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General Knowledge :: Banking Awareness

Banking Awareness - section-1
  1. The Holidays for the Banks are declared as per which of the following Act

    2. A.

     Reserve bank Act
    B.

     Banking Regulation Act – 1949
    C.

     Negotiable instrument Act –1881
    D.

     Companies Act – 1956

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  2. Interest rate "Savings deposit" now a days is decided by

    3. A.

     RBI
    B.

     SBI
    C.

     Respective Banks
    D.

     IBA

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  3. "ASBA" stands for

    4. A.

     Application supported by bank account
    B.

     Application supported by balance account
    C.

     Application supported by blocked account
    D.

     Application supported by blocked amount

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  4. FCCB stands for

    5. A.

     Foreign currency convertible bonds
    B.

     Forex currency convertible bonds
    C.

     Form currency convertible bonds
    D.

     Future currency convertible bonds

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  5. "De–Mat" account is regulated by

    6. A.

     RBI
    B.

     SBI
    C.

     IRDA
    D.

     SEBI

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  6. Banking ombudsman is appointed by

    7. A.

     Union government
    B.

     RBI
    C.

     Respective state government
    D.

     Exim bank

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  7. How much maximum amount that is insured by "deposit insurance" credit corporation (DICGC)

    8. A.

     Rs. 50000
    B.

     Rs. 100000
    C.

     Rs. 10000
    D.

     Rs. 500000

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  8. How much quantity of coins to be minted decided by

    9. A.

     RBI
    B.

     Union government
    C.

     SBI
    D.

     IRDA

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  9. RBI can issue bank notes of maximum denomination

    10. A.

     Rs. 1000
    B.

     Rs. 500
    C.

     Rs. 10000
    D.

     Rs. 20000

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  10. Life span of Rs. 10 notes are

    11. A.

     10-15 months
    B.

     16-19 months
    C.

     10-18 months
    D.

     20-25 months

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