This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 22 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 22 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In which year "South Indian Bank Limited" was formed? A) 1927. B) 1928. C) 1929. D) 1930. Show Answer Correct Answer: C) 1929. 2. Life span of Rs. 10 notes are A) 10-15 months. B) 20-25 months. C) 30-35 months. D) 40-45 months. Show Answer Correct Answer: B) 20-25 months. 3. A Credit Guarantee Trust Fund has been set up for guaranteeing Collateral Free Facilities by lending institutions to Small Scale Industries. This fund is being managed by which of the following instit A) RBI. B) SBI. C) SIDBI. D) NABARD. Show Answer Correct Answer: C) SIDBI. 4. Which of the following authorities is responsible for maintaining accounts, deposits and cash management of the Government through issue Bonds and Treasury Bills? A) RBI. B) SBI. C) SEBI. D) IRDA. Show Answer Correct Answer: A) RBI. 5. Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by ..... A) IRDA. B) Government of India. C) Reserve Bank of India. D) Corporate & Financial Institutions. Show Answer Correct Answer: B) Government of India. 6. Banking Companies are prohibited under Sec 8 of banking Regulation Act to sell and purchase securities. Yet Banks are selling securities (of the customer) which are under pledge as permitted by A) SARFAESI Act. B) Indian Contract Act. C) Banking Regulation Act. D) Government Notification. Show Answer Correct Answer: C) Banking Regulation Act. 7. Which one of the following belongs to the time when a company makes the first offering of the shares to the public? A) IPO. B) CSO. C) WTO. D) REPO. Show Answer Correct Answer: A) IPO. 8. The held for trading securities are required to be sold within ..... A) 90 days. B) 180 days. C) 360 days. D) There is no such time constraint. Show Answer Correct Answer: A) 90 days. 9. IMPS stand for A) Important Payment Service. B) Immediate Payment Service. C) Internet Money Payment Service. D) Internal Market Payment Service. Show Answer Correct Answer: B) Immediate Payment Service. 10. Which among the following made the initial contribution for setting up Financial Inclusion Fund and Financial Inclusion Technology Fund? A) NABARD, UTI and RBI. B) SIDBI, NABARD and UTI. C) Government of India, NABARD and RBI. D) SIDBI, Government of India and IDBI Bank. Show Answer Correct Answer: C) Government of India, NABARD and RBI. 11. In India, conventionally, bonds are issued by institutions in ..... sector while debentures by corporate in ..... sector. A) Public, private. B) Private, public. C) Cooperative, NBFC. D) None of the above. Show Answer Correct Answer: A) Public, private. 12. Which of the following is the instrument of payment called Plastic Money? A) Debit card. B) Plastic card. C) Identity card. D) Banker's cheque. Show Answer Correct Answer: A) Debit card. 13. Which among the following is the first universal bank of India? A) HDFC. B) ICICI. C) Axis Bank. D) Federal Bank. Show Answer Correct Answer: B) ICICI. 14. What is the full-form of HDFC? A) Housing Development Finance Company. B) Housing Department Finance Corporation. C) Housing Development Finance Corporation. D) Housing Development Financial Corporation. Show Answer Correct Answer: C) Housing Development Finance Corporation. 15. When does money market is called as 'Tight'? A) When the call money rate is low. B) When the call money rate is high. C) When money availability in the market is very high. D) When participants in the money market are ready to lend. Show Answer Correct Answer: B) When the call money rate is high. 16. RBI currently follows which of the following system for issuance of currency? A) Proportional Reserve System. B) Minimum Reserve System. C) Maximum Reserve System. D) None of the above. Show Answer Correct Answer: B) Minimum Reserve System. 17. By crossing we mean A) Two horizontal lines on a cheque. B) One straight line across the cheque. C) Two lines across the cheque making 'X'. D) Two transverse parallel lines on a cheque. Show Answer Correct Answer: D) Two transverse parallel lines on a cheque. 18. Capital Market Regulator is A) RBI. B) BSE. C) SEBI. D) IRDA. Show Answer Correct Answer: C) SEBI. 19. Name the country's first small finance bank which started its operations recently? A) Utkarsh Micro Finance. B) Capital Local Area Bank. C) Ujjivan Financial Services. D) Disha Microfin Private Limited. Show Answer Correct Answer: B) Capital Local Area Bank. 20. Bank which is listed in the 2nd Schedule of the Reserve Bank of India Act, 1934 called..... A) Payments Bank. B) Scheduled bank. C) Non-scheduled banks. D) All of the above. Show Answer Correct Answer: B) Scheduled 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