This quiz works best with JavaScript enabled. Home > Banking > Banking Awareness And Sebi – Quiz 9 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 9 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Co-operative Societies Act..... A) 1911. B) 1912. C) 1913. D) 1914. Show Answer Correct Answer: B) 1912. 2. In 1982, the rural planning and credit cell (RPCC) of reserve bank of India was merged in which of the following banks? A) IDBI. B) RRBs. C) SIDBI. D) NABARD. Show Answer Correct Answer: D) NABARD. 3. An account holder draws a cheque on a ..... A) Banker of the Payee. B) Banker of the Drawee. C) Banker of the Drawer. D) Banker of the Endorsee. Show Answer Correct Answer: C) Banker of the Drawer. 4. Which of the following stock exchange is derecognized by SEBI on 19.11.2014 on the allegations of serious irregularities in its functioning? A) Delhi Stock Exchange. B) Bombay Stock Exchange. C) Calcutta Stock Exchange. D) Bangalore Stock Exchange. Show Answer Correct Answer: A) Delhi Stock Exchange. 5. Which country started first plastic notes? A) Austria. B) Australia. C) Argentina. D) Afghanistan. Show Answer Correct Answer: B) Australia. 6. Who provides refinance facilities to RRBs? A) RBI. B) SIDBI. C) NABARD. D) Government of India. Show Answer Correct Answer: C) NABARD. 7. How much quantity of coins to be minted decided by A) RBI. B) SBI. C) IRDA. D) Union government. Show Answer Correct Answer: D) Union government. 8. Where is the head office of Syndicate Bank located? A) Mumbai. B) Kolkata. C) Manipal. D) Bangalore. Show Answer Correct Answer: C) Manipal. 9. Union Government has decided to set up a Bank Board Bureau (BBB) to monitor key performance indicators of two dozen public sector banks (PSBs). BBB will start functioning from ..... A) 31st December 2015. B) 1st January 2016. C) 31st March 2016. D) 1st April 2016. Show Answer Correct Answer: D) 1st April 2016. 10. Which is the first Indian bank to get ISO? A) Canara Bank. B) State Bank of India. C) Central Bank of India. D) Punjab National Bank. Show Answer Correct Answer: A) Canara Bank. 11. What is 'fiat money'? A) The currency is backed by gold reserves. B) The currency is backed by tangible assets. C) The currency is backed by budgetary support. D) The currency is backed by Government Guarantee. Show Answer Correct Answer: D) The currency is backed by Government Guarantee. 12. What is the full form of EFT? A) Efficient Funds Transfer. B) Effective Funds Transfer. C) Electronic Funds Transfer. D) Electronic Foreign Transfer. Show Answer Correct Answer: C) Electronic Funds Transfer. 13. A banknote is also known as a ..... A) Bill. B) Paper money. C) Simply a note. D) All of these. Show Answer Correct Answer: D) All of these. 14. Which one of the subsidiary banks was merged with the State Bank of India on August 13, 2008? A) State Bank of Indore. B) State Bank of Mysore. C) State Bank of Saurashtra. D) State Bank of Hyderabad. Show Answer Correct Answer: C) State Bank of Saurashtra. 15. Who headed the committee on Credit Information Reports (CIRs)? A) Aditya Puri. B) K.V Kamath. C) Kaushik Basu. D) Raghuram Rajan. Show Answer Correct Answer: A) Aditya Puri. 16. What is the name of technology given to the recently introduced computerised clearance of cheques A) MICR. B) Special clearning. C) Speedline System. D) Automatic clearance. Show Answer Correct Answer: A) MICR. 17. Which one of the following is controlled by the world wide web? A) Virtual Banking. B) Universal banking. C) Wholesale Banking. D) None of these. Show Answer Correct Answer: A) Virtual Banking. 18. Which of the following section defines offence of money laundering? A) Section 1. B) Section 2. C) Section 3. D) Section 4. Show Answer Correct Answer: C) Section 3. 19. The Holidays for the Banks are declared as per which of the following Act A) Reserve bank Act. B) Banking Regulation Act - 1949. C) Company Act. D) Negotiable instrument Act -1881. Show Answer Correct Answer: D) Negotiable instrument Act -1881. 20. "Hundi" is a A) Bill of exchange. B) Promissory note. C) Cheque. D) Draft. Show Answer Correct Answer: A) Bill of exchange. ← 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 10Banking Awareness And Sebi Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books