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Banking Awareness Quiz - Part 17

Published on Saturday, August 15, 2015
Banking awareness quiz for today :-

Banking quiz

Q1. Which of the following is correct:
a) Bank don't manufacture products or extract natural resources from earth
b) A bank is a business
c) Bank sell financial services such as loans, home mortgage Loans, business loans, checking accounts, credit card services, certificates of deposit and individual retirement accounts.
d) All of Above
e) None of These

Q2. BSBDA stands for:
a)  Bank Savings and Basic Dearness Allowance
b) Basic Savings Bank Deposit Account
c) Banking of Specific Board Departmental Association
d) None of These

Q3. When a person publicly announces that he can not repay loans, it is called _______ in banking language:
a) Poor Credit worthiness
b) Bankruptcy
c) Willful Defaulter
d) None of These

Q4. 'Swabhiman' the financial inclusion scheme, comes under the purview of which minsitry:
a) Ministry of External Affairs
b) Ministry of Finance
c) Ministry of Home Affairs
d) None of These

Q5. Unrestricted exchange of goods and services is called:
a) Open Trade
b) Independent Trade
c) Free Trade
d) None  of These

Q6. In a company, the use of sensitive corporate information by the company people to make gains or cover loss known as:
a) Technical Trading
b) Insider Trading
c) Future Trading
d) None of These

Q7. IFRS stands for:
a) Indian Financial Reporting Standards
b) International Financial Reporting Standards
c) International Financial Regulations Systems
d) None of These

Q8. "The Bank that Begins With U" is slogan of:
a) UCO Bank
b) United Bank of India
c) Union Bank 
d) None of These

Q9. World Bank referred to as:
a) Industrial Development Bank in India
b) International Monetary Fund
c) International Bank of Reconstruction and Development
d) None of These

Q10. "Honors Your Trust" is slogan of:
b) UCO Bank
c) Axis Bank
d) None of These

Q11. FIMMDA stands for:
a) Foreign Income Monetary Markets Derivatives Association
b) Finance In Money Markets and Derivatives Association
c) Fixed Income Money Markets and Derivatives Association
d) None of These

Q12. AMFI stands for:
a) Association of Monetary Finance Index
b) Association of Mutual Funds in India
c) All Mutual Funds Institute of India
d) None of These

Q13. The 'Food For Work' program was renamed as:
a) MNREGA (Mahatma Gandhi National Rural Employment Guarantee Association)
b) National Rural Employment Program
c) Rural Development Program
d) None of These

Q14. The higher denomination banknotes in Rs. 1,000 , Rs. 5,000  , Rs. 10,000 were reintroduced by RBI in the year:
a) 1950
b) 1964
c) 1954
d) None of These

Q15. The denomination of Rs. 1,000 , Rs. 5,000 , Rs. 10,000 were again demonetized by RBI in:
a) 1970
b) 1978
c) 1984
d) None of These

Q16. The highest denomination note of  Rs. 10,000 was printed first time by RBI in:
a) 1945
b) 1938
c) 1954
d) None of These

Q17. Which of the following is very near to "Soiled Note":
a) Old Notes which can not circulate among people
b) The note which as become dirty due to usage and also include a two piece note pasted together by gum etc.
c) Notes which are outdated
d) None of These

Q18. Number of Language appearing on Bank notes are:
a) 18
b) 15
c) 19
d) None of These

Q19. Which language is prominently displayed in the center where other languages are also appeared in the note:
a) Urdu
b) Hindi
c) Gujarati
d) None of These

Q20._______ language is appeared on the reverse of the banknote:
a) Punjabi
b) Hindi
c) English
d) None of These
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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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