Banking Quiz 23

Bankers Adda is also known as 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. Where is Tahrir Square situated, which has become very famous post for spontaneous rebellion?

(a) Bulgaria
(b) Egypt
(c) Indonesia
(d) Afghanistan
(e) None of these

2. Indian economy is a

(a)    free economy
(b)   socialist economy
(c)    mixed economy
(d)   conservative economy
(e)   Gandhian economy

3. Expand UCB.

(a) Urban Coordinating Bank
(b) Urban Co-operative Bank
(c) Utility Co-operative Bank
(d) Utility Co-operation Bank
(e) None of these

4. ________ describes money or currency which everybody is anxious to drop for fear of a fall in its exchange rate.

(a) Cold money
(b) Hot money
(c) Transit money
(d) Reserve money
(e) None of these

5. If a cheque is torn into pieces, it is called a  _______ cheque.

(a) Crossed
(b) Worthless
(c) Mutilated
(d) Stale
(e) None of these

6. Expand CTT. It is like Security Transaction Tax (STT) used in Capital Market.

(a) Composite Transaction Tax
(b) Commodity Transaction Tax
(c) Commodity Transfer Tax
(d) Composite Transfer Tax
(e) None of these

7. Postal order is a ________ instrument.

(a) Negotiable
(b) Non-negotiable
(c) Quasi Negotiable
(d) Either (a) or (c)
(e) None of these

8. Co-operative banks are registered under _______.

(a) Companies Act, 2013
(b) Banking Regulation Act, 1949
(c) Companies Act, 1956
(d) Co-operative Societies Act, 1963
(e) None of these

9. In our country, which of the following affects the poverty line the most?

(a) Per capita income
(b) Quantum of gold reserves
(c) Production quantum
(d) Level of prices
(e) Per capita expenditure

10. Which agency controls National Agricultural Credit Fund, meant for medium term loans to State Co-operative banks?

(a) RBI
(b) Finance Ministry
(e) None of these

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