Banking Awareness Quiz – 56

1) Which state became the first state in the country to have implemented Publich Fund Management System (PFMS)?

a) Tamil Nadu

b) Chattisgarh

c) Jharkhand

d) Mharashtra

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c) Jharkhand

2) Which among the following was the first bank purely managed by Indians?

a) Oudh Commercial Bank

b) Punjab National Bank

c) State Bank of India

d) Allahabad

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b) Punjab National Bank  

3) Name the portal launched by the Reserve Bank of India (RBI) to check illegal money

collection ?

a) Sanchay

b) Sachet

c) Sanchit

d) Nirikshak

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b) Sachet  

4) Which insurance company approved by SEBI to launch its intial public offering (IPO)?

a) Bharti Axa Life Insurance Co

b) Aviva Life Insurance Co

c) Aegon Life Insurance Co

d) ICICI Prodential Life Insurance Co

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d) ICICI Prodential Life Insurance Co 

4) Recently World Bank has coined a new term CPL based on how people define poverty. Which among the following is correct expansion of CPL?

a) Common Poverty Line

b) Community Poverty Line

c) Country Poverty Line

d) Clear Poverty Line

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b) Community Poverty Line

5) In which of the follo banks Govt holding is 10%?

a) United Bank of India

b) Indian Bank

c) Sindh Bank of India

d) Union Bank of India

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 a) United Bank of India

6) What term is used for maximum capital which the compnay which the company can raise in its life time?

a) Authorized Capital

b) Registered Capital

c) Nominal Capital

d) All of them

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 d) All of them

7) RBI announced its Fourth Bi-Monthly Monetary Policy Review on ……………..

a) 1 October 2016

b) 30 September 2016

c) 4 October 2016

d) 2 October 2016

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c) 4 October 2016 

8) Which State/Unon Territory Governmnet has recently presented a tax free 6,665 crore budget for the financial year 2016 – 17?

a) Kerala

b) Puducherry

c) New Delhi

d) Andhara Pradesh

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  b) Puducherry

9) Monetary Policy Committee headed by…………………….

a) Finance Minister

b) Chief Economic Advisor to Governmnet of India

c) RBI Governor

d) Chief Economic advosr to Prime Minster of India in Economic affairs

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c) RBI Governor 

10) A trust is a legal entity authenticated byu a:

a) Title deed

b) Sale deed

c) Trust deed

d) Power of attorney

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c) Trust deed