Banking Awareness :  Quiz 19

 

Q.1) All the financial issues of Agriculture are dealt by which among the following banks:

a) RBI

b) SBI

c) NABARD

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c) NABARD

Q.2) If you buy a financial instrument in one market in order to sell the same instrument in another market at higher price, it will be called as:

a) Brokerage

b) Arbitrage

c) Forfeiture of Instrument

d) None of The Above

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b) Arbitrage

Q.3) AER stands for:

a) Average Earnings Rate

b) Annual Earnings Rate

c) Appropriate Earning Rate

d) None of The Above

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b) Annual Earnings Rate

Q.4) _______is a machine, activated by a magnetically encoded card or other medium that can process a variety of banking transactions:

a) MICR

b) Bar Code Reader

c) ATM

d) None of The Above

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c) ATM

Q.5) The commission charged by a broker is ______:

a) Brokerage Interest

b) Brokerage Fee

c) Brokerage Profit

d) None of The Above

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b) Brokerage Fee

Q.6) “Blending Modernity with Tradition” is the slogan of:

a) State Bank of Patiala

b) Where Service is a way of life

c) A Long Tradition of Trust

d) None of The Above

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a) State Bank of Patiala

Q.7) Head Office of SBI is situated at:

a) Mumbai, Maharashtra

b) Kolkata, West Bengal

c) New Delhi

d) None of The Above

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a) Mumbai, Maharashtra

Q.8) Arundhati Bhattacharya is concerned with:

a) ICICI Bank

b) State Bank of India

c) Corporation Bank

d) None of The Above

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b) State Bank of India

Q.9) Head Office of “Oriental Bank of Commerce” is located at:

a) New Delhi

b) Gurgaon, Haryana

c) Gandhi Nagar

d) None of The Above

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b) Gurgaon, Haryana

Q.10) IRDA stands for:

a) Investment Regulatory Development Authority

b) Insurance Regulatory Development Authority

c) Indian Regulatory Development Authority

d) None of The Above

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b) Insurance Regulatory Development Authority

Q.11) IBA stands for:

a) Indian Bank’s Association

b) Investment in Bank’s Association

c) Initial Bond Assessment

d) None of The Above

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a) Indian Bank’s Association

Q.12) According to ‘Housing For All’ scheme, main emphasis is to provide houses to:

a) Rural Citizens

b) Urban Citizens

c) Both of The Above

d) None of The Above

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b) Urban Citizens

Q.13) Housing For All – Main focus is to provide affordable houses to urban poor ranging from Rs. _______to _______ per house:

a) 1,00,000 and 2,30,000

b) 1,00,000 and 2,50,000

c) 1,00,000 and 3,00,000

d) None of The Above

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a) 1,00,000 and 2,30,000

Q.14) _____was the first bank to Introduce the ATM concept in India:

a) HSBC

b) SBI

c) Standard Chartered Bank

d) None of These

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a) HSBC

Q.15) HSBC introduced the ATM concept in India in:

a) 1988

b) 1987

c) 1989

d) None of These

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b) 1987