Banking Awareness Quiz - 1
This quiz is to test your knowledge about the banking industry and its activities. Find out your score at the end of the quiz.
- 1.Why SLR is maintained?
- A.
To control expansion of bank credit
- B.
To ensure solvency of the banks
- C.
To compel banks to invest money in government securities
- D.
All of the above
- 2.According to the new guidelines, which of the following tax is/are now abolished ? 1) Wealth tax 2) Fringe Benefit tax 3) Commodity Transaction tax
- A.
All 1, 2 and 3
- B.
1 and 2
- C.
2 and 3
- D.
Only 1
- 3.The working of SEBI includes ?
- A.
To regulate the dealings of share market
- B.
To check the foul dealings in share market
- C.
To control the inside trading of shares
- D.
All of the above
- 4.Which of the following rates are not fixed by RBI ?
- A.
SLR
- B.
PLR
- C.
CRR
- D.
Repo Rate
- 5.Which of the following is not included in the core sectors of indian economy ?
- A.
Transport
- B.
Coal
- C.
Steel
- D.
Cement
- 6.Which of the following is an asset for a commercial bank ?
- A.
Credit to farmers
- B.
Deposits of public
- C.
Borrowing from RBI
- D.
Demand deposits of industries
- 7.Which of the following is a selective credit control method ?
- A.
Bank Rate
- B.
CRR
- C.
RBI Directives
- D.
Open Market Operations
- 8.Who is the partner in the equity of Regional Gramin Banks ?
- A.
Central Govt
- B.
State Govt
- C.
Sponser Banks
- D.
All of the above
- 9.Ministry of railway has decided to accept ………… as proof of identity for travelling on e-tickets ?
- A.
Mobile bill
- B.
Credit Card issued by a bank
- C.
Visiting Card
- D.
Press Card
- 10.Name of the Insurance company “IDBI Fortis Life Insurance Company Ltd.” is changed to …….?
- A.
IDBI HDFC Life Insurance Company Ltd
- B.
IDBI AXIS Life Insurance Company Ltd
- C.
IDBI Federal Life Insurance Company Ltd
- D.
IDBI ICICI Life Insurance Company Ltd
Questions: 10 | Attempts: 438 | Last updated: Mar 22, 2022
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Sample QuestionBanks in India are required to maintain a portion of their demand and time liabilities with the RBI, This Portion is Called_____
Questions: 50 | Attempts: 69239 | Last updated: Mar 22, 2022
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