) SBI
Answer: d)
5. All regional rural
banks (RRB’s) are required to maintain their entire statutory liquidity ratio (SLR)
In
A) current
accounts with sponsor banks
B) time
deposits with sponsor banks
C) government
and other approved securities
D) gold
holdings only
E) All of the
above
Answer: c)
6. The Regulatory
Authority for Regional Rural Banks is
A) RBI and
NABARD
B) Central
Government
C) State
Government
D) Sponsor
bank
E) All of the
above
Answer: a)
7. Through which of the following
the funds to the projects aided by the World Bank and the International
Monetary Fund (IMF) are distributed?
A) Regional
Branches of RBI
B) NABARD
C) Integrated
Rural Development Programme
D)
Agriculture Refinance and Development Corporation
E) Ministry
of Finance
Answer: d)
8. Which of the following
conditions are required to be fulfilled by a Regional Rural Bank to be eligible
for opening of new branches?
A) It should
not have defaulted in maintenance of SLR and CRR during the last two years
B) Its net
worth should show improvement and its net NPA ratio should not exceed 8 per
cent
C) It should
be making operational profits
D) Only (1)
and (2)
E) All of the
above
Answer: e)
9. Co-operation as a form
of economic activity was formally recognized in India in the year 1904 when
A) Mahatma
Gandhi inaugurated the first Indian cooperative bank
B) the first
co-operative bank was established in Bombay
C) the first
Co-operative Societies Act was passed
D) All of the
above
E) None of
the above
Answer: c)
10. Which of the following
is NOT a part of India‘s Money Market?
A) Bill
Market
B) Call Money
Market
C) Banks
D) Mutual
Funds
E) Indian
Gold Council
Answer: e)
11. Under the Banking
Regulation Act, 1949, which of following is not qualified to be called as banks
in the co-operative sector?
A) Urban
Co-operative Banks
B) Primary
Agricultural Credit Societies
C) State
Co-operative Banks
D) Central
Co-operative Banks
E) All of the
above
Answer: b)
12. On the current account
balances maintained by the Regional Rural Banks with them, the commercial banks
may
A) pay
interest up to 9 per cent
B) pay
interest at such rates as may be mutually agreed to
C) pay
interest as applicable to savings accounts
D) waive
incidental charges
E) All of the
above
Answer: b)
13. Where is the
headquarter of Asian Development Bank (ADB) located?
A) Manila
B) Singapore
C) Frankfurt
D) Bangkok
E) Kathmandu
Answer: a)
14. The headquarter of
Bank of India is located in which of the following city?
A) Kolkata
B) New Delhi
C) Mumbai
D) Manipal
E) Chennai
Answer: c)
