Banking Awareness Quiz - 20 Expected Questions (Part 2)

Banking awareness quiz for today :-

banking quiz

Q1. Which Indian State state has the highest per capita income:
a) Haryana
b) Punjab
c) Uttar Pradesh
d) Karnataka
e) None of The Above


Q2. The Reserve Bank of India was Nationalized on:
a) 1947 
b) 1949 
c) 1956
d) None of The Above


Q3. When was the Reserve Bank of India established:
a) 1935
b) 1920
c) 1948
d) None of The Above

Q4. Which one of the following was set up during the Seventh Five Year Plan to help the low income groups:
a) NABARD
b) Regional Rural Banks
c) National Housing Bank
d) UTI Bank
e) None of The Above


Q5. What is Gross National Product:
a) The total output of goods and services produced by the country's economy.
b) The total domestic and foreign output claimed by residents of the country.
c) The sum of gross domestic product and investment
d) None of The Above


Q6. The Mumbai Stock Exchange was set up in:
a) 1875 
b) 1922
c) 1900
d) None of The Above

Q7. India's foreign exchange rate system is:
a) Free Float
b) Managed Float
c) Fixed Target of Band
d) None of The Above

Q8. An increase in the money supply will cause interest rates to:
a) Rise
b) Fall
c) Remain Unchanged
d) None of The Above


Q9. Life Insurance Corporation was established in:
a) 1950 
b) 1952
c) 1956
d) None of The Above


Q10. Which among the following country is richest in the world:
a) United State of America
b) Japan
c) Qatar
d) South Korea 
d) None of The Above


Q11. Which among the following is not a component of Human Development Index:
a) Life - Expectancy in India
b) Literacy Rate and Mean years of schooling
c) Infant Mortality Rate
d) None of The Above


Q12. Human Development Index was propounded by:
a) Amartya Sen
b) C. Rangarajan 
c) Mehboob-ul-Haq
d) None of The Above


Q13. India's Largest Nationalized Commercial Bank is:
a) State Bank of India
b) ICICI Bank
c) IDBI Bank
d) None of The Above


Q14. The largest amount of exports from India go to:
a) United Kingdom
b) China
c) United State of America
d) Pakistan
e) None of The Above


Q15. The Apex Bank for Rural Credit is:
a) Regional Rural Bank
b) NABARD
c) RBI
d) None of The Above


Q16. Which among the following is wrong:
a) All the currency notes except the Hundred Rupee note is issued by RBI
b) All the Currency notes are issued by RBI
c) Only Notes of Rupee 100 issued by RBI
d) All of the Above
e) None of The Above


Q17. IDBI is a:
a) Industrial Unit
b) Educational Institution
c) Bank
d) Construction Company 


Q18. EXIM Policy (1997-2002) declared on 31st March, 1997 had abolished:
a) QBAL
b) VABAL
c) DEPB
d) None of The Above


Q19. The first public sector bank in India which obtained license for Internet Banking from RBI is:
a) Oriental Bank of Commerce
b) ICICI Bank
c) Punjab National Bank
d) State Bank of India


Q20. Narsimham committee recommended to make banking structure of the country______:
a) Two Tier 
b) Three Tier
c) Four Tier
d) Five Tier
e) None of The Above


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