This quiz works best with JavaScript enabled. Home > Finance > Banking > Banking Awareness And Sebi – Quiz 9 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Banking Awareness And Sebi Quiz 9 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In the case of a demand draft A) Drawer, drawee and payee are different. B) Drawer, drawee and payee are the same. C) Drawer and payee are the same but the drawee is different. D) Drawer and drawee are the same but he payee is different. Show Answer Correct Answer: D) Drawer and drawee are the same but he payee is different. 2. The SLR and non-SLR securities of the banks are classified into 3 categories. Which of these is not part of those 3 categories? A) Yearly. B) Quarterly. C) Monthly. D) Half-yearly. Show Answer Correct Answer: A) Yearly. 3. Identify the macro economic policy/ policies of India ..... A) Fiscal policy. B) Monetary policy. C) Both (a) and (b). D) Regulatory policy. Show Answer Correct Answer: C) Both (a) and (b). 4. Which of the following acts govern the RBI functions? A) RBI Act 1934. B) Banking Regulation Act 1949. C) Companies Act 1956. D) Foreign Exchange Regulation Act 1973. Show Answer Correct Answer: A) RBI Act 1934. 5. Fixed deposits and recurring deposits are..... A) Not repayable. B) Repayable on demand. C) Repayable after an agreed period. D) Repayable on demand or after an agreed period as per banker's choice. Show Answer Correct Answer: D) Repayable on demand or after an agreed period as per banker's choice. 6. Which one of the following is called as initial repayment holiday given to a borrower for repayment of loan? A) Moratorium. B) Subvention. C) Amortization. D) None of the above. Show Answer Correct Answer: A) Moratorium. 7. Where is NDB headquartered? A) Shanghai. B) Chengdu. C) Beijing. D) Hong Kong. Show Answer Correct Answer: A) Shanghai. 8. Which of the following is the full form of the term SLR as used in the banking sector? A) Scheduled Liquidity Rate. B) Social Lending Ratio. C) Separate Lending Rate. D) Statutory Liquidity Ratio. Show Answer Correct Answer: C) Separate Lending Rate. 9. In which year "Bank of Maharashtra" was formed? A) 16th Sept 1941. B) 16th Sept 1939. C) 16th Sept 1935. D) 16th Sept 1937. Show Answer Correct Answer: C) 16th Sept 1935. 10. In which year, Indian Rupee was devalued for the first time? A) 1966. B) 1967. C) 1965. D) 1968. Show Answer Correct Answer: A) 1966. 11. India's first International Financial Services Centre opened at ..... A) Rajasthan. B) Maharashtra. C) Gujarat. D) West Bengal. Show Answer Correct Answer: C) Gujarat. 12. Original headquarters of RBI were located at .....? A) New Delhi. B) Bombay. C) Madras. D) Calcutta. Show Answer Correct Answer: D) Calcutta. 13. Which is the first bank to introduce credit card in India? A) Bank of Baroda. B) ICICI Bank. C) Central Bank of India. D) Canara Bank. Show Answer Correct Answer: C) Central Bank of India. 14. Who sets up 'Base Rate' for Banks? A) RBI. B) Individual Banks Board. C) Interest Rate Commission of India. D) None of the above. Show Answer Correct Answer: A) RBI. 15. In finance, .....is a profit on an investment. A) Return. B) Interest. C) Both (a) and (b). D) Principal sum. Show Answer Correct Answer: C) Both (a) and (b). 16. India's own payment gate way 'RuPay' works in which of the following channel/s? A) Exports or imports. B) Inflation or deflation. C) Indian rupee or foreign currency. D) All of the above. Show Answer Correct Answer: D) All of the above. 17. In which city the Bank of International Settlements (BIS) located? A) Paris. B) Basel. C) Davos. D) New York. Show Answer Correct Answer: B) Basel. 18. ASBA" stands for A) Application supported by blocked amount. B) Application supported by blocked account. C) Application supported by bank account. D) Application supported by balance account. Show Answer Correct Answer: A) Application supported by blocked amount. 19. All banking company are to prepare balance sheet and profit & loss account as on Mar 31 every year is prescribed in A) Companies Act 1956. B) Banking Regulations Act. C) 2ndschedule of RBI Act 1934. D) None of the above. Show Answer Correct Answer: B) Banking Regulations Act. 20. Which Bank was established in 1881 in Faizabad, and was the first commercial bank in India having limited liability and an entirely Indian board of directors? A) Imperial Commercial Bank. B) Oudh Commercial Bank. C) Royal Commercial Bank. D) Indus Commercial Bank. Show Answer Correct Answer: B) Oudh Commercial Bank. 21. From time - to - time, which among the following body publishes the "exchange control Manual" in context with the foreign exchange in India? A) SEBI. B) Department of commerce. C) Foreign trade promotion board. D) Reserve Bank of India. Show Answer Correct Answer: D) Reserve Bank of India. 22. Who regulates the Mutual Funds in India? A) RBI. B) SEBI. C) SIDBI. D) FRBI. Show Answer Correct Answer: B) SEBI. 23. A fixed deposit receipt is kept with the bank for its safety, is known as ..... A) Safe deposit. B) Safe custody. C) Locker. D) Valid safe deposit. Show Answer Correct Answer: B) Safe custody. 24. What is the full form of NIM? A) Net Interest Margin. B) Net Involution Margin. C) Net Involvement Margin. D) None of these. Show Answer Correct Answer: A) Net Interest Margin. 25. In India, Credit Rating Agencies are regulated by A) SEBI. B) RBI. C) Ministry of Finance. D) National Statistical Organisation (NSO). Show Answer Correct Answer: A) SEBI. 26. Small Coin Depots are A) Store houses of RBI for banknotes. B) Store houses of RBI for small coins. C) Store houses of commercial banks for rupee coins. D) Store houses of commercial banks for small coins. Show Answer Correct Answer: D) Store houses of commercial banks for small coins. 27. What is the main function of international monetary fund? A) Help to solve Balance of Payment problems of member countries. B) Finance investment loans to developing countries. C) Act as private sector lending arm of the World Bank. D) Arrange international deposits from banks. Show Answer Correct Answer: A) Help to solve Balance of Payment problems of member countries. 28. Which of the following entities are applicable for the new listing obligations and disclosure requirements of SEBI regulations, 2014? A) Listing of bonds. B) All listed companies. C) Listing of debentures. D) All of the above. Show Answer Correct Answer: D) All of the above. 29. The first Indian bank to open a branch outside India, in London in 1946 is A) BOB. B) BOI. C) SBI. D) PNB. Show Answer Correct Answer: B) BOI. 30. How many payment banks received in-principle approval by the Reserve bank of India? A) 13. B) 10. C) 11. D) 12. Show Answer Correct Answer: C) 11. ← 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 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books