This quiz works best with JavaScript enabled. Home > Banking > Banking Affairs > Banking Affairs – Quiz 44 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Affairs Quiz 44 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Deposits with Regional Rural Banks (RRBs) are insured by A) Life Insurance Corporation of India. B) General Insurance Corporation. C) Deposit Insurance and Credit Gurantee Corporation. D) None of the above. Show Answer Correct Answer: A) Life Insurance Corporation of India. 2. Which of the following types of institutions operate in the call money market only as lender? A) Commercial banks. B) Primary dealers. C) Insurance companies. D) SBI. Show Answer Correct Answer: C) Insurance companies. 3. Which of the following is not Development Bank/Non Commercial Bank? A) SIDBI. B) National Housing Bank. C) IDBI. D) None of these. Show Answer Correct Answer: D) None of these. 4. Who among the following cannot become a BC? A) Krishi Vigyan Kendras. B) Khadi and Village Industries units. C) Community based organisations. D) All of the above can become a BC. Show Answer Correct Answer: D) All of the above can become a BC. 5. The full form of PIN in the parlance of an ATM card is A) Permanent Information Number. B) Personal Identification Number. C) Professional Identification Number. D) Permanent Identification Number. Show Answer Correct Answer: B) Personal Identification Number. 6. Which of the following acts as an intermediary to link up the sources of ideas and the sources of fund? A) Merchant banking. B) Venture capital. C) Leasing. D) None of these. Show Answer Correct Answer: B) Venture capital. 7. In service sector, a medium enterprise is an enterprise where the investment in equipment is more than Rs. 2 crore but does not exceed how much amount? A) Rs 5 crore. B) Rs 10 crore. C) Rs 15 crore. D) Rs 20 crore. Show Answer Correct Answer: A) Rs 5 crore. 8. Which of the following is considered an informal method of getting credit/finance? [Vijaya Bank 2008] A) Internet banking. B) Branch visits. C) Going to moneylenders. D) Telebanking. Show Answer Correct Answer: C) Going to moneylenders. 9. What is the time period for a Short term corporate loan? A) 1 Year. B) 18 Months. C) Both A and B. D) None of the above. Show Answer Correct Answer: C) Both A and B. 10. Which of the following is an investment advisory discipline? A) Corporate Industrial Finance. B) Offshare Banking. C) Wholesale Banking. D) Wealth Management. Show Answer Correct Answer: D) Wealth Management. 11. What is the maximum loan duration for the Personal Loan? A) 1-5 years. B) 2-4 years. C) 1-8 years. D) 1-10 years. Show Answer Correct Answer: A) 1-5 years. 12. What was the paidup capital of RBI when it commenced operations as India's central bank on April 1 1935? A) Rs 1 crore. B) Rs 5 crore. C) Rs 10 crore. D) Rs 100 crore. Show Answer Correct Answer: B) Rs 5 crore. 13. Tarapore Committee submitted its report on "Full Convertibility on Rupee" in A) American Depository Receipt. B) Current Account. C) Capital Account. D) A & C Both. Show Answer Correct Answer: C) Capital Account. 14. A type of fraud wherein criminals use an innocent person's details to open or use an account to carry out financial transactions is known as A) Identity theft. B) Hacking. C) Money laundering. D) Phishing. Show Answer Correct Answer: D) Phishing. 15. We suppose that Reserve Bank of India would like to increase the cash Reserves of the commercial banks. Which among the following would be most appropriate action of the RBI to achieve this aim? A) RBI would release gold form its reserves. B) RBI would raise the reserve ratio. C) RBI would buy the bonds in the open market. D) RBI will stop the transactions which involve the bills of exchange. Show Answer Correct Answer: C) RBI would buy the bonds in the open market. 16. The weakest link in the co-operative credit system is A) Non-availability of published data on their functioning. B) The non-viability of a large number of primary agricultural credit societies. C) Presence of multiple structure and diverse nature of various types of primary societies. D) Both A and B. Show Answer Correct Answer: B) The non-viability of a large number of primary agricultural credit societies. 17. The branding line of Bank of Baroda is [BOB 2008] A) International Bank of India. B) India's International Bank. C) India's Multinational Bank. D) World's local Bank. Show Answer Correct Answer: B) India's International Bank. 18. When the IDBI was set up in India? A) 1964. B) 1967. C) 1968. D) 1969. Show Answer Correct Answer: A) 1964. 19. What does C in BBPCU stand for? A) Central. B) Console. C) Centralised. D) Collection. Show Answer Correct Answer: A) Central. 20. On which of the following instruments is the rate of return calculated on a 'discount basis'? A) Commercial paper. B) Commercial bills. C) Both 1 and 2. D) Neither 1 nor 2. Show Answer Correct Answer: C) Both 1 and 2. ← 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