This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 26 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 26 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following is a reason for inflation? A) Deficit financing. B) Structural deficiencies. C) Growth in per capita income. D) All of the above. Show Answer Correct Answer: D) All of the above. 2. Which of the following is not a banking term? A) MIBOR. B) Entry load. C) Letter of credit. D) Factoring services. Show Answer Correct Answer: B) Entry load. 3. Research Institutions set up by Reserve Bank of India are A) NIBM (National Institute of Bank Management), Pune. B) IGIDR(Indira Gandhi Institute of Development Research), Mumbai. C) IDRBT (Institute for Development and Research in Ban- king Technology), Hyderabad. D) All of the above. Show Answer Correct Answer: D) All of the above. 4. When the bank lends money to the customer, the relationship, of the customer and banker is..... A) Principle - Agent. B) Creditor and Debtor. C) Debtor and Creditor. D) All of these. Show Answer Correct Answer: C) Debtor and Creditor. 5. According to CSO's estimates at what percent Indian economy is likely to grow during fiscal 2014-15? A) 7.2 %. B) 7.4 %. C) 7.6 %. D) 7.8 %. Show Answer Correct Answer: B) 7.4 %. 6. Which one of the following belongs to Bank Capitalization? A) Basel I norms. B) Basel II norms. C) Basel III norms. D) Solvency II norms. Show Answer Correct Answer: C) Basel III norms. 7. In which year "Dena Bank" was formed? A) 26th May 1936. B) 26th May 1938. C) 26th May 1940. D) 26th May 1942. Show Answer Correct Answer: B) 26th May 1938. 8. The banker has a lien on .....? A) Bonds given for safe custody. B) Bonds given for collection. C) Both (a) and (b). D) Bonds left by mistake. Show Answer Correct Answer: B) Bonds given for collection. 9. Which became the first bank globally to launch m-Visa. A service in which a person can transit cardless A) SBI. B) IOB. C) ICICI. D) HDFC. Show Answer Correct Answer: C) ICICI. 10. A loan bearing low rate of interest is known as .....? A) Soft loan. B) Hard loan. C) Real Loan. D) Capital Loan. Show Answer Correct Answer: A) Soft loan. 11. An adjustable-rate mortgage loan in which the borrower pays a very low initial interest rate, which increases after a few years is referred to as A) Soft Loan. B) Teaser Loan. C) Promo Loan. D) Early Bird Loan. Show Answer Correct Answer: B) Teaser Loan. 12. When did the banking crisis of 1913-1917 end? A) 1949. B) 1959. C) 1969. D) 1979. Show Answer Correct Answer: A) 1949. 13. Societies Registration Act..... A) 1860. B) 1890. C) 1905. D) 1942. Show Answer Correct Answer: A) 1860. 14. What is the minimum amount to be invested under Sukanya Samriddhi Scheme? A) Rs. 500. B) Rs. 1000. C) Rs. 1500. D) No ceiling. Show Answer Correct Answer: B) Rs. 1000. 15. Who issues 'Commercial Papers'? A) Banks to Banks. B) Banks to Companies. C) A Company to a Bank. D) Company to its suppliers. Show Answer Correct Answer: A) Banks to Banks. 16. The software that is used for a centralised environment in banking operations is called A) Core banking situations. B) Central branch solutions. C) Centralized business solutions. D) Centralized banking solutions. Show Answer Correct Answer: D) Centralized banking solutions. 17. Which of the following banks is limited to the needs of agriculture and rural finance? A) SBI. B) RBI. C) IFC. D) NABARD. Show Answer Correct Answer: D) NABARD. 18. Where is National Institute of Bank Management (NIBM) located? A) Pune. B) Nasik. C) Mumbai. D) New Delhi. Show Answer Correct Answer: A) Pune. 19. What is the maximum denomination of currency note that can be issued by RBI? A) Rs. 1,000. B) Rs. 5,000. C) Rs. 10,000. D) Rs. 50,000. Show Answer Correct Answer: C) Rs. 10,000. 20. USSD stands for? A) Unstructured Supplementary Service Data. B) Unstructured Supplementary Stolen Data. C) Universal Supplementary Service Data. D) Unstructured Standard Service Data. Show Answer Correct Answer: A) Unstructured Supplementary Service Data. ← 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