This quiz works best with JavaScript enabled. Home > Banking > Banking Affairs > Banking Affairs – Quiz 63 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Affairs Quiz 63 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What happens to corporate bond with a fixed interest rate, if interest rates in nation increase? A) Decrease in value. B) Be returned to corporation. C) Remain unchanged. D) Increase in value. Show Answer Correct Answer: A) Decrease in value. 2. Which of the following is not a function of the Reserve Bank of India? A) Fiscal policy functions. B) Exchange control functions. C) Insurance, exchange and destruction of currency notes. D) Monetary authority functions. Show Answer Correct Answer: A) Fiscal policy functions. 3. Insurance companies in India are regulated by A) AMFI. B) IRDA. C) SEBI. D) RBI. Show Answer Correct Answer: B) IRDA. 4. .....is raised in capital markets. A) Funds through long term securities. B) Long term loans through Govt. securities. C) Medium term loans. D) Short-term instruments. Show Answer Correct Answer: A) Funds through long term securities. 5. The financial results of banks and other organisations normally are expressed in quarters. What does $Q-1$ mean? A) Results of January-March. B) Performance during April-June. C) Profits during July-September. D) The period when the profits are highest. Show Answer Correct Answer: B) Performance during April-June. 6. World Economic Situation and Prospects Report is associated with: A) IMF. B) World Bank. C) United Nations. D) WTO. Show Answer Correct Answer: C) United Nations. 7. Which of the following is India's one of the major Microfinance Institution? A) Grameen. B) Bantra. C) Brae. D) Spandana. Show Answer Correct Answer: D) Spandana. 8. Which of the following is NOT associated with climate change and/or global warming? A) Basel norms. B) Bali Meet 2007. C) Copenhagen Conference. D) Kyoto Protocol. Show Answer Correct Answer: A) Basel norms. 9. Which among the following finance companies has received RBI approvals to set up a minimum of 9, 000 white label ATMs (WLAs) in the next three years in rural India? A) CMS Finvest Ltd. B) SREI Infrastructure Finance Ltd. C) Reliance Capital Ltd. D) Tokyo Finance Ltd. Show Answer Correct Answer: B) SREI Infrastructure Finance Ltd. 10. Which organisation developed BHIM Application? A) SBI. B) RBI. C) NPCI. D) SEBI. Show Answer Correct Answer: C) NPCI. 11. Moral Suasion is..... A) A term descriptive of corrupt practices of many banks. B) A term applied to banks that are conservative in their banking practices. C) Persuasion of banks to adhere to central bank desires. D) It denotes conduct or character that is bad and vice. Show Answer Correct Answer: C) Persuasion of banks to adhere to central bank desires. 12. A type of cheque which is more than six months old is a A) Mutilated cheque. B) Crossed cheque. C) Stale cheque. D) Post-dated cheque. Show Answer Correct Answer: C) Stale cheque. 13. Telebanking service is based on A) Virtual banking. B) Online banking. C) Voice banking. D) Core banking. Show Answer Correct Answer: C) Voice banking. 14. In India, forex rates are determined by A) Exporters. B) Demand and supply forces. C) Importers. D) None of these. Show Answer Correct Answer: B) Demand and supply forces. 15. When was the Government Securities Act passed? A) 2002. B) 1999. C) 2005. D) 2006. Show Answer Correct Answer: D) 2006. 16. Who signs the One Rupee notes in India? A) Prime Minister. B) RBI Governor. C) Finance Secretary. D) President. Show Answer Correct Answer: C) Finance Secretary. 17. In a Poverty Pyramid index, which of the following segments of population faces the highest poverty risk? [Corporation Bank 2011] A) Formal Wage Employment. B) Informal Self-Employment: Employers. C) Regular Informal Wage Employment. D) Casual Informal Wage Employment and Domestic Work. Show Answer Correct Answer: D) Casual Informal Wage Employment and Domestic Work. 18. The employees pension plan in which the employees contribute a portion of earning into the fund is classified as? A) Cash balance plans. B) Early retirement window. C) Deferred profit sharing plan. D) Savings and thrift plan. Show Answer Correct Answer: D) Savings and thrift plan. 19. Which of the followings clearly define the Leasing services? A) One party agrees to rent property owned by another party. B) It guarantees the lessee, also known as the tenant, use of an asset. C) It guarantees the lessor, regular payments from the lessee . D) All of the Above. Show Answer Correct Answer: D) All of the Above. 20. Which sector contributes most to the savings in India? A) Public sector. B) Private corporate sector. C) Household sector. D) Administrative sector. Show Answer Correct Answer: C) Household sector. ← 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