Banking Awareness Quiz  – 75

1). Who were the first Chairman and Managing Director (CMD) of Exim Bank?

(a) Ravneet Kaur

(b) TCA Ranganathan

(c) RC Shah

(d) Kalyan Banerji

(e) Yaduvendra Mathur

2. The Definition of ‘Banking’ is given in-

(a) Negotiable Instrument Act, 1881 

(b) RBI Act, 1934 

(c) The Banking Regulation Act, 1949

(d) Contract Act 

(e) None of the above

3 When was SBI established?

(a) April 1, 1935 

(b) July 31, 1969 

(c) May 5, 1955

(d) July 1, 1955

(e) None of the above

4. The financial assistance of loans of Rs.10000 by bank to a small borrower will be called……….?

(a) business finance

(b) government finance

(c) micro finance

(d) small finance

(e) KYC finance

5. Stock exchange securities do not include?

(a) Debentures certificates  

(b) Small debentures issued by port trusts

(c) Government promissory notes

(d) Reverse Repo Rate

(e) None of the above

6. NABARD was established on the recommendations of-

(a) Shivaraman Committee

(b) Malhotra Committee

(c) Kumarmangalam Committee

(d) Rangarajan Committee

(e) None of the given options is true

7. Refinance facility is provided by NABARD. Which institutions can avail this facility?

(a) State cooperative banks

(b) Regional rural banks

(c) Commercial bank

(d) All of the above

(e) Other than the given options

8. In banking parlance, ‘NPA’ stands for?

(a) Non Performing Asset   

(b) Net Producing Asset

(c) Net Performing Asset     

(d) Not Promoting Asset

(e) None of the above

9. The Central Bank of India is ______?

(a) The Reserve Bank of India

(b) The State Bank of India

(c) The Andhra Bank

(d) Central Bank of India

(e) None of the above

10)  In TRIPS, what does ‘I’ stand for?

(a) Intellectual    

(b) Information    

(c) Indian      

(d) Infra 

(e) International