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General Knowledge :: Banking Awareness

  1. First bank in India to launch its interactive banking service through Dish TV:

  2. A.

     HSBC

    B.

     ICICI Bank

    C.

     HDFC Bank

    D.

     Axis Bank

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  3. First Indian Governor of the RBI:

  4. A.

     C.D. Deshmukh

    B.

     Sachindra Ray

    C.

     S. Mukherjee

    D.

     D.I.G. Patel

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  5. CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) has been set up on the recommendations of:

  6. A.

     Narashimham Committee

    B.

     Ghosh Committee

    C.

     Chore Committee

    D.

     Kapoor Committee

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  7. The primary relationship between the banker and the customer is that of:

  8. A.

     Trustee and beneficiary

    B.

     Debtor and Creditor

    C.

     Principal and agent

    D.

     Lesser and lessee

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  9. A debt becomes time-barred after:

  10. A.

     One year

    B.

     Two and a half year

    C.

     Three years

    D.

     Five years

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  11. In the matter of handling bills of exchange for collection, the relationship between customer and the bank is:

  12. A.

     Trustee and the beneficiary

    B.

     Principal and agent

    C.

     Bailor and Bailee

    D.

     All of the above

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  13. Hypothecation is:

  14. A.

     A transaction of conditional sale

    B.

     A legal transaction whereby goods may be made available as security for a debt

    C.

     Transfer of ownership by the borrower to the lender

    D.

     None of the above

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  15. Payment of a cheque may be countermanded by the ___

  16. A.

     Payee

    B.

     True owner

    C.

     Drawee

    D.

     Drawer

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  17. J.S. Verma Committee Report relates to:

  18. A.

     Strengthening of weak banks

    B.

     Corporate Governance

    C.

     Bank Mechanization

    D.

     None of the above

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  19. A Usance Bill when presented for acceptance has to be accepted/ dishonoured within:

  20. A.

     24 hours

    B.

     36 hours

    C.

     48 hours

    D.

     60 hours

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