Banking Quiz for SBI| IBPS – 131

1. Full form of NBFC
a) Non -Banking Finance Companies
b) Non -Banking Financial Corporation
c) National Banking Financial Corporation
d) None of these

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Answer a) Non -Banking Finance Companies

2. LIC was established in which year:
a) 1956
b) 1965
c) 1977
d) None of these

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Answer a) 1956

3. National Bank for Agricultural and Rural Development was established in:
a) 1982 under act of parliament
b) 1985 under act of parliament
c) 1988 under act of parliament
d) None of these

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Answer a) 1982 under act of parliament

4. LIC established on :
a) 01/ 09/ 1956
b) 01/ 10/ 1965
c) 01/ 09/ 1965
d) None of these

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Answer a) 01/ 09/ 1956

5. What was the establishment year of UTI in India:
a) 1963, By Act of Parliament
b) 1965, By Act of Parliament
c) 1969, By Act of Parliament
d) None of these

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Answer a) 1963, By Act of Parliament

6. General Insurance Corporation of India was formed and registered on:
a) January 1973
b) January 1974
c) February 1975
d) None of these

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Answer b) January 1974

7. General Insurance Corporation of India was registered under:
a) Insurance Act, 1938
b) Companies Act, 1956
c) SEBI Act, 1885
d) None of these

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Answer a) Insurance Act, 1938

8. EXIM means:
a) Export and Import Bank of India
b) Exchange in Monetary Transaction
c) Export in Monetary Transaction
d) None of these

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Answer a) Export and Import Bank of India

9. The Export and Import Bank of India Act Passed on:
a) 1981
b) 1984
c) 1986
d) None of these

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Answer a) 1981

10. EXIM bank offers credit and lines of credit(LOC) to:
a) Foreign Government and Banks
b) Domestic Government and Banks
c) Only Private Sector Banks
d) None of these

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Answer a) Foreign Government and Banks