Dear readers,
We are presenting you a quiz on Financial Awareness, which help you in your upcoming NICL & BOB Manipal PO exam. Please try to give answer in the comment section, soon we will publish the correct answer.
1. Which among the following bank launched India’s
first green infrastructure bond issue of Rs 500 cr?
(1) Bank of Baroda
(2) ICICI Bank
(3) HDFC Bank
(4) Yes Bank
(5) SBI
2. What is the maximum transaction limit in a
day through Interbank Mobile Payment Service (IMPS)?
(1) Rs. 1 lakh
(2) Rs.
50,000
(3) Rs. 10,000
(4) Rs. 5000
(5) No limit
3. The MUDRA Bank will set up with the capital of
____ and would be responsible of regulating refinancing all Micro – finance Institutions
(MFI).
(1) Rs. 10,000 crore
(2) Rs. 100 crore
(3) Rs. 200 crore
(4) Rs.
20,000 crore
(5) Rs. 500 crore
4. Who among the following is the Chairman
of the14th Finance Commission?
(1) D Subba Rao
(2) Urjit Patel
(3)
Dr. Y.V. Reddy
(4) Sushma Nath
(5) Abhijit Sen
5. In Banking Saving Deposit Account (BSBDA),
the maximum balance in the account should not exceed _____ at any time.
(1) Rs. 1 lakh
(2) Rs.
50,000
(3) Rs. 10,000
(4) Rs. 5000
(5) Rs. 1000
6. After how many days, an asset or loan is
considered to be a non-performing asset?
(1) 180 days
(2) 90 days
(3) 30 days
(4) 120 days
(5) None of these
7. MICR stands for Magnetic Ink Character
Recognition. The MICR Code is a 9 numeric digit code which uniquely identifies
a bank branch participating in the ECS Credit scheme. The first 3 digits
represent the ______.
(1) Bank name
(2) City name
(3) Branch name
(4) State name
(5) Customer name
8. The tenure of the transaction in Notice money
market is ____.
(1) 1 days to 15 days
(2) 15 days to one year
(3) 2 days
to 14 days
(4) Only one working day
(5)
None of these
9. As per the provisions of section 138 of
Negotiable Instruments Act. 1881, payee of a cheque may initiate criminal
action, if the cheque is returned for the reason
(1) Refer to drawer
(2) payment stopped by the drawer
(3) Post-dated
(4)
Insufficient funds
(5)
None of these
10. Which of the following instruments cannot be
transferred from one person to another by Endorsement?
(1) Fixed
Deposit Receipt
(2) Cheque
(3) Bill of Exchange
(4) Promissory Note
(5) None of these
Answers:
Qs 1
(4) Qs 2 (2) Qs 3 (4)
Qs 4 (3) Qs 5 (2)
Qs 6
(2) Qs 7 (2) Qs 8 (3)
Qs 9 (4) Qs 10 (1)