This quiz works best with JavaScript enabled. Home > Banking > Banking Affairs > Banking Affairs – Quiz 68 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Affairs Quiz 68 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following is not a tax/duty levied by the Government of India? A) Income Tax. B) Education Cess. C) Service Tax. D) Toll Tax. Show Answer Correct Answer: D) Toll Tax. 2. The ability of commercial banks to increase their deposits by expanding their loans and advances is known as A) Capital expansion. B) Credit expansion. C) Credit control. D) Credit creation. Show Answer Correct Answer: D) Credit creation. 3. RBI has released its guidelines for entry of new banks in the private sectorin the month of February 201 3. One of the norms is at least a prescribed percentage of branches of new bank should be set in unbanked rural centres with a population of upto 9, 999 people. What is the percentage of such branches prescribed in the norms? A) 10%. B) 15%. C) 18%. D) 0.25. Show Answer Correct Answer: D) 0.25. 4. Which one of the following is a Self-Employment Programme for Educated Unemployed Youth? [Corporation Bank 2011] A) Prime Minister's Rozgar Yojana. B) Swarn Jayanti Sahakari Rozgar Yojana. C) National Social Assistance Programme. D) Swarn Jayanti Gram Swarozgar Yojana. Show Answer Correct Answer: A) Prime Minister's Rozgar Yojana. 5. An anna was equal to A) 4 paise. B) 16 paise. C) 50 paise. D) 100 paise. Show Answer Correct Answer: A) 4 paise. 6. Which of the following clearly define the Line of Credit loans? A) It is start-up loans allowing businesses to open. B) It allows businesses to borrow money from a lender at any given time, up to a certain amount of. C) It is the simplest type of corporate loans. D) It is made so businesses can buy property. Show Answer Correct Answer: B) It allows businesses to borrow money from a lender at any given time, up to a certain amount of. 7. What are major functions undertaken by merchant bankers? A) Issue management. B) Capital structuring/restructuring. C) Market maker in capital market. D) All of the above. Show Answer Correct Answer: D) All of the above. 8. In respect of which one of the following areas, Y. H. Malegam Committee has submitted its recommendations? A) Interest on Micro Finance loans. B) Teaser loans. C) Rural development. D) Advances to agriculture. Show Answer Correct Answer: A) Interest on Micro Finance loans. 9. Which one is not the most common objective of Banking regulations? A) Systematic Risk Reduction. B) Credit Allocation. C) Prudential Objectives. D) Market Discipline. Show Answer Correct Answer: D) Market Discipline. 10. Which of the following Co-operative Banks is considered as the first Co-operative Bank in India? A) Abhyudaya Co-operative Bank Ltd. B) Ahmedabad Mercanile Co-operative Bank Ltd. C) Amanath Co-operative Bank Ltd. D) Anyonya Co-operative Bank. Show Answer Correct Answer: D) Anyonya Co-operative Bank. 11. The Reserve Bank of India (RBI) announced recently that its board has given approval to create an additional post in the rank of Deputy Governor. For this RBI has approached the government for required legislative changes. Which post is this? A) Chief Knowledge Officer (CKO. B) Chief Operating Officer (COO). C) Chief Visionary Officer (CVO). D) Chief Business Development Officer (CBDO). Show Answer Correct Answer: B) Chief Operating Officer (COO). 12. During which years, Dr. Manmohan Singh served as Governor of RBI? A) 1980-83. B) 1982-83. C) 1982-85. D) 1886-89. Show Answer Correct Answer: C) 1982-85. 13. NAMA word is related to which organisation? A) World Trade Organisation. B) UNCTAD. C) International Monetary Fund. D) World Bank. Show Answer Correct Answer: A) World Trade Organisation. 14. Body which regulates microfinance is A) RBI. B) Indian Banks Association. C) NABARD. D) SIDBI. Show Answer Correct Answer: C) NABARD. 15. Which of the following sets of sources of revenue belongs to the Union Government alone? A) Gift Tax, Holding Tax. B) Sales Tax, Income Tax. C) Customs Duties, Corporation Tax. D) Wealth Tax, Land Revenue. Show Answer Correct Answer: C) Customs Duties, Corporation Tax. 16. In Regional Rural Banks, What is the contribution of the Sponsor Banks? A) 50%. B) 15%. C) 35%. D) 25%. Show Answer Correct Answer: C) 35%. 17. Who decides on the value and volume of bank notes to be printed and on what basis? (SBI 2011) A) Finance Ministry. B) Planning Commission. C) RBI. D) Stock exchange. Show Answer Correct Answer: C) RBI. 18. The public debt office function under the control of..... A) Ministry of Finance. B) Reserve Bank of India. C) SEBI. D) IRDA. Show Answer Correct Answer: B) Reserve Bank of India. 19. 'Beti Bachao, Beti Padhao Yojana' a Scheme for women safety recently passed in Union Budget 2014-1 5. How much money has been allotted for this scheme? A) Rs. 500 Crore. B) Rs. 100 Crore. C) Rs. 150 Crore. D) Rs. 50 Crore. Show Answer Correct Answer: B) Rs. 100 Crore. 20. The Govt of India and RBI are making all the efforts to provide banking facilities to all the villages/habitations in the county. This is the part of their policy of A) PURA. B) Financial Inclusion. C) Swawalamban. D) Pradhan Mantri Adarsh Gram Yojana. Show Answer Correct Answer: B) Financial Inclusion. ← 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