This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 3 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 3 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In which year "Karnataka Bank Limited" was formed? A) 1921. B) 1922. C) 1923. D) 1924. Show Answer Correct Answer: D) 1924. 2. What is the full form of SWIFT? A) Safe Window Institute For Transactions. B) Safe Window In case of Financial Transaction. C) Safe Window for Interbank Financial Transactions. D) Society for Worldwide Interbank Financial Telecommunication. Show Answer Correct Answer: D) Society for Worldwide Interbank Financial Telecommunication. 3. Which one of the following is known as the real return to the investor getting reduced due to sudden rise in the prices of the commodities? A) Cost risk. B) Market risk. C) Demand risk. D) Systemic risk. Show Answer Correct Answer: B) Market risk. 4. When was the first nationalization of banks done? A) 1stJuly, 1959. B) 8thOctober, 1960. C) 19thJuly, 1969. D) 2ndOctober, 1974. Show Answer Correct Answer: C) 19thJuly, 1969. 5. What are the various means of Electronic Payment Systems? A) ATM card. B) Debit card. C) Credit card andSmart card. D) All of the above. Show Answer Correct Answer: D) All of the above. 6. Which one of the following helps the consumers protect their credit identities and recover from identity theft? A) FOIA. B) FCRA. C) FACTA. D) FDCPA. Show Answer Correct Answer: C) FACTA. 7. Which of the following is the amount of Funds borrowed by the government to meet the expenditures? A) Fiscal policy. B) Fiscal Deficit. C) Public finance. D) Current account. Show Answer Correct Answer: B) Fiscal Deficit. 8. What is the name of the platform launched by State Bank of India (SBI) that enables customers to book their foreign exchange transactions online? A) SBI eforex. B) SBI eshare. C) SBI eonline. D) SBI emoney. Show Answer Correct Answer: A) SBI eforex. 9. Bombay Stock Exchange index 'Sensex' is based on the value of top ..... blue chip of shares. A) 10. B) 20. C) 30. D) 40. Show Answer Correct Answer: C) 30. 10. Term 'Cash Retraction' is mainly used in..... A) ATM's. B) NEFT. C) RTGS. D) None of these. Show Answer Correct Answer: A) ATM's. 11. A cheque returned for insufficiency of funds. Payee will have right to notice and approach court of law for justice under section 138 of which act? A) Indian Contract Act. B) Criminal Procedure Code. C) Negotiable Instrument Act. D) Payment and Settlement Act. Show Answer Correct Answer: C) Negotiable Instrument Act. 12. Which temple in India has opened up a Demat account to accept donations from devotees in the form of shares and securities? A) Shirdi Sai Temple. B) Vaisho Devi Temple. C) Tryambkeshwar Temple. D) Tirumala Venkateswara Temple. Show Answer Correct Answer: D) Tirumala Venkateswara Temple. 13. RBI has the legal right to issue bank notes, under which act? A) RBI Act. B) Coinage Act. C) Companies Act. D) Banking Regulation Act. Show Answer Correct Answer: A) RBI Act. 14. Which of the following are benefited through the Reserve mortgage scheme? A) Minors. B) Senior citizens. C) Government employees. D) All the above. Show Answer Correct Answer: B) Senior citizens. 15. Which among the following is called the rate of interest charged by RBI for lending money to various commercial banks by rediscounting of the bills in India? A) Bank Rate. B) Overnight Rate. C) Monetary Policy. D) Discount Window. Show Answer Correct Answer: A) Bank Rate. 16. When bank accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as.....? A) Bond. B) Mortgage. C) Term deposit. D) Demand Deposit. Show Answer Correct Answer: C) Term deposit. 17. Which of the following is not included in 'CAMELS' A) Liquidity and Systems. B) Employees Performance. C) Capital Adequacy and Asset Quality. D) Management and Earing Performance. Show Answer Correct Answer: B) Employees Performance. 18. Customer Day in the bank is on and customers are allowed to meet the top officials of the bank on this day in every month A) 5th. B) 10th. C) 15th. D) 20th. Show Answer Correct Answer: C) 15th. 19. Who signs on 1 Rupee currency note? A) The President. B) Finance Minister. C) Governor of RBI. D) Finance Secretary. Show Answer Correct Answer: D) Finance Secretary. 20. In which year "Kotak Mahindra Bank" was formed? A) 1980. B) 1985. C) 1990. D) 1995. Show Answer Correct Answer: B) 1985. ← PreviousNext →Related QuizzesBanking Awareness And Sebi Quiz 1Banking Awareness And Sebi Quiz 2Banking 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 10Banking Awareness And Sebi Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books