Banking Quiz 6

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.Expand HDFC Bank

(a) Housing Development Finance Co-operative Bank
(b) Housing Development Finance Corporation Bank
(c) Housing Development Finance Capitalization Bank
(d) Housing Development Financial Corporation Bank
(e) None of these

2.The co-operative bank is governed by the banking regulation Act 1949 and co-operative societies Act of

(a) 1962
(b) 1963
(c) 1960
(d) 1969
(e) 1965

3.FD in a commercial bank can be done for a maximum period of

(a) 15 yrs
(b) 25 yrs
(c) 10 yrs
(d) No limit
(e) None of these

4.____ is the process of accumulation of interest or money.

(a) Accretion
(b) Amortization
(c) Accrual
(d) Arbitrage
(e) None of these

5.At present India is world’s biggest exporter of which among the following commodities?
1. Tea
2. Coffee
3. Sugar
4. Guar gum
Choose the correct option from the codes given below:
[A]Only 1
[B]Only 1 & 3
[C]Only 3 & 4
[D]Only 4

6.Recently, we read in the newspapers that TCS overtook state-owned ONGC to become the India’s most-valued company on the basis of market capitalization. Which among the following statements is / are correct with reference to the market capitalization?
1. Market capitalization is the product of total number of shares and stock price
2. Market capitalization changes daily
Choose the correct option from the codes given below:
[A]Only 1
[B]Only 2
[C]Both 1 & 2
[D]Neither 1 nor 2

7.The government has recently launched the Modified Special Incentive Package Scheme (M-SIPS) for __:

[A]Electronic System Design and Manufacturing
[B]Micro, Small and Medium Enterprises
[C]Hotel and Tourism Sector Investments
[D]Textile Industry

8.In April 2013, a Bill has been introduced in the Lok Sabha to raise the authorised capital of the Regional Rural Banks to Rs 500 crore. What is the current authorised bill of RRBs?

[A]Rs. 5 Crore
[B]Rs. 10 Crore
[C]Rs. 50 Crore
[D]Rs. 100 Crore

9.How many drugs have been listed in the National List of Essential Medicines (NLEM)?


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