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

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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
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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

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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

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

a) 1956

b) 1987

c) 1982

d) 1990

e) None of these

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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

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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

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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

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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

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

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