Banking Quiz 16

Bankers Adda is also known Banking Quiz Adda.
Today Bankers Adda came back with a New Quiz on Banking.
Go through the quiz and if you have any doubts please contact bankers adda in the comment section.

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1. When was Minimum Reserve System of currency started by RBI?

(a) 1935
(b) 1949
(c) 1954
(d) 1992
(e) None of these

2. The population data of which year is used for sharing Central tax revenues with States?


3. The largest coal producing state in India in 2010-11 was __:

[A]Andhra Pradesh
[D]Madhya Pradesh

4. Saumitra Chaudhuri committee has been appointed to recommend revisions to :

[A]Wholesale Price Index
[B]Consumer Price Index
[C]Index of Industrial Production
[D]Housing Develoment Index

5. Which stock exchange launched first carbon-based thematic index “Carbonex” ?

[A]MCX Stock Exchange (MCX-SX)
[B]National Stock Exchange (NSE)
[C]Bombay Stock Exchange (BSE)
[D]United Stock Exchange of India

6.  Which of the following is an over-the-counter market?

(a) Options market
(b) Spot market
(c) Forward market
(d) Swap market
(e) All of the above

7. First state in India to pass a Food Security Act is ___:

[A]Andhra Pradesh

8. Which of the following can be an example of swap agreement?

(a) Commodity
(b) Currency
(c) Interest rate
(d) Credit default
(e) All of the above

9.   Which of the following is not a direct tax?

(a) Sales tax
(b) Corporation tax
(c) Wealth tax
(d) Estate duty
(e) None of these

10.    ______ schedules of Indian constitution comprises ‘Banking’.

(a) 8th
(b) 8th
(c) 6th
(d) 7th
(e) None of these

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