This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 15 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 15 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Small Coins are A) Coins with denominations of Re. 1. B) Coins with denominations of more than Re. 1. C) Coins with denominations of less that Re. 1. D) None of the above. Show Answer Correct Answer: C) Coins with denominations of less that Re. 1. 2. Who conducts integrated supervision over commercial banks, FIs and NBFCs and other para-banking financial institutions, in India? A) FCMD of RBI. B) Security Exchange Board of India. C) Dept. Of Banking Operations, RBI. D) Ministry of Finance, Govt. of India. Show Answer Correct Answer: A) FCMD of RBI. 3. Which type of machine is used by Business Correspondents? A) POS. B) Micro ATMs. C) Solar empowered. D) Biometric Card Reader. Show Answer Correct Answer: D) Biometric Card Reader. 4. National Electronic Funds Transfer (NEFT) is a nationwide payment system facilitating one-to-one funds transfer. What is the limit on the amount that could be transferred using NEFT? A) Rs. 1 lakh. B) Rs. 2 lakh. C) Rs. 5 lakh. D) No limit. Show Answer Correct Answer: D) No limit. 5. A Bank would usually allow opening of a current account to .....? A) Lunatic person. B) Illiterate person. C) Minor Customer. D) None of the Above. Show Answer Correct Answer: D) None of the Above. 6. What is the full form of LIBOR? A) London Inter Bank Offered Rate. B) Local Indian Bank Offered Rate. C) London-India Bureau Of Regulations. D) Liberal International Bank Official Ratio. Show Answer Correct Answer: C) London-India Bureau Of Regulations. 7. "Basel Committee on Banking Supervision" is also known as ..... A) Global Financial System. B) Financial Stability Board. C) Banking Regulation Committee. D) Bank for International Settlements Committee. Show Answer Correct Answer: D) Bank for International Settlements Committee. 8. Rural Infrastructure Development Fund (RIDF) is financed by A) NABARD. B) Reserve Bank of India. C) Ministry of Rural Development. D) Selected group of Public Sector Banks. Show Answer Correct Answer: A) NABARD. 9. From the following in which bank no person can open his account? A) RBI. B) Rural Bank. C) Commercial Bank. D) Cooperative Bank. Show Answer Correct Answer: A) RBI. 10. In India, the bank which issued central currency is A) Bank of India. B) State Bank of India. C) Central Bank of India. D) Reserve Bank of India. Show Answer Correct Answer: D) Reserve Bank of India. 11. In finance, a derivative is a..... A) Return. B) Contract. C) Legal Agreement. D) None of these. Show Answer Correct Answer: B) Contract. 12. Which of the following permit cheque operation? A) Savings bank accounts and cash accounts. B) Savings bank accounts and current accounts. C) Current accounts and fixed deposit accounts. D) Savings bank accounts and fixed deposit accounts. Show Answer Correct Answer: B) Savings bank accounts and current accounts. 13. What is meant by Scheduled Bank? A) A bank included in 2ndschedule of RBI Act. B) The bank incorporated under Banking Companies Act 1956. C) The bank functioning under provisions of Banking Reg. Act 1949. D) Bank issued a license by RBI mentioning therein that it is a scheduled bank. Show Answer Correct Answer: A) A bank included in 2ndschedule of RBI Act. 14. Which of the following was the first mutual fund listed on the newly launched mutual fund platform on National Stock Exchange (NSE)? A) LIC Mutual Fund. B) UTI Mutual Fund. C) SBI Mutual Fund. D) Bank of Baroda Mutual Fund. Show Answer Correct Answer: B) UTI Mutual Fund. 15. As per SEBI directives, what is the minimum public shareholding in case of listed companies A) 5 %. B) 15 %. C) 25 %. D) 35 %. Show Answer Correct Answer: C) 25 %. 16. The markets catering the need of short term funds are called..... A) Insurance. B) Money Markets. C) Capital Markets. D) None of these. Show Answer Correct Answer: B) Money Markets. 17. What is the full form of FIMMDA? A) Fixed Income Money Markets & Derivatives Affiliation. B) Fixed Income Money Markets & Derivatives Association. C) Foreign Income Money Markets & Derivatives Association. D) Floating Income Money Markets & Derivatives Association. Show Answer Correct Answer: B) Fixed Income Money Markets & Derivatives Association. 18. A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as? A) Core Banking. B) Mobile Banking. C) National Banking. D) Investment Banking. Show Answer Correct Answer: A) Core Banking. 19. Who was was the first Indian to become governor of RBI? A) John Mathai. B) C. D. Deshmukh. C) Liaquat Ali Khan. D) T. T. Krishnamachari. Show Answer Correct Answer: B) C. D. Deshmukh. 20. Capital market can be divided into A) Gilt edged market. B) Industrial securities market. C) Both (a) and (b). D) Personal securities market. Show Answer Correct Answer: C) Both (a) and (b). ← 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