This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 11 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 11 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Nainital Bank is a subsidiary of which of the following banks? A) Syndicate Bank. B) Bank of Baroda. C) State Bank of India. D) Reserve Bank of India. Show Answer Correct Answer: B) Bank of Baroda. 2. If a bank needs to attract Provident Fund Deposits, what are the criteria that banks must possess? A) Capital adequacy of 9 %. B) Profitability in preceding 3 years. C) Minimum of Rs.200 crores as net worth. D) All of the above. Show Answer Correct Answer: D) All of the above. 3. Reserve Bank of India (RBI) has decided to issue .....denomination coins to commemorate International Yoga Day which is being observed every year on 21 June. A) 1 rupee. B) 5 rupee. C) 10 rupee. D) 100 rupee. Show Answer Correct Answer: C) 10 rupee. 4. Money market is a market for A) Short term. B) Long term. C) Medium term. D) It is a one day lending and borrowing market. Show Answer Correct Answer: A) Short term. 5. Reserve Bank of India does not perform the role of A) Bank of Bank. B) Issue of Currency. C) Bank of Government. D) To accept money from public. Show Answer Correct Answer: D) To accept money from public. 6. RBI grants "in-principle" approval to Reliance Industries Limited to set up Payments Banks in the country. To which among the following RIL has partnered with for Payment Bank Licence? A) SBI. B) LIC. C) Bajaj Capital. D) Apollo Munich. Show Answer Correct Answer: A) SBI. 7. Accounts are allowed to be operated by cheques in respect of A) Both Savings bank accounts and loan accounts. B) Savings bank accounts and current accounts. C) Both Current accounts and fixed deposit accounts. D) Both Savings bank accounts and fixed deposit accounts. Show Answer Correct Answer: B) Savings bank accounts and current accounts. 8. Bank rate policy, open market operations, variable reserve requirements and statutory liquidity requirements as measures of credit control are classified as A) Qualitative methods. B) Quantitative methods. C) Weighted average method. D) None of the above. Show Answer Correct Answer: B) Quantitative methods. 9. Which of the following is the oldest Joint Stock Bank of India? A) Bank of India. B) Patiala Bank. C) Bank of Baroda. D) Allahabad Bank. Show Answer Correct Answer: D) Allahabad Bank. 10. Deposits mobilised by the banks are utilised for A) Loans and advances. B) Investment in commercial paper, shares, debentures up to stipulated ceilings. C) Investment in government and other approved securities in fulfilment of liquidity stipulation. D) All of the above. Show Answer Correct Answer: D) All of the above. 11. Issuing credit cards is a component of A) Micro finace. B) Rural banking. C) Retail Banking. D) Corporate Banking. Show Answer Correct Answer: C) Retail Banking. 12. Banking Industry has been declared as public utility service for purpose of A) Industrial Disputes Act. B) Banking regulation Act, 1949. C) Reserve bank of India Act, 1934. D) Negotiable Instruments Act, 1881. Show Answer Correct Answer: A) Industrial Disputes Act. 13. The Stock Exchange Board of India was set up by a Special Act in .....? A) 1975. B) 1983. C) 1988. D) 1991. Show Answer Correct Answer: C) 1988. 14. Whom with Primary Dealers deal in both primary and secondary markets? A) Equities. B) Debentures. C) Corporate Bonds. D) Government Securities. Show Answer Correct Answer: D) Government Securities. 15. Public sector banks are ..... A) Payments Bank. B) Non-scheduled banks. C) Scheduled commercial banks. D) None of these. Show Answer Correct Answer: C) Scheduled commercial banks. 16. Fixed deposits are for the bank .....? A) Fixed asset. B) Time liability. C) Demand liability. D) All of the above. Show Answer Correct Answer: B) Time liability. 17. Which of the following is known as narrow money? A) M1. B) M2. C) M3. D) M4. Show Answer Correct Answer: A) M1. 18. The Basic Savings Bank Deposit Account (BSBDA) issued by banks is offered to which of the following customers? A) Farmers. B) Students. C) Self Help Group members. D) All the customers. Show Answer Correct Answer: D) All the customers. 19. FCCB stands for A) Form currency convertible bonds. B) Forex currency convertible bonds. C) Foreign currency convertible bonds. D) Future currency convertible bonds. Show Answer Correct Answer: D) Future currency convertible bonds. 20. Provident Funds Act..... A) 1925. B) 1935. C) 1945. D) 1955. Show Answer Correct Answer: A) 1925. ← PreviousNext →Related QuizzesBanking Awareness And Sebi Quiz 1Banking 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 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books