Banking Awareness Quiz - Part 10

Q1. Banking Ombudsman is appointed by:
c) RBI 
d) None of These

Q2. Name of Union Territory which as recently presented a tax free budget of Rs. 6,100 crore for the union territory:
a) Chandigarh
b) Puduchery
c) Dadra  Nagar Haweli
d) None of These

Q3. Maximum age for retirement for MD/CEO of all private banks is:
a) 60 Years
b) 65 Years
c) 70 Years
d) None of These

Q4. Two new SAVINGS BANK products for children namely "Pehla Kadam and Pehli Udaan" introduced by:
a) State Bank of India
b) United Bank of India
c) Axis Bank
d) None of These

Q5. 'Financial Exclusion' is:
a) Exclude the Finance
b) Lack of Access to Financial Services
c)  Instability of Financial Services
d) None of These

Q6. Vijay Mallya as 'Willful Defaulter' is declared by:
a) United Bank of India
b) Canara Bank
c) Dena Bank
d) None of These

Q7. Mutual Funds are regulated by:
a) Reserve Bank of India
b) Securities and Exchange Board of India
c) Mutual Funds Board of India
d) None of These

Q8. To solve the problems of Balance of Payments of member countries is function of:
a) World Bank
b) IMF
d) None of These

Q9. Which term is not associated with banking operations:
a) Equator 
b) Prime Lending Rate
c) Corporate Finance 
d) None of These

Q10. U.T.I. officially changed into:
a) Vijaya Bank
b) Dena Bank
c) Axis Bank
d) None of These

Q11. Regulatory Authority for Regional Rural Bank is of:
a) Sponsor Bank
b) State Governement
d) None of These

Q12. EBT stands for:
a) Electronic Beginning Transaction 
b) Electronic Benefit Transfer
c) Electric Belated Transfer
d) None of These

Q13. The instrument can not be presented for the payment in the Clearing House is:
a)  Fixed Deposit Receipt
b) Dividends
c) Demand Drafts
d) None of These

Q14. Bharatiya Mahila Bank Limited on 19 November, 2014 launched its Internet Banking Facility. Name of it was:
a) BMB Net 
b) BMB Online
c) BMB Smartbanking
d) None of These

Q15. Apex institution which handles refinance for agriculture and rural development in India is:
d) None of These

Q16. The private sector bank which recently allowed children above 10 years to open savings bank accounts  after SBI is:
a) PNB
d) None of These

Q17. IMF stands for:
a) International Money Fund
b) International Monetary Fund
c) Indian Mutual Fund
d) None of These

Q18. The private sector bank which launched FACEBOOK based instant fund transfer service to enable users to send money to friends on social media network is :
a) Kotak Mahindra Bank
b) Syndicate Bank
c) Laxmi Vilas Bank
d) None of These

Q19. First Multi-currency international Debit Cards are issued in India by:
a) Punjab National Bank
b) State Bank of India
c) Axis Bank
d) None of These

Q20. IT company which will set up local data centers in India by the end of 2015 is:
a) Apple
b) Google 
c) Microsoft
d) None of These

Take previous quiz :-

Banking awareness Quiz 1Quiz 2Quiz 3Quiz 4 Quiz 5 , Quiz 6Quiz 7, Quiz 8 and Quiz 9.

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