This quiz works best with JavaScript enabled. Home > Banking > Banking Affairs > Banking Affairs – Quiz 23 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Affairs Quiz 23 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following documents are considered as officially valid documents for the proof of identity? A) Driving Licence card. B) MNREGA Job Card. C) Aadhar Card. D) All of the above. Show Answer Correct Answer: D) All of the above. 2. India Development Bond was issued in 1991-92 by..... A) SBI. B) RBI. C) UTI. D) NHB. Show Answer Correct Answer: A) SBI. 3. We often see the names of two personalities in newspapers/magazines/electronic media. These names are Dr. C Rangarajan and Dr Bimal Jalan. In their lives, one thing in common. That is A) Both are the chief economic advisors to Prime Minister of India. B) Both are Members of Parliament. C) Both are former Governors of RBI. D) Both were Finance Ministers of India. Show Answer Correct Answer: C) Both are former Governors of RBI. 4. The commercial paper is issued to raise deposits by..... A) Commercial Banks. B) Reserve Bank of India. C) Every Non-Banking company. D) State Bank of India. Show Answer Correct Answer: A) Commercial Banks. 5. When was Self Help Group introduced in India? A) 1996. B) 2000. C) 1980. D) 1992. Show Answer Correct Answer: D) 1992. 6. Who was the chairman of Committee on Deepening of Digital Payments formed by RBI? A) Nandan Nilekani. B) Sanjay Jain. C) Kishore Sansi. D) Nachiket Mor. Show Answer Correct Answer: A) Nandan Nilekani. 7. Which of the following measures can check Inflation? A) Surplus Budgeting. B) Increase in direct taxation. C) Curtailment in public expenditure. D) All of the above. Show Answer Correct Answer: D) All of the above. 8. Which among the following companies has topped the Fortune Global 500 list of the world's biggest companies? A) Exxon Mobil. B) Wal-Mart. C) Sinopec Group. D) Indian Oil Corp. Show Answer Correct Answer: B) Wal-Mart. 9. For what kind of transactions, are demat accounts necessary? A) For trading in shares of companies. B) For having mobile banking facilities. C) For taking retail loans from banks. D) For non resident account. Show Answer Correct Answer: A) For trading in shares of companies. 10. BEF is the statement which banks submit to RBI relating to: A) Transactions in US Dollars. B) Importers who have not submitted documentary evidence for import within stipulated time period. C) Over due export bills. D) Non performing assets. Show Answer Correct Answer: B) Importers who have not submitted documentary evidence for import within stipulated time period. 11. When the loan is granted for purchase of white goods, it is called A) Consumption loan. B) White goods loan. C) Consumer durable loan. D) Business loan. Show Answer Correct Answer: C) Consumer durable loan. 12. RRB's were established on the recommendations of..... A) Narsimham committee. B) N. L. Dantwala committee. C) B.Shivraman Committee. D) S. M. Kelkar committee. Show Answer Correct Answer: A) Narsimham committee. 13. Which was the first bank to introduce ATM in India? A) IDBI. B) UTI. C) ICICI. D) HSBC. Show Answer Correct Answer: D) HSBC. 14. With which bank South Gujarat Local Area Bank Ltd was merged in 2004? A) Punjab National Bank. B) State Bank of India. C) Bank of Baroda. D) Syndicate Bank. Show Answer Correct Answer: C) Bank of Baroda. 15. Which of the following is a foreign bank having branches in India? A) HDFC Bank. B) ICICI Bank. C) Yes Bank. D) Standard Chartered Bank. Show Answer Correct Answer: D) Standard Chartered Bank. 16. The Reserve Bank of India began production of notes in 1938, issuing Rs. 2, 51, 01, 000 notes. Rs. 500 note was re-introduced again in A) 1987. B) 2000. C) 2003. D) 2006. Show Answer Correct Answer: A) 1987. 17. Expand the term BCBS. [Corporation Bank 2011] A) Bank's Committee on Banking Supervision. B) Basel Committee on Banking Supervision. C) Bank's Commission on Banking Supervision. D) Basel Commission on Banking Supervision. Show Answer Correct Answer: D) Basel Commission on Banking Supervision. 18. Which of the following training establishment is not run by Reserve Bank of India? A) Bankers Training College, Bombay. B) College of Agricultural Banking, Pune. C) NIBM. D) All of the above. Show Answer Correct Answer: C) NIBM. 19. The total authorised capital of RRBs was originally fixed at Rs. 1 crore which has since been raised to A) Rs. 2 crore. B) Rs. 3 crore. C) Rs. 5 crore. D) Rs. 7 crore. Show Answer Correct Answer: B) Rs. 3 crore. 20. In which year did the United Nations General Assembly adopted the World Environment Day? A) 1970. B) 1972. C) 1981. D) 1985. Show Answer Correct Answer: B) 1972. ← 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