Banking 1

Banking 1

University

10 Qs

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Banking 1

Banking 1

Assessment

Quiz

Business

University

Practice Problem

Hard

Created by

mude balaji

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1. What is the central bank of the United States?

A) Federal Reserve Bank                     

B) State Bank of India 

C) Reserve Bank of India 

D) Risk Bank

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

2. What is the largest bank in India by assets?

Bank of Baroda

ICICI

State Bank of India

HDFC

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

3. Which act regulates the banking sector in India?

Banking Regulation Act, 1950

Banking Regulation Act, 1949

Banking Regulation Act, 1935

Banking Regulation Act, 1945

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

4. What is the minimum capital requirement for setting up a small finance bank in India?

Rs. 50 crore

Rs. 100 crore

Rs. 250 crore

Rs. 200 crore

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

5. What is the maximum limit of insurance provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC) for deposits in Indian banks?

Rs. 5 lakh per depositor per bank

Rs. 2 lakh per depositor per bank

Rs. 3 lakh per depositor per bank

Rs. 4 lakh per depositor per bank

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

6. Which Indian bank issues credit cards under the brand name "SBI Card"?

ICICI

CANARA BANK

State Bank of India

HDFC

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

7. What is the term for the interest rate at which RBI lends money to commercial banks?

Repo rate

Reserve Repo rate

Bank Rate

Margin Rate

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