Banking Awareness Quiz for NIACL AO MAINS : 5th March 2019

Banking Awareness Quiz for NIACL AO MAINS

Improve your Banking Awareness with Banking quiz. Banking Quiz to help you improve your score for exams like Bank, SSC, Railway and other Government exams.

Q1. IFCI was the first Development Financial Institution of India set up to propel economic growth through development of infrastructure and industry. IFCI established in-

(a) 1964

(b) 1956

(c) 1952

(d) 1950

(e) 1948

Q2. Where is the Corporate Office of Housing and Urban Development Corporation (HUDCO) Limited?

(a) Chennai

(b) Kolkata

(c) Pune

(d) New Delhi

(e) Mumbai

Q3. ITRS measures individual balance of payments cash transactions passing through the domestic banks and foreign bank accounts of enterprises, and noncash transactions and stock positions. ITRS stands for-

(a) International transactions reporting scheme

(b) International transactions reporting service

(c) International transactions reporting system

(d) International transactions reporting security

(e) International transactions reporting solutions

Q4. IFAD is an international financial institution and a specialised agency of the United Nations dedicated to eradicating poverty and hunger in rural areas of developing countries. What is the full form of IFAD?

(a) International Fund for Agricultural Department

(b) International Fund for Agricultural Development

(c) International Fund for Association Development

(d) International Financial for Agricultural Development

(e) International Financial for Agricultural Department

Q5. Where is the Headquarters of IFAD?

(a) Rome, Italy

(b) New York, USA

(c) Vienna, Austria

(d) Paris, France

(e) London, UK

Q6. Karur Vysya Bank was started in the year 1916. it is based in-

(a) Chennai

(b) Mengaluru

(c) Karur

(d) Aluva

(e) Thrissur

Q7. Dhanlaxmi Bank Ltd is an old private sector bank headquartered in-

(a) Karur

(b) Mengaluru

(c) Thiruvananthapuram

(d) Kochin

(e) Thrissur

Q8. ICICI Bank is an Indian multinational bank and financial services company. Where is the Head Office of ICICI Bank?

(a) Mumbai

(b) Kolkata

(c) Chennai

(d) Bengaluru

(e) New Delhi

Q9. Bandhan Bank Ltd. is an Indian banking and financial services company. Bandhan, which started as a micro-finance company in 2001, received banking licence by Reserve Bank of India in 2014. It is based in-

(a) Mumbai

(b) Bengaluru

(c) Chennai

(d) Kolkata

(e) New Delhi

Q10. The Catholic Syrian Bank Limited is an Indian private sector bank with its headquarters in-

(a) Karur

(b) Thrissur

(c) Kochin

(d) Thiruvananthapuram

(e) Mengaluru

Solutions

Ans.1.(e)

Exp. The Government of India established The Industrial Finance Corporation of India (IFCI) on July 1, 1948 by way of an IFC Act 1948.

Ans.2.(d)

Exp. The Corporate Office of Housing and Urban Development Corporation Limited (HUDCO) is in New Delhi.

Ans.3.(c)

Exp. An International transactions reporting system (ITRS) measures individual balance of payments cash transactions passing through the domestic banks and foreign bank accounts of enterprises, and noncash transactions and stock positions.

Ans.4.(b)

Exp. The International Fund for Agricultural Development or IFAD is an international financial institution and a specialised agency of the United Nations dedicated to eradicating poverty and hunger in rural areas of developing countries.

Ans.5.(a)

Exp. IFAD is an international financial institution and specialized United Nations agency based in Rome (Italy), the UN’s food and agriculture hub.

Ans.6.(c)

Exp. Karur Vysya Bank is an Indian old private-sector bank, headquartered in Karur in Tamil Nadu.

Ans.7.(e)

Exp. Dhanlaxmi Bank Ltd is an old private sector bank headquartered in Thrissur City, Kerala.

Ans.8.(a)

Exp. ICICI Bank is an Indian multinational bank and financial services company headquartered in Mumbai.

Ans.9.(d)

Exp. Bandhan Bank Ltd. is an Indian banking and financial services company headquartered in Kolkata, West Bengal. Bandhan, which started as a micro-finance company in 2001, received banking licence by Reserve Bank of India in 2014.

Ans.10.(b)

Exp. The Catholic Syrian Bank Limited is an Indian private sector bank with its headquarters at Thrissur, Kerala, India. It is one of the oldest banks in India.

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