Banking quiz : Set 19

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1). The first public sector bank in India which obtained license for Internet Banking from RBI is:
a) Oriental Bank of Commerce
b) ICICI Bank
c) Punjab National Bank
d) State Bank of India
e) None of these

2). Coins in india are minted at
a) Hyderabad
b) Kolkata
c) Noida
d) All the above
e) None of these

3). All the financial issues of agriculture are dealt by which Bank?
a) Andhra Bank
b) SBI
c) RBI
d) NABARD
e) None of these

4).If you buy a financial instrument in one market in order to sell the same instrument in another market at higher price, it will be called as______________
a) Brokerage
b) Arbitrage
c) Forfeiture of Instrument
d) investment
e) None of these

5). AER stands for ___?
a) Average Earnings rate
b) Annual Earning Rate
c) Appropriate Earning Rate
d) Approximate Earning Rate
e) None of these

6). Which among the following is incorrect about Bank Ombudsman ?
a) Bank Ombudsman scheme was first introduced in 1995 but start in operations from
2006
b) Bank Ombudsman has the power to solve bank Complaints
c) Bank Ombudsman acts as the one of representative of Reserve Bank of India in order
to implement RBIs rules and regulations
d) All the Above
e) None of these

7). The Commission charged by a broker is _____?
a) Brokerage Interest
b) Brokerage Fee
c) Brokerage Profit
d) Brokerage rate
e) None of these

8). _____ is a short term and unsecured promissory notes issued by corporations with very high
credit standingd?
a) Demand draft
b) Credit card
c) Debit card
d) Commercial Paper
e) None of these

9). Slogan of Corporation Bank?
a) Working for a better tomorrow
b) Prosperity for all
c) Trusted family Bank
d) None of these

10). “Blending Modernity with Tradition” is the slogan of ____?
a) State Bank of Patiala
b) SBI
c) SBH
d) SBM
e) SEBI


Answers:

1).c) 
2).d) 
3).d) 
4).b) 
5).b) 
6).e) 
7).b) 
8).d) 
9).b) 
10).a)

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