This quiz works best with JavaScript enabled. Home > Banking > Banking Affairs > Banking Affairs – Quiz 62 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Affairs Quiz 62 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Intervenes in markets to maintain the external value of the Indian rupee A) Exporters. B) Importers. C) RBI. D) IMF. Show Answer Correct Answer: C) RBI. 2. The Head Office of the National Bank for Agriculture & Rural Development (NABARD) is located in A) New Delhi. B) Hyderabad. C) Mumbai. D) Lucknow. Show Answer Correct Answer: C) Mumbai. 3. The short term loans given to the farmers are the loans given normally for a period of A) Three months. B) Six months. C) Nine months. D) One year. Show Answer Correct Answer: D) One year. 4. Which of the following rating agencies is best suited for MSME Ratings? A) CRISIL. B) CIBIL. C) SMERA. D) ICRA. Show Answer Correct Answer: C) SMERA. 5. If a credit card is lost, the card member should call up the Customer Helpline number and he says his request for deactivating the card. This is called A) Hotlisting. B) Crosslisting. C) Shortlisting. D) Blocklisting. Show Answer Correct Answer: A) Hotlisting. 6. Which of the following is/are known as banker's bank? A) SBI. B) NABARD. C) RBI. D) All of these. Show Answer Correct Answer: C) RBI. 7. Which of the following in not the method of measuring National Income? A) Product method. B) Income Method. C) Consumption Method. D) Production method. Show Answer Correct Answer: D) Production method. 8. In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities? A) Commercial Banks. B) Co-operative Banks. C) Regional Rural Banks. D) Microfinance Institutions. Show Answer Correct Answer: A) Commercial Banks. 9. GDP at factor cost is A) GDP minus indirect taxes plus subsidies. B) GNP minus depreciation allowance. C) NNP plus depreciation allowance. D) GDP minus subsidies plus indirect taxes. Show Answer Correct Answer: A) GDP minus indirect taxes plus subsidies. 10. During which of the following plan period annual growth rate of G.D.P. was registered as 3.6%? A) First five year plan. B) Second five year plan. C) Fourth five year plan. D) Fifth five year plan. Show Answer Correct Answer: A) First five year plan. 11. The merchant banking activity in India is governed by A) SEBI. B) RBI. C) IRDA. D) All of these. Show Answer Correct Answer: A) SEBI. 12. What GDP growth rate range for 2014-15 was estimated in the Economic Survey 2013-14, which was tabled recently in the Lok Sabha? A) 5.3 to 5.9%. B) 5.2 to 5.7%. C) 5.4 to 5.9%. D) 5.1 to 5.9%. Show Answer Correct Answer: C) 5.4 to 5.9%. 13. Who is the chairperson of the Monetary Policy committee of India? A) Finance Minister. B) Prime Minister. C) RBI Governor. D) Chief Economic Advisor. Show Answer Correct Answer: C) RBI Governor. 14. Which of the following is a measure taken by Reserve Bank of India to control inflation in our country? A) Raising of Repo /Reverse Repo Rate. B) Increase in CRR. C) Increase in SLR. D) Contraction of supply of currency. Show Answer Correct Answer: A) Raising of Repo /Reverse Repo Rate. 15. What do we call a loan which remains NPA for a period less than or equal to 12 months? A) Doubtful asset. B) Sub-standard Asset. C) Loss. D) None of the above. Show Answer Correct Answer: B) Sub-standard Asset. 16. Which of the following banks has opened the country's first "Cash Factory" in Lucknow which will issue currency notes to all its branches and ATM in the area? (Andhara Bank 2009) A) Bank of India. B) Bank of Baroda. C) State Bank of India. D) Union Bank of India. Show Answer Correct Answer: C) State Bank of India. 17. Which of the following is NOT a Public Sector Unit/Undertaking/Agency? A) ECGC. B) SEBI. C) SIDBI. D) Axis Bank. Show Answer Correct Answer: D) Axis Bank. 18. What is OTP in credit card transaction? A) Odd Transaction Password. B) Owner is Trading Pass code. C) One Time Password. D) One Time Pincode. Show Answer Correct Answer: C) One Time Password. 19. Who amongst the following Padma Bhushan awardees is a famous banker? A) Azim H Premji. B) Kapila Vatsyayan. C) Chanda Kochar. D) Waheeda Rehman. Show Answer Correct Answer: C) Chanda Kochar. 20. Which of the following methods can be used to send money over UPI? A) Mobile number. B) VPA. C) Bank Account Number. 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