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Q1. Drawer in the bank cheques is:
a) Who receives the cheques
b) Who encash the cheques
c) Who issues the cheques
d) All of the above
e) None of these
Q2. 2. Insurance sector is regulated by which of the following institution/organization:
a) SEBI
b) IRDAI
c) RBI
d) NHB
e) None of these
Q3. Which of the following is correct about ATM:
a) ATM is a computer which is dedicated to perform certain specific Jobs only
b) ATM is a user friendly machine and the customer does not require any training to use it
c) ATM is totally menu driven which displays instructions to the customers step by step for operating the same
d) All of the above
e) None of these
Q4. Original name of the State Bank of India was:
a) Bank of Calcutta
b) Bank of Bengal
c) Both Above
d) Imperial bank
e) None of these
Q5. Hum Hai Na is slogan of which bank:
a) ICICI Bank
b) Punjab National Bank
c) Vijaya Bank
d) Axix Bank
e) None of these
Q6. Overdrafts covered under which of following function:
a) Accepting Deposits
b) Advancing of Loans
c) Both of Above
d) Advancing of cash
e) None of these
Q7. The account that allows you to buy, sell as well as transact without the need of any paperwork is:
a) Simple Account
b) Demat Account
c) Current Account
d) All of the above
e) None of these
Q8. Barometer of Indian Market is:
a) NIFTY
b) SENSEX
c) Both of Above
d)BSE
e) None of these
Q9. In which year Banking Commission was established:
a) 1971
b) 1972
c) 1974
d) 1975
e)1973
Q10. Scheduled Commercial Banks got licence under:
a) Banking Regulation Act 1949
b) Banking Regulation Act 1952
c) Banking Regulation Act 1955
d) Banking Regulation Act 1938
e) None of these
ANSWER:-
1) c) Who issues the cheques
2) b) IRDAI
3) d) All of the above
4)c) Both Above
5) a) ICICI Bank
6) b) Advancing of Loans
7)b) Demat Account
8)c) Both of Above
9) b) 1972
10)a) Banking Regulation Act 1949
