Banking Awareness Quiz – 64

1) How much cash can payment be made to the beneficiary in India under MTSS?
a) Rs 2, 00,000
b) Rs 50,000
c) Rs 1, 00,000
d) Rs 10,000
e) None of the given options is true

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  b) Rs 50,000
2)  BFS stands for-
a) Board for First Supervision
b) Bureau for Financial Supervision
c) Board for Financial Supervision
d) Board for Financial System
e) Board for Financial Service
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  Board for Financial Supervision
3) Which of the following is / are used in the loan approval processes ?
a) Credit Information Report (CIR)
b) CIBIL Score
c) Both (a) & (b)
d) STRIPS
e) None of the above
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  c) Both (a) & (b) 
4) What is the initial capital amount to start small Finance Banks?
a) 100 Crore
b) 200 crore
c) 500 crore
d) 1000 crore
e) 1500 crore
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   a) 100 Crore
5) Which of the following is not regulated by Reserve Bank of Inida unlike other banks in Inida ?
a) State Bank of Sikkim
b) ICICI
c) IDBI
d) Axis
e) None of the above
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  a) State Bank of Sikkim 
6) Which of the following is correct-?
(a) Reserve Bank of India Act, 1935
(b) Reserve Bank of India Act, 1934
(c) Reserve Bank of India Act, 1930
(d) Reserve Bank of India Act, 1921
(e) None of the given options is true
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   (b) Reserve Bank of India Act, 1934
7) How many codes are there in SWIFT code?
a) 8
b) 11
c) 7
d) Both (a) and (b)
e) Both (b) and (c)
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   e) Both (b) and (c)
8) Which of the following is merged with SEBI?
a) CRISIL
b) NABARD
c) FMC
d) CIBIL
e) IDBI 
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c) FMC  
9) Management of RBI consists of (Regarding Governor and Deputy Governors)-
a) One Governor and not more than four Deputy Governors
b) Two Governor and not more than four Deputy Governors
c) One Governor and not more than three Deputy Governors
d) Four Governors and not more than one Deputy Governor
e) Three Governor and not more than two Deputy Governors
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a) One Governor and not more than four Deputy Governors 
10) The Heas Quarters of Society for Worldwide Interbank Financial Telecommunication (SWIFT) is located in ?
a) Bern, Switzerland
b) La Hulpe, Belgium
c) Geneva, Switzerland
d) New York, USA
e) Vienna. Austria
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   b) La Hulpe, Belgium