Banking Awareness Quiz - Set 84

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1. Which among the following policy of Life Insurance Company is related to relgular old-age pension ?
1. Jivan Kishore 
2. Jivan Chhya 
3. Jivan Sanchay
4. Jivan Sahay
5. None of these
2. The decimal system of Indian currency was started in ?

1. 1950
2. 1955
3. 1957
4. 1960
5. None of these
3. Antyodaya Programme is associated with ? 
1. liberation of bonded labour 
2. bringing up cultural revolution in India
3. demands of textile labourers
4. upliftment of the poorest of the poor
5. None of these
4. Which of the following is not a necessary condition for the development of India ?
1. Capital Accumulation
2. Resource discovery
3. Population growth
4. Technological development 
5. None of these
5. The Indian economy can be most appropriately described as a :
1. Capitalist ecnomy
2. Socialist economy
3. Traditional economy
4. Mixed economy
5. None of these
6. The Tarapore Committee recommended that before capital account was made convertible the rate of inflation should be brought down for three years to within :
1. 3.5%
2. 0.3%
3. 4.6%
4. 5.7%
5. None of these
7. What is NABARD primary role ?
1. to provide term loans to state co-operative banks
2. to assist state governments for share capital contribution 
3. to act as re-finance institution
4. all of the above 
5. None of these
8. Under which Act / Policy was the BIFR established ?
1. Industrial Policy of 1980
2. Companies Act
3. Sick Industrial Companies Act
4. MRTP Act
5. None of these
9. What is the maximum amount fo investment in the shares of debentures of notified companies like the ICICI, the IDBI etc, that will entitle a rebate in income tax upto 20% of the amount invested ?
1. Rs. 80000
2. Rs. 60000
3. Rs. 20000
4. Rs. 10000
5. None of these
10. Which authority recommends the principles governing the grants-in-aid of the revenues of the states out of the Consolidated Fund of India ?
1. Public Accounts Committee
2. Union Ministry of Finance
3. Finance Commission
4. Inter-State Council
5. None of these
11. RBI does not transact the business of which of the following state governments ?
1. Nagaland
2. Assam
3. J & K
4. Rajasthan
5. None of these
12. Which amidst the following banks was converted to a "Universal Bank" 
1. Corporation Bank
2. Bank of Baroda
3. IDBI Bank
4. Canara Bank
5. None of these
13. Which of the follwoing PSUs has been privatised ?
1. HZL
2. CMC
3. Hotel Corporation of India
4. NALCO
5. None of these
14. Which amidst the following banks was converted to a "Universal Bank" ?
1. Punjab National Bank
2. ICICI Bank
3. UTI Bank
4. Indus-Ind Bank
5. None of these
15. Who has provided the Savings Bank facility to the largest number of account-holderws in India ?
1. State Bank of India
2. Punjab National Bank
3. Allahabad Bank
4. Post Office
5. None of these

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