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Banking Awareness Quiz: Part - 126

Published on Sunday, June 05, 2016

1. Treasury bills are sold in India by:
a. Reserve Bank of India
b. State Governments
c. Commercial Banks

2. Yuan is a currency of which country:
a. Japan
b. China
c. Korea
d. Indonesia

3. Which institution acts as reinsurer:
a. New India Insurance
b. Life Insurance Company
c. General Insurance Company
d. United India Insurance

4. "Blue Car" denotes:
a. a Credit card
b. a Debit card
c. a proposition by EU to attract highly qualified professionals from other countries
d. none of  the above

5. The Headquarter of Asian Development Bank (ADB) is at:
a. Singapore
b. Manila
c. Hong Kong
d. Tokyo

6. Liquid assets means:
a. Cash only
b. Cash and debtors
c. Cash and Debtors (except bad debts)
d. Cash and Debtors (except bad debts) and Marketable Securities

7. For the developing countries of Asia, the international agency which provides soft loans is:
a. International Monetary Fund
b. Asian Development Bank
c. International Development Association
d. World Bank

8. No licence from RBI is required for:
a. opening a new bank branch in India
b. opening a new bank branch outside  India
c. shifting an existing branch outside the city, village or town
d. shifting an existing branch within the same city, village or town

9. Commercial banks are unique among financial institutions in that they:
a. advance loans to business
b. provide insurance to depositors
c. create demand deposits
d. hold saving deposits

10. Financial Year in banks is a period from:
a. January to December
b. May to June
c. April to March
d. January to April

11. "Pure Banking Nothing Else" is a slogan raised by:
a. ICICI Bank
b. HDFC Bank
c. SBI
UTI Bank

12. 'Smart Money' is a term used for:
a. Internal banking
b. Credit card
c. Cash with bank
d. Cash with public

13. Pledge means:
a. advance against goods
b. open working capital limits
c. bailment to goods as security for payment of a debt or performance of a promise
d. none of hte above

14. When was the SAARC established:
a. On December 8,1983
b. On January 1, 1984
c. On December 8,1985
d. On January 1, 1985

15. NABARD was established on the recommendation of the:
a. Public Accounts Committee
b. Shivaraman Committee
c. Narsimhan Committee
d. All of hte above

16. The Infrastructure Development Bank of India has its Headquarter in:
a. New Delhi
b. Mumbai
c. Bangalore (Bengluru)
d. Kolkata

17. The guarantor of a customer's account has has the right:
a. to inspect of a customer's account has the right
b. to be provided with the statement of the account
c. to be informed only about the extent of his liability
d. to be provided with all the information about the way the account is conducted

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ramandeep singh

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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