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Banking Awareness Quiz Set - 25

image 2018-01-16 15:10:21
Banking Awareness Quiz Set - 25

Q1. The Reserve Bank of India does not print currency notes of the denomination of Rs
a) 20
b) 50
c) 3,000
d) 1,000
e) 500

Q2. Which of the following is considered as the financial capital of India?
a) New Delhi
b) Kolkata
c) Bangalore
d) Ahmedabad
e) None of these

Q3. Many times we read in financial newspapers/magazines about Systematic Investment Plans (SIPs). SIPs are an investment option also operated in the mode of _____
a) Mutual Funds
b) Small Savings Schemes in Post Offices
c) National Pension Fund
d) National Saving Certificates
e) None of these

Q4. Who amongst the following has suggested to the banks in India to give details of fund transfers to customers via SMS/E-mails?
a) Reserve Bank of India (RBI)
b) India Banks Association (IBA)
c) Indian Institute of Banking and Finance
d) Securities and Exchange Board of India
e) None of these

Q5. The short term loans given to the farmers are the loans given normally for a period of
a) three months
b) six months
c) nine months
d) one year
e) fifteen months

Q6. India started its five year planning with effect from the year
a) 1955
b) 1951
c) 1960
d) 1965
e) 1948

Q7. The Head of the Reserve Bank of India is designated as the _____.
a) Chief Executive Officer
b) Managing Director
c) Chief Banking Officer
d) Dy Governor
e) None of these

Q8. Which of the following organizations was specially established to operate in Gramin areas by design itself?
a) Commercial Banks
b) Central Financial Institutes
c) Private Banks
d) Regional Rural Banks
e) None of these

Q9. Which of the following is NOT a part of India’s Money Market?
a) Bill Markets
b) Call Money Market
c) Banks
d) Mutual Funds
e) Indian Gold Council

Q10. Which of the following is/are the measure(s) taken by the Reserve Bank of India (RBI) to ease the liquidity crunch in the country?
A. Cut in Cash Reserve Ratio and Statutory Liquidity Ratio.
B. Increase the flow of foreign direct investment.
C. Supply of additional currency notes in the market.
a) Only (A)
b) Only (B)
c) Only (C)
d) All (A), (B) and (C)
e) None of these

Answers:

Q1. c, Q2. e, Q3. a, Q4. a, Q5. d
Q6. b, Q7. e, Q8. d, Q9. e, Q10. a