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

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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

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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

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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

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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

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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

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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

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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

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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

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

(a) 1934

(b) 1935

(c) 1945

(d) 1949

(e) None of these

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