General Knowledge MCQs with answers Page - 30

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Q. Which of the following names is NOT associated with the insurance business in India?

  • (A) Bajaj Allianz
  • (B) LIC
  • (C) GIC
  • (D) GE Money

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Q. What does the M in M-banking stands for?

  • (A) Money
  • (B) Marginal
  • (C) Mutual fund
  • (D) Mobile

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Q. As per which act, holidays are provided in the banks?

  • (A) RBI act
  • (B) Banking regulation act
  • (C) As per orders of govt.
  • (D) Banking nationalization act

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Q. What was the purpose of setting up Narsimhan committee-2 ?

  • (A) efficiency and productivity of financial institution
  • (B) banking reform process
  • (C) export of it sector
  • (D) fiscal reform process

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Q. If you wish to purchase US dollars to travel abroad, you will approach:-

  • (A) Ministry of finance
  • (B) US embassy
  • (C) Any bank branch authorized for such activity
  • (D) External affairs ministry

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Q. Merchant banking in India is governed by:-

  • (A) SEBI
  • (B) RBI
  • (C) IRDA
  • (D) Ministry of finance

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Q. Which of the following schemes are not meant for investment purposes?

  • (A) National saving certificate
  • (B) Mutual funds
  • (C) Infrastructure bonds
  • (D) Letter of credit

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Q. World investment report is published by?

  • (A) UNDP
  • (B) World bank
  • (C) IMF
  • (D) UNCTAD

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Q. Section 14 of banking regulations act 1949 deals with:-

  • (A) Prohibition of a banking company form creating a charge upon and unpaid capital of the company
  • (B) System of licensing of banks by RBI
  • (C) Regarding holidays of the bank
  • (D) None

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Q. For resolving the complaints of customers, ombudsman charges:-

  • (A) Charges Rs. 500
  • (B) Charges Rs. 1000
  • (C) Charge of Rs. 100 deducted from bank account
  • (D) Does not charge any fees

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