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GK Test

Description: Banking General Knowledge Test Preparation and also Useful for UPSC, DSSB, Bank PO, SSC, and Other Competitive Entrance Exams Preparation and Practice Material
Number of Questions: 25
Created by:
Tags: General Knowledge Bank Placement Papers UPSC B.Ed IQ Quiz SSC Railways RRB Bank PO Bank Clerical NDA CDS Civil Services MBA MCA MAT RRB ASM PCS E-banking General Awareness Banking Awareness Triangle Properties Triangles Congruent Triangles
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Which was the first bank to introduce Credit Cards in India?

  1. Bank of India

  2. Global Trust Bank

  3. IndusInd Bank

  4. Central Bank of India

  5. Union Bank of India


Correct Option: D
Explanation:

Option 4 is correct.

Which bank has issued Visa Mini Card, smallest payment card of India?

  1. State Bank of India.

  2. ICICI Bank Ltd.

  3. HDFC Bank Ltd.

  4. Panjab National Bank.


Correct Option: B

Which of the following statements is/are correct with respect to debit cards?

  1. The customer need not carry his chequebook and wait until approval.
  2. The customer presents his debit card to the seller and signs 'Sale Slip'.
  3. The amount of purchase is debited to the account of the customer.
  1. 1 only

  2. 2 only

  3. Both 1 and 2

  4. All 1, 2 and 3

  5. 3 only


Correct Option: D

Which of the following statements is/are correct in respect of Kisan Credit Card?

  1. Credit limit of cardholder is determined on the basis of ownership of agriculture land.

  2. Cash Credit facility in respect of all crops is provided on Kisan Credit Card.

  3. Limit of Kisan Credit Card depends upon scale of finance, which is decided by lead district bank and it varies from place to place.

  4. All of the above

  5. None of these


Correct Option: D
Explanation:

Option 4 is correct.

Which statement is incorrect with regard to General Credit Card (GCC) scheme?

  1. GCCs are issued by commercial banks to meet general credit requirement of customers in rurl/semi-urban areas

  2. Total credit facility under a GCC for an individual should not exceed Rs. 25,000

  3. Banks should not insist for collateral securities while issuing GCCs

  4. A loan disbursed under GCC Scheme is not a part of Priority Sector Lending


Correct Option: D

What is the other name of Credit Card that is popular in banking world?

  1. PAN Card

  2. PIN Card

  3. Electronic Cheque

  4. Plastic Money

  5. None of these


Correct Option: D
Explanation:

Option 4 is correct.

Why are Credit Cards useful?

  1. Risk of carrying cash is very low

  2. It is helpful in case of contingent purchasing

  3. There is an increase in sales indirectly

  4. All the above

  5. None of the above


Correct Option: D

In which city is the Hindustan Organic Chemicals Limited?

  1. Hyderabad

  2. Kolkatta

  3. Kochi

  4. Rasayani


Correct Option: D

The first of the kind public private partnership for producing cement is between

  1. SAIL + Jaiprakash Associates

  2. GAIL + Jaiprakash Associates

  3. ACC + IEFCO

  4. IFFCO + Gujrat Ambuja


Correct Option: A

Which of the following statements is correct in respect to Credit Cards?

  1. It is a source of revolving credit.
  2. It is one of the means for obtaining cash.
  3. It is a mean for payment of goods and services.
  1. 1

  2. 2

  3. 1 and 2

  4. 1, 2 and 3


Correct Option: D

Which of the following banks has issued largest number of Credit Cards?

  1. Standard Chartered Bank

  2. Citi Bank

  3. ABN Amro

  4. ICICI Bank


Correct Option: D

Which of the following statements is correct in respect of Credit Card?

  1. While purchasing something, the buyer customer neither pays in cash not gives a cheque to seller

  2. The customer can buy goods on credit through a Credit Card upto a certain limit

  3. Both of the above

  4. None of the above


Correct Option: C

In which year was Mahindra & Mahindra incorporated?

  1. 1935

  2. 1955

  3. 1960

  4. 1945


Correct Option: D

Which is the first bank to launch Debit Card in India?

  1. Standard Chartered Bank

  2. Citi Bank

  3. ABN Amro

  4. American Express


Correct Option: B

Which committee has recommended introduction of Smart Card?

  1. Rangrajan Committee

  2. Saraf Committee

  3. Nayak Committee

  4. Pannirselvam Committee


Correct Option: B

Which is the first Indian bank to introduce Debit Cards in India?

  1. UTI Bank Ltd.

  2. Times Bank Ltd.

  3. Canara Bank

  4. Corporation Bank


Correct Option: B

For which of the following purpose an Indian can use of his International Credit Cards subject to his eligibility of foreign currency?

  1. Meeting foreign travel expenses
  2. Subscription for foreign magazine
  3. Import of some goods
  1. 1

  2. 2

  3. 1 and 2

  4. 1, 2 and 3


Correct Option: C

The brand 'BRAVIA' is owned by:

  1. Philips

  2. Sony

  3. Sanyo

  4. Mitsubishi


Correct Option: B

What is the period of time after which a Kisan Credit Card is renewed?

  1. 12 months

  2. 25 months

  3. 36 months

  4. 72 months


Correct Option: C

Which of the following banks introduced the Marathon Credit Card in India?

  1. State Bank of India

  2. ICICI Bank

  3. Standard Chartered Bank

  4. Development Credit Bank


Correct Option: C

Withi which of the following did SBI tie up to launch the country's first co-branded credit card?

  1. Whirlpool India

  2. LG Electronics India

  3. Videocon International

  4. Hutch India


Correct Option: B

Which private sector bank has launched 'Forex on Swipe' scheme for its Credit/Debit Cardholders under which Credit/Debit Cardholders of the Bank can get necessary foreign currency through their Cards during their foreign travels?

  1. ICICI Bank

  2. HDFC Bank

  3. Centurian Bank of Punjab

  4. IndusInd Bank


Correct Option: A

At which place can a bank establish an Automated Teller Machine?

  1. At Bank premises or a nearby place.
  2. At railway platform or airport or petrol pump or hospital.
  3. In a train or factory or super bazaar.
  1. 1

  2. 1 and 2

  3. 1 and 3

  4. 1, 2 and 3


Correct Option: D

With which of the following is Srinidhi Varadarajan associated?

  1. Convergence technologies

  2. Bioinformatics

  3. Creation of worlds third fastest super computer

  4. Japanese earth simulator


Correct Option: C

Which is the first bank to establish an ATM and where was first ATM established?

  1. Barclays Bank—in 1967 in London

  2. Citi Bank—in 1965 in New York

  3. Hongkong & Shanghai Banking Corporation—in 1963 in Shanghai

  4. Di-Ichi-Kangyo Bank—in 1961 in Tokyo


Correct Option: A
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