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Banking Affairs Quiz 26 (30 MCQs)

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1. The RBI has prescribed that all SGBs should maintain their SLRs in
2. Which of the following banks enjoys the reputation of being at the top in market capitalization among all the private banks?
3. Which of the following public sector banks is regarded as being the first to launch its own Mutual Fund Scheme?
4. The new issue market is connected with.....
5. In which year does Reserve Bank of India introduced the concept of classification of money into $M_1$, $M_2$, $M_3$ and so on?
6. Which of the following is not a part of the World Bank?
7. Currently, banks claim that they have achieved 100% CBS. What are they referring to?
8. A working group on cheque transactions and E-cheques was constituted by the Reserve Bank of India under the chairmanship of Dr R B Barman and major recommendations of group include
9. "Honours your Trust" is a Tag line of which bank?
10. Who amongst the following has asked banks to adopt 'six step' approach to prevent diversion of funds by the companies?
11. BASEL-III will be implemented from.....
12. What is Money Laundering?
13. Agricultural taxation in India is difficult because of
14. Under which section of the RBI Act 1934 the Ways and Means Advances is provided?
15. The Narasimham Committee-I was set-up to suggest some recommendations for improvement in the
16. Regional Rural Banks were set up on the recommendations of
17. Which amongst the following organizations make major credit policies for the Regional Rural Banks (RRBs)?
18. The Reserve Bank of India has divested its stake in State Bank of India to
19. In the case of advances against fixed deposits receipts of the bank
20. 'Account Payee Crossing' of cheques is meant to convey which of the following
21. Banks and other institutions have issued debt and credit cards, the purpose of both are
22. Which of the following is NOT a Public Sector Unit?
23. Which of the following Acts was framed specially to deal more effectively with the problem of Non-Performing Assets in banking system? [Corporation Bank 2011]
24. Which of these are at the lowest rung of Rural Cooperative banking structure in India?
25. If a company, which is not a non-banking financial company wants to collect public deposits, it is governed by.....Act
26. Under which act the Local Area banks are registered?
27. Which of the following organisations provides credit history of the borrowers?
28. What type of loan is granted by banks for purchase of white goods?
29. In case where the loan is sanctioned by the bank against the borrower submitting the fake/forged documents and thus, playing fraud on the bank, such a loan is to be treated in the bank's books as a.....asset, even when there is recovery in the account as per the repayment schedule approved by the bank at the time of sanctioning the loan.
30. In recent years it has been recognized increasingly that a large segment of the rural population is out of the reach of the formal banking services. Which of the following is the name of the concept floated to bring most of these rural persons in the net of financial and banking services?
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