Banking Quiz

1. Expand IASB?

A.International Accounting Standards Board

B.Indian Accounting Standards Board 

C.Internal Accounting Standards Bureau 

D.Indian Accounts Standards Board

2. VAT stands for? 

A. Value Added Tax

B. Value After Tax 

C. Volume And Tax 

D. None of these

3. INFINET stands for?

A.Internal Financial Networking 

B.International Financial Networking 

C.Indian Financial Network

D.Inland Financial Network

4. Which of the following is not the name of a Banking Organisation? 

A.HDFC 

B.IDBI 

C.YES 

D.SEBI

5. Cheap Money means? 

A.Low Rate of Interest

B.Low Level of Savings 

C.Low Level of Income 

D.Excess of Black Money

6. Consequent upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year? 

A.1973 

B.1974 

C.1975

D.1978

7. E.P.S. in share market stands for?

A.Earnings per share

B.Electronic Payment System 

C.Employee Pension Scroll 

D.Equated Payment System

8. The currency, Euro, has been introduced w.e.f? 

A.01.01.1999

B.01.01.2000 

C.01.08.2001 

D.01.03.2002 

9. Who is authorised to issue coins in India? 

A.RBI 

B.Ministry of Finance

C.SBI 

D.None of these 

10. The full form of RBS is?

A.Risk Based Supervision

B.Rating by System 

C.Role Based Supervision

D.Rating Bank Security