This quiz works best with JavaScript enabled. Home > Banking > Banking Affairs > Banking Affairs – Quiz 74 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Affairs Quiz 74 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of these is a quantitative instrument of Monetary Policy? A) Repo rate. B) CRR. C) SLR. D) All of the above. Show Answer Correct Answer: D) All of the above. 2. RBI known as lender of last resort because: A) It has to meet the credit need of citizens to whom no one else is willing to lend. B) Banks lend to go to RBI as a last resort. C) It comes to help banks in times of crisis. D) None of these. Show Answer Correct Answer: C) It comes to help banks in times of crisis. 3. With reference to Banking, The 15th day of a month is known as..... A) Banking Day. B) Customer's Day. C) Holiday. D) Complaints Day. Show Answer Correct Answer: B) Customer's Day. 4. World Photography day is observed on: A) 17th August. B) 19th August. C) 20th August. D) 22nd August. Show Answer Correct Answer: B) 19th August. 5. In July 1969, how many Commercial Banks were nationalized? A) 13. B) 14. C) 15. D) 16. Show Answer Correct Answer: B) 14. 6. Slogan of Federal Bank is.....? A) For all your needs. B) One family one bank. C) Together we can. D) Your Perfect Banking Partner. Show Answer Correct Answer: D) Your Perfect Banking Partner. 7. Which of the following policies of the financial sectors is basically designed to transfer local financial assets into foreign financial assets freely and at market determined exchange rates? Policy of A) Capital Account Convertibility. B) Financial Deficit Management. C) Minimum Support Price. D) Restrictive Trade practices. Show Answer Correct Answer: A) Capital Account Convertibility. 8. Infrastructure Finance Company should contribute how much per cent to the equity of IDF-NBFCs? A) 40%. B) 49%. C) 45%. D) 51%. Show Answer Correct Answer: B) 49%. 9. 1 Money Supply as defined by the Reserve Bank of India, M includes..... A) Currency with the public. B) Currency, demand deposits with Banks and other deposits with RBI. C) Currency with the public and time deposits with Banks. D) Currency with the public and deposits with National Savings Organizations. Show Answer Correct Answer: B) Currency, demand deposits with Banks and other deposits with RBI. 10. What is the full form of CARE ratings and when it was established? A) Credit Analysis and Research Limited, 1993. B) Credit Analysis and Research Establishment, 1992. C) Credit Arrangement and Research Enterprises, 1996. D) None of the Above. Show Answer Correct Answer: A) Credit Analysis and Research Limited, 1993. 11. When was the process of introducing computerization in all branches of banks began in 1993? A) 1991. B) 1992. C) 1993. D) 1994. Show Answer Correct Answer: C) 1993. 12. The PCR will collect data from which of the following entities? A) SEBI. B) Goods and Services Network. C) Insolvency and Bankruptcy Board of India. D) All of the above. Show Answer Correct Answer: D) All of the above. 13. Which is the card that looks like any other plastic card or an ATM card with Integrated Circuit (IC chip)? A) Member card. B) Charge card. C) Credit card. D) Smart card. Show Answer Correct Answer: D) Smart card. 14. Central Co-operative Banks A) Occupy a crucial importance in the cooperative credit structure. B) Form an important link between the State co-operative bank at the apex and the primary agricultural credit societies at the base. C) Are closer to the primary societies than an Apex Bank could be one. D) All of the above. Show Answer Correct Answer: D) All of the above. 15. Under which of the following methods of depreciation, amount of depreciation varies every year? A) Written Down Value Method. B) Straight Line Method. C) Amount of depreciation does not vary on year to year basis. D) Either A or B. Show Answer Correct Answer: A) Written Down Value Method. 16. Which public sector bank has the tagline "Your Tech-friendly bank"? A) Dena bank. B) Bank of Baroda. C) Indian bank. D) United Bank. Show Answer Correct Answer: C) Indian bank. 17. Which of the following indicates the wealth of a person? A) Bank balance. B) Capital. C) Net worth. D) Assets. Show Answer Correct Answer: C) Net worth. 18. What do we call the banking oriented towards mass welfare and financial inclusion of the poor? A) Mass Banking. B) Narrow banking. C) Social banking. D) None of the above. Show Answer Correct Answer: C) Social banking. 19. Which of the following are money markets instruments? A) A 14-day repurchase agreement of Treasury 8% 2007. B) A treasury bill with 7 days to maturity. C) A 3-month certificate of deposit. D) All of the above. Show Answer Correct Answer: D) All of the above. 20. What is a RS.RS.Settlement" ? A) Settlement of payment instructions which bank has send. B) Settlement of refunds. C) Settlement of payment instructions received. D) None of the above. Show Answer Correct Answer: C) Settlement of payment instructions received. ← 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