Banking Awareness Quiz – 54

Banking Awareness Quiz – 54

1) Which Indian PSU bank has announced in June 2014 that it would combine its five associate banks with itself in order to expand business?

a) Punjab National Bank

b) Central Bank of India

c) Bank of Baraoda

d) State Bank of India

2) India’s first all women bank, Bharatiya Mahila Bank, has been included in the ………… schedule to the RBI Act. RBI issued a notification issued in Mumbai in May 2014 indicating the saeme.

a) Second

b) First

c) Third

d) Fourth

3) Which of the following is not classified as a commercial Bank?

a) Regional Rural Bank

b) Private Sector Bank

c) Foreign Bank

d) None of these

4) Reserve Bank of India (RBI) issued new guidelines in May 2014 to allow the minors of age above …………………to independently open and operate savings bnak account and use other facilities like ATM and cheque books.

a) 10 years

b) 12 years

c) 15 years

c) 18 years

5) Credit risk to the bank is high from which of these card?

a) ATM cards

b) Debit cards

c) Credit cards

d) all of these

5) Budget is an instrument of –

a) Commercial policy of the government

b) Fiscal policy of the Governmnet

c) Money saving policy of the governmnet

d) None of these

6) Which among the following is/are the example of Plastic money?

(a) Debit Card

(b) Credit Card

(c) All Bank notes

(d) Both 1 & 2

7) Commercial papers can be issued in the denominations of _____.

(a) Rs 1 lakh

(b) Rs 5 lakh

(c) Rs 10 lakh

(d) Rs 50,000

(e) None of these

8) Expand the term ALM as used in Banking/Finance sector?

a) Asset Liability Management

b) Asset Liability Maturity

c) Asset Liability Mismatch

d) Asset Liability Manpower

9) Who among the following was appointed as the Chairman of the Empowered Committee of State Finance Ministers on the Goods and Services Tax (GST)?

a) Anurag Jain

b) K.M. Mani

c) Abdul Rahim

d) Arun Jaitely

10) Recently, International rating agency Moody’s downgraded the ratings of some securities of which two public-sector banks?

a) Central Bank of India and Indian Overseas Bank

b) United Bank of India and Dena Bank

c) Vijaya Bank and Syndicate Bank

d) Indian Overseas Bank and Allahabad Bank