Banking Awareness : Quiz 34

Q.1) A ____ is a document from a bank guaranteeing that a seller will receive payment in full as long as certain delivery conditions have been met:

a) Agreement

b) Letter of Credit

c) Bill Paper

d) None of The Above

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b) Letter of Credit

Q.2) The WTO began life on _______:

a) 1 January, 1994

b) 1 January, 1995

c) 1 January, 1996

d) None of The Above

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b) 1 January, 1995

Q.3) You heard about the term “GATT”. The term “GATT” stands for:

a) General Agreement on Tariffs, Tradition and Trade

b) Global Agreement on Tradition and Trade

c) General Agreement on Tariffs and Trade

d) None of The Above

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c) General Agreement on Tariffs and Trade

Q.4) GATT was signed by 23 nations in Geneva on October 30, 1947 and took effect on______:

a) 1 January, 1949

b) 1 January, 1948

c) 1 December, 1947

d) None of The Above

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b) 1 January, 1948

Q.5) The main focus of IBRD and IDA is on ___________:

a) Developed Countries

b) Developing Countries

c) Both of The Above

d) None of The Above

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b) Developing Countries

Q.6) President of World Bank is:

a) Barack Obama

b) Jim Yong Kim

c) Shinjo Chain

d) None of The Above

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b) Jim Yong Kim

Q.7) Jim Yong Kim appointed as the president of World Bank in:

a) 2012

b) 2014

c) 2015

d) None of The Above

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a) 2012

Q.8) Basic Purpose of World Bank is:

a) Removal of Poverty from world

b) Provide Credit to Poor Countries and Developing Countries

c) Both of The Above

d) None of The Above

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c) Both of The Above

Q.9) Allahabad Bank was founded on_____ by a group of Europeans at Allahabad:

a) July 19, 1865

b) October 2, 1865

c) April 24, 1865

d) None of These

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c) April 24, 1865

Q.10) Full form of FINO:

a) Financial Information Network and Operation Limited

b) Finance Information Network Organization

c) Finance in Network Organization

d) None of these

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a) Financial Information Network and Operation Limited

 

Q.11) Oriental Bank of Commerce was founded on:

a) 20 February, 1943

b) 19 February, 1943

c) 21 February, 1943

d) None of These

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b) 19 February, 1943

Q.12) Headquarter of Oriental Bank of Commerce (OBC) is located at:

a) New Delhi

b) Udaypur, Rajasthan

c) Gurgaon, Haryana

d) None of These

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c) Gurgaon, Haryana

Q.13) Slogan of Oriental Bank of Commerce is:

a) Working for a better tomorrow

b) Where every individual is committed

c) We understand your world

d) None of These

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b) Where every individual is committed

Q.14) OBC was founded in 1943 in:

a) Lahore

b) Rawalpindi

c) Gujjarpur

d) None of These

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a) Lahore

Q.15) In 1997, Axis Bank obtained license to act as depository participant with NSDL and applied for registration with SEBI to act as______:

a) Trustee to Share Holders

b) Trustee to Debenture Holders

c) Trustee to Government Securities

d) None of These

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b) Trustee to Debenture Holders