Important Banking Awareness Quiz – 112

1. Which country has largest shadow banking market in the world?

(a) China

(b) UK

(c) Netherlands

(d) USA

(e) None of these

2. Nainital Bank is a subsidiary of which of the following banks?

(a) Bank of Baroda

(b) SBI

(c) Syndicate Bank

(d) RBI

(e) None of these

3. Which bank’ s name included in Second Schedule of RBI Act, 1934 on 21st May 2014

(a) BOB

(b) NABARD

(c) BMB

(d) CITI Bank

(e) ABN AMRO

4. First state cooperative bank to have its own “Ru­Pay” ATM cum Debit Card is ?

(a) HP

(b) Bihar

(c) AP

(d) Rajasthan

(e) None of these

5. Which bank became the first state­run lender to allow withdrawal of funds from its ATMs without a debit card ?

(a) State Bank of India

(b) Bharatiya Mahila Bank

(c) Bank of India

(d) Andhra Bank

(e) Dena Bank

6. In which of the following types of banking, the banks offer all types of financial services to expand their business ?

(a) Narrow banking

(b) Social banking

(c) Universal banking

(d) Wholesale banking

(e) Retail banking

7. Which of the following functions are not being performed by the Reserve Bank of India ?

(a) Regulation of banks in India

(b) Foreign currency management in India

(c) Regulation of foreign direct investment in India

(d) Control and supervision of money supply

(e) None of these

8. The debit card holder can perform which of the following functions ?

(a) Make Point of Sale (POS) purchase

(b) Recharge Pre­paid mobile phones

(c) Pay Life Insurance premium

(d) Make donation

(e) All of the above

9. Reserve Bank of India has extended the timeline for full implementation of the Basel III Capital regulations by a year to _______ recently.

(a) 31st March 2018

(b) 31st March 2029

(c) 31st March 2019

(d) 31st March 2021

(e) None of these

10. India is a member of the International Monetary Fund since _____?

(a) 1934

(b) 1935

(c) 1945

(d) 1949

(e) None of these