Banking Awareness Quiz for IBPS Bank Exams - Set 33

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1. To security presses, which industry supplies white paper ?
1. Aurangabad
2. Hyderabad
3. Nagpur
4. Jammu
5. Hoshangabad
2. To mint Indian Currency, huge quantity of white paper needed. Recently Finance minister inaugurated another White paper mill in ?
1. Hyderabad
2. Pune
3. Jaipur
4. Chennai
5. Mysore
3. Which ink used to mint Indian paper currency ?
1. IPO
2. IVO
3. OVI
4. LOC
5. FAO
4. Indian Security presses import ink from ____________ to mint paper currency ?
1. UK
2. Saudi Arabia
   
3. Australia
4. Switzerland
5. Italy
5. Coins minted by ?
1. SBI
2. Ministry of Commerce
3. Government of India
4. RBI
5. None of these
6. As per the latest amendment made to the Indian Coinage Act, Government of India can mint the Coin up to the value of Rs ________?
1. 1000
2. 500
3. 250
4. 150
5. 100
7. _____________ committee suggested for the high denomination of coins in Indian Circulation ?
1. C. Rangarajan
2. Bimal Jalan
3. Tarapore
4. Chandulal
5. Malegam
8. Hyderabad mint is famous for the mining of Rs _______ Coin ?
1. 5
2. 10
3. 1
4. 100
5. 2
9. Who amongst the following cannot work as a Business Correspondent as given in the scheme launched by the banks ?
1. Kirana Store
2. Post Office
3. Self Help Group
4. A Bank Officer
5. Co-Operative Society
10. Coins circulated by _______ through banks by exchanging its minted currency ?
1. SEBI
2. SBI
3. RBI
4. Ministry of Finance
5. Ministry of Commerce
11. Some banks are financing big Projects like construction of roads, bridges etc. Financing such projects means banks are helping exactly in ?
1. Infrastructural Development
2. Project Management
3. Developing Core Sector Industry
4. Financial Inclusion
5. All of these
12. Familiar metal using to mint coins of India these days is ______________
1. Stainless Steel
2. Gold
3. Silver
4. Copper
5. Brass
13. Maximum punishment for melting or destruction of coins would be increased from 5 years to _____ years of imprisonment ?
1. 4
2. 9
3. 7
4. 10
5. 16
14. In the memory of silver jubilee of the Shri Mata Vaishno Devi Shrine Boartd, our ex PM Manmohan Singh issued the memory coins which denominations ?
1. Rs. 2 and Rs. 5
2. Rs. 1 and Rs. 100
3. Rs. 2 and Rs. 100
4. Rs. 5 and Rs. 10
5. Rs. 10 and Rs. 20
15. There are four paper currency notes presses are there. Which one is NOT the one among them ?
1. Nasik (Maharashtra)
2. Dewas (Madhya Pradesh)
3. Mysore (Karnataka)
4. Saloboni (West Bengal)
5. Hyderabad (Andhra Pradesh)
16.  Nasik and Dewas security presses are owned by Security Printing and Minting Corporation of India (SPMCIL), a wholly owned company of _____________
1. RBI
2. SBI
3. State Governments
4. Union Government
5. None of these
17. Mysore and Salboni Security presses are owned by ______ established 3rd Feb 1995.
1. Security Printing and Minting Corporation of India (SPMCIL)
2. National Bank for Agriculture and Rural Development (NABARD)
3. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)
4. National Rural Bank of India (NRBI)
5. None of these
18. Reserve Bank of India Act passed in ____________
1. 1935
2. 1949
3. 1934
4. 1991
5. 2001
19. Reserve Bank of India formed on the recommendations of _________ as it submitted report in 1926 ?
1. Keynes Commission
2. Tandon Commission
3. Royal Commission on Indian Currency and Finance
4. Kelkar Committee
5. None of these
20. Banking Regulation Act passed in ___________
1. 1951
2. 1949
3. 1964
4. 1991
5. 2001

 Read more Banking Awareness Model Practice Sets from below

• Set 1
• Set 2
• Set 3
• Set 4
• Set 5
• Set 6
• Set 7 
• Set 8
• Set 9 
• Set 10
• Set 11
• Set 12
• Set 13 
• Set 14 
• Set 15 
• Set 16 
• Set 17
• Set 18 
• Set 19
• Set 20
• Set 21
• Set 22
• Set 23 
• Set 24 
• Set 25 
• Set 26 
• Set 27 
• Set 28 
• Set 29 
• Set 30 
• Set 31 
• Set 32

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