This quiz works best with JavaScript enabled. Home > Indian Economy > Banking > Indian Banking System And Capital Market – Quiz 15 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Banking System And Capital Market Quiz 15 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Regional Rural Banks are designed to work in which of the following ideals? [IAS 1988] A) Work on basics of commercial banks. B) Help the targetted groups. C) Keep lending rates lower than cooperative institutions. D) Work on innovative and adaptive ideals. Show Answer Correct Answer: B) Help the targetted groups. 2. The difference between a bank and a non-banking financial institution (NBFI) is that: [IAS 1994] A) A bank interacts directly with customers while an NBFI interacts with banks and governments. B) A bank indulges in a number of activities relating to finance with a range of customers, while an NBFI is , mainly concerned with the term loan needs of large enterprises. C) A bank deals with both internal and international customers while an NBFI is mainly concerned with the finances of foreign companies. D) A bank's main interest is to help in business transactions and saving/investment activities while an NBFl's main interest is in the stabilisation of the currency. Show Answer Correct Answer: B) A bank indulges in a number of activities relating to finance with a range of customers, while an NBFI is , mainly concerned with the term loan needs of large enterprises. 3. Who cancelled Sahara Mutual Fund license on 28th July'15? A) Supreme Court. B) SEBI. C) BSE. D) CRISIL. Show Answer Correct Answer: B) SEBI. 4. The oldest stock exchange of India is : A) Bombay Stock Exchange. B) Ahmedabad Stock Exchange. C) Bangalore Stock Exchange. D) Hyderabad Stock Exchange. Show Answer Correct Answer: A) Bombay Stock Exchange. 5. Merchant banking in India has been given a specific direction by RBI Regulation. A) False. B) True. Show Answer Correct Answer: A) False. 6. When Raj stayed in a hostel for 2 days he had to pay Rs 7080 including 18% GST. What is the tariff of th hostel for a unit of accomodation? A) Rs. 2500. B) Rs. 3000. C) Rs. 2000. D) Rs. 3500. Show Answer Correct Answer: B) Rs. 3000. 7. Which bank is considered the oldest in India, established in 1770? A) Punjab National Bank. B) Reserve Bank of India. C) State Bank of India. D) Bank of Hindustan. Show Answer Correct Answer: D) Bank of Hindustan. 8. SEBI has allowed celebs to endorse which products? A) Stocks and Shares. B) Mutual funds. C) Dividend. D) Insurance. Show Answer Correct Answer: B) Mutual funds. 9. A small loan amount given to low income households or groups is known as A) Cash Credit. B) Micro Credit. C) Rural Credit. D) Simple Credit. Show Answer Correct Answer: B) Micro Credit. 10. When was the Reserve Bank of India taken over by the Government? [PCS 1994] A) 1945. B) 1948. C) 19S2. D) 1956. Show Answer Correct Answer: B) 1948. 11. What is the theme of the first global hackathon-HARBINGER-organised by RBI? A) Inclusive Digital Services. B) Smarter Digital Payments. C) Alternate authentication mechanism for digital payments. D) Creating a sustainable financial world. Show Answer Correct Answer: B) Smarter Digital Payments. 12. Which of the following Indian Naval Ship is having Union Bank ATM? A) INS Vikrant. B) INS Vikramaditya. C) INS Viraat. D) INS Talwaar. Show Answer Correct Answer: C) INS Viraat. 13. The Committee on Financial Sector Reforms was headed by: A) Rangarajan. B) Urjit Patel. C) Raghuram Rajan. D) Viral Acharya . Show Answer Correct Answer: C) Raghuram Rajan. 14. A crossed cheque is one, which can be encashed only: [IFS 1991] A) By the drawee. B) Through a bank,. C) At the State Bank of India. D) After it has been transferred to another person. Show Answer Correct Answer: B) Through a bank,. 15. For auto sweep in SB PLUS minimum resultant balance should be RS ..... A) 10000. B) 25000. C) 35000. D) 40000. Show Answer Correct Answer: B) 25000. 16. I'm electronic magic, funds on the go, Swift and secure, in a timely flow. Real-time transfers, without delay, Which service am I? A) NEFT. B) IMPS. C) RTGS. D) All of these. Show Answer Correct Answer: C) RTGS. 17. Who amongst the following has never held post of the Governor of the RBI? [RBI Grade B Officer 2011] A) L.K. Jha. B) Manmohan Singh. C) Bimal Jalan. D) Usha Thorat. Show Answer Correct Answer: D) Usha Thorat. 18. Round the clock, I never sleep, Instant transfers, my promise I keep. From mobiles and banks, I serve you best, Who am I? Put your mind to the test! A) NEFT. B) RTGS. C) IMPS. D) ECS. Show Answer Correct Answer: C) IMPS. 19. Which one of these is not a part of PROJECT POWER? A) Revisit products and places. B) Employees. C) Outreach and Connect. D) Publicity and advertising. Show Answer Correct Answer: A) Revisit products and places. 20. State whether the statement will be included in estimating the Domestic income:-Broker's Commission on the sale of an old car. A) Yes. B) No. C) Both (a) and (b). D) None of these. Show Answer Correct Answer: A) Yes. ← PreviousNext →Related QuizzesIndian Economy QuizzesIndian Banking System And Capital Market Quiz 1Indian Banking System And Capital Market Quiz 2Indian Banking System And Capital Market Quiz 3Indian Banking System And Capital Market Quiz 4Indian Banking System And Capital Market Quiz 5Indian Banking System And Capital Market Quiz 6Indian Banking System And Capital Market Quiz 7Indian Banking System And Capital Market Quiz 8Indian Banking System And Capital Market Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books