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In order to aid your exam preparation, we are presenting a ‘Banking Awareness Quiz’ that you can score well in this section.



Q1. Which section of Banking Regulation Act, 1949 related with amalgamation of two banking companies ?
1.Section 110 to 120
2.Section 44A
3.Section 391 to 394
4.Section 20C
5.None of these

Q2. Centurion bank and ________________________merged to form centurion Bank of Punjab.
1.Bank of Punjab
2.Bank of Chandigarh
3.Laxmi Commercial Bank
4.Punjab National Bank
5.None of these

Q3. In 2008, Centurion Bank of Punjab has acquired by which financial service company ?
1.SBI
2.ICICI Bank
3.HDFC Bank
4.IDBI Bank
5.None of these

Q4. A bank which has introduced software Robotics for power banking operations is –
1. City Union Bank
2. Federal Bank
3. ICICI Bank
4. Union Bank of India
5. Indian Bank

Q5. In which state India’s first international exchange INX was inaugurated at International Financial Servce Centre(IFSC)?
1. Maharashtra
2. Gujarat
3. Hyderabad
4. Bangalore
5. Chennai

Q6. Which of the below entity has surrendered its “in-principle” license which is given by RBI to launch its Payment Bank?
1. National Securities Depository
2. Aditya Birla Nuvo
3. Tech Mahendra
4. Vodafone M-Pesa
5. Reliance Industries

Q7. I in CPI stands for?
1.Investment
2.Interest
3.Index
4. Income
5. India

Q8. A in FERA stands for?
1. Authority
2. Act
3. Advisory
4. Accounts
5. Affairs

Q9. First domestic bank of India to open a branch in Myanmar is_____________.
1. Axis
2. HDFC Bank
3. SBI
4. Bank of India
5. HSBC

Q10. _______was the first private sector bank in India which was founded in 1899 in Kerala.
1.Nainital Bank
2.Catholic Syrian Bank
3.Karur Vysya Bank
4.City Union Bank
5.Nedungadi Bank

 

ANSWER
1. 2. Section 44A 6. 3. Tech Mahendra
2. 1. Bank of Punjab 7. 3. Index
3. 3. HDFC Bank 8. 2. Act
4. 3. ICICI Bank 9. 3. SBI
5. 2. Gujarat 10. 5. Nedungadi Bank
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