This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 27 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 27 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Volume and value of banknotes to be printed each year is determined by A) GDP growth. B) Inflation rate. C) Reserve Stock requirements. D) All of the above. Show Answer Correct Answer: D) All of the above. 2. Small Industries Development Bank of India (SIDBI) provides refinance facilities under ARS. What is the full form of ARS? A) Automatic Refinance Solution. B) Automatic Refinance Scheme. C) Allocation and Refinance Scheme. D) Allocation and Refinance Solutions. Show Answer Correct Answer: B) Automatic Refinance Scheme. 3. PJ Naik committee is related to A) Refinancing weak banks. B) Licensing to private bank. C) Governance of bank boards. D) Privatization of nationalized banks. Show Answer Correct Answer: C) Governance of bank boards. 4. Infusion of liquidity, by RBI, is done through ..... from / to banks under a ..... transaction. A) Lending, repo. B) Borrowing, repo. C) Lending, reverse repo. D) Borrowing, reverse repo. Show Answer Correct Answer: A) Lending, repo. 5. Nomination was introduced in banks by amendment in which of the following act. A) RBI Act. B) Companies Act. C) Banking Regulation Act. D) Negotiable Instruments Act. Show Answer Correct Answer: C) Banking Regulation Act. 6. In which year "HDFC Bank" was formed? A) August 1988. B) August 1990. C) August 1992. D) August 1994. Show Answer Correct Answer: D) August 1994. 7. In which year "City Union Bank" was formed? A) 1901. B) 1902. C) 1903. D) 1904. Show Answer Correct Answer: D) 1904. 8. When the loan is guaranteed for purchase of white goods it is called.....? A) Business loan. B) White goods loan. C) Consumption loan. D) Consumer durable loan. Show Answer Correct Answer: D) Consumer durable loan. 9. Flexi deposits means? A) Call Deposit. B) Fixed deposits. C) Hybrid deposits. D) Floating Rate of Interest deposits. Show Answer Correct Answer: C) Hybrid deposits. 10. What is the maximum monthly pension for the subscribers under Atal Pension Yojana? A) Rs 2000. B) Rs 3000. C) Rs 4000. D) Rs 5000. Show Answer Correct Answer: D) Rs 5000. 11. Which among the following is an unsecured promissory notes? A) Loan. B) Commercial papers. C) Certificate of deposits. D) None of the above. Show Answer Correct Answer: B) Commercial papers. 12. In which year "Federal Bank Limited" was formed? A) 1945. B) 1947. C) 1949. D) 1951. Show Answer Correct Answer: A) 1945. 13. Financial institution that does not supervised by a national or international banking regulatory agency? A) IDBI. B) ICICI. C) NBFI. D) Reserve Bank of India. Show Answer Correct Answer: C) NBFI. 14. Crossing on a cheque can be cancelled by the ..... of the cheque, under his full signature. A) Payee. B) Holder. C) Drawee. D) Drawer. Show Answer Correct Answer: D) Drawer. 15. What is the full form of 'FINO', a term we see frequently in financial newspapers? A) Farmers Inclusion News and Operations. B) Financial Inclusion Network and Operations. C) Farmer's Investment in National Organization. D) Financial Investment Network and Operations. Show Answer Correct Answer: D) Financial Investment Network and Operations. 16. Which is the first bank to introduce Internet banking? A) ICICI Bank. B) Canara Bank. C) State Bank of India. D) Punjab National Bank. Show Answer Correct Answer: A) ICICI Bank. 17. Which one of the following provides banking services to all villages having a population upto 2000? A) Plan for Financial Inclusion Technology. B) Plan for Financial Exclusion. C) Plan for Financial Inclusion. D) None of the above. Show Answer Correct Answer: A) Plan for Financial Inclusion Technology. 18. Which of the following is not a characteristic of a Soiled Note? A) Slightly cut. B) Notes in more than two pieces. C) Became dirty. D) Notes in two pieces, but the cut is not passed through the number panels. Show Answer Correct Answer: B) Notes in more than two pieces. 19. Chairman of Banks are decided by A) RBI. B) Finance Ministry. C) Corporate Ministry. D) Commerce Ministry. Show Answer Correct Answer: B) Finance Ministry. 20. A cheque bearing the date earlier than the date of submission to the banks is known as..... A) State Cheque. B) Bearer Cheque. C) Crossed Cheque. D) Post Dated Cheque. Show Answer Correct Answer: D) Post Dated Cheque. ← 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