Banking Awareness Quiz - Part 12

Q1. "INDIA's Central Bank" is slogan of:
a) Reserve Bank of India
b) State Bank of India
c) IDBI
d) None of These 
Q2. Upper Limit on Kisan Vikas Patra is:
a) 10,00,000
b) 5,00,000
c) No Upper limit
d) None of These


Q3. HDFC stands for:
a) Higher Development Finance Corporation
b) Housing Development Finance Corporation
c) Himachal Development Finance Corporation 
d) None of These


Q4. Mutual Fund Market regulated by:
a) Reserve Bank of India
b) Securities and Exchange Board of India
c) Unit Trust of India
d) None of These


Q5. FCCB stands for:
a)  Finance and Currency Controller Board
b) Foreign Currency Convertible Bond
c) Foreign Collection for Cash Board
d) None of These


Q6. MICR stands for:
a) Magnetic Ink Code Reader
b) Magnetic Ink Character Recognition
c) Magnetic Ink Cheque Recognition
d) None of These


Q7. RBI established on:
a) 5April, 1947
b) 1April, 1935
c) 8 April, 1949
d) None of These


Q8. "DD" in banking term stands for:
a) Demand Cheque
b) Doordarshan
c) Demand Draft
d) None of These


Q9. CPI refers to:
a) Cost Price Index
b) Consumer Price Index
c) Current Price Index
d) None of These


Q10. "Imperial Bank of India" is the former name of which of the following bank:
a) SBI
b) Indus Ind Bank
c) RBI
d) None of These


Q11. "RAND" is currency of :
a) South Korea
b) South Africa
c) South America
d) None of These


Q12. SLR stands for:
a) Special Liquidity Ratio
b) Special Lending Rate
c) Statutory Liquidity Ratio
d) None of These


Q13. REC stands for:
a) Rural Economic Corporation
b) Rural Electricity Corporation
c) Rural Electrification Corporation
d) None of These


Q14. PSU stands for:
a) Public Sector Utilities
b) Public Sector Units
c) Public Sector Undertaking
d) None of These


Q15. A right to keep possession of property belonging to another person until a debt owned by that person is discharged is called as:
a) Lien
b) Mortgage
c) Custody
d) None of These


Q16. The stated principal amount of a financial instrument is known as:
a) Market Value
b) Book Value
c) Face Value
d) None of These


Q17. A person who sets up a business or businesses, taking on financial risks in the hope of profit is known as:
a) Partner
b) Entrepreneur
c) Owner
d) None of These


Q18. Out of Profits/Reserves, money given by company to its shareholders is:
a) Interest
b) Dividend
c) Bonus
d) None of These


Q19. WPI stands for:
a) Wholesale Price In India
b) Wholesale Price Institution
c) Wholesale Price Index
d) None of These


Q20. PLR stands for:
a) Poverty Line Remark
b) Price Lending Rate
c) Prime Lending Rate
d) None of These


Take previous quiz :-

Banking awareness Quiz 1Quiz 2Quiz 3Quiz 4 Quiz 5 , Quiz 6Quiz 7Quiz 8Quiz 9Quiz 10 and Quiz 11.
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