This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 20 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 20 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following are the amounts owed to a company that are not going to be paid? A) Bad debts. B) Overdrawn accounts. C) Out of order accounts. D) Non-performing Assets. Show Answer Correct Answer: A) Bad debts. 2. Under Section 5(a) of the Banking Regulation Act 1949, approved securities denote A) The securities approved by IDBI. B) Securities approved by Indian Banks Association. C) Securities defined under section 20 of the Indian Trusts Act 1882. D) None of these. Show Answer Correct Answer: C) Securities defined under section 20 of the Indian Trusts Act 1882. 3. In which year "Lakshmi Vilas Bank Limited" was formed? A) 1925. B) 1926. C) 1927. D) 1928. Show Answer Correct Answer: B) 1926. 4. An Individual can have what number of 'Basic Savings Bank Deposit Account' in one bank? A) Only one. B) Only two. C) Only three. D) Only four. Show Answer Correct Answer: A) Only one. 5. What is a Bank breeze? A) Instraction to a landowner to pick up a customer's debt. B) Instruction not to honour a stop payment. C) Cheque that a bank draws upon itself. D) Letter from a Bank. Show Answer Correct Answer: C) Cheque that a bank draws upon itself. 6. Rupee coins are the legal tender in India under the provisions of A) Indian Coinage Act 1906. B) Banking Regulation Act 1949. C) Reserve Bank of India Act 1934. D) Negotiable Instruments Act 1881. Show Answer Correct Answer: A) Indian Coinage Act 1906. 7. Which among the following is NOT a subsidiary of RBI? A) SIDBI. B) NABARD. C) National Housing Bank. D) Bharatiya Reserve Bank Note Mudran Private Limited. Show Answer Correct Answer: A) SIDBI. 8. Who is responsible for minting coins in India, and under which act? A) RBI, RBI Act. B) RBI, Coinage Act. C) Government of India, Coinage Act. D) Government of India, Banking Regulation Act. Show Answer Correct Answer: C) Government of India, Coinage Act. 9. Axis bank is a A) Gramin Bank. B) Foreign Bank. C) Cooperative Bank. D) Private Sector Bank. Show Answer Correct Answer: D) Private Sector Bank. 10. For a scheduled bank the paid up capital and collected funds of bank should not be less than .....? A) Rs. 1 lakh. B) Rs. 5 lakh. C) Rs. 50 crore. D) Rs. 1 crore. Show Answer Correct Answer: B) Rs. 5 lakh. 11. Which of the following has introduced a new tool named Data Warehousing and Business Intelligence System for speedy analysis of data and identification of violations? A) RBI. B) SBI. C) TRAI. D) IRDA. Show Answer Correct Answer: B) SBI. 12. What is the full form of CDSL? A) Central Depository Services Limited. B) Cardinal Depository Services Limited. C) Central Depository Securities Limited. D) None of these. Show Answer Correct Answer: A) Central Depository Services Limited. 13. IFSC in a cheque means A) It has 11 digits alpha numeric. B) Indian Financial System Code. C) First 4 digits represent Bank Name. D) All the above. Show Answer Correct Answer: D) All the above. 14. A cheque is defined u/s ..... of NI Act . A) 6. B) 9. C) 10. D) 13(a). Show Answer Correct Answer: A) 6. 15. In which year "Andhra Bank" was formed? A) 1920. B) 1921. C) 1922. D) 1923. Show Answer Correct Answer: D) 1923. 16. Name the mobile banking app of Kotak Mahindra Bank (KMB) launched primarily for "un-banked" regions? A) Bharat. B) Kotak India. C) Kotak Bharat. D) Indian Kotak. Show Answer Correct Answer: C) Kotak Bharat. 17. Under which kind of banking, the purchasing through net banking comes? A) M-commerce. B) P-commerce. C) Online banking. D) Offline banking. Show Answer Correct Answer: C) Online banking. 18. The Bombay Stock Exchange (BSE) Established in..... A) 1855. B) 1865. C) 1875. D) 1885. Show Answer Correct Answer: C) 1875. 19. ATM cards are issued to a person who maintains any of following accounts with the bank A) Current Accounts. B) Savings Bank Accounts. C) Both (a) and (b). D) Loan or Cash Credit Accounts. Show Answer Correct Answer: C) Both (a) and (b). 20. What is the product of the share price and number of the company's outstanding ordinary shares? A) Market Price. B) Market Trend. C) Treasury Stock. D) Market Capitalization. Show Answer Correct Answer: D) Market Capitalization. ← 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