Banking Awareness MCQ-5

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1)The Deputy Governor in charge of banking regulation and supervision, is
nominated as the ________of the (BFS) board:
a) Head
b) Vice-Chairman
c) President
d) None of These

2)The main function of NABARD is to provide refinance for rural credit
disburse by the_______and other financial institutions as may be approved by the
Reserve Bank of India:
a) State Co-operative Banks
b) The Regional Rural Banks
c) State Co-operative Banks and The Regional Rural Banks
d) None of The Above

3)NHB has been established with an objective to:
a) Operate as a principal agency to promote housing finance institutions
b) promote housing finance institutions both at local and regional levels
c) provide financial and other support incidental to such institutions and for matters connected
therewith
d) All of The Above

4)Business Credit Cards are:
a) Specialized credit cards issued in the name of a registered business
b) can be used only for business purpose.
c) Both of The Above
d) None of The Above

5)Fiscal Policy deals with the ______and ______decisions of the government:
a) Incomes and Expenditures
b) Taxation and Expenditures
c) Trading and Expenditures
d) None of These

6)If budget constraint stands in present value terms, then fiscal policy may be
considered as____:
a) Stagnant
b) Sustainable
c) Escaped
d) None of These

7)Fiscal Policy is composed of several parts which includes:
a) Tax Policy and Expenditure Policy
b) Investment or Disinvestment Strategies
c) Debt or Surplus Management
d) All of the Above

8)White Label ATM means:
a) The ATM that does not have any bank logo.
b) The ATM carries logo of RBI
c) Both of Above
d) None of These

9)Banking Ombudsman is appointed by __________:
a) Central Finance Minister
b) Reserve Bank of India
c) SEBI
d) None of The Above

10)Slogan of Axis Bank is:
a) Badhti Ka Naam Zindagi
b) Good People to Bank with
c) Hum Hai Na
d) None of These

Answers:
1)b
2)c
3)d
4)c
5)b
6)b
7)d
8)a
9)b
10)a