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.
Aptitude Quiz Computer Quiz Daily Quiz
English Quiz GK Quiz Reasoning Quiz
English Learning Tips Invention Quiz Shortcuts
Interview Tips Abbreviations Dates to Remember
1.Which of the following best defines a floating-rate bond?
[A]A bond with a fixed interest rate and has better yield than varying interest rate bond
[B]A bond with a fixed interest rate and has lower yield than varying interest rate bond
[C]A bond with a varying interest rate and has better yield than fixed interest rate bond
[D]A bond with a varying interest rate and has lower yield than fixed interest rate bond
2.Which of the following is related to microfinance?
(a) Bimal Jalan committee
(b) S Sen committee
(c) Narsimhan Committee
(d) Malegam committee
(e) All of above
3.Which one of the following was the purpose of appointment of Rangachary committee?
[A]Taxation of software Development Centres & IT Sector
[B]Taxation of Biotechnology and Pharmacy sector
[C]Taxation of MSME sector
[D]None of the above
4. RRBs are refinanced at
(a) 1% below bank rate
(b) 2% below bank rate
(c) 3% below bank rate
(d) 4% below bank rate
(e) None of these
5.RRBs are managed by
(a) Board of directors
(b) Sponsor bank
(c) RBI
(d) Central government
(e) (b) & (d) both
6.A recent news in a business newspapers read: “Indirect tax collections grew by 6.2% in the April-December period of this fiscal“. Which among the following is / are indirect taxes?
1. Excise
2. Custom
3. Service Tax
4. Property Tax
Choose the correct option from the codes given below:
[A]Only 1 & 2
[B]Only 1, 2 & 3
[C]Only 3 & 4
[D]1, 2, 3 & 4
7.RRBs are owned by
(a) State governments
(b) Central government
(c) Sponsor bank
(d) All of the above
(e) None of these
8.A Non-Performing Asset of a non-agricultural loan book shall be a loan or advance where___:
[A]Interest and/or instalment of principal remain overdue for 90 days in respect of term loan
[B]The debtor is declared insolvent
[C]Payment of interest/instalment of principal has been irregular
[D]All of the above
9.Though ULIPs (Unit Linked Insurance Plan) are considered to be a better investment vehicle it has failed to capture the imagination of the retail investors in India because of which of the following reasons?
[A]Regulatory jurisdictional fight between SEBI and IRDA
[B]They don’t offer better tax benefits
[C]They offer lesser returns compared to traditional insurance policies
[D]All of the above
10.Who is the sole authority for issue of currency in India?
(a) GOI
(b) RBI
(c) (a) & (b) together
(d) RBI & SBI
(e) None of these
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.
Aptitude Quiz Computer Quiz Daily Quiz
English Quiz GK Quiz Reasoning Quiz
English Learning Tips Invention Quiz Shortcuts
Interview Tips Abbreviations Dates to Remember
1.Which of the following best defines a floating-rate bond?
[A]A bond with a fixed interest rate and has better yield than varying interest rate bond
[B]A bond with a fixed interest rate and has lower yield than varying interest rate bond
[C]A bond with a varying interest rate and has better yield than fixed interest rate bond
[D]A bond with a varying interest rate and has lower yield than fixed interest rate bond
2.Which of the following is related to microfinance?
(a) Bimal Jalan committee
(b) S Sen committee
(c) Narsimhan Committee
(d) Malegam committee
(e) All of above
3.Which one of the following was the purpose of appointment of Rangachary committee?
[A]Taxation of software Development Centres & IT Sector
[B]Taxation of Biotechnology and Pharmacy sector
[C]Taxation of MSME sector
[D]None of the above
4. RRBs are refinanced at
(a) 1% below bank rate
(b) 2% below bank rate
(c) 3% below bank rate
(d) 4% below bank rate
(e) None of these
5.RRBs are managed by
(a) Board of directors
(b) Sponsor bank
(c) RBI
(d) Central government
(e) (b) & (d) both
6.A recent news in a business newspapers read: “Indirect tax collections grew by 6.2% in the April-December period of this fiscal“. Which among the following is / are indirect taxes?
1. Excise
2. Custom
3. Service Tax
4. Property Tax
Choose the correct option from the codes given below:
[A]Only 1 & 2
[B]Only 1, 2 & 3
[C]Only 3 & 4
[D]1, 2, 3 & 4
7.RRBs are owned by
(a) State governments
(b) Central government
(c) Sponsor bank
(d) All of the above
(e) None of these
8.A Non-Performing Asset of a non-agricultural loan book shall be a loan or advance where___:
[A]Interest and/or instalment of principal remain overdue for 90 days in respect of term loan
[B]The debtor is declared insolvent
[C]Payment of interest/instalment of principal has been irregular
[D]All of the above
9.Though ULIPs (Unit Linked Insurance Plan) are considered to be a better investment vehicle it has failed to capture the imagination of the retail investors in India because of which of the following reasons?
[A]Regulatory jurisdictional fight between SEBI and IRDA
[B]They don’t offer better tax benefits
[C]They offer lesser returns compared to traditional insurance policies
[D]All of the above
10.Who is the sole authority for issue of currency in India?
(a) GOI
(b) RBI
(c) (a) & (b) together
(d) RBI & SBI
(e) None of these
