Banking and Financial Awareness Quiz

1. Which of the following organizations is known as a regulator associated with the financial activities in India?

 ISRO

 WHO

 UNESCO

 SEBI

2. Treasury bills are sold in India by?

 Reserve Bank of India

 State Governments

 Commercial Banks

 SEBI

3. As per the instructions given by the RBI, now all banks are required to provide which of the following in all it's branches mandatorily?

 Note Sorting Machines

 Special Counters for Senior Citizens

 Service sector

 All of the above

4. Which of the following terms is NOT used in the field of Banking & Finance?

 Overdraft

 Base Line

 RTGS

 CBS

5. Current Accounts cannot be freely opened by ………………….?

 All NRIs

 All businessmen

 Government department

 HUFs

6. Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future?

 Bombay Stock Exchange (BSE)

 Indian Bank’s Association (IBA)

 Securities & Exchange Board of India (SEBI)

 Reserve Bank of India (RBI)

7. Who amongst the following is the author of the book (released recently) “India and Global Financial Crisis : Managing Money and finance”?

 Dr. Bimal Jalan

 Dr. C. Rangarajan

 Dr. Manmohan Singh

 Dr. Y. V. Reddy

8. The Reserve Bank of India does not print currency notes of the denomination of Rs. …………….

 20/-

 50/-

 3,000/-

 1,000/-

9. Which of the following is considered as the financial capital of India?

 New Delhi

 Kolkata

 Ahmedabad

 None of the above

10. “Micro Credit” means? I. Loan of very small amount II. Loans to Corporate Sector III.Loans amounting Rs 50 lakhs to Rs 5 crores to Medium and small Industries Units

 Only (I)

 Only (II)

 Only (I) and (II)

 None of the above