Banking Awareness Quiz : Set – 53

1) Which commission distributes the taxes between center and states?

a) Finance Commission

b) NITI Ayog

c) National Development Counsel

d) National Advisory Council

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a) Finance Commission

2) The Reserve Bank of India directed banks to make all new ATMs Installed from………………..as “ talking ATMs” with Braille keypads (announced in May 2014). Also banks should lay down a roadmap for converting all existing ATMs as talking ATMs with Braille keypads.

a) August 1, 2014

b) May 1, 2014

c) April 5, 2016

d) July 1, 2014

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d) July 1, 2014

3) Payment of a cheque may be countermanded by the………….

a) Payee

b) Drawer

c) True Owner

d) Drawee

d) None of these

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b) Drawer

4) First Indain Governor of the RBI?

a) C.D. Deshmukh

b) Sachindra Ray

c) S.Mukherjee

d) None of these

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a) C.D. Deshmukh

5) How many digits are there in IFSC Code?

a) 10

b) 12

c) 11

d) 13

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c) 11

6) The Co-operative bank is governed by the banking regulation Act 1949 and co-operative socities Act of

a) 1963

b) 1965

c) 1975a) Finance Commission

d) 1961

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b) 1965

7) Which of the following banks enjoys the reputation of being at the top in market capitalization among all the private banks?

a) IDBI Bank

b) Yes Bank

c) HDFC Bank

d) Axix Bank

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c) HDFC Bank

8) Headquarters of World Bank situaated at–?

a) Paris

b) Washington

c) Vienna

d) Newzland

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b) Washington

9) When was SEBI estabilshed?

a) 1990

b) 1991

c) 1989

d) 1992

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d) 1992

10) What does WPI stand for?

a) Wholesale Price Index

b) Wholesale Price India

c) Wholesale Price International

d) Wholesale Price Industrial

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a) Wholesale Price Index