This quiz works best with JavaScript enabled. Home > Banking > Banking Affairs > Banking Affairs – Quiz 18 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Affairs Quiz 18 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The SBI has signed an agreement with which of the following agencies to obtain a guarantee cover to its loans to Micro and Small Enterprises? A) Export Credit Guarantee Corporation. B) Credit Guarantee Trust. C) Small Industrial Development Bank of India. D) Securities and Exchange Board of India. Show Answer Correct Answer: B) Credit Guarantee Trust. 2. All of the following are examples of Quasi negotiable instruments, under the Negotiable Instrument Act, 1881, except A) Dividend warrants. B) Share warrants. C) Bearer debentures. D) Promissory note. Show Answer Correct Answer: D) Promissory note. 3. Which of the following is the drawee bank in respect of a cheque? A) The payee's bank. B) The bank which collects the cheque. C) The bank on which the cheque is drawn. D) The endorsee's bank. Show Answer Correct Answer: C) The bank on which the cheque is drawn. 4. Which of the following apex body and regulator has asked banks to swap customer-related information so that the frauds and defaults may be prevented in future? A) Bombay Stock Exchange (BSE). B) Indian Banks, Association (IBA). C) Securities and Exchange Board of India (SEBI). D) Reserve Bank of India (RBI). Show Answer Correct Answer: D) Reserve Bank of India (RBI). 5. How many Banking Ombudsmen have been appointed? A) 20. B) 10. C) 15. D) 18. Show Answer Correct Answer: A) 20. 6. Interest below which a bank is not expected to lend to customers is known as.....[SBI Bank 2013] A) Deposit Rate. B) Base Rate. C) Prime Lending Rate. D) Bank Rate. Show Answer Correct Answer: B) Base Rate. 7. In India, merchant-banking activity was originated with the merchant banking division set up by which of the following? A) Grind lays bank. B) Barclays bank. C) Yes bank. D) None of the above. Show Answer Correct Answer: A) Grind lays bank. 8. What is the correct format of a VPA on UPI? A) Abc/upi. B) Abc@upi. C) Abc-upi. D) Abc*upi. Show Answer Correct Answer: B) Abc@upi. 9. Banking Ombudsman is appointed by.....[SBI Bank 2013] A) Government of India. B) State Governments. C) RBI. D) E C G C. Show Answer Correct Answer: C) RBI. 10. Who is having the major stakes in NABARD? A) RBI. B) Central Government. C) SBI. D) Ministry of Finance. Show Answer Correct Answer: B) Central Government. 11. What are the objective taken by NABARD to improve the Rural Banking infrastructure? A) For the development of education in rural area. B) For the development of health of women and children. C) For availability of food grains. D) For insuring Prosperity and Progress integrated development of rural areas. Show Answer Correct Answer: D) For insuring Prosperity and Progress integrated development of rural areas. 12. Which of the following is considered as the financial capital of India? A) New Delhi. B) Kolkata. C) Bangalore. D) None of these. Show Answer Correct Answer: D) None of these. 13. A crossed cheque has been given to you for services rendered. In what way can you get the cheque encashed? A) By presenting it across the counter of the bank branch. B) By sending it through speed clearing. C) By depositing it in your personal bank account. D) Anyone of the above. Show Answer Correct Answer: C) By depositing it in your personal bank account. 14. Which is/are the different categories under priority sector? A) Social Infrastructure. B) Renewable Energy. C) Micro, Small and Medium Enterprises. D) All of above. Show Answer Correct Answer: D) All of above. 15. The usual deposit accounts of banks are A) Current Accounts, Insurance Premium Account and Electricity accounts. B) Current Accounts, Post office Savings account and Term deposit accounts. C) Loan Accounts, Term Deposit accounts and Savings Account. D) Term Deposit accounts, Current Accounts and Savings Account. Show Answer Correct Answer: D) Term Deposit accounts, Current Accounts and Savings Account. 16. Which of the following institution is considered as ' soft loan window'? A) IMF. B) IBRD. C) IDA. D) IFC. Show Answer Correct Answer: C) IDA. 17. Which of the following problems is needed to be resolved under issue management? A) Problems with staff. B) Technical failures. C) Material shortages. D) All of the above. Show Answer Correct Answer: D) All of the above. 18. Which of the followings clearly define the Syndicate Underwriting? A) It is underwriting in which, two or more agencies or underwriters jointly underwrite an issue of. B) It is one in which an underwriter gets a part of the issue further underwritten by another agency. C) It is one in which the underwriters apply for a block of securities. D) None of the Above. Show Answer Correct Answer: A) It is underwriting in which, two or more agencies or underwriters jointly underwrite an issue of. 19. What is India's Apex Tax body? A) CBDT. B) GAAR. C) IT Department. D) RBI. Show Answer Correct Answer: A) CBDT. 20. Smart card can be A) An embedded circuit with micro processor chip embedded in it so that it could perform calculations maintain records and act as electronic pursue. B) Built in facility for protection against fraudulent operations. C) Can either be rechargeable or exchangeable. D) All of the above. Show Answer Correct Answer: D) All of the above. ← PreviousNext →Related QuizzesBanking QuizzesBanking Affairs Quiz 1Banking Affairs Quiz 2Banking Affairs Quiz 3Banking Affairs Quiz 4Banking Affairs Quiz 5Banking Affairs Quiz 6Banking Affairs Quiz 7Banking Affairs Quiz 8Banking Affairs Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books