Banking Awareness Quiz : January 2016

banking awareness quiz
1. National Rural Development Institute is located at _______________.
    (a) Gujarat
    (b) Delhi
    (c) Hyderabad
    (d) Mumbai
    (e) None of these

2. What is the new base year of Consumer Price Index (CPI) ?
    (a) 2009
    (b) 1985
    (c) 2001
    (d) 2012
    (e) None of these

3. Who is the first Vice-chairperson of the newly constituted NITI Aayog ?
    (a) Jatin Das
    (b) Arvind Panagariya
    (c) Rajiv Mehrishi
    (d) Ashwani Lohani
    (e) None of these

4. Tax Information Network (TIN) is associated with _____________.
    (a) Consumption Tax
    (b) Dividend Tax
    (c) Fuel Tax
    (d) Income Tax
    (e) None of these

5. Silk and Art Silk Mills Research Association is located in ______________.
    (a) Delhi
    (b) Mumbai
    (c) Nepal
    (d) Jhansi
    (e) None of these

6. India's position in the world Bank's doing business rankings has moved up how many places in this year ?
    (a) 2
    (b) 4
    (c) 6
    (d) 8
    (e) None of these

7. The Urban Cooperative Banks are controlled by two entities. One of them is the Reserve Bank of India (RBI) and the other is/are.
 (a) Union Finance Ministry
 (b) State Govts
 (c) SIDBI
 (e) None of these

8. The Deutsche Bank, Germany's biggest lender, appointed who among the following as its new CEO on 7 Jun?
    (a) Anshu Jain
    (b) Juergen Fitschen
    (c) John Cryan
    (d) Paul Achleitner
    (e) None of these

9. A _____________ is a negotiable financial instrument issued by a bank to represent a foreign company's publicly traded securities.
(a) Participatory note
(b) Buyer's Credit
(c) Depository receipt
(d) Cross-listed stock
(e) None of these

10. MK Sharma has been appointed as the non-executive Chairman of Which of the following Private sector banks in india ?
(a) Axis Bank
(b) Federal Bank
(c) ICICI Bank
(d) HDFC Bank
(e) None of these

11. A universal bank does not undertake which of the following activities ?
      (a) Insurance
      (b) Investment Banking
      (c) Development Banking
      (d) Commercial Banking
      (e) None of these

12. MS Raghavan is the present chairman and managing director of which of the following public sector banks ?
(a) Andhra Bank
(b) IDBI Bank
(c) Bank of India
(d) Indian Bank
(e) None of these

13. The portion of the commercial bank's reserves that are maintained in accounts with the central bank plus the total currency circulating in the public is termed as _____________.
      (a) hot money
      (b) call money
      (c) reserve money
      (d) high-powered money
      (e) None of these

14. What is the new Reverse Repo rate after the RBI's Jun 2 policy review ?
       (a) 6 per cent
       (b) 6.25 per cent
       (c) 6.50 per cent
       (d) 6.75 per cent
       (e) None of these

15. The deposit of cash under cash receive ratio (CRR) requirement with the RBI is a_______.
      (a) discretionary requirement
      (b) voluntary requirement
      (c) mandatory requirement
      (d) contributory Requirement
      (e) None of these


1. Hyderabad
2. 2012
3. Arvind Panagariya
4. Income Tax
5. Mumbai
6. 4
7. State Govts
8. John Cryan
9. Depository receipt
10. ICICI Bank
11. None of these
12. IDBI Bank
13. high-powered money
14. 6.25 per cent
15. mandatory requirement

Consumption Taxvvvv
Consumption Tax
Consumption Tax
Consumption Tax
Consumption Tax

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