This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 28 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 28 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Name the initiative launched by the Finance Minister Arun Jaitely to revamp functioning of public sector banks, PSBs on 14th Aug'15? A) BankNiti. B) Seven Plan. C) Maulik Niti. D) Indradhanush. Show Answer Correct Answer: D) Indradhanush. 2. Which one of the following is the rate at which the RBI lends money to commercial banks in the event of any shortfall of funds? A) Bank Rate. B) Repo Rate. C) Annual Percentage Rate. D) Benchmark Prime Lending Rate. Show Answer Correct Answer: B) Repo Rate. 3. As per KYC Policy, the list of terrorist organizations is supplied to the Banks by the A) RBI. B) IBA. C) CIBIL. D) Government of India. Show Answer Correct Answer: A) RBI. 4. Which of the following is known as cross selling by Banks? A) Sale of Insurance policy to a depositor. B) Sale of a debit card to a credit card holder. C) Issuance of Cash against Cheque presented by a third party. D) None of these. Show Answer Correct Answer: A) Sale of Insurance policy to a depositor. 5. Which public sector bank of India is the first fully Indian bank, established by the Indian capital? A) Bank of Baroda. B) State Bank of India. C) Punjab National Bank. D) Central Bank of India. Show Answer Correct Answer: C) Punjab National Bank. 6. Which is the instrument used by RBI under general credit control? A) SLR. B) CRR. C) Bank Rate. D) Exchange Control. Show Answer Correct Answer: C) Bank Rate. 7. Which one of the following depicts the financial position of a bank or business enterprise at a given point of time? A) Model audit. B) Balance sheet. C) Income statement. D) Cash flow statement. Show Answer Correct Answer: B) Balance sheet. 8. CRR funds are kept by the Banks in.....? A) Balance with other banks. B) Cash in hands at branches. C) Funds in the currency chest. D) Balance in a special accounts with RBI. Show Answer Correct Answer: D) Balance in a special accounts with RBI. 9. The headquarter of NIIF(National Investment and Infrastructure Fund) will be located in ..... A) Mumbai. B) Chennai. C) Bengaluru. D) New Delhi. Show Answer Correct Answer: A) Mumbai. 10. The Bombay Stock Exchange (BSE) is Asia's .....stock exchange. A) First. B) Second. C) Third. D) Fourth. Show Answer Correct Answer: B) Second. 11. In which year "Bank of Upper India" was formed? A) 1861. B) 1862. C) 1863. D) 1864. Show Answer Correct Answer: C) 1863. 12. In which year, the first bank of India "Bank of Hindustan" was established? A) 1770. B) 1775. C) 1780. D) 1785. Show Answer Correct Answer: A) 1770. 13. Which one of the following is a credit information company in India? A) ICRA. B) CIBIL. C) CARE. D) ONICRA. Show Answer Correct Answer: B) CIBIL. 14. Which among the following banks has launched "Dhanchayat" an educational film to raise awareness on the dangers of borrowing money from unorganised sources? A) SBI. B) Axis. C) ICICI. D) HDFC. Show Answer Correct Answer: C) ICICI. 15. Currency Chests are A) Store houses of RBI for banknotes and small coins. B) Store houses of RBI for banknotes and rupee coins. C) Store houses of commercial banks for banknotes and small coins. D) Store houses of commercial banks for banknotes and rupee coins. Show Answer Correct Answer: D) Store houses of commercial banks for banknotes and rupee coins. 16. When a bank returns a cheque unpaid, it is called A) Drawing of the cheque. B) Payment of the cheque. C) Cancelling of the cheque. D) Dishonour of the cheque. Show Answer Correct Answer: D) Dishonour of the cheque. 17. The subsidiary banks attached to the State Bank are A) State Bank of Hyderabad. B) State Bank of Mysore. C) State Bank of Saurashtra. D) All of the above. Show Answer Correct Answer: D) All of the above. 18. In which year "Oriental Bank of Commerce" was formed? A) 19th February 1941. B) 19th February 1942. C) 19th February 1943. D) 19th February 1944. Show Answer Correct Answer: C) 19th February 1943. 19. When did the Government of India appoint a committee under the chairmanship of Shri M.Narasimham to strengthen the banking system? A) December, 1997. B) April, 1998. C) September, 2005. D) May, 2006. Show Answer Correct Answer: A) December, 1997. 20. In India, currency notes are issued by A) Finance Ministry. B) State Bank of India. C) Financial Secretary. D) Reserve Bank of India. Show Answer Correct Answer: D) Reserve Bank 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