Banking Quiz for IBPS | SBI – 301

1.Insurance companies in India are regulated by –
a) RBI
b) SEBI
c) IRDA
d) None of these

2.The primary function of a central co-operative bank is to-
a)to channelize the flow of funds from the State co-
operative banks
b) mobilize the resources in the district for financing its
members to the maximum extent possible
c) Both of these
d) None of these

3.Union Budget which is presented every year in the parliament is also known as-
a) Annual Budget
b) Common Budget
c) General Budget
d) None of these

4.When the conversion rate of our currency goes high in compared to other currency , it is known as-
a) Rupee Devaluation
b) Rupee Demodulation
c) Rupee Depreciation
d) None of these

5.Which of the following banks is not nationalized in 1969___________
a) Central Bank of India
b) Dena Bank
c) Canara Bank
d) Oriental Bank of Commerce

6.In which city the Bank of International Settlements (BIS) located?
a) New York
b) Basel
c) Washington
d) None of these

7.When it comes to money market instruments,which among the following is not true?
a) Treasury bills
b) Certificate of deposits
c) Corporate securities
d) None of these

8. The difference between the total cost of a project and the sanctioned loan amount is termed as___________
a) Near Money
b) Gross Income
c) Margin Amount
d) None of these

9.The capital markets regulatory authority has
supervision over:-
a) Foreign institutional investors
b) Equity and debt raisers
c) Mutual funds
d) All the above

10.Goods and Service Tax, would replace which of the following taxes levied at present?
a) Capital gains tax
b) Corporate tax
c) Value added tax
d) None of these