SIDBI | BANKING & ECONOMIC AWARENESS QUIZ - 2

 1- Which Bank is called Apex Bank?

(A) Development Bank of India
(B) NABARD
(C) Reserve Bank of India
(D) SBI
(E) EXIM Bank

2- First Indian appointed as the Governor of Reserve bank of India ……

(A) Sir C. D. Deshmukh
(B) Sir Senegal Rama Rau
(C) M. Narasimham
(D) Dr. C. Rangarajan
(E) Shanmugam Chettiar

3- Which among the following banks has more ATMs?

(A) Union Bank of India
(B) ICICI
(C) State Bank of India
(D) HDFC
(E) Syndicate Bank

4- Vostro Account means ——

(A) An account maintained by Indian bank in foreign country with dollars
(B) An account maintained by foreign bank in India in Indian Rupees
(C) An account maintained by foreign bank in India in Foreign Currency
(D) An account maintained by Indian bank in foreign in Indian Rupees
(E) An account blocked by RBI

5- Which among the following terms not used in Banking?

(A) Pay Order
(B) Garnishee
(C) Emission
(D) Lien
(E) Crossing

6- In the acronym WEF, ‘E’ stands for…..

(A) Exchange
(B) Eternal
(C) Existence
(D) Economic
(E) None of These

7- Which among the following banks is not in Private Sector?

(A) Axis Bank
(B) ICICI Bank
(C) Repco Bank
(D) HDFC Bank
(E) South Indian Bank Ltd

8- Which among the following is not the Negotiable instrument?

(A) Cheque
(B) Demand Draft
(C) Cash Deposit form
(D) Bill of Exchange
(E) Promissory Note

9- What do you understand by “Para Banking” services?

(A)Eligible financial services rendered by bank
(B) Utility services provided by bank
(C) Services provided through business correspondent
(D) Services provided to armed force personnel
(E) None of these

10- A Banking system where all operations are confined to a single office is known as?

(A) Unit Banking
(B) Group Banking
(C) Chain Banking
(D) Branch Banking
(E) None of these


ANSWERS:

1- (C) Reserve Bank of India

2- (A) Sir C. D. Deshmukh

3- (C) State Bank of India

4- (B) An account maintained by foreign bank in India in Indian Rupees

5- (C) Emission

6- (D) Economic

7- (C) Repco Bank

8- (C) Cash Deposit form

9- (A) Eligible financial services rendered by bank

10-(A) Unit Banking