Banking Awareness Quiz – 70
Banking Awareness Quiz – 70
1) The rate of interest on saving bank account is stipulated by the
a) Concerned Bank
b) Reserve Bank of India
c) Indian Bank Association
d) Government of India
e) Banking Codes and Standards Board of Inida
2) What is the ‘Money laundering’?
a) Conversion of assets into cash
b) Conversion of Money which is illegally obtained
c) Conversion of cash into glod
d) Conversion of gold into cash
e) Conversion of glod with foreign currency
3) NEFT Means?
a) National Electronic Funds Transfar
b) Negoriated Efficient Fund Transfar
c) National Efficient Fund Transfar
d) Non Effective Fund Transfar
e) None of these
4) The headquarters of Asian Clearing Union (ACU) is ………………
a) Tehran, Iran
b) Baghdad, Iraq
c) Male, Maldives
d) Dhaka, Bangladesh
e) None of these
5) State government securities managed and serviced by ……………
a) GOI
b) RBI
c) SEBI
d) NABARD
e) None of these
6) There are Central Government dated securities with a tenor up to ……………..in the market.
a) 10 years
b) 25 years
c) 30 years
d) 40 years
e) None of these
7) Which of the following can not accept Demand Deposit?
a) Commercial Banks
b) Foreign Banks
c) Local Area Banks
d) Regional Rural Banks
e) NBFC
8) Non – Banking Financial Comapny ( NBFC) engaged in the business of………..
a) Loans and advances
b) Acquisition of shares
c) Acquisition of stocks
d) Acquisition of bonds
e) All of these
9) How many digits are there in CIF?
a) 6 digits
b) 7 digits
c) 9 digits
d) 8 digits
e) None of these
10) The minimum Net Owned Funds ( NOF) required for consideration as FFMC for multiple branch is…………………..
a) Rs. 12 lakh
b) Rs. 10 lakh
c) Rs. 50 lakh
d) Rs. 25 lakh
e) None of these
