Deck 6: Banking and Financial Terms and Facts

Question 1

The present Governor of RBI is

A)bimal jalan
B)subba rao
C)raghuram rajan
D)rangarajan

Answer 1

raghuram rajan

Question 2

Industrial Reconstruction Bank of India(IRBI) was established in the year

A)1961
B)1960
C)1985
D)1975

Answer 2

1985

Question 3

............ is "Pay later product"

A)debit card
B)atm card
C)credit card
D)both a&b

Answer 3

credit card

Question 4

............ is "Pay now product"

A)debit card
B)atm card
C)credit card
D)charge card

Question 5

Banking Ombudsman was established in...........

A)1993
B)1997
C)1995
D)1987

Question 6

Another name of credit card is.......

A)debit card
B)money card
C)plastic money
D)card money

Question 7

Credit card was first time launched in the world by..........

A)british bank
B)bank of america
C)hsbc
D)sbi

Question 8

"Either of Survivor" account in a bank is............account

A)minors account
B)joint account
C)saving account
D)double account

Question 9

RTGS stands for.........

A)rural transactions of government services
B)real time gross settlement
C)recurring and term gross savings
D)real time government service

Question 10

A Head quarter of SIDBI is..........

A)new delhi
B)mumbai
C)calcutta
D)lucknow

Question 11

The first new generation bank starts its operation in India

A)icici
B)hdfc
C)axis bank
D)centurion

Question 12

The first new private sector bank is...............

A)hdfc bank
B)icici bank
C)centurion bank
D)uti bank

Question 13

Money lenders in Kerala come under purview of........

A)banking regulation act
B)indian companies act
C)kerala banking regulation act
D)kerala money lenders act

Question 14

Imperial bank of India was established by amalgamation of .......... presidency banks

A)3
B)5
C)7
D)10

Question 15

Custodian of National Rural Credit Stabilisation Fund

A)rbi
B)sbi
C)nabard
D)arbi

Question 16

Number of public sector Banks in India

A)14
B)20
C)21
D)28

Question 17

A mutilated cheque will be -----------

A)crossed
B)endorsed
C)marked
D)torn

Question 18

FDR stands for..........

A)fiduciary deposit reserve
B)fixed deposit receipt
C)fixed depreciation rate
D)fixed deposit rate

Question 19

The chairman of 13th Finance commission is

A)a m khushro
B)c rangarajan
C)vijay kelkar
D)bimal jalan

Question 20

The first bank in the world

A)bank of america
B)federal reserve bank
C)bank of venice
D)bank of hindustan

Question 21

The first bank in India

A)allahabad bank
B)punjab national bank
C)nedungadi bank
D)bank of hindustan

Question 22

First purely Indian bank is

A)allahabad bank
B)punjab national bank
C)nedungadi bank
D)bank of hindustan

Question 23

The first bank in Kerala

A)federal bank
B)south malabar gramin bank
C)north malabar gramin bank
D)nedungadi bank

Question 24

The first international credit card was introduced in India by

A)sbi
B)canara bank
C)andhra bank
D)bank of baroda