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Banking Awareness Quiz

1. Which of the following terms NOT used in the field of Banking & Finance?
(1) Overdraft
(2) Base Line
(3) RTGS
(4) GBC
(5) None of the above

2. Which of the following organizations is known as a regulator associated with the financial activities in India?
(1) ISRO
(2) WHO
(3) UNESCO
(4) SEBI
(5) None of the above

3. When someone wants to open a new saving bank account, the bank asks him/her to bring various documents. Which of the following is one of these documents?
(1) Certificate of medical fitness
(2) Degree Certificate
(3) Proof of Residence & Identity
(4) None of the above

4. Which of the following is NOT the name of a multinational bank?
(1) BNP Paribas
(2) British Bank of Middle East
(3) Standard Chartered Bank
(4) Cathay Pacific
(5) None of the above

5. Which of the following is an example of cash less purchase?
(a) ATM Withdrawal
(b) Credit Cards
(c) Debit Card
(1) Only a
(2) Only (b)
(3) Only (b) and (c)
(4) All of these
(5) None of the above

6. Who amongst the following was never a Governor of the RBI?
(1) Bimal Jalan
(2) Y.V. Reddy
(3) Arup Roy Chodhury
(4) D.D. Subbarao
(5) None of the above

7. Which of the following is the name of a private sector Bank in India?
(1) IDBI Bank
(2) Axis Bank
(3) Corporation Bank
(4) UCO Bank
(5) None of the above

8. Some major banks and financial institutions in various Western countries were to wind up their business and/or declare themselves in financial problems during last few years. This trend is technically known as:
(1) Devaluation
(2) Deformation
(3) Global Slowdown
(4) Political backdrop
(5) None of the above

9. Exporters in India get insurance cover and risk cover form which of the following organizations?
(1) SIDBI
(2) NABARD
(3) ECGC
(4) RBI
(5) None of the above

10. Which of the following is NOT a type of cheque issued by an individual?
(1) Bearer cheque
(2) Order cheque
(3) Crossed cheque
(4) Savings cheque
(5) None of the above

Answers:
1. 2
2. 4
3. 3
4. 4
5. 3
6. 3
7. 2
8. 3
9. 3
10. 4