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Banking Awareness Quiz For IBPS : 24- 09 - 19

Mahendra Guru
Banking Awareness Quiz For IBPS : 23- 09 - 19

Banking Awareness has been an important part of various competitive exams, so we are here with a series of Banking Awareness Quiz on a daily basis on our platform. Follow the quiz daily to improve your banking awareness.

Q.1. Where is the headquarters of the Bank of India located? 
  1. New Delhi 
  2. Mumbai 
  3. Kolkata 
  4. Chennai 
  5. None of these 
Ans. (2) 
Bank of India was founded on 7 September 1906 by a group of eminent businessmen from Mumbai, Maharashtra. 

Q.1 बैंक ऑफ़ इंडिया का मुख्यालय कहाँ स्थित है? 
  1. नई दिल्ली 
  2. मुंबई 
  3. कोलकाता 
  4. चेन्नई 
  5. इनमे से कोई नहीं 

उत्तर: (2) 
7 सितंबर 1906 को मुंबई, महाराष्ट्र के प्रतिष्ठित व्यापारियों के एक समूह द्वारा बैंक ऑफ इंडिया की स्थापना की गई थी। 

Q.2. BOB Capital Markets (BOBCAPS) is a SEBI-registered investment banking company which is wholly owned by Bank of Baroda. Where is the headquarters of BOB Capital Markets? 
  1. New Delhi 
  2. Mumbai 
  3. Kolkata 
  4. Chennai 
  5. None of these 
Ans. (2) 
BOB Capital Markets (BOBCAPS) is a SEBI-registered investment banking company based in Mumbai, Maharashtra. 

प्रश्न 2: बीओबी कैपिटल मार्केट्स, एक सेबी द्वारा पंजीकृत निवेश बैंकिंग कंपनी है, जो बैंक ऑफ बड़ौदा के पूर्ण स्वामित्व वाली कंपनी है। बीओबी कैपिटल मार्केट्स का मुख्यालय कहाँ है? 
  1. नई दिल्ली 
  2. मुंबई 
  3. कोलकाता 
  4. चेन्नई 
  5. इनमे से कोई नहीं 
उत्तर: (2) 
BOB कैपिटल मार्केट्स (BOBCAPS) एक सेबी-पंजीकृत निवेश बैंकिंग कंपनी है जो मुंबई, महाराष्ट्र में स्थित है। 

Q.3. The Indian Financial System Code (IFS Code or IFSC) is an _________ that facilitates electronic funds transfer in India. 
  1. alphanumeric code 
  2. numeric code 
  3. alphabetical code 
  4. roman code 
  5. none of these 
Ans. (1) 
The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. 

Q.4. PhonePe is an Indian e-commerce payment system and digital wallet company. Where is the headquarters of PhonePe located? 
  1. Bangalore 
  2. Kochi 
  3. Madurai 
  4. Trivendrum 
  5. None of these 

Ans. (1) 
PhonePe is an Indian e-commerce payment system and digital wallet company headquartered in Bangalore, India. 

Q.5. MobiKwik is an Indian company that provides a mobile phone based payment system and digital wallet. In which year it was founded? 
  1. 2010 
  2. 2008 
  3. 2012 
  4. 2009 
  5. None of these 
Ans. (4) 
MobiKwik is an Indian company founded in 2009 that provides a mobile phone based payment system and digital wallet. 

Q.6. On November 22, 2010, Which of the following organization launched Immediate Payment Services (IMPS) to offer an instant, 24-hour×7, interbank electronic fund transfer service through mobile phones? 
  1. RBI 
  2. SEBI 
  3. NPCI 
  4. SIDBI 
  5. None of these 
Ans. (3) 
NPCI launched Immediate Payment Services (IMPS) to offer an instant, 24-hour×7, interbank electronic fund transfer service through mobile phones. 

Q.7. What does the last three characters in MICR represents? 
  1. Branch Code 
  2. Bank Code 
  3. Central Code 
  4. City Code 
  5. None of these 
Ans. (1) 

MICR comprises of 3 parts: 

· The first three digits represent the city (City Code). They are aligned with the PIN code we use for postal addresses in India. 
· The next 3 digits represent the bank (Bank Code) 
· The last 3 digits represent the branch (Branch Code) 

Q.8. What does the first four characters in IFSC represents? 
  1. Branch Code 
  2. Bank Name 
  3. Central Code 
  4. City Name 
  5. None of these 
Ans. (2) 
The IFSC is an 11-character code with the first four alphabetic characters representing the bank name, and the last six characters (usually numeric, but can be alphabetic) representing the branch. The fifth character is 0 (zero) and reserved for future use. 

Q.9. One rupee note bear the signature of: 
  1. Finance Minister 
  2. RBI Governor 
  3. Secretary, Ministry of Finance 
  4. Deputy Governor of RBI 
  5. None of these 
Ans. (3) 
The One Rupee note is issued by Ministry of Finance and it bears the signatures of Finance Secretary, while other notes bear the signature of Governor RBI. 

Q.10. Beti Bachao, Beti Padhao yojna was launched on __________. 
  1. 20 January 2015 
  2. 21 January 2015 
  3. 23 January 2015 
  4. 22 January 2015 
  5. None of these 
Ans. (4) 
Beti Bachao, Beti Padhao is a campaign of the Government of India that aims to generate awareness and improve the efficiency of welfare services intended for girls in India. 

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