This quiz works best with JavaScript enabled. Home > Finance > Banking > Banking Awareness And Sebi – Quiz 14 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 14 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Under which kind of banking, the purchasing through net banking comes? A) P-commerce. B) M-commerce. C) Online banking. D) Offline banking. Show Answer Correct Answer: C) Online banking. 2. The Bombay Stock Exchange (BSE) Established in..... A) 1875. B) 1855. C) 1885. D) 1865. Show Answer Correct Answer: A) 1875. 3. ATM cards are issued to a person who maintains any of following accounts with the bank A) Current Accounts. B) Savings Bank Accounts. C) Both (a) and (b). D) Loan or Cash Credit Accounts. Show Answer Correct Answer: C) Both (a) and (b). 4. What is the product of the share price and number of the company's outstanding ordinary shares? A) Treasury Stock. B) Market Capitalization. C) Market Trend. D) Market Price. Show Answer Correct Answer: B) Market Capitalization. 5. In which year "Central Bank of India" was formed? A) 21st December 1913. B) 21st December 1911. C) 21st December 1912. D) 21st December 1910. Show Answer Correct Answer: B) 21st December 1911. 6. Where is the United Bank of India headquartered? A) Mangaluru. B) New Delhi. C) Mumbai. D) Kolkata. Show Answer Correct Answer: D) Kolkata. 7. In which year, Paper Currency Act was enacted by British Government of India? A) 1863. B) 1862. C) 1860. D) 1861. Show Answer Correct Answer: D) 1861. 8. What is the stipulated share of the priority sector in the net bank credit? A) 50 %. B) 40 %. C) 30 %. D) 20 %. Show Answer Correct Answer: B) 40 %. 9. Which among the following has launched a Smart Humsafar Plan, a unique plan which offers multiple benefits of savings and insurance cover for husband and wife under a single policy? A) ICICI Prudential. B) LIC. C) SBI Life. D) NIACL. Show Answer Correct Answer: C) SBI Life. 10. Which among the following is the act of taking on a risk for a fee? A) Guidewire. B) Initial Public Offering. C) Predictive analytics. D) Underwriting. Show Answer Correct Answer: D) Underwriting. 11. Which of the following got accredited by the Green Climate fund as a national implementing entity for undertaking climate change related projects in India? A) SIDBI. B) EPFO. C) NABARD. D) MUDRA. Show Answer Correct Answer: C) NABARD. 12. Money lent for one day is called A) Term Money. B) Call money. C) Notice money. D) All of the above. Show Answer Correct Answer: B) Call money. 13. Under Bretton Woods System, as a member of IMF, India declared its par value of rupee in terms of..... A) British Pound. B) American Dollar. C) Gold. D) Australian Dollar. Show Answer Correct Answer: C) Gold. 14. Which among the following is not a public sector bank? A) UCO Bank. B) Vijaya Bank. C) Allahabad Bank. D) City Union Bank. Show Answer Correct Answer: D) City Union Bank. 15. Kapoor committee, 1999 is related to ..... A) Capital Account convertibility. B) Micro-finance. C) Restructuring of RRBs. D) Co-operative Banking Reforms. Show Answer Correct Answer: D) Co-operative Banking Reforms. 16. Which of the following is one of the main functions of the Reserve Bank of India? A) Regulation of Mutual Funds in India. B) Regulation of the Stock Markets. C) Banker's Bank. D) Regulation of Life Insurance. Show Answer Correct Answer: C) Banker's Bank. 17. What does the section 85 of The Negotiable Instruments Act, 181 deal with? A) Discharge from liability. B) Cheque payable to order. C) When cheque not duly presented and drawer damaged thereby. D) Discharge by allowing drawer more than forty eight hours to accept. Show Answer Correct Answer: B) Cheque payable to order. 18. In which year "United Bank of India" was formed? A) 1951. B) 1943. C) 1947. D) 1955. Show Answer Correct Answer: B) 1943. 19. Which is the minimum lending rate decided by RBI which shall be adopted by all Public Sector Banks? A) Bank rate. B) Base rate. C) Overnight rate. D) None of the above. Show Answer Correct Answer: B) Base rate. 20. Which was the first Indian Bank to introduce credit card? A) Central Bank of India. B) ICICI. C) Union Bank of India. D) State Bank of India. Show Answer Correct Answer: A) Central Bank of India. 21. What is the full form of TLR? A) Triple Lock Reception. B) Two Lock Receptacle. C) Triple Lock Receptacle. D) Two Lock Reception. Show Answer Correct Answer: C) Triple Lock Receptacle. 22. Which of the following is true about the functions performed by RBI A) It is the Bank of Issue. B) It is the banker of other banks. C) It regulates the flow of credit. D) All of the above. Show Answer Correct Answer: D) All of the above. 23. First Indian bank to Introduce internet banking A) Bank of India. B) ICICI bank. C) UCO Bank. D) HDFC bank. Show Answer Correct Answer: B) ICICI bank. 24. Who is the highest judicial forum and final court of appeal under the Constitution of India? A) President of the Republic of India. B) Prime Minister of India. C) Supreme Court of India. D) None of these. Show Answer Correct Answer: C) Supreme Court of India. 25. In which year "South Indian Bank Limited" was formed? A) 1928. B) 1927. C) 1930. D) 1929. Show Answer Correct Answer: D) 1929. 26. Life span of Rs. 10 notes are A) 10-15 months. B) 30-35 months. C) 20-25 months. D) 40-45 months. Show Answer Correct Answer: C) 20-25 months. 27. A Credit Guarantee Trust Fund has been set up for guaranteeing Collateral Free Facilities by lending institutions to Small Scale Industries. This fund is being managed by which of the following instit A) NABARD. B) SIDBI. C) SBI. D) RBI. Show Answer Correct Answer: B) SIDBI. 28. Which of the following authorities is responsible for maintaining accounts, deposits and cash management of the Government through issue Bonds and Treasury Bills? A) IRDA. B) RBI. C) SBI. D) SEBI. Show Answer Correct Answer: B) RBI. 29. Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by ..... A) Government of India. B) IRDA. C) Corporate & Financial Institutions. D) Reserve Bank of India. Show Answer Correct Answer: A) Government of India. 30. Banking Companies are prohibited under Sec 8 of banking Regulation Act to sell and purchase securities. Yet Banks are selling securities (of the customer) which are under pledge as permitted by A) SARFAESI Act. B) Banking Regulation Act. C) Indian Contract Act. D) Government Notification. Show Answer Correct Answer: B) Banking Regulation Act. ← PreviousNext →Related QuizzesFinance 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 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books