Banking  Awareness  Quiz – 93

1. Which Bank is called Apex Bank?

(a) Development Bank of India

(b) NABARD

(c) Reserve Bank of India

(d) SBI

(e) EXIM Bank

2. First Indian appointed as the Governor of Reserve bank of India ……

(a) Sir C. D. Deshmukh

(b) Sir Senegal Rama Rau

(c) M. Narasimham

(d) Dr. C. Rangarajan

(e) Shanmugam Chettiar

3. Which among the following banks has more ATMs?

(a) Union Bank of India

(b) ICICI

(c) State Bank of India

(d) HDFC

(e) Syndicate Bank

4. Vostro Account means ——

(a) An account maintained by Indian bank in foreign country with dollars

(b) An account maintained by foreign bank in India in Indian Rupees

(c) An account maintained by foreign bank in India in Foreign Currency

(d) An account maintained by Indian bank in foreign in Indian Rupees

(e) An account blocked by RBI

5. India’s first indigenous payment gateway is _______________

(a) India Payment

(b) India Pay

(c) India Rupee

(d) India Expenditure

(e) None of these

6. The interest on recurring deposit is paid on the basis of?

(a) Interest calculated on daily products basis

(b) simple interest on monthly products basis

(c) simple interest calculated monthly basis

(d) Quarterly compounding

(e) None of these

7. The Base Year of Consumer Price Index Numbers for Industrial Workers (CPI-IW) is…

(a) 2011

(b) 2010

(c) 2008

(d) 2012

(e) 2001

8. Which bank is not in Private Sector?

(a) Axis Bank

(b) ICICI Bank

(c) Repco Bank

(d) HDFC Bank

(e) South Indian Bank Ltd

9. FERA 1993 passed to control the foreign exchange dealings. FERA means…

(a) Foreign Exchange Regulation Act

(b) Foreign Exchange Rules Act

(c) Foreign Exchange Relaxation Act

(d) Foreign Exchange Regulatory Act

(e) None

10. The committees relating to banking given. Pick the wrong one

(a) Bhide Committee-Commercial banks and State Financial Corporations

(b) Bhuchar Committee-Term lending institutes and commercial banks

(c) K B Chore Committee-Cash credit

(d) Cook Committee-Capital Adequacy Ratio of Banks

(e) None of these