• Banking Quiz – 40

    391 System where banks deposit the checks of the companies that are received through mail for payments?
      A) Lockbox system
      B) Locker System
      C) Safe deposit system
      D) Deposit System
       
    392 IRDA was set up based on the recommendation of which Committee?
      A) Malhotra Committee
      B) Narasimham Committee
      C) Talapore Committee
      D) Ranjarajan Committee
       
    393 When RRBs are set up in India in 1975, 5 scheduled banks had shared 35% of the capital for the same. Which of the scheduled bank was not part of them?
      A) Syndicate Bank
      B) Punjab National Bank
      C) United Bank of India
      D) Central Bank of India
       
    394 The Bank of Bombay was established in which year?
      A) 1840
      B) 1846
      C) 1843
      D) 1849
       
    395 In Banking, SWIFT stands for?
      A) Society for World Inter bank Financial Telecommunication
      B) Society for World Inter bank Financial Trading
      C) Society for World Inter bank Foreign Telecommunication
      D) Society for World Inter bank Foreign Trading
       
    396 The Bank of Calcutta was renamed as Bank of Bengal in which year?
      A) 1840
      B) 1806
      C) 1843
      D) 1809
       
    397 System where banks deposit the checks of the companies that are received through mail for payments?
      A) Key system
      B) Deposit system
      C) Lockbox system
      D) Safe deposit system
       
    398 Insurance Regulatory and Development Authority (IRDA) is an autonomous apex statutory body which regulates and develops the insurance industry in India. It was set up in which year?
      A) 1999
      B) 1991
      C) 1995
      D) 1993
       
    399 LIBOR stands for?
      A) London Interbank Offered Rate
      B) London Interbank Open Rate
      C) London Investment Offered Rate
      D) Leading Interbank Offered Rate
       
    400 Where is the headquarter of the Insurance Regulatory and Development Authority (IRDA)?
      A) Chennai
      B) Mumbai
      C) New Delhi
      D) Hyderabad

     

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