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Banking Awareness Quiz - Part 11

Published on Saturday, August 08, 2015
Banking awareness quiz for IBPS exams :-
Banking Awareness

Q1. Excess of Supply over Demand denotes:
a) Buyers Market
b) Sellers Market
c) Both of Above
d) None of These

Q2. Regulator of Capital Market is:
b) RBI
c) World Bank
d) None of These

Q3. NREGA was renamed with the name of:
a) Indira Gandhi
b) Rajiv Gandhi
c) Mahatma Gandhi
d) None of These

Q4. Which of the following is incorrect:
a) WTO - Geneva
b) IMF - Washington D.C.
c) World Bank - Washington D.C.
d) None of These

Q5. Drafts of  Five years plans are approved by:
a) Planning Commission 
b) National Development Council
c) National Planning Council
d) None of These

Q6. National Stock Exchange is located in:
a) Mumbai
b) Delhi
c) Kolkata
d) None of These

Q7. The market in which long term securities such as stocks and bonds are bought and sold is commonly known as:
a) Bullion Market
b) Capital Market
c) Bull Market
d) None of These

Q8. When Aggregate supply is less than aggregate demand is then:
a) Deflation Occurs
b) Inflation Occurs
c) Stability Occurs
d) None of These

Q9. First Bank in India to launch EMI facility on debit cards:
a) SBI
b) Axis Bank
c) ICICI Bank
d) None of these

Q10. FMC stands for:
a) Forward Markets Commission
b) Financial Market Commission
c) Foreign Market Control
d) None of These

Q11. In MICR cheque, first six numbers indicates:
a) Branch Code and Location
b) City Location
c) Cheque Number
d) None of These

Q12. Assignment refers to:
a) Transfer of Interest from one party to another
b) Every Financially Transfer Transaction
c) Transfer of a loan from one party to another
d) None of These

Q13. Sugam scheme was launched for:
a) Big Corporate Houses
b) Small Tax Payers
c) Pensioners getting old age pension
d) None of These

Q14. The regulator of whole banking in India is:
a) Banking Planning Council
b) Banking Control Unit
c) RBI
d) None of These

Q15.' National Rural Employment Program' was formerly known as:
a) Do work and get Food
b) Employment for Food
c) Food For Work
d) None of These

Q16. Where neither exports nor imports takes place is known as:
a) Closed Economy
b) Depressed Economy
c) Silent Economy
d) None of These

Q17. R. Gandhi is Deputy Governor of RBI and also a part of board member of:
b) Axis Bank
d) None of These

Q18. Conversion of Physical form of share into electronic form is called:
a) E - Share
c) Online Share Cards
d) None of These

Q19. U.K. Sinha is present chairman of:
a) RBI
b) SEBI 
c) National Development Council
d) None of These

Q20. Who among the following is famous banker and is Padam Bhushan Awardee:
a) Indira Nuyee
b) Chanda Kochhar
c) Arundhati Bhatacharya
d) None of These

Take previous quiz :-

Banking awareness Quiz 1, Quiz 2, Quiz 3, Quiz 4 , Quiz 5 , Quiz 6, Quiz 7, Quiz 8Quiz 9 and Quiz 10.
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Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and 5000+ selections, Ramandeep understands the path to success, having transitioned himself from Dena Bank and SBI. He's passionate about helping you achieve your banking and insurance dreams.

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