Friday, 13 January 2017

              Banking Awareness Quiz
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1) Government issued new notes of denominations 500 and 2000. Size of INR 500 note is 63mm * 150mm while size of INR 2000 note is _____________ ?

a) 63mm * 163mm
b) 63mm * 166mm
c) 66mm * 172mm
d) 66mm * 163mm
e) 66mm * 166mm


2)
_______________in association with NITI Aayog, IIT­Bombay, National Institute of Design and ISRO, announced ‘Splash 2016’, a pan India painting competition for children in the age group of 7 – 15 years.

a) Axis Bank
b) ICICI Bank
c) HDFC Bank
d) SBI 
e) None of these


3)
_____________ received Reserve Bank of India (RBI)’s permission to open its first international branch in Dubai. ?

a) Federal Bank
b) ICICI Bank
c)  Axis Bank
d)  HDFC Bank
e)  None of these



4) India’s first banking robot Lakshmi launched by _____________ in Chennai (Tamil Nadu). Lakshmi will be first on­site huamanoid (robot) in India .

a)  ICICI Bank
b)  City Union Bank
c)  South Indian Bank
d)  Axis Bank
e)  None of these



5) Akodara village in Sabarkantha district of Gujarat became India’s first digital village. With population of 1191 people, All transactions in village are carried out through digital modes like SMS, net-banking or debit cards. Akodara village was adopted by _______________ under its Digital Village Project in 2015 and made cashless by adopting digital technology.

a)  State Bank of India
b)  ICICI Bank
c)  Kotak Mahindra Bank
d)  HDFC Bank
e)  None of These



6) Whose signature is found on a 50 rupee currency note in India?

a)  President of India
b)  Governor, RBI
c)  Finance Minister
d)  Prime Minister of India
e)  Secretary, Ministry of Finance



7) Assume that Reserve Bank of India reduces the Bank Rate by 1%, what will be its impact? 

a)  Less liquidity in the market
b)  More liquidity in the market
c)  No change in the liquidity in the market
d)  Mobilization of more deposits by      commercial-banks
e) None of these



8)
____________ tied up with Digital Wallet Oxigen to expand bank’s e-collection facility to 3 lakh- retail outlets accepting Oxigen ?

a)  SBI
b)  Federal Bank
c)  ICICI Bank
d) HDFC Bank
e) None of These



9) For repayment of loan availed from Banks NBFC we come across a term known as EMI What does it stand for? 

a) Equated Money Index
b) Easy Money Installment
c) Equated Monthly Installment
d) Equal Monthly Installment
e) None of these



10) In the opening of Savings Account (few other accounts also) bank ask to write Nominee name. Who shall be nominee?

a)  Any person
b)  Known person only
c)  Female only
d) Close blood relation only
e) Account holder in that bank only




      Answers :-
1) e

2) a

3) a

4) b

5) b

6) b

7) b

8) a

9) c

10) a


            .....Thank you and keep visiting .....

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