This quiz works best with JavaScript enabled. Home > Finance > Banking > Banking Awareness And Sebi – Quiz 8 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 8 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Whom with Primary Dealers deal in both primary and secondary markets? A) Debentures. B) Equities. C) Corporate Bonds. D) Government Securities. Show Answer Correct Answer: D) Government Securities. 2. Public sector banks are ..... A) Payments Bank. B) Non-scheduled banks. C) Scheduled commercial banks. D) None of these. Show Answer Correct Answer: C) Scheduled commercial banks. 3. Fixed deposits are for the bank .....? A) Fixed asset. B) Time liability. C) Demand liability. D) All of the above. Show Answer Correct Answer: B) Time liability. 4. Which of the following is known as narrow money? A) M1. B) M2. C) M4. D) M3. Show Answer Correct Answer: A) M1. 5. The Basic Savings Bank Deposit Account (BSBDA) issued by banks is offered to which of the following customers? A) Farmers. B) Students. C) Self Help Group members. D) All the customers. Show Answer Correct Answer: D) All the customers. 6. Provident Funds Act..... A) 1945. B) 1955. C) 1935. D) 1925. Show Answer Correct Answer: D) 1925. 7. Which of the following is not a function of General Insurance? A) Cattle Insurance. B) Crop Insurance. C) Fire Insurance. D) Medical Insurance. Show Answer Correct Answer: D) Medical Insurance. 8. Which one of the following is open for public inspection and copying? A) FOIA. B) FACTA. C) FCRA. D) FDCPA. Show Answer Correct Answer: A) FOIA. 9. Which Bank has opened its first branch in South Korea that is to play an important role in strengthening economic partnership between the two nations? A) SBI. B) PNB. C) HDFC. D) ICICI. Show Answer Correct Answer: A) SBI. 10. The New Capital Adequacy Frame work prescribed for the banks is commonly known as? A) Fiscal Policy. B) Credit Policy. C) KYC norms. D) Basel accord. Show Answer Correct Answer: D) Basel accord. 11. Banking sector comes under which sector? A) Manufacturing sector. B) Industrial sector. C) Services sector. D) Realty sector. Show Answer Correct Answer: C) Services sector. 12. Mutual funds are required to be registered with A) NABARD. B) RBI. C) AMFI. D) SEBI. Show Answer Correct Answer: D) SEBI. 13. What is the time taken for effecting fund transfer from one account to another under RTGS? A) One hours. B) Four hours. C) Three hours. D) Two hours. Show Answer Correct Answer: D) Two hours. 14. Which of the following public sector banks has highest number of branches in India? A) Bank of india. B) Allahabad Bank. C) State bank of India. D) Punjab National Bank. Show Answer Correct Answer: C) State bank of India. 15. Which of the following steps is not required by the user for withdrawing money from ATM? A) Entering PIN. B) Entering account no. C) Inserting ATM card in the card slot. D) All of the above. Show Answer Correct Answer: B) Entering account no. 16. SEBI was established in the year A) 1982. B) 2002. C) 2012. D) 1992. Show Answer Correct Answer: D) 1992. 17. In which year "Imperial Bank of India" was formed? A) 1920. B) 1923. C) 1921. D) 1922. Show Answer Correct Answer: C) 1921. 18. Gilt-edged securities market is the market for government and semi-government securities. These securities carry A) Fixed interest rate. B) Floating interest rate. C) Fixed as well as floating interest rate. D) No interest rate at all. Show Answer Correct Answer: A) Fixed interest rate. 19. Expand the term 'FRBM' A) Fiscal Responsibility and Budget Management. B) Fiscal Responsibility and Business management. C) Financial Responsibility and Budget Management. D) Financial Responsibility and Business management. Show Answer Correct Answer: A) Fiscal Responsibility and Budget Management. 20. The Government of India is planning to revive which of the following types of banks by infusing fresh capital? A) Regional Rural Banks. B) Public Sector Banks. C) Private Sector Banks. D) Developmental Institutes who have converted themselves into Banks. Show Answer Correct Answer: A) Regional Rural Banks. 21. Resurgent India Bonds were issued in US dollar, Pound Sterling and ..... A) Deutsche Mark. B) Euro. C) Japanese Yen. D) French Franc. Show Answer Correct Answer: A) Deutsche Mark. 22. What is the tagline of SBI? A) Working for a better tomorrow. B) You can always bank on us. C) Experience Next Generation Banking. D) Pure Banking Nothing Else. Show Answer Correct Answer: D) Pure Banking Nothing Else. 23. A bond issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate of Interest) is called..... A) Preference Bond. B) Zero Coupon Bond. C) Convertible Bond. D) Perpetual Bond. Show Answer Correct Answer: B) Zero Coupon Bond. 24. When the rate of inflation increases? A) Purchasing power of money remains unaffected. B) Value of money increases. C) Purchasing power of money decreases. D) Purchasing power of money increases. Show Answer Correct Answer: C) Purchasing power of money decreases. 25. What is the full form of FCCB? A) Foreign Currency Convertible Board. B) Foreign Convertible Currency Board. C) Foreign Currency Convertible Bank. D) Foreign Currency Convertible Bond. Show Answer Correct Answer: D) Foreign Currency Convertible Bond. 26. What happens if a crossed cheque is presented for payment? A) It cannot be paid at all. B) It can be paid only through a banker. C) It can be paid across the counter in another bank. D) None of the above. Show Answer Correct Answer: B) It can be paid only through a banker. 27. Who is the first women Deputy Governor of Reserve Bank of India? A) Pratibha Advani. B) Ranging Kumar. C) Kanchan Choudhary Bhattacharya. D) K.J. Udeshi. Show Answer Correct Answer: D) K.J. Udeshi. 28. Which is the first bank established in India? A) General Bank of India. B) Bank of Calcutta. C) State Bank of India. D) Bank of Hindustan. Show Answer Correct Answer: D) Bank of Hindustan. 29. World Bank Headquarters is situated in? A) UK. B) India. C) USA. D) Japan. Show Answer Correct Answer: C) USA. 30. Interest payable on savings bank accounts is A) Regulated by Sate Governments. B) Regulated by Central Government. C) Regulated by RBI. D) Regulated by Finance minister. Show Answer Correct Answer: A) Regulated by Sate Governments. ← 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 9Banking Awareness And Sebi Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books