This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 21 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 21 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In which year "Central Bank of India" was formed? A) 21st December 1910. B) 21st December 1911. C) 21st December 1912. D) 21st December 1913. Show Answer Correct Answer: B) 21st December 1911. 2. Where is the United Bank of India headquartered? A) Kolkata. B) Mumbai. C) New Delhi. D) Mangaluru. Show Answer Correct Answer: A) Kolkata. 3. In which year, Paper Currency Act was enacted by British Government of India? A) 1860. B) 1861. C) 1862. D) 1863. Show Answer Correct Answer: B) 1861. 4. What is the stipulated share of the priority sector in the net bank credit? A) 20 %. B) 30 %. C) 40 %. D) 50 %. Show Answer Correct Answer: C) 40 %. 5. Which among the following has launched a Smart Humsafar Plan, a unique plan which offers multiple benefits of savings and insurance cover for husband and wife under a single policy? A) LIC. B) NIACL. C) SBI Life. D) ICICI Prudential. Show Answer Correct Answer: C) SBI Life. 6. Which among the following is the act of taking on a risk for a fee? A) Guidewire. B) Underwriting. C) Predictive analytics. D) Initial Public Offering. Show Answer Correct Answer: B) Underwriting. 7. Which of the following got accredited by the Green Climate fund as a national implementing entity for undertaking climate change related projects in India? A) EPFO. B) SIDBI. C) MUDRA. D) NABARD. Show Answer Correct Answer: D) NABARD. 8. Money lent for one day is called A) Term Money. B) Call money. C) Notice money. D) All of the above. Show Answer Correct Answer: B) Call money. 9. Under Bretton Woods System, as a member of IMF, India declared its par value of rupee in terms of..... A) Gold. B) British Pound. C) American Dollar. D) Australian Dollar. Show Answer Correct Answer: A) Gold. 10. Which among the following is not a public sector bank? A) UCO Bank. B) Vijaya Bank. C) Allahabad Bank. D) City Union Bank. Show Answer Correct Answer: D) City Union Bank. 11. Kapoor committee, 1999 is related to ..... A) Micro-finance. B) Restructuring of RRBs. C) Capital Account convertibility. D) Co-operative Banking Reforms. Show Answer Correct Answer: D) Co-operative Banking Reforms. 12. Which of the following is one of the main functions of the Reserve Bank of India? A) Banker's Bank. B) Regulation of Life Insurance. C) Regulation of the Stock Markets. D) Regulation of Mutual Funds in India. Show Answer Correct Answer: A) Banker's Bank. 13. What does the section 85 of The Negotiable Instruments Act, 181 deal with? A) Discharge from liability. B) Cheque payable to order. C) When cheque not duly presented and drawer damaged thereby. D) Discharge by allowing drawer more than forty eight hours to accept. Show Answer Correct Answer: B) Cheque payable to order. 14. In which year "United Bank of India" was formed? A) 1943. B) 1947. C) 1951. D) 1955. Show Answer Correct Answer: A) 1943. 15. Which is the minimum lending rate decided by RBI which shall be adopted by all Public Sector Banks? A) Bank rate. B) Base rate. C) Overnight rate. D) None of the above. Show Answer Correct Answer: B) Base rate. 16. Which was the first Indian Bank to introduce credit card? A) ICICI. B) State Bank of India. C) Union Bank of India. D) Central Bank of India. Show Answer Correct Answer: D) Central Bank of India. 17. What is the full form of TLR? A) Two Lock Reception. B) Triple Lock Reception. C) Two Lock Receptacle. D) Triple Lock Receptacle. Show Answer Correct Answer: D) Triple Lock Receptacle. 18. Which of the following is true about the functions performed by RBI A) It is the Bank of Issue. B) It is the banker of other banks. C) It regulates the flow of credit. D) All of the above. Show Answer Correct Answer: D) All of the above. 19. First Indian bank to Introduce internet banking A) UCO Bank. B) ICICI bank. C) HDFC bank. D) Bank of India. Show Answer Correct Answer: B) ICICI bank. 20. Who is the highest judicial forum and final court of appeal under the Constitution of India? A) President of the Republic of India. B) Prime Minister of India. C) Supreme Court of India. D) None of these. Show Answer Correct Answer: C) Supreme Court 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