This quiz works best with JavaScript enabled. Home > Banking > Banking Affairs > Banking Affairs – Quiz 35 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Affairs Quiz 35 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Co-operative movement in which of the following section of the indian economy has been highly successful? A) Small scale sector. B) Milk production. C) Transport sector. D) Energy sector. Show Answer Correct Answer: B) Milk production. 2. Non-Performing assets of commercial banks means their loans..... A) Fetching very low rate of Interests. B) For which interest/instalment has remained unpaid after due date. C) Given to sick industrial units . D) Have not been disbursed at all . Show Answer Correct Answer: B) For which interest/instalment has remained unpaid after due date. 3. Which among the following surveys is not conducted by Reserve Bank of India? A) Consumer Confidence Survey (CCS). B) Inflation Expectations Survey of Households (IESH). C) Survey of Professional Forecasters on Macroeconomic Indicators. D) Annual Survey of Industries. Show Answer Correct Answer: D) Annual Survey of Industries. 4. Which of the following is the custodian of India's foreign exchange reserve? A) Department of Finance. B) State Bank of India. C) Reserve Bank of India. D) Board of Financial Supervision. Show Answer Correct Answer: C) Reserve Bank of India. 5. Which of the following conducts the Annual Survey of Industries (ASI)? A) Central Statistics Office. B) National Sample Survey Organisation. C) Ministry of Heavy Industries and Public Enterprises. D) Ministry of Economy. Show Answer Correct Answer: A) Central Statistics Office. 6. Which of the following is not the essential requirement for the endorsement as per Negotiable Instrument Act, 1881? A) It should be on the instrument. B) It should be made by the holder or the maker. C) Signatures should be in ink and not by pencil or rubber stamp. D) It should contain unconditional order. Show Answer Correct Answer: D) It should contain unconditional order. 7. Under what section of the Banking Regulation Act, 1949 the payments banks are licensed? A) 22. B) 2. C) 19. D) 11. Show Answer Correct Answer: A) 22. 8. The Reserve Bank of India was set-up on the recommendations of the A) Narasimham Committee. B) Hilton-Young Commission. C) Mahalanobis Committee. D) Fazal Ali Commission. Show Answer Correct Answer: B) Hilton-Young Commission. 9. Which is the first co-operative bank in India? A) Anyonya Co-operative Bank Limited. B) Bombay Co-operative Bank Limited. C) Jamnagar Co-operative Bank Limited. D) The Hindu Co-operative Bank Limited. Show Answer Correct Answer: A) Anyonya Co-operative Bank Limited. 10. Depreciation of an asset occurs due to A) Fire in the unit. B) Theft. C) Labour Trouble. D) Wear and tear. Show Answer Correct Answer: D) Wear and tear. 11. Which of the following Acts has specially been enacted to help banks deal with bad loans? A) Negotiable Instrument Act. B) Banking Regulation Act. C) Offshore Banking Act. D) SARFAESI Act. Show Answer Correct Answer: D) SARFAESI Act. 12. Which of the following are the different routes for the Venture Capital Exit? A) IPO. B) Promoter buyback. C) Mergers and Acquisitions. D) All of the Above. Show Answer Correct Answer: D) All of the Above. 13. Which of the following is the developmental activities of merchant banking? A) Sources of funds forever. B) Expanding industry and trade. C) Leaving a widening gap unbridged between supply and demand of investible funds. D) All of the above. Show Answer Correct Answer: D) All of the above. 14. What was the fiscal deficit for 2013-14, as disclosed in the Economic Survey 2013-14? A) 4.1% of GDP. B) 4.2% of GDP. C) 4.3% of GDP. D) 4.5% of GDP. Show Answer Correct Answer: D) 4.5% of GDP. 15. RBI has launched new restructuring tool RS.S4A' to raise banks' moral hazard risk. S4A stands for which of the following? A) Scheme for Systematic Structuring of Stressed Assets. B) Scheme for Sustainable Structuring of Scholastic Assets. C) Scheme for Sustainable Structuring of Stressed Assets. D) Scheme for Sustainable Strength of Stressed Assets. Show Answer Correct Answer: C) Scheme for Sustainable Structuring of Stressed Assets. 16. The National Agricultural Insurance Scheme was started by the Government of India in..... A) 1990. B) 1995. C) 1999. D) 1997. Show Answer Correct Answer: C) 1999. 17. Trust IDF is regulated by which of the following? A) SBI. B) RBI. C) SEBI. D) None of the above. Show Answer Correct Answer: C) SEBI. 18. What is the length of UPI pin? A) 2 digits. B) 10 digits. C) 4-6 digits. D) 2-4 digits. Show Answer Correct Answer: C) 4-6 digits. 19. Principal functions of SIDBI A) Promotion of SSI. B) Finance of SSI. C) Development of SSI. D) All the above. Show Answer Correct Answer: D) All the above. 20. Indian Railways during August 2014 launched a contact-less smart card enabling passengers to pay for reserved as well as unreserved travelling train tickets as part of a pilot project. What is the name of this smart card with lifetime validity? A) Go-India. B) Go-Bharat. C) Go-Indian. D) Go-Railway. Show Answer Correct Answer: A) Go-India. ← 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