Banking Quiz

1. Advanced payment of tax is in the nature of: 
A. Asset
B. Liability
C. Prepaid Expenses
D. Revenue Expenses

2. CSO has changed its base year for National Income estimation. The new base year is: 
A. 1990-91
B. 2004-05
C. 1994-95   
D. 1995-96

3. First share market in India was established in: 
A. Delhi
B. Kolkata 
C. Mumbai 
D. Chennai

4. Matching the following: 
List-I                   List-II
1. Indian Contract Act  (a) 1872
2. Companies Act   (b) 1956 
3. Banking Regulation Act (c) 1949
4. Revenue Expenses   (d) 1932
   
Codes :
 1 2 3 4
A. (b) (d) (a) (c)
B. (a) (c)  (b) (d)
C. (c) (a) (b) (d)
D. (a) (d) (c) (b)

5. In India, bank is regulated by: 
A. Indian Contract Act, 1872
B. Banking Regulation Act, 1949
C. Indian Companies Act, 1956 466.
D. None of these

6. In SWOT analysis, 'S' stands for: 
A. Strengths
B. Strategies
C.Smart card
D. None of these

7. EOQ stands for: 
A. Evaluation-on-Quantity
B. Even-on-Quality
C. Economic Order Quantity
D. Economic-on-Quality

8. MRO' means: 
A. Money Rate Over
B. Maintenance Repair and Operating
C. More Rate Over
D. None of these

9. Example of the product line of a Bank is: 
A. Car loan
B. Personal loan
C. Home loan
D. Above all

10. Which of the following is the example of product diversification of Bank? 
A. Credit Card
B. International Credit Card
C. Debit Card
D. Above all