Banking Awareness Quiz – 66

Banking Awareness Quiz – 66

1) An account that allows you to buy, sell as well as transact without any paper is :

a) Salary Account

b) Current Account

c) Savings Account

d) Demat Account

2) Which of the following is NOT banking related terms?

a) SME Finance

b) Overdrafts

c) Drawing power

d) Equinox

3) Which of the following terms is not used in the field of banking and finance?a

a) Overdrafts

b) Base line

c) RTGS

d) GBC

4) NABARD was estavlished on the recommendations of

a) Rangarajan Committee

b) Lodha Panel

c) Shivaraman Committee

d) None of these

5) Bad Loans in banking terminology are generally known asP_

a) Prime loans

b) Prime asset

c) BPOs

d) NPAs

6) The head of the SBI is designted as :

a) Executive director

b) Governor

c) Chairman

d) Deputy Governor

7) The umbrella organisation for all retail payments system in India is:

a) NABARD

b) IRDAI

c) NPCI

d) SEBI

8) Which of the following policies/agreements/accords is closely associated with the reform in banking industry?

a) Doha accord

b) Basel accord

c) Look east policy

d) Geneva framework

9) The head office of the SBI is located in………………..

a) Kolkata

b) New Delhi

c) Pune

d) Mumbai

10) The minimum amount remitted through the RTGS Scheme is:

a) Rs. 10 Lakhs

b) Rs. 50 Thousand

c) Rs. 2 Lakhs

d) Rs. 5 Lakhs