Banking Awareness And Sebi Quiz 3 (60 MCQs)

Quiz Instructions

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1. The Banking Codes and Standards Board of India was registered on 18th February, 2006 under which of the following RBI Act?
2. Which of the following is not a primary function of a Bank?
3. In which year "Punjab National Bank" was formed?
4. What is the most powerful tool used by the Reserve Bank of India to control inflation?
5. In which year "Nainital Bank Limited" was formed?
6. Finance is a field that deals with the study of.....
7. Call Money, Notice Money and Term Money markets are sub-markets of the .....
8. 'One Family one Bank' is the tagline of which Bank?
9. What is the tagline of HDFC Bank?
10. Which among the following is known as prepaid negotiable instrument?
11. Maximum amount of Cheque
12. The SARFAESI Act 2002 empowers Banks / Financial Institutions to recover their non-performing assets (bad loans) without the intervention of the Court. In "SARFAESI" second "S" stands for .....
13. The duration of fund raising from the commercial banks to the extent of RIDFs shortfall in agricultural lending is .....
14. Which is the first Indian bank started solely with Indian capital investment?
15. A bank include in the second schedule of RBI is called as
16. What happens when a bank dishonours a cheque?
17. Where is the Bank of International Settlement headquartered?
18. Who works as RBI's agent at places where it has no office of its own?
19. With reference to a cheque which of the following is the 'drawee bank'?
20. Which is the first bank to introduce ATM in India?
21. The committee that recommended the introduction of electronic clearing services?
22. What is a stale cheque?
23. In which year "Bank of India" was formed?
24. Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?
25. Banks are required to preserve the old records. The rules regarding preservation are framed by Central Govt., as per provisions of which of the following Act?
26. The ownership structure of Regional Rural Banks (RRBs) comprises of
27. The co-operative bank is governed by the banking regulation Act 1949 and co-operative societies Act of
28. Which one of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
29. Which one of the following allow bank customers to effect transfers of funds from their deposit accounts and other financial transactions at retail establishments?
30. In which year "Indian Bank" was formed?
31. First bank in India to launch its interactive banking service through Dish TV
32. According to which guidelines did the Government pick up the entire SBI shares held by the RBI?
33. When did the government acquire RBI's shareholding (72.5 %) in NABARD?
34. RBI can carry out inspection of any bank under section ..... of Banking Regulation Act.
35. The largest bank Imperial bank was nationalized in 1955 and rechristened as State Bank of India on the recommendation of which committee?
36. Quantitative instrument of the RBI can be
37. The Reserve Bank of India was established on .....
38. Punjab National Bank was established in .....
39. Co-operative Societies Act.....
40. In 1982, the rural planning and credit cell (RPCC) of reserve bank of India was merged in which of the following banks?
41. An account holder draws a cheque on a .....
42. Which of the following stock exchange is derecognized by SEBI on 19.11.2014 on the allegations of serious irregularities in its functioning?
43. Which country started first plastic notes?
44. Who provides refinance facilities to RRBs?
45. How much quantity of coins to be minted decided by
46. Where is the head office of Syndicate Bank located?
47. Union Government has decided to set up a Bank Board Bureau (BBB) to monitor key performance indicators of two dozen public sector banks (PSBs). BBB will start functioning from .....
48. Which is the first Indian bank to get ISO?
49. What is 'fiat money'?
50. What is the full form of EFT?
51. A banknote is also known as a .....
52. Which one of the subsidiary banks was merged with the State Bank of India on August 13, 2008?
53. Who headed the committee on Credit Information Reports (CIRs)?
54. What is the name of technology given to the recently introduced computerised clearance of cheques
55. Which one of the following is controlled by the world wide web?
56. Which of the following section defines offence of money laundering?
57. The Holidays for the Banks are declared as per which of the following Act
58. Electronic fund transfers like RTGS and NEFT are operated and maintained by .....
59. Tier-II capital consists of
60. In CDR, "R" stands for .....