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Banking Awareness Trivia - 20 Important Questions (Part - 3)

Published on Saturday, August 06, 2016
banking awareness
Ques 1.
The negotiable instrument is _______
(a) Cheque
(b) Demand  Draft
(c) deposit Slip
(d) Bill of Exchange
(e) All of the above

Ques 2.
The second largest lender in India is _____
(a) SBI
(b) IDBI
(d)  UBI
(e) IOB

Ques 3.
The only online account B2 run by
(a) Syndicate Bank
(b) LIC
(c) Corporation Bank
(d) IDBI

Ques 4.
M.Chidambaram Chettyar is the founder of _______
(b) Syndicate Bank
(c) Andhra Bank
(d) IOB
(e) BOI

Ques 5.
What is the Validity period of the Kisan Credit Card ?
(a) 1 Year
(b) 10 Years
(c) 5 years
(d) 8 Years
(e) 3 years

Ques 6.
'Next Eleven Countries period " are ______ as identified by the goldman Sachs  investment bank ?
(a) Least developed Countries
(b) Developed Countries
(c) No developed Countries
(d) Developing Countries
(e) None

Ques 7.
In which state, the Reserve Bank of India initiated to start satellite banks in Villages ?
(a) Tamil Nadu
(b) Chhatisgarh
(c)  Maharashtra
(d) Jharkhand
(e) Madhya Pradesh

Ques 8.
Which of the following is incorrect with regard to the banks and their headquarters ?
(a) Allahbad Bank Kolkata
(b) Andhra Bank-Hyderabad
(c) Bank of Baroda -Baroda
(d) Bank of India-Mumbai
(e) None

Ques 9.
Which banks have comfortably retained the top rank in terms of profits /employee, as per the data released by the Reserve Bank of India ?
(a) Public Sector banks
(b) Private Sector Banks
(c) Foreign Banks
(d) Co-operative Banks
(e) Rural Banks

Ques 10.
Any Banks Can start its branch without permission of RBI in _______ part of India ?
(a) North Eastern
(b) North Western
(c) south Western
(d) South Eastern
(e) Central

Ques 11.
When the rate of inflation increases ?
(a) Purchasing power  of money increases
(b) Purchasing power if money decreases 
(c) value of money increases
(d) Purchasing power of money remain unaffected
(e) Amount of money in circulation decreases

Ques 12.
A centralized database with online connectivity to branches , internet as well as ATM network which has been adopted by almost all major banks of our country is  Known as ?
(a) Investment Banking
(b) Core Banking
(c) Mobile Banking
(d) National Banking
(e) Specialized Banking

Ques 13.
Which of the following is necessary while opening deposit accounts in banks ?
(a) will 
(b) Registration
(c) nomination
(d) Indemnity
(e) Guarantee

Ques 14.
which of the following organization issue the rules of global trade ?
(a) IMF
(b) World Trade Organization
(c) Foreign Trade
(d) G-20
(e) None

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