Quiz on Banking Awareness
Banking Awareness forms an important part of Bank exams. Study our Banking Awareness topics to excel in Bank exams. Best Quiz on Banking Awareness
Number of Questions: 10
- Banking codes and Standard Board of India, has been constituted as a :
A) Joint stock company
B) Trust
C) Society
D) Partnership Firm
- Which among the following is the objective of issuing KYC guidelines by RBI
A) Check fraudulent activities of borrowers
B) Check money laundering activities
C) Avoid undesirable customer to enter the Banking system
D) B and C
- INDONET was set up by ____ ?
A) RBI
B) CMC Ltd.
C) TCS
D) None of the above
- Spend now and Pay later is stands for
A) ATM card
B) Credit card
C) Debit card
D) Electronic purse
- Which of the following is correct in the context of a company?
A) a public company has minimum 7 shareholders
B) a private company has no restrictions on no. of shareholders
C) a public company should have minimum 3 directors
D) a public company is a government company if 50% of its paid up capital is held by govt.
- When RBI cancels the banking licence of banking company, the appeal can be made to
A) Central government
B) Company Law Board
C) Supreme Court
D) High Court
- The term “uberrima fides” relates to
A) contract of insurance
B) conducting insurance business
C) bancassurance
D) None of the above
- What does S stands for in SCC with respect to credit?
A) Structured
B) Systematic
C) Secure
D) Selective
- What does the last character represent in PAN Card?
A) type of holder
B) Check digit
C) surname of holder
D) none of the above
- Branches of banks distribute to their customers as corporate agents, insurance products of other insurance company, which is called
A) Underwriting business
B) bancassurance
C) referral business
D) None of the above