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Banking Awareness Quiz

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1. The initial share capital for RBI was _________
A. Rs.5 lakh
B. Rs.5 crores
C. Rs.50 crores
D. Rs.1 crore

2. It oers buyers credit and lines of credit to foreign governments and banks.
A. PNB
B. SBI
C. EXIM Bank
D. IDBI

3. The issuance of direction to housing nance institutions to ensure their growth on sound
lines.
A. HDFC
B. NHB
C. ICICI
D. SBI

4. The rate of ination increases when the purchasing power of money___________
A. Increases
B. Decreases
C. Stable
D. None of these

5. Full form of QIB is
A. Quantitative Institution Board
B. Qualied Inclusive Board
C. Qualied Institutional Buyers
D. Quantied Infrastructure Board

6. Insurance cover for bank deposits in India is provided by
A. LIC
B. GIIC
C. NICL
D. DICGC

7. CRR and SLR are related to
A. Capital Market
B. Commodities Market
C. Money Market
D. None of these

8. The following is not a primary function of a bank
A. Facilitating import of goods
B. Remittance facility
C. Safe custody of articles
D. Foreign Exchange

9. Full form of OLTAS
A. Online Tax Accounting System
B. Oce Tax Allowing System
C. Onboard Local Transaction System
D. None of these

10. NBFC deposits are _____ and not backed by security.
A. Insured
B. Uninsured
C. Secured
D. None of these

 

ANSWER:-
1)B. Rs.5 crores
2)C. EXIM Bank
3)B.NHB
4)B.Decreases
5)C.Qualified Institutional Buyers
6)D. DICGC
7)D. None of these
8)A.Facilitating import of goods
9)A.Online Tax Accounting System
10)B.Uninsured

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