Important Banking Awareness Quiz – 122

1) Asian Development bank founded in which of the following year?
A) 1955
B) 1960
C) 1962
D) 1948
E) 1966

2) Authorized capital of Asian Infrastructure Investment bank is___?
A) $ 100 billion
B) $ 200 billion
C) $ 500 billion
D) $ 250 billion
E) none of these 3) India’s GDP could rise to about _______ dollars over the next 15 years if the country registers an economic growth of 8 per cent annually said by NITI Aayog Vice Chairman Arvind Panagriya.

a) 5 trillion

b) 6 trillion

c) 7 trillion

d) 8 trillion

e) 10 trillion

4) Which of the following automobile manufacturers recently unveiled country’s first Bio-CNG (Bio-methane) bus at ‘Urga Utsav’?

a) Ashok Leyland

b) Mahindra & Mahindra

c) Tata Motors

d) Corona Manufacturers

e) Hero Motor Corp

5) The EXIM Bank of India was established in _________ ?

a) 1956

b) 1987

c) 1982

d) 1990

e) None of these

 

6) Currency that is not likely to depreciate suddenly or to fluctuate greatly in value is known as ____
A. Soft Currency
B. Hard Currency
C. Hot Money
D. Cheap Money
E. None of these

7) ……………..is a type of charge that gives a bank automatic claim over a borrower’s property or assets.
A. Pledge
B. Hypothecation
C. Mortgage
D. Lien
E. All of these

8) IDF-MFs will raise resources through issue of units of _______
A. Commercial Papers
B. SGBs
C. MFs
D. All of these
E. None of these

9) refers to a bank which is a single and small bank that provides financial services to its local community.
A. Investment Banking
B. Branch Banking
C. Group Banking
D. Unit Banking
E. None of these

10) E in “FCEB” stands for ____
A. External
B. Exchange
C. Exchangeable
D. All of these
E. None of these

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