Professional Documents
Culture Documents
QUIZ
COMPETITION
ROUND – 1
FULL FORMS
1. NEFT
A. National Electronic Funds Transfer
B. International Depository
Receipt
Rates
1. Current Repo Rate
A. 6%
B. 6.5%
C. 6.75%
D. 7.25%
2. Current CRR (Cash
Reserve ratio )
A. 5%
B. 4%
C. 3.5%
D. 4.5%
3.Current SLR (Statutory
Liquidity Ratio)
A. 21.5%
B. 22.5%
C. 20%
D. 23%
4. SBI Current home loan
interest rate
A. 8.3%
B. 7%
C. 9%
D. 7.5%
5. Current Bank Rate
A. 6.25%
B. 6.75%
C. 8%
D. 7.25%
6. Current Reverse Repo rate
A. 5%
B. 5.5%
C. 5.75%
D. 6%
7.What is the minimum
denomination of Treasury
bills to issue in India
A.Rs. 20,000
B. Rs. 25,000
C. Rs. 30,000
D. Rs. 50,000
8.What is the minimum capital
requirement for New Banks in
the Private Sector
B. Rs. 2,00,000
C. Rs. 1,50,000
D. Rs. 2,50,000
10.What is the minimum amount
required to open a Fixed
Deposit (FD)?
A.Rs. 100
B. Rs. 500
C. Rs. 1000
D. Rs. 5000
Round – 3
Questions based on
History of Banking
sector
1. RBI established on
A. April 1, 1935
B. January 1, 1949
C. January 1, 1935
D. April 1, 1949
2. Which among the following bank
has launched the “Smart Vault”
first of its kind fully automated
digital locker facility in India?
A.SBI
B. ICICI
C. HDFC
D. AXIS Bank
3. India's first International
Financial Services Centre opened
at _____
A. Gujarat
B. West Bengal
C. Maharashtra
D. Rajasthan
4.Which of the following is the
first North East state to achieve
100 percent success in
implementing the Pradhan
Mantri Jan Dhan Yojana?
A.Nagaland
B. Tripura
C. Meghalaya
D. Assam
5. Which country launched
world first Facial recognition
ATM?
A. China
B. Japan
C. US
D. Canada
6. The first bank purely
managed by Indians was
A. SBI
B. BOB
C. PNB
D. BOI
7. Bank of Baroda was
established in
A.1908
B.1911
C.1906
D.1910
8.SIDBI was established in
A. 1988
B. 1989
C. 1990
D. 1991
9. The first Indian RBI
governor was
A. C.D.Deshmukh
B. Manmohan singh
C. Raghuram Rajan
D. I.G.Patel
10. The first Indian bank to open
overseas branch was…..
A.BOB
B.BOI
C.SBI
D.PNM
Round – 4
General Banking
Questions
1.Money lent for one day is
called
A. Call money
B. Notice money
C. Term Money
B. Individual Banks
C. Government of India
D. IRDA
Treasury bills or T-bills, which
are money market instruments,
issued by the Government of India
and are presently issued in three
tenors, namely, 91 day, 182 day
and 364 day.
3.The Reserve Bank of India advised
banks to make the Know Your
Customer (KYC) procedures
mandatory while opening and
operating the accounts. RBI has
issued the KYC guidelines under
Section 35 (A) of the ____.
A. 12
B. 11
C. 10
D. 9
IFSC is an 11- alphanumeric code with
the first four alphabetic characters
representing the bank name, and the
last six characters (usually numeric,
but can be alphabetic) representing
the branch. The fifth character is 0
(zero) and reserved for future use.
Bank IFS Code is used by the NEFT &
RTGS systems to route the messages
to the destination banks/branches.
5. Magnetic Ink Character
Recognition (MICR) is a 9 digits code
is used mainly by the banking
industry to ease the processing and
clearance of cheques and other
documents. The first three digits
represent the _____.
A. City
B. Bank
C. Branch
D. State
MICR code consists of 9 digits.
First 3 digits represent the city,
next 3 digits represent the bank
and the last 3 digits represent the
branch.
6.What is the time limit for an
asset or loan to be declared as
Non-Performing Asset?
A.30 days
B.60 days
C. 90 days
D. 120 days
A Non-performing asset (NPA) is
defined as a credit facility in respect of
which the interest and/or installment
of Bond finance principal has remained
‘past due’ for a specified period of time.
Once the borrower has failed to make
interest or principle payments for 90
days the loan is considered to be a non-
performing asset
7.Simply click a card launched
by SBI special for ____
A.Cash Transfer
B.Online Shopping
A. Govt. of India
B. Finance Ministry
D. Overseas Ministry
9.Commercial paper can be
issued for a maximum period of
A. 365 days
B. 180 days
C. 90 days
D. 120 days
10.Which among the following
banks had launched
'Dhanchayat', an educational
film to raise awareness on the
dangers of borrowing money
from unorganised sources?
A. Axis
B. ICICI
C. HDFC
D. SBI
HDFC Bank Ltd. launched
'Dhanchayat' an educational film to
raise awareness on the dangers of
borrowing money from unorganised
sources. This film has been
launched under the aegis of
Swachch Banking, the Bank's CSR
initiative for rural India.