Banking Awareness Quiz for PO & Clerk Exam : Set 43 | GK Infopedia

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[1]Expand FIPP –
A. Foreign Investment Promotion Brochure
B. Foreign Investment Production Board
C. Foreign Investment Promotion Board
D. Foreign Direct Investment Promotion Board
Ans: Foreign Investment Promotion Board
Explanation : 0

[2]The nationalisation of 14 Indian commercial banks, with deposits over and above Rupees 50 Crores, was undertaken by government of India, on
A. 9th June, 1969
B. 19th July, 1969
C. 9th July, 1969
D. 9th June, 1970
Ans: 19th July, 1969
Explanation : 0

[3]Where is the head quarter of International monetary fund (IMF)?
A. London
B. New York
C. Washington DC
D. Paris
Ans: Washington DC
Explanation : 0

[4]Who headed the committee on Credit Information Reports (CIRs)?
A. Raghuram Rajan
B. Kaushik Basu
C. K.V Kamath
D. Aditya Puri
Ans: Aditya Puri
Explanation : 0

[5]Banking Ombudsman Scheme is applicable to the business of
A. All scheduled commercial banks excluding RRBs
B. All scheduled banks except private banks
C. All scheduled commercial banks including RRBs
D. Only Public Sector Banks
Ans: All scheduled commercial banks including RRBs
Explanation : 0

[6]SEBI is related to
A. Bank
B. Government of India
C. Share Market
D. State Government
Ans: Share Market
Explanation : 0

[7]Consider these statements:- Statement I – One rupee note is the liability of GOI. Statement II – Two rupee note is the liability of RBI.
A. Both statements are true.
B. Both are false.
C. Statement I is true, whereas II is false.
D. Statement I is false, whereas II is true.
Ans: Both statements are true.
Explanation : 0

[8]Which of the following is NOT a bapart of Indias Money Market?
A. Bill Markets
B. Call Money Market
C. Banks
D. Indian Gold Council
Ans: Indian Gold Council
Explanation : 0

[9]CICs are permitted to invest Liquid Fund Schemes (Mutual Funds) with maturity of less than
A. 51
B. 71
C. 61
D. 91
Ans: 91
Explanation : 0

[10]The initial public offer is connected to which among the following:
A. Primary market
B. Secondary market
C. Old issues market
D. gilt edged securities market
Ans: Primary market
Explanation : 0

[11]Whose signature is found on a 50 rupee currency note in India?
A. President of India
B. Governor, RBI
C. Finance Minister
D. Prime Minister of India
Ans: Governor, RBI
Explanation : 0

[12]From which of the following financial organizations of the world, India had taken soft loan for recapitalization of banks?
A. Asian Development Bank
B. International Monetary Fund
C. International Donors’ Group
D. World Bank
Ans: World Bank
Explanation : 0

[13]from the following in which bank no person can open his account?
A. Cooperative Bw1ank
B. Rural Bank
C. RBI
D. Commercial Bank
Ans: RBI
Explanation : 0

[14]Banking with personal touch‖ is the tagline of
A. Federal Bank
B. South Indian Bank
C. Karur Vysya Bank
D. Laxmi Vilas Bank
Ans: Laxmi Vilas Bank
Explanation : 0

[15]Which of the following is the first commercial bank ?
A. State bank of India
B. Oudh Commercial Bank a
C. Union Bank of India
D. Indian Bank
Ans: Oudh Commercial Bank a
Explanation : 0

[16] Which country issued first purely plastic note ?
A. New Zealand.
B. Mexico,
C. Singapore,
D. Australia
Ans: Australia
Explanation : 0

[17]Which bank has launched travel card for students joinnig abrod?
A. ICICI
B. HSBC
C. SBI
D. HDFC
Ans: ICICI
Explanation : 0

[18]Working capital requirement depends upon
A. Level of activity
B. Nature of Production cycle
C. Types of business carried
D. All the above
Ans: All the above
Explanation : 0

[19]Which of the following is not the name of a bank, functioning in India ?
A. Central Bank of India
B. Aegon Religare
C. United Bank of India
D. Dena Bank
Ans: Aegon Religare
Explanation : 0

[20]Banks are required to monitor transactions of suspicious nature for reporting to the authorities under anti- money laundering measures. The purpose of reporting is:
A. Combating finance of terrorism
B. To check hawala transactions
C. To check the inflow of crime money
D. All the above
Ans: All the above
Explanation : 0

[21]Indias first post office savings bank ATM facility has been recently inaugurated in which of the following places?
A. Chennai
B. Delhi
C. Mumbai
D. Bengaluru
Ans: Chennai
Explanation : 0

[22]By crossing we mean :-
A. two horizontal lines on a cheque
B. one straight line across the cheque
C. two lines across the cheque making X
D. two transverse parallel lines on a cheque
Ans: two transverse parallel lines on a cheque
Explanation : 0

[23]The Bank for International Settlements (BIS) which provides the Banking supervision accords is located in which country
A. England
B. USA
C. France
D. Switzerland
Ans: Switzerland
Explanation : 0

[24]If one is not satisfied with the decision passed by the Banking Ombudsman, one can approach the appellate authority to
A. Governor of RBI
B. Deputy Governor of the RBI
C. Finance Secretary
D. Finance Minister
Ans: Deputy Governor of the RBI
Explanation : 0

[25]Support all the way‖ is the tagline of
A. HDFC Bank
B. Citi Union Bank
C. Dhanlaxmi Bank
D. Catholic Syrian Bank
Ans: Catholic Syrian Bank
Explanation : 0



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