• Banking Quiz – 30

    291 Indian Banks are not required to follow which act?
      A) FEMA 1999
      B) RBI Act 1934
      C) MGNREGA,2006
      D) Banking Regulation Act,1949
    292 Which in the list is the oldest joint stock bank in India started in 1865 and still functioning today also?
      A) Allahabad Bank
      B) State Bank of India
      C) Central Bank of India
      D) Union Bank of India
    293 Which of the following is the disadvantage of going for public issue?
      A) Liquidity to existing shares
      B) Requirement to disclose financial and business information
      C) Higher reputation to the company
      D) Easy access to fund
    294 The first international credit card was issued to a restricted number of customers by which bank in 1987 through the Visa program, after getting special permission from the Reserve Bank of India?
      A) Bank of Baroda
      B) ICICI Bank
      C) SBI
      D) Andhra Bank
    295 Which in the list provides guarantee to the exporters?
      A) Exim Bank
      B) Reserve Bank of India
      C) Export Credit Guarantee Corporation
      D) IFCI
    296 Which in the list is not shown as an asset in the balance sheet of a Bank?
      A) Cash Advances
      B) Borrowings
      C) Land Banks
      D) Investment in securities
    297 The RBI was established initially with capital net worth of?
      A) Rs 10 Crore
      B) Rs 25 Crore
      C) Rs 50 Crore
      D) Rs 5 Crore
    298 Who is the Chairman of the National Bank for Agriculture and Rural Development (NABARD) appointed in June 2011?
      A) Sushil Muhnot
      B) Atul Kumar Rai
      C) Prakash Bakshi
      D) None of These
    299 The RBI also acted as Burma’s central bank until which year?
      A) 1942
      B) 1947
      C) 1945
      D) 1939
    300 India’s first Security printing press was established in 1982 at?
      A) Chennai
      B) Nashik
      C) Kolkata
      D) Hyderabad


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