• Banking Quiz – 39

    381 FDI in India is completely banned for which of the below sectors?
      A) Banking
      B) Insurance
      C) Chit Fund
      D) Natural Gas
    382 First Indian bank to be given an ISO Certification?
      A) Punjab National Bank
      B) SBI
      C) Canara Bank
      D) Andhra Bank
    383 Thrift Institutions include?
      A) Credit Unions
      B) Investment Banks
      C) Savings Banks
      D) None of These
    384 A currency which derives its value from government regulation or law is known as?
      A) Hard currency
      B) Soft Currency
      C) Fiat Currency
      D) Saber Currency
    385 In the history of Indian Banking, which period is refered as the “Swadesi Period” when many Indian banks were establsihed which are still functional today?
      A) 1863-1869
      B) 1901-1908
      C) 1911-1935
      D) 1906-1911
    386 Which is the first bank in Northern India to get ISO 9002 certification for their selected branches?
      A) Jammu and Kashmir Bank
      B) Punjab National Bank
      C) Dena Bank
      D) Punjab and Sind Bank
    387 Centurion Bank was later merged with which bank in 2008?
      A) HDFC Bank
      B) ICICI Bank
      C) AXIS Bank
      D) Punjab National Bank
    388 Lenders have the freedom to revise the interest rate when the market rate changes. This type of Mortgage loan is known as?
      A) Fixed rate Mortgage
      B) Amortized rate loan
      C) Partial Interest bearing loan
      D) Adjustable rate Mortgage
    389 In US, which act allowed  establishment of the Federal Deposit Insurance Corporation (FDIC) and imposed banking reforms?
      A) Fair and Accurate Credit Transactions Act
      B) Sarbanes–Oxley Act
      C) Gramm–Leach–Bliley Act
      D) Glass–Steagall Act
    390 Bank of Rajasthan was later merged with which bank in 2010?
      A) HDFC Bank
      B) ICICI Bank
      C) AXIS Bank
      D) Punjab National Bank


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