This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 14 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 14 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In which city the Bank of International Settlements (BIS) located? A) Paris. B) Basel. C) Davos. D) New York. Show Answer Correct Answer: B) Basel. 2. ASBA" stands for A) Application supported by bank account. B) Application supported by blocked account. C) Application supported by balance account. D) Application supported by blocked amount. Show Answer Correct Answer: D) Application supported by blocked amount. 3. All banking company are to prepare balance sheet and profit & loss account as on Mar 31 every year is prescribed in A) Companies Act 1956. B) Banking Regulations Act. C) 2ndschedule of RBI Act 1934. D) None of the above. Show Answer Correct Answer: B) Banking Regulations Act. 4. Which Bank was established in 1881 in Faizabad, and was the first commercial bank in India having limited liability and an entirely Indian board of directors? A) Indus Commercial Bank. B) Oudh Commercial Bank. C) Royal Commercial Bank. D) Imperial Commercial Bank. Show Answer Correct Answer: B) Oudh Commercial Bank. 5. From time - to - time, which among the following body publishes the "exchange control Manual" in context with the foreign exchange in India? A) SEBI. B) Reserve Bank of India. C) Department of commerce. D) Foreign trade promotion board. Show Answer Correct Answer: B) Reserve Bank of India. 6. Who regulates the Mutual Funds in India? A) RBI. B) FRBI. C) SEBI. D) SIDBI. Show Answer Correct Answer: C) SEBI. 7. A fixed deposit receipt is kept with the bank for its safety, is known as ..... A) Locker. B) Safe custody. C) Safe deposit. D) Valid safe deposit. Show Answer Correct Answer: B) Safe custody. 8. What is the full form of NIM? A) Net Interest Margin. B) Net Involution Margin. C) Net Involvement Margin. D) None of these. Show Answer Correct Answer: A) Net Interest Margin. 9. In India, Credit Rating Agencies are regulated by A) RBI. B) SEBI. C) Ministry of Finance. D) National Statistical Organisation (NSO). Show Answer Correct Answer: B) SEBI. 10. Small Coin Depots are A) Store houses of RBI for banknotes. B) Store houses of RBI for small coins. C) Store houses of commercial banks for rupee coins. D) Store houses of commercial banks for small coins. Show Answer Correct Answer: D) Store houses of commercial banks for small coins. 11. What is the main function of international monetary fund? A) Act as private sector lending arm of the World Bank. B) Finance investment loans to developing countries. C) Arrange international deposits from banks. D) Help to solve Balance of Payment problems of member countries. Show Answer Correct Answer: D) Help to solve Balance of Payment problems of member countries. 12. Which of the following entities are applicable for the new listing obligations and disclosure requirements of SEBI regulations, 2014? A) Listing of bonds. B) All listed companies. C) Listing of debentures. D) All of the above. Show Answer Correct Answer: D) All of the above. 13. The first Indian bank to open a branch outside India, in London in 1946 is A) BOI. B) BOB. C) PNB. D) SBI. Show Answer Correct Answer: A) BOI. 14. How many payment banks received in-principle approval by the Reserve bank of India? A) 10. B) 11. C) 12. D) 13. Show Answer Correct Answer: B) 11. 15. PAN number is required for all transactions above A) Rs. 25,000. B) Rs. 1 lac. C) Rs. 2.5 lac. D) Rs. 4 lac. Show Answer Correct Answer: B) Rs. 1 lac. 16. CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) has been set up on the recommendations of A) Chore Committee. B) Ghosh Committee. C) Kapoor Committee. D) Krishna Committee. Show Answer Correct Answer: D) Krishna Committee. 17. Who regulate monetary policy? A) RBI. B) SEBI. C) IRDA. D) SIDBI. Show Answer Correct Answer: A) RBI. 18. The Application Supported by Blocked Amount (ASBA) is related to which of the following sector? A) Export-Import. B) Capital market. C) Insurance Sector. D) Commodity market. Show Answer Correct Answer: B) Capital market. 19. What is the full form of 'MAT'? A) Minimum Alternate Tax. B) Maximum Alternate Tax. C) Minimum Alternate Time. D) Maximum Alternate Time. Show Answer Correct Answer: A) Minimum Alternate Tax. 20. Which is the first Indian bank to open branch outside India? A) Bank of India. B) Canara Bank. C) Andhra Bank. D) Bank of Baroda. Show Answer Correct Answer: A) Bank of India. ← 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