Important Banking Awareness Questions for Upcoming Exams 2017 Set-158:
Dear Readers, The List of important Banking Awareness Quiz for upcoming exams was given here. Candidates those who are preparing for the exams can use this.
1). The Co-operative bank is governed by the banking regulation Act 1949 and co-operative societies Act of
a) 1963
b) 1965
c) 1975
d) 1961
e) None of these
Answer: b)
2). Which commission distributes the taxes between center and states?
a) Finance Commission
b) NITI Ayog
c) SEBI
d) NABARD
e) None of these
Answer: a)
3). Money market is a market for debt securities that pay off in the short term………..
a) Usually less than two years.
b) Usually less than three years.
c) Usually less than one year.
d) Usually less than five years.
e) None of these
Answer: c)
4). Providing banking services to a customer without his entrance inside the bank’s branch is called as:
a) Virtual banking
b) Relationship banking
c) Universal banking
d) Mobile banking
e) None of these
Answer: a)
5). Which committee has recommended introduction of smart card?
a) Rangarajan committee
b) Saraf committee
c) Nayak committee
d) Pannieselvam committee
e) None of these
Answer: b)
6). Which of the following is not a characteristic of foreign exchange?
a) It is a commodity
b) Rates are volatile
c) It has no exact location
d) It works 7 days in a week
e) None of these
Answer: d)
7). Who was the first Indian Governor of RBI?
a) Yash Pal Singh
b) Hemant Rao
c) CD Deshmukh
d) Jaipal Singh
e) None of the above
Answer: c)
8). Axis Bank is the changed name of
a) ICICI
b) UTI
c) IDBI
d) UTO
e) Imperial Bank
Answer: b)
9). DICGC stands for -----
a) Demand insurance and Credit guarantee Corporation
b) Demand insured and Current guarantee Corporation
c) Deposit insured and Credit guarantee Corporation
d) Detailed insurance and Credit guarantee Corporation
e) Deposit insurance and Credit guarantee Corporation
Answer: e)
10). In which among the following years NPCI (National Payments Corporation of India)was incorporated-
a) December 2008
b) January 2006
c) April 2010
d) July 2012
e) None of the given options is true
Answer: a)
Answer Key:
1).b 2).a 3).c 4).a 5).b 6).d 7).c 8).b 9).e 10).a
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