GK Quiz

Q1)-First Multi- Currency Contactless Card service launched by ____.

HDFC Bank

Axis Bank

ICICI Bank

SBI

Ans.- B

Q2)-“Buddy” is a mobile app which aims at providing convenient and secure digital payment system to its customers, launched by which among the following banks?

SBI

ICICI

HDFC

Axis Bank

Ans.- A

Q3)-What is the minimum denomination of Treasury bills to issue in India?

RS 20,000

Rs 25, 000

Rs 30,000

Rs 35,000

Ans.- B

Q4)-In CRAR, A stands for:

Application

Accounts

Assets

Alternate

Ans.- C

Q5)-_______ is the rate at which banks borrow funds overnight from the Reserve Bank of India (RBI) against approved government securities.

CRR

SLR

Call Money

MSF

Ans.- D

Q6)-The availability of cash and other cash-like marketable instruments that are useful in purchases and investments are commonly known as:

Cash Crunch

Liquidity

Credit

Marketability

Ans.- B

Q7)-What is the maximum value to be stored in a prepaid card?

No Limit

Rs 10,000

Rs 5,000

Rs 50,000

Ans.- D

Q8)-Reserve Bank of India (RBI) has constituted a committee to prepare a 5 year action plan to spread the reach of financial services across country to unbanked population. The committee will be headed by ____.

Nachiket Mor

KC Chakraborty

Deepak Mohanty

Anand Siha

Ans.- C

Q9)-Money lent for one day is called:

Call money

Notice money

Term Money

All of the above

Ans.- A

Q10)-Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by ____.

Reserve Bank of India

Individual Banks

Government of India

IRDA

Ans.- C