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Banking Quiz for Bank exams and SBI Clerk.

Dear Readers,

As all of you know that Bank recruited in thousands last year and they will repeat the same this  year. And Banking Exams always asks banking terminologies and banking history.So we are starting banking awareness quiz so that BA’ians can brace up before exam.
Banking Quiz for Bank exams and SBI Clerk. |_2.1


1.Which was the first committee recommended for establishment of Special Recovery Tribunals for Books and Financial Institution: 

A.Tiwari Committee 
B.Ojha Committee 
C.Narasimham Committee 
D.Rangarajan Committee 

2.In which year the Tiwari Committee recommanded for establishment of Special Tribunals for Banks dues recovery: 
A.1981 
B.1987 
C.1991 
D.1995 

3.Which of the following committees also recommended the set up of Debt Recovery Tribunals: 
A.Committee on Financial Sector Reforms 
B.Committee on Customer Service 
C.Committee on RRBs 
D.None of the above 

4.In which year the Recovery of Debts Due to Banks and Financial Institutions Act, was enacted: 
A.1991 
B.1993 
C.1994 
D.1995 

5.The material difference between debentures and bonds is: 
A.Debentures are governed by relevant provisions of company law 
B.Debentures are transferrable on registration 
C.Bonds are negotiable instrument governed by law of Contract 
D.All of the above 

6.The Bond can be: 
A.Zero Coupon Bond 
B.Deep Discount Bond
C.Floating Rate Bond 
D.Any of these 

7.Service Tax was introduced in India for the first time in the year: 
A.1990-91 
B.1991-92 
C.1994-95
D.1996-97 

8.As per the guidelines issued by the SEBI the Permanent Account Number (PAN) is a must for which of the following: 
A.Demat Accounts 
B.All Savings Bank Accounts 
C.All Housing Loan Accounts 
D.All Current Accounts 

9.The first Indian RRB that is sponsored by the Union Bank that has achieved core banking solution is: 
A.KheladiGrameen Bank 
B.Riddhi Siddhi Grameen Bank 
C.Rewa Siddhi Grameen Bank 
D.The Rewa-Dahej Bank 

10.The biomonthly survey that the Federal Reserve undertakes to make its monetary policy is commonly called: 
A.The Biege Book 
B.The Yellow Book 
C.The White Book 
D.The Binge Book

Answers will be updated soon…..

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