Banking Awareness :  Quiz 21

Q.1) Which among the following was the Bank of Baroda’s first domestic acquisition:

a) New Citizen Bank of India

b) Hind Bank

c) Bank of Rajput

d) None of These

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b) Hind Bank

Q.2) ICICI stands for:

a) Indian Credit and Investment Corporation of India

b) Investment Corporation In Credit

c) Industrial Credit Investment Corporation of India

d) None of These

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c) Industrial Credit Investment Corporation of India

Q.3) CBS stands for:

a) Core Banking Solution

b) Code Banking Solution

c) Central Banking Solution

d) None of These

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a) Core Banking Solution

Q.4) The Government of India nationalized PNB and 13 other major commercial banks on:

a) 19 July, 1970

b) 19 July, 1971

c) 19 July, 1969

d) None of These

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c) 19 July, 1969

Q.5) In 1986, the Reserve Bank of India required PNB to transfer its London branch to _____bank after the branch was involved in a fraud scandal:

a) State Bank of India

b) Allahabad Bank

c) Axis Bank

d) None of These

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a) State Bank of India

Q.6) After nationalization of the Bank, The Bank expanded its branch network in a big way and actively participated in the developmental activities, particularly in the:

a) Both Rural as well as Urban Areas

b) Only Rural Areas

c) Rural and Semi – Urban Areas

d) None of The Above

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c) Rural and Semi – Urban Areas

Q.7) ‘United Bank of India’ is designated as Lead Bank in several districts and at present it is the Lead Bank in 30 districts in the states of:

a) West Bengal, Meghalaya, Nagaland and Arunachal Pradesh

b) West Bengal, Assam, Manipur and Tripura

c) West Bengal, Jharkhand, Bihar and Uttar Pradesh

d) None of The Above

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b) West Bengal, Assam, Manipur and Tripura

Q.8) POS stands for:

a) Point of Service

b) Point of Sale

c) Point of Satisfaction

d) None of The Above

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b) Point of Sale

Q.9) ______also provides a unified “Kisan Card” issued by banks across the country under Kisan Credit Card, enabling farmers to transact business on ATMs and POS terminals:

a) Maestro Card

b) RuPay Card

c) Forex Card

d) None of The Above

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b) RuPay Card

Q.10) Which among the following benefits is associated with RuPay:

a) International transactions lead to higher transactions costs. Such costs can be reduced by using RuPay card since processing will be done within the country. Also transactions will be faster

b) Users will get alerts for every transaction made through RuPay Card

c) Processing Fees for RuPay card compared with regular debit/credit cards will be considerably lower

d) All of The Above

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d) All of The Above

Q.11) Canara Bank was founded by:

a) Lala Lajpat Rai

b) Ammembai Subba Rao Pai

c) Hardyal Khurana

d) None of The Above

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b) Ammembai Subba Rao Pai

Q.12) Canara Bank was founded on:

a) December, 1906

b) August, 1906

c) July, 1906

d) None of The Above

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c) July, 1906

Q.13) As at June 2015, Canara Bank has further expanded its domestic presence with ____branches spread across all geographical segments:

a) 5708

b) 6708

c) 9708

d) None of The Above

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a) 5708

Q.14) The Canara Bank has ____ATMs covering ____centers:

a) 9039 and 4081

b) 1039 and 5081

c) 5409 and 6081

d) None of The Above

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a) 9039 and 4081

Q.15) Chairman of Canara Bank is:

a) S.V Khullar

b) T.N. Manoharan

c) Animesh Tyagi

d) None of The Above

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b) T.N. Manoharan