Banking Awareness Quiz – 67

Banking Awareness Quiz – 67

1) The Taxation Laws ( Amendment) Bill, 2016 passed in Lok Sabha seeks to amend the Income Tax Act of the year ?

a) 1956

b) 1975

c) 1993

d) 1961

2) Which state assembly passed the Amusement and Bettting Tax ( Amendment ) Bill, 2016 to give a fillip to the local fillm industry?

a) Haryana

b) Gujarat

c) Bihar

d) Assam

3) In banking CDR cell is related to which of the following ?

a) Corporate debts

b) Corporate Credits

c) None performing assets

d) Corporate Money

4) Name the portal launched by the Reserve Bank of Inida (RBI ) to check illegal moeny collection?

a) Sanchay

b) Sachat

c) Sanchit

d) Nirikshak

5) By which card, Delhi Transport Corporation ( DTC) is launched a service in which communters will be able to pay bus fares?

a) Metro Smart Card

b) Debit Card

c) Credit Card

d) Metro Bus Pass

6) The decimal system of note and coin issue was started in India in______-.
a) 1950

b) 1947

c) 1957

d) 1960

7) Which of the following methods is currently used in India to issue note?
a) Percentage Reserve System

b)Fixed Fiduciary System

c) Minimum Reserve System

d) Roportional Reserve System

8) From 25th September 1975, Rupee was de-linked from pound sterling and was linked to________.
a) US Dollar

b) Basket of Currencies

c) Gold

d) Dinar

9) Who among the following is the responsible person to decide the quantity of the coins to be minted?
a) The Government of India

b) SEBI

c)RBI

d) None of these

10) On 1st March, 1992, Reserve Bank of India announced a new system of exchange rates known as_______.

a) Partial Convertibility

b) Liberalized Exchange rate system

c) Both A and B

d) None of these