This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 17 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 17 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. RBI has launched a website to provides information about identifying fake currency. A) Https://www.rbi.org.in. B) Https://www.rbi.org.com. C) Https://paisaboltahai.rbi.org.in. D) Https://paisaboltahai.rbi.org.com. Show Answer Correct Answer: C) Https://paisaboltahai.rbi.org.in. 2. When did the National Housing Bank start its operations? A) July, 1982. B) July, 1984. C) July, 1988. D) July, 1994. Show Answer Correct Answer: C) July, 1988. 3. A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to stop payment. Bank will A) Stop payment. B) Performs no action. C) Not act on the request. D) Note caution and will advice the payee to contact purchaser of the draft. Show Answer Correct Answer: D) Note caution and will advice the payee to contact purchaser of the draft. 4. Which is the largest private sector bank in India? A) Axis Bank. B) ICICI Bank. C) HDFC Bank. D) South Indian Bank. Show Answer Correct Answer: B) ICICI Bank. 5. The formal way of lending includes lending from? A) RRB. B) Co-operative Banks. C) Public Sector Banks andPrivate Sector Banks. D) All of the above. Show Answer Correct Answer: D) All of the above. 6. In which year "Indian Overseas Bank" was formed? A) 1931. B) 1935. C) 1937. D) 1939. Show Answer Correct Answer: C) 1937. 7. BFS- Board for Financial Supervision constituted in 1994 by RBI to undertake consolidated supervision of A) Commercial Banks. B) Financial Institutions. C) Non Banking Finance Companies. D) All the above. Show Answer Correct Answer: D) All the above. 8. What is the cost of credit expressed as a percentage on a yearly basis called? A) WPI. B) APY. C) APR. D) None of these. Show Answer Correct Answer: C) APR. 9. When did the Government initiate the process of amalgamation of RRBs in a phased manner? A) October, 2001. B) September, 2005. C) March, 2009. D) June, 2010. Show Answer Correct Answer: B) September, 2005. 10. Which of the following acts as Regulators for Credit rating agencies in India? A) RBI. B) SEBI. C) NSDL. D) SIDBI. Show Answer Correct Answer: B) SEBI. 11. Which of the following bank launches India's first Mobile ATM? A) SBI. B) Axis Bank. C) ICICI Bank. D) HDFC Bank. Show Answer Correct Answer: C) ICICI Bank. 12. National Institute of Bank Management is the institute meant for..... A) Training of bank employees in Banking. B) Recruitment of Bank Employees at all levels. C) Providing Management personnel to the Banks. D) All of the above. Show Answer Correct Answer: D) All of the above. 13. Bill of Exchange, Promissory Notes and Cheques are defined as A) Trust Receipts. B) Negotiable Instruments. C) Documents of Title of Goods. D) All of these. Show Answer Correct Answer: B) Negotiable Instruments. 14. Which of the following is a part of the core sector? A) Textiles. B) Chemicals. C) Real Estate. D) Machine Manufacturing. Show Answer Correct Answer: D) Machine Manufacturing. 15. Open-market operations of Reserve Bank of India refer to? A) Auctioning. B) Trading in securities. C) Transaction in gold. D) All of these. Show Answer Correct Answer: B) Trading in securities. 16. NEFT is useful because A) The beneficiary need not visit his/ her bank for depositing the paper instruments. B) The remitter need not send the physical cheque or Demand Draft to the beneficiary. C) Cost effective. D) All the above. Show Answer Correct Answer: D) All the above. 17. If the stock markets are declining then it is called as ..... A) Stage. B) Bull run. C) Bear run. D) Down run. Show Answer Correct Answer: C) Bear run. 18. Banks have to declare CAR in their balance sheet. What is the full form of CAR? A) Capital At Risk. B) Capital Adequacy Ratio. C) Court Appointed Receiver. D) Computer Assisted Reporting. Show Answer Correct Answer: B) Capital Adequacy Ratio. 19. What is the full form of FSDC? A) Fiscal Stability and Development Council. B) Financial Stability and Development Council. C) Financial Security and Development Council. D) Financial Security and Development Convention. Show Answer Correct Answer: B) Financial Stability and Development Council. 20. Minimum cash reserves fixed by law constitute ..... A) A percentage of capital & reserves of the bank. B) A percentage of aggregate deposits of the bank. C) A percentage of aggregate loans and advances of the bank. D) All of the above. Show Answer Correct Answer: B) A percentage of aggregate deposits of the bank. ← 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