Banking quiz : Set 20

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1). Which of the following sector makes maximum contribution to the National Income of India?
a) Agriculture
b) Service
c) Industry
d) Agriculture and Industry both jointy
e) None of these

2). The Agency which regulates the Mutual funds in India?
a) PFRDA
b) RBI
c) IDBI
d) SEBI
e) None of these

3). Which of the following is a public sector bank?
a) Andhra Bank
b) Federal Bank
c) ICICI Bank
d) HDFC
e) None of these

4). Normally banks accept fixed Deposits for a maximum period of:
a) 5 years
b) 7 years
c) 10 years
d) 20 years
e) None of these

5). Yuan is the currency of which country?
a) Pakistan
b) China
c) Japan
d) France
e) None of these

6). What is mortgage?
a) A security creates on immovable property for a deposit received by a bank
b) A security creates on movable property for a deposit received by a bank
c) A security creates on movable property for a loan given by a bank
d) A security creates on immovable property for a loan given by a bank
e) None of these

7). Which of the following terms is used in the field of finance and Banking?
a) Adjustable credit
b) Absolute Zero
c) Guage pressure
d) Single bond
e) None of these

8). Which of the following is known as Plastic money?
a) Demand draft
b) Credit card
c) Debit card
d) Both B and C
e) None of these

9). Mixed Economy means?
a) Co-existence of public and private sectors
b) Co-existence of rich and poor
c) Co-existence of small and large industries
d) Co-existence of Wholesale and retail markets
e) None of these

10). Which of the following set up core banking infrastructure for rural banks?
a) RBI
b) NABARD
c) IDBI
d) NHB
e) SEBI

Answers:

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