Banking Questions for IndusInd Bank [TEST-4]

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Banking awareness questions

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Rupee coins are the legal tender in India under the provisions of-
A
Reserve Bank of India Act, 1934
B
Negotiable Instruments Act, 1881
C
Banking Regulation Act, 1949
D
Indian Coinage Act, 1906
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following best defines the meaning of Exchange rate?
A
It is a price at which Foreign money is exchanged at counters.
B
It is the price at which one country's currency is expressed in another country's currency.
C
It is the price at which Foreign materials are purchased or sold.
D
All of the above
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
GDP at factor cost is
A
GDP minus indirect taxes plus subsidies
B
GNP minus depreciation allowance
C
NNP plus depreciation allowance
D
GDP minus subsidies plus indirect taxes
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is India's first Credit Information Company?
A
CRISIL
B
CIBIL
C
SMERA
D
CERSAI
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The need for Venture Capital Financing was highlighted by which of the following committee in India?
A
Bhatt Committee
B
Gadgil Committee
C
Urjit Patel Committee
D
None of the Above
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following rates is decided by the market conditions and not by RBI?
A
Bank rate
B
SLR
C
CRR
D
Inflation rate
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What does FSDC stand for?
A
Financial Security and Development Council
B
Financial Stability and Development Council
C
Fiscal Security and Development Council
D
Fiscal Stability and Development Council
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Per capita income is obtained by dividing National Income by
A
total population of the country
B
total working population
C
area of the country
D
volume of the capital used
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Insurance Regulatory and Development Authority (IRDA) was set up as autonomous body under which act?
A
IRDA Act, 1996
B
IRDA Act, 1999
C
IRDA Act, 2000
D
IRDA Act, 2002
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who is Brand Endorsing Personality of Bank of Baroda?
A
Juhi Chawla
B
Kiran Bedi
C
Amitabh Bachchan
D
None of these
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