Banking Awareness : Quiz 39
Banking Awareness : Quiz 39
Q.1) 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.2) 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.3) 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.4) 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.5) 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.6) _____cheque can be alternated by using an ATM card:
a) Open Cheque
b) Self Cheque
c) Ordered Cheque
d) None of These
Q.7) CTS stands for:
a) Cheque Transfer System
b) Cheque Truncation System
c) Cheque Truncation Standards
d) None of These
Q.8) CHI stands for:
a) Cheque House Interface
b) Clearing House Interface
c) Commercial House Interface
d) None of These
Q.9) The Headquarter of SIDBI is located at:
a) Lucknow
b) New Delhi
c) Mumbai
d) Bangalore
e) None of The Above
Q.10) Industrial Reconstruction Bank of India (IRBI) was established in:
a) 1975
b) 1985
c) 1990
d) 1992
Q.11) On the recommendation of Kelkar committee, no new RRB was established since _____:
a) April 1987
b) April 1988
c) April 1990
d) April 1995
Q.12) Which one of the following was set up during the Seventh Five Year Plan to help the low income groups:
a) NABARD
b) Regional Rural Banks
c) National Housing Bank
d) UTI Bank
e) None of The Above
Q.13) Which among the following country is richest in the world:
a) United State of America
b) Japan
c) Qatar
d) South Korea
Q.14) Which among the following is not a component of Human Development Index:
a) Life – Expectancy in India
b) Literacy Rate and Mean years of schooling
c) Infant Mortality Rate
d) None of The Above
Q.15) Human Development Index was propounded by:
a) Amartya Sen
b) C. Rangarajan
c) Mehboob-ul-Haq
d) None of The Above
