Banking Quiz for IBPS | RBI – 168

Banking Quiz

1. Who is the MD and CEO of Bank of India?
a) P S Jayakumar
b) Rakesh Sharma
c) M O Rego
d) Kishore Piraji Kharat

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Answer c) M O Rego.

2. Which of the following is NOT a source of funds of a commercial bank?
a) Call Money
b) Cash reserves with RBI
c) Deposits
d) Borrowings from RBI

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Answer b) Cash reserves with RBI.

3. Headquarters of Imternational Monetary Fund in _____________
a) Washington, D.C
b) Paris
c) Geneva
d) London

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Answer a) Washington, D.C.

4. Open Market Operation By RBI are the part of its _____________
a) Monetary policy
b) Income policy
c) Credit policy
d) Fiscal policy

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Answer c) Credit policy.

5. What is the Statutory Liquidity Ratio (SLR) on January 02 2017?
a) 20.75%
b) 21.75%
c) 20.50%
d) 21.50%

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Answer a) 20.75%.

6. The name of the currency in Dubai and the United Arab Emirates is ___________
a) US Dollar
b) Dinar
c) Euro
d) Dirham

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Answer d) Dirham.

7. The chairman of Regional Rural Bank is appointed by _____?
a) Finance Ministry
b) Sponsoring bank in consultation with NABARD
c) Resrve Bank of India
d) State Government

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Answer b) Sponsoring bank in consultation with NABARD.

8. A bank account in which a depositor can deposit his funds any number of times he likes and can also withdraw the same any number of times he wishes is called __________
a) Recurring account
b) Saving account
c) Dormant account
d) Current account

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Answer d) Current Account.

9. Expand MAT?
a) Minimum Alternate Tax
b) Maximum Alternate Tax
c) Minimum Administrative Tax
d) Minimum Administrative Tax

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Answer a) Minimum Alternate Tax.

10. A tradition of trust is the tagline of ____________________
a) Bank of Maharashtra
b) Syndicate Bank
c) Allahabad Bank
d) Andra Bank

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Answer c) Allahabad Bank.

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