Quiznetik

Banking Awareness | Set 9

1. CRAR stands for:

Correct : A. Capital to Risk (weighted) Assets Ratio

2. What is Repo Rate?

Correct : B. It is a rate at which RBI buys government securities from banks

3. The minimum rate of Interest charged by a Bank from Customers on the loans is?

Correct : A. Base Rate

4. Bank advances of a Bank are called:

Correct : C. Non performing Asset

5. Axis bank tagline is

Correct : B. Badhti ka naam zindagi

6. Which among the following sectors contributes most to the saving in India?

Correct : D. Household sector

7. National Bank for Agriculture & Rural Development (NABARD) was setup in the ?

Correct : A. 1982

8. When was the first Land Mortgage Bank established?

Correct : A. 1920

9. Banks which are included in the second schedule of the Reserve Bank of India Act, 1934 are called as ?

Correct : D. Scheduled Banks

10. Where is the headquarter of Federal Bank?

Correct : A. Kochi

11. SMERA has been registered under

Correct : D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999

12. Apna Sahakari Bank Ltd is located at?

Correct : D. Mumbai, Maharashtra

13. Slogan of Allahabad Bank ?

Correct : B. A Tradition of Trust

14. Which bank was earlier called the ''Imperial Bank of India'' ?

Correct : B. SBI

15. What percentage of Priority Sector Lending (PSL) is being created for Micro Enterprises by March 2017?

Correct : B. 7.5 %

16. Slogan of Corporation Bank ?

Correct : A. A Primer Public Sector Bank

17. The E-Commerce website ―Alibaba‖ is the company of which country?

Correct : D. China

18. Head Office of the Asian Development Bank located in

Correct : B. Manila

19. Which are the following rates are decided by the RBI is called "Policy Rate"?

Correct : A. Cash reserve ratio.

20. The term plastic money applies to

Correct : D. Credit cards mainly issued by the banks

21. Which one of the following banks gives long term loans to agriculture?

Correct : A. State co-operative bank

22. The primary relationship between the banker and the customer is that of

Correct : B. Debtor and creditor

23. Where is the head quarter of Insurance Regulatory and Development Authority (IRDA)?

Correct : A. Hydrabad

24. The bank rate is the rate at which

Correct : C. The RBI gives to the commercial banks

25. Capital Market Regulator is—

Correct : E. SEBI

26. Who issues 'Commercial Papers'?

Correct : B. Banks to Banks

27. What is the cost of credit expressed as a percentage on a yearly basis called?

Correct : A. APR

28. Who was the founder of Punjab National Bank?

Correct : D. Lala Rajpat Rai

29. CTC Stands for

Correct : A. Cheque truncation System

30. ‗DAX‘ is the stock Market of-

Correct : A. Germany

31. Which of the Public Sector Bank tagline ―India‘s International Bank‖ ?

Correct : E. BOB

32. The phenomenon of a continuous decrease in prices of goods and services in the economy is, known as ?

Correct : B. Deflation

33. The Headquarters of NHB located in

Correct : C. New Delhi

34. What is the full form of IPO?

Correct : C. Initial Public Offering

35. Which among the following does the RBI not decide?

Correct : D. Base Rate

36. Which of the following organizations is the Mutual Fund Market regulator?

Correct : C. SEBI

37. Where is the head quarter of International monetary fund (IMF)?

Correct : C. Washington DC

38. Which among the following is NOT a subsidiary of RBI?

Correct : D. SIDBI

39. Which among the following was the first bank purely managed by Indians?

Correct : B. Punjab National Bank

40. Which of the following state is known ―Cradle of Indian Banking‖?

Correct : D. Karnataka

41. Which of the following is the headquarters of BCSBI?

Correct : C. Mumbai

42. BCSBI is governed by a governing Council including one Chairman.

Correct : A. six-member

43. National bank is a subsidiary of which of the following banks?

Correct : A. Bank of Baroda

44. In which country, the Unit Banking System originated?

Correct : A. United States

45. Who is the MD and CEO of Punjab ans Sind Bank?

Correct : C. S.Jatinderbir Singh

46. India ranked out of 118 in Global Hunger Index

Correct : B. 97th

47. Which of the following is the first Bank who provide the interest banking facility first?

Correct : A. ICICI Bank

48. The first government of RBI is –

Correct : A. C.D. Deshmush

49. Which of the following terms is used in banking and finance?

Correct : B. Demand Deposit

50. Banks do not provide which of the following services?

Correct : C. Sale of post cards and postal stamps

51. Which of the following terms is NOT used in the field of Banking & Finance ?

Correct : B. Base Line

52. Which of the following is a pension scheme focused on the workers in the unorganiaed sector?

Correct : C. APY

53. In India, the bank NABARD does not provide refinance to:

Correct : D. Export-import bank

54. Which bank has launched "travel card" for students joinnig abrod?

Correct : A. ICICI

55. What do you understand by the term ‗Mortgage‘?

Correct : C. Making the security of immovable property available as a cover for a home loan by the borrower

56. How many banks are presently associated of State Bank of India?

Correct : D. Five

57. If a bank is unable to refund the short term deposits as funds are locked in long term loans, it involves?

Correct : C. Liquidity Risk

58. If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the-

Correct : A. Loan Applications Received and Disposal Register

59. Escrow account is useful/helpful to-

Correct : B. exporters

60. The ‗monetary base for credit expansion‘ consists of ?

Correct : A. The total value of ‘high-powered money’

61. The Head Office of which of the following banks is in Mumbai?

Correct : D. Union Bank of India

62. Which of the following state shows the fastest growth in expanding Micro Finance business in the country?

Correct : B. Andhra Pradesh

63. On the basis of recommendations of which of the following committees NABARD was established?

Correct : B. Shivaraman Committee

64. Each Regional Rural Bank is managed by         ?

Correct : A. Board of Directors

65. Under which of the following methods of note-issue the RBI issues notes?

Correct : C. Minimum Reserve System

66. Which of the following is the slogan of CIBIL?

Correct : D. Empowering you

67. Which of the following provides license to a credit bureau?

Correct : D. RBI

68. The Reserve Bank of India will transfer its surplus profit of 65,896 crore rupees to the Centre. This amount is percent higher than previous year.

Correct : C. 25%

69. On a Cheque instead of two parallel lines only bank‘s name is written is known as

Correct : C. Special Crossing

70. Which bank became the first bank to open its branch in china? 1134). The Definition of ‗Banking‘ is given in

Correct : C. The Banking Regulation Act, 1949

71. What is the most powerful tool used by the Reserve Bank of India to control inflation?

Correct : A. Raise interest rates

72. When was the Indian Mercantile Insurance established?

Correct : C. SBI

73. The banks are required to maintain certain ratio between their cash in hand and total assets. This is called

Correct : D. CRR

74. Which one of the following statements is correct regarding increase in the CRR in India?

Correct : B. It reduces credit creation

75. Foreign Trade Policy is Framed by :

Correct : D. Ministry of Commerce, Government of India.

76. RBI doesn‘t have an office in

Correct : D. Shimla

77. The rate at which banks borrows from the RBI is called

Correct : B. Repo Rate

78. Who is having the major stakes in NABARD?

Correct : B. Central Government

79. The tag line ‗A friend you can bank on‘ is of which bank?

Correct : A. Vijaya Bank

80. The minimum acceptable amount under the Scheme of Certificate of eposit is ?

Correct : A. Rs. 1 lakhs

81. Demand deposits mean ?

Correct : A. Deposits withdrawable on demand by the depositor

82. ‗RuPay‘ has been developed by which organization?

Correct : D. National Payment Corporation of India

83. Which bank has recently started ―Tab Banking‖ service?

Correct : A. SBI

84. Who is the chairman of Bharatiya Mahila Bank?

Correct : C. Usha Ananthasubramanian

85. ―Plastic Money‖ denotes ?

Correct : B. Credit card

86. The Head of Reserve Bank of India is?

Correct : D. Governor

87. In Banking terminology, NPA means

Correct : C. Non-Performing Asset

88. ‗Sugam‘ is a scheme launched for

Correct : A. Small tax payers

89. Asian Development bank is a regional development bank established in :

Correct : C. 1966

90. Which bank in India performs duties of Central Bank?

Correct : D. RBI

91. The World Bank group is made up of how many organisations?

Correct : B. 5

92. RBI permitted CBS-enabled Cooperative Banks to issue ATM cards in tie-up with:

Correct : B. a sponsor bank

93. Working capital requirement depends upon             ?

Correct : D. All the above

94. Who headed the RBI panel that has submitted its report titled 'Data Format for Furnishing of Credit Information to Credit Information Companies'.

Correct : B. Aditya Puri

95. After the recommendations of which of the following committee the Regional Rural Banks were setup?

Correct : C. Narasimhan Committee

96. The Bank for International Settlements (BIS) which provides the Banking supervision accords is located in which country

Correct : D. Switzerland

97. The Know Your Customer (KYC) norms of opening a bank account has been relaxed for the accounts with minimum balance of

Correct : C. Rs.50,000/-

98. What is the Cash Reserve Ratio (CRR) at present?

Correct : A. 4%

99. The Centre will over the next four years infuse how many crore rupees into the state-owned banks ?

Correct : A. Rs. 70,000 crore

100. is the regulatory authority for Mutual funds:

Correct : D. SEBI