Banking Quiz

1. As we know, a lot of new concepts are being used in the field of banking these days, which of the following is NOT one such concept / product directly associated with banks ?
a) RTGs
b) SMS Alert
c) Demat Account
d) ATM / Debit Card
e) Number Portability

2. Reserve Bank Staff College is located at __________ (to train the needs of RBI officers).
a) Bengaluru
b) New Delhi
c) Chennai
d) Hyderabad
e) Nagpur

3. The College of Agricultural Banking at ………………… trains staff of Co­operative and commercial banks, including regional rural banks.
a) Mumbai
b) Kolkata
c) Kanpur
d) Chennai
e) Pune

4. Indira Gandhi Institute of Development Research (IGIDR) at…………..also funding by RBI.
a) Hyderabad
b) Bhopal
c) Nashik
d) Mumbai
e) Kanyakumari

5. Institute for Development and Research in Banking Technology (IDRBT) is located at ………………..
a) Gurgaon
b) Jalandhar
c) Chennai
d) Hyderabad
e) Pune

6. Which among the following is the first universal bank of India ?
a) HDFC
b) Axis Bank
c) ICICI
d) Federal Bank
e) None of these

7. Branch Banking Means ?
a) Bank runs branches accepting deposits only
b) Bank operates through branches to make deposits and forward loans
c) Banks do not having branches
d) 1 and 3
e) None of these

8. The ultimate controller of Bank Deposits is ?
a) SBI
b) Finance Secretary
c) Ministry of Finance
d) Controller of Deposits
e) RBI

9. The Non­-Regulated deposit is ?
a) Current Account
b) Fixed Deposit
c) Savings Account
d) Recurring Account
e) All of above

10. Important two streams of bank deposits in India ?
a) Functional deposit and Demand deposit
b) Irregulated deposit and Demand deposit
c) Term deposit and Demand deposit
d) Regulated deposit and Non-­regulated deposit
e) None