Quiz on Banking Awareness
Banking Awareness forms an important part of Bank exams. Study our Banking Awareness topics to excel in Bank exams. Quiz on Banking Awareness for upcoming exams
Number of Questions: 10
- Legal uses of tax regime to one’s own advantage, to reduce the amount of tax that is payable by means that are within the law can be termed as _____ ?
A) Tax shifting
B) Tax havens
C) Tax Evasion
D) Tax avoidance
- ______ Policy is a part of government policy, which is concerned with raising revenue through taxation & with deciding on the amount and purpose of government spending.
A) Revenue Policy
B) Fiscal Policy
C) Income Policy
D) Surplus Policy
- Money laundering is a process which involves-
A) placement of funds
B) layering of funds
C) integration of funds
D) all of the above
- Union Budget firstly presented in
A) Rajya sabha
B) State Assemblies
C) Lok Sabha
D) At meeting of cabinet ministers
- Bank rate policy , open market operations, Cash reserve ratio, Statutory liquidity ratio are the requirements employed by Reserve Bank of India as measures of ____ credit control?
A) Qualitative credit control
B) Quantitative credit control
C) Both of the above
D) None of the above
- Coins are minted by Government of India at four mints in the country. Which one of the following is not among four mints?
A) Nashik
B) Kolkata
C) Noida
D) Hyderabad
- _____ deficit is the difference between what government earns and its total expenditure.
A) Revenue deficit
B) Fiscal deficit
C) Budgetary deficit
D) Monetary deficit
- Union Budget is presented by _____ every year in last week of February.
A) Prime Minister
B) Minister of Home Affairs
C) Finance Minister
D) Minister of Corporate Affairs
- The Board of Financial Supervision (BFS) was constituted in November 1994 by RBI to supervise-
A) Commercial Banks
B) Financial Institutions
C) Non Banking Finance Companies (NBFC’s)
D) All of the above
- The use of Smart Cards/ Debit Cards/ Credit Cards for purchase of an item, or for physical cash payment at a Merchant Store, the card has to be swiped in a terminal known as ______ ?
A) Credit card terminal
B) Point of sale or POS terminal
C) EFTPOS
D) PDQ (Process Data Quickly) terminal