Quiz 249: Banking Awareness for Bank Examinations

1. In which year SIDBI was established?
[A] 1975
[B] 1990
[C] 1998
[D] 1999

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2. Which among the following is the first Development Financial Institution in the country to cater to the long-term finance needs of the industrial sector?
[A] IFCI
[B] IDBI
[C] ICICI
[D] SIDBI

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3. Which among the following is the main function of Agricultural Finance Corporation Limited ?
[A] consultancy services in the field of agriculture
[B] social service organization
[C] Agricultural commodities exchange
[D] Agricultural cooperative society

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4. National Rural Credit Stabilization Fund is a Institution of purpose-specific funds in which of the following?
[A] IDBI
[B] SIDBI
[C] IFCI
[D] NABARD

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5. To meet the need of which of the following the concept of Land Development Bank has been developed?
[A] Industries
[B] Real estate
[C] Farmers
[D] Export Oriented Units and SEZ

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6. Which among the following statement is incorrect regarding Land Development Banks?
[A] They are cooperative institutions
[B] They meet the needs of the farmers for development purposes
[C] They have three tier structures
[D] They grant loans on mortgage security

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7. Which among the following statement is incorrect regarding the Regional Rural Banks?
[A] They have been established as per the provisions of Regional Rural Banks Act 1976
[B] Every Regional Rural Bank is sponsored by commercial banks
[C] The Regional Rural Banks may open branches in notified area
[D] All are correct

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8. Which among the following is correct statement?
[A] Cooperative Banks are fully controlled by RBI
[B] Cooperative Banks are partially controlled by RBI
[C] Cooperative Banks are Not controlled by RBI
[D] Cooperative Banks are fully controlled by Banking Regulation Act 194

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9. Which among the following is an essential feature of a commercial bank?
[A] providing Locker facilities
[B] dealing with credit
[C] providing business information and data
[D] Sale of securities

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10. Which among the following Banks in India was the first to take a major step of reorganizing based upon market segmentation?
[A] ICICI Bank
[B] State Bank of India
[C] Punjab National Bank
[D] Bank of Baroda

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Comments

  • YOGESH
    Reply

    nice one ….

  • Yash
    Reply

    thank you sir

  • rahul
    Reply

    thank u

  • Sudhars
    Reply

    this is great. keep up the good work.

  • piyushkumar.7272
    Reply

    very nice sir, i got more knowledge about banking system