Banking Awareness

Avatar






Banking awareness Question


Which of the following is India’s first Credit Information Company?

A. CRISIL

B. CIBIL

C. SMERA

D. CERSAI

E. CARE


B. CIBIL


2. How many divisions are there in CIBIL?

A. one

B. Two

C. Three

D. Four

E. None of the Above


B. Two


3. Credit Bureau is governed by _________

A. Securities and Exchange Board of India Act, 1992

B. Reserve Bank of India Act, 1934

C. Banking Regulation Act, 1949

D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999

E. Credit Information Companies (Regulation) Act of 2005


E. Credit Information Companies (Regulation) Act of 2005


4. The headquarters of CERSAI located in ________

A. Mumbai

B. New Delhi

C. Hyderabad

D. Gurugram

E. None of these


B. New Delhi


5. Which of the following is/are functions of CERSAI?

A. check frauds in lending against equitable mortgages

B. maintains a central registry of equitable mortgages

C. Provides loan

D. Both (A) and (B)

E. None of these


D. Both (A) and (B)Explanation


6. Which of the following holds majority stake in NABARD?

A. RBI

B. Government Of India

C. IRDAI

D. None of the Above


B. Government Of India


7.Micro Units Development and Refinance Agency(MUDRA) Bank has been headquartered in _______

A. Mumbai

B. Bangalore

C. New Delhi

D. Hyderabad


C. New Delhi


8.Which of the following holds majority stake in RRBs?

A. Central Government

B. State Government

C. Sponsor Banks

D. All of the Above


A. Central Government


9.When the word “bearer” appearing on the face of a cheque is cancelled and when in its place the word “or order” is written on the face of cheque is called ____________

A. Order Cheque

B. Crossed Cheque

C. Ante-Dated Cheque

D. Bearer Cheque


A. Order Cheque

Read More: