This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 1 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. From 25th September 1975, Rupee was de-linked from pound sterling and was linked to..... A) Gold. B) Dinar. C) US Dollar. D) Basket of Currencies. Show Answer Correct Answer: D) Basket of Currencies. 2. Which of the following institution is meant for small and medium enterprises? A) RBI. B) IFCI. C) SIDBI. D) NABARD. Show Answer Correct Answer: C) SIDBI. 3. What is the full form of NDTL? A) Net Demand & Tax Liabilities. B) Net Demand & Time Liabilities. C) New Demand & Tenure Liabilities. D) National Deposits & Total Liquidity. Show Answer Correct Answer: B) Net Demand & Time Liabilities. 4. Hypothecation is A) A transaction of conditional sale. B) Transfer of ownership by the borrower to the lender. C) Either a or b. D) A legal transaction whereby goods may be made available as security for a debt. Show Answer Correct Answer: D) A legal transaction whereby goods may be made available as security for a debt. 5. When did the Reserve Bank of India notify the draft regulations relating to the Credit Information Companies (Regulation) Act, 2005? A) September 30, 2005. B) April 5, 2006. C) May 26, 2006. D) June 29, 2007. Show Answer Correct Answer: B) April 5, 2006. 6. Some banks are financing big projects like construction of roads, bridges etc. Financing such projects means banks are helping exactly in A) Financial Inclusion. B) Project Management. C) Infrastructural Development. D) Developing core sector Industry. Show Answer Correct Answer: C) Infrastructural Development. 7. Coins are minted at? A) Hyderabad. B) Kolkatta. C) Mumbai. D) All of these. Show Answer Correct Answer: D) All of these. 8. The Smart Card? A) Contains an IC Chip. B) Appears very smart. C) Issued to smart account holders. D) Issued to account holders having balance in lakhs. Show Answer Correct Answer: A) Contains an IC Chip. 9. IndusInd Bank is headquartered at..... A) Indore. B) Mumbai. C) Kolkata. D) Allahabad. Show Answer Correct Answer: B) Mumbai. 10. Payment of a cheque may be countermanded by the ..... A) Payee. B) Drawer. C) Drawee. D) True owner. Show Answer Correct Answer: B) Drawer. 11. The annual return of unclaimed deposits u/s 26 of Banking Regulation Act should be submitted to RBI within the following days after close of the calendar year A) 10 days. B) 20 days. C) 30 days. D) 40 days. Show Answer Correct Answer: C) 30 days. 12. What was the deposits criteria of 14 Banks nationalized on 19th July 1969? A) Rs. 50 Crore. B) Rs. 100 Crore. C) Rs. 500 Crore. D) Rs.1000 Crore. Show Answer Correct Answer: A) Rs. 50 Crore. 13. Who among the following is the responsible person to decide the quantity of the coins to be minted? A) RBI. B) SEBI. C) The Government of India. D) None of these. Show Answer Correct Answer: C) The Government of India. 14. Mortgage is a A) Facility on immovable property. B) Security on movable propertyfor a loan. C) Security on immovable propertyfor a loan. D) Security on loan sanctionedagainst fixed deposits. Show Answer Correct Answer: C) Security on immovable propertyfor a loan. 15. RBI governor who served as the Finance Minister in the Union Cabinet? A) Subbarao. B) Osborne Smith. C) D. Deshmukh. D) Raghuram Rajan. Show Answer Correct Answer: C) D. Deshmukh. 16. What is the percentage rate reflecting the total amount of interest paid on a deposit account called? A) WPI. B) APY. C) APR. D) None of these. Show Answer Correct Answer: B) APY. 17. Which of the following is not an imperfect note? A) Oiled note. B) Wahsed note. C) Bleached note. D) Multilated note. Show Answer Correct Answer: D) Multilated note. 18. Commercial papers are normally issued in the multiple of ..... crore. A) 2. B) 5. C) 9. D) 10. Show Answer Correct Answer: B) 5. 19. Who was the first governor of RBI? A) Mihir Sen. B) Osborne Smith. C) Nagendra Singh. D) James Braid Taylor. Show Answer Correct Answer: B) Osborne Smith. 20. Which of the following is not classified as a commercial Bank? A) Foreign Bank. B) Private Sector Bank. C) Regional Rural Bank. D) Co-operative Bank. Show Answer Correct Answer: D) Co-operative Bank. Next →Related QuizzesBanking Awareness And Sebi Quiz 2Banking Awareness And Sebi Quiz 3Banking Awareness And Sebi Quiz 4Banking Awareness And Sebi Quiz 5Banking Awareness And Sebi Quiz 6Banking Awareness And Sebi Quiz 7Banking Awareness And Sebi Quiz 8Banking Awareness And Sebi Quiz 9Banking Awareness And Sebi Quiz 10Banking Awareness And Sebi Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books