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. Which of the following is NOT required for opening
a bank account?

(a) Identity Proof        (b)
Address Proof            (c) Recent
Photographs    

(d) Domicile
Certificate     (e) None of these

2. The Golden Jubilee of the Afro-Asian Rural Development
Organisation was organized in which of the following places in March 2012?

(a) Dhaka             (b) Tokyo          (c) Cairo           (d) Kuala Lumpur   

(e) New Delhi

3. What is the maximum deposit amount insured by
DICGC?

(a) Rs 2,00,000 per depositor per bank        (b) Rs 2,00,000 per depositor across all
banks      (c) Rs 1,00,000 per depositor per
bank     (d) Rs 1,00,000 per depositor
across all banks               (e) None of these

4. With reference to a cheque, which of the following
is the ‘drawee bank’? 

(a) The bank that collects the cheque     (b) The payee’s bank       (c) The endorsee’s bank           (d) The endorser’s bank      (e) The
bank upon which the cheque is drawn

5. Which of the following is NOT a function of the Reserve
Bank of India?

(a) Fiscal Policy Functions           
(b) Exchange Control Functions     
(c) Issuance, Exchange and Destruction of currency notes    (d) Monetary Authority Functions  (e) Supervisory and Control Functions.

6. Which of the following banks is headed by a woman
CEO?

(a) Bank of Baroda         (b)
HDFC Bank      (c) Central Bank of
India     (d) Punjab National Bank        (e) ICICI Bank

7. The committee for review of National Small Savings
Fund (NSSF) was headed by

(a) Dr C Rangarajan         (b)
UK Sinha         (c) Dr W Reddy       (d) Shyamala Gopinath        (e) Dr Usha Thorat

8. As per revised RBI guidelines, provision on secured
portion of loan accounts classified as Doubtful Assets for more than one year
and up to three years is to be made at the rate of?

(a) 15%      (b) 20%      (c) 40%     (d) 25%    
(e) 30%

9. Base Rate is the rate below which no Bank can allow
their lending to anyone. Who sets the ‘Base rate’ for banks?

(a) Individual Banks Board    (b)
Ministry of Commerce     (c) Ministry of
Finance    (d) RBI       (e) Interest Rate Commission of India

10. The bad advances of a Bank are called

(a) Bad debt         (b)
Book debt       (c) Non-Performing Asset       (d)
Out-of-order accounts       (e) Overdrawn accounts

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Answers

1(d)   2(e)     3(c)   
4(e)    5(a)     6(e)   
7(d)     8(c)      9(a)    
10(c)