Banking Quiz

1. Who is to certify that any bill is a Money Bill?

A.Finance Minister 

B.Speaker of Lok Sabha

C.Prime Minister 

D.None of the above

 2. The RBI has asked the banks to step up legal action against willful defaulters whose default money is over?

A.one crore

B.two crore

C.three crore

D.five crore

3. The credit-deposit (CD) ratio of ……… is highest in the banking sector? 

A.Foreign Banks 

B.Regional Rural Bank 

C.Public Sector Bank 

D.Private Sector Banks

4. Banks are not allowed to accept any fresh deposits or open any fresh account by way of renewal or otherwise under the two schemes — Non-Resident Non-Repatriable (NRNR) and Non-Resident. Special Rupee (NRSR) with effect from?

A.January 1, 2002 

B.April 1, 2002 

C.January 1, 2003 

D.April 1. 2003 

5. The methods of credit control by the Reserve Bank of India may be broadly divided into two parts These are? 

A.open and close 

B.quantitative and qualitative 

C.monetary and fiscal 

D.rural and urban

6. Committee on decontrolling the prices of petrol and diesel was headed by? 

A.Vijai Kelkar

B.C. Rangrajan

C.Abhijit Sen

D.Kirit S Parekh

7. What is the minimum number of directors in a public limited company? 

A.2

B.3

C.5

D.7

8. Kisan Credit Cards (KCC) Scheme was formulated in the year? 

A.1996

B.1997

C.1998

D.1999

9. Borrowings by scheduled commercial banks in the call/notice money market, on a daily basis should not exceed ……… of their owned funds or 2.0 per cent of aggregate deposits as at the end of March of the previous financial year, whichever is higher? 

A.25 per cent 

B.50 per cent 

C.75 per cent 

D.100 per cent

10. ‘Pure Banking, Nothing Else’ is a slogan raised by? 

A.ICICI Bank 

B.HDFC  Bank

C.SBI

D.UTI Bank