Important Banking Awareness Questions for Upcoming Exams 2017 Set-159:
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). Which card is a new card payment scheme launched by NPCI?
a) Maestro card
b) Visa Card
c) MasterCard
d) RuPay
e) None of the given options is true
Answer: d)
2). United Bank of India was established on December 18 ________
a) 1942
b) 1945
c) 1950
d) 1960
e) None of these
Answer: c)
3). Who is the MD and CEO of Allahabad Bank?
a) Ravi Krishan Takkar
b) Kishor Piraji
c) Pawan Kumar Bajaj
d) Rakesh Sethi
e) None of these
Answer: d)
4). The govt. of India replaced the FERA by _____?
a) FEMA
b) FRBMA
c) Monopolies Act
d) FRTP
e) None of these
Answer: a)
5). “The Bank that begins with “U”” is the tagline of _____________
a) Union Bank of India
b) UCO Bank
c) United Bank of India
d) Central Bank of India
e) None of these
Answer: c)
6). Where is the head office of Bank for International Settlements (BIS)?
a) Zurich, Switzerland
b) New York, USA
c) Basel, Switzerland
d) Berlin, Germany
e) Geneva, Switzerland
Answer: c)
7). Director General of Foreign Trade is working under ____________.
a) Ministry of Finance
b) Ministry of Commerce
c) Ministry of External Affairs
d) Reserve Bank of India
e) None of these
Answer: b)
8). NOSTRO Account is a _____
a) Foreign Account maintaining account with any bank in India
b) Any Indian bank maintaining account with a bank abroad
c) Foreign Bank maintaining account with RBI
d) Indian account maintaining account with RBI
e) None of these
Answer: b)
9). Cheque truncation means:
a) Tearing a cheque into two or more pieces
b) Sending the Photostat copy of a cheque in collection
c) Using the electronic image of a cheque
d) Keeping the Photostat copy of a cheque with collecting bank before sending the original cheque to the drawee branch
e) None of these
Answer: c)
10). Which of the following banks was first to establish merchant banking business in India?
a) ABN Amro Bank
b) Citibank
c) HDFC Bank
d) Standard chartered
e) Grindlays Bank
Answer: e)
Answer Key:
1).d 2).c 3).d 4).a 5).c 6).c 7).b 8).b 9).c 10).e
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