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Banking Quiz

Total questions: 20

Worksheet time: 4mins

Name
Class
Date
1.

The rate at which Central Bank lends loans/advances to Commercial Banks is

a)

CRR

b)

REPO

c)

SLR

d)

REVERSE REPO

2.

RBI was formed in the year

a)

1945

b)

1935

c)

1936

d)

1934

3.

In order to cut down inflation, REPO rates should be Increased.

a)

TRUE

b)

FALSE

4.

South Indian Bank is a private bank.

a)

TRUE

b)

FALSE

5.

Which among the following is a Foreign Bank?

a)

HDFC

b)

YES BANK

c)

HSBC

d)

AXIS

6.

CRR will be always higher than SLR

a)

TRUE

b)

FALSE

7.

Identify the Bank from the logo.

a)

Bank of India

b)

Punjab National Bank

c)

Indian Bank

d)

Bank of Baroda

8.

The first wave of Banking Nationalization happened in

a)

1970

b)

1969

c)

1965

d)

1964

9.

In order to reduce money in circulation, SLR and CRR should be

a)

INCREASED

b)

DECREASED

10.

Identify the Bank from the logo

a)

South Indian Bank

b)

Union Bank

c)

ICICI Bank

d)

Citi Bank

11.

Bank of Hindustan is the first bank in India

a)

TRUE

b)

FALSE

12.

Which Bank was acquired by GOI to establish SBI?

a)

British Bank

b)

National Bank of Britain

c)

Colonial Bank of India

d)

Imperial Bank of India

13.

SB Accounts are an example of Time Deposits

a)

TRUE

b)

FALSE

14.

Identify the Personality

a)

Shaktikanta Das

b)

Raghuram Rajan

c)

K.R Rangan

d)

Sam Pitroda

15.

Which among the following is not an agency function of a Bank?

a)

Opening FD accounts

b)

Cheque Collection

c)

Periodic Payments

d)

PF Management

16.

Overdraft facility is available in

a)

SB Accounts

b)

FD Accounts

c)

Current Accounts

d)

Recurring Accounts

17.

If Interest earned is 15,000 and interest paid is 10,000 spread will be

a)

25,000/-

b)

5000/-

c)

12,500

d)

15,000

18.

ID the bank from the logo

a)

Canara Bank

b)

Indian Overseas Bank

c)

SBI

d)

Yes Bank

19.

A scheduled bank is a bank included in the third schedule of RBI Act, 1934.

a)

TRUE

b)

FALSE

20.

Which National level Financial institution has got the mandate of promoting Small Scale Industry?

a)

NADARB

b)

SIDBI

c)

EXIM BANK

d)

NHB