Banking Awareness Quiz : Set 87

Q.1) Who among the following is the sole authority to issue bank notes in India?

(a) Govt. of India

(b) RBI

(c) NPCI

(d) Finance ministry

(e) None of these

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(b) RBI

Q.2) Which among the following is also known as “Rubber cheque”?

(a) Dated cheque

(b) Bank cheque

(c) Bouncedcheque

(d) Post datedcheque

(e) Bearer cheque

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(c) Bouncedcheque

Q.3) In mutual funds the share prices are determined by__________

(a) Net asset value

(b) Share values

(c) Gross value of assets

(d) Market prices

(e) None of these

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(d) Market prices

Q.4) Mortage loans comes under______

(a) Customer finance

(b) Consumer finance

(c) Corporate finance

(d) Commercial finance

(e) None of these

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(b) Consumer finance

Q.5) What does the letter ‘A’ denotes in the term “ZBA”?

(a) Asset

(b) Account

(c) All

(d) Agents

(e) None of these

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(b) Account   

Q.6) What does the letter ‘S’ denotes in the term “BCBS”?

(a) Supervision

(b) Savings

(c) Small

(d) Sector

(e) None of these

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(a) Supervision

Q.7) A bull market is one in which prices are generally______ and investor confidence is ____

(a) Falling, Losses

(b) Rising, High

(c) Falling, high

(d) Rising, losses

(e) None of the above

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(b) Rising, High

Q.8) A bear market is one in which prices are generally______ and investor confidence is _______

(a) Falling, Losses

(b) Rising, High

(c) Falling, high

(d) Rising, losses

(e) None of the above

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(a) Falling, Losses

Q.9) What does the letter ‘O’ denotes in the term “CDO”?

(a) Obligations

(b) Objections

(c) Ombudsman

(d) Over

(e) None of these

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(a) Obligations

Q.10) What does the letter ‘F’ denotes in the term “IIF”?

(a) Finance

(b) Fiscal

(c) Formation

(d) Fund

(e) Fixed

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Finance