Banking Awareness Quiz – 60

Banking Awareness Quiz – 60

1) The headquarters of Asian Clearing Union (ACU) is ______

a) Tehran, Iran

b) Baghdad, Iraq

c) Male, Maldives

d) Dhaka, Bangladesh

2) How many digits are there in CIF?

a) 6 digits

b) 7 digits

c) 9 digits

d) 8 digits

3) CIN stands for __________.

a) Call Investment Number

b) Call Identification Number

c) Credit Identification Number

d) Challan Identification Number

4) Which among the following is a qualitative tool of monetary policy?

a) Bank Rate

b) Credit Ceiling

c) Credit rationing

d) Cash Reserve Ratio

5) 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

6) Expand ECR?

a) Exchange Credit Refinance

b) Export Credit Refinance

c) Electronic Credit Refinance

d) Employees Credit Refinance

7) Which Bank announced to transform 100 villages into ‘ICICI Digital Villages’ in 100 days to enable villagers go in cash less banking and payments transactions on November?

a) HDFC Bank

b) State Bank of India

c) ICICI Bank

d) Kotak Mahindra Bank

8) Suresh N Patel is the MD and CEO of ______________

a) Bank of Maharashtra

b) Allahabad Bank

c) Bank of Baroda

d) Andhra Bank

9) Which country launched ‘bond notes’ currency in bid to ease cash crunch on November?
a) Kenya

b) Australia

c) Zimbabwe

d) Sweden

10) Which among the following is NOT a subsidiary of RBI?

a) National Housing Bank

b) NABARD

c) Bharatiya Reserve Bank Note Mudran Private Limited

d) SIDBI