Banking Awareness : Quiz 12

Q.1) “EFTPOS” cards are linked with which among the following countries:

a) Australia and New Zealand

b) Monacco and Norway

c) Qatar and Kuwait

d) None of The Above

Click Here to View Answer
a) Australia and New Zealand

Q.2) PIN stands for:

a) Portable Identification Number

b) Permanent Identification Number

c) Personal Identification Number

d) None of The Above

Click Here to View Answer
c) Personal Identification Number

Q.3) Prepaid Debit cards are also called:

a) Reloadable Debit Cards

b) Loadable Debit Cards

c) Relational Debit Cards

d) None of The Above

Click Here to View Answer
a) Reloadable Debit Cards

Q.4) The primary market for prepaid cards are_____people:

a) Banked People

b) Unbanked People

c) Both of The Above

d) None of The Above

Click Here to View Answer
b) Unbanked People

Q.5) The prepaid bank card is also called:

a) Convenience Gift Card

b) Bank Gift Card

c) Suitable Gift Card

d) None of The Above

Click Here to View Answer
b) Bank Gift Card

Q.6) “Rupiya” in our country was introduced by:

a) Akbar

b) Prithvi Raj Chouhan

c) Chandra Gupt Moryaa

d) Sher Shah Suri

Click Here to View Answer
d) Sher Shah Suri

Q.7) The bank which refinance the loans given to poor and weaker sections to construct or buy houses is:

a) SIDBI

b) SBI

c) NHB

d) None of These

Click Here to View Answer
c) NHB

Q.8) Reserve Bank of India was set up on the recommendations of which of the following commission/committee:

a) D R Mehta Commission

b) Basel Committee

c) Royal Commission on Indian Currency and Finance

d) None of These

Click Here to View Answer
c) Royal Commission on Indian Currency and Finance

Q.9) Sugam scheme was launched for:

a) Big Corporate Houses

b) Small Tax Payers

c) Pensioners getting old age pension

d) None of These

Click Here to View Answer
b) Small Tax Payers

Q.10) The regulator of whole banking in India is:

a) Banking Planning Council

b) Banking Control Unit

c) RBI

d) None of These

Click Here to View Answer
c) RBI

Q.11) ‘ National Rural Employment Program’ was formerly known as:

a) Do work and get Food

b) Employment for Food

c) Food For Work

d) None of These

Click Here to View Answer
c) Food For Work

Q.12) Where neither exports nor imports takes place is known as:

a) Closed Economy

b) Depressed Economy

c) Silent Economy

d) None of These

Click Here to View Answer
a) Closed Economy

Q.13) R. Gandhi is Deputy Governor of RBI and also a part of board member of:

a) MNREGA

b) Axis Bank

c) SEBI

d) None of These

Click Here to View Answer
c) SEBI

Q.14) Conversion of Physical form of share into electronic form is called:

a) E – Share

b) DEMAT

c) Online Share Cards

d) None of These

Click Here to View Answer
b) DEMAT

Q.15) U.K. Sinha is present chairman of:

a) RBI

b) SEBI

c) National Development Council

d) None of These

Click Here to View Answer
b) SEBI