Banking Awareness : Quiz  15

Q.1) Life Insurance Corporation was established in:

a) 1950

b) 1952

c) 1956

d) None of The Above

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c) 1956

Q.2) Inventor of ATM was:

a) Ian Luther Steward

b) David Block

c) John Adrian Shepherd Barron (A Britisher)

d) None of These

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c) John Adrian Shepherd Barron (A Britisher)

Q.3) Inventor John Shepherd Barron installed the worlds’s first automatic cash dispenser at a ______near London:

a) London Bank Branch

b) Barclays Bank Branch

c) Royal Grand Federal Bank Branch

d) None of These

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b) Barclays Bank Branch

Q.4) ATM machine was invented in the year _____:

a) 1967

b) 1968

c) 1969

d) None of These

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a) 1967

Q.5) Which among the following is suitable ground of complaint against banks to Banking Ombudsman:

a) Charging any commission for acceptance of small denomination notes

b) Any delay in payment of inward remittances or non payment of inward remittances

c) Any excessive delay or non – payment of collection of cheques, drafts, bills etc.

d) All of The Above

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e) All of The Above

Q.6) A bank customer can file a complaint against banking organization if reply is not received from the bank within a period of _____after concerned bank has received complaint representation:

a) Two Months

b) One Month

c) Three Months

d) None of The Above

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b) One Month

Q.7) You can file a complaint to Banking Ombudsman if:

a) If bank rejects the complaint

b) If bank show negligence for your complaint

c) Both of Above

d) None of The Above

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c) Both of Above

Q.8) Banking Ombudsman charge ______fee for filing and resolving customer’s complaints:

a) Rs. 10,000

b) Rs. 5,000

c) No Fees charge

d) None of The Above

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c) No Fees charge

Q.9) The WTO replaced GATT as the world’s global trading body in _____:

a) 1994

b) 1995

c) 1996

d) None of The Above

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b) 1995

Q.10) The trading regulations of GATT were established between ______and ____

a) 1947 and 1994

b) 1947 and 1995

c) 1946 and 1996

d) None of The Above

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a) 1947 and 1994

Q.11) The second WTO ministerial meeting held in ______in May 1998 included a celebration of the 50th anniversary of the system:

a) Geneva

b) Washington, D.C.

c) Nairobi

d) None of The Above

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a) Geneva

Q.12) Slogan of Allahabad Bank is:

a) Together We Prosper

b) A Tradition of Trust

c) A Long Tradition of Trust

d) None of These

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b) A Tradition of Trust

Q.13) In February 2007, Allahabad Bank opened its first overseas branch in ____-:

a) Australia

b) Hong Kong

c) London

d) None of These

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b) Hong Kong

Q.14) CBS stands for:

a) Central Banking Solutions

b) Core Banking Solution

c) Code Banking Solutions

d) None of These

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b) Core Banking Solution

Q.15) According to data of 2015, currently ________branches of Allahabad Bank are operating:

a) More Than 4000

b) More Than 3000

c) More Than 5000

d) None of These

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b) More Than 3000