Banking Awareness : Quiz 13

Q.1) Which country issued first purely plastic note ?

a) New Zealand.

b) Mexico,

c) Singapore,

d) Australia

Click Here to View Answer
e) Australia

Q.2) India’s first non-bank owned ATM (White Label ATMs) open in ?

a) Delhi

b) Bihar

c) Uttar-Pradesh

d) Maharashtra

Click Here to View Answer
d) Maharashtra

Q.3) India s largest commercial Bank is : ?

a) Bank of Baroda

b) State Bank of India

c) ICICI

d) Punjab National Bank

Click Here to View Answer
b) State Bank of India

Q.4) Banking companies act passed in:

a) 1950

b) 1949

c) 1943

d) None of These

Click Here to View Answer
b) 1949

Q.5) 14 Major banks were nationalized in:

a) 1970

b) 1969

c) 1968

d) None of These

Click Here to View Answer
b) 1969

Q.7) E – Banking covers both Computer banking and _______:

a) Merchant Banking

b) Telephone Banking

c) Standard Banking

d) None of These

Click Here to View Answer
b) Telephone Banking

Q.8) Which of the following features fit for E – Banking:

a) Providing Ease in banking operations

b) Stress on branch less banking

c) Time Saving

d) All of Above

Click Here to View Answer
d) All of Above

Q.9) The Banking Ombudsman Scheme, 2006 enables resolution of _______:

a) Complaints of bank customers relating to certain services rendered by banks.

b) Complaints of bank branches relating to certain services rendered to customers

c) Complaints of NRI only

d) None of These

Click Here to View Answer
a) Complaints of bank customers relating to certain services rendered by banks.

Q.10) Banking OMBUDSMAN scheme has come into force from:

a) January 15, 2006

b) January 1, 2006

c) January 26, 2006

d) None of These

Click Here to View Answer
b) January 1, 2006

Q.11) The Banking Ombudsman is person appointed by the ________to redress customer complaints against certain deficiency in banking services:

a) Indian Banking Personnel Selection

b) Reserve Bank of India

c) Securities and Exchange Board of India

d) None of These

Click Here to View Answer
b) Reserve Bank of India

Q.12) Banking Ombudsman is a ________:

a) Collateral Judicial Authority

b) Bi – Lateral Judicial Authority

c) Quasi Judicial Authority

d) None of These

Click Here to View Answer
c) Quasi Judicial Authority

Q.13) Banking Ombudsman has power to summon _______:

a) Bank Only

b) Customer Only

c) Both of Above

d) None of These

Click Here to View Answer
c) Both of Above

Q.14) Which of following is correct about ‘VIDYA LAKSHMI PORTAL’:

a) The aim of scheme is to provide educational loans through recognized banks

b) Government Scholarships are also provided under a single Window

c) Both of Above

d) None of These

Click Here to View Answer
c) Both of Above

Q.15) AIBOA stands for:

a) All India Banking Operations Association

b) All India Bank Officers Association

c) All India Banks of Association

d) None of These

Click Here to View Answer
b) All India Bank Officers Association