Dear readers,

This quiz consists of actual questions from various
Banking entrance exams held during the last few years. Leave your answers/
responses in the comments section below and soon we’ll let you know the correct
answers!

1. In relation to banking, what do you understand by
“Ever-greening of loan account”

(1) Full repayment of a loan account before maturity pre-payment

(2) Full repayment of a loan account exactly at maturity

(3) Fresh loan sanctioned during the tenure of account for enhancement
of limits

(4) Adjusting the NPA/sticky account with fresh sanction of loans

(5) Loans provided for new projects to new customers

2. Which of the following is the name of an autonomous
organisation for rural technology?

(1) CAPART                 (2) MGNREGA              (3) PURA                    (4) IRDP                (5) NGAPS

3. Which of the following is not a negotiable
instrument?

(1) Cheque             (2) Fixed
Deposit Receipt           (3) Promissory
Note        (4) Bill of Exchange        (5) All (1) to (4) above are negotiable
instruments

4. Which of the following was the venue for the World
Athletic Championship 2013?

(1) New Delhi              (2)
Tokyo              (3) London             (4) Paris          (5) Moscow

5. Who among the following represented India in the
17th SAARC Summit held at Addu in

Maldives in November 2011?

(1) Smt Sonia Gandhi             (2)
Dr Manmohan Singh               (3) Shri
Pranab Mukherjee                 (4) Shri P Chidambaram         (5)
Shri Rahul Gandhi

6. Which of the following Stock Exchanges in lndia launched
“Carbon index’” so that investors can assess risk and opportunities
associated with climate change?

(1) Delhi Stock Exchange               
(2) National Stock Exchange           
(3) Bombay Stock Exchange          (4) Kolkata Stock Exchange           
(5) Ahmedabad Stock Exchange

7.  When a
customer opens a deposit account with the bank, which of the following is the

status of the bank?

(1) Debtor               (2) Creditor             (3) Trustee                (4) Beneficiary           (5) None of these

8. Which of the following states decided to give Khatedhari
Rights to about 30,000 farmers

occupying the custodian lands?

(1) Gujarat        (2) Rajasthan          (3) Madhya Pradesh         (4) Uttar Pradesh           (5) Uttarakhand

9. Which of the following functions are not being
performed by the Reserve Bank of India?

(1) Regulation of banks in India

(2) Regulation of foreign direct investment in India

(3) Foreign currency management in India

(4) Control & supervision of money supply

(5) Currency management in India

10. A bank is called as ‘Scheduled Bank’ when

(1) its business has crossed Rs. 1000-crore mark.

(2) its branch network is over 100.

(3) It is included in the second schedule of the RBI Act.

(4) when it complies with all the three conditions above.

(5) None of these

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Answers

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