Banking Awareness Question Bank
1. Banking Ombudsman is appointed by
a) SEBI
b) NABARD
c) RBI
d) None of these
2.Name of Union Territory which as recently presented a tax free budge of Rs.6100 Crore for the union territory:
a) Chandigarh
b) Puducherry
c) Dadra Nagar Haweli
d) None of these
3.Maximum age for retirement for MD/CEO of all private banks is
a) 60 years
b) 65 years
c) 70 years
d) None of these
4.Two new Savings Bank products for children namely ‘Pehla Kadam and Pehli Udaan’ introduced by
a) State Bank of India
b) United Bank of India
c) Axis Bank
d) None of these
5.'Financial Exclusion' is:
a) Exclude the Finance
b) Lack of Access to Financial Services
C) Instability of Financial Services
d) None of these
6)Vijay Mallya as 'Willful Defaulter' is declared by:
a) United Bank of India
b) Canara Bank
c) Dena Bank
d) None of these
7.Mutual Funds are regulated by:
a) Reserve Bank of India
b) Securities and Exchange Board of India
C)Mutual Funds Board of India
d) None of these
8.To solve the problems of Balance of Payments of member countries is
a) World Bank
b) IMF
c) GATT
d) None of these
9.Which term is not associated with banking operations
a) Equator
b) Prime Lending Rate
c) Corporate Finance
d) None of these
10. U.T.I. officially changed into:
a) Vijaya Bank
b) Dena Bank
c) Axis Bank
d) None of these
11.Regulatory Authority for Regional Rural Bank is :
a) Sponsor Bank
b) State Government
c) RBI and NABARD
d) None of these
12.EBT stands for
a) Electronic Beginning Transaction
b) Electronic Benefit Transfer
C)Electric Belated Transfer
d) None of these
13.The instrument can not be presented for the payment in the Clearing House is:
a) Fixed Deposit Receipt
b) Dividends
c) Demand Drafts
d) None of these
14.Bharatiya Mahila Bank Limited on 19 November, 2014 launched its Internet Name of it was:
a) BMB Net
b) BMB Online
c) BMB Smartbanking
d) None of these
15.Banking Facility. Apex institution which handles refinance for agriculture and rural development in India is:
a) NABARD
b) SEBI
c) SIDBI
d) None of these
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