Banking Awareness : Quiz 17
Banking Awareness : Quiz 17
Q.1) CRYPTO-CURRENCY is:
a) Currency of A Country
b) Digital Medium of Exchange
c) Plastic Money
d) None of These
Q.2) FATF stands for:
a) Financial Access to Farmers
b) Funding and Trading Federation
c) Financial Action Task Force
d) None of These
Q.3) INDIA become the member of FATF in:
a) 2009
b) 2010
c) 2014
d) None of These
Q.4) “Microcredit” refers to:
a) Installments given by farmers against loans
b) Small credit given to poor
c) Credit given by government to improve industrialization
d) None of These
Q.5) Which year was declared as the ‘International Year of Microcredit’ by United Nations:
a) 2005
b) 2004
c) 2011
d) None of These
Q.6) Financial Inclusion is:
a) Delivery of banking services at an affordable cost to weaker sections
b) Delivery of financial services at an affordable cost to weaker sections
c) Social responsibility of banking and government system
d) All of Above
Q.7) Which among the following is correct about The Central Office of RBI:
a) Where Governor Sits
b) Where only Policies are formulated
c) Both of Above
d) None of These
Q.8) The Foreign Exchange Reserves of India are kept in the custody of:
a) International Monetary Fund
b) Reserve Bank of India
c) State Bank of India
d) None of These
Q.9) “Bank of Rajasthan” merged with which bank”
a) Global Trust Bank
b) ICICI Bank
c) Axis Bank
d) None of These
Q.10) BFS stands for:
a) Bureau of Financial Supervision
b) Board for Financial Supervision
c) Bi-Lateral Financial System
d) None of These
Q.11) Reserve Bank of India under (RBI Act) ________ is solely responsible for the issuance of currency notes excluding rupee one note which issued by Finance Secretary of the Government of India:
a) Section 22
b) Section 24
c) Section 26
d) None of These
Q.12) RBI provides ________credit facility to the Government of India and State Government in order to overcome tight money position between payment and receipt of the client:
a) ‘credit and means’
b) ‘ways and means’
c) ‘ease and means’
d) None of These
Q.13) The period of such ‘ways and means’ credit is maximum _______days:
a) 60 Days
b) 90 Days
c) 12) Days
d) None of These
Q.14) Disinvestment Commission in India was firstly established in:
a) August 1992
b) August 1995
c) August 1996
d) May 1997
Q.15) Central Revenue Board was divided into ‘Central Excise and Custom Duty Board’ and ‘Central Direct Taxes Board’ in _____:
a) 1950
b) 1958
c) 1963
d) 1975
