Banking awareness Test06

Written by Administrator on 26 April 2013.

1. Which of the following is not a public sector commercial Bank?
A) Central Bank of India
B) State of Hyderabad
D) Regional Rural Bank

2. __________ is Banking or Banking activity that is consistent with the principles of sharia and its practical application through the development of Islamic economics.
A) Anonymous Banking
B) Ethical Banking
C) Islamic Banking
D) Mudarabah

3. Which of the following cannot be a feature of a Debit card?
A) These Cards Cannot be Used as POS Centres
B) Banks Earn Huge Amount as Penalties for Defaulting on Payment Through These Cards.
C) Can be Used Normal Withdrawals.
D) Only 1 and 2

4. The Doing Business Report', an international publication, is published every year by which of the following organizations?
A) World Bank
C) Reserve Bank of India

5. A __________ is a financial institution whose primary purpose is accepting savings deposits.
A) Deposit Bank
B) Transactional Bank
C) Non Industrial Bank
D) savings Bank

6. A _________ is a document that orders a payment of money from a Bank account.
A) Cheque
B) Credit card
C) Giro
D) Bond

7. Which of the following Banks worked as quasi central Bank under the British rule?
A) Allahabad Bank
B) Presidency Banks
C) Punjab National Bank>
D) Canara Bank

8. The size of ATM cards is ___________ and rounded corners with a radius of 2.88–3.48 mm
A) 80.60 × 53.98 mm
B) 82.60 × 53.98 mm
C) 85.60 × 53.98 mm
D) 83.60 × 53.98 mm

9. Who was the governor of Reserve Bank of India at the time of it's Nationalization?
A) C. D. Deshmukh
B) Osborne Smith
C) Benegal Rama Rau
D) James Braid Taylor

10. A __________ is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members.
A) Credit Union
B) Advising Bank
C) Commercial Bank
D) Custodian Bank



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