Banking Awareness : Quiz 22
Banking Awareness : Quiz 21
Q.1) MD and CEO of Canara Bank is:
a) Rakesh Sharma
b) Pradyuman Rawat
c) Singh Harpreet
d) None of The Above
Q.2) Drafts of Five years plans are approved by:
a) Planning Commission
b) National Development Council
c) National Planning Council
d) None of These
Q.3) National Stock Exchange is located in:
a) Mumbai
b) Delhi
c) Kolkata
d) None of These
Q.4) The market in which long term securities such as stocks and bonds are bought and sold is commonly known as:
a) Bullion Market
b) Capital Market
c) Bull Market
d) None of These
Q.5) When Aggregate supply is less than aggregate demand is then:
a) Deflation Occurs
b) Inflation Occurs
c) Stability Occurs
d) None of These
Q.6) First Bank in India to launch EMI facility on debit cards:
a) SBI
b) Axis Bank
c) ICICI Bank
d) None of these
Q.7) The Banking Ombudsman Scheme was first introduced in _____:
a) 1995
b) 1996
c) 1998
d) None of These
Q.8) As we know, the banking ombudsman scheme was first introduced in 1995 and was revised in ___:
a) 2004
b) 2002
c) 2003
d) None of These
Q.9) Which of the following is wrong about term cheque:
a) A cheque must be signed by the person (Drawer) issuing the cheque.
b) A cheque must have the name of the recipient (Payee) of the cheque.
c) A cheque must be dated.
d) None of These
Q.10) Cheque below the amount of Rs. 1,00,000 are called_____:
a) Gift Cheque
b) Normal Value Cheque
c) Below Volume Cheque
d) None of These
Q.11) The cheque, amount of which is higher than Rs. 1,00,000 is a:
a) Gift Cheque
b) High Value Cheque
c) Normal Value Cheque
d) None of These
Q.12) Which of the following is incorrect about ‘Gift Cheque’:
a) Cheque used for gifting money to loved ones are gift cheques.
b) The value may vary from Rs. 100 to Rs. 10,000
c) Both of Above
d) None of These
Q.13) Which of the following is correct about the crossed cheque:
a) Crossed cheque cannot en-cash at the counter of the bank by holder.
b) The payment of cross cheque is only credited to the bank account of the payee.
c) Crossed cheque is done by drawing two parallel lines across top left corner of the cheque.
d) With or without writing ‘Account Payee’ in the space between the lines
e) All of the Above
Q.14) _____cheque can be alternated by using an ATM card:
a) Open Cheque
b) Self Cheque
c) Ordered Cheque
d) None of These
Q.15) CTS stands for:
a) Cheque Transfer System
b) Cheque Truncation System
c) Cheque Truncation Standards
d) None of These
