Banking Awareness Quiz - Set 88

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1. Which among the following bank / banks in India have set up the Financial Literacy and Cred-it Counseling Centers ?
1. Reserve Bank of India
2. Scheduled Commercial Banks
3. Foreign Banks working in India
4. NABARD
5. None of the above 
2. Which of the following bank was not nationalized in 1969 ?
   
1. Canara Bank
2. United Bank of India
3. UCO Bank 31.
4. Punjab National Bank
5. Andhra Bank
3. Which of the following comes under RBI's quantitative measures ?
1. Bank Rate Policy
2. Open Market Operation
3. Cash Reserve Ratio
4. Statutory Liquidity Ratio
5. All the above 
4. Prior to the establishment of the Reserve Bank of India, the Government banking business was conducted by :
1. Bank of India
2. Central Bank of India
3. National Bank of India
4. Imperial Bank of India
5. Punjab National Bank 
5. The assets of the banks will be classified as Standard, Substandard, Doubtful and Loss assets. Wherein assets which have remained NPA for a period less than or equal to 12 months, are termed as :
1. Substandard assets
2. Doubtful assets
3. Loss assets
4. Provisional assets
5. Other than those given as options 
6. Govt. has proposed to assist the Start-ups through __________ deduction of profits for 3 out of 5 years for startups set up during April 2016 to March 2019.
1. 40%
2. 60%
3. 80%
4. 25%
5. 100%
7. In banking parlance there are certain terms like Demand Deposits and Term Deposits. Term De-posits include :
1. Fixed deposits
2. Recurring deposits
3. Time liabilities portion of saving bank deposits
4. SDR (Short Term Deposits)
5. All of the above 
8. Which of the following is not associated with risks related to risk management in banks ?
1. Credit risk
2. Market risk
3. Profit risk
4. Operational risk
5. None of these 
9. Which of the following is not an authorized mode in Banks to Transfer Money, Know the balance, in the account, etc. ?
1. Online
2. Mobile
3. Phone
4. Video Conferencing
5. None of the above 
10. A trust is a legal entity authenticated by a:
1. Title deed
2. Sale deed
3. Trust deed
4. Partnership deed
5. Power of attorney 
11. Banks allow some important customers to withdraw without clear credit balance. Such facility is known as :
1. Zero Balance
2. Current Account
3. Overdraft
4. Demand draft
5. Promissory 
12. To open a savings account in the name of a minor, we should ensure :
1. The person can independently read, write and sign
2. Only operated by self; either physical visits or through ATMs
3. An undertaking furnished by the major guardian
4. Only (1)
5. (1), (2) and (3)
13. Certificate of incorporation of a company is like a :
1. License
2. Permit
3. Clearance
4. Birth certificate
5. Statutory approval 
14. To open the account of a public charitable trust, the key document required is:
1. Permission of Charity Commissioner
2. Permission of Local Authority
3. Permission of Court of Law
4. All of the above
5. None of the above

Read Part 1 from here

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