This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 7 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Global Rating Agency Fitch has downgraded Viability Rating (VR) by one notch to 'bb' of which among the following banks? A) Canara Bank. B) Bank of Baroda. C) State Bank of India. D) Punjab National Bank. Show Answer Correct Answer: D) Punjab National Bank. 2. First Bank in India to launch Talking ATMs for differently-able person? A) UCO Bank. B) HDFC bank. C) State Bank of India. D) Union Bank of India. Show Answer Correct Answer: D) Union Bank of India. 3. The Banking Codes and Standards Board of India was registered on 18th February, 2006 under which of the following RBI Act? A) Banking Regulation Act. B) Cooperative Societies Act. C) The Societies RegistrationAct, 1860. D) None of these. Show Answer Correct Answer: C) The Societies RegistrationAct, 1860. 4. Which of the following is not a primary function of a Bank? A) Granting loans. B) Issuing bank drafts. C) Selling Gold/Silver Coins. D) Arranging VISA for students for abroad education. Show Answer Correct Answer: D) Arranging VISA for students for abroad education. 5. In which year "Punjab National Bank" was formed? A) 19th May 1894. B) 19th May 1896. C) 19th May 1898. D) 19th May 1901. Show Answer Correct Answer: A) 19th May 1894. 6. What is the most powerful tool used by the Reserve Bank of India to control inflation? A) Raise interest rates. B) Reduce interest rates. C) Raise current supply. D) Reduce current supply. Show Answer Correct Answer: A) Raise interest rates. 7. In which year "Nainital Bank Limited" was formed? A) 1951. B) 1952. C) 1953. D) 1954. Show Answer Correct Answer: D) 1954. 8. Finance is a field that deals with the study of..... A) Rules. B) Money. C) Investments. D) None of these. Show Answer Correct Answer: D) None of these. 9. Call Money, Notice Money and Term Money markets are sub-markets of the ..... A) USA Money Market. B) Indian Money Market. C) Japan Money Market. D) All of the above. Show Answer Correct Answer: B) Indian Money Market. 10. 'One Family one Bank' is the tagline of which Bank? A) Indian Bank. B) Bank of India. C) Union Bank of India. D) Bank ofMaharashtra. Show Answer Correct Answer: D) Bank ofMaharashtra. 11. What is the tagline of HDFC Bank? A) One Family One Bank. B) India's International Bank. C) We understand your world. D) One Family One Bank. Show Answer Correct Answer: C) We understand your world. 12. Which among the following is known as prepaid negotiable instrument? A) Bankers cheque/ Pay order. B) Promissory note. C) Fixed deposit. D) Cheque. Show Answer Correct Answer: A) Bankers cheque/ Pay order. 13. Maximum amount of Cheque A) Rs.1 crore. B) Rs.150 crore. C) Rs.200 crore. D) No limit. Show Answer Correct Answer: D) No limit. 14. The SARFAESI Act 2002 empowers Banks / Financial Institutions to recover their non-performing assets (bad loans) without the intervention of the Court. In "SARFAESI" second "S" stands for ..... A) Share. B) Saving. C) Security. D) Securitisation. Show Answer Correct Answer: C) Security. 15. The duration of fund raising from the commercial banks to the extent of RIDFs shortfall in agricultural lending is ..... A) Daily. B) Weekly. C) Monthly. D) Yearly. Show Answer Correct Answer: D) Yearly. 16. Which is the first Indian bank started solely with Indian capital investment? A) Canara Bank. B) State Bank of India. C) Punjab National Bank. D) Central Bank of India. Show Answer Correct Answer: C) Punjab National Bank. 17. A bank include in the second schedule of RBI is called as A) National Bank. B) Scheduled Bank. C) Commercial Bank. D) Cooperative Bank. Show Answer Correct Answer: B) Scheduled Bank. 18. What happens when a bank dishonours a cheque? A) It is called nullifying of the cheque. B) It is called settlement of the cheque. C) It is called withdrawing of the cheque. D) It is called return of the cheque unpaid. Show Answer Correct Answer: D) It is called return of the cheque unpaid. 19. Where is the Bank of International Settlement headquartered? A) France. B) Belgium. C) Germany. D) Switzerland. Show Answer Correct Answer: D) Switzerland. 20. Who works as RBI's agent at places where it has no office of its own? A) State Bank of India. B) Ministry of Finance. C) Government of India. D) International Monetary Fund. Show Answer Correct Answer: A) State 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 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