Banking Pathway 2015 : Banking Awareness Quiz

1. If someone has a small business dealing in paper goods, what are the minimum and maximum help one can get from MUDRA?
1) smaller loans upto  100,000/ under the 'Shishu' category and beyond  100,000 and upto  10 lakh under the 'Kishor' category
2) smaller loans upto  200,000/ under the 'Shishu' category and beyond  200,000 and upto  10 lakh under the 'Kishor' category
3) smaller loans upto  100,000/ under the 'Shishu' category and beyond  100,000 and upto  5 lakh under the 'Kishor' category
4) Smaller loans upto  50,000/ under the 'Shishu' category and beyond  50,000 and upto  5 lakh under the 'Kishor' category
5) None of these.

2. Which bank launches first homegrown economic index?
1) ICICI
2) BOB
3) SBI
4) PNB
5) None of these.

3. What is the maximum deposit amount insured by the DICGC (Deposit Insurance and Credit Guarantee Corporation)?
1) Rupees One Lakh
2) Rupees Two Lakh
3) Rupees Three Lakh
4) Rupees Five Lakh
5) None of these.

4. What does the DICGC insure?
1) Any amount due on account of any deposit received outside India.
2) Deposits of Central/State Governments;
3) Deposits of foreign Governments;
4) All of these.
5) None of these.

5. Which is/ are the different categories under priority sector?
1) Social Infrastructure
2) Renewable Energy
3) Micro, Small and Medium Enterprises
4) All of these.
5) None of these.

6. Which Bank launches voice password facility for users?
1) Axis
2) ICICI
3) HDFC
4) Kotak Mahindra Bank
5) None of these

7. Arvind Panagariya the Vice- Chairman of NITI Aayog, what is/ are the correct facts about him?
1) He was former Chief Economist with the Asian Development Bank.
2) He was an economics professor at Columbia University.
3) He also worked for World Bank.
4) All of these.
5) None of these.

8. Which of the following became the first private bank in India to receive an in-principle approval from RBI?
1) Yes Bank
2) ICICI Bank
3) HDFC Bank
4) IndusInd Bank
5) None of these.

9. Which of the following is not a contributing factor to micro-credits?
1) KYC norms
2) Collaterals
3) Pre-payment charges
4) EMI
5) None of the above.

10. What does Deficit financing mean?
1) Government of India borrows from World Bank
2) Government of India borrows from IMF 
3) Government of India borrows from SBI
4) Government of India borrows from RBI
5) None of these.

Answers..

1. (4)
2. (3)
3. (1)
4. (5)
5. (4)
6. (2)
7. (4)
8. (3)
9. (2)
10. (4)